SAFER OFFICE: 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.
SAFER OFFICE
Largest movements
- Receivables within one year -€93,170
down €93,170 (-77.9%), from €119,560 to €26,389
of which Trade receivables: -€108,505
- Tangible fixed assets -€53,815
down €53,815 (-2.6%), from €2.0m to €2.0m
of which Land and buildings: -€53,815
- Trade debts -€247,933
down €247,933 (-78.4%), from €316,143 to €68,210
- Debts after one year +€36,772
up €36,772 (+2.3%), from €1.6m to €1.6m
- Reserves +€30,682
new in 2025: €30,682
- Gross operating margin +€68,470
up €68,470 (+69.2%), from €99,013 to €167,483
- Financial charges +€46,238
up €46,238 (+306%), from €15,106 to €61,345
- Depreciation +€35,391
up €35,391 (+137%), from €25,744 to €61,135
- Other operating charges +€11,701
up €11,701 (+4,855%), from €241 to €11,942
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 | €2,215,485 | €2,052,539 | -€162,946 | -7.4% |
| Fixed assets | 21/28 | €2,065,341 | €2,006,692 | -€58,648 | -2.8% |
| Intangible fixed assets | 21 | €21,790 | €16,957 | -€4,833 | -22.2% |
| Tangible fixed assets | 22/27 | €2,043,550 | €1,989,735 | -€53,815 | -2.6% |
| Land and buildings | 22 | €2,043,550 | €1,989,735 | -€53,815 | -2.6% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Current assets | 29/58 | €150,144 | €45,846 | -€104,298 | -69.5% |
| Amounts receivable within one year | 40/41 | €119,560 | €26,389 | -€93,170 | -77.9% |
| Trade receivables | 40 | €118,505 | €10,000 | -€108,505 | -91.6% |
| Other amounts receivable | 41 | €1,055 | €16,389 | +€15,335 | +1,454% |
| Cash at bank and in hand | 54/58 | €30,585 | €13,557 | -€17,028 | -55.7% |
| Deferred charges and accrued income | 490/1 | - | €5,900 | +€5,900 | |
| Total equity and liabilities | 10/49 | €2,215,485 | €2,052,539 | -€162,946 | -7.4% |
| Equity | 10/15 | €200,914 | €233,624 | +€32,709 | +16.3% |
| Contributions | 10/11 | €203,000 | €203,000 | = | 0.0% |
| Reserves | 13 | - | €30,682 | +€30,682 | |
| Distributable reserves | 133 | - | €30,682 | +€30,682 | |
| Profit (loss) carried forward | 14 | -€2,086 | -€58 | +€2,027 | +97.2% |
| Amounts payable | 17/49 | €2,014,571 | €1,818,915 | -€195,656 | -9.7% |
| Amounts payable after more than one year | 17 | €1,596,244 | €1,633,015 | +€36,772 | +2.3% |
| Financial debts | 170/4 | €1,596,244 | €1,633,015 | +€36,772 | +2.3% |
| Amounts payable within one year | 42/48 | €418,327 | €185,900 | -€232,427 | -55.6% |
| Current portion of amounts payable after more than one year | 42 | €90,910 | €108,434 | +€17,524 | +19.3% |
| Financial debts | 43 | - | €3,808 | +€3,808 | |
| Credit institutions | 430/8 | - | €3,808 | +€3,808 | |
| Trade debts | 44 | €316,143 | €68,210 | -€247,933 | -78.4% |
| Suppliers | 440/4 | €316,143 | €68,210 | -€247,933 | -78.4% |
| Taxes, remuneration and social security | 45 | €11,274 | €5,448 | -€5,826 | -51.7% |
| Taxes | 450/3 | €6,322 | €5,448 | -€874 | -13.8% |
| Remuneration and social security | 454/9 | €4,952 | €0 | -€4,952 | -100% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,744 | €61,135 | +€35,391 | +137% |
| Other operating charges | 640/8 | €241 | €11,942 | +€11,701 | +4,855% |
| Gross operating margin | 9900 | €99,013 | €167,483 | +€68,470 | +69.2% |
| Operating profit (loss) | 9901 | €73,028 | €94,405 | +€21,377 | +29.3% |
| Financial charges | 65/66B | €15,106 | €61,345 | +€46,238 | +306% |
| Recurring financial charges | 65 | €15,106 | €61,345 | +€46,238 | +306% |
| Profit (loss) for the period before taxes | 9903 | €57,922 | €33,061 | -€24,861 | -42.9% |
| Income taxes | 67/77 | - | €351 | +€351 | |
| Profit (loss) for the period | 9904 | €57,922 | €32,709 | -€25,212 | -43.5% |
| Profit (loss) for the period to be appropriated | 9905 | €57,922 | €32,709 | -€25,212 | -43.5% |
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.