Salcon: 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.
Salcon
Largest movements
- Cash +€68,840
up €68,840 (+64.4%), from €106,890 to €175,730
mainly Net result for the year (+€111,744) and Tax, wage and social debts (+€13,965)
- Receivables within one year +€28,146
up €28,146 (+147%), from €19,153 to €47,299
of which Trade receivables: +€24,893
- Tangible fixed assets +€27,599
up €27,599 (+234%), from €11,795 to €39,394
of which Furniture and vehicles: +€28,788
- Reserves +€111,744
up €111,744 (+104%), from €107,937 to €219,682
- Tax, wage and social debts +€13,965
up €13,965 (+51.7%), from €26,999 to €40,965
- Gross operating margin +€71,872
up €71,872 (+88.8%), from €80,902 to €152,774
- Taxes +€15,674
up €15,674 (+92.8%), from €16,881 to €32,555
- Depreciation +€7,420
up €7,420 (+875%), from €848 to €8,268
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 | €139,235 | €263,820 | +€124,585 | +89.5% |
| Fixed assets | 21/28 | €12,170 | €39,769 | +€27,599 | +227% |
| Tangible fixed assets | 22/27 | €11,795 | €39,394 | +€27,599 | +234% |
| Plant, machinery and equipment | 23 | €11,036 | €9,847 | -€1,189 | -10.8% |
| Furniture and vehicles | 24 | €759 | €29,547 | +€28,788 | +3,792% |
| Financial fixed assets | 28 | €375 | €375 | = | 0.0% |
| Current assets | 29/58 | €127,065 | €224,051 | +€96,986 | +76.3% |
| Amounts receivable within one year | 40/41 | €19,153 | €47,299 | +€28,146 | +147% |
| Trade receivables | 40 | €18,731 | €43,624 | +€24,893 | +133% |
| Other amounts receivable | 41 | €422 | €3,675 | +€3,253 | +771% |
| Cash at bank and in hand | 54/58 | €106,890 | €175,730 | +€68,840 | +64.4% |
| Deferred charges and accrued income | 490/1 | €1,022 | €1,022 | = | 0.0% |
| Total equity and liabilities | 10/49 | €139,235 | €263,820 | +€124,585 | +89.5% |
| Equity | 10/15 | €110,937 | €222,682 | +€111,744 | +101% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €107,937 | €219,682 | +€111,744 | +104% |
| Distributable reserves | 133 | €107,937 | €219,682 | +€111,744 | +104% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €28,298 | €41,139 | +€12,841 | +45.4% |
| Amounts payable within one year | 42/48 | €28,298 | €41,139 | +€12,841 | +45.4% |
| Trade debts | 44 | €132 | €174 | +€42 | +31.9% |
| Suppliers | 440/4 | €132 | €174 | +€42 | +31.9% |
| Taxes, remuneration and social security | 45 | €26,999 | €40,965 | +€13,965 | +51.7% |
| Taxes | 450/3 | €26,999 | €40,965 | +€13,965 | +51.7% |
| Other amounts payable | 47/48 | €1,166 | €0 | -€1,166 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €848 | €8,268 | +€7,420 | +875% |
| Other operating charges | 640/8 | - | €120 | +€120 | |
| Gross operating margin | 9900 | €80,902 | €152,774 | +€71,872 | +88.8% |
| Operating profit (loss) | 9901 | €80,054 | €144,386 | +€64,331 | +80.4% |
| Financial charges | 65/66B | €1,231 | €86 | -€1,145 | -93.0% |
| Recurring financial charges | 65 | €1,231 | €86 | -€1,145 | -93.0% |
| Profit (loss) for the period before taxes | 9903 | €78,823 | €144,299 | +€65,476 | +83.1% |
| Income taxes | 67/77 | €16,881 | €32,555 | +€15,674 | +92.8% |
| Profit (loss) for the period | 9904 | €61,942 | €111,744 | +€49,802 | +80.4% |
| Profit (loss) for the period to be appropriated | 9905 | €61,942 | €111,744 | +€49,802 | +80.4% |
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 20 October 2026 via checked.be.