SafetyVision: 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.
SafetyVision
Largest movements
- Stocks and contracts +€182,058
up €182,058 (+87.8%), from €207,277 to €389,334
- Receivables within one year +€176,263
up €176,263 (+1984.1%), from €8,884 to €185,147
of which Trade receivables: +€184,193
- Deferred charges and accrued income +€25,787
up €25,787 (+1101.8%), from €2,340 to €28,127
- Intangible fixed assets +€16,821
new in 2025: €16,821
- Cash -€12,918
down €12,918 (-97.0%), from €13,315 to €397
mainly Short-term financial debts (-€193,553) and Stocks and contracts (-€182,058)
- Trade debts +€404,735
up €404,735 (+146.8%), from €275,661 to €680,396
- Short-term financial debts -€193,553
down €193,553 (-39.2%), from €493,553 to €300,000
- Debts after one year +€63,191
up €63,191 (+32.2%), from €196,209 to €259,400
of which Other amounts payable: +€75,102
- Other debts +€48,966
up €48,966 (+89.2%), from €54,896 to €103,861
- Current portion of long-term debt +€41,264
up €41,264 (+53.5%), from €77,109 to €118,374
- Gross operating margin +€326,970
up €326,970, from -€283,304 to €43,666
- Financial charges -€5,501
down €5,501 (-16.4%), from €33,585 to €28,084
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 | €232,706 | €620,442 | +€387,735 | +166.6% |
| Fixed assets | 21/28 | €890 | €17,437 | +€16,547 | +1858.6% |
| Intangible fixed assets | 21 | - | €16,821 | +€16,821 | |
| Tangible fixed assets | 22/27 | €890 | €616 | -€274 | -30.8% |
| Plant, machinery and equipment | 23 | €890 | €616 | -€274 | -30.8% |
| Current assets | 29/58 | €231,816 | €603,005 | +€371,189 | +160.1% |
| Stocks and contracts in progress | 3 | €207,277 | €389,334 | +€182,058 | +87.8% |
| Stocks | 30/36 | €207,277 | €389,334 | +€182,058 | +87.8% |
| Amounts receivable within one year | 40/41 | €8,884 | €185,147 | +€176,263 | +1984.1% |
| Trade receivables | 40 | €25 | €184,219 | +€184,193 | +722893.1% |
| Other amounts receivable | 41 | €8,858 | €928 | -€7,930 | -89.5% |
| Cash at bank and in hand | 54/58 | €13,315 | €397 | -€12,918 | -97.0% |
| Deferred charges and accrued income | 490/1 | €2,340 | €28,127 | +€25,787 | +1101.8% |
| Total equity and liabilities | 10/49 | €232,706 | €620,442 | +€387,735 | +166.6% |
| Equity | 10/15 | -€865,515 | -€852,925 | +€12,589 | +1.5% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€965,515 | -€952,925 | +€12,589 | +1.3% |
| Amounts payable | 17/49 | €1,098,221 | €1,473,367 | +€375,146 | +34.2% |
| Amounts payable after more than one year | 17 | €196,209 | €259,400 | +€63,191 | +32.2% |
| Financial debts | 170/4 | €61,209 | €49,298 | -€11,911 | -19.5% |
| Other amounts payable | 178/9 | €135,000 | €210,102 | +€75,102 | +55.6% |
| Amounts payable within one year | 42/48 | €901,218 | €1,212,117 | +€310,899 | +34.5% |
| Current portion of amounts payable after more than one year | 42 | €77,109 | €118,374 | +€41,264 | +53.5% |
| Financial debts | 43 | €493,553 | €300,000 | -€193,553 | -39.2% |
| Credit institutions | 430/8 | €493,553 | €300,000 | -€193,553 | -39.2% |
| Trade debts | 44 | €275,661 | €680,396 | +€404,735 | +146.8% |
| Suppliers | 440/4 | €275,661 | €680,396 | +€404,735 | +146.8% |
| Taxes, remuneration and social security | 45 | - | €9,486 | +€9,486 | |
| Taxes | 450/3 | - | €9,486 | +€9,486 | |
| Other amounts payable | 47/48 | €54,896 | €103,861 | +€48,966 | +89.2% |
| Accrued charges and deferred income | 492/3 | €794 | €1,850 | +€1,056 | +133.0% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €267 | €0 | -€267 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €342 | €2,946 | +€2,603 | +760.2% |
| Other operating charges | 640/8 | €2,260 | €685 | -€1,576 | -69.7% |
| Gross operating margin | 9900 | -€283,304 | €43,666 | +€326,970 | |
| Operating profit (loss) | 9901 | -€286,173 | €40,036 | +€326,209 | |
| Financial income | 75/76B | €357 | €637 | +€280 | +78.4% |
| Recurring financial income | 75 | €357 | €637 | +€280 | +78.4% |
| Financial charges | 65/66B | €33,585 | €28,084 | -€5,501 | -16.4% |
| Recurring financial charges | 65 | €33,585 | €28,084 | -€5,501 | -16.4% |
| Profit (loss) for the period before taxes | 9903 | -€319,400 | €12,589 | +€331,990 | |
| Income taxes | 67/77 | -€3 | €0 | +€3 | |
| Profit (loss) for the period | 9904 | -€319,397 | €12,589 | +€331,987 | |
| Profit (loss) for the period to be appropriated | 9905 | -€319,397 | €12,589 | +€331,987 |
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 10 October 2026 via checked.be.