SAFRAN & CO: what changed
SAFRAN & CO
Largest movements
- Deferred charges and accrued income -€3,649
down €3,649 (-24.8%), from €14,691 to €11,042
- Cash +€3,521
up €3,521 (+237%), from €1,487 to €5,009
mainly Net result for the year (+€8,995) and Deferred charges and accrued income (+€3,649)
- Receivables within one year -€698
down €698 (-11.3%), from €6,160 to €5,462
of which Trade receivables: -€665
- Tangible fixed assets -€366
down €366 (-48.8%), from €751 to €384
- Profit (loss) carried forward +€8,995
up €8,995 (+35.9%), from -€25,053 to -€16,058
- Other debts -€5,750
down €5,750 (-73.2%), from €7,856 to €2,106
- Tax, wage and social debts -€3,853
down €3,853 (-51.3%), from €7,516 to €3,663
of which Taxes: -€3,853
- Trade debts -€583
down €583 (-36.1%), from €1,617 to €1,034
- Financial income -€24,997
down €24,997 (-100.0%), from €25,001 to €4
of which Non-recurring financial income: -€25,000
- Gross operating margin +€22,493
up €22,493, from -€6,193 to €16,300
- Taxes +€2,537
up €2,537 (+85.0%), from €2,985 to €5,522
- Other operating charges -€2,444
down €2,444 (-70.3%), from €3,474 to €1,030
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 | €24,341 | €23,150 | -€1,192 | -4.9% |
| Fixed assets | 21/28 | €2,003 | €1,637 | -€366 | -18.3% |
| Tangible fixed assets | 22/27 | €751 | €384 | -€366 | -48.8% |
| Furniture and vehicles | 24 | €751 | €384 | -€366 | -48.8% |
| Financial fixed assets | 28 | €1,253 | €1,253 | = | 0.0% |
| Current assets | 29/58 | €22,338 | €21,513 | -€825 | -3.7% |
| Amounts receivable within one year | 40/41 | €6,160 | €5,462 | -€698 | -11.3% |
| Trade receivables | 40 | €5,849 | €5,184 | -€665 | -11.4% |
| Other amounts receivable | 41 | €311 | €278 | -€33 | -10.5% |
| Cash at bank and in hand | 54/58 | €1,487 | €5,009 | +€3,521 | +237% |
| Deferred charges and accrued income | 490/1 | €14,691 | €11,042 | -€3,649 | -24.8% |
| Total equity and liabilities | 10/49 | €24,341 | €23,150 | -€1,192 | -4.9% |
| Equity | 10/15 | €7,352 | €16,347 | +€8,995 | +122% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Contributions outside capital | 11 | €18,550 | - | -€18,550 | |
| Other | 1109/19 | €18,550 | - | -€18,550 | |
| Reserves | 13 | €13,855 | €13,855 | = | 0.0% |
| Distributable reserves | 133 | €13,855 | €13,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,053 | -€16,058 | +€8,995 | +35.9% |
| Amounts payable | 17/49 | €16,990 | €6,803 | -€10,187 | -60.0% |
| Amounts payable within one year | 42/48 | €16,990 | €6,803 | -€10,187 | -60.0% |
| Trade debts | 44 | €1,617 | €1,034 | -€583 | -36.1% |
| Suppliers | 440/4 | €1,617 | €1,034 | -€583 | -36.1% |
| Taxes, remuneration and social security | 45 | €7,516 | €3,663 | -€3,853 | -51.3% |
| Taxes | 450/3 | €6,266 | €2,413 | -€3,853 | -61.5% |
| Remuneration and social security | 454/9 | €1,250 | €1,250 | = | 0.0% |
| Other amounts payable | 47/48 | €7,856 | €2,106 | -€5,750 | -73.2% |
| Non-recurring operating income | 76A | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €372 | €366 | -€6 | -1.6% |
| Other operating charges | 640/8 | €3,474 | €1,030 | -€2,444 | -70.3% |
| Gross operating margin | 9900 | -€6,193 | €16,300 | +€22,493 | |
| Operating profit (loss) | 9901 | -€10,039 | €14,904 | +€24,943 | |
| Financial income | 75/76B | €25,001 | €4 | -€24,997 | -100.0% |
| Recurring financial income | 75 | €1 | €4 | +€3 | +257% |
| Non-recurring financial income | 76B | €25,000 | - | -€25,000 | |
| Financial charges | 65/66B | €498 | €392 | -€107 | -21.4% |
| Recurring financial charges | 65 | €498 | €392 | -€107 | -21.4% |
| Profit (loss) for the period before taxes | 9903 | €14,464 | €14,517 | +€53 | +0.4% |
| Income taxes | 67/77 | €2,985 | €5,522 | +€2,537 | +85.0% |
| Profit (loss) for the period | 9904 | €11,480 | €8,995 | -€2,485 | -21.6% |
| Profit (loss) for the period to be appropriated | 9905 | €11,480 | €8,995 | -€2,485 | -21.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.