SAFE ZONES: 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 ZONES
Largest movements
- Cash -€21,542
down €21,542 (-81.7%), from €26,380 to €4,839
mainly Other debts (-€21,694) and Tax, wage and social debts (-€3,917)
- Receivables within one year +€2,547
up €2,547 (+32.2%), from €7,907 to €10,454
of which Trade receivables: +€4,574
- Other debts -€21,694
down €21,694 (-58.5%), from €37,063 to €15,369
- Profit (loss) carried forward +€7,074
up €7,074 (+24.6%), from -€28,808 to -€21,734
- Tax, wage and social debts -€3,917
down €3,917 (-71.1%), from €5,508 to €1,591
- Trade debts -€458
down €458 (-23.8%), from €1,925 to €1,467
- Gross operating margin -€17,861
down €17,861 (-69.0%), from €25,873 to €8,012
- Financial charges +€367
up €367 (+719%), from €51 to €418
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 | €34,288 | €15,293 | -€18,995 | -55.4% |
| Current assets | 29/58 | €34,288 | €15,293 | -€18,995 | -55.4% |
| Amounts receivable within one year | 40/41 | €7,907 | €10,454 | +€2,547 | +32.2% |
| Trade receivables | 40 | €5,881 | €10,454 | +€4,574 | +77.8% |
| Other amounts receivable | 41 | €2,027 | €0 | -€2,027 | -100% |
| Cash at bank and in hand | 54/58 | €26,380 | €4,839 | -€21,542 | -81.7% |
| Total equity and liabilities | 10/49 | €34,288 | €15,293 | -€18,995 | -55.4% |
| Equity | 10/15 | -€10,208 | -€3,134 | +€7,074 | +69.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€28,808 | -€21,734 | +€7,074 | +24.6% |
| Amounts payable | 17/49 | €44,496 | €18,427 | -€26,069 | -58.6% |
| Amounts payable within one year | 42/48 | €44,496 | €18,427 | -€26,069 | -58.6% |
| Trade debts | 44 | €1,925 | €1,467 | -€458 | -23.8% |
| Suppliers | 440/4 | €1,925 | €1,467 | -€458 | -23.8% |
| Taxes, remuneration and social security | 45 | €5,508 | €1,591 | -€3,917 | -71.1% |
| Taxes | 450/3 | €5,508 | €1,591 | -€3,917 | -71.1% |
| Other amounts payable | 47/48 | €37,063 | €15,369 | -€21,694 | -58.5% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €25,873 | €8,012 | -€17,861 | -69.0% |
| Operating profit (loss) | 9901 | €25,368 | €7,492 | -€17,876 | -70.5% |
| Financial income | 75/76B | €8 | €0 | -€8 | -100% |
| Recurring financial income | 75 | €8 | €0 | -€8 | -100% |
| Financial charges | 65/66B | €51 | €418 | +€367 | +719% |
| Recurring financial charges | 65 | €51 | €418 | +€367 | +719% |
| Profit (loss) for the period before taxes | 9903 | €25,325 | €7,074 | -€18,251 | -72.1% |
| Profit (loss) for the period | 9904 | €25,325 | €7,074 | -€18,251 | -72.1% |
| Profit (loss) for the period to be appropriated | 9905 | €25,325 | €7,074 | -€18,251 | -72.1% |
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 28 October 2026 via checked.be.