Cs Safety: 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.
Cs Safety
Largest movements
- Receivables within one year -€5,749
down €5,749 (-19.0%), from €30,239 to €24,490
of which Trade receivables: -€4,304
- Tangible fixed assets -€3,664
down €3,664 (-52.4%), from €6,992 to €3,328
- Cash +€2,450
up €2,450 (+1.9%), from €126,161 to €128,611
mainly Other debts (+€117,033) and Net result for the year (+€29,784)
- Reserves -€121,199
down €121,199 (-80.3%), from €150,983 to €29,784
- Other debts +€117,033
new in 2025: €117,033
- Tax, wage and social debts -€2,779
down €2,779 (-25.4%), from €10,947 to €8,168
- Gross operating margin +€13,335
up €13,335 (+43.3%), from €30,793 to €44,128
- Taxes +€2,111
up €2,111 (+34.7%), from €6,089 to €8,200
- Depreciation +€794
up €794 (+19.5%), from €4,077 to €4,871
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 | €164,880 | €157,804 | -€7,077 | -4.3% |
| Fixed assets | 21/28 | €6,992 | €3,328 | -€3,664 | -52.4% |
| Tangible fixed assets | 22/27 | €6,992 | €3,328 | -€3,664 | -52.4% |
| Furniture and vehicles | 24 | €6,992 | €3,328 | -€3,664 | -52.4% |
| Current assets | 29/58 | €157,889 | €154,476 | -€3,413 | -2.2% |
| Amounts receivable within one year | 40/41 | €30,239 | €24,490 | -€5,749 | -19.0% |
| Trade receivables | 40 | €13,994 | €9,690 | -€4,304 | -30.8% |
| Other amounts receivable | 41 | €16,245 | €14,800 | -€1,445 | -8.9% |
| Cash at bank and in hand | 54/58 | €126,161 | €128,611 | +€2,450 | +1.9% |
| Deferred charges and accrued income | 490/1 | €1,489 | €1,375 | -€114 | -7.6% |
| Total equity and liabilities | 10/49 | €164,880 | €157,804 | -€7,077 | -4.3% |
| Equity | 10/15 | €151,983 | €30,784 | -€121,199 | -79.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €150,983 | €29,784 | -€121,199 | -80.3% |
| Distributable reserves | 133 | €150,983 | €29,784 | -€121,199 | -80.3% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €12,898 | €127,020 | +€114,122 | +884.8% |
| Amounts payable within one year | 42/48 | €12,898 | €127,020 | +€114,122 | +884.8% |
| Trade debts | 44 | €1,951 | €1,818 | -€132 | -6.8% |
| Suppliers | 440/4 | €1,951 | €1,818 | -€132 | -6.8% |
| Taxes, remuneration and social security | 45 | €10,947 | €8,168 | -€2,779 | -25.4% |
| Taxes | 450/3 | €10,947 | €8,168 | -€2,779 | -25.4% |
| Other amounts payable | 47/48 | - | €117,033 | +€117,033 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,077 | €4,871 | +€794 | +19.5% |
| Other operating charges | 640/8 | €793 | €1,088 | +€294 | +37.1% |
| Gross operating margin | 9900 | €30,793 | €44,128 | +€13,335 | +43.3% |
| Operating profit (loss) | 9901 | €25,923 | €38,169 | +€12,247 | +47.2% |
| Financial income | 75/76B | €155 | €0 | -€155 | -100.0% |
| Recurring financial income | 75 | €155 | €0 | -€155 | -100.0% |
| Financial charges | 65/66B | €148 | €185 | +€37 | +25.4% |
| Recurring financial charges | 65 | €148 | €185 | +€37 | +25.4% |
| Profit (loss) for the period before taxes | 9903 | €25,930 | €37,984 | +€12,054 | +46.5% |
| Income taxes | 67/77 | €6,089 | €8,200 | +€2,111 | +34.7% |
| Profit (loss) for the period | 9904 | €19,841 | €29,784 | +€9,943 | +50.1% |
| Profit (loss) for the period to be appropriated | 9905 | €19,841 | €29,784 | +€9,943 | +50.1% |
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 8 October 2026 via checked.be.