SAFA et SON CO: 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.
SAFA et SON CO
Largest movements
- Cash -€51,904
down €51,904 (-46.7%), from €111,250 to €59,346
mainly Receivables within one year (-€20,500) and Net result for the year (-€19,950)
- Receivables within one year +€20,500
up €20,500 (+52.5%), from €39,072 to €59,572
of which Other amounts receivable: +€21,884
- Deferred charges and accrued income -€2,483
down €2,483 (-77.7%), from €3,197 to €714
- Profit (loss) carried forward -€19,950
down €19,950 (-26.8%), from €74,508 to €54,558
- Debts after one year -€7,925
down €7,925 (-16.6%), from €47,636 to €39,711
- Trade debts -€4,859
down €4,859 (-67.4%), from €7,208 to €2,348
- Tax, wage and social debts -€2,046
down €2,046 (-30.8%), from €6,651 to €4,605
of which Taxes: -€4,783
- Staff costs +€15,781
up €15,781 (+128%), from €12,371 to €28,152
- Purchases and services +€6,340
up €6,340 (+3.6%), from €174,136 to €180,477
- Gross operating margin -€3,370
down €3,370 (-21.4%), from €15,753 to €12,383
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €160,281 | €125,602 | -€34,679 | -21.6% |
| Fixed assets | 21/28 | €75 | €75 | = | 0.0% |
| Financial fixed assets | 28 | €75 | €75 | = | 0.0% |
| Current assets | 29/58 | €160,205 | €125,526 | -€34,679 | -21.6% |
| Stocks and contracts in progress | 3 | €6,687 | €5,895 | -€792 | -11.8% |
| Stocks | 30/36 | €6,687 | €5,895 | -€792 | -11.8% |
| Amounts receivable within one year | 40/41 | €39,072 | €59,572 | +€20,500 | +52.5% |
| Trade receivables | 40 | €1,384 | - | -€1,384 | |
| Other amounts receivable | 41 | €37,687 | €59,572 | +€21,884 | +58.1% |
| Cash at bank and in hand | 54/58 | €111,250 | €59,346 | -€51,904 | -46.7% |
| Deferred charges and accrued income | 490/1 | €3,197 | €714 | -€2,483 | -77.7% |
| Total equity and liabilities | 10/49 | €160,281 | €125,602 | -€34,679 | -21.6% |
| Equity | 10/15 | €90,962 | €71,012 | -€19,950 | -21.9% |
| Contributions | 10/11 | €9,916 | €9,916 | = | 0.0% |
| Capital | 10 | €9,916 | - | -€9,916 | |
| Issued capital | 100 | €9,916 | - | -€9,916 | |
| Reserves | 13 | €6,538 | €6,538 | = | 0.0% |
| Non-distributable reserves | 130/1 | €992 | €992 | = | 0.0% |
| Legal reserve | 130 | €992 | - | -€992 | |
| Reserves not available under the articles | 1311 | - | €992 | +€992 | |
| Tax-exempt reserves | 132 | €1,607 | €1,607 | = | 0.0% |
| Distributable reserves | 133 | €3,939 | €3,939 | = | 0.0% |
| Profit (loss) carried forward | 14 | €74,508 | €54,558 | -€19,950 | -26.8% |
| Amounts payable | 17/49 | €69,319 | €54,590 | -€14,729 | -21.2% |
| Amounts payable after more than one year | 17 | €47,636 | €39,711 | -€7,925 | -16.6% |
| Financial debts | 170/4 | €47,636 | €39,711 | -€7,925 | -16.6% |
| Amounts payable within one year | 42/48 | €21,683 | €14,878 | -€6,804 | -31.4% |
| Current portion of amounts payable after more than one year | 42 | €7,824 | €7,925 | +€101 | +1.3% |
| Trade debts | 44 | €7,208 | €2,348 | -€4,859 | -67.4% |
| Suppliers | 440/4 | €7,208 | €2,348 | -€4,859 | -67.4% |
| Taxes, remuneration and social security | 45 | €6,651 | €4,605 | -€2,046 | -30.8% |
| Taxes | 450/3 | €6,651 | €1,867 | -€4,783 | -71.9% |
| Remuneration and social security | 454/9 | - | €2,738 | +€2,738 | |
| Turnover | 70 | €189,889 | €190,836 | +€947 | +0.5% |
| Non-recurring operating income | 76A | €1,555 | €2,023 | +€468 | +30.1% |
| Goods, raw materials, services and sundry goods | 60/61 | €174,136 | €180,477 | +€6,340 | +3.6% |
| Remuneration, social security and pensions | 62 | €12,371 | €28,152 | +€15,781 | +128% |
| Other operating charges | 640/8 | €2,841 | €2,436 | -€405 | -14.2% |
| Non-recurring operating charges | 66A | €1,661 | €1,024 | -€637 | -38.3% |
| Gross operating margin | 9900 | €15,753 | €12,383 | -€3,370 | -21.4% |
| Operating profit (loss) | 9901 | -€1,119 | -€19,229 | -€18,110 | -1,619% |
| Financial income | 75/76B | €0 | €0 | +€0 | +900% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +900% |
| Financial charges | 65/66B | €1,320 | €1,251 | -€69 | -5.2% |
| Recurring financial charges | 65 | €1,320 | €1,251 | -€69 | -5.2% |
| Profit (loss) for the period before taxes | 9903 | -€2,439 | -€20,480 | -€18,041 | -740% |
| Income taxes | 67/77 | - | -€530 | -€530 | |
| Profit (loss) for the period | 9904 | -€2,439 | -€19,950 | -€17,511 | -718% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,439 | -€19,950 | -€17,511 | -718% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.