SAFIGEST: 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.
What changed
SAFIGEST
NACE 73.200, Market research and public opinion polling
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€18,905
2024 · €21,149-€2,243
Equity
€40,245
2024 · €40,245
Cash
€34,473
2024 · €33,738+€735
Balance sheet total
€79,377
2024 · €94,774-€15,396
Largest movements
Assets
- Receivables within one year -€17,047
down €17,047 (-38.2%), from €44,645 to €27,598
of which Trade receivables: -€17,319
Equity and liabilities
- Other debts -€13,095
down €13,095 (-40.9%), from €32,000 to €18,905
- Tax, wage and social debts -€1,814
down €1,814 (-11.3%), from €16,087 to €14,273
of which Taxes: -€2,019
Income statement
- Gross operating margin -€1,706
down €1,706 (-2.0%), from €85,160 to €83,455
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.
Result 2024
€21,149
Gross operating margin
-€1,706
Staff costs
+€7
Depreciation
-€618
Other operating charges
+€13
Financial income
+€190
Financial charges
-€38
Taxes
-€92
Result 2025
€18,905
raises the resultlowers the result
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.
From operations
+€23,042
Investment
-€3,403
Financing
-€18,905
Cash 2024
€33,738
From operations (derived)
+€23,042
Net result for the year
+€18,905
Depreciation
+€2,604
Receivables within one year
+€17,047
Deferred charges and accrued income
-€117
Trade debts
-€487
Tax, wage and social debts
-€1,814
Other debts
-€13,095
Investment (derived)
-€3,403
Investment in fixed assets (net)
-€3,403
Financing
-€18,905
Contributions, distributions and other
-€18,905
Cash 2025
€34,473
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €94,774 | €79,377 | -€15,396 | -16.2% |
| Fixed assets | 21/28 | €7,727 | €8,525 | +€799 | +10.3% |
| Tangible fixed assets | 22/27 | €7,727 | €8,525 | +€799 | +10.3% |
| Plant, machinery and equipment | 23 | €2,017 | €1,345 | -€672 | -33.3% |
| Furniture and vehicles | 24 | €2,070 | €3,541 | +€1,471 | +71.1% |
| Other tangible fixed assets | 26 | €3,640 | €3,640 | = | 0.0% |
| Current assets | 29/58 | €87,047 | €70,852 | -€16,195 | -18.6% |
| Amounts receivable within one year | 40/41 | €44,645 | €27,598 | -€17,047 | -38.2% |
| Trade receivables | 40 | €44,492 | €27,173 | -€17,319 | -38.9% |
| Other amounts receivable | 41 | €153 | €425 | +€272 | +178% |
| Cash at bank and in hand | 54/58 | €33,738 | €34,473 | +€735 | +2.2% |
| Deferred charges and accrued income | 490/1 | €8,664 | €8,781 | +€117 | +1.4% |
| Total equity and liabilities | 10/49 | €94,774 | €79,377 | -€15,396 | -16.2% |
| Equity | 10/15 | €40,245 | €40,245 | = | 0.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,985 | €25,985 | = | 0.0% |
| Amounts payable | 17/49 | €54,528 | €39,132 | -€15,396 | -28.2% |
| Amounts payable within one year | 42/48 | €54,528 | €39,132 | -€15,396 | -28.2% |
| Trade debts | 44 | €6,441 | €5,954 | -€487 | -7.6% |
| Suppliers | 440/4 | €6,441 | €5,954 | -€487 | -7.6% |
| Taxes, remuneration and social security | 45 | €16,087 | €14,273 | -€1,814 | -11.3% |
| Taxes | 450/3 | €10,351 | €8,333 | -€2,019 | -19.5% |
| Remuneration and social security | 454/9 | €5,736 | €5,941 | +€204 | +3.6% |
| Other amounts payable | 47/48 | €32,000 | €18,905 | -€13,095 | -40.9% |
| Remuneration, social security and pensions | 62 | €52,586 | €52,578 | -€7 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,986 | €2,604 | +€618 | +31.1% |
| Other operating charges | 640/8 | €674 | €661 | -€13 | -1.9% |
| Gross operating margin | 9900 | €85,160 | €83,455 | -€1,706 | -2.0% |
| Operating profit (loss) | 9901 | €29,914 | €27,611 | -€2,304 | -7.7% |
| Financial income | 75/76B | €30 | €220 | +€190 | +631% |
| Recurring financial income | 75 | €30 | €220 | +€190 | +631% |
| Financial charges | 65/66B | €2,214 | €2,251 | +€38 | +1.7% |
| Recurring financial charges | 65 | €2,214 | €2,251 | +€38 | +1.7% |
| Profit (loss) for the period before taxes | 9903 | €27,731 | €25,579 | -€2,152 | -7.8% |
| Income taxes | 67/77 | €6,582 | €6,674 | +€92 | +1.4% |
| Profit (loss) for the period | 9904 | €21,149 | €18,905 | -€2,243 | -10.6% |
| Profit (loss) for the period to be appropriated | 9905 | €21,149 | €18,905 | -€2,243 | -10.6% |
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 31 October 2026 via checked.be.