SAFESKY: 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.
SAFESKY
Largest movements
- Cash +€42,014
up €42,014 (+63.0%), from €66,739 to €108,753
mainly Trade debts (+€54,592) and Depreciation (+€16,452)
- Intangible fixed assets -€16,452
down €16,452 (-14.0%), from €117,900 to €101,448
- Receivables within one year +€10,599
up €10,599 (+40.3%), from €26,282 to €36,881
of which Other amounts receivable: +€23,774
- Trade debts +€54,592
up €54,592 (+501%), from €10,898 to €65,490
- Profit (loss) carried forward -€18,431
down €18,431, from €16,253 to -€2,178
- Gross operating margin -€21,528
down €21,528, from €20,965 to -€562
- Taxes -€4,663
down €4,663 (-79.0%), from €5,905 to €1,242
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 | €210,922 | €247,082 | +€36,160 | +17.1% |
| Fixed assets | 21/28 | €117,900 | €101,448 | -€16,452 | -14.0% |
| Intangible fixed assets | 21 | €117,900 | €101,448 | -€16,452 | -14.0% |
| Current assets | 29/58 | €93,022 | €145,634 | +€52,612 | +56.6% |
| Amounts receivable within one year | 40/41 | €26,282 | €36,881 | +€10,599 | +40.3% |
| Trade receivables | 40 | €16,070 | €2,895 | -€13,175 | -82.0% |
| Other amounts receivable | 41 | €10,212 | €33,986 | +€23,774 | +233% |
| Cash at bank and in hand | 54/58 | €66,739 | €108,753 | +€42,014 | +63.0% |
| Total equity and liabilities | 10/49 | €210,922 | €247,082 | +€36,160 | +17.1% |
| Equity | 10/15 | €200,024 | €181,593 | -€18,431 | -9.2% |
| Contributions | 10/11 | €180,000 | €180,000 | = | 0.0% |
| Reserves | 13 | €3,771 | €3,771 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,771 | €3,771 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,771 | €3,771 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,253 | -€2,178 | -€18,431 | |
| Amounts payable | 17/49 | €10,898 | €65,490 | +€54,592 | +501% |
| Amounts payable within one year | 42/48 | €10,898 | €65,490 | +€54,592 | +501% |
| Trade debts | 44 | €10,898 | €65,490 | +€54,592 | +501% |
| Suppliers | 440/4 | €10,898 | €65,490 | +€54,592 | +501% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,452 | €16,452 | = | 0.0% |
| Gross operating margin | 9900 | €20,965 | -€562 | -€21,528 | |
| Operating profit (loss) | 9901 | €4,513 | -€17,014 | -€21,528 | |
| Financial charges | 65/66B | €169 | €175 | +€6 | +3.4% |
| Recurring financial charges | 65 | €169 | €175 | +€6 | +3.4% |
| Profit (loss) for the period before taxes | 9903 | €4,344 | -€17,189 | -€21,533 | |
| Income taxes | 67/77 | €5,905 | €1,242 | -€4,663 | -79.0% |
| Profit (loss) for the period | 9904 | -€1,561 | -€18,431 | -€16,871 | -1,081% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,561 | -€18,431 | -€16,871 | -1,081% |
Source: filed annual accounts (NBB), financial years ended 31 October 2024 and 31 October 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.