SAFECRAFT: 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.
SAFECRAFT
Largest movements
- Cash -€28,537
down €28,537 (-83.0%), from €34,365 to €5,829
mainly Net result for the year (-€34,329) and Debts after one year (-€14,154)
- Tangible fixed assets -€15,149
down €15,149 (-28.4%), from €53,364 to €38,215
- Receivables within one year -€5,003
down €5,003 (-32.3%), from €15,494 to €10,491
of which Trade receivables: -€5,087
- Deferred charges and accrued income -€3,021
no longer reported in 2025 (was €3,021)
- Profit (loss) carried forward -€34,329
down €34,329 (-60.0%), from -€57,201 to -€91,530
- Debts after one year -€14,154
down €14,154 (-37.4%), from €37,882 to €23,728
- Trade debts -€11,211
down €11,211 (-92.2%), from €12,156 to €945
- Tax, wage and social debts +€4,516
up €4,516 (+1,806%), from €250 to €4,766
of which Remuneration and social security: +€4,516
- Other debts +€2,672
up €2,672 (+239%), from €1,117 to €3,788
- Gross operating margin +€20,386
up €20,386, from -€17,221 to €3,165
- Staff costs +€12,247
up €12,247 (+4,899%), from €250 to €12,497
- Other operating charges -€3,321
down €3,321 (-78.7%), from €4,221 to €900
- Financial charges -€1,745
down €1,745 (-62.1%), from €2,810 to €1,064
- Depreciation +€178
up €178 (+1.1%), from €15,531 to €15,709
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 | €107,969 | €55,852 | -€52,117 | -48.3% |
| Fixed assets | 21/28 | €55,088 | €39,532 | -€15,556 | -28.2% |
| Intangible fixed assets | 21 | €1,667 | €1,107 | -€560 | -33.6% |
| Tangible fixed assets | 22/27 | €53,364 | €38,215 | -€15,149 | -28.4% |
| Furniture and vehicles | 24 | €53,364 | €38,215 | -€15,149 | -28.4% |
| Financial fixed assets | 28 | €57 | €210 | +€153 | +270% |
| Current assets | 29/58 | €52,881 | €16,320 | -€36,561 | -69.1% |
| Amounts receivable within one year | 40/41 | €15,494 | €10,491 | -€5,003 | -32.3% |
| Trade receivables | 40 | €14,703 | €9,616 | -€5,087 | -34.6% |
| Other amounts receivable | 41 | €792 | €876 | +€84 | +10.6% |
| Cash at bank and in hand | 54/58 | €34,365 | €5,829 | -€28,537 | -83.0% |
| Deferred charges and accrued income | 490/1 | €3,021 | - | -€3,021 | |
| Total equity and liabilities | 10/49 | €107,969 | €55,852 | -€52,117 | -48.3% |
| Equity | 10/15 | €42,799 | €8,470 | -€34,329 | -80.2% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€57,201 | -€91,530 | -€34,329 | -60.0% |
| Amounts payable | 17/49 | €65,170 | €47,382 | -€17,788 | -27.3% |
| Amounts payable after more than one year | 17 | €37,882 | €23,728 | -€14,154 | -37.4% |
| Financial debts | 170/4 | €37,882 | €23,728 | -€14,154 | -37.4% |
| Amounts payable within one year | 42/48 | €27,065 | €23,654 | -€3,412 | -12.6% |
| Current portion of amounts payable after more than one year | 42 | €13,543 | €14,154 | +€611 | +4.5% |
| Trade debts | 44 | €12,156 | €945 | -€11,211 | -92.2% |
| Suppliers | 440/4 | €12,156 | €945 | -€11,211 | -92.2% |
| Taxes, remuneration and social security | 45 | €250 | €4,766 | +€4,516 | +1,806% |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €250 | €4,766 | +€4,516 | +1,806% |
| Other amounts payable | 47/48 | €1,117 | €3,788 | +€2,672 | +239% |
| Accrued charges and deferred income | 492/3 | €222 | - | -€222 | |
| Remuneration, social security and pensions | 62 | €250 | €12,497 | +€12,247 | +4,899% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,531 | €15,709 | +€178 | +1.1% |
| Other operating charges | 640/8 | €4,221 | €900 | -€3,321 | -78.7% |
| Non-recurring operating charges | 66A | - | €7,323 | +€7,323 | |
| Gross operating margin | 9900 | -€17,221 | €3,165 | +€20,386 | |
| Operating profit (loss) | 9901 | -€37,224 | -€33,264 | +€3,960 | +10.6% |
| Financial income | 75/76B | €0 | €0 | -€0 | -97.6% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -97.6% |
| Financial charges | 65/66B | €2,810 | €1,064 | -€1,745 | -62.1% |
| Recurring financial charges | 65 | €2,810 | €1,064 | -€1,745 | -62.1% |
| Profit (loss) for the period before taxes | 9903 | -€40,033 | -€34,329 | +€5,705 | +14.2% |
| Profit (loss) for the period | 9904 | -€40,033 | -€34,329 | +€5,705 | +14.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€40,033 | -€34,329 | +€5,705 | +14.2% |
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 22 October 2026 via checked.be.