A.A.S.-Security: 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.
A.A.S.-Security
Largest movements
- Tangible fixed assets -€10,561
down €10,561 (-6.0%), from €175,486 to €164,925
of which Land and buildings: -€11,224
- Profit (loss) carried forward -€10,194
down €10,194 (-51.3%), from -€19,871 to -€30,065
- Other debts +€5,999
up €5,999 (+4.0%), from €148,667 to €154,666
- Debts after one year -€5,088
down €5,088 (-25.8%), from €19,702 to €14,614
- Gross operating margin -€1,873
down €1,873 (-48.8%), from €3,841 to €1,968
- Other operating charges -€457
down €457 (-100.0%), from €457 to €0
- Depreciation +€316
up €316 (+2.8%), from €11,224 to €11,540
- Financial charges -€218
down €218 (-25.9%), from €840 to €622
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €175,574 | €165,238 | -€10,336 | -5.9% |
| Fixed assets | 21/28 | €175,486 | €164,925 | -€10,561 | -6.0% |
| Tangible fixed assets | 22/27 | €175,486 | €164,925 | -€10,561 | -6.0% |
| Land and buildings | 22 | €175,486 | €164,261 | -€11,224 | -6.4% |
| Plant, machinery and equipment | 23 | - | €663 | +€663 | |
| Current assets | 29/58 | €88 | €313 | +€225 | +255.6% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €88 | €313 | +€225 | +255.6% |
| Total equity and liabilities | 10/49 | €175,574 | €165,238 | -€10,336 | -5.9% |
| Equity | 10/15 | €581 | -€9,613 | -€10,194 | |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€19,871 | -€30,065 | -€10,194 | -51.3% |
| Amounts payable | 17/49 | €174,993 | €174,851 | -€142 | -0.1% |
| Amounts payable after more than one year | 17 | €19,702 | €14,614 | -€5,088 | -25.8% |
| Financial debts | 170/4 | €19,702 | €14,614 | -€5,088 | -25.8% |
| Amounts payable within one year | 42/48 | €155,291 | €160,237 | +€4,946 | +3.2% |
| Current portion of amounts payable after more than one year | 42 | €4,972 | €5,507 | +€535 | +10.8% |
| Trade debts | 44 | €1,652 | €64 | -€1,589 | -96.1% |
| Suppliers | 440/4 | €1,652 | €64 | -€1,589 | -96.1% |
| Other amounts payable | 47/48 | €148,667 | €154,666 | +€5,999 | +4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,224 | €11,540 | +€316 | +2.8% |
| Other operating charges | 640/8 | €457 | €0 | -€457 | -100.0% |
| Gross operating margin | 9900 | €3,841 | €1,968 | -€1,873 | -48.8% |
| Operating profit (loss) | 9901 | -€7,839 | -€9,572 | -€1,732 | -22.1% |
| Financial charges | 65/66B | €840 | €622 | -€218 | -25.9% |
| Recurring financial charges | 65 | €840 | €622 | -€218 | -25.9% |
| Profit (loss) for the period before taxes | 9903 | -€8,679 | -€10,194 | -€1,515 | -17.5% |
| Profit (loss) for the period | 9904 | -€8,679 | -€10,194 | -€1,515 | -17.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€8,679 | -€10,194 | -€1,515 | -17.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.