Safi Tax: what changed
Safi Tax
Largest movements
- Receivables within one year +€16,427
up €16,427 (+270%), from €6,087 to €22,514
of which Trade receivables: +€11,665
- Cash -€1,684
down €1,684 (-54.7%), from €3,080 to €1,395
mainly Receivables within one year (-€16,427) and Other debts (-€104)
- Tangible fixed assets -€956
down €956 (-51.1%), from €1,872 to €916
- Deferred charges and accrued income -€665
no longer reported in 2025 (was €665)
- Profit (loss) carried forward +€8,917
up €8,917 (+74.4%), from -€11,988 to -€3,071
- Tax, wage and social debts +€2,443
up €2,443 (+114%), from €2,146 to €4,589
of which Taxes: +€2,343
- Trade debts +€1,867
up €1,867 (+93.0%), from €2,007 to €3,874
- Gross operating margin +€15,799
up €15,799, from -€4,417 to €11,382
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 | €11,703 | €24,825 | +€13,122 | +112% |
| Fixed assets | 21/28 | €1,872 | €916 | -€956 | -51.1% |
| Tangible fixed assets | 22/27 | €1,872 | €916 | -€956 | -51.1% |
| Furniture and vehicles | 24 | €1,872 | €916 | -€956 | -51.1% |
| Current assets | 29/58 | €9,831 | €23,909 | +€14,078 | +143% |
| Amounts receivable within one year | 40/41 | €6,087 | €22,514 | +€16,427 | +270% |
| Trade receivables | 40 | €3,475 | €15,139 | +€11,665 | +336% |
| Other amounts receivable | 41 | €2,612 | €7,375 | +€4,763 | +182% |
| Cash at bank and in hand | 54/58 | €3,080 | €1,395 | -€1,684 | -54.7% |
| Deferred charges and accrued income | 490/1 | €665 | - | -€665 | |
| Total equity and liabilities | 10/49 | €11,703 | €24,825 | +€13,122 | +112% |
| Equity | 10/15 | -€1,762 | €7,155 | +€8,917 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €226 | €226 | = | 0.0% |
| Distributable reserves | 133 | €226 | €226 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,988 | -€3,071 | +€8,917 | +74.4% |
| Amounts payable | 17/49 | €13,465 | €17,670 | +€4,205 | +31.2% |
| Amounts payable within one year | 42/48 | €13,465 | €17,670 | +€4,205 | +31.2% |
| Trade debts | 44 | €2,007 | €3,874 | +€1,867 | +93.0% |
| Suppliers | 440/4 | €2,007 | €3,874 | +€1,867 | +93.0% |
| Taxes, remuneration and social security | 45 | €2,146 | €4,589 | +€2,443 | +114% |
| Taxes | 450/3 | €646 | €2,989 | +€2,343 | +363% |
| Remuneration and social security | 454/9 | €1,500 | €1,600 | +€100 | +6.7% |
| Other amounts payable | 47/48 | €9,311 | €9,207 | -€104 | -1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €956 | €956 | = | 0.0% |
| Other operating charges | 640/8 | €1,265 | €1,356 | +€91 | +7.2% |
| Gross operating margin | 9900 | -€4,417 | €11,382 | +€15,799 | |
| Operating profit (loss) | 9901 | -€6,637 | €9,071 | +€15,708 | |
| Financial income | 75/76B | €0 | €0 | +€0 | +500% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +500% |
| Financial charges | 65/66B | €204 | €154 | -€50 | -24.6% |
| Recurring financial charges | 65 | €204 | €154 | -€50 | -24.6% |
| Profit (loss) for the period before taxes | 9903 | -€6,841 | €8,917 | +€15,758 | |
| Profit (loss) for the period | 9904 | -€6,841 | €8,917 | +€15,758 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,841 | €8,917 | +€15,758 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.