Safist: 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.
Safist
Largest movements
- Cash +€37,509
up €37,509 (+33.8%), from €111,111 to €148,620
mainly Depreciation (+€15,514) and Receivables within one year (+€13,121)
- Tangible fixed assets -€14,514
down €14,514 (-27.8%), from €52,240 to €37,726
- Receivables within one year -€13,121
down €13,121 (-52.6%), from €24,950 to €11,829
of which Other amounts receivable: -€9,563
- Deferred charges and accrued income +€3,062
up €3,062 (+1,257%), from €244 to €3,305
- Other debts +€11,167
up €11,167 (+865%), from €1,291 to €12,458
- Trade debts +€5,722
up €5,722 (+84.6%), from €6,766 to €12,489
- Tax, wage and social debts -€2,122
down €2,122 (-24.3%), from €8,750 to €6,628
of which Remuneration and social security: -€3,655
- Gross operating margin +€24,910
up €24,910, from -€10,803 to €14,108
- Financial income +€1,158
up €1,158 (+11,581%), from €10 to €1,168
- Financial charges +€384
up €384 (+1,174%), from €33 to €417
- Other operating charges -€368
down €368 (-27.7%), from €1,328 to €960
- Taxes +€200
up €200 (+1,217%), from €16 to €217
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €188,545 | €201,480 | +€12,936 | +6.9% |
| Fixed assets | 21/28 | €52,240 | €37,726 | -€14,514 | -27.8% |
| Tangible fixed assets | 22/27 | €52,240 | €37,726 | -€14,514 | -27.8% |
| Furniture and vehicles | 24 | €52,240 | €37,726 | -€14,514 | -27.8% |
| Current assets | 29/58 | €136,304 | €163,754 | +€27,450 | +20.1% |
| Amounts receivable within one year | 40/41 | €24,950 | €11,829 | -€13,121 | -52.6% |
| Trade receivables | 40 | €15,386 | €11,829 | -€3,557 | -23.1% |
| Other amounts receivable | 41 | €9,563 | - | -€9,563 | |
| Cash at bank and in hand | 54/58 | €111,111 | €148,620 | +€37,509 | +33.8% |
| Deferred charges and accrued income | 490/1 | €244 | €3,305 | +€3,062 | +1,257% |
| Total equity and liabilities | 10/49 | €188,545 | €201,480 | +€12,936 | +6.9% |
| Equity | 10/15 | €171,737 | €169,905 | -€1,832 | -1.1% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Reserves | 13 | €155,000 | €155,000 | = | 0.0% |
| Distributable reserves | 133 | €155,000 | €155,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,737 | €8,905 | -€1,832 | -17.1% |
| Amounts payable | 17/49 | €16,808 | €31,575 | +€14,767 | +87.9% |
| Amounts payable within one year | 42/48 | €16,808 | €31,575 | +€14,767 | +87.9% |
| Trade debts | 44 | €6,766 | €12,489 | +€5,722 | +84.6% |
| Suppliers | 440/4 | €6,766 | €12,489 | +€5,722 | +84.6% |
| Taxes, remuneration and social security | 45 | €8,750 | €6,628 | -€2,122 | -24.3% |
| Taxes | 450/3 | €5,095 | €6,628 | +€1,533 | +30.1% |
| Remuneration and social security | 454/9 | €3,655 | - | -€3,655 | |
| Other amounts payable | 47/48 | €1,291 | €12,458 | +€11,167 | +865% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,461 | €15,514 | +€52 | +0.3% |
| Other operating charges | 640/8 | €1,328 | €960 | -€368 | -27.7% |
| Gross operating margin | 9900 | -€10,803 | €14,108 | +€24,910 | |
| Operating profit (loss) | 9901 | -€27,592 | -€2,366 | +€25,226 | +91.4% |
| Financial income | 75/76B | €10 | €1,168 | +€1,158 | +11,581% |
| Recurring financial income | 75 | €10 | €1,168 | +€1,158 | +11,581% |
| Financial charges | 65/66B | €33 | €417 | +€384 | +1,174% |
| Recurring financial charges | 65 | €33 | €417 | +€384 | +1,174% |
| Profit (loss) for the period before taxes | 9903 | -€27,615 | -€1,615 | +€26,000 | +94.2% |
| Income taxes | 67/77 | €16 | €217 | +€200 | +1,217% |
| Profit (loss) for the period | 9904 | -€27,631 | -€1,832 | +€25,799 | +93.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€27,631 | -€1,832 | +€25,799 | +93.4% |
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 23 October 2026 via checked.be.