Salvasan: 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.
Salvasan
Largest movements
- Cash -€26,079
down €26,079 (-82.8%), from €31,497 to €5,419
mainly Contributions, distributions and other (-€77,500) and Receivables within one year (-€14,041)
- Receivables within one year +€14,041
up €14,041 (+69.8%), from €20,117 to €34,158
of which Other amounts receivable: +€11,793
- Deferred charges and accrued income +€2,700
up €2,700 (+1,038%), from €260 to €2,960
- Tangible fixed assets +€1,513
up €1,513 (+10.7%), from €14,088 to €15,602
of which Other tangible fixed assets: +€5,903
- Reserves -€38,083
down €38,083 (-57.2%), from €66,575 to €28,492
- Tax, wage and social debts +€14,875
up €14,875 (+140%), from €10,634 to €25,508
- Trade debts +€10,238
up €10,238 (+281,252%), from €4 to €10,241
- Accrued charges and deferred income +€4,000
new in 2025: €4,000
- Other debts +€1,146
new in 2025: €1,146
- Gross operating margin +€28,284
up €28,284 (+59.4%), from €47,618 to €75,902
- Taxes +€10,793
up €10,793 (+118%), from €9,120 to €19,913
- Other operating charges +€5,218
up €5,218 (+249%), from €2,092 to €7,310
- Depreciation +€1,322
up €1,322 (+18.8%), from €7,018 to €8,340
From the 2024 result to the 2025 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.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €95,763 | €87,938 | -€7,824 | -8.2% |
| Fixed assets | 21/28 | €18,888 | €20,402 | +€1,513 | +8.0% |
| Tangible fixed assets | 22/27 | €14,088 | €15,602 | +€1,513 | +10.7% |
| Furniture and vehicles | 24 | €4,389 | €0 | -€4,389 | -100% |
| Other tangible fixed assets | 26 | €9,699 | €15,602 | +€5,903 | +60.9% |
| Financial fixed assets | 28 | €4,800 | €4,800 | = | 0.0% |
| Current assets | 29/58 | €76,874 | €67,537 | -€9,338 | -12.1% |
| Amounts receivable after more than one year | 29 | €25,000 | €25,000 | = | 0.0% |
| Other amounts receivable | 291 | €25,000 | €25,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €20,117 | €34,158 | +€14,041 | +69.8% |
| Trade receivables | 40 | €15,125 | €17,373 | +€2,248 | +14.9% |
| Other amounts receivable | 41 | €4,992 | €16,785 | +€11,793 | +236% |
| Cash at bank and in hand | 54/58 | €31,497 | €5,419 | -€26,079 | -82.8% |
| Deferred charges and accrued income | 490/1 | €260 | €2,960 | +€2,700 | +1,038% |
| Total equity and liabilities | 10/49 | €95,763 | €87,938 | -€7,824 | -8.2% |
| Equity | 10/15 | €85,125 | €47,042 | -€38,083 | -44.7% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €66,575 | €28,492 | -€38,083 | -57.2% |
| Distributable reserves | 133 | €66,575 | €28,492 | -€38,083 | -57.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €10,637 | €40,896 | +€30,259 | +284% |
| Amounts payable within one year | 42/48 | €10,637 | €36,896 | +€26,259 | +247% |
| Trade debts | 44 | €4 | €10,241 | +€10,238 | +281,252% |
| Suppliers | 440/4 | €4 | €10,241 | +€10,238 | +281,252% |
| Taxes, remuneration and social security | 45 | €10,634 | €25,508 | +€14,875 | +140% |
| Taxes | 450/3 | €10,634 | €25,508 | +€14,875 | +140% |
| Other amounts payable | 47/48 | - | €1,146 | +€1,146 | |
| Accrued charges and deferred income | 492/3 | - | €4,000 | +€4,000 | |
| Non-recurring operating income | 76A | - | €19,344 | +€19,344 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,018 | €8,340 | +€1,322 | +18.8% |
| Other operating charges | 640/8 | €2,092 | €7,310 | +€5,218 | +249% |
| Gross operating margin | 9900 | €47,618 | €75,902 | +€28,284 | +59.4% |
| Operating profit (loss) | 9901 | €38,508 | €60,253 | +€21,744 | +56.5% |
| Financial income | 75/76B | €0 | €0 | = | 0.0% |
| Recurring financial income | 75 | €0 | €0 | = | 0.0% |
| Financial charges | 65/66B | €434 | €923 | +€489 | +113% |
| Recurring financial charges | 65 | €434 | €923 | +€489 | +113% |
| Profit (loss) for the period before taxes | 9903 | €38,075 | €59,330 | +€21,256 | +55.8% |
| Income taxes | 67/77 | €9,120 | €19,913 | +€10,793 | +118% |
| Profit (loss) for the period | 9904 | €28,955 | €39,417 | +€10,462 | +36.1% |
| Profit (loss) for the period to be appropriated | 9905 | €28,955 | €39,417 | +€10,462 | +36.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.