MYSAFEPLACE: 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.
MYSAFEPLACE
Largest movements
- Tangible fixed assets -€47,411
down €47,411 (-8.2%), from €576,397 to €528,986
of which Land and buildings: -€31,308
- Cash +€35,274
up €35,274 (+561.8%), from €6,279 to €41,553
mainly Depreciation (+€51,346) and Net result for the year (+€13,495)
- Debts after one year -€34,555
down €34,555 (-8.1%), from €426,383 to €391,828
- Profit (loss) carried forward +€13,495
up €13,495 (+22.1%), from -€60,955 to -€47,460
- Investment grants +€12,863
new in 2025: €12,863
- Other debts -€12,508
down €12,508 (-49.6%), from €25,206 to €12,698
- Tax, wage and social debts +€8,926
up €8,926 (+96.7%), from €9,233 to €18,159
of which Remuneration and social security: +€5,693
- Gross operating margin +€72,134
up €72,134 (+56.6%), from €127,549 to €199,683
- Staff costs +€25,965
up €25,965 (+33.1%), from €78,534 to €104,499
- Other operating charges +€3,538
up €3,538 (+131.8%), from €2,685 to €6,223
- Depreciation +€2,125
up €2,125 (+4.3%), from €49,221 to €51,346
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 | €590,331 | €583,551 | -€6,780 | -1.1% |
| Formation expenses | 20 | €511 | €102 | -€409 | -80.0% |
| Fixed assets | 21/28 | €577,605 | €529,694 | -€47,911 | -8.3% |
| Intangible fixed assets | 21 | €1,208 | €708 | -€500 | -41.4% |
| Tangible fixed assets | 22/27 | €576,397 | €528,986 | -€47,411 | -8.2% |
| Land and buildings | 22 | €476,996 | €445,688 | -€31,308 | -6.6% |
| Plant, machinery and equipment | 23 | €75,953 | €65,175 | -€10,778 | -14.2% |
| Furniture and vehicles | 24 | €23,448 | €18,123 | -€5,325 | -22.7% |
| Current assets | 29/58 | €12,215 | €53,755 | +€41,540 | +340.1% |
| Stocks and contracts in progress | 3 | €5,092 | €6,080 | +€988 | +19.4% |
| Stocks | 30/36 | €5,092 | €6,080 | +€988 | +19.4% |
| Amounts receivable within one year | 40/41 | €844 | €3,558 | +€2,714 | +321.6% |
| Trade receivables | 40 | €345 | €3,084 | +€2,739 | +793.9% |
| Other amounts receivable | 41 | €499 | €474 | -€25 | -5.0% |
| Cash at bank and in hand | 54/58 | €6,279 | €41,553 | +€35,274 | +561.8% |
| Deferred charges and accrued income | 490/1 | - | €2,564 | +€2,564 | |
| Total equity and liabilities | 10/49 | €590,331 | €583,551 | -€6,780 | -1.1% |
| Equity | 10/15 | €89,045 | €115,403 | +€26,358 | +29.6% |
| Contributions | 10/11 | €150,000 | €150,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€60,955 | -€47,460 | +€13,495 | +22.1% |
| Investment grants | 15 | - | €12,863 | +€12,863 | |
| Amounts payable | 17/49 | €501,286 | €468,148 | -€33,138 | -6.6% |
| Amounts payable after more than one year | 17 | €426,383 | €391,828 | -€34,555 | -8.1% |
| Financial debts | 170/4 | €426,383 | €391,828 | -€34,555 | -8.1% |
| Amounts payable within one year | 42/48 | €74,568 | €74,800 | +€232 | +0.3% |
| Current portion of amounts payable after more than one year | 42 | €33,115 | €34,555 | +€1,440 | +4.3% |
| Trade debts | 44 | €7,014 | €9,388 | +€2,374 | +33.8% |
| Suppliers | 440/4 | €7,014 | €9,388 | +€2,374 | +33.8% |
| Taxes, remuneration and social security | 45 | €9,233 | €18,159 | +€8,926 | +96.7% |
| Taxes | 450/3 | €1,855 | €5,088 | +€3,233 | +174.3% |
| Remuneration and social security | 454/9 | €7,378 | €13,071 | +€5,693 | +77.2% |
| Other amounts payable | 47/48 | €25,206 | €12,698 | -€12,508 | -49.6% |
| Accrued charges and deferred income | 492/3 | €335 | €1,520 | +€1,185 | +353.7% |
| Remuneration, social security and pensions | 62 | €78,534 | €104,499 | +€25,965 | +33.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,221 | €51,346 | +€2,125 | +4.3% |
| Other operating charges | 640/8 | €2,685 | €6,223 | +€3,538 | +131.8% |
| Gross operating margin | 9900 | €127,549 | €199,683 | +€72,134 | +56.6% |
| Operating profit (loss) | 9901 | -€2,891 | €37,615 | +€40,506 | |
| Financial income | 75/76B | €393 | €1,348 | +€955 | +243.0% |
| Recurring financial income | 75 | €393 | €1,348 | +€955 | +243.0% |
| Financial charges | 65/66B | €24,478 | €25,458 | +€980 | +4.0% |
| Recurring financial charges | 65 | €24,478 | €25,458 | +€980 | +4.0% |
| Profit (loss) for the period before taxes | 9903 | -€26,976 | €13,505 | +€40,481 | |
| Income taxes | 67/77 | €112 | €10 | -€102 | -91.1% |
| Profit (loss) for the period | 9904 | -€27,088 | €13,495 | +€40,583 | |
| Profit (loss) for the period to be appropriated | 9905 | -€27,088 | €13,495 | +€40,583 |
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 3 October 2026 via checked.be.