Safe Information Technology: what changed
Two fiscal 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 Information Technology
Largest movements
- Tangible fixed assets -€4,763
down €4,763 (-7.4%), from €64,550 to €59,788
of which Furniture and vehicles: -€2,974
- Cash +€3,520
up €3,520 (+62.3%), from €5,648 to €9,167
mainly Net result for the year (+€13,851) and Depreciation (+€7,118)
- Receivables within one year +€3,041
up €3,041 (+19.6%), from €15,530 to €18,571
of which Trade receivables: +€4,794
- Debts after one year -€9,424
down €9,424 (-40.0%), from €23,560 to €14,136
- Profit (loss) carried forward +€7,969
up €7,969 (+27.6%), from €28,886 to €36,855
- Trade debts +€4,494
up €4,494 (+274.4%), from €1,638 to €6,132
- Current portion of long-term debt -€913
down €913 (-10.2%), from €8,989 to €8,076
- Gross operating margin +€12,284
up €12,284 (+66.6%), from €18,454 to €30,738
- Depreciation -€6,216
down €6,216 (-46.6%), from €13,334 to €7,118
- Taxes +€4,484
up €4,484 (+378.5%), from €1,185 to €5,669
- Financial charges +€1,289
up €1,289 (+49.7%), from €2,593 to €3,882
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 | €85,728 | €87,526 | +€1,798 | +2.1% |
| Fixed assets | 21/28 | €64,550 | €59,788 | -€4,763 | -7.4% |
| Tangible fixed assets | 22/27 | €64,550 | €59,788 | -€4,763 | -7.4% |
| Land and buildings | 22 | €39,463 | €38,050 | -€1,412 | -3.6% |
| Plant, machinery and equipment | 23 | €3,452 | €3,076 | -€376 | -10.9% |
| Furniture and vehicles | 24 | €21,635 | €18,661 | -€2,974 | -13.7% |
| Current assets | 29/58 | €21,178 | €27,738 | +€6,561 | +31.0% |
| Amounts receivable within one year | 40/41 | €15,530 | €18,571 | +€3,041 | +19.6% |
| Trade receivables | 40 | €10,650 | €15,444 | +€4,794 | +45.0% |
| Other amounts receivable | 41 | €4,880 | €3,127 | -€1,753 | -35.9% |
| Cash at bank and in hand | 54/58 | €5,648 | €9,167 | +€3,520 | +62.3% |
| Total equity and liabilities | 10/49 | €85,728 | €87,526 | +€1,798 | +2.1% |
| Equity | 10/15 | €45,038 | €53,007 | +€7,969 | +17.7% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €12,152 | €12,152 | = | 0.0% |
| Distributable reserves | 133 | €12,152 | €12,152 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,886 | €36,855 | +€7,969 | +27.6% |
| Amounts payable | 17/49 | €40,690 | €34,519 | -€6,171 | -15.2% |
| Amounts payable after more than one year | 17 | €23,560 | €14,136 | -€9,424 | -40.0% |
| Financial debts | 170/4 | €23,560 | €14,136 | -€9,424 | -40.0% |
| Amounts payable within one year | 42/48 | €17,051 | €20,299 | +€3,248 | +19.0% |
| Current portion of amounts payable after more than one year | 42 | €8,989 | €8,076 | -€913 | -10.2% |
| Trade debts | 44 | €1,638 | €6,132 | +€4,494 | +274.4% |
| Suppliers | 440/4 | €1,638 | €6,132 | +€4,494 | +274.4% |
| Taxes, remuneration and social security | 45 | €6,424 | €6,091 | -€333 | -5.2% |
| Taxes | 450/3 | €6,424 | €6,091 | -€333 | -5.2% |
| Accrued charges and deferred income | 492/3 | €79 | €84 | +€5 | +6.9% |
| Non-recurring operating income | 76A | - | €46 | +€46 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,334 | €7,118 | -€6,216 | -46.6% |
| Other operating charges | 640/8 | €524 | €235 | -€289 | -55.1% |
| Gross operating margin | 9900 | €18,454 | €30,738 | +€12,284 | +66.6% |
| Operating profit (loss) | 9901 | €4,595 | €23,385 | +€18,790 | +408.9% |
| Financial income | 75/76B | €211 | €18 | -€193 | -91.5% |
| Recurring financial income | 75 | €211 | €18 | -€193 | -91.5% |
| Financial charges | 65/66B | €2,593 | €3,882 | +€1,289 | +49.7% |
| Recurring financial charges | 65 | €2,593 | €3,882 | +€1,289 | +49.7% |
| Profit (loss) for the period before taxes | 9903 | €2,213 | €19,521 | +€17,307 | +782.0% |
| Income taxes | 67/77 | €1,185 | €5,669 | +€4,484 | +378.5% |
| Profit (loss) for the period | 9904 | €1,029 | €13,851 | +€12,823 | +1246.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,029 | €13,851 | +€12,823 | +1246.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.