SAFE STORE GENT: 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 STORE GENT
Largest movements
- Cash -€39,740
down €39,740 (-90.6%), from €43,860 to €4,119
mainly Net result for the year (-€27,336) and Receivables within one year (-€21,260)
- Tangible fixed assets -€21,331
down €21,331 (-6.7%), from €320,303 to €298,973
of which Other tangible fixed assets: -€21,331
- Receivables within one year +€21,260
up €21,260 (+91.5%), from €23,246 to €44,506
of which Trade receivables: +€25,760
- Profit (loss) carried forward -€27,336
new in 2025: -€27,336
- Trade debts -€15,600
down €15,600 (-78.0%), from €19,997 to €4,397
- Other debts +€4,902
up €4,902 (+2.0%), from €245,076 to €249,978
- Gross operating margin -€19,270
down €19,270 (-98.4%), from €19,576 to €305
- Depreciation -€6,034
down €6,034 (-22.0%), from €27,364 to €21,331
- Financial income +€236
up €236 (+54.8%), from €431 to €667
- Other operating charges -€208
down €208 (-10.3%), from €2,024 to €1,816
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 | €398,965 | €363,113 | -€35,852 | -9.0% |
| Fixed assets | 21/28 | €330,653 | €309,323 | -€21,331 | -6.5% |
| Tangible fixed assets | 22/27 | €320,303 | €298,973 | -€21,331 | -6.7% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Other tangible fixed assets | 26 | €320,303 | €298,973 | -€21,331 | -6.7% |
| Financial fixed assets | 28 | €10,350 | €10,350 | = | 0.0% |
| Current assets | 29/58 | €68,312 | €53,790 | -€14,522 | -21.3% |
| Amounts receivable within one year | 40/41 | €23,246 | €44,506 | +€21,260 | +91.5% |
| Trade receivables | 40 | €18,746 | €44,506 | +€25,760 | +137% |
| Other amounts receivable | 41 | €4,500 | €0 | -€4,500 | -100% |
| Cash at bank and in hand | 54/58 | €43,860 | €4,119 | -€39,740 | -90.6% |
| Deferred charges and accrued income | 490/1 | €1,206 | €5,164 | +€3,958 | +328% |
| Total equity and liabilities | 10/49 | €398,965 | €363,113 | -€35,852 | -9.0% |
| Equity | 10/15 | €104,660 | €77,324 | -€27,336 | -26.1% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €4,660 | €4,660 | = | 0.0% |
| Distributable reserves | 133 | €4,660 | €4,660 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€27,336 | -€27,336 | |
| Amounts payable | 17/49 | €294,305 | €285,788 | -€8,517 | -2.9% |
| Amounts payable within one year | 42/48 | €277,350 | €266,989 | -€10,362 | -3.7% |
| Trade debts | 44 | €19,997 | €4,397 | -€15,600 | -78.0% |
| Suppliers | 440/4 | €19,997 | €4,397 | -€15,600 | -78.0% |
| Taxes, remuneration and social security | 45 | €12,277 | €12,614 | +€337 | +2.7% |
| Taxes | 450/3 | €12,277 | €12,614 | +€337 | +2.7% |
| Other amounts payable | 47/48 | €245,076 | €249,978 | +€4,902 | +2.0% |
| Accrued charges and deferred income | 492/3 | €16,954 | €18,800 | +€1,845 | +10.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,364 | €21,331 | -€6,034 | -22.0% |
| Other operating charges | 640/8 | €2,024 | €1,816 | -€208 | -10.3% |
| Gross operating margin | 9900 | €19,576 | €305 | -€19,270 | -98.4% |
| Operating profit (loss) | 9901 | -€9,812 | -€22,842 | -€13,029 | -133% |
| Financial income | 75/76B | €431 | €667 | +€236 | +54.8% |
| Recurring financial income | 75 | €431 | €667 | +€236 | +54.8% |
| Financial charges | 65/66B | €5,080 | €5,161 | +€81 | +1.6% |
| Recurring financial charges | 65 | €5,080 | €5,161 | +€81 | +1.6% |
| Profit (loss) for the period before taxes | 9903 | -€14,462 | -€27,336 | -€12,874 | -89.0% |
| Profit (loss) for the period | 9904 | -€14,462 | -€27,336 | -€12,874 | -89.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,462 | -€27,336 | -€12,874 | -89.0% |
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 19 October 2026 via checked.be.