AL SAFA: 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.
AL SAFA
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Profit (loss) carried forward -€2,050
down €2,050 (-1.9%), from -€106,917 to -€108,967
- Tax, wage and social debts +€1,445
new in 2025: €1,445
- Debts after one year +€605
up €605 (+1.2%), from €50,260 to €50,865
- Depreciation -€8,500
no longer reported in 2025 (was €8,500)
- Gross operating margin +€437
up €437 (+41.9%), from -€1,042 to -€605
- Other operating charges +€15
up €15 (+1.1%), from €1,430 to €1,445
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €42,500 | €42,500 | = | 0.0% |
| Fixed assets | 21/28 | €42,500 | €42,500 | = | 0.0% |
| Tangible fixed assets | 22/27 | €42,500 | €42,500 | = | 0.0% |
| Land and buildings | 22 | €42,500 | €42,500 | = | 0.0% |
| Total equity and liabilities | 10/49 | €42,500 | €42,500 | = | 0.0% |
| Equity | 10/15 | -€7,760 | -€9,810 | -€2,050 | -26.4% |
| Contributions | 10/11 | €99,157 | €99,157 | = | 0.0% |
| Capital | 10 | €99,157 | €99,157 | = | 0.0% |
| Issued capital | 100 | €99,157 | €99,157 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€106,917 | -€108,967 | -€2,050 | -1.9% |
| Amounts payable | 17/49 | €50,260 | €52,310 | +€2,050 | +4.1% |
| Amounts payable after more than one year | 17 | €50,260 | €50,865 | +€605 | +1.2% |
| Other amounts payable | 178/9 | €50,260 | €50,865 | +€605 | +1.2% |
| Amounts payable within one year | 42/48 | - | €1,445 | +€1,445 | |
| Taxes, remuneration and social security | 45 | - | €1,445 | +€1,445 | |
| Taxes | 450/3 | - | €1,445 | +€1,445 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,500 | - | -€8,500 | |
| Other operating charges | 640/8 | €1,430 | €1,445 | +€15 | +1.1% |
| Gross operating margin | 9900 | -€1,042 | -€605 | +€437 | +41.9% |
| Operating profit (loss) | 9901 | -€10,972 | -€2,050 | +€8,922 | +81.3% |
| Profit (loss) for the period before taxes | 9903 | -€10,972 | -€2,050 | +€8,922 | +81.3% |
| Profit (loss) for the period | 9904 | -€10,972 | -€2,050 | +€8,922 | +81.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,972 | -€2,050 | +€8,922 | +81.3% |
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 2 October 2026 via checked.be.