W.E.-Safety: 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.
W.E.-Safety
Largest movements
- Receivables within one year +€30,724
up €30,724 (+50.2%), from €61,256 to €91,981
of which Trade receivables: +€18,421
- Tangible fixed assets +€2,471
new in 2025: €2,471
- Reserves +€25,577
up €25,577 (+118%), from €21,593 to €47,170
- Trade debts +€4,687
up €4,687 (+59.4%), from €7,883 to €12,570
- Tax, wage and social debts +€4,106
up €4,106 (+25.8%), from €15,931 to €20,037
- Accrued charges and deferred income -€1,848
down €1,848 (-100%), from €1,848 to €0
- Gross operating margin +€30,131
up €30,131 (+540%), from €5,582 to €35,713
- Taxes +€8,698
up €8,698 (+523%), from €1,664 to €10,362
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 | €62,434 | €94,955 | +€32,521 | +52.1% |
| Fixed assets | 21/28 | - | €2,471 | +€2,471 | |
| Tangible fixed assets | 22/27 | - | €2,471 | +€2,471 | |
| Furniture and vehicles | 24 | - | €2,471 | +€2,471 | |
| Current assets | 29/58 | €62,434 | €92,484 | +€30,051 | +48.1% |
| Amounts receivable within one year | 40/41 | €61,256 | €91,981 | +€30,724 | +50.2% |
| Trade receivables | 40 | €8,831 | €27,253 | +€18,421 | +209% |
| Other amounts receivable | 41 | €52,425 | €64,728 | +€12,303 | +23.5% |
| Cash at bank and in hand | 54/58 | €653 | €74 | -€579 | -88.7% |
| Deferred charges and accrued income | 490/1 | €525 | €430 | -€95 | -18.1% |
| Total equity and liabilities | 10/49 | €62,434 | €94,955 | +€32,521 | +52.1% |
| Equity | 10/15 | €31,593 | €57,170 | +€25,577 | +81.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €21,593 | €47,170 | +€25,577 | +118% |
| Distributable reserves | 133 | €21,593 | €47,170 | +€25,577 | +118% |
| Amounts payable | 17/49 | €30,841 | €37,785 | +€6,944 | +22.5% |
| Amounts payable within one year | 42/48 | €28,993 | €37,785 | +€8,792 | +30.3% |
| Trade debts | 44 | €7,883 | €12,570 | +€4,687 | +59.4% |
| Suppliers | 440/4 | €7,883 | €12,570 | +€4,687 | +59.4% |
| Advances received on contracts in progress | 46 | €5,178 | €5,178 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €15,931 | €20,037 | +€4,106 | +25.8% |
| Taxes | 450/3 | €15,931 | €20,037 | +€4,106 | +25.8% |
| Accrued charges and deferred income | 492/3 | €1,848 | €0 | -€1,848 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €174 | +€174 | |
| Other operating charges | 640/8 | €965 | €1,067 | +€102 | +10.6% |
| Gross operating margin | 9900 | €5,582 | €35,713 | +€30,131 | +540% |
| Operating profit (loss) | 9901 | €4,617 | €34,472 | +€29,855 | +647% |
| Financial income | 75/76B | €2,836 | €3,126 | +€290 | +10.2% |
| Recurring financial income | 75 | €2,836 | €3,126 | +€290 | +10.2% |
| Financial charges | 65/66B | €1,853 | €1,659 | -€195 | -10.5% |
| Recurring financial charges | 65 | €1,853 | €1,659 | -€195 | -10.5% |
| Profit (loss) for the period before taxes | 9903 | €5,599 | €35,939 | +€30,340 | +542% |
| Income taxes | 67/77 | €1,664 | €10,362 | +€8,698 | +523% |
| Profit (loss) for the period | 9904 | €3,935 | €25,577 | +€21,642 | +550% |
| Profit (loss) for the period to be appropriated | 9905 | €3,935 | €25,577 | +€21,642 | +550% |
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 14 October 2026 via checked.be.