SAFA SERVICES: 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 SERVICES
Largest movements
- Stocks and contracts -€36,618
down €36,618 (-43.4%), from €84,425 to €47,807
- Cash +€20,061
up €20,061 (+250.0%), from €8,025 to €28,086
mainly Stocks and contracts (+€36,618) and Net result for the year (+€4,100)
- Receivables within one year +€11,655
up €11,655 (+280.0%), from €4,163 to €15,817
of which Trade receivables: +€12,987
- Profit (loss) carried forward -€5,400
down €5,400 (-9.0%), from -€59,718 to -€65,118
- Trade debts +€3,047
up €3,047 (+132.3%), from €2,304 to €5,351
- Other debts -€2,550
down €2,550 (-1.8%), from €139,324 to €136,774
- Gross operating margin +€47,400
up €47,400, from -€46,104 to €1,296
- Financial income +€3,000
new in 2025: €3,000
of which Financial income: +€3,000
- Other operating charges -€2,773
down €2,773 (-98.0%), from €2,831 to €58
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 | €96,910 | €92,007 | -€4,903 | -5.1% |
| Fixed assets | 21/28 | €297 | €297 | = | 0.0% |
| Financial fixed assets | 28 | €297 | €297 | = | 0.0% |
| Current assets | 29/58 | €96,613 | €91,710 | -€4,903 | -5.1% |
| Stocks and contracts in progress | 3 | €84,425 | €47,807 | -€36,618 | -43.4% |
| Stocks | 30/36 | €84,425 | €47,807 | -€36,618 | -43.4% |
| Amounts receivable within one year | 40/41 | €4,163 | €15,817 | +€11,655 | +280.0% |
| Trade receivables | 40 | €286 | €13,274 | +€12,987 | +4538.7% |
| Other amounts receivable | 41 | €3,876 | €2,544 | -€1,333 | -34.4% |
| Cash at bank and in hand | 54/58 | €8,025 | €28,086 | +€20,061 | +250.0% |
| Total equity and liabilities | 10/49 | €96,910 | €92,007 | -€4,903 | -5.1% |
| Equity | 10/15 | -€44,718 | -€50,118 | -€5,400 | -12.1% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€59,718 | -€65,118 | -€5,400 | -9.0% |
| Amounts payable | 17/49 | €141,628 | €142,125 | +€497 | +0.4% |
| Amounts payable within one year | 42/48 | €141,628 | €142,125 | +€497 | +0.4% |
| Trade debts | 44 | €2,304 | €5,351 | +€3,047 | +132.3% |
| Suppliers | 440/4 | €2,304 | €5,351 | +€3,047 | +132.3% |
| Other amounts payable | 47/48 | €139,324 | €136,774 | -€2,550 | -1.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €203 | - | -€203 | |
| Other operating charges | 640/8 | €2,831 | €58 | -€2,773 | -98.0% |
| Gross operating margin | 9900 | -€46,104 | €1,296 | +€47,400 | |
| Operating profit (loss) | 9901 | -€49,138 | €1,238 | +€50,376 | |
| Financial income | 75/76B | - | €3,000 | +€3,000 | |
| Recurring financial income | 75 | - | €3,000 | +€3,000 | |
| Non-recurring financial income | 76B | - | €3,000 | +€3,000 | |
| Financial charges | 65/66B | €420 | €138 | -€282 | -67.2% |
| Recurring financial charges | 65 | €420 | €138 | -€282 | -67.2% |
| Profit (loss) for the period before taxes | 9903 | -€49,558 | €4,100 | +€53,658 | |
| Profit (loss) for the period | 9904 | -€49,558 | €4,100 | +€53,658 | |
| Profit (loss) for the period to be appropriated | 9905 | -€49,558 | €4,100 | +€53,658 |
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 12 October 2026 via checked.be.