SAFETY TECHNICS: 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 TECHNICS
Largest movements
- Receivables within one year +€36,476
up €36,476 (+40.5%), from €90,083 to €126,559
of which Other amounts receivable: +€36,810
- Tangible fixed assets -€11,736
down €11,736 (-27.9%), from €42,056 to €30,320
- Stocks and contracts -€8,870
down €8,870 (-37.2%), from €23,870 to €15,000
- Cash +€4,930
up €4,930 (+4.7%), from €104,222 to €109,152
mainly Net result for the year (+€48,564) and Stocks and contracts (+€8,870)
- Reserves +€48,564
up €48,564 (+27.9%), from €174,192 to €222,755
- Trade debts -€11,984
down €11,984 (-27.4%), from €43,696 to €31,712
- Debts after one year -€7,379
down €7,379 (-34.1%), from €21,623 to €14,245
- Tax, wage and social debts -€5,347
down €5,347 (-42.8%), from €12,494 to €7,147
of which Remuneration and social security: -€4,128
- Staff costs +€29,902
up €29,902 (+49.8%), from €60,029 to €89,931
- Gross operating margin +€21,418
up €21,418 (+12.2%), from €175,123 to €196,541
- Other operating charges +€13,478
up €13,478 (+167%), from €8,051 to €21,529
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 | €267,450 | €291,593 | +€24,143 | +9.0% |
| Fixed assets | 21/28 | €42,956 | €31,745 | -€11,211 | -26.1% |
| Tangible fixed assets | 22/27 | €42,056 | €30,320 | -€11,736 | -27.9% |
| Furniture and vehicles | 24 | €42,056 | €30,320 | -€11,736 | -27.9% |
| Financial fixed assets | 28 | €900 | €1,425 | +€525 | +58.3% |
| Current assets | 29/58 | €224,494 | €259,848 | +€35,354 | +15.7% |
| Stocks and contracts in progress | 3 | €23,870 | €15,000 | -€8,870 | -37.2% |
| Stocks | 30/36 | €23,870 | €15,000 | -€8,870 | -37.2% |
| Amounts receivable within one year | 40/41 | €90,083 | €126,559 | +€36,476 | +40.5% |
| Trade receivables | 40 | €81,736 | €81,402 | -€334 | -0.4% |
| Other amounts receivable | 41 | €8,348 | €45,158 | +€36,810 | +441% |
| Cash at bank and in hand | 54/58 | €104,222 | €109,152 | +€4,930 | +4.7% |
| Deferred charges and accrued income | 490/1 | €6,320 | €9,137 | +€2,817 | +44.6% |
| Total equity and liabilities | 10/49 | €267,450 | €291,593 | +€24,143 | +9.0% |
| Equity | 10/15 | €180,392 | €228,955 | +€48,564 | +26.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €174,192 | €222,755 | +€48,564 | +27.9% |
| Distributable reserves | 133 | €174,192 | €222,755 | +€48,564 | +27.9% |
| Amounts payable | 17/49 | €87,058 | €62,638 | -€24,421 | -28.1% |
| Amounts payable after more than one year | 17 | €21,623 | €14,245 | -€7,379 | -34.1% |
| Financial debts | 170/4 | €21,623 | €14,245 | -€7,379 | -34.1% |
| Amounts payable within one year | 42/48 | €65,435 | €48,393 | -€17,042 | -26.0% |
| Current portion of amounts payable after more than one year | 42 | €7,116 | €7,379 | +€263 | +3.7% |
| Financial debts | 43 | €2,042 | €2,069 | +€27 | +1.3% |
| Other loans | 439 | €2,042 | €2,069 | +€27 | +1.3% |
| Trade debts | 44 | €43,696 | €31,712 | -€11,984 | -27.4% |
| Suppliers | 440/4 | €43,696 | €31,712 | -€11,984 | -27.4% |
| Taxes, remuneration and social security | 45 | €12,494 | €7,147 | -€5,347 | -42.8% |
| Taxes | 450/3 | €3,468 | €2,250 | -€1,218 | -35.1% |
| Remuneration and social security | 454/9 | €9,026 | €4,898 | -€4,128 | -45.7% |
| Other amounts payable | 47/48 | €87 | €86 | -€1 | -1.4% |
| Remuneration, social security and pensions | 62 | €60,029 | €89,931 | +€29,902 | +49.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,415 | €8,244 | +€1,829 | +28.5% |
| Other operating charges | 640/8 | €8,051 | €21,529 | +€13,478 | +167% |
| Gross operating margin | 9900 | €175,123 | €196,541 | +€21,418 | +12.2% |
| Operating profit (loss) | 9901 | €100,629 | €76,836 | -€23,792 | -23.6% |
| Financial income | 75/76B | €300 | €582 | +€282 | +94.1% |
| Recurring financial income | 75 | €300 | €582 | +€282 | +94.1% |
| Financial charges | 65/66B | €920 | €1,516 | +€597 | +64.9% |
| Recurring financial charges | 65 | €920 | €1,516 | +€597 | +64.9% |
| Profit (loss) for the period before taxes | 9903 | €100,009 | €75,902 | -€24,106 | -24.1% |
| Income taxes | 67/77 | €26,250 | €27,339 | +€1,089 | +4.1% |
| Profit (loss) for the period | 9904 | €73,759 | €48,564 | -€25,196 | -34.2% |
| Profit (loss) for the period to be appropriated | 9905 | €73,759 | €48,564 | -€25,196 | -34.2% |
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 17 October 2026 via checked.be.