SALVA - TRANS: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
SALVA - TRANS
Largest movements
- Tangible fixed assets -€13,526
down €13,526 (-16.1%), from €83,931 to €70,405
of which Leasing and similar rights: -€12,363
- Receivables within one year -€6,237
down €6,237 (-16.6%), from €37,597 to €31,360
of which Trade receivables: -€3,644
- Deferred charges and accrued income -€1,691
down €1,691 (-49.3%), from €3,432 to €1,741
- Debts after one year -€12,744
down €12,744 (-28.3%), from €45,104 to €32,359
- Current portion of long-term debt -€8,666
down €8,666 (-40.5%), from €21,410 to €12,745
- Tax, wage and social debts +€7,275
up €7,275 (+64.4%), from €11,297 to €18,571
of which Taxes: +€7,275
- Short-term financial debts -€5,781
no longer reported in 2023 (was €5,781)
- Profit (loss) carried forward -€3,490
down €3,490 (-22.2%), from €15,698 to €12,207
- Depreciation -€15,162
down €15,162 (-47.6%), from €31,822 to €16,660
- Gross operating margin -€7,863
down €7,863 (-26.3%), from €29,895 to €22,032
- Financial charges -€1,339
down €1,339 (-20.1%), from €6,667 to €5,329
- Other operating charges +€353
up €353 (+9.0%), from €3,910 to €4,263
From the 2022 result to the 2023 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €143,287 | €121,189 | -€22,098 | -15.4% |
| Fixed assets | 21/28 | €86,038 | €72,512 | -€13,526 | -15.7% |
| Tangible fixed assets | 22/27 | €83,931 | €70,405 | -€13,526 | -16.1% |
| Land and buildings | 22 | €45,748 | €42,061 | -€3,687 | -8.1% |
| Plant, machinery and equipment | 23 | €439 | €307 | -€132 | -30.1% |
| Furniture and vehicles | 24 | - | €2,656 | +€2,656 | |
| Leasing and similar rights | 25 | €37,744 | €25,381 | -€12,363 | -32.8% |
| Financial fixed assets | 28 | €2,107 | €2,107 | = | 0.0% |
| Current assets | 29/58 | €57,249 | €48,677 | -€8,572 | -15.0% |
| Amounts receivable within one year | 40/41 | €37,597 | €31,360 | -€6,237 | -16.6% |
| Trade receivables | 40 | €3,753 | €109 | -€3,644 | -97.1% |
| Other amounts receivable | 41 | €33,844 | €31,251 | -€2,593 | -7.7% |
| Current investments | 50/53 | €7,999 | €7,999 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €8,221 | €7,577 | -€645 | -7.8% |
| Deferred charges and accrued income | 490/1 | €3,432 | €1,741 | -€1,691 | -49.3% |
| Total equity and liabilities | 10/49 | €143,287 | €121,189 | -€22,098 | -15.4% |
| Equity | 10/15 | €51,710 | €47,270 | -€4,439 | -8.6% |
| Contributions | 10/11 | €1,487 | €1,487 | = | 0.0% |
| Reserves | 13 | €30,786 | €30,786 | = | 0.0% |
| Distributable reserves | 133 | €30,786 | €30,786 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,698 | €12,207 | -€3,490 | -22.2% |
| Investment grants | 15 | €3,739 | €2,790 | -€949 | -25.4% |
| Amounts payable | 17/49 | €91,578 | €73,919 | -€17,659 | -19.3% |
| Amounts payable after more than one year | 17 | €45,104 | €32,359 | -€12,744 | -28.3% |
| Financial debts | 170/4 | €45,104 | €32,359 | -€12,744 | -28.3% |
| Amounts payable within one year | 42/48 | €46,174 | €41,531 | -€4,643 | -10.1% |
| Current portion of amounts payable after more than one year | 42 | €21,410 | €12,745 | -€8,666 | -40.5% |
| Financial debts | 43 | €5,781 | - | -€5,781 | |
| Credit institutions | 430/8 | €5,781 | - | -€5,781 | |
| Trade debts | 44 | €7,485 | €9,105 | +€1,620 | +21.6% |
| Suppliers | 440/4 | €7,485 | €9,105 | +€1,620 | +21.6% |
| Taxes, remuneration and social security | 45 | €11,297 | €18,571 | +€7,275 | +64.4% |
| Taxes | 450/3 | €7,897 | €15,171 | +€7,275 | +92.1% |
| Remuneration and social security | 454/9 | €3,400 | €3,400 | = | 0.0% |
| Other amounts payable | 47/48 | €201 | €1,110 | +€910 | +453.6% |
| Accrued charges and deferred income | 492/3 | €300 | €29 | -€271 | -90.4% |
| Remuneration, social security and pensions | 62 | €183 | €157 | -€26 | -14.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €31,822 | €16,660 | -€15,162 | -47.6% |
| Other operating charges | 640/8 | €3,910 | €4,263 | +€353 | +9.0% |
| Gross operating margin | 9900 | €29,895 | €22,032 | -€7,863 | -26.3% |
| Operating profit (loss) | 9901 | -€6,021 | €952 | +€6,973 | |
| Financial income | 75/76B | €949 | €1,103 | +€154 | +16.2% |
| Recurring financial income | 75 | €949 | €1,103 | +€154 | +16.2% |
| Financial charges | 65/66B | €6,667 | €5,329 | -€1,339 | -20.1% |
| Recurring financial charges | 65 | €6,667 | €5,329 | -€1,339 | -20.1% |
| Profit (loss) for the period before taxes | 9903 | -€11,739 | -€3,274 | +€8,465 | +72.1% |
| Income taxes | 67/77 | €203 | €217 | +€14 | +6.9% |
| Profit (loss) for the period | 9904 | -€11,942 | -€3,490 | +€8,451 | +70.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€11,942 | -€3,490 | +€8,451 | +70.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.