SAFETY SUPPORT: 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 SUPPORT
Largest movements
- Financial fixed assets +€658,249
up €658,249 (+10341.7%), from €6,365 to €664,614
- Receivables after one year -€632,931
no longer reported in 2025 (was €632,931)
- Receivables within one year +€163,030
up €163,030 (+40.3%), from €404,559 to €567,589
of which Trade receivables: +€164,665
- Stocks and contracts +€86,143
up €86,143 (+50.4%), from €170,917 to €257,060
- Cash +€56,795
up €56,795 (+72.9%), from €77,860 to €134,654
mainly Receivables after one year (+€632,931) and Net result for the year (+€297,266)
- Reserves +€297,266
up €297,266 (+28.0%), from €1.1m to €1.4m
- Debts after one year +€90,238
new in 2025: €90,238
- Tax, wage and social debts -€58,054
down €58,054 (-32.0%), from €181,242 to €123,188
of which Taxes: -€93,307
- Trade debts +€41,226
up €41,226 (+33.9%), from €121,610 to €162,835
- Accrued charges and deferred income -€22,183
down €22,183 (-56.7%), from €39,147 to €16,964
- Gross operating margin +€144,078
up €144,078 (+19.0%), from €757,393 to €901,471
- Staff costs +€58,446
up €58,446 (+14.5%), from €402,086 to €460,532
- Financial income -€38,169
down €38,169 (-60.2%), from €63,407 to €25,238
of which Non-recurring financial income: -€43,269
- Write-downs +€14,449
up €14,449, from -€13,333 to €1,116
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 | €1,423,148 | €1,771,641 | +€348,493 | +24.5% |
| Fixed assets | 21/28 | €122,878 | €795,490 | +€672,612 | +547.4% |
| Tangible fixed assets | 22/27 | €116,513 | €130,877 | +€14,364 | +12.3% |
| Plant, machinery and equipment | 23 | €97,151 | €67,549 | -€29,602 | -30.5% |
| Furniture and vehicles | 24 | €2,911 | €3,820 | +€910 | +31.3% |
| Other tangible fixed assets | 26 | €16,451 | €59,507 | +€43,056 | +261.7% |
| Financial fixed assets | 28 | €6,365 | €664,614 | +€658,249 | +10341.7% |
| Current assets | 29/58 | €1,300,270 | €976,150 | -€324,120 | -24.9% |
| Amounts receivable after more than one year | 29 | €632,931 | - | -€632,931 | |
| Other amounts receivable | 291 | €632,931 | - | -€632,931 | |
| Stocks and contracts in progress | 3 | €170,917 | €257,060 | +€86,143 | +50.4% |
| Stocks | 30/36 | €170,917 | €257,060 | +€86,143 | +50.4% |
| Amounts receivable within one year | 40/41 | €404,559 | €567,589 | +€163,030 | +40.3% |
| Trade receivables | 40 | €397,386 | €562,051 | +€164,665 | +41.4% |
| Other amounts receivable | 41 | €7,173 | €5,538 | -€1,635 | -22.8% |
| Cash at bank and in hand | 54/58 | €77,860 | €134,654 | +€56,795 | +72.9% |
| Deferred charges and accrued income | 490/1 | €14,003 | €16,847 | +€2,844 | +20.3% |
| Total equity and liabilities | 10/49 | €1,423,148 | €1,771,641 | +€348,493 | +24.5% |
| Equity | 10/15 | €1,080,663 | €1,377,930 | +€297,266 | +27.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,062,063 | €1,359,330 | +€297,266 | +28.0% |
| Distributable reserves | 133 | €1,062,063 | €1,359,330 | +€297,266 | +28.0% |
| Amounts payable | 17/49 | €342,484 | €393,711 | +€51,227 | +15.0% |
| Amounts payable after more than one year | 17 | - | €90,238 | +€90,238 | |
| Financial debts | 170/4 | - | €90,238 | +€90,238 | |
| Amounts payable within one year | 42/48 | €303,337 | €286,509 | -€16,828 | -5.5% |
| Trade debts | 44 | €121,610 | €162,835 | +€41,226 | +33.9% |
| Suppliers | 440/4 | €121,610 | €162,835 | +€41,226 | +33.9% |
| Taxes, remuneration and social security | 45 | €181,242 | €123,188 | -€58,054 | -32.0% |
| Taxes | 450/3 | €160,338 | €67,031 | -€93,307 | -58.2% |
| Remuneration and social security | 454/9 | €20,904 | €56,157 | +€35,253 | +168.6% |
| Other amounts payable | 47/48 | €485 | €485 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €39,147 | €16,964 | -€22,183 | -56.7% |
| Remuneration, social security and pensions | 62 | €402,086 | €460,532 | +€58,446 | +14.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,943 | €41,369 | +€426 | +1.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€13,333 | €1,116 | +€14,449 | |
| Other operating charges | 640/8 | €6,226 | €12,910 | +€6,684 | +107.4% |
| Gross operating margin | 9900 | €757,393 | €901,471 | +€144,078 | +19.0% |
| Operating profit (loss) | 9901 | €321,471 | €385,544 | +€64,073 | +19.9% |
| Financial income | 75/76B | €63,407 | €25,238 | -€38,169 | -60.2% |
| Recurring financial income | 75 | €20,138 | €25,238 | +€5,100 | +25.3% |
| Non-recurring financial income | 76B | €43,269 | - | -€43,269 | |
| Financial charges | 65/66B | €963 | €5,312 | +€4,350 | +451.9% |
| Recurring financial charges | 65 | €963 | €5,312 | +€4,350 | +451.9% |
| Profit (loss) for the period before taxes | 9903 | €383,915 | €405,469 | +€21,554 | +5.6% |
| Income taxes | 67/77 | €101,132 | €108,203 | +€7,071 | +7.0% |
| Profit (loss) for the period | 9904 | €282,783 | €297,266 | +€14,483 | +5.1% |
| Profit (loss) for the period to be appropriated | 9905 | €282,783 | €297,266 | +€14,483 | +5.1% |
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 7 October 2026 via checked.be.