YA SALAM: 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.
YA SALAM
Largest movements
- Receivables within one year +€41,860
up €41,860 (+256%), from €16,359 to €58,219
of which Other amounts receivable: +€38,924
- Cash -€40,647
down €40,647 (-21.4%), from €189,862 to €149,215
mainly Receivables within one year (-€41,860) and Investment in fixed assets (net) (-€25,210)
- Trade debts -€9,276
down €9,276 (-23.5%), from €39,484 to €30,208
- Tax, wage and social debts +€8,502
up €8,502 (+68.3%), from €12,440 to €20,942
of which Remuneration and social security: +€8,610
- Reserves +€5,241
up €5,241 (+1.7%), from €303,532 to €308,772
- Gross operating margin -€90,307
down €90,307 (-46.1%), from €195,797 to €105,490
- Taxes -€37,956
down €37,956 (-92.5%), from €41,035 to €3,079
- Staff costs +€26,660
up €26,660 (+61.4%), from €43,439 to €70,099
- Depreciation +€3,744
up €3,744 (+18.8%), from €19,883 to €23,627
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 | €362,056 | €366,523 | +€4,466 | +1.2% |
| Fixed assets | 21/28 | €151,379 | €152,963 | +€1,584 | +1.0% |
| Tangible fixed assets | 22/27 | €147,549 | €149,133 | +€1,584 | +1.1% |
| Land and buildings | 22 | €140,463 | €133,044 | -€7,419 | -5.3% |
| Plant, machinery and equipment | 23 | €7,086 | €4,173 | -€2,913 | -41.1% |
| Furniture and vehicles | 24 | - | €11,915 | +€11,915 | |
| Financial fixed assets | 28 | €3,830 | €3,830 | = | 0.0% |
| Current assets | 29/58 | €210,677 | €213,560 | +€2,883 | +1.4% |
| Stocks and contracts in progress | 3 | €4,169 | €6,126 | +€1,957 | +46.9% |
| Stocks | 30/36 | €4,169 | €6,126 | +€1,957 | +46.9% |
| Amounts receivable within one year | 40/41 | €16,359 | €58,219 | +€41,860 | +256% |
| Trade receivables | 40 | €2,857 | €5,793 | +€2,936 | +103% |
| Other amounts receivable | 41 | €13,502 | €52,426 | +€38,924 | +288% |
| Cash at bank and in hand | 54/58 | €189,862 | €149,215 | -€40,647 | -21.4% |
| Deferred charges and accrued income | 490/1 | €287 | - | -€287 | |
| Total equity and liabilities | 10/49 | €362,056 | €366,523 | +€4,466 | +1.2% |
| Equity | 10/15 | €310,132 | €315,372 | +€5,241 | +1.7% |
| Contributions | 10/11 | €6,600 | €6,600 | = | 0.0% |
| Reserves | 13 | €303,532 | €308,772 | +€5,241 | +1.7% |
| Distributable reserves | 133 | €303,532 | €308,772 | +€5,241 | +1.7% |
| Amounts payable | 17/49 | €51,925 | €51,150 | -€774 | -1.5% |
| Amounts payable within one year | 42/48 | €51,925 | €51,150 | -€774 | -1.5% |
| Trade debts | 44 | €39,484 | €30,208 | -€9,276 | -23.5% |
| Suppliers | 440/4 | €39,484 | €30,208 | -€9,276 | -23.5% |
| Taxes, remuneration and social security | 45 | €12,440 | €20,942 | +€8,502 | +68.3% |
| Taxes | 450/3 | €6,159 | €6,050 | -€109 | -1.8% |
| Remuneration and social security | 454/9 | €6,281 | €14,892 | +€8,610 | +137% |
| Remuneration, social security and pensions | 62 | €43,439 | €70,099 | +€26,660 | +61.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,883 | €23,627 | +€3,744 | +18.8% |
| Other operating charges | 640/8 | €3,447 | €2,591 | -€856 | -24.8% |
| Gross operating margin | 9900 | €195,797 | €105,490 | -€90,307 | -46.1% |
| Operating profit (loss) | 9901 | €129,029 | €9,174 | -€119,855 | -92.9% |
| Financial income | 75/76B | €1,331 | €522 | -€809 | -60.8% |
| Recurring financial income | 75 | €1,331 | €522 | -€809 | -60.8% |
| Financial charges | 65/66B | €1,533 | €1,376 | -€157 | -10.2% |
| Recurring financial charges | 65 | €1,533 | €1,376 | -€157 | -10.2% |
| Profit (loss) for the period before taxes | 9903 | €128,827 | €8,320 | -€120,507 | -93.5% |
| Income taxes | 67/77 | €41,035 | €3,079 | -€37,956 | -92.5% |
| Profit (loss) for the period | 9904 | €87,792 | €5,241 | -€82,551 | -94.0% |
| Profit (loss) for the period to be appropriated | 9905 | €87,792 | €5,241 | -€82,551 | -94.0% |
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 30 October 2026 via checked.be.