SH Salon: 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.
SH Salon
Largest movements
- Tangible fixed assets +€140,787
new in 2025: €140,787
- Receivables within one year +€109,143
up €109,143 (+1,378%), from €7,919 to €117,062
of which Trade receivables: +€110,932
- Cash -€6,760
down €6,760 (-37.4%), from €18,094 to €11,333
mainly Investment in fixed assets (net) (-€141,759) and Receivables within one year (-€109,143)
- Intangible fixed assets -€5,933
down €5,933 (-30.3%), from €19,594 to €13,661
- Debts after one year +€145,636
up €145,636 (+9,344%), from €1,559 to €147,194
- Trade debts +€96,044
up €96,044 (+3,918%), from €2,451 to €98,495
- Profit (loss) carried forward -€21,619
down €21,619 (-78.9%), from €27,417 to €5,798
- Other debts +€15,085
new in 2025: €15,085
- Tax, wage and social debts +€4,596
up €4,596 (+62.7%), from €7,332 to €11,928
of which Remuneration and social security: +€2,741
- Other operating charges +€16,037
up €16,037 (+3,023%), from €531 to €16,567
- Gross operating margin -€13,705
down €13,705 (-31.9%), from €42,904 to €29,199
- Financial charges +€2,952
up €2,952 (+451%), from €655 to €3,607
- Depreciation -€868
down €868 (-11.2%), from €7,773 to €6,905
- Staff costs +€634
up €634 (+2.8%), from €22,672 to €23,306
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €48,522 | €286,769 | +€238,246 | +491% |
| Fixed assets | 21/28 | €19,769 | €154,623 | +€134,854 | +682% |
| Intangible fixed assets | 21 | €19,594 | €13,661 | -€5,933 | -30.3% |
| Tangible fixed assets | 22/27 | - | €140,787 | +€140,787 | |
| Land and buildings | 22 | - | €140,787 | +€140,787 | |
| Financial fixed assets | 28 | €175 | €175 | = | 0.0% |
| Current assets | 29/58 | €28,753 | €132,145 | +€103,392 | +360% |
| Stocks and contracts in progress | 3 | €2,586 | €2,884 | +€298 | +11.5% |
| Stocks | 30/36 | €2,586 | €2,884 | +€298 | +11.5% |
| Amounts receivable within one year | 40/41 | €7,919 | €117,062 | +€109,143 | +1,378% |
| Trade receivables | 40 | €6,130 | €117,062 | +€110,932 | +1,810% |
| Other amounts receivable | 41 | €1,788 | - | -€1,788 | |
| Cash at bank and in hand | 54/58 | €18,094 | €11,333 | -€6,760 | -37.4% |
| Deferred charges and accrued income | 490/1 | €154 | €866 | +€712 | +461% |
| Total equity and liabilities | 10/49 | €48,522 | €286,769 | +€238,246 | +491% |
| Equity | 10/15 | €34,126 | €12,507 | -€21,619 | -63.3% |
| Contributions | 10/11 | €6,207 | €6,207 | = | 0.0% |
| Reserves | 13 | €502 | €502 | = | 0.0% |
| Distributable reserves | 133 | €502 | €502 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,417 | €5,798 | -€21,619 | -78.9% |
| Amounts payable | 17/49 | €14,396 | €274,261 | +€259,865 | +1,805% |
| Amounts payable after more than one year | 17 | €1,559 | €147,194 | +€145,636 | +9,344% |
| Financial debts | 170/4 | €1,559 | €147,194 | +€145,636 | +9,344% |
| Amounts payable within one year | 42/48 | €12,837 | €127,067 | +€114,230 | +890% |
| Current portion of amounts payable after more than one year | 42 | €3,054 | €1,559 | -€1,496 | -49.0% |
| Trade debts | 44 | €2,451 | €98,495 | +€96,044 | +3,918% |
| Suppliers | 440/4 | €2,451 | €98,495 | +€96,044 | +3,918% |
| Taxes, remuneration and social security | 45 | €7,332 | €11,928 | +€4,596 | +62.7% |
| Taxes | 450/3 | €5,594 | €7,449 | +€1,855 | +33.2% |
| Remuneration and social security | 454/9 | €1,737 | €4,479 | +€2,741 | +158% |
| Other amounts payable | 47/48 | - | €15,085 | +€15,085 | |
| Remuneration, social security and pensions | 62 | €22,672 | €23,306 | +€634 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,773 | €6,905 | -€868 | -11.2% |
| Other operating charges | 640/8 | €531 | €16,567 | +€16,037 | +3,023% |
| Gross operating margin | 9900 | €42,904 | €29,199 | -€13,705 | -31.9% |
| Operating profit (loss) | 9901 | €11,929 | -€17,579 | -€29,508 | |
| Financial income | 75/76B | €30 | €40 | +€10 | +34.2% |
| Recurring financial income | 75 | €30 | €40 | +€10 | +34.2% |
| Financial charges | 65/66B | €655 | €3,607 | +€2,952 | +451% |
| Recurring financial charges | 65 | €655 | €3,607 | +€2,952 | +451% |
| Profit (loss) for the period before taxes | 9903 | €11,304 | -€21,146 | -€32,450 | |
| Income taxes | 67/77 | €219 | €473 | +€254 | +116% |
| Profit (loss) for the period | 9904 | €11,085 | -€21,619 | -€32,704 | |
| Profit (loss) for the period to be appropriated | 9905 | €11,085 | -€21,619 | -€32,704 |
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 23 October 2026 via checked.be.