Safe Energy: 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.
Safe Energy
Largest movements
- Tangible fixed assets -€6,044
down €6,044 (-37.5%), from €16,131 to €10,087
- Cash -€1,778
down €1,778 (-17.3%), from €10,255 to €8,477
mainly Net result for the year (-€4,007) and Debts after one year (-€3,297)
- Profit (loss) carried forward -€4,007
down €4,007 (-31.4%), from -€12,761 to -€16,768
- Debts after one year -€3,297
down €3,297 (-35.0%), from €9,409 to €6,112
- Trade debts -€1,884
down €1,884 (-39.2%), from €4,811 to €2,927
- Other debts +€1,600
up €1,600 (+28.0%), from €5,708 to €7,308
- Gross operating margin -€4,363
down €4,363 (-58.0%), from €7,518 to €3,156
- Taxes -€1,935
down €1,935 (-97.0%), from €1,995 to €59
- Other operating charges -€255
down €255 (-31.2%), from €817 to €562
- Financial charges -€149
down €149 (-23.1%), from €646 to €497
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €30,182 | €22,475 | -€7,707 | -25.5% |
| Fixed assets | 21/28 | €16,131 | €10,087 | -€6,044 | -37.5% |
| Tangible fixed assets | 22/27 | €16,131 | €10,087 | -€6,044 | -37.5% |
| Furniture and vehicles | 24 | €16,131 | €10,087 | -€6,044 | -37.5% |
| Current assets | 29/58 | €14,051 | €12,388 | -€1,663 | -11.8% |
| Amounts receivable within one year | 40/41 | €512 | €512 | = | 0.0% |
| Trade receivables | 40 | €181 | €181 | = | 0.0% |
| Other amounts receivable | 41 | €332 | €332 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €10,255 | €8,477 | -€1,778 | -17.3% |
| Deferred charges and accrued income | 490/1 | €3,283 | €3,398 | +€115 | +3.5% |
| Total equity and liabilities | 10/49 | €30,182 | €22,475 | -€7,707 | -25.5% |
| Equity | 10/15 | €6,474 | €2,467 | -€4,007 | -61.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €635 | €635 | = | 0.0% |
| Non-distributable reserves | 130/1 | €635 | €635 | = | 0.0% |
| Reserves not available under the articles | 1311 | €635 | €635 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,761 | -€16,768 | -€4,007 | -31.4% |
| Amounts payable | 17/49 | €23,708 | €20,008 | -€3,700 | -15.6% |
| Amounts payable after more than one year | 17 | €9,409 | €6,112 | -€3,297 | -35.0% |
| Financial debts | 170/4 | €9,409 | €6,112 | -€3,297 | -35.0% |
| Amounts payable within one year | 42/48 | €14,299 | €13,896 | -€403 | -2.8% |
| Current portion of amounts payable after more than one year | 42 | €3,171 | €3,297 | +€126 | +4.0% |
| Trade debts | 44 | €4,811 | €2,927 | -€1,884 | -39.2% |
| Suppliers | 440/4 | €4,811 | €2,927 | -€1,884 | -39.2% |
| Taxes, remuneration and social security | 45 | €610 | €365 | -€246 | -40.3% |
| Taxes | 450/3 | €610 | €365 | -€246 | -40.3% |
| Other amounts payable | 47/48 | €5,708 | €7,308 | +€1,600 | +28.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,044 | €6,044 | = | 0.0% |
| Other operating charges | 640/8 | €817 | €562 | -€255 | -31.2% |
| Gross operating margin | 9900 | €7,518 | €3,156 | -€4,363 | -58.0% |
| Operating profit (loss) | 9901 | €658 | -€3,450 | -€4,108 | |
| Financial charges | 65/66B | €646 | €497 | -€149 | -23.1% |
| Recurring financial charges | 65 | €646 | €497 | -€149 | -23.1% |
| Profit (loss) for the period before taxes | 9903 | €12 | -€3,947 | -€3,959 | |
| Income taxes | 67/77 | €1,995 | €59 | -€1,935 | -97.0% |
| Profit (loss) for the period | 9904 | -€1,983 | -€4,007 | -€2,024 | -102.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,983 | -€4,007 | -€2,024 | -102.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.