SAFETY CONSULTANCY: 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.
SAFETY CONSULTANCY
Largest movements
- Cash -€427,614
down €427,614 (-82.1%), from €520,774 to €93,160
mainly Deferred charges and accrued income (-€337,519) and Receivables after one year (-€335,000)
- Deferred charges and accrued income +€337,519
up €337,519 (+4,545%), from €7,426 to €344,945
- Receivables after one year +€335,000
new in 2025: €335,000
- Receivables within one year +€143,944
up €143,944 (+150%), from €95,708 to €239,653
of which Other amounts receivable: +€129,277
- Tangible fixed assets -€39,718
down €39,718 (-27.6%), from €143,667 to €103,949
of which Furniture and vehicles: -€36,053
- Short-term financial debts +€150,000
new in 2025: €150,000
- Reserves +€120,000
up €120,000 (+16.6%), from €722,213 to €842,213
- Debts after one year +€72,933
up €72,933 (+98.8%), from €73,790 to €146,723
- Current portion of long-term debt +€29,717
up €29,717 (+112%), from €26,560 to €56,277
- Tax, wage and social debts -€24,974
down €24,974 (-52.5%), from €47,591 to €22,617
- Gross operating margin -€17,410
down €17,410 (-7.8%), from €223,430 to €206,020
- Depreciation +€14,630
up €14,630 (+58.3%), from €25,088 to €39,718
- Financial income +€10,303
up €10,303 (+197%), from €5,218 to €15,521
- Financial charges +€6,805
up €6,805 (+323%), from €2,109 to €8,914
- Taxes -€6,005
down €6,005 (-12.6%), from €47,569 to €41,564
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 | €1,016,041 | €1,381,786 | +€365,744 | +36.0% |
| Fixed assets | 21/28 | €143,707 | €104,239 | -€39,468 | -27.5% |
| Tangible fixed assets | 22/27 | €143,667 | €103,949 | -€39,718 | -27.6% |
| Plant, machinery and equipment | 23 | €5,622 | €1,956 | -€3,665 | -65.2% |
| Furniture and vehicles | 24 | €138,045 | €101,993 | -€36,053 | -26.1% |
| Financial fixed assets | 28 | €40 | €290 | +€250 | +625% |
| Current assets | 29/58 | €872,335 | €1,277,547 | +€405,212 | +46.5% |
| Amounts receivable after more than one year | 29 | - | €335,000 | +€335,000 | |
| Other amounts receivable | 291 | - | €335,000 | +€335,000 | |
| Amounts receivable within one year | 40/41 | €95,708 | €239,653 | +€143,944 | +150% |
| Trade receivables | 40 | €95,708 | €110,376 | +€14,667 | +15.3% |
| Other amounts receivable | 41 | €0 | €129,277 | +€129,277 | |
| Current investments | 50/53 | €248,427 | €264,789 | +€16,362 | +6.6% |
| Cash at bank and in hand | 54/58 | €520,774 | €93,160 | -€427,614 | -82.1% |
| Deferred charges and accrued income | 490/1 | €7,426 | €344,945 | +€337,519 | +4,545% |
| Total equity and liabilities | 10/49 | €1,016,041 | €1,381,786 | +€365,744 | +36.0% |
| Equity | 10/15 | €737,016 | €866,545 | +€129,530 | +17.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €722,213 | €842,213 | +€120,000 | +16.6% |
| Distributable reserves | 133 | €722,213 | €842,213 | +€120,000 | +16.6% |
| Profit (loss) carried forward | 14 | €8,603 | €18,132 | +€9,530 | +111% |
| Amounts payable | 17/49 | €279,026 | €515,240 | +€236,214 | +84.7% |
| Amounts payable after more than one year | 17 | €73,790 | €146,723 | +€72,933 | +98.8% |
| Financial debts | 170/4 | €73,790 | €146,723 | +€72,933 | +98.8% |
| Amounts payable within one year | 42/48 | €204,250 | €367,158 | +€162,908 | +79.8% |
| Current portion of amounts payable after more than one year | 42 | €26,560 | €56,277 | +€29,717 | +112% |
| Financial debts | 43 | - | €150,000 | +€150,000 | |
| Credit institutions | 430/8 | - | €150,000 | +€150,000 | |
| Trade debts | 44 | €33,429 | €27,799 | -€5,630 | -16.8% |
| Suppliers | 440/4 | €33,429 | €27,799 | -€5,630 | -16.8% |
| Taxes, remuneration and social security | 45 | €47,591 | €22,617 | -€24,974 | -52.5% |
| Taxes | 450/3 | €47,591 | €22,617 | -€24,974 | -52.5% |
| Other amounts payable | 47/48 | €96,670 | €110,465 | +€13,795 | +14.3% |
| Accrued charges and deferred income | 492/3 | €987 | €1,360 | +€374 | +37.9% |
| Non-recurring operating income | 76A | €181 | €0 | -€181 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,088 | €39,718 | +€14,630 | +58.3% |
| Other operating charges | 640/8 | €2,334 | €1,816 | -€518 | -22.2% |
| Gross operating margin | 9900 | €223,430 | €206,020 | -€17,410 | -7.8% |
| Operating profit (loss) | 9901 | €196,008 | €164,486 | -€31,522 | -16.1% |
| Financial income | 75/76B | €5,218 | €15,521 | +€10,303 | +197% |
| Recurring financial income | 75 | €5,218 | €15,521 | +€10,303 | +197% |
| Financial charges | 65/66B | €2,109 | €8,914 | +€6,805 | +323% |
| Recurring financial charges | 65 | €2,109 | €8,914 | +€6,805 | +323% |
| Profit (loss) for the period before taxes | 9903 | €199,117 | €171,093 | -€28,024 | -14.1% |
| Income taxes | 67/77 | €47,569 | €41,564 | -€6,005 | -12.6% |
| Profit (loss) for the period | 9904 | €151,548 | €129,530 | -€22,019 | -14.5% |
| Profit (loss) for the period to be appropriated | 9905 | €151,548 | €129,530 | -€22,019 | -14.5% |
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 26 October 2026 via checked.be.