TOP SAFETY SYSTEM: 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.
TOP SAFETY SYSTEM
Largest movements
- Receivables within one year -€99,956
down €99,956 (-18.5%), from €539,145 to €439,189
of which Other amounts receivable: -€68,773
- Stocks and contracts +€36,295
up €36,295 (+68.5%), from €52,950 to €89,245
of which Contracts in progress: +€26,725
- Receivables after one year +€19,842
up €19,842 (+105%), from €18,816 to €38,658
- Tangible fixed assets -€19,589
down €19,589 (-8.8%), from €222,160 to €202,571
of which Land and buildings: -€13,587
- Debts after one year -€39,775
down €39,775 (-20.4%), from €194,830 to €155,056
- Profit (loss) carried forward +€34,358
up €34,358 (+33.2%), from €103,470 to €137,829
- Current portion of long-term debt -€21,551
down €21,551 (-24.8%), from €86,776 to €65,226
- Tax, wage and social debts -€19,280
down €19,280 (-43.7%), from €44,155 to €24,875
of which Remuneration and social security: -€17,359
- Short-term financial debts -€10,113
down €10,113 (-5.0%), from €201,736 to €191,623
- Financial charges -€22,212
down €22,212 (-45.6%), from €48,713 to €26,501
- Staff costs +€21,859
up €21,859 (+17.8%), from €122,986 to €144,845
- Gross operating margin -€5,969
down €5,969 (-2.5%), from €242,916 to €236,947
- Other operating charges -€2,699
down €2,699 (-20.8%), from €13,003 to €10,304
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 | €844,079 | €786,790 | -€57,289 | -6.8% |
| Fixed assets | 21/28 | €227,705 | €211,916 | -€15,789 | -6.9% |
| Intangible fixed assets | 21 | - | €3,800 | +€3,800 | |
| Tangible fixed assets | 22/27 | €222,160 | €202,571 | -€19,589 | -8.8% |
| Land and buildings | 22 | €213,651 | €200,063 | -€13,587 | -6.4% |
| Plant, machinery and equipment | 23 | €8,509 | €2,507 | -€6,001 | -70.5% |
| Financial fixed assets | 28 | €5,545 | €5,545 | = | 0.0% |
| Current assets | 29/58 | €616,374 | €574,873 | -€41,500 | -6.7% |
| Amounts receivable after more than one year | 29 | €18,816 | €38,658 | +€19,842 | +105% |
| Other amounts receivable | 291 | €18,816 | €38,658 | +€19,842 | +105% |
| Stocks and contracts in progress | 3 | €52,950 | €89,245 | +€36,295 | +68.5% |
| Stocks | 30/36 | €52,950 | €62,520 | +€9,570 | +18.1% |
| Contracts in progress | 37 | - | €26,725 | +€26,725 | |
| Amounts receivable within one year | 40/41 | €539,145 | €439,189 | -€99,956 | -18.5% |
| Trade receivables | 40 | €421,115 | €389,932 | -€31,183 | -7.4% |
| Other amounts receivable | 41 | €118,030 | €49,257 | -€68,773 | -58.3% |
| Cash at bank and in hand | 54/58 | €1,677 | €792 | -€885 | -52.8% |
| Deferred charges and accrued income | 490/1 | €3,785 | €6,989 | +€3,204 | +84.7% |
| Total equity and liabilities | 10/49 | €844,079 | €786,790 | -€57,289 | -6.8% |
| Equity | 10/15 | €125,470 | €158,216 | +€32,745 | +26.1% |
| Contributions | 10/11 | €20,000 | €18,387 | -€1,613 | -8.1% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €103,470 | €137,829 | +€34,358 | +33.2% |
| Amounts payable | 17/49 | €718,608 | €628,574 | -€90,034 | -12.5% |
| Amounts payable after more than one year | 17 | €194,830 | €155,056 | -€39,775 | -20.4% |
| Financial debts | 170/4 | €194,830 | €155,056 | -€39,775 | -20.4% |
| Amounts payable within one year | 42/48 | €523,778 | €473,519 | -€50,260 | -9.6% |
| Current portion of amounts payable after more than one year | 42 | €86,776 | €65,226 | -€21,551 | -24.8% |
| Financial debts | 43 | €201,736 | €191,623 | -€10,113 | -5.0% |
| Credit institutions | 430/8 | €201,736 | €191,623 | -€10,113 | -5.0% |
| Trade debts | 44 | €190,576 | €191,260 | +€684 | +0.4% |
| Suppliers | 440/4 | €190,576 | €191,260 | +€684 | +0.4% |
| Advances received on contracts in progress | 46 | €535 | €535 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €44,155 | €24,875 | -€19,280 | -43.7% |
| Taxes | 450/3 | €23,230 | €21,309 | -€1,920 | -8.3% |
| Remuneration and social security | 454/9 | €20,925 | €3,566 | -€17,359 | -83.0% |
| Remuneration, social security and pensions | 62 | €122,986 | €144,845 | +€21,859 | +17.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,604 | €20,950 | -€1,654 | -7.3% |
| Other operating charges | 640/8 | €13,003 | €10,304 | -€2,699 | -20.8% |
| Gross operating margin | 9900 | €242,916 | €236,947 | -€5,969 | -2.5% |
| Operating profit (loss) | 9901 | €84,323 | €60,848 | -€23,476 | -27.8% |
| Financial income | 75/76B | €963 | €1,808 | +€845 | +87.8% |
| Recurring financial income | 75 | €963 | €1,808 | +€845 | +87.8% |
| Financial charges | 65/66B | €48,713 | €26,501 | -€22,212 | -45.6% |
| Recurring financial charges | 65 | €48,713 | €26,501 | -€22,212 | -45.6% |
| Profit (loss) for the period before taxes | 9903 | €36,573 | €36,154 | -€418 | -1.1% |
| Income taxes | 67/77 | €254 | €1,796 | +€1,542 | +607% |
| Profit (loss) for the period | 9904 | €36,318 | €34,358 | -€1,960 | -5.4% |
| Profit (loss) for the period to be appropriated | 9905 | €36,318 | €34,358 | -€1,960 | -5.4% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.