S-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.
S-SAFETY
Largest movements
- Tangible fixed assets -€9,850
down €9,850 (-16.7%), from €59,100 to €49,250
- Receivables within one year -€2,718
down €2,718 (-3.5%), from €78,141 to €75,423
- Profit (loss) carried forward -€11,983
down €11,983 (-8.9%), from -€134,029 to -€146,012
- Gross operating margin +€12,969
up €12,969 (+87.1%), from -€14,898 to -€1,929
- Depreciation -€378
down €378 (-3.7%), from €10,228 to €9,850
- Other operating charges -€372
down €372 (-48.2%), from €772 to €400
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 | €140,879 | €128,346 | -€12,533 | -8.9% |
| Fixed assets | 21/28 | €62,700 | €52,850 | -€9,850 | -15.7% |
| Tangible fixed assets | 22/27 | €59,100 | €49,250 | -€9,850 | -16.7% |
| Land and buildings | 22 | €59,100 | €49,250 | -€9,850 | -16.7% |
| Financial fixed assets | 28 | €3,600 | €3,600 | = | 0.0% |
| Current assets | 29/58 | €78,179 | €75,496 | -€2,683 | -3.4% |
| Amounts receivable within one year | 40/41 | €78,141 | €75,423 | -€2,718 | -3.5% |
| Other amounts receivable | 41 | €78,141 | €75,423 | -€2,718 | -3.5% |
| Cash at bank and in hand | 54/58 | €38 | €73 | +€35 | +90.6% |
| Total equity and liabilities | 10/49 | €140,879 | €128,346 | -€12,533 | -8.9% |
| Equity | 10/15 | €130,231 | €118,248 | -€11,983 | -9.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €251,860 | €251,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €250,000 | €250,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€134,029 | -€146,012 | -€11,983 | -8.9% |
| Amounts payable | 17/49 | €10,648 | €10,097 | -€550 | -5.2% |
| Amounts payable within one year | 42/48 | €10,648 | €10,097 | -€550 | -5.2% |
| Trade debts | 44 | €2,764 | €2,189 | -€574 | -20.8% |
| Suppliers | 440/4 | €2,764 | €2,189 | -€574 | -20.8% |
| Taxes, remuneration and social security | 45 | €2,210 | €2,210 | = | 0.0% |
| Taxes | 450/3 | €2,210 | €2,210 | = | 0.0% |
| Other amounts payable | 47/48 | €5,674 | €5,698 | +€24 | +0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,228 | €9,850 | -€378 | -3.7% |
| Other operating charges | 640/8 | €772 | €400 | -€372 | -48.2% |
| Gross operating margin | 9900 | -€14,898 | -€1,929 | +€12,969 | +87.1% |
| Operating profit (loss) | 9901 | -€25,897 | -€12,179 | +€13,718 | +53.0% |
| Financial income | 75/76B | €398 | €387 | -€11 | -2.7% |
| Recurring financial income | 75 | €398 | €387 | -€11 | -2.7% |
| Financial charges | 65/66B | €197 | €191 | -€6 | -3.0% |
| Recurring financial charges | 65 | €197 | €191 | -€6 | -3.0% |
| Profit (loss) for the period before taxes | 9903 | -€25,697 | -€11,983 | +€13,714 | +53.4% |
| Profit (loss) for the period | 9904 | -€25,697 | -€11,983 | +€13,714 | +53.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€25,697 | -€11,983 | +€13,714 | +53.4% |
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 14 October 2026 via checked.be.