APPLIANCE SECURITECH: 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.
APPLIANCE SECURITECH
Largest movements
- Cash -€13,051
down €13,051 (-84.6%), from €15,425 to €2,374
mainly Net result for the year (-€16,440) and Tax, wage and social debts (-€1,549)
- Receivables within one year -€2,157
down €2,157 (-50.2%), from €4,293 to €2,137
of which Other amounts receivable: -€1,797
- Stocks and contracts -€2,034
no longer reported in 2025 (was €2,034)
- Financial fixed assets -€754
no longer reported in 2025 (was €754)
- Profit (loss) carried forward -€16,440
down €16,440 (-116%), from -€14,164 to -€30,604
- Tax, wage and social debts -€1,549
no longer reported in 2025 (was €1,549)
- Gross operating margin -€7,843
down €7,843, from €99 to -€7,743
- Other operating charges -€1,286
down €1,286 (-75.7%), from €1,699 to €413
- Depreciation -€351
no longer reported in 2025 (was €351)
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 | €23,190 | €5,283 | -€17,908 | -77.2% |
| Fixed assets | 21/28 | €754 | - | -€754 | |
| Financial fixed assets | 28 | €754 | - | -€754 | |
| Current assets | 29/58 | €22,437 | €5,283 | -€17,154 | -76.5% |
| Stocks and contracts in progress | 3 | €2,034 | - | -€2,034 | |
| Stocks | 30/36 | €2,034 | - | -€2,034 | |
| Amounts receivable within one year | 40/41 | €4,293 | €2,137 | -€2,157 | -50.2% |
| Trade receivables | 40 | €360 | - | -€360 | |
| Other amounts receivable | 41 | €3,933 | €2,137 | -€1,797 | -45.7% |
| Cash at bank and in hand | 54/58 | €15,425 | €2,374 | -€13,051 | -84.6% |
| Deferred charges and accrued income | 490/1 | €684 | €772 | +€87 | +12.8% |
| Total equity and liabilities | 10/49 | €23,190 | €5,283 | -€17,908 | -77.2% |
| Equity | 10/15 | €21,285 | €4,845 | -€16,440 | -77.2% |
| Contributions | 10/11 | €32,226 | €32,226 | = | 0.0% |
| Capital | 10 | €32,226 | €32,226 | = | 0.0% |
| Issued capital | 100 | €32,226 | €32,226 | = | 0.0% |
| Reserves | 13 | €3,223 | €3,223 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,223 | €3,223 | = | 0.0% |
| Legal reserve | 130 | €3,223 | €3,223 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€14,164 | -€30,604 | -€16,440 | -116% |
| Amounts payable | 17/49 | €1,906 | €438 | -€1,468 | -77.0% |
| Amounts payable within one year | 42/48 | €1,906 | €438 | -€1,468 | -77.0% |
| Trade debts | 44 | €357 | €438 | +€81 | +22.6% |
| Suppliers | 440/4 | €357 | €438 | +€81 | +22.6% |
| Taxes, remuneration and social security | 45 | €1,549 | - | -€1,549 | |
| Taxes | 450/3 | €1,549 | - | -€1,549 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €351 | - | -€351 | |
| Other operating charges | 640/8 | €1,699 | €413 | -€1,286 | -75.7% |
| Non-recurring operating charges | 66A | - | €8,210 | +€8,210 | |
| Gross operating margin | 9900 | €99 | -€7,743 | -€7,843 | |
| Operating profit (loss) | 9901 | -€1,951 | -€16,367 | -€14,416 | -739% |
| Financial income | 75/76B | €8 | €2 | -€5 | -69.3% |
| Recurring financial income | 75 | €8 | €2 | -€5 | -69.3% |
| Financial charges | 65/66B | €72 | €75 | +€3 | +4.4% |
| Recurring financial charges | 65 | €72 | €75 | +€3 | +4.4% |
| Profit (loss) for the period before taxes | 9903 | -€2,015 | -€16,440 | -€14,424 | -716% |
| Profit (loss) for the period | 9904 | -€2,015 | -€16,440 | -€14,424 | -716% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,015 | -€16,440 | -€14,424 | -716% |
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 18 October 2026 via checked.be.