SAFE TRIP: 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 TRIP
Largest movements
- Receivables within one year +€67,118
up €67,118 (+15.5%), from €431,761 to €498,879
of which Other amounts receivable: +€91,124
- Cash -€29,275
down €29,275 (-30.7%), from €95,331 to €66,056
mainly Receivables within one year (-€67,118) and Tax, wage and social debts (-€831)
- Reserves +€33,845
up €33,845 (+5.2%), from €651,364 to €685,209
- Gross operating margin -€135,745
down €135,745 (-78.9%), from €172,052 to €36,307
- Taxes -€58,322
down €58,322 (-77.1%), from €75,675 to €17,354
- Financial income -€42,690
down €42,690 (-66.4%), from €64,259 to €21,570
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 | €689,207 | €722,142 | +€32,935 | +4.8% |
| Fixed assets | 21/28 | €162,115 | €157,208 | -€4,907 | -3.0% |
| Tangible fixed assets | 22/27 | €162,115 | €157,208 | -€4,907 | -3.0% |
| Land and buildings | 22 | €151,218 | €147,270 | -€3,947 | -2.6% |
| Plant, machinery and equipment | 23 | €2,471 | €1,510 | -€960 | -38.9% |
| Furniture and vehicles | 24 | €8,427 | €8,427 | = | 0.0% |
| Current assets | 29/58 | €527,092 | €564,935 | +€37,843 | +7.2% |
| Amounts receivable within one year | 40/41 | €431,761 | €498,879 | +€67,118 | +15.5% |
| Trade receivables | 40 | €24,015 | €9 | -€24,006 | -100.0% |
| Other amounts receivable | 41 | €407,746 | €498,870 | +€91,124 | +22.3% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €95,331 | €66,056 | -€29,275 | -30.7% |
| Total equity and liabilities | 10/49 | €689,207 | €722,142 | +€32,935 | +4.8% |
| Equity | 10/15 | €669,964 | €703,809 | +€33,845 | +5.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €651,364 | €685,209 | +€33,845 | +5.2% |
| Distributable reserves | 133 | €651,364 | €685,209 | +€33,845 | +5.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €19,243 | €18,333 | -€910 | -4.7% |
| Amounts payable within one year | 42/48 | €18,753 | €17,399 | -€1,354 | -7.2% |
| Current portion of amounts payable after more than one year | 42 | €1,950 | €1,950 | = | 0.0% |
| Trade debts | 44 | €523 | €0 | -€523 | -100% |
| Suppliers | 440/4 | €523 | €0 | -€523 | -100% |
| Taxes, remuneration and social security | 45 | €16,280 | €15,449 | -€831 | -5.1% |
| Taxes | 450/3 | €16,280 | €15,449 | -€831 | -5.1% |
| Accrued charges and deferred income | 492/3 | €490 | €934 | +€444 | +90.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,718 | €4,907 | -€811 | -14.2% |
| Other operating charges | 640/8 | €1,532 | €1,571 | +€39 | +2.6% |
| Gross operating margin | 9900 | €172,052 | €36,307 | -€135,745 | -78.9% |
| Operating profit (loss) | 9901 | €164,802 | €29,828 | -€134,974 | -81.9% |
| Financial income | 75/76B | €64,259 | €21,570 | -€42,690 | -66.4% |
| Recurring financial income | 75 | €64,259 | €21,570 | -€42,690 | -66.4% |
| Financial charges | 65/66B | €236 | €199 | -€37 | -15.5% |
| Recurring financial charges | 65 | €236 | €199 | -€37 | -15.5% |
| Profit (loss) for the period before taxes | 9903 | €228,826 | €51,199 | -€177,627 | -77.6% |
| Income taxes | 67/77 | €75,675 | €17,354 | -€58,322 | -77.1% |
| Profit (loss) for the period | 9904 | €153,150 | €33,845 | -€119,305 | -77.9% |
| Profit (loss) for the period to be appropriated | 9905 | €153,150 | €33,845 | -€119,305 | -77.9% |
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 15 October 2026 via checked.be.