Argentor Safe: 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.
Argentor Safe
Largest movements
- Cash +€46,611
up €46,611 (+110.6%), from €42,143 to €88,754
mainly Net result for the year (+€70,907) and Tax, wage and social debts (+€12,092)
- Receivables within one year +€40,184
up €40,184 (+156.3%), from €25,715 to €65,899
of which Trade receivables: +€40,184
- Reserves +€70,907
up €70,907 (+227.0%), from €31,243 to €102,150
- Tax, wage and social debts +€12,092
up €12,092 (+217.0%), from €5,572 to €17,665
- Trade debts +€3,796
up €3,796 (+364.0%), from €1,043 to €4,838
- Gross operating margin +€50,990
up €50,990 (+113.7%), from €44,854 to €95,843
- Taxes +€13,469
up €13,469 (+127.0%), from €10,603 to €24,073
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 | €67,859 | €154,653 | +€86,795 | +127.9% |
| Current assets | 29/58 | €67,859 | €154,653 | +€86,795 | +127.9% |
| Amounts receivable within one year | 40/41 | €25,715 | €65,899 | +€40,184 | +156.3% |
| Trade receivables | 40 | €25,715 | €65,899 | +€40,184 | +156.3% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €42,143 | €88,754 | +€46,611 | +110.6% |
| Total equity and liabilities | 10/49 | €67,859 | €154,653 | +€86,795 | +127.9% |
| Equity | 10/15 | €61,243 | €132,150 | +€70,907 | +115.8% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €31,243 | €102,150 | +€70,907 | +227.0% |
| Distributable reserves | 133 | €31,243 | €102,150 | +€70,907 | +227.0% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €6,615 | €22,503 | +€15,888 | +240.2% |
| Amounts payable within one year | 42/48 | €6,615 | €22,503 | +€15,888 | +240.2% |
| Trade debts | 44 | €1,043 | €4,838 | +€3,796 | +364.0% |
| Suppliers | 440/4 | €1,043 | €4,838 | +€3,796 | +364.0% |
| Taxes, remuneration and social security | 45 | €5,572 | €17,665 | +€12,092 | +217.0% |
| Taxes | 450/3 | €5,572 | €17,665 | +€12,092 | +217.0% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €44,854 | €95,843 | +€50,990 | +113.7% |
| Operating profit (loss) | 9901 | €44,348 | €95,324 | +€50,975 | +114.9% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €279 | €344 | +€66 | +23.5% |
| Recurring financial charges | 65 | €279 | €344 | +€66 | +23.5% |
| Profit (loss) for the period before taxes | 9903 | €44,070 | €94,979 | +€50,909 | +115.5% |
| Income taxes | 67/77 | €10,603 | €24,073 | +€13,469 | +127.0% |
| Profit (loss) for the period | 9904 | €33,467 | €70,907 | +€37,440 | +111.9% |
| Profit (loss) for the period to be appropriated | 9905 | €33,467 | €70,907 | +€37,440 | +111.9% |
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 5 October 2026 via checked.be.