Safciu Construct: 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.
Safciu Construct
Largest movements
- Receivables within one year +€10,308
up €10,308 (+25.1%), from €41,096 to €51,403
of which Other amounts receivable: +€10,073
- Cash -€8,473
down €8,473 (-99.3%), from €8,531 to €58
mainly Receivables within one year (-€10,308) and Short-term financial debts (-€2,001)
- Tangible fixed assets -€616
down €616 (-16.9%), from €3,651 to €3,035
of which Plant, machinery and equipment: -€366
- Trade debts +€2,092
up €2,092 (+146%), from €1,430 to €3,521
of which Bills of exchange payable: +€2,339
- Short-term financial debts -€2,001
down €2,001 (-100%), from €2,001 to €0
- Profit (loss) carried forward +€793
up €793 (+2.0%), from €40,176 to €40,969
- Purchases and services -€81,665
down €81,665 (-44.3%), from €184,474 to €102,808
- Turnover -€79,800
down €79,800 (-41.6%), from €192,023 to €112,223
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 | €54,251 | €55,454 | +€1,202 | +2.2% |
| Fixed assets | 21/28 | €3,651 | €3,035 | -€616 | -16.9% |
| Tangible fixed assets | 22/27 | €3,651 | €3,035 | -€616 | -16.9% |
| Plant, machinery and equipment | 23 | €1,072 | €706 | -€366 | -34.2% |
| Furniture and vehicles | 24 | €2,579 | €2,330 | -€250 | -9.7% |
| Current assets | 29/58 | €50,600 | €52,419 | +€1,818 | +3.6% |
| Amounts receivable within one year | 40/41 | €41,096 | €51,403 | +€10,308 | +25.1% |
| Trade receivables | 40 | €29,034 | €29,268 | +€234 | +0.8% |
| Other amounts receivable | 41 | €12,062 | €22,135 | +€10,073 | +83.5% |
| Cash at bank and in hand | 54/58 | €8,531 | €58 | -€8,473 | -99.3% |
| Deferred charges and accrued income | 490/1 | €974 | €957 | -€16 | -1.7% |
| Total equity and liabilities | 10/49 | €54,251 | €55,454 | +€1,202 | +2.2% |
| Equity | 10/15 | €48,236 | €49,029 | +€793 | +1.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | - | -€6,200 | |
| Issued capital | 100 | €6,200 | - | -€6,200 | |
| Contributions outside capital | 11 | - | €6,200 | +€6,200 | |
| Share premium | 1100/10 | - | €6,200 | +€6,200 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €40,176 | €40,969 | +€793 | +2.0% |
| Amounts payable | 17/49 | €6,016 | €6,425 | +€409 | +6.8% |
| Amounts payable within one year | 42/48 | €6,016 | €6,425 | +€409 | +6.8% |
| Financial debts | 43 | €2,001 | €0 | -€2,001 | -100% |
| Credit institutions | 430/8 | €2,001 | €0 | -€2,001 | -100% |
| Trade debts | 44 | €1,430 | €3,521 | +€2,092 | +146% |
| Suppliers | 440/4 | €1,155 | €908 | -€247 | -21.4% |
| Bills of exchange payable | 441 | €275 | €2,614 | +€2,339 | +851% |
| Taxes, remuneration and social security | 45 | €2,585 | €2,904 | +€319 | +12.3% |
| Taxes | 450/3 | €2,585 | €2,904 | +€319 | +12.3% |
| Turnover | 70 | €192,023 | €112,223 | -€79,800 | -41.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €184,474 | €102,808 | -€81,665 | -44.3% |
| Remuneration, social security and pensions | 62 | €102 | €0 | -€102 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,480 | €2,116 | +€636 | +43.0% |
| Other operating charges | 640/8 | €5,253 | €5,728 | +€474 | +9.0% |
| Gross operating margin | 9900 | €10,642 | €11,977 | +€1,336 | +12.6% |
| Operating profit (loss) | 9901 | €3,806 | €4,134 | +€328 | +8.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €403 | €534 | +€131 | +32.4% |
| Recurring financial charges | 65 | €403 | €534 | +€131 | +32.4% |
| Profit (loss) for the period before taxes | 9903 | €3,403 | €3,600 | +€197 | +5.8% |
| Income taxes | 67/77 | €3,029 | €2,807 | -€222 | -7.3% |
| Profit (loss) for the period | 9904 | €374 | €793 | +€419 | +112% |
| Profit (loss) for the period to be appropriated | 9905 | €374 | €793 | +€419 | +112% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.