2BSECURE: what changed
Two fiscal 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.
2BSECURE
Largest movements
- Receivables within one year -€25,852
down €25,852 (-35.8%), from €72,197 to €46,345
of which Trade receivables: -€19,838
- Cash -€20,956
down €20,956 (-70.8%), from €29,589 to €8,633
mainly Net result for the year (-€26,078) and Contributions, distributions and other (-€14,462)
- Deferred charges and accrued income +€1,167
up €1,167 (+38.3%), from €3,045 to €4,212
- Profit (loss) carried forward -€26,078
down €26,078, from €105 to -€25,973
- Reserves -€14,462
down €14,462 (-18.5%), from €78,130 to €63,668
- Tax, wage and social debts -€5,915
down €5,915 (-65.3%), from €9,059 to €3,144
- Gross operating margin -€56,874
down €56,874, from €39,696 to -€17,177
- Taxes -€8,434
down €8,434 (-96.8%), from €8,717 to €283
- Financial charges -€2,878
down €2,878 (-33.3%), from €8,643 to €5,765
of which Non-recurring financial charges: -€2,606
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 | €107,351 | €61,217 | -€46,134 | -43.0% |
| Fixed assets | 21/28 | €2,521 | €2,028 | -€492 | -19.5% |
| Tangible fixed assets | 22/27 | €2,521 | €2,028 | -€492 | -19.5% |
| Plant, machinery and equipment | 23 | €1,597 | €720 | -€877 | -54.9% |
| Furniture and vehicles | 24 | €924 | €1,309 | +€385 | +41.7% |
| Current assets | 29/58 | €104,831 | €59,189 | -€45,642 | -43.5% |
| Amounts receivable within one year | 40/41 | €72,197 | €46,345 | -€25,852 | -35.8% |
| Trade receivables | 40 | €26,740 | €6,902 | -€19,838 | -74.2% |
| Other amounts receivable | 41 | €45,457 | €39,442 | -€6,014 | -13.2% |
| Cash at bank and in hand | 54/58 | €29,589 | €8,633 | -€20,956 | -70.8% |
| Deferred charges and accrued income | 490/1 | €3,045 | €4,212 | +€1,167 | +38.3% |
| Total equity and liabilities | 10/49 | €107,351 | €61,217 | -€46,134 | -43.0% |
| Equity | 10/15 | €96,835 | €56,295 | -€40,540 | -41.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €78,130 | €63,668 | -€14,462 | -18.5% |
| Distributable reserves | 133 | €78,130 | €63,668 | -€14,462 | -18.5% |
| Profit (loss) carried forward | 14 | €105 | -€25,973 | -€26,078 | |
| Amounts payable | 17/49 | €10,516 | €4,922 | -€5,594 | -53.2% |
| Amounts payable within one year | 42/48 | €9,916 | €3,422 | -€6,494 | -65.5% |
| Trade debts | 44 | €858 | €278 | -€579 | -67.5% |
| Suppliers | 440/4 | €858 | €278 | -€579 | -67.5% |
| Taxes, remuneration and social security | 45 | €9,059 | €3,144 | -€5,915 | -65.3% |
| Taxes | 450/3 | €9,059 | €3,144 | -€5,915 | -65.3% |
| Accrued charges and deferred income | 492/3 | €600 | €1,500 | +€900 | +150.0% |
| Remuneration, social security and pensions | 62 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,278 | €1,214 | -€64 | -5.0% |
| Other operating charges | 640/8 | €1,325 | €1,640 | +€315 | +23.7% |
| Non-recurring operating charges | 66A | - | €0 | = | |
| Gross operating margin | 9900 | €39,696 | -€17,177 | -€56,874 | |
| Operating profit (loss) | 9901 | €37,094 | -€20,031 | -€57,124 | |
| Financial charges | 65/66B | €8,643 | €5,765 | -€2,878 | -33.3% |
| Recurring financial charges | 65 | €6,037 | €5,765 | -€272 | -4.5% |
| Non-recurring financial charges | 66B | €2,606 | - | -€2,606 | |
| Profit (loss) for the period before taxes | 9903 | €28,451 | -€25,795 | -€54,246 | |
| Income taxes | 67/77 | €8,717 | €283 | -€8,434 | -96.8% |
| Profit (loss) for the period | 9904 | €19,734 | -€26,078 | -€45,812 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,734 | -€26,078 | -€45,812 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.