Luc Dtr - 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.
Luc Dtr - Safety
Largest movements
- Tangible fixed assets +€30,243
up €30,243 (+2,774%), from €1,090 to €31,334
- Cash +€23,200
up €23,200 (+281%), from €8,250 to €31,449
mainly Net result for the year (+€28,330) and Debts after one year (+€11,919)
- Receivables within one year -€8,766
down €8,766 (-46.1%), from €19,029 to €10,263
of which Trade receivables: -€6,333
- Deferred charges and accrued income +€1,686
up €1,686 (+82.8%), from €2,036 to €3,722
- Reserves +€27,200
up €27,200 (+138%), from €19,700 to €46,900
- Debts after one year +€11,919
new in 2025: €11,919
- Current portion of long-term debt +€6,493
new in 2025: €6,493
- Gross operating margin +€33,945
up €33,945 (+338%), from €10,047 to €43,992
- Taxes +€8,974
up €8,974 (+255%), from €3,524 to €12,498
- Depreciation +€1,877
up €1,877 (+222%), from €847 to €2,723
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 | €30,406 | €76,768 | +€46,363 | +152% |
| Fixed assets | 21/28 | €1,090 | €31,334 | +€30,243 | +2,774% |
| Tangible fixed assets | 22/27 | €1,090 | €31,334 | +€30,243 | +2,774% |
| Furniture and vehicles | 24 | €1,090 | €31,334 | +€30,243 | +2,774% |
| Current assets | 29/58 | €29,315 | €45,435 | +€16,119 | +55.0% |
| Amounts receivable within one year | 40/41 | €19,029 | €10,263 | -€8,766 | -46.1% |
| Trade receivables | 40 | €15,061 | €8,728 | -€6,333 | -42.0% |
| Other amounts receivable | 41 | €3,969 | €1,535 | -€2,434 | -61.3% |
| Cash at bank and in hand | 54/58 | €8,250 | €31,449 | +€23,200 | +281% |
| Deferred charges and accrued income | 490/1 | €2,036 | €3,722 | +€1,686 | +82.8% |
| Total equity and liabilities | 10/49 | €30,406 | €76,768 | +€46,363 | +152% |
| Equity | 10/15 | €25,273 | €52,507 | +€27,234 | +108% |
| Contributions | 10/11 | €5,500 | €5,500 | = | 0.0% |
| Reserves | 13 | €19,700 | €46,900 | +€27,200 | +138% |
| Distributable reserves | 133 | €19,700 | €46,900 | +€27,200 | +138% |
| Profit (loss) carried forward | 14 | €73 | €107 | +€34 | +46.5% |
| Amounts payable | 17/49 | €5,133 | €24,262 | +€19,129 | +373% |
| Amounts payable after more than one year | 17 | - | €11,919 | +€11,919 | |
| Financial debts | 170/4 | - | €11,919 | +€11,919 | |
| Amounts payable within one year | 42/48 | €5,133 | €12,342 | +€7,210 | +140% |
| Current portion of amounts payable after more than one year | 42 | - | €6,493 | +€6,493 | |
| Trade debts | 44 | €1,743 | €2,419 | +€676 | +38.8% |
| Suppliers | 440/4 | €1,743 | €2,419 | +€676 | +38.8% |
| Taxes, remuneration and social security | 45 | €2,294 | €2,335 | +€41 | +1.8% |
| Taxes | 450/3 | €2,294 | €2,335 | +€41 | +1.8% |
| Other amounts payable | 47/48 | €1,096 | €1,096 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €847 | €2,723 | +€1,877 | +222% |
| Other operating charges | 640/8 | €75 | €300 | +€225 | +300% |
| Gross operating margin | 9900 | €10,047 | €43,992 | +€33,945 | +338% |
| Operating profit (loss) | 9901 | €9,125 | €40,969 | +€31,843 | +349% |
| Financial income | 75/76B | €21 | €172 | +€151 | +721% |
| Recurring financial income | 75 | €21 | €172 | +€151 | +721% |
| Financial charges | 65/66B | €91 | €312 | +€221 | +243% |
| Recurring financial charges | 65 | €91 | €312 | +€221 | +243% |
| Profit (loss) for the period before taxes | 9903 | €9,055 | €40,828 | +€31,773 | +351% |
| Income taxes | 67/77 | €3,524 | €12,498 | +€8,974 | +255% |
| Profit (loss) for the period | 9904 | €5,531 | €28,330 | +€22,799 | +412% |
| Profit (loss) for the period to be appropriated | 9905 | €5,531 | €28,330 | +€22,799 | +412% |
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 24 October 2026 via checked.be.