Salvatorvereniging: 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.
What changed
Salvatorvereniging
NACE 94.910, Activities of religious organisations
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€531,393
2024 · €21,454-€552,847
Equity
€27.2m
2024 · €27.7m-€531,393
Cash
€1.3m
2024 · €1.9m-€642,132
Balance sheet total
€38.3m
2024 · €39.1m-€798,080
Largest movements
Assets
- Cash -€642,132
down €642,132 (-33.7%), from €1.9m to €1.3m
mainly Net result for the year (-€531,393) and Current investments (-€451,718)
- Receivables after one year -€589,466
down €589,466 (-2.7%), from €21.8m to €21.2m
- Current investments +€451,718
up €451,718 (+3.6%), from €12.6m to €13.1m
Equity and liabilities
- Profit (loss) carried forward -€531,393
down €531,393 (-4.2%), from €12.7m to €12.1m
Income statement
- Gross operating margin -€358,747
down €358,747 (-215%), from -€166,982 to -€525,729
- Financial income -€140,307
down €140,307 (-25.0%), from €560,463 to €420,156
- Staff costs +€36,230
up €36,230 (+15.8%), from €229,260 to €265,490
- Other operating charges +€19,296
up €19,296 (+17.4%), from €110,691 to €129,987
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.
Result 2024
€21,454
Gross operating margin
-€358,747
Staff costs
-€36,230
Depreciation
+€1,345
Other operating charges
-€19,296
Financial income
-€140,307
Financial charges
+€388
Result 2025
-€531,393
raises the resultlowers the result
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.
From operations
-€145,202
Investment
-€456,313
Financing
-€40,617
Cash 2024
€1.9m
From operations (derived)
-€145,202
Net result for the year
-€531,393
Depreciation
+€27,566
Receivables after one year
+€589,466
Receivables within one year
-€7,022
Deferred charges and accrued income
+€2,251
Trade debts
+€2,768
Tax, wage and social debts
+€4,952
Accrued charges and deferred income
-€233,790
Investment (derived)
-€456,313
Investment in fixed assets (net)
-€4,595
Current investments
-€451,718
Financing
-€40,617
Debts after one year
-€40,981
Current portion of long-term debt
+€364
Cash 2025
€1.3m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €39,059,107 | €38,261,027 | -€798,080 | -2.0% |
| Fixed assets | 21/28 | €2,151,055 | €2,128,084 | -€22,971 | -1.1% |
| Tangible fixed assets | 22/27 | €2,151,055 | €2,128,084 | -€22,971 | -1.1% |
| Land and buildings | 22 | €521,554 | €496,998 | -€24,556 | -4.7% |
| Plant, machinery and equipment | 23 | €9,928 | €8,726 | -€1,202 | -12.1% |
| Furniture and vehicles | 24 | €150,563 | €153,350 | +€2,787 | +1.9% |
| Other tangible fixed assets | 26 | €1,469,010 | €1,469,010 | = | 0.0% |
| Current assets | 29/58 | €36,908,052 | €36,132,943 | -€775,109 | -2.1% |
| Amounts receivable after more than one year | 29 | €21,767,043 | €21,177,577 | -€589,466 | -2.7% |
| Other amounts receivable | 291 | €21,767,043 | €21,177,577 | -€589,466 | -2.7% |
| Amounts receivable within one year | 40/41 | €580,702 | €587,724 | +€7,022 | +1.2% |
| Other amounts receivable | 41 | €580,702 | €587,724 | +€7,022 | +1.2% |
| Current investments | 50/53 | €12,626,585 | €13,078,303 | +€451,718 | +3.6% |
| Cash at bank and in hand | 54/58 | €1,905,461 | €1,263,329 | -€642,132 | -33.7% |
| Deferred charges and accrued income | 490/1 | €28,261 | €26,010 | -€2,251 | -8.0% |
| Total equity and liabilities | 10/49 | €39,059,107 | €38,261,027 | -€798,080 | -2.0% |
| Equity | 10/15 | €27,726,204 | €27,194,811 | -€531,393 | -1.9% |
| Contributions | 10/11 | €15,053,265 | €15,053,265 | = | 0.0% |
| Capital | 10 | €15,053,265 | €15,053,265 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,672,939 | €12,141,546 | -€531,393 | -4.2% |
| Amounts payable | 17/49 | €11,332,903 | €11,066,216 | -€266,687 | -2.4% |
| Amounts payable after more than one year | 17 | €187,907 | €146,926 | -€40,981 | -21.8% |
| Financial debts | 170/4 | €113,582 | €72,601 | -€40,981 | -36.1% |
| Other amounts payable | 178/9 | €74,325 | €74,325 | = | 0.0% |
| Amounts payable within one year | 42/48 | €95,918 | €104,002 | +€8,084 | +8.4% |
| Current portion of amounts payable after more than one year | 42 | €40,617 | €40,981 | +€364 | +0.9% |
| Trade debts | 44 | €20,759 | €23,527 | +€2,768 | +13.3% |
| Suppliers | 440/4 | €20,759 | €23,527 | +€2,768 | +13.3% |
| Taxes, remuneration and social security | 45 | €34,542 | €39,494 | +€4,952 | +14.3% |
| Taxes | 450/3 | €6,222 | €6,681 | +€459 | +7.4% |
| Remuneration and social security | 454/9 | €28,320 | €32,813 | +€4,493 | +15.9% |
| Accrued charges and deferred income | 492/3 | €11,049,078 | €10,815,288 | -€233,790 | -2.1% |
| Non-recurring operating income | 76A | €15,212 | - | -€15,212 | |
| Remuneration, social security and pensions | 62 | €229,260 | €265,490 | +€36,230 | +15.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,911 | €27,566 | -€1,345 | -4.7% |
| Other operating charges | 640/8 | €110,691 | €129,987 | +€19,296 | +17.4% |
| Gross operating margin | 9900 | -€166,982 | -€525,729 | -€358,747 | -215% |
| Operating profit (loss) | 9901 | -€535,844 | -€948,772 | -€412,928 | -77.1% |
| Financial income | 75/76B | €560,463 | €420,156 | -€140,307 | -25.0% |
| Recurring financial income | 75 | €560,463 | €420,156 | -€140,307 | -25.0% |
| Financial charges | 65/66B | €3,165 | €2,777 | -€388 | -12.3% |
| Recurring financial charges | 65 | €3,165 | €2,777 | -€388 | -12.3% |
| Profit (loss) for the period before taxes | 9903 | €21,454 | -€531,393 | -€552,847 | |
| Profit (loss) for the period | 9904 | €21,454 | -€531,393 | -€552,847 | |
| Profit (loss) for the period to be appropriated | 9905 | €21,454 | -€531,393 | -€552,847 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.