Safi’s Shop: what changed
Safi’s Shop
Largest movements
- Stocks and contracts +€39,196
up €39,196 (+523%), from €7,500 to €46,696
- Cash +€38,518
up €38,518 (+35,701%), from €108 to €38,626
mainly Net result for the year (+€33,745) and Current portion of long-term debt (+€26,350)
- Receivables within one year +€10,564
up €10,564 (+146%), from €7,254 to €17,818
of which Other amounts receivable: +€14,871
- Formation expenses -€4,500
down €4,500 (-10.4%), from €43,126 to €38,626
- Financial fixed assets +€3,755
up €3,755 (+46.0%), from €8,170 to €11,925
- Profit (loss) carried forward +€33,745
up €33,745 (+99.9%), from -€33,770 to -€26
- Current portion of long-term debt +€26,350
new in 2025: €26,350
- Trade debts +€18,494
up €18,494 (+667%), from €2,774 to €21,268
- Tax, wage and social debts +€9,684
up €9,684 (+213%), from €4,544 to €14,228
- Other debts -€3,687
down €3,687 (-5.4%), from €68,629 to €64,942
- Gross operating margin +€51,830
up €51,830 (+629%), from €8,236 to €60,066
- Taxes +€11,586
up €11,586 (+761%), from €1,522 to €13,108
- Financial charges +€7,314
up €7,314, from -€1,138 to €6,176
- Depreciation +€2,626
up €2,626 (+140%), from €1,874 to €4,500
- Other operating charges +€2,098
up €2,098 (+473%), from €444 to €2,542
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €66,158 | €153,691 | +€87,533 | +132% |
| Formation expenses | 20 | €43,126 | €38,626 | -€4,500 | -10.4% |
| Fixed assets | 21/28 | €8,170 | €11,925 | +€3,755 | +46.0% |
| Financial fixed assets | 28 | €8,170 | €11,925 | +€3,755 | +46.0% |
| Current assets | 29/58 | €14,862 | €103,140 | +€88,278 | +594% |
| Stocks and contracts in progress | 3 | €7,500 | €46,696 | +€39,196 | +523% |
| Stocks | 30/36 | €7,500 | €46,696 | +€39,196 | +523% |
| Amounts receivable within one year | 40/41 | €7,254 | €17,818 | +€10,564 | +146% |
| Trade receivables | 40 | €7,254 | €2,947 | -€4,307 | -59.4% |
| Other amounts receivable | 41 | - | €14,871 | +€14,871 | |
| Cash at bank and in hand | 54/58 | €108 | €38,626 | +€38,518 | +35,701% |
| Total equity and liabilities | 10/49 | €66,158 | €153,691 | +€87,533 | +132% |
| Equity | 10/15 | -€9,790 | €23,955 | +€33,745 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €5,381 | €5,381 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €5,381 | €5,381 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€33,770 | -€26 | +€33,745 | +99.9% |
| Amounts payable | 17/49 | €75,948 | €129,736 | +€53,789 | +70.8% |
| Amounts payable within one year | 42/48 | €75,948 | €126,789 | +€50,842 | +66.9% |
| Current portion of amounts payable after more than one year | 42 | - | €26,350 | +€26,350 | |
| Trade debts | 44 | €2,774 | €21,268 | +€18,494 | +667% |
| Suppliers | 440/4 | €2,774 | €21,268 | +€18,494 | +667% |
| Taxes, remuneration and social security | 45 | €4,544 | €14,228 | +€9,684 | +213% |
| Taxes | 450/3 | €4,544 | €14,228 | +€9,684 | +213% |
| Other amounts payable | 47/48 | €68,629 | €64,942 | -€3,687 | -5.4% |
| Accrued charges and deferred income | 492/3 | - | €2,947 | +€2,947 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,874 | €4,500 | +€2,626 | +140% |
| Other operating charges | 640/8 | €444 | €2,542 | +€2,098 | +473% |
| Gross operating margin | 9900 | €8,236 | €60,066 | +€51,830 | +629% |
| Operating profit (loss) | 9901 | €5,918 | €53,024 | +€47,106 | +796% |
| Financial income | 75/76B | €4 | €5 | +€1 | +27.9% |
| Recurring financial income | 75 | €4 | €5 | +€1 | +27.9% |
| Financial charges | 65/66B | -€1,138 | €6,176 | +€7,314 | |
| Recurring financial charges | 65 | -€1,138 | €6,176 | +€7,314 | |
| Profit (loss) for the period before taxes | 9903 | €7,060 | €46,853 | +€39,792 | +564% |
| Income taxes | 67/77 | €1,522 | €13,108 | +€11,586 | +761% |
| Profit (loss) for the period | 9904 | €5,539 | €33,745 | +€28,206 | +509% |
| Profit (loss) for the period to be appropriated | 9905 | €5,539 | €33,745 | +€28,206 | +509% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.