SafCare: 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.
SafCare
Largest movements
- Tangible fixed assets -€10,443
down €10,443 (-29.7%), from €35,103 to €24,660
- Stocks and contracts +€8,250
new in 2025: €8,250
- Receivables within one year -€1,091
down €1,091 (-45.2%), from €2,414 to €1,323
of which Trade receivables: -€1,046
- Cash -€439
down €439 (-99.9%), from €440 to €0
mainly Other debts (-€8,275) and Stocks and contracts (-€8,250)
- Other debts -€8,275
down €8,275 (-45.0%), from €18,403 to €10,128
- Reserves +€2,500
up €2,500 (+21.7%), from €11,500 to €14,000
- Tax, wage and social debts +€1,747
up €1,747 (+44.8%), from €3,900 to €5,647
of which Taxes: +€1,213
- Gross operating margin -€19,740
down €19,740 (-56.9%), from €34,688 to €14,948
- Depreciation -€7,942
down €7,942 (-43.2%), from €18,385 to €10,443
- Taxes -€2,387
down €2,387 (-66.3%), from €3,600 to €1,213
- Other operating charges -€530
down €530 (-63.1%), from €839 to €310
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 | €37,957 | €34,233 | -€3,723 | -9.8% |
| Fixed assets | 21/28 | €35,103 | €24,660 | -€10,443 | -29.7% |
| Tangible fixed assets | 22/27 | €35,103 | €24,660 | -€10,443 | -29.7% |
| Furniture and vehicles | 24 | €35,103 | €24,660 | -€10,443 | -29.7% |
| Current assets | 29/58 | €2,853 | €9,573 | +€6,720 | +236% |
| Stocks and contracts in progress | 3 | - | €8,250 | +€8,250 | |
| Stocks | 30/36 | - | €8,250 | +€8,250 | |
| Amounts receivable within one year | 40/41 | €2,414 | €1,323 | -€1,091 | -45.2% |
| Trade receivables | 40 | €2,042 | €997 | -€1,046 | -51.2% |
| Other amounts receivable | 41 | €371 | €326 | -€45 | -12.1% |
| Cash at bank and in hand | 54/58 | €440 | €0 | -€439 | -99.9% |
| Total equity and liabilities | 10/49 | €37,957 | €34,233 | -€3,723 | -9.8% |
| Equity | 10/15 | €15,654 | €18,259 | +€2,605 | +16.6% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €11,500 | €14,000 | +€2,500 | +21.7% |
| Distributable reserves | 133 | €11,500 | €14,000 | +€2,500 | +21.7% |
| Profit (loss) carried forward | 14 | €154 | €259 | +€105 | +68.3% |
| Amounts payable | 17/49 | €22,303 | €15,975 | -€6,328 | -28.4% |
| Amounts payable within one year | 42/48 | €22,303 | €15,975 | -€6,328 | -28.4% |
| Trade debts | 44 | - | €200 | +€200 | |
| Suppliers | 440/4 | - | €200 | +€200 | |
| Taxes, remuneration and social security | 45 | €3,900 | €5,647 | +€1,747 | +44.8% |
| Taxes | 450/3 | €3,900 | €5,113 | +€1,213 | +31.1% |
| Remuneration and social security | 454/9 | - | €535 | +€535 | |
| Other amounts payable | 47/48 | €18,403 | €10,128 | -€8,275 | -45.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,385 | €10,443 | -€7,942 | -43.2% |
| Other operating charges | 640/8 | €839 | €310 | -€530 | -63.1% |
| Gross operating margin | 9900 | €34,688 | €14,948 | -€19,740 | -56.9% |
| Operating profit (loss) | 9901 | €15,464 | €4,196 | -€11,268 | -72.9% |
| Financial income | 75/76B | - | €10 | +€10 | |
| Recurring financial income | 75 | - | €10 | +€10 | |
| Financial charges | 65/66B | €210 | €388 | +€178 | +84.6% |
| Recurring financial charges | 65 | €210 | €388 | +€178 | +84.6% |
| Profit (loss) for the period before taxes | 9903 | €15,254 | €3,818 | -€11,436 | -75.0% |
| Income taxes | 67/77 | €3,600 | €1,213 | -€2,387 | -66.3% |
| Profit (loss) for the period | 9904 | €11,654 | €2,605 | -€9,049 | -77.6% |
| Profit (loss) for the period to be appropriated | 9905 | €11,654 | €2,605 | -€9,049 | -77.6% |
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 18 October 2026 via checked.be.