BELGIAN FIRE SAFETY: 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.
BELGIAN FIRE SAFETY
Largest movements
- Cash +€777,248
up €777,248 (+114%), from €679,074 to €1.5m
mainly Receivables within one year (+€324,838) and Net result for the year (+€323,637)
- Receivables within one year -€324,838
down €324,838 (-42.2%), from €770,336 to €445,498
of which Trade receivables: -€324,838
- Tangible fixed assets -€54,530
down €54,530 (-25.5%), from €214,128 to €159,598
of which Furniture and vehicles: -€53,959
- Stocks and contracts -€36,777
down €36,777 (-27.0%), from €136,100 to €99,323
- Reserves +€323,637
up €323,637 (+17,400%), from €1,860 to €325,497
of which Distributable reserves: +€323,637
- Accrued charges and deferred income +€45,757
up €45,757 (+453%), from €10,090 to €55,847
- Trade debts -€37,548
down €37,548 (-2.6%), from €1.4m to €1.4m
- Tax, wage and social debts +€27,725
new in 2025: €27,725
- Gross operating margin +€430,726
up €430,726 (+296%), from €145,584 to €576,310
- Taxes +€89,650
up €89,650 (+205%), from €43,772 to €133,421
- Other operating charges +€61,771
up €61,771 (+388%), from €15,933 to €77,703
- Financial income -€22,608
down €22,608 (-45.9%), from €49,304 to €26,695
- Financial charges -€7,870
down €7,870 (-62.3%), from €12,640 to €4,770
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 | €1,880,437 | €2,238,102 | +€357,665 | +19.0% |
| Fixed assets | 21/28 | €220,718 | €166,188 | -€54,530 | -24.7% |
| Tangible fixed assets | 22/27 | €214,128 | €159,598 | -€54,530 | -25.5% |
| Plant, machinery and equipment | 23 | €32,869 | €32,298 | -€571 | -1.7% |
| Furniture and vehicles | 24 | €181,259 | €127,300 | -€53,959 | -29.8% |
| Financial fixed assets | 28 | €6,590 | €6,590 | = | 0.0% |
| Current assets | 29/58 | €1,659,719 | €2,071,914 | +€412,195 | +24.8% |
| Amounts receivable after more than one year | 29 | €3,438 | - | -€3,438 | |
| Other amounts receivable | 291 | €3,438 | - | -€3,438 | |
| Stocks and contracts in progress | 3 | €136,100 | €99,323 | -€36,777 | -27.0% |
| Stocks | 30/36 | €136,100 | €99,323 | -€36,777 | -27.0% |
| Amounts receivable within one year | 40/41 | €770,336 | €445,498 | -€324,838 | -42.2% |
| Trade receivables | 40 | €590,336 | €265,498 | -€324,838 | -55.0% |
| Other amounts receivable | 41 | €180,000 | €180,000 | = | 0.0% |
| Current investments | 50/53 | €70,770 | €70,770 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €679,074 | €1,456,322 | +€777,248 | +114% |
| Total equity and liabilities | 10/49 | €1,880,437 | €2,238,102 | +€357,665 | +19.0% |
| Equity | 10/15 | €316,267 | €639,903 | +€323,637 | +102% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €325,497 | +€323,637 | +17,400% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | - | €323,637 | +€323,637 | |
| Profit (loss) carried forward | 14 | €295,807 | €295,807 | = | 0.0% |
| Amounts payable | 17/49 | €1,564,170 | €1,598,199 | +€34,029 | +2.2% |
| Amounts payable within one year | 42/48 | €1,554,080 | €1,542,352 | -€11,728 | -0.8% |
| Trade debts | 44 | €1,442,455 | €1,404,907 | -€37,548 | -2.6% |
| Suppliers | 440/4 | €1,442,455 | €1,404,907 | -€37,548 | -2.6% |
| Taxes, remuneration and social security | 45 | - | €27,725 | +€27,725 | |
| Taxes | 450/3 | - | €27,725 | +€27,725 | |
| Other amounts payable | 47/48 | €111,625 | €109,720 | -€1,905 | -1.7% |
| Accrued charges and deferred income | 492/3 | €10,090 | €55,847 | +€45,757 | +453% |
| Remuneration, social security and pensions | 62 | - | €2,257 | +€2,257 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,597 | €61,217 | +€2,620 | +4.5% |
| Other operating charges | 640/8 | €15,933 | €77,703 | +€61,771 | +388% |
| Non-recurring operating charges | 66A | €4,836 | - | -€4,836 | |
| Gross operating margin | 9900 | €145,584 | €576,310 | +€430,726 | +296% |
| Operating profit (loss) | 9901 | €66,218 | €435,132 | +€368,915 | +557% |
| Financial income | 75/76B | €49,304 | €26,695 | -€22,608 | -45.9% |
| Recurring financial income | 75 | €49,304 | €26,695 | -€22,608 | -45.9% |
| Financial charges | 65/66B | €12,640 | €4,770 | -€7,870 | -62.3% |
| Recurring financial charges | 65 | €12,640 | €4,770 | -€7,870 | -62.3% |
| Profit (loss) for the period before taxes | 9903 | €102,882 | €457,058 | +€354,176 | +344% |
| Income taxes | 67/77 | €43,772 | €133,421 | +€89,650 | +205% |
| Profit (loss) for the period | 9904 | €59,110 | €323,637 | +€264,526 | +448% |
| Profit (loss) for the period to be appropriated | 9905 | €59,110 | €323,637 | +€264,526 | +448% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.