Failsafe Group: 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.
Failsafe Group
Largest movements
- Financial fixed assets +€160,969
up €160,969 (+13.2%), from €1.2m to €1.4m
- Intangible fixed assets +€96,070
new in 2025: €96,070
- Cash -€35,215
down €35,215 (-86.9%), from €40,525 to €5,310
mainly Investment in fixed assets (net) (-€281,056) and Net result for the year (-€45,686)
- Other debts +€255,256
up €255,256 (+222.5%), from €114,744 to €370,000
- Profit (loss) carried forward -€45,686
down €45,686, from €9,201 to -€36,485
- Tax, wage and social debts +€19,095
new in 2025: €19,095
of which Remuneration and social security: +€12,303
- Staff costs +€104,124
new in 2025: €104,124
- Gross operating margin +€42,149
up €42,149 (+67.3%), from €62,617 to €104,766
- Depreciation +€24,017
new in 2025: €24,017
- Taxes -€7,905
down €7,905 (-54.2%), from €14,575 to €6,670
- Financial charges +€6,000
up €6,000 (+351.2%), from €1,709 to €7,709
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 | €1,283,945 | €1,513,683 | +€229,738 | +17.9% |
| Fixed assets | 21/28 | €1,216,664 | €1,473,703 | +€257,039 | +21.1% |
| Intangible fixed assets | 21 | - | €96,070 | +€96,070 | |
| Financial fixed assets | 28 | €1,216,664 | €1,377,633 | +€160,969 | +13.2% |
| Current assets | 29/58 | €67,281 | €39,980 | -€27,301 | -40.6% |
| Amounts receivable within one year | 40/41 | €26,757 | €34,670 | +€7,913 | +29.6% |
| Trade receivables | 40 | €542 | €11,386 | +€10,844 | +2001.9% |
| Other amounts receivable | 41 | €26,215 | €23,284 | -€2,931 | -11.2% |
| Cash at bank and in hand | 54/58 | €40,525 | €5,310 | -€35,215 | -86.9% |
| Total equity and liabilities | 10/49 | €1,283,945 | €1,513,683 | +€229,738 | +17.9% |
| Equity | 10/15 | €1,159,201 | €1,113,515 | -€45,686 | -3.9% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €1,100,000 | €1,100,000 | = | 0.0% |
| Distributable reserves | 133 | €1,100,000 | €1,100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,201 | -€36,485 | -€45,686 | |
| Amounts payable | 17/49 | €124,744 | €400,168 | +€275,424 | +220.8% |
| Amounts payable within one year | 42/48 | €124,744 | €395,288 | +€270,544 | +216.9% |
| Financial debts | 43 | €10,000 | - | -€10,000 | |
| Credit institutions | 430/8 | €10,000 | - | -€10,000 | |
| Trade debts | 44 | - | €6,193 | +€6,193 | |
| Suppliers | 440/4 | - | €6,193 | +€6,193 | |
| Taxes, remuneration and social security | 45 | - | €19,095 | +€19,095 | |
| Taxes | 450/3 | - | €6,792 | +€6,792 | |
| Remuneration and social security | 454/9 | - | €12,303 | +€12,303 | |
| Other amounts payable | 47/48 | €114,744 | €370,000 | +€255,256 | +222.5% |
| Accrued charges and deferred income | 492/3 | - | €4,880 | +€4,880 | |
| Non-recurring operating income | 76A | €1,026 | - | -€1,026 | |
| Remuneration, social security and pensions | 62 | - | €104,124 | +€104,124 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €24,017 | +€24,017 | |
| Other operating charges | 640/8 | €3,841 | €3,700 | -€141 | -3.7% |
| Non-recurring operating charges | 66A | €2,694 | €4,600 | +€1,906 | +70.7% |
| Gross operating margin | 9900 | €62,617 | €104,766 | +€42,149 | +67.3% |
| Operating profit (loss) | 9901 | €56,082 | -€31,675 | -€87,757 | |
| Financial income | 75/76B | €47 | €368 | +€321 | +689.7% |
| Recurring financial income | 75 | €47 | €368 | +€321 | +689.7% |
| Financial charges | 65/66B | €1,709 | €7,709 | +€6,000 | +351.2% |
| Recurring financial charges | 65 | €1,709 | €7,709 | +€6,000 | +351.2% |
| Profit (loss) for the period before taxes | 9903 | €54,420 | -€39,016 | -€93,436 | |
| Income taxes | 67/77 | €14,575 | €6,670 | -€7,905 | -54.2% |
| Profit (loss) for the period | 9904 | €39,845 | -€45,686 | -€85,531 | |
| Profit (loss) for the period to be appropriated | 9905 | €39,845 | -€45,686 | -€85,531 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.