ALARM SELF 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.
What changed
ALARM SELF SECURITY
NACE 43.211, General electrical installation work
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€204,137
2024 · €86,751+€117,386
Equity
€1.6m
2024 · €1.5m+€104,137
Cash
€815,055
2024 · €715,566+€99,489
Balance sheet total
€1.9m
2024 · €1.8m+€154,920
Largest movements
Assets
- Cash +€99,489
up €99,489 (+13.9%), from €715,566 to €815,055
mainly Net result for the year (+€204,137) and Depreciation (+€61,563)
- Receivables within one year +€45,921
up €45,921 (+12.7%), from €362,732 to €408,653
of which Trade receivables: +€51,915
Equity and liabilities
- Reserves +€100,000
up €100,000 (+10.7%), from €933,947 to €1.0m
of which Non-distributable reserves: +€100,000
- Debts after one year +€36,661
new in 2025: €36,661
- Tax, wage and social debts +€24,304
up €24,304 (+58.2%), from €41,763 to €66,067
of which Taxes: +€24,087
Income statement
- Gross operating margin +€154,704
up €154,704 (+19.1%), from €809,817 to €964,521
- Taxes +€58,970
up €58,970 (+146%), from €40,383 to €99,353
- Staff costs -€10,438
down €10,438 (-1.7%), from €604,837 to €594,398
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.
Result 2024
€86,751
Gross operating margin
+€154,704
Staff costs
+€10,438
Depreciation
-€1,082
Provisions
-€2,316
Other operating charges
-€74
Other operating items
+€17,082
Financial income
-€2,345
Financial charges
-€52
Taxes
-€58,970
Result 2025
€204,137
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€232,817
Investment
-€70,930
Financing
-€62,397
Cash 2024
€715,566
From operations (derived)
+€232,817
Net result for the year
+€204,137
Depreciation
+€61,563
Stocks and contracts
+€2,852
Receivables within one year
-€45,921
Deferred charges and accrued income
-€2,995
Provisions
+€225
Trade debts
-€18,945
Tax, wage and social debts
+€24,304
Other debts
+€7,596
Investment (derived)
-€70,930
Investment in fixed assets (net)
-€70,930
Financing
-€62,397
Debts after one year
+€36,661
Current portion of long-term debt
+€942
Contributions, distributions and other
-€100,000
Cash 2025
€815,055
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,752,320 | €1,907,240 | +€154,920 | +8.8% |
| Fixed assets | 21/28 | €303,445 | €312,812 | +€9,367 | +3.1% |
| Intangible fixed assets | 21 | €1,541 | €912 | -€629 | -40.8% |
| Tangible fixed assets | 22/27 | €283,535 | €293,531 | +€9,996 | +3.5% |
| Land and buildings | 22 | €136,204 | €132,642 | -€3,561 | -2.6% |
| Furniture and vehicles | 24 | €137,203 | €152,111 | +€14,908 | +10.9% |
| Other tangible fixed assets | 26 | €10,128 | €8,778 | -€1,351 | -13.3% |
| Financial fixed assets | 28 | €18,368 | €18,368 | = | 0.0% |
| Current assets | 29/58 | €1,448,875 | €1,594,428 | +€145,552 | +10.0% |
| Stocks and contracts in progress | 3 | €49,741 | €46,889 | -€2,852 | -5.7% |
| Stocks | 30/36 | €49,741 | €46,889 | -€2,852 | -5.7% |
| Amounts receivable within one year | 40/41 | €362,732 | €408,653 | +€45,921 | +12.7% |
| Trade receivables | 40 | €318,817 | €370,731 | +€51,915 | +16.3% |
| Other amounts receivable | 41 | €43,916 | €37,922 | -€5,994 | -13.6% |
| Current investments | 50/53 | €305,000 | €305,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €715,566 | €815,055 | +€99,489 | +13.9% |
| Deferred charges and accrued income | 490/1 | €15,836 | €18,831 | +€2,995 | +18.9% |
| Total equity and liabilities | 10/49 | €1,752,320 | €1,907,240 | +€154,920 | +8.8% |
| Equity | 10/15 | €1,529,829 | €1,633,967 | +€104,137 | +6.8% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €933,947 | €1,033,947 | +€100,000 | +10.7% |
| Non-distributable reserves | 130/1 | €910,000 | €1,010,000 | +€100,000 | +11.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €595,000 | €695,000 | +€100,000 | +16.8% |
| Own shares acquired | 1312 | €305,000 | €305,000 | = | 0.0% |
| Distributable reserves | 133 | €23,947 | €23,947 | = | 0.0% |
| Profit (loss) carried forward | 14 | €495,883 | €500,020 | +€4,137 | +0.8% |
| Provisions and deferred taxes | 16 | €10,934 | €11,159 | +€225 | +2.1% |
| Provisions for liabilities and charges | 160/5 | €10,934 | €11,159 | +€225 | +2.1% |
| Environmental obligations | 163 | €10,934 | €11,159 | +€225 | +2.1% |
| Amounts payable | 17/49 | €211,557 | €262,114 | +€50,557 | +23.9% |
| Amounts payable after more than one year | 17 | - | €36,661 | +€36,661 | |
| Financial debts | 170/4 | - | €36,661 | +€36,661 | |
| Amounts payable within one year | 42/48 | €211,557 | €225,454 | +€13,897 | +6.6% |
| Current portion of amounts payable after more than one year | 42 | €11,024 | €11,966 | +€942 | +8.5% |
| Trade debts | 44 | €24,948 | €6,002 | -€18,945 | -75.9% |
| Suppliers | 440/4 | €24,948 | €6,002 | -€18,945 | -75.9% |
| Taxes, remuneration and social security | 45 | €41,763 | €66,067 | +€24,304 | +58.2% |
| Taxes | 450/3 | - | €24,087 | +€24,087 | |
| Remuneration and social security | 454/9 | €41,763 | €41,980 | +€217 | +0.5% |
| Other amounts payable | 47/48 | €133,822 | €141,418 | +€7,596 | +5.7% |
| Non-recurring operating income | 76A | - | €23,888 | +€23,888 | |
| Remuneration, social security and pensions | 62 | €604,837 | €594,398 | -€10,438 | -1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €60,481 | €61,563 | +€1,082 | +1.8% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€2,091 | €225 | +€2,316 | |
| Other operating charges | 640/8 | €9,909 | €9,983 | +€74 | +0.7% |
| Non-recurring operating charges | 66A | €17,523 | €441 | -€17,082 | -97.5% |
| Gross operating margin | 9900 | €809,817 | €964,521 | +€154,704 | +19.1% |
| Operating profit (loss) | 9901 | €119,157 | €297,910 | +€178,753 | +150% |
| Financial income | 75/76B | €8,469 | €6,125 | -€2,345 | -27.7% |
| Recurring financial income | 75 | €3,721 | €6,125 | +€2,404 | +64.6% |
| Non-recurring financial income | 76B | €4,749 | - | -€4,749 | |
| Financial charges | 65/66B | €493 | €545 | +€52 | +10.6% |
| Recurring financial charges | 65 | €493 | €545 | +€52 | +10.6% |
| Profit (loss) for the period before taxes | 9903 | €127,134 | €303,490 | +€176,356 | +139% |
| Income taxes | 67/77 | €40,383 | €99,353 | +€58,970 | +146% |
| Profit (loss) for the period | 9904 | €86,751 | €204,137 | +€117,386 | +135% |
| Profit (loss) for the period to be appropriated | 9905 | €86,751 | €204,137 | +€117,386 | +135% |
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 17 October 2026 via checked.be.