SALVATECH: what changed
Two fiscal 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.
SALVATECH
Largest movements
- Cash +€17,116
up €17,116 (+313.3%), from €5,463 to €22,579
mainly Tax, wage and social debts (+€38,465) and Trade debts (+€23,932)
- Receivables within one year +€11,132
up €11,132 (+26.7%), from €41,616 to €52,748
of which Trade receivables: +€9,703
- Profit (loss) carried forward -€53,819
down €53,819 (-75.9%), from -€70,936 to -€124,755
- Tax, wage and social debts +€38,465
up €38,465 (+29.3%), from €131,161 to €169,626
of which Remuneration and social security: +€38,465
- Trade debts +€23,932
up €23,932 (+143.0%), from €16,740 to €40,671
- Other debts +€19,317
up €19,317 (+1098.0%), from €1,759 to €21,076
- Turnover -€534,460
no longer reported in 2025 (was €534,460)
- Purchases and services -€403,502
no longer reported in 2025 (was €403,502)
- Gross operating margin -€74,254
down €74,254 (-55.8%), from €133,136 to €58,882
- Financial charges -€15,968
no longer reported in 2025 (was €15,968)
of which Financial charges: -€8,278
- Other operating charges -€7,336
down €7,336 (-33.3%), from €22,043 to €14,708
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.
Cash bridge derived
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 | €87,723 | €115,619 | +€27,895 | +31.8% |
| Fixed assets | 21/28 | €644 | €292 | -€352 | -54.7% |
| Tangible fixed assets | 22/27 | €554 | €202 | -€352 | -63.6% |
| Plant, machinery and equipment | 23 | €437 | €202 | -€235 | -53.8% |
| Furniture and vehicles | 24 | €117 | - | -€117 | |
| Financial fixed assets | 28 | €90 | €90 | = | 0.0% |
| Current assets | 29/58 | €87,079 | €115,327 | +€28,248 | +32.4% |
| Stocks and contracts in progress | 3 | €40,000 | €40,000 | = | 0.0% |
| Contracts in progress | 37 | €40,000 | €40,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €41,616 | €52,748 | +€11,132 | +26.7% |
| Trade receivables | 40 | €27,631 | €37,334 | +€9,703 | +35.1% |
| Other amounts receivable | 41 | €13,986 | €15,414 | +€1,429 | +10.2% |
| Cash at bank and in hand | 54/58 | €5,463 | €22,579 | +€17,116 | +313.3% |
| Total equity and liabilities | 10/49 | €87,723 | €115,619 | +€27,895 | +31.8% |
| Equity | 10/15 | -€61,936 | -€115,755 | -€53,819 | -86.9% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Outside capital | 11 | €7,000 | €7,000 | = | 0.0% |
| Other | 1109/19 | €7,000 | €7,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€70,936 | -€124,755 | -€53,819 | -75.9% |
| Amounts payable | 17/49 | €149,660 | €231,374 | +€81,714 | +54.6% |
| Amounts payable within one year | 42/48 | €149,660 | €231,374 | +€81,714 | +54.6% |
| Trade debts | 44 | €16,740 | €40,671 | +€23,932 | +143.0% |
| Suppliers | 440/4 | €16,740 | €40,671 | +€23,932 | +143.0% |
| Taxes, remuneration and social security | 45 | €131,161 | €169,626 | +€38,465 | +29.3% |
| Taxes | 450/3 | €19,169 | €19,169 | = | 0.0% |
| Remuneration and social security | 454/9 | €111,992 | €150,457 | +€38,465 | +34.3% |
| Other amounts payable | 47/48 | €1,759 | €21,076 | +€19,317 | +1098.0% |
| Turnover | 70 | €534,460 | - | -€534,460 | |
| Goods, raw materials, services and sundry goods | 60/61 | €403,502 | - | -€403,502 | |
| Remuneration, social security and pensions | 62 | €104,008 | €102,620 | -€1,389 | -1.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €621 | €352 | -€269 | -43.3% |
| Other operating charges | 640/8 | €22,043 | €14,708 | -€7,336 | -33.3% |
| Gross operating margin | 9900 | €133,136 | €58,882 | -€74,254 | -55.8% |
| Operating profit (loss) | 9901 | €6,464 | -€58,797 | -€65,261 | |
| Financial income | 75/76B | - | €4,979 | +€4,979 | |
| Recurring financial income | 75 | - | €4,979 | +€4,979 | |
| Financial charges | 65/66B | €15,968 | - | -€15,968 | |
| Recurring financial charges | 65 | €8,278 | - | -€8,278 | |
| Non-recurring financial charges | 66B | €7,689 | - | -€7,689 | |
| Profit (loss) for the period before taxes | 9903 | -€9,504 | -€53,819 | -€44,315 | -466.3% |
| Profit (loss) for the period | 9904 | -€9,504 | -€53,819 | -€44,315 | -466.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,504 | -€53,819 | -€44,315 | -466.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.