SAFAK TRANS: what changed
SAFAK TRANS
Largest movements
- Cash -€18,943
down €18,943 (-45.3%), from €41,829 to €22,886
mainly Other debts (-€28,902) and Net result for the year (-€7,644)
- Receivables within one year -€15,622
down €15,622 (-96.7%), from €16,163 to €541
of which Trade receivables: -€13,340
- Tangible fixed assets -€8,036
no longer reported in 2025 (was €8,036)
- Other debts -€28,902
down €28,902 (-97.8%), from €29,539 to €637
- Profit (loss) carried forward -€7,644
down €7,644 (-46.9%), from €16,305 to €8,661
- Current portion of long-term debt -€3,800
no longer reported in 2025 (was €3,800)
- Trade debts -€2,817
down €2,817 (-92.7%), from €3,039 to €222
- Turnover -€126,731
down €126,731 (-89.2%), from €142,106 to €15,375
- Purchases and services -€96,109
down €96,109 (-79.8%), from €120,391 to €24,282
- Gross operating margin -€22,919
down €22,919, from €21,714 to -€1,205
- Write-downs -€6,292
no longer reported in 2025 (was €6,292)
- Depreciation -€3,390
no longer reported in 2025 (was €3,390)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €75,885 | €33,127 | -€42,758 | -56.3% |
| Fixed assets | 21/28 | €17,536 | €9,700 | -€7,836 | -44.7% |
| Tangible fixed assets | 22/27 | €8,036 | - | -€8,036 | |
| Furniture and vehicles | 24 | €8,036 | - | -€8,036 | |
| Financial fixed assets | 28 | €9,500 | €9,700 | +€200 | +2.1% |
| Current assets | 29/58 | €58,349 | €23,427 | -€34,922 | -59.9% |
| Amounts receivable within one year | 40/41 | €16,163 | €541 | -€15,622 | -96.7% |
| Trade receivables | 40 | €13,340 | - | -€13,340 | |
| Other amounts receivable | 41 | €2,823 | €541 | -€2,282 | -80.8% |
| Cash at bank and in hand | 54/58 | €41,829 | €22,886 | -€18,943 | -45.3% |
| Deferred charges and accrued income | 490/1 | €357 | - | -€357 | |
| Total equity and liabilities | 10/49 | €75,885 | €33,127 | -€42,758 | -56.3% |
| Equity | 10/15 | €36,765 | €29,121 | -€7,644 | -20.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €16,305 | €8,661 | -€7,644 | -46.9% |
| Amounts payable | 17/49 | €39,120 | €4,006 | -€35,114 | -89.8% |
| Amounts payable within one year | 42/48 | €39,120 | €4,006 | -€35,114 | -89.8% |
| Current portion of amounts payable after more than one year | 42 | €3,800 | - | -€3,800 | |
| Trade debts | 44 | €3,039 | €222 | -€2,817 | -92.7% |
| Suppliers | 440/4 | €3,039 | €222 | -€2,817 | -92.7% |
| Taxes, remuneration and social security | 45 | €2,742 | €3,147 | +€405 | +14.8% |
| Taxes | 450/3 | €2,742 | €3,147 | +€405 | +14.8% |
| Other amounts payable | 47/48 | €29,539 | €637 | -€28,902 | -97.8% |
| Turnover | 70 | €142,106 | €15,375 | -€126,731 | -89.2% |
| Non-recurring operating income | 76A | - | €7,702 | +€7,702 | |
| Goods, raw materials, services and sundry goods | 60/61 | €120,391 | €24,282 | -€96,109 | -79.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,390 | - | -€3,390 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €6,292 | - | -€6,292 | |
| Other operating charges | 640/8 | - | €787 | +€787 | |
| Non-recurring operating charges | 66A | - | €4,738 | +€4,738 | |
| Gross operating margin | 9900 | €21,714 | -€1,205 | -€22,919 | |
| Operating profit (loss) | 9901 | €12,032 | -€6,730 | -€18,762 | |
| Financial income | 75/76B | - | €6 | +€6 | |
| Recurring financial income | 75 | - | €6 | +€6 | |
| Financial charges | 65/66B | €857 | €515 | -€342 | -39.9% |
| Recurring financial charges | 65 | €857 | €515 | -€342 | -39.9% |
| Profit (loss) for the period before taxes | 9903 | €11,175 | -€7,239 | -€18,414 | |
| Income taxes | 67/77 | €2,738 | €405 | -€2,333 | -85.2% |
| Profit (loss) for the period | 9904 | €8,437 | -€7,644 | -€16,081 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,437 | -€7,644 | -€16,081 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.