CONTRACTOR SAFETY MANAGEMENT: what changed
CONTRACTOR SAFETY MANAGEMENT
Largest movements
- Financial fixed assets +€377,907
up €377,907 (+235%), from €161,138 to €539,044
- Cash -€248,267
down €248,267 (-82.0%), from €302,898 to €54,631
mainly Investment in fixed assets (net) (-€377,907) and Accrued charges and deferred income (-€170,836)
- Receivables within one year +€41,814
up €41,814 (+7.9%), from €531,929 to €573,743
of which Trade receivables: +€77,074
- Profit (loss) carried forward +€270,203
up €270,203 (+44.8%), from €602,935 to €873,138
- Accrued charges and deferred income -€170,836
down €170,836 (-83.9%), from €203,705 to €32,868
- Debts within one year +€69,932
up €69,932 (+36.4%), from €192,319 to €262,251
of which Tax, wage and social debts: +€107,855
- Gross operating margin +€302,223
up €302,223 (+240%), from €125,979 to €428,202
- Taxes +€79,285
up €79,285 (+257%), from €30,868 to €110,153
- Staff costs +€10,562
up €10,562 (+29.0%), from €36,379 to €46,942
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €998,958 | €1,168,257 | +€169,299 | +16.9% |
| Fixed assets | 21/28 | €161,138 | €539,044 | +€377,907 | +235% |
| Financial fixed assets | 28 | €161,138 | €539,044 | +€377,907 | +235% |
| Current assets | 29/58 | €837,820 | €629,213 | -€208,608 | -24.9% |
| Amounts receivable within one year | 40/41 | €531,929 | €573,743 | +€41,814 | +7.9% |
| Trade receivables | 40 | €415,657 | €492,732 | +€77,074 | +18.5% |
| Other amounts receivable | 41 | €116,271 | €81,011 | -€35,261 | -30.3% |
| Current investments | 50/53 | €836 | €839 | +€3 | +0.4% |
| Cash at bank and in hand | 54/58 | €302,898 | €54,631 | -€248,267 | -82.0% |
| Deferred charges and accrued income | 490/1 | €2,157 | - | -€2,157 | |
| Total equity and liabilities | 10/49 | €998,958 | €1,168,257 | +€169,299 | +16.9% |
| Equity | 10/15 | €602,935 | €873,138 | +€270,203 | +44.8% |
| Profit (loss) carried forward | 14 | €602,935 | €873,138 | +€270,203 | +44.8% |
| Amounts payable | 17/49 | €396,023 | €295,119 | -€100,904 | -25.5% |
| Amounts payable within one year | 42/48 | €192,319 | €262,251 | +€69,932 | +36.4% |
| Trade debts | 44 | €122,599 | €86,503 | -€36,096 | -29.4% |
| Suppliers | 440/4 | €122,599 | €86,503 | -€36,096 | -29.4% |
| Taxes, remuneration and social security | 45 | €50,228 | €158,082 | +€107,855 | +215% |
| Taxes | 450/3 | €46,771 | €155,102 | +€108,331 | +232% |
| Remuneration and social security | 454/9 | €3,456 | €2,980 | -€477 | -13.8% |
| Accrued charges and deferred income | 492/3 | €203,705 | €32,868 | -€170,836 | -83.9% |
| Remuneration, social security and pensions | 62 | €36,379 | €46,942 | +€10,562 | +29.0% |
| Other operating charges | 640/8 | €1,525 | €485 | -€1,040 | -68.2% |
| Non-recurring operating charges | 66A | -€8,771 | - | +€8,771 | |
| Gross operating margin | 9900 | €125,979 | €428,202 | +€302,223 | +240% |
| Operating profit (loss) | 9901 | €96,846 | €380,775 | +€283,929 | +293% |
| Financial income | 75/76B | €228 | €77 | -€151 | -66.2% |
| Recurring financial income | 75 | €228 | €77 | -€151 | -66.2% |
| Financial charges | 65/66B | €2,333 | €497 | -€1,836 | -78.7% |
| Recurring financial charges | 65 | €2,333 | €497 | -€1,836 | -78.7% |
| Profit (loss) for the period before taxes | 9903 | €94,741 | €380,356 | +€285,615 | +301% |
| Income taxes | 67/77 | €30,868 | €110,153 | +€79,285 | +257% |
| Profit (loss) for the period | 9904 | €63,873 | €270,203 | +€206,330 | +323% |
| Profit (loss) for the period to be appropriated | 9905 | €63,873 | €270,203 | +€206,330 | +323% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.