I-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.
I-SAFETY
Largest movements
- Receivables within one year -€21,723
down €21,723 (-44.8%), from €48,439 to €26,716
of which Trade receivables: -€19,857
- Cash -€1,180
down €1,180 (-17.8%), from €6,632 to €5,452
mainly Net result for the year (-€16,563) and Debts after one year (-€4,276)
- Profit (loss) carried forward -€16,563
down €16,563 (-45.0%), from €36,801 to €20,238
- Debts after one year -€4,276
down €4,276 (-69.9%), from €6,115 to €1,839
- Trade debts -€2,040
down €2,040 (-63.0%), from €3,238 to €1,198
- Tax, wage and social debts -€1,468
down €1,468 (-15.0%), from €9,770 to €8,302
of which Taxes: -€1,708
- Gross operating margin -€35,326
down €35,326, from €23,604 to -€11,722
- Taxes -€4,883
down €4,883 (-96.5%), from €5,061 to €177
- Depreciation +€1,335
up €1,335 (+142%), from €942 to €2,277
- Financial charges +€643
up €643 (+31.1%), from €2,069 to €2,712
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 | €63,010 | €39,018 | -€23,993 | -38.1% |
| Fixed assets | 21/28 | €7,404 | €6,849 | -€555 | -7.5% |
| Tangible fixed assets | 22/27 | €7,350 | €6,795 | -€555 | -7.5% |
| Plant, machinery and equipment | 23 | - | €1,279 | +€1,279 | |
| Other tangible fixed assets | 26 | €7,350 | €5,516 | -€1,833 | -24.9% |
| Financial fixed assets | 28 | €54 | €54 | = | 0.0% |
| Current assets | 29/58 | €55,607 | €32,168 | -€23,438 | -42.2% |
| Amounts receivable within one year | 40/41 | €48,439 | €26,716 | -€21,723 | -44.8% |
| Trade receivables | 40 | €31,271 | €11,415 | -€19,857 | -63.5% |
| Other amounts receivable | 41 | €17,168 | €15,301 | -€1,866 | -10.9% |
| Cash at bank and in hand | 54/58 | €6,632 | €5,452 | -€1,180 | -17.8% |
| Deferred charges and accrued income | 490/1 | €535 | - | -€535 | |
| Total equity and liabilities | 10/49 | €63,010 | €39,018 | -€23,993 | -38.1% |
| Equity | 10/15 | €39,801 | €23,238 | -€16,563 | -41.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €36,801 | €20,238 | -€16,563 | -45.0% |
| Amounts payable | 17/49 | €23,209 | €15,779 | -€7,430 | -32.0% |
| Amounts payable after more than one year | 17 | €6,115 | €1,839 | -€4,276 | -69.9% |
| Financial debts | 170/4 | €6,115 | €1,839 | -€4,276 | -69.9% |
| Amounts payable within one year | 42/48 | €17,094 | €13,775 | -€3,319 | -19.4% |
| Current portion of amounts payable after more than one year | 42 | €4,086 | €4,276 | +€190 | +4.6% |
| Trade debts | 44 | €3,238 | €1,198 | -€2,040 | -63.0% |
| Suppliers | 440/4 | €3,238 | €1,198 | -€2,040 | -63.0% |
| Taxes, remuneration and social security | 45 | €9,770 | €8,302 | -€1,468 | -15.0% |
| Taxes | 450/3 | €8,227 | €6,519 | -€1,708 | -20.8% |
| Remuneration and social security | 454/9 | €1,543 | €1,783 | +€240 | +15.6% |
| Accrued charges and deferred income | 492/3 | - | €164 | +€164 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €942 | €2,277 | +€1,335 | +142% |
| Other operating charges | 640/8 | €508 | €521 | +€12 | +2.4% |
| Gross operating margin | 9900 | €23,604 | -€11,722 | -€35,326 | |
| Operating profit (loss) | 9901 | €22,154 | -€14,520 | -€36,674 | |
| Financial income | 75/76B | €695 | €847 | +€152 | +21.9% |
| Recurring financial income | 75 | €695 | €847 | +€152 | +21.9% |
| Financial charges | 65/66B | €2,069 | €2,712 | +€643 | +31.1% |
| Recurring financial charges | 65 | €2,069 | €2,712 | +€643 | +31.1% |
| Profit (loss) for the period before taxes | 9903 | €20,780 | -€16,385 | -€37,165 | |
| Income taxes | 67/77 | €5,061 | €177 | -€4,883 | -96.5% |
| Profit (loss) for the period | 9904 | €15,719 | -€16,563 | -€32,282 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,719 | -€16,563 | -€32,282 |
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 14 October 2026 via checked.be.