SAFETY FIRST: what changed
Two fiscal 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 FIRST
Largest movements
- Receivables within one year +€49,490
up €49,490 (+22.6%), from €218,663 to €268,153
of which Trade receivables: +€55,000
- Trade debts +€49,945
up €49,945 (+1166.5%), from €4,281 to €54,226
- Purchases and services +€49,768
up €49,768 (+343.6%), from €14,485 to €64,253
- Turnover +€40,000
up €40,000 (+266.7%), from €15,000 to €55,000
- Gross operating margin -€9,768
down €9,768, from €515 to -€9,253
- Financial income -€2,992
down €2,992 (-27.2%), from €11,020 to €8,028
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.
Cash bridge derived
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 | €220,272 | €268,255 | +€47,984 | +21.8% |
| Current assets | 29/58 | €220,272 | €268,255 | +€47,984 | +21.8% |
| Amounts receivable within one year | 40/41 | €218,663 | €268,153 | +€49,490 | +22.6% |
| Trade receivables | 40 | €23,624 | €78,624 | +€55,000 | +232.8% |
| Other amounts receivable | 41 | €195,039 | €189,529 | -€5,510 | -2.8% |
| Cash at bank and in hand | 54/58 | €1,609 | €102 | -€1,507 | -93.7% |
| Total equity and liabilities | 10/49 | €220,272 | €268,255 | +€47,984 | +21.8% |
| Equity | 10/15 | €215,990 | €214,029 | -€1,961 | -0.9% |
| Contributions | 10/11 | €68,171 | €68,171 | = | 0.0% |
| Capital | 10 | €68,171 | €68,171 | = | 0.0% |
| Issued capital | 100 | €123,947 | €123,947 | = | 0.0% |
| Uncalled capital | 101 | €55,776 | €55,776 | = | 0.0% |
| Reserves | 13 | €12,395 | €12,395 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,395 | €12,395 | = | 0.0% |
| Legal reserve | 130 | €12,395 | €12,395 | = | 0.0% |
| Profit (loss) carried forward | 14 | €135,425 | €133,464 | -€1,961 | -1.4% |
| Amounts payable | 17/49 | €4,281 | €54,226 | +€49,945 | +1166.5% |
| Amounts payable within one year | 42/48 | €4,281 | €54,226 | +€49,945 | +1166.5% |
| Trade debts | 44 | €4,281 | €54,226 | +€49,945 | +1166.5% |
| Suppliers | 440/4 | €4,281 | €54,226 | +€49,945 | +1166.5% |
| Turnover | 70 | €15,000 | €55,000 | +€40,000 | +266.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €14,485 | €64,253 | +€49,768 | +343.6% |
| Remuneration, social security and pensions | 62 | -€162 | - | +€162 | |
| Other operating charges | 640/8 | €481 | €400 | -€81 | -16.9% |
| Gross operating margin | 9900 | €515 | -€9,253 | -€9,768 | |
| Operating profit (loss) | 9901 | €195 | -€9,653 | -€9,848 | |
| Financial income | 75/76B | €11,020 | €8,028 | -€2,992 | -27.2% |
| Recurring financial income | 75 | €11,020 | €8,028 | -€2,992 | -27.2% |
| Financial charges | 65/66B | €578 | €336 | -€242 | -41.8% |
| Recurring financial charges | 65 | €578 | €336 | -€242 | -41.8% |
| Profit (loss) for the period before taxes | 9903 | €10,637 | -€1,961 | -€12,598 | |
| Profit (loss) for the period | 9904 | €10,637 | -€1,961 | -€12,598 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,637 | -€1,961 | -€12,598 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.