SAFE-T DRIVE: 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-T DRIVE
Largest movements
- Receivables within one year +€7,095
up €7,095 (+589%), from €1,204 to €8,299
of which Trade receivables: +€6,793
- Tangible fixed assets -€585
down €585 (-41.3%), from €1,419 to €833
- Cash -€467
down €467 (-1.9%), from €24,754 to €24,287
mainly Receivables within one year (-€7,095) and Tax, wage and social debts (-€1,410)
- Profit (loss) carried forward +€4,544
up €4,544 (+115%), from €3,943 to €8,487
- Trade debts +€2,928
up €2,928 (+87.1%), from €3,362 to €6,290
- Tax, wage and social debts -€1,410
no longer reported in 2025 (was €1,410)
- Depreciation +€381
up €381 (+187%), from €204 to €585
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 | €27,377 | €33,420 | +€6,042 | +22.1% |
| Fixed assets | 21/28 | €1,419 | €833 | -€585 | -41.3% |
| Tangible fixed assets | 22/27 | €1,419 | €833 | -€585 | -41.3% |
| Furniture and vehicles | 24 | €1,419 | €833 | -€585 | -41.3% |
| Current assets | 29/58 | €25,958 | €32,586 | +€6,628 | +25.5% |
| Amounts receivable within one year | 40/41 | €1,204 | €8,299 | +€7,095 | +589% |
| Trade receivables | 40 | €703 | €7,496 | +€6,793 | +966% |
| Other amounts receivable | 41 | €501 | €803 | +€302 | +60.3% |
| Cash at bank and in hand | 54/58 | €24,754 | €24,287 | -€467 | -1.9% |
| Total equity and liabilities | 10/49 | €27,377 | €33,420 | +€6,042 | +22.1% |
| Equity | 10/15 | €22,543 | €27,087 | +€4,544 | +20.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,943 | €8,487 | +€4,544 | +115% |
| Amounts payable | 17/49 | €4,834 | €6,332 | +€1,498 | +31.0% |
| Amounts payable within one year | 42/48 | €4,834 | €6,332 | +€1,498 | +31.0% |
| Trade debts | 44 | €3,362 | €6,290 | +€2,928 | +87.1% |
| Suppliers | 440/4 | €3,362 | €6,290 | +€2,928 | +87.1% |
| Taxes, remuneration and social security | 45 | €1,410 | - | -€1,410 | |
| Taxes | 450/3 | €1,410 | - | -€1,410 | |
| Other amounts payable | 47/48 | €63 | €43 | -€20 | -31.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €204 | €585 | +€381 | +187% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €5,790 | €5,769 | -€21 | -0.4% |
| Operating profit (loss) | 9901 | €5,199 | €4,784 | -€414 | -8.0% |
| Financial charges | 65/66B | €223 | €240 | +€17 | +7.6% |
| Recurring financial charges | 65 | €223 | €240 | +€17 | +7.6% |
| Profit (loss) for the period before taxes | 9903 | €4,976 | €4,544 | -€431 | -8.7% |
| Profit (loss) for the period | 9904 | €4,976 | €4,544 | -€431 | -8.7% |
| Profit (loss) for the period to be appropriated | 9905 | €4,976 | €4,544 | -€431 | -8.7% |
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.