3-D SECURITY: 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.
3-D SECURITY
Largest movements
- Current investments -€2.3m
down €2.3m (-70.1%), from €3.3m to €1.0m
- Cash -€449,426
down €449,426 (-88.8%), from €505,936 to €56,510
mainly Other debts (-€2.5m) and Contributions, distributions and other (-€341,895)
- Other debts -€2.5m
down €2.5m (-95.4%), from €2.7m to €121,450
- Tax, wage and social debts -€289,061
down €289,061 (-86.7%), from €333,377 to €44,316
of which Taxes: -€289,385
- Reserves +€127,966
up €127,966 (+3.1%), from €4.2m to €4.3m
- Debts after one year -€86,674
down €86,674 (-13.0%), from €668,341 to €581,666
- Financial income -€2.1m
down €2.1m (-81.0%), from €2.6m to €499,580
- Gross operating margin -€157,244
down €157,244 (-37.0%), from €424,601 to €267,357
- Taxes +€36,639
up €36,639 (+9380.5%), from €391 to €37,030
- Other operating charges -€16,990
down €16,990 (-57.5%), from €29,534 to €12,544
- Depreciation -€9,304
down €9,304 (-6.0%), from €154,902 to €145,598
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 | €8,288,344 | €5,502,220 | -€2.8m | -33.6% |
| Fixed assets | 21/28 | €3,728,139 | €3,759,206 | +€31,067 | +0.8% |
| Intangible fixed assets | 21 | €14,881 | €3,017 | -€11,864 | -79.7% |
| Tangible fixed assets | 22/27 | €3,062,445 | €3,089,276 | +€26,832 | +0.9% |
| Land and buildings | 22 | €2,135,766 | €2,052,429 | -€83,337 | -3.9% |
| Plant, machinery and equipment | 23 | €17,219 | €15,586 | -€1,633 | -9.5% |
| Furniture and vehicles | 24 | €106,993 | €80,959 | -€26,034 | -24.3% |
| Other tangible fixed assets | 26 | €343,307 | €359,215 | +€15,907 | +4.6% |
| Assets under construction and advance payments | 27 | €459,160 | €581,088 | +€121,928 | +26.6% |
| Financial fixed assets | 28 | €650,813 | €666,913 | +€16,100 | +2.5% |
| Current assets | 29/58 | €4,560,206 | €1,743,015 | -€2.8m | -61.8% |
| Amounts receivable after more than one year | 29 | €598,500 | €598,500 | = | 0.0% |
| Other amounts receivable | 291 | €598,500 | €598,500 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €62,674 | €70,785 | +€8,111 | +12.9% |
| Trade receivables | 40 | €36,867 | €45,123 | +€8,256 | +22.4% |
| Other amounts receivable | 41 | €25,807 | €25,662 | -€145 | -0.6% |
| Current investments | 50/53 | €3,341,826 | €1,000,000 | -€2.3m | -70.1% |
| Cash at bank and in hand | 54/58 | €505,936 | €56,510 | -€449,426 | -88.8% |
| Deferred charges and accrued income | 490/1 | €51,270 | €17,220 | -€34,051 | -66.4% |
| Total equity and liabilities | 10/49 | €8,288,344 | €5,502,220 | -€2.8m | -33.6% |
| Equity | 10/15 | €4,513,840 | €4,641,806 | +€127,966 | +2.8% |
| Contributions | 10/11 | €331,686 | €331,686 | = | 0.0% |
| Reserves | 13 | €4,182,154 | €4,310,120 | +€127,966 | +3.1% |
| Distributable reserves | 133 | €4,182,154 | €4,310,120 | +€127,966 | +3.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €3,774,504 | €860,414 | -€2.9m | -77.2% |
| Amounts payable after more than one year | 17 | €668,341 | €581,666 | -€86,674 | -13.0% |
| Financial debts | 170/4 | €668,341 | €581,666 | -€86,674 | -13.0% |
| Amounts payable within one year | 42/48 | €3,106,164 | €275,585 | -€2.8m | -91.1% |
| Current portion of amounts payable after more than one year | 42 | €85,413 | €86,674 | +€1,261 | +1.5% |
| Trade debts | 44 | €22,818 | €23,145 | +€327 | +1.4% |
| Suppliers | 440/4 | €22,818 | €23,145 | +€327 | +1.4% |
| Taxes, remuneration and social security | 45 | €333,377 | €44,316 | -€289,061 | -86.7% |
| Taxes | 450/3 | €326,883 | €37,498 | -€289,385 | -88.5% |
| Remuneration and social security | 454/9 | €6,494 | €6,818 | +€324 | +5.0% |
| Other amounts payable | 47/48 | €2,664,556 | €121,450 | -€2.5m | -95.4% |
| Accrued charges and deferred income | 492/3 | €0 | €3,163 | +€3,163 | |
| Non-recurring operating income | 76A | €186,640 | €0 | -€186,640 | -100.0% |
| Remuneration, social security and pensions | 62 | €58,559 | €60,938 | +€2,379 | +4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €154,902 | €145,598 | -€9,304 | -6.0% |
| Other operating charges | 640/8 | €29,534 | €12,544 | -€16,990 | -57.5% |
| Gross operating margin | 9900 | €424,601 | €267,357 | -€157,244 | -37.0% |
| Operating profit (loss) | 9901 | €181,607 | €48,277 | -€133,330 | -73.4% |
| Financial income | 75/76B | €2,633,961 | €499,580 | -€2.1m | -81.0% |
| Recurring financial income | 75 | €2,633,961 | €499,580 | -€2.1m | -81.0% |
| Financial charges | 65/66B | €39,212 | €40,966 | +€1,754 | +4.5% |
| Recurring financial charges | 65 | €39,212 | €40,966 | +€1,754 | +4.5% |
| Profit (loss) for the period before taxes | 9903 | €2,776,356 | €506,891 | -€2.3m | -81.7% |
| Income taxes | 67/77 | €391 | €37,030 | +€36,639 | +9380.5% |
| Profit (loss) for the period | 9904 | €2,775,965 | €469,861 | -€2.3m | -83.1% |
| Transfer from tax-exempt reserves | 789 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €2,775,965 | €469,861 | -€2.3m | -83.1% |
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 12 October 2026 via checked.be.