SAFRANTI: 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.
SAFRANTI
Largest movements
- Receivables within one year +€39,087
up €39,087 (+35.1%), from €111,455 to €150,543
- Cash +€3,468
up €3,468 (+126%), from €2,757 to €6,225
mainly Net result for the year (+€21,181) and Trade debts (+€13,163)
- Profit (loss) carried forward +€21,181
up €21,181 (+17.6%), from €120,442 to €141,624
- Trade debts +€13,163
up €13,163 (+527%), from €2,497 to €15,659
- Tax, wage and social debts +€12,003
up €12,003 (+134%), from €8,978 to €20,980
- Current portion of long-term debt -€3,667
no longer reported in 2024 (was €3,667)
- Gross operating margin +€9,026
up €9,026 (+32.3%), from €27,913 to €36,939
- Taxes +€5,202
up €5,202 (+281%), from €1,849 to €7,051
- Depreciation -€858
down €858 (-11.6%), from €7,411 to €6,554
- Financial charges -€566
down €566 (-51.1%), from €1,109 to €542
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €154,184 | €196,863 | +€42,680 | +27.7% |
| Fixed assets | 21/28 | €35,297 | €35,043 | -€254 | -0.7% |
| Tangible fixed assets | 22/27 | €35,297 | €35,043 | -€254 | -0.7% |
| Land and buildings | 22 | €30,551 | €27,554 | -€2,997 | -9.8% |
| Furniture and vehicles | 24 | €4,746 | €7,489 | +€2,743 | +57.8% |
| Current assets | 29/58 | €118,887 | €161,820 | +€42,934 | +36.1% |
| Stocks and contracts in progress | 3 | €4,500 | €4,500 | = | 0.0% |
| Stocks | 30/36 | €4,500 | €4,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €111,455 | €150,543 | +€39,087 | +35.1% |
| Other amounts receivable | 41 | €111,455 | €150,543 | +€39,087 | +35.1% |
| Cash at bank and in hand | 54/58 | €2,757 | €6,225 | +€3,468 | +126% |
| Deferred charges and accrued income | 490/1 | €175 | €553 | +€378 | +217% |
| Total equity and liabilities | 10/49 | €154,184 | €196,863 | +€42,680 | +27.7% |
| Equity | 10/15 | €139,042 | €160,224 | +€21,181 | +15.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €120,442 | €141,624 | +€21,181 | +17.6% |
| Amounts payable | 17/49 | €15,141 | €36,640 | +€21,499 | +142% |
| Amounts payable within one year | 42/48 | €15,141 | €36,640 | +€21,499 | +142% |
| Current portion of amounts payable after more than one year | 42 | €3,667 | - | -€3,667 | |
| Trade debts | 44 | €2,497 | €15,659 | +€13,163 | +527% |
| Suppliers | 440/4 | €2,497 | €15,659 | +€13,163 | +527% |
| Taxes, remuneration and social security | 45 | €8,978 | €20,980 | +€12,003 | +134% |
| Taxes | 450/3 | €8,978 | €20,980 | +€12,003 | +134% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,411 | €6,554 | -€858 | -11.6% |
| Other operating charges | 640/8 | €1,457 | €1,610 | +€153 | +10.5% |
| Gross operating margin | 9900 | €27,913 | €36,939 | +€9,026 | +32.3% |
| Operating profit (loss) | 9901 | €19,045 | €28,775 | +€9,730 | +51.1% |
| Financial charges | 65/66B | €1,109 | €542 | -€566 | -51.1% |
| Recurring financial charges | 65 | €1,109 | €542 | -€566 | -51.1% |
| Profit (loss) for the period before taxes | 9903 | €17,936 | €28,232 | +€10,296 | +57.4% |
| Income taxes | 67/77 | €1,849 | €7,051 | +€5,202 | +281% |
| Profit (loss) for the period | 9904 | €16,087 | €21,181 | +€5,094 | +31.7% |
| Profit (loss) for the period to be appropriated | 9905 | €16,087 | €21,181 | +€5,094 | +31.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.