2 Sign & Safe: 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.
2 Sign & Safe
Largest movements
- Current investments +€196,573
up €196,573 (+58.7%), from €334,784 to €531,357
- Receivables within one year -€85,773
down €85,773 (-29.7%), from €288,685 to €202,912
of which Trade receivables: -€71,663
- Cash +€25,187
up €25,187 (+80.1%), from €31,425 to €56,612
mainly Net result for the year (+€162,786) and Receivables within one year (+€85,773)
- Tangible fixed assets -€20,980
down €20,980 (-90.3%), from €23,238 to €2,258
- Stocks and contracts -€19,576
down €19,576 (-13.2%), from €148,408 to €128,832
- Reserves +€112,786
up €112,786 (+19.1%), from €590,744 to €703,530
of which Distributable reserves: +€112,786
- Accrued charges and deferred income -€31,995
down €31,995 (-86.5%), from €36,995 to €5,000
- Trade debts +€20,246
up €20,246 (+33.1%), from €61,103 to €81,349
- Other debts +€11,500
up €11,500 (+29.9%), from €38,500 to €50,000
- Financial income +€116,090
up €116,090 (+1,779%), from €6,526 to €122,616
- Taxes +€30,584
up €30,584, from -€20,261 to €10,323
- Gross operating margin +€26,172
up €26,172 (+10.0%), from €262,053 to €288,225
- Staff costs -€14,873
down €14,873 (-6.4%), from €233,413 to €218,540
- Write-downs +€8,291
new in 2025: €8,291
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 | €832,396 | €938,284 | +€105,888 | +12.7% |
| Fixed assets | 21/28 | €23,238 | €2,258 | -€20,980 | -90.3% |
| Tangible fixed assets | 22/27 | €23,238 | €2,258 | -€20,980 | -90.3% |
| Furniture and vehicles | 24 | €23,238 | €2,258 | -€20,980 | -90.3% |
| Current assets | 29/58 | €809,158 | €936,026 | +€126,869 | +15.7% |
| Stocks and contracts in progress | 3 | €148,408 | €128,832 | -€19,576 | -13.2% |
| Stocks | 30/36 | €148,408 | €128,832 | -€19,576 | -13.2% |
| Amounts receivable within one year | 40/41 | €288,685 | €202,912 | -€85,773 | -29.7% |
| Trade receivables | 40 | €250,190 | €178,527 | -€71,663 | -28.6% |
| Other amounts receivable | 41 | €38,495 | €24,385 | -€14,110 | -36.7% |
| Current investments | 50/53 | €334,784 | €531,357 | +€196,573 | +58.7% |
| Cash at bank and in hand | 54/58 | €31,425 | €56,612 | +€25,187 | +80.1% |
| Deferred charges and accrued income | 490/1 | €5,856 | €16,314 | +€10,457 | +179% |
| Total equity and liabilities | 10/49 | €832,396 | €938,284 | +€105,888 | +12.7% |
| Equity | 10/15 | €653,244 | €766,030 | +€112,786 | +17.3% |
| Contributions | 10/11 | €62,500 | €62,500 | = | 0.0% |
| Capital | 10 | €62,500 | €62,500 | = | 0.0% |
| Issued capital | 100 | €62,700 | €62,700 | = | 0.0% |
| Uncalled capital | 101 | €200 | €200 | = | 0.0% |
| Reserves | 13 | €590,744 | €703,530 | +€112,786 | +19.1% |
| Non-distributable reserves | 130/1 | €6,270 | €6,270 | = | 0.0% |
| Legal reserve | 130 | €6,270 | €6,270 | = | 0.0% |
| Distributable reserves | 133 | €584,474 | €697,260 | +€112,786 | +19.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €179,152 | €172,254 | -€6,898 | -3.9% |
| Amounts payable within one year | 42/48 | €142,157 | €167,254 | +€25,097 | +17.7% |
| Trade debts | 44 | €61,103 | €81,349 | +€20,246 | +33.1% |
| Suppliers | 440/4 | €61,103 | €81,349 | +€20,246 | +33.1% |
| Taxes, remuneration and social security | 45 | €42,554 | €35,905 | -€6,649 | -15.6% |
| Taxes | 450/3 | €14,143 | €15,742 | +€1,600 | +11.3% |
| Remuneration and social security | 454/9 | €28,412 | €20,163 | -€8,249 | -29.0% |
| Other amounts payable | 47/48 | €38,500 | €50,000 | +€11,500 | +29.9% |
| Accrued charges and deferred income | 492/3 | €36,995 | €5,000 | -€31,995 | -86.5% |
| Non-recurring operating income | 76A | - | €1,163 | +€1,163 | |
| Remuneration, social security and pensions | 62 | €233,413 | €218,540 | -€14,873 | -6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,352 | €5,911 | -€2,441 | -29.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €8,291 | +€8,291 | |
| Other operating charges | 640/8 | €3,144 | €1,261 | -€1,883 | -59.9% |
| Gross operating margin | 9900 | €262,053 | €288,225 | +€26,172 | +10.0% |
| Operating profit (loss) | 9901 | €17,145 | €54,223 | +€37,078 | +216% |
| Financial income | 75/76B | €6,526 | €122,616 | +€116,090 | +1,779% |
| Recurring financial income | 75 | €6,526 | €122,616 | +€116,090 | +1,779% |
| Financial charges | 65/66B | €3,011 | €3,730 | +€718 | +23.9% |
| Recurring financial charges | 65 | €3,011 | €3,730 | +€718 | +23.9% |
| Profit (loss) for the period before taxes | 9903 | €20,659 | €173,109 | +€152,450 | +738% |
| Income taxes | 67/77 | -€20,261 | €10,323 | +€30,584 | |
| Profit (loss) for the period | 9904 | €40,921 | €162,786 | +€121,865 | +298% |
| Profit (loss) for the period to be appropriated | 9905 | €40,921 | €162,786 | +€121,865 | +298% |
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 22 October 2026 via checked.be.