Studio Salien: 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.
Studio Salien
Largest movements
- Current investments +€70,220
new in 2025: €70,220
- Receivables within one year -€7,385
down €7,385 (-53.1%), from €13,913 to €6,528
of which Trade receivables: -€4,271
- Cash +€2,261
up €2,261 (+2.0%), from €111,009 to €113,270
mainly Net result for the year (+€56,258) and Receivables within one year (+€7,385)
- Reserves +€56,258
up €56,258 (+58.9%), from €95,468 to €151,726
- Tax, wage and social debts +€7,000
up €7,000 (+24.0%), from €29,122 to €36,121
of which Taxes: +€6,983
- Gross operating margin +€18,161
up €18,161 (+30.4%), from €59,838 to €77,999
- Taxes +€7,079
up €7,079 (+57.1%), from €12,399 to €19,478
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 | €129,810 | €195,781 | +€65,970 | +50.8% |
| Fixed assets | 21/28 | €4,023 | €4,492 | +€469 | +11.7% |
| Tangible fixed assets | 22/27 | €4,023 | €4,492 | +€469 | +11.7% |
| Plant, machinery and equipment | 23 | €4,023 | €3,057 | -€966 | -24.0% |
| Furniture and vehicles | 24 | - | €1,436 | +€1,436 | |
| Current assets | 29/58 | €125,788 | €191,288 | +€65,501 | +52.1% |
| Amounts receivable within one year | 40/41 | €13,913 | €6,528 | -€7,385 | -53.1% |
| Trade receivables | 40 | €10,799 | €6,528 | -€4,271 | -39.6% |
| Other amounts receivable | 41 | €3,114 | €0 | -€3,114 | -100.0% |
| Current investments | 50/53 | - | €70,220 | +€70,220 | |
| Cash at bank and in hand | 54/58 | €111,009 | €113,270 | +€2,261 | +2.0% |
| Deferred charges and accrued income | 490/1 | €866 | €1,271 | +€405 | +46.8% |
| Total equity and liabilities | 10/49 | €129,810 | €195,781 | +€65,970 | +50.8% |
| Equity | 10/15 | €100,468 | €156,726 | +€56,258 | +56.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €95,468 | €151,726 | +€56,258 | +58.9% |
| Distributable reserves | 133 | €95,468 | €151,726 | +€56,258 | +58.9% |
| Amounts payable | 17/49 | €29,343 | €39,055 | +€9,712 | +33.1% |
| Amounts payable within one year | 42/48 | €29,343 | €39,055 | +€9,712 | +33.1% |
| Trade debts | 44 | €221 | €2,021 | +€1,800 | +813.4% |
| Suppliers | 440/4 | €221 | €2,021 | +€1,800 | +813.4% |
| Taxes, remuneration and social security | 45 | €29,122 | €36,121 | +€7,000 | +24.0% |
| Taxes | 450/3 | €27,028 | €34,011 | +€6,983 | +25.8% |
| Remuneration and social security | 454/9 | €2,093 | €2,111 | +€17 | +0.8% |
| Other amounts payable | 47/48 | €0 | €913 | +€913 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €721 | €976 | +€255 | +35.4% |
| Other operating charges | 640/8 | €321 | €814 | +€494 | +154.0% |
| Gross operating margin | 9900 | €59,838 | €77,999 | +€18,161 | +30.4% |
| Operating profit (loss) | 9901 | €58,796 | €76,209 | +€17,413 | +29.6% |
| Financial income | 75/76B | €414 | €149 | -€265 | -64.1% |
| Recurring financial income | 75 | €414 | €149 | -€265 | -64.1% |
| Financial charges | 65/66B | €286 | €621 | +€335 | +116.8% |
| Recurring financial charges | 65 | €286 | €621 | +€335 | +116.8% |
| Profit (loss) for the period before taxes | 9903 | €58,924 | €75,736 | +€16,813 | +28.5% |
| Income taxes | 67/77 | €12,399 | €19,478 | +€7,079 | +57.1% |
| Profit (loss) for the period | 9904 | €46,525 | €56,258 | +€9,733 | +20.9% |
| Profit (loss) for the period to be appropriated | 9905 | €46,525 | €56,258 | +€9,733 | +20.9% |
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 8 October 2026 via checked.be.