Safimmo: 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.
Safimmo
Largest movements
- Tangible fixed assets +€12,643
new in 2019: €12,643
- Receivables within one year -€2,261
down €2,261 (-17.9%), from €12,619 to €10,358
- Cash -€2,039
down €2,039 (-86.0%), from €2,370 to €331
mainly Investment in fixed assets (net) (-€12,643)
- Debts within one year +€6,972
up €6,972 (+59.2%), from €11,776 to €18,748
- Profit (loss) carried forward +€1,371
up €1,371 (+43.7%), from -€3,138 to -€1,767
- Gross operating margin -€7,291
down €7,291 (-74.4%), from €9,801 to €2,510
From the 2018 result to the 2019 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 2018 and 2019 balance sheets and the 2019 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2018 | 2019 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €14,989 | €23,332 | +€8,343 | +55.7% |
| Fixed assets | 21/28 | - | €12,643 | +€12,643 | |
| Tangible fixed assets | 22/27 | - | €12,643 | +€12,643 | |
| Current assets | 29/58 | €14,989 | €10,689 | -€4,300 | -28.7% |
| Amounts receivable within one year | 40/41 | €12,619 | €10,358 | -€2,261 | -17.9% |
| Cash at bank and in hand | 54/58 | €2,370 | €331 | -€2,039 | -86.0% |
| Total equity and liabilities | 10/49 | €14,989 | €23,332 | +€8,343 | +55.7% |
| Equity | 10/15 | €3,213 | €4,584 | +€1,371 | +42.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €151 | €151 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,138 | -€1,767 | +€1,371 | +43.7% |
| Amounts payable | 17/49 | €11,776 | €18,748 | +€6,972 | +59.2% |
| Amounts payable within one year | 42/48 | €11,776 | €18,748 | +€6,972 | +59.2% |
| Trade debts | 44 | €2,046 | €5,991 | +€3,945 | +192.8% |
| Gross operating margin | 9900 | €9,801 | €2,510 | -€7,291 | -74.4% |
| Operating profit (loss) | 9901 | €7,691 | €1,561 | -€6,130 | -79.7% |
| Recurring financial charges | 65 | €2 | €190 | +€188 | +9400.0% |
| Profit (loss) for the period before taxes | 9903 | €7,689 | €1,371 | -€6,318 | -82.2% |
| Profit (loss) for the period | 9904 | €7,689 | €1,371 | -€6,318 | -82.2% |
| Profit (loss) for the period to be appropriated | 9905 | €7,689 | €1,371 | -€6,318 | -82.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2018 and 31 December 2019. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.