AJ SECURITE: 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.
AJ SECURITE
Largest movements
- Receivables within one year +€53,486
up €53,486 (+230%), from €23,218 to €76,705
of which Other amounts receivable: +€44,637
- Cash -€30,834
down €30,834 (-84.3%), from €36,565 to €5,732
mainly Receivables within one year (-€53,486) and Trade debts (-€11,450)
- Financial fixed assets +€3,400
new in 2025: €3,400
- Tangible fixed assets -€1,000
no longer reported in 2025 (was €1,000)
- Other debts +€27,535
new in 2025: €27,535
- Trade debts -€11,450
down €11,450 (-60.7%), from €18,856 to €7,406
- Profit (loss) carried forward +€7,534
up €7,534 (+21.4%), from €35,254 to €42,789
- Tax, wage and social debts +€1,433
up €1,433 (+864%), from €166 to €1,599
of which Taxes: +€1,438
- Financial income +€3,384
new in 2025: €3,384
- Staff costs -€3,198
no longer reported in 2025 (was €3,198)
- Gross operating margin -€2,364
down €2,364 (-17.3%), from €13,638 to €11,274
- Depreciation -€400
down €400 (-28.6%), from €1,400 to €1,000
- Financial charges +€247
up €247 (+39.8%), from €621 to €868
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 | €60,784 | €85,836 | +€25,053 | +41.2% |
| Fixed assets | 21/28 | €1,000 | €3,400 | +€2,400 | +240% |
| Tangible fixed assets | 22/27 | €1,000 | - | -€1,000 | |
| Furniture and vehicles | 24 | €1,000 | - | -€1,000 | |
| Financial fixed assets | 28 | - | €3,400 | +€3,400 | |
| Current assets | 29/58 | €59,784 | €82,436 | +€22,653 | +37.9% |
| Amounts receivable within one year | 40/41 | €23,218 | €76,705 | +€53,486 | +230% |
| Trade receivables | 40 | €3,655 | €12,504 | +€8,849 | +242% |
| Other amounts receivable | 41 | €19,563 | €64,201 | +€44,637 | +228% |
| Cash at bank and in hand | 54/58 | €36,565 | €5,732 | -€30,834 | -84.3% |
| Total equity and liabilities | 10/49 | €60,784 | €85,836 | +€25,053 | +41.2% |
| Equity | 10/15 | €41,762 | €49,296 | +€7,534 | +18.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €308 | €308 | = | 0.0% |
| Non-distributable reserves | 130/1 | €177 | €177 | = | 0.0% |
| Reserves not available under the articles | 1311 | €177 | €177 | = | 0.0% |
| Tax-exempt reserves | 132 | €131 | €131 | = | 0.0% |
| Profit (loss) carried forward | 14 | €35,254 | €42,789 | +€7,534 | +21.4% |
| Amounts payable | 17/49 | €19,022 | €36,540 | +€17,518 | +92.1% |
| Amounts payable within one year | 42/48 | €19,022 | €36,540 | +€17,518 | +92.1% |
| Trade debts | 44 | €18,856 | €7,406 | -€11,450 | -60.7% |
| Suppliers | 440/4 | €18,856 | €7,406 | -€11,450 | -60.7% |
| Taxes, remuneration and social security | 45 | €166 | €1,599 | +€1,433 | +864% |
| Taxes | 450/3 | €161 | €1,599 | +€1,438 | +895% |
| Remuneration and social security | 454/9 | €5 | - | -€5 | |
| Other amounts payable | 47/48 | - | €27,535 | +€27,535 | |
| Remuneration, social security and pensions | 62 | €3,198 | - | -€3,198 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,400 | €1,000 | -€400 | -28.6% |
| Other operating charges | 640/8 | €423 | €256 | -€168 | -39.6% |
| Gross operating margin | 9900 | €13,638 | €11,274 | -€2,364 | -17.3% |
| Operating profit (loss) | 9901 | €8,617 | €10,018 | +€1,402 | +16.3% |
| Financial income | 75/76B | - | €3,384 | +€3,384 | |
| Recurring financial income | 75 | - | €3,384 | +€3,384 | |
| Financial charges | 65/66B | €621 | €868 | +€247 | +39.8% |
| Recurring financial charges | 65 | €621 | €868 | +€247 | +39.8% |
| Profit (loss) for the period before taxes | 9903 | €7,996 | €12,534 | +€4,538 | +56.8% |
| Income taxes | 67/77 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) for the period | 9904 | €2,996 | €7,534 | +€4,538 | +151% |
| Profit (loss) for the period to be appropriated | 9905 | €2,996 | €7,534 | +€4,538 | +151% |
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 24 October 2026 via checked.be.