SALYAX: 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.
SALYAX
Largest movements
- Cash +€6,438
up €6,438 (+79.7%), from €8,074 to €14,512
mainly Tax, wage and social debts (+€44,406) and Receivables within one year (+€3,690)
- Receivables within one year -€3,690
down €3,690 (-7.4%), from €50,042 to €46,352
of which Other amounts receivable: -€4,057
- Tangible fixed assets -€3,037
down €3,037 (-46.2%), from €6,575 to €3,538
of which Furniture and vehicles: -€2,313
- Stocks and contracts -€1,749
down €1,749 (-19.4%), from €8,997 to €7,248
- Tax, wage and social debts +€44,406
up €44,406 (+153.8%), from €28,873 to €73,278
of which Remuneration and social security: +€27,445
- Profit (loss) carried forward -€29,516
down €29,516 (-120.4%), from -€24,520 to -€54,035
- Trade debts -€16,815
down €16,815 (-37.5%), from €44,882 to €28,067
- Staff costs +€38,643
up €38,643 (+46.1%), from €83,874 to €122,516
- Gross operating margin +€16,799
up €16,799 (+17.5%), from €96,246 to €113,045
- Taxes -€2,249
down €2,249 (-89.3%), from €2,518 to €269
- Financial charges -€1,999
down €1,999 (-16.6%), from €12,060 to €10,061
- Other operating charges +€1,717
up €1,717 (+93.9%), from €1,829 to €3,546
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €80,221 | €78,296 | -€1,925 | -2.4% |
| Fixed assets | 21/28 | €12,785 | €9,748 | -€3,037 | -23.8% |
| Tangible fixed assets | 22/27 | €6,575 | €3,538 | -€3,037 | -46.2% |
| Plant, machinery and equipment | 23 | €1,460 | €736 | -€724 | -49.6% |
| Furniture and vehicles | 24 | €5,115 | €2,802 | -€2,313 | -45.2% |
| Financial fixed assets | 28 | €6,210 | €6,210 | = | 0.0% |
| Current assets | 29/58 | €67,437 | €68,548 | +€1,112 | +1.6% |
| Stocks and contracts in progress | 3 | €8,997 | €7,248 | -€1,749 | -19.4% |
| Stocks | 30/36 | €8,997 | €7,248 | -€1,749 | -19.4% |
| Amounts receivable within one year | 40/41 | €50,042 | €46,352 | -€3,690 | -7.4% |
| Trade receivables | 40 | €11,104 | €11,471 | +€367 | +3.3% |
| Other amounts receivable | 41 | €38,938 | €34,881 | -€4,057 | -10.4% |
| Cash at bank and in hand | 54/58 | €8,074 | €14,512 | +€6,438 | +79.7% |
| Deferred charges and accrued income | 490/1 | €324 | €436 | +€112 | +34.6% |
| Total equity and liabilities | 10/49 | €80,221 | €78,296 | -€1,925 | -2.4% |
| Equity | 10/15 | €6,466 | -€23,049 | -€29,516 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Share premium | 1100/10 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €12,386 | €12,386 | = | 0.0% |
| Distributable reserves | 133 | €12,386 | €12,386 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,520 | -€54,035 | -€29,516 | -120.4% |
| Amounts payable | 17/49 | €73,755 | €101,346 | +€27,591 | +37.4% |
| Amounts payable within one year | 42/48 | €73,755 | €101,346 | +€27,591 | +37.4% |
| Trade debts | 44 | €44,882 | €28,067 | -€16,815 | -37.5% |
| Suppliers | 440/4 | €44,882 | €28,067 | -€16,815 | -37.5% |
| Taxes, remuneration and social security | 45 | €28,873 | €73,278 | +€44,406 | +153.8% |
| Taxes | 450/3 | €17,847 | €34,808 | +€16,961 | +95.0% |
| Remuneration and social security | 454/9 | €11,026 | €38,471 | +€27,445 | +248.9% |
| Non-recurring operating income | 76A | €1,144 | €2,845 | +€1,701 | +148.7% |
| Remuneration, social security and pensions | 62 | €83,874 | €122,516 | +€38,643 | +46.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,303 | €3,037 | +€734 | +31.9% |
| Other operating charges | 640/8 | €1,829 | €3,546 | +€1,717 | +93.9% |
| Non-recurring operating charges | 66A | €1,226 | €3,144 | +€1,918 | +156.4% |
| Gross operating margin | 9900 | €96,246 | €113,045 | +€16,799 | +17.5% |
| Operating profit (loss) | 9901 | €7,015 | -€19,198 | -€26,214 | |
| Financial income | 75/76B | €117 | €13 | -€105 | -89.0% |
| Recurring financial income | 75 | €117 | €13 | -€105 | -89.0% |
| Financial charges | 65/66B | €12,060 | €10,061 | -€1,999 | -16.6% |
| Recurring financial charges | 65 | €12,060 | €10,061 | -€1,999 | -16.6% |
| Profit (loss) for the period before taxes | 9903 | -€4,928 | -€29,246 | -€24,319 | -493.5% |
| Income taxes | 67/77 | €2,518 | €269 | -€2,249 | -89.3% |
| Profit (loss) for the period | 9904 | -€7,446 | -€29,516 | -€22,070 | -296.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,446 | -€29,516 | -€22,070 | -296.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.