SALVATORE BARRASSI: what changed
SALVATORE BARRASSI
Largest movements
- Cash -€7,363
down €7,363 (-51.3%), from €14,350 to €6,987
mainly Net result for the year (-€5,927) and Other debts (-€5,802)
- Tangible fixed assets -€5,181
down €5,181 (-59.8%), from €8,661 to €3,480
- Receivables within one year -€3,545
down €3,545 (-49.7%), from €7,129 to €3,584
- Profit (loss) carried forward -€5,927
down €5,927 (-60.6%), from €9,775 to €3,848
- Other debts -€5,802
down €5,802 (-48.2%), from €12,045 to €6,243
- Tax, wage and social debts -€2,522
down €2,522 (-74.9%), from €3,366 to €843
- Trade debts -€2,455
down €2,455 (-68.2%), from €3,599 to €1,144
- Short-term financial debts +€626
new in 2025: €626
- Gross operating margin -€2,378
down €2,378 (-82.1%), from €2,898 to €520
- Other operating charges -€475
down €475 (-33.9%), from €1,399 to €924
- Financial income -€206
down €206 (-97.6%), from €211 to €5
- Taxes +€114
up €114 (+127%), from €90 to €204
- Financial charges +€31
up €31 (+28.3%), from €111 to €143
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €31,784 | €15,704 | -€16,080 | -50.6% |
| Fixed assets | 21/28 | €9,741 | €4,560 | -€5,181 | -53.2% |
| Tangible fixed assets | 22/27 | €8,661 | €3,480 | -€5,181 | -59.8% |
| Furniture and vehicles | 24 | €8,661 | €3,480 | -€5,181 | -59.8% |
| Financial fixed assets | 28 | €1,080 | €1,080 | = | 0.0% |
| Current assets | 29/58 | €22,043 | €11,144 | -€10,899 | -49.4% |
| Amounts receivable within one year | 40/41 | €7,129 | €3,584 | -€3,545 | -49.7% |
| Trade receivables | 40 | €7,129 | €3,584 | -€3,545 | -49.7% |
| Cash at bank and in hand | 54/58 | €14,350 | €6,987 | -€7,363 | -51.3% |
| Deferred charges and accrued income | 490/1 | €564 | €573 | +€9 | +1.5% |
| Total equity and liabilities | 10/49 | €31,784 | €15,704 | -€16,080 | -50.6% |
| Equity | 10/15 | €12,775 | €6,848 | -€5,927 | -46.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,775 | €3,848 | -€5,927 | -60.6% |
| Amounts payable | 17/49 | €19,009 | €8,856 | -€10,154 | -53.4% |
| Amounts payable within one year | 42/48 | €19,009 | €8,856 | -€10,154 | -53.4% |
| Financial debts | 43 | - | €626 | +€626 | |
| Credit institutions | 430/8 | - | €626 | +€626 | |
| Trade debts | 44 | €3,599 | €1,144 | -€2,455 | -68.2% |
| Suppliers | 440/4 | €3,599 | €1,144 | -€2,455 | -68.2% |
| Taxes, remuneration and social security | 45 | €3,366 | €843 | -€2,522 | -74.9% |
| Taxes | 450/3 | €3,366 | €843 | -€2,522 | -74.9% |
| Other amounts payable | 47/48 | €12,045 | €6,243 | -€5,802 | -48.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,181 | €5,181 | = | 0.0% |
| Other operating charges | 640/8 | €1,399 | €924 | -€475 | -33.9% |
| Gross operating margin | 9900 | €2,898 | €520 | -€2,378 | -82.1% |
| Operating profit (loss) | 9901 | -€3,682 | -€5,586 | -€1,904 | -51.7% |
| Financial income | 75/76B | €211 | €5 | -€206 | -97.6% |
| Recurring financial income | 75 | €211 | €5 | -€206 | -97.6% |
| Financial charges | 65/66B | €111 | €143 | +€31 | +28.3% |
| Recurring financial charges | 65 | €111 | €143 | +€31 | +28.3% |
| Profit (loss) for the period before taxes | 9903 | -€3,582 | -€5,723 | -€2,141 | -59.8% |
| Income taxes | 67/77 | €90 | €204 | +€114 | +127% |
| Profit (loss) for the period | 9904 | -€3,672 | -€5,927 | -€2,255 | -61.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,672 | -€5,927 | -€2,255 | -61.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.