SAFETY LEADER: 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 LEADER
Largest movements
- Cash +€5,451
up €5,451 (+981%), from €556 to €6,007
mainly Other debts (+€4,512) and Tax, wage and social debts (+€4,373)
- Tangible fixed assets -€2,466
down €2,466 (-84.6%), from €2,916 to €449
of which Furniture and vehicles: -€2,173
- Stocks and contracts -€259
down €259 (-2.5%), from €10,381 to €10,122
- Trade debts -€6,211
down €6,211 (-43.2%), from €14,377 to €8,165
- Other debts +€4,512
up €4,512 (+30.5%), from €14,800 to €19,312
- Tax, wage and social debts +€4,373
up €4,373 (+112%), from €3,899 to €8,272
of which Remuneration and social security: +€2,295
- Profit (loss) carried forward +€916
up €916 (+4.6%), from -€19,737 to -€18,821
- Short-term financial debts -€750
no longer reported in 2025 (was €750)
- Gross operating margin +€15,425
up €15,425 (+812%), from €1,899 to €17,324
- Staff costs +€12,375
new in 2025: €12,375
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 | €14,088 | €16,928 | +€2,840 | +20.2% |
| Fixed assets | 21/28 | €3,014 | €547 | -€2,466 | -81.8% |
| Tangible fixed assets | 22/27 | €2,916 | €449 | -€2,466 | -84.6% |
| Plant, machinery and equipment | 23 | €293 | - | -€293 | |
| Furniture and vehicles | 24 | €2,623 | €449 | -€2,173 | -82.9% |
| Financial fixed assets | 28 | €98 | €98 | = | 0.0% |
| Current assets | 29/58 | €11,075 | €16,380 | +€5,306 | +47.9% |
| Stocks and contracts in progress | 3 | €10,381 | €10,122 | -€259 | -2.5% |
| Stocks | 30/36 | €10,381 | €10,122 | -€259 | -2.5% |
| Amounts receivable within one year | 40/41 | €138 | €251 | +€113 | +82.2% |
| Other amounts receivable | 41 | €138 | €251 | +€113 | +82.2% |
| Cash at bank and in hand | 54/58 | €556 | €6,007 | +€5,451 | +981% |
| Total equity and liabilities | 10/49 | €14,088 | €16,928 | +€2,840 | +20.2% |
| Equity | 10/15 | -€19,737 | -€18,821 | +€916 | +4.6% |
| Profit (loss) carried forward | 14 | -€19,737 | -€18,821 | +€916 | +4.6% |
| Amounts payable | 17/49 | €33,825 | €35,749 | +€1,923 | +5.7% |
| Amounts payable within one year | 42/48 | €33,825 | €35,749 | +€1,923 | +5.7% |
| Financial debts | 43 | €750 | - | -€750 | |
| Credit institutions | 430/8 | €750 | - | -€750 | |
| Trade debts | 44 | €14,377 | €8,165 | -€6,211 | -43.2% |
| Suppliers | 440/4 | €14,377 | €8,165 | -€6,211 | -43.2% |
| Taxes, remuneration and social security | 45 | €3,899 | €8,272 | +€4,373 | +112% |
| Taxes | 450/3 | €3,899 | €5,977 | +€2,078 | +53.3% |
| Remuneration and social security | 454/9 | - | €2,295 | +€2,295 | |
| Other amounts payable | 47/48 | €14,800 | €19,312 | +€4,512 | +30.5% |
| Remuneration, social security and pensions | 62 | - | €12,375 | +€12,375 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,553 | €2,466 | -€87 | -3.4% |
| Other operating charges | 640/8 | €867 | €886 | +€19 | +2.2% |
| Gross operating margin | 9900 | €1,899 | €17,324 | +€15,425 | +812% |
| Operating profit (loss) | 9901 | -€1,522 | €1,597 | +€3,119 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €625 | €681 | +€56 | +8.9% |
| Recurring financial charges | 65 | €625 | €681 | +€56 | +8.9% |
| Profit (loss) for the period before taxes | 9903 | -€2,147 | €916 | +€3,063 | |
| Profit (loss) for the period | 9904 | -€2,147 | €916 | +€3,063 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,147 | €916 | +€3,063 |
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 31 October 2026 via checked.be.