SAFRANEX: 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.
SAFRANEX
Largest movements
- Receivables within one year +€2,021
new in 2025: €2,021
of which Trade receivables: +€1,811
- Cash -€249
down €249 (-22.4%), from €1,109 to €860
mainly Net result for the year (-€10,815) and Receivables within one year (-€2,021)
- Other debts +€11,608
up €11,608 (+800.6%), from €1,450 to €13,058
- Profit (loss) carried forward -€10,815
down €10,815 (-176.5%), from -€6,127 to -€16,942
- Trade debts +€979
up €979 (+124.5%), from €787 to €1,766
- Other operating charges +€4,922
up €4,922 (+625.8%), from €787 to €5,709
- Gross operating margin -€4,918
new in 2025: -€4,918
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.
Cash bridge derived
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 | €1,109 | €2,882 | +€1,772 | +159.8% |
| Current assets | 29/58 | €1,109 | €2,882 | +€1,772 | +159.8% |
| Amounts receivable within one year | 40/41 | - | €2,021 | +€2,021 | |
| Trade receivables | 40 | - | €1,811 | +€1,811 | |
| Other amounts receivable | 41 | - | €210 | +€210 | |
| Cash at bank and in hand | 54/58 | €1,109 | €860 | -€249 | -22.4% |
| Total equity and liabilities | 10/49 | €1,109 | €2,882 | +€1,772 | +159.8% |
| Equity | 10/15 | -€1,127 | -€11,942 | -€10,815 | -959.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,127 | -€16,942 | -€10,815 | -176.5% |
| Amounts payable | 17/49 | €2,237 | €14,824 | +€12,587 | +562.8% |
| Amounts payable within one year | 42/48 | €2,237 | €14,824 | +€12,587 | +562.8% |
| Trade debts | 44 | €787 | €1,766 | +€979 | +124.5% |
| Suppliers | 440/4 | €787 | €1,766 | +€979 | +124.5% |
| Other amounts payable | 47/48 | €1,450 | €13,058 | +€11,608 | +800.6% |
| Other operating charges | 640/8 | €787 | €5,709 | +€4,922 | +625.8% |
| Gross operating margin | 9900 | - | -€4,918 | -€4,918 | |
| Operating profit (loss) | 9901 | -€787 | -€10,626 | -€9,840 | -1250.9% |
| Financial charges | 65/66B | €153 | €189 | +€35 | +23.1% |
| Recurring financial charges | 65 | €153 | €189 | +€35 | +23.1% |
| Profit (loss) for the period before taxes | 9903 | -€940 | -€10,815 | -€9,875 | -1050.7% |
| Profit (loss) for the period | 9904 | -€940 | -€10,815 | -€9,875 | -1050.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€940 | -€10,815 | -€9,875 | -1050.7% |
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 10 October 2026 via checked.be.