SAFWAD: 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.
SAFWAD
Largest movements
- Receivables within one year +€51,192
up €51,192 (+6,160%), from €831 to €52,023
- Cash +€11,586
up €11,586 (+1,857%), from €624 to €12,210
mainly Debts within one year (+€52,103) and Contributions, distributions and other (+€6,200)
- Debts within one year +€52,103
new in 2016: €52,103
- Contributions +€6,200
up €6,200 (+50.0%), from €12,400 to €18,600
- Profit (loss) carried forward +€4,475
up €4,475 (+49.7%), from -€9,005 to -€4,530
- Gross operating margin +€7,028
new in 2016: €7,028
- Taxes +€1,571
new in 2016: €1,571
From the 2015 result to the 2016 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
Derived cash bridge
Derived from the 2015 and 2016 balance sheets and the 2016 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2015 | 2016 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,395 | €66,173 | +€62,778 | +1,849% |
| Fixed assets | 21/28 | €1,940 | €1,940 | = | 0.0% |
| Financial fixed assets | 28 | €1,940 | €1,940 | = | 0.0% |
| Current assets | 29/58 | €1,455 | €64,233 | +€62,778 | +4,315% |
| Amounts receivable within one year | 40/41 | €831 | €52,023 | +€51,192 | +6,160% |
| Cash at bank and in hand | 54/58 | €624 | €12,210 | +€11,586 | +1,857% |
| Total equity and liabilities | 10/49 | €3,395 | €66,173 | +€62,778 | +1,849% |
| Equity | 10/15 | €3,395 | €14,070 | +€10,675 | +314% |
| Contributions | 10/11 | €12,400 | €18,600 | +€6,200 | +50.0% |
| Profit (loss) carried forward | 14 | -€9,005 | -€4,530 | +€4,475 | +49.7% |
| Amounts payable | 17/49 | - | €52,103 | +€52,103 | |
| Amounts payable within one year | 42/48 | - | €52,103 | +€52,103 | |
| Gross operating margin | 9900 | - | €7,028 | +€7,028 | |
| Operating profit (loss) | 9901 | - | €6,728 | +€6,728 | |
| Recurring financial income | 75 | - | €184 | +€184 | |
| Recurring financial charges | 65 | - | €866 | +€866 | |
| Profit (loss) for the period before taxes | 9903 | - | €6,046 | +€6,046 | |
| Income taxes | 67/77 | - | €1,571 | +€1,571 | |
| Profit (loss) for the period | 9904 | - | €4,475 | +€4,475 | |
| Profit (loss) for the period to be appropriated | 9905 | - | €4,475 | +€4,475 |
Source: filed annual accounts (NBB), financial years ended 30 September 2015 and 30 September 2016. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.