Absolution 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.
Absolution security
Largest movements
- Tangible fixed assets +€34,863
up €34,863 (+1110.4%), from €3,140 to €38,003
of which Furniture and vehicles: +€35,618
- Receivables within one year -€30,290
down €30,290 (-36.3%), from €83,531 to €53,242
of which Trade receivables: -€26,124
- Cash +€26,114
up €26,114 (+43.1%), from €60,537 to €86,651
mainly Trade debts (+€50,682) and Receivables within one year (+€30,290)
- Trade debts +€50,682
up €50,682 (+201.0%), from €25,211 to €75,892
- Tax, wage and social debts -€22,810
down €22,810 (-22.3%), from €102,292 to €79,482
of which Taxes: -€15,569
- Reserves +€4,928
up €4,928 (+16.1%), from €30,606 to €35,534
of which Distributable reserves: +€6,783
- Advances received -€4,462
down €4,462 (-100.0%), from €4,462 to €0
- Staff costs -€95,721
down €95,721 (-16.6%), from €578,188 to €482,467
- Gross operating margin -€89,462
down €89,462 (-15.3%), from €586,149 to €496,686
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 | €171,887 | €200,872 | +€28,985 | +16.9% |
| Fixed assets | 21/28 | €3,140 | €38,003 | +€34,863 | +1110.4% |
| Tangible fixed assets | 22/27 | €3,140 | €38,003 | +€34,863 | +1110.4% |
| Plant, machinery and equipment | 23 | €3,140 | €2,385 | -€755 | -24.0% |
| Furniture and vehicles | 24 | - | €35,618 | +€35,618 | |
| Current assets | 29/58 | €168,747 | €162,869 | -€5,878 | -3.5% |
| Amounts receivable within one year | 40/41 | €83,531 | €53,242 | -€30,290 | -36.3% |
| Trade receivables | 40 | €65,862 | €39,738 | -€26,124 | -39.7% |
| Other amounts receivable | 41 | €17,669 | €13,503 | -€4,166 | -23.6% |
| Current investments | 50/53 | €12,527 | €12,567 | +€40 | +0.3% |
| Cash at bank and in hand | 54/58 | €60,537 | €86,651 | +€26,114 | +43.1% |
| Deferred charges and accrued income | 490/1 | €12,152 | €10,410 | -€1,742 | -14.3% |
| Total equity and liabilities | 10/49 | €171,887 | €200,872 | +€28,985 | +16.9% |
| Equity | 10/15 | €36,906 | €41,834 | +€4,928 | +13.4% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Reserves | 13 | €30,606 | €35,534 | +€4,928 | +16.1% |
| Non-distributable reserves | 130/1 | €1,855 | €0 | -€1,855 | -100.0% |
| Reserves not available under the articles | 1311 | €1,855 | €0 | -€1,855 | -100.0% |
| Distributable reserves | 133 | €28,751 | €35,534 | +€6,783 | +23.6% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €134,981 | €159,038 | +€24,057 | +17.8% |
| Amounts payable after more than one year | 17 | €221 | €236 | +€15 | +6.8% |
| Other amounts payable | 178/9 | €221 | €236 | +€15 | +6.8% |
| Amounts payable within one year | 42/48 | €134,735 | €158,145 | +€23,410 | +17.4% |
| Trade debts | 44 | €25,211 | €75,892 | +€50,682 | +201.0% |
| Suppliers | 440/4 | €25,211 | €75,892 | +€50,682 | +201.0% |
| Advances received on contracts in progress | 46 | €4,462 | €0 | -€4,462 | -100.0% |
| Taxes, remuneration and social security | 45 | €102,292 | €79,482 | -€22,810 | -22.3% |
| Taxes | 450/3 | €49,526 | €33,957 | -€15,569 | -31.4% |
| Remuneration and social security | 454/9 | €52,767 | €45,526 | -€7,241 | -13.7% |
| Other amounts payable | 47/48 | €2,770 | €2,770 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €26 | €658 | +€632 | +2459.4% |
| Remuneration, social security and pensions | 62 | €578,188 | €482,467 | -€95,721 | -16.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €730 | €2,233 | +€1,503 | +206.0% |
| Other operating charges | 640/8 | €1,999 | €2,184 | +€185 | +9.3% |
| Gross operating margin | 9900 | €586,149 | €496,686 | -€89,462 | -15.3% |
| Operating profit (loss) | 9901 | €5,232 | €9,802 | +€4,570 | +87.3% |
| Financial income | 75/76B | €3,247 | €1,431 | -€1,816 | -55.9% |
| Recurring financial income | 75 | €3,247 | €1,431 | -€1,816 | -55.9% |
| Financial charges | 65/66B | €599 | €600 | +€1 | +0.2% |
| Recurring financial charges | 65 | €599 | €600 | +€1 | +0.2% |
| Profit (loss) for the period before taxes | 9903 | €7,880 | €10,633 | +€2,753 | +34.9% |
| Income taxes | 67/77 | €5,056 | €5,705 | +€649 | +12.8% |
| Profit (loss) for the period | 9904 | €2,824 | €4,928 | +€2,104 | +74.5% |
| Profit (loss) for the period to be appropriated | 9905 | €2,824 | €4,928 | +€2,104 | +74.5% |
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 1 October 2026 via checked.be.