N-A 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.
N-A SAFETY
Largest movements
- Stocks and contracts +€9,165
up €9,165 (+18.0%), from €50,850 to €60,015
- Receivables within one year +€962
up €962 (+31.9%), from €3,020 to €3,983
of which Trade receivables: +€915
- Other debts +€33,181
up €33,181 (+62.6%), from €52,974 to €86,156
- Profit (loss) carried forward -€26,653
down €26,653 (-136%), from -€19,552 to -€46,205
- Tax, wage and social debts +€4,739
up €4,739 (+20.5%), from €23,149 to €27,888
of which Taxes: +€10,207
- Trade debts -€981
down €981 (-43.0%), from €2,281 to €1,299
- Staff costs +€23,519
up €23,519 (+75.4%), from €31,196 to €54,715
- Gross operating margin +€10,794
up €10,794 (+57.5%), from €18,783 to €29,577
- Other operating charges +€583
up €583 (+14,982%), from €4 to €587
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 | €58,852 | €69,138 | +€10,286 | +17.5% |
| Fixed assets | 21/28 | €669 | €120 | -€549 | -82.1% |
| Tangible fixed assets | 22/27 | €549 | - | -€549 | |
| Plant, machinery and equipment | 23 | €549 | - | -€549 | |
| Financial fixed assets | 28 | €120 | €120 | = | 0.0% |
| Current assets | 29/58 | €58,183 | €69,018 | +€10,835 | +18.6% |
| Stocks and contracts in progress | 3 | €50,850 | €60,015 | +€9,165 | +18.0% |
| Stocks | 30/36 | €50,850 | €60,015 | +€9,165 | +18.0% |
| Amounts receivable within one year | 40/41 | €3,020 | €3,983 | +€962 | +31.9% |
| Trade receivables | 40 | - | €915 | +€915 | |
| Other amounts receivable | 41 | €3,020 | €3,068 | +€47 | +1.6% |
| Cash at bank and in hand | 54/58 | €4,313 | €4,884 | +€571 | +13.2% |
| Deferred charges and accrued income | 490/1 | - | €136 | +€136 | |
| Total equity and liabilities | 10/49 | €58,852 | €69,138 | +€10,286 | +17.5% |
| Equity | 10/15 | -€19,552 | -€46,205 | -€26,653 | -136% |
| Profit (loss) carried forward | 14 | -€19,552 | -€46,205 | -€26,653 | -136% |
| Amounts payable | 17/49 | €78,404 | €115,343 | +€36,939 | +47.1% |
| Amounts payable within one year | 42/48 | €78,404 | €115,343 | +€36,939 | +47.1% |
| Trade debts | 44 | €2,281 | €1,299 | -€981 | -43.0% |
| Suppliers | 440/4 | €2,281 | €1,299 | -€981 | -43.0% |
| Taxes, remuneration and social security | 45 | €23,149 | €27,888 | +€4,739 | +20.5% |
| Taxes | 450/3 | €11,306 | €21,513 | +€10,207 | +90.3% |
| Remuneration and social security | 454/9 | €11,843 | €6,375 | -€5,468 | -46.2% |
| Other amounts payable | 47/48 | €52,974 | €86,156 | +€33,181 | +62.6% |
| Remuneration, social security and pensions | 62 | €31,196 | €54,715 | +€23,519 | +75.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €610 | €549 | -€62 | -10.1% |
| Other operating charges | 640/8 | €4 | €587 | +€583 | +14,982% |
| Gross operating margin | 9900 | €18,783 | €29,577 | +€10,794 | +57.5% |
| Operating profit (loss) | 9901 | -€13,027 | -€26,273 | -€13,246 | -102% |
| Financial charges | 65/66B | €368 | €380 | +€12 | +3.2% |
| Recurring financial charges | 65 | €368 | €380 | +€12 | +3.2% |
| Profit (loss) for the period before taxes | 9903 | -€13,395 | -€26,653 | -€13,258 | -99.0% |
| Profit (loss) for the period | 9904 | -€13,395 | -€26,653 | -€13,258 | -99.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,395 | -€26,653 | -€13,258 | -99.0% |
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 26 October 2026 via checked.be.