PROCESS SAFETY HANDLING: 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.
PROCESS SAFETY HANDLING
Largest movements
- Receivables within one year +€14,441
up €14,441 (+264.9%), from €5,450 to €19,891
of which Trade receivables: +€7,754
- Cash -€5,764
down €5,764 (-27.6%), from €20,904 to €15,140
mainly Receivables within one year (-€14,441) and Investment in fixed assets (net) (-€3,416)
- Receivables after one year -€3,280
down €3,280 (-21.9%), from €15,000 to €11,720
- Tangible fixed assets +€1,050
up €1,050 (+11.4%), from €9,200 to €10,250
of which Other tangible fixed assets: +€1,863
- Deferred charges and accrued income +€678
up €678 (+82.3%), from €824 to €1,502
- Tax, wage and social debts +€5,122
up €5,122 (+243.7%), from €2,101 to €7,223
of which Taxes: +€3,622
- Reserves +€1,793
up €1,793 (+5.1%), from €35,481 to €37,274
- Gross operating margin -€11,098
down €11,098 (-65.2%), from €17,018 to €5,920
- Taxes -€5,652
down €5,652 (-86.8%), from €6,514 to €862
- Financial income -€3,921
down €3,921 (-74.4%), from €5,268 to €1,347
of which Non-recurring financial income: -€4,525
- Financial charges +€1,514
up €1,514 (+1096.1%), from €138 to €1,652
- Depreciation +€505
up €505 (+27.1%), from €1,862 to €2,366
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 | €51,378 | €58,502 | +€7,124 | +13.9% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €9,200 | €10,250 | +€1,050 | +11.4% |
| Tangible fixed assets | 22/27 | €9,200 | €10,250 | +€1,050 | +11.4% |
| Plant, machinery and equipment | 23 | €5,327 | €5,828 | +€500 | +9.4% |
| Furniture and vehicles | 24 | €3,033 | €1,720 | -€1,313 | -43.3% |
| Other tangible fixed assets | 26 | €839 | €2,702 | +€1,863 | +221.9% |
| Current assets | 29/58 | €42,178 | €48,253 | +€6,074 | +14.4% |
| Amounts receivable after more than one year | 29 | €15,000 | €11,720 | -€3,280 | -21.9% |
| Other amounts receivable | 291 | €15,000 | €11,720 | -€3,280 | -21.9% |
| Amounts receivable within one year | 40/41 | €5,450 | €19,891 | +€14,441 | +264.9% |
| Trade receivables | 40 | €3,194 | €10,948 | +€7,754 | +242.7% |
| Other amounts receivable | 41 | €2,256 | €8,943 | +€6,687 | +296.4% |
| Cash at bank and in hand | 54/58 | €20,904 | €15,140 | -€5,764 | -27.6% |
| Deferred charges and accrued income | 490/1 | €824 | €1,502 | +€678 | +82.3% |
| Total equity and liabilities | 10/49 | €51,378 | €58,502 | +€7,124 | +13.9% |
| Equity | 10/15 | €47,881 | €49,674 | +€1,793 | +3.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €35,481 | €37,274 | +€1,793 | +5.1% |
| Distributable reserves | 133 | €35,481 | €37,274 | +€1,793 | +5.1% |
| Amounts payable | 17/49 | €3,497 | €8,829 | +€5,332 | +152.5% |
| Amounts payable within one year | 42/48 | €3,016 | €8,451 | +€5,435 | +180.2% |
| Trade debts | 44 | €717 | €1,228 | +€511 | +71.3% |
| Suppliers | 440/4 | €717 | €1,228 | +€511 | +71.3% |
| Taxes, remuneration and social security | 45 | €2,101 | €7,223 | +€5,122 | +243.7% |
| Taxes | 450/3 | €2,101 | €5,723 | +€3,622 | +172.4% |
| Remuneration and social security | 454/9 | - | €1,500 | +€1,500 | |
| Other amounts payable | 47/48 | €197 | - | -€197 | |
| Accrued charges and deferred income | 492/3 | €482 | €378 | -€104 | -21.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,862 | €2,366 | +€505 | +27.1% |
| Other operating charges | 640/8 | €577 | €593 | +€16 | +2.8% |
| Non-recurring operating charges | 66A | €41 | - | -€41 | |
| Gross operating margin | 9900 | €17,018 | €5,920 | -€11,098 | -65.2% |
| Operating profit (loss) | 9901 | €14,538 | €2,960 | -€11,578 | -79.6% |
| Financial income | 75/76B | €5,268 | €1,347 | -€3,921 | -74.4% |
| Recurring financial income | 75 | €743 | €1,347 | +€604 | +81.2% |
| Non-recurring financial income | 76B | €4,525 | - | -€4,525 | |
| Financial charges | 65/66B | €138 | €1,652 | +€1,514 | +1096.1% |
| Recurring financial charges | 65 | €138 | €1,652 | +€1,514 | +1096.1% |
| Profit (loss) for the period before taxes | 9903 | €19,668 | €2,655 | -€17,013 | -86.5% |
| Income taxes | 67/77 | €6,514 | €862 | -€5,652 | -86.8% |
| Profit (loss) for the period | 9904 | €13,154 | €1,793 | -€11,362 | -86.4% |
| Profit (loss) for the period to be appropriated | 9905 | €13,154 | €1,793 | -€11,362 | -86.4% |
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.