SALZ: 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.
SALZ
Largest movements
- Stocks and contracts +€556,706
new in 2025: €556,706
- Receivables within one year +€85,000
up €85,000 (+614.6%), from €13,830 to €98,830
of which Trade receivables: +€85,000
- Tangible fixed assets -€28,585
down €28,585 (-69.8%), from €40,953 to €12,368
- Reserves +€304,223
up €304,223 (+704.0%), from €43,215 to €347,438
of which Tax-exempt reserves: +€310,166
- Other debts +€211,000
up €211,000 (+3534.4%), from €5,970 to €216,970
- Provisions +€103,389
new in 2025: €103,389
- Gross operating margin +€409,813
up €409,813, from -€257 to €409,556
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 | €55,950 | €674,079 | +€618,129 | +1104.8% |
| Fixed assets | 21/28 | €40,953 | €12,368 | -€28,585 | -69.8% |
| Tangible fixed assets | 22/27 | €40,953 | €12,368 | -€28,585 | -69.8% |
| Land and buildings | 22 | €40,953 | €12,368 | -€28,585 | -69.8% |
| Current assets | 29/58 | €14,997 | €661,711 | +€646,714 | +4312.3% |
| Stocks and contracts in progress | 3 | - | €556,706 | +€556,706 | |
| Stocks | 30/36 | - | €556,706 | +€556,706 | |
| Amounts receivable within one year | 40/41 | €13,830 | €98,830 | +€85,000 | +614.6% |
| Trade receivables | 40 | - | €85,000 | +€85,000 | |
| Other amounts receivable | 41 | €13,830 | €13,830 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,167 | €6,175 | +€5,008 | +429.0% |
| Total equity and liabilities | 10/49 | €55,950 | €674,079 | +€618,129 | +1104.8% |
| Equity | 10/15 | €49,417 | €353,640 | +€304,223 | +615.6% |
| Contributions | 10/11 | €6,202 | €6,202 | = | 0.0% |
| Reserves | 13 | €43,215 | €347,438 | +€304,223 | +704.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €310,166 | +€310,166 | |
| Distributable reserves | 133 | €41,355 | €35,412 | -€5,943 | -14.4% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Provisions and deferred taxes | 16 | - | €103,389 | +€103,389 | |
| Deferred taxes | 168 | - | €103,389 | +€103,389 | |
| Amounts payable | 17/49 | €6,533 | €217,050 | +€210,517 | +3222.4% |
| Amounts payable within one year | 42/48 | €6,533 | €217,050 | +€210,517 | +3222.4% |
| Trade debts | 44 | €563 | €80 | -€483 | -85.8% |
| Suppliers | 440/4 | €563 | €80 | -€483 | -85.8% |
| Other amounts payable | 47/48 | €5,970 | €216,970 | +€211,000 | +3534.4% |
| Non-recurring operating income | 76A | - | €413,555 | +€413,555 | |
| Other operating charges | 640/8 | €422 | €1,869 | +€1,447 | +343.3% |
| Gross operating margin | 9900 | -€257 | €409,556 | +€409,813 | |
| Operating profit (loss) | 9901 | -€678 | €407,687 | +€408,365 | |
| Financial income | 75/76B | €826 | €0 | -€826 | -100.0% |
| Recurring financial income | 75 | €826 | €0 | -€826 | -100.0% |
| Financial charges | 65/66B | €29 | €75 | +€47 | +163.7% |
| Recurring financial charges | 65 | €29 | €75 | +€47 | +163.7% |
| Profit (loss) for the period before taxes | 9903 | €119 | €407,612 | +€407,493 | +342978.7% |
| Transfer to deferred taxes | 680 | - | €103,389 | +€103,389 | |
| Profit (loss) for the period | 9904 | €119 | €304,223 | +€304,104 | +255958.5% |
| Transfer to tax-exempt reserves | 689 | - | €310,166 | +€310,166 | |
| Profit (loss) for the period to be appropriated | 9905 | €119 | -€5,943 | -€6,062 |
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.