SALVIA: 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.
SALVIA
Largest movements
- Cash -€62,719
down €62,719 (-61.1%), from €102,597 to €39,878
mainly Other debts (-€81,216) and Accrued charges and deferred income (-€112)
- Other debts -€81,216
down €81,216 (-6.0%), from €1.3m to €1.3m
- Gross operating margin +€16,158
up €16,158 (+245.3%), from €6,587 to €22,745
- Financial income -€2,990
no longer reported in 2025 (was €2,990)
- Other operating charges -€899
down €899 (-16.3%), from €5,522 to €4,623
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 | €1,643,537 | €1,569,939 | -€73,598 | -4.5% |
| Fixed assets | 21/28 | €1,539,481 | €1,529,165 | -€10,317 | -0.7% |
| Tangible fixed assets | 22/27 | €1,539,481 | €1,529,165 | -€10,317 | -0.7% |
| Land and buildings | 22 | €1,538,849 | €1,528,612 | -€10,238 | -0.7% |
| Other tangible fixed assets | 26 | €632 | €553 | -€79 | -12.5% |
| Current assets | 29/58 | €104,056 | €40,775 | -€63,281 | -60.8% |
| Amounts receivable within one year | 40/41 | €1,459 | €897 | -€562 | -38.5% |
| Other amounts receivable | 41 | €1,459 | €897 | -€562 | -38.5% |
| Cash at bank and in hand | 54/58 | €102,597 | €39,878 | -€62,719 | -61.1% |
| Total equity and liabilities | 10/49 | €1,643,537 | €1,569,939 | -€73,598 | -4.5% |
| Equity | 10/15 | €299,441 | €307,172 | +€7,730 | +2.6% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Capital | 10 | €300,000 | €300,000 | = | 0.0% |
| Issued capital | 100 | €300,000 | €300,000 | = | 0.0% |
| Reserves | 13 | €30,000 | €30,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €30,000 | €30,000 | = | 0.0% |
| Legal reserve | 130 | €30,000 | €30,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,559 | -€22,828 | +€7,730 | +25.3% |
| Amounts payable | 17/49 | €1,344,095 | €1,262,767 | -€81,328 | -6.1% |
| Amounts payable within one year | 42/48 | €1,343,983 | €1,262,767 | -€81,216 | -6.0% |
| Other amounts payable | 47/48 | €1,343,983 | €1,262,767 | -€81,216 | -6.0% |
| Accrued charges and deferred income | 492/3 | €112 | - | -€112 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,317 | €10,317 | = | 0.0% |
| Other operating charges | 640/8 | €5,522 | €4,623 | -€899 | -16.3% |
| Gross operating margin | 9900 | €6,587 | €22,745 | +€16,158 | +245.3% |
| Operating profit (loss) | 9901 | -€9,252 | €7,805 | +€17,057 | |
| Financial income | 75/76B | €2,990 | - | -€2,990 | |
| Recurring financial income | 75 | €2,990 | - | -€2,990 | |
| Financial charges | 65/66B | €74 | €75 | +€2 | +2.0% |
| Recurring financial charges | 65 | €74 | €75 | +€2 | +2.0% |
| Profit (loss) for the period before taxes | 9903 | -€6,336 | €7,730 | +€14,066 | |
| Profit (loss) for the period | 9904 | -€6,336 | €7,730 | +€14,066 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,336 | €7,730 | +€14,066 |
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 7 October 2026 via checked.be.