AUTOMATION COMFORT SECURITY SYSTEMS: 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.
AUTOMATION COMFORT SECURITY SYSTEMS
Largest movements
- Receivables within one year +€146,749
up €146,749 (+43.3%), from €339,019 to €485,769
of which Other amounts receivable: +€81,671
- Cash -€48,708
down €48,708 (-54.5%), from €89,322 to €40,615
mainly Receivables within one year (-€146,749) and Net result for the year (-€16,756)
- Tangible fixed assets -€10,391
down €10,391 (-28.0%), from €37,175 to €26,784
of which Furniture and vehicles: -€12,101
- Current portion of long-term debt +€34,373
up €34,373 (+89.5%), from €38,414 to €72,788
- Short-term financial debts +€32,735
up €32,735 (+16.8%), from €195,348 to €228,083
- Trade debts +€27,503
up €27,503 (+28.9%), from €95,298 to €122,801
- Profit (loss) carried forward -€16,756
down €16,756 (-7.8%), from €214,399 to €197,643
- Gross operating margin +€63,668
up €63,668 (+16.9%), from €376,517 to €440,185
- Taxes +€31,372
up €31,372 (+22.6%), from €138,828 to €170,201
- Staff costs +€10,148
up €10,148 (+4.1%), from €249,658 to €259,807
- Write-downs +€7,718
up €7,718, from -€7,718 to €0
- Depreciation +€6,187
up €6,187 (+56.1%), from €11,036 to €17,223
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.
Derived cash bridge
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 | €770,564 | €859,347 | +€88,782 | +11.5% |
| Fixed assets | 21/28 | €57,303 | €44,132 | -€13,171 | -23.0% |
| Intangible fixed assets | 21 | €17,366 | €14,586 | -€2,780 | -16.0% |
| Tangible fixed assets | 22/27 | €37,175 | €26,784 | -€10,391 | -28.0% |
| Plant, machinery and equipment | 23 | €3,346 | €2,562 | -€784 | -23.4% |
| Furniture and vehicles | 24 | €33,829 | €21,728 | -€12,101 | -35.8% |
| Other tangible fixed assets | 26 | - | €2,494 | +€2,494 | |
| Financial fixed assets | 28 | €2,762 | €2,762 | = | 0.0% |
| Current assets | 29/58 | €713,262 | €815,215 | +€101,953 | +14.3% |
| Stocks and contracts in progress | 3 | €280,989 | €279,325 | -€1,664 | -0.6% |
| Stocks | 30/36 | €280,989 | €279,325 | -€1,664 | -0.6% |
| Amounts receivable within one year | 40/41 | €339,019 | €485,769 | +€146,749 | +43.3% |
| Trade receivables | 40 | €110,058 | €175,136 | +€65,078 | +59.1% |
| Other amounts receivable | 41 | €228,962 | €310,633 | +€81,671 | +35.7% |
| Cash at bank and in hand | 54/58 | €89,322 | €40,615 | -€48,708 | -54.5% |
| Deferred charges and accrued income | 490/1 | €3,931 | €9,506 | +€5,575 | +142% |
| Total equity and liabilities | 10/49 | €770,564 | €859,347 | +€88,782 | +11.5% |
| Equity | 10/15 | €282,599 | €265,843 | -€16,756 | -5.9% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €214,399 | €197,643 | -€16,756 | -7.8% |
| Amounts payable | 17/49 | €487,965 | €593,503 | +€105,538 | +21.6% |
| Amounts payable after more than one year | 17 | €124,638 | €130,710 | +€6,071 | +4.9% |
| Financial debts | 170/4 | €124,638 | €130,710 | +€6,071 | +4.9% |
| Amounts payable within one year | 42/48 | €363,327 | €462,793 | +€99,467 | +27.4% |
| Current portion of amounts payable after more than one year | 42 | €38,414 | €72,788 | +€34,373 | +89.5% |
| Financial debts | 43 | €195,348 | €228,083 | +€32,735 | +16.8% |
| Credit institutions | 430/8 | €195,348 | €228,083 | +€32,735 | +16.8% |
| Trade debts | 44 | €95,298 | €122,801 | +€27,503 | +28.9% |
| Suppliers | 440/4 | €95,298 | €122,801 | +€27,503 | +28.9% |
| Taxes, remuneration and social security | 45 | €34,266 | €39,122 | +€4,856 | +14.2% |
| Taxes | 450/3 | €8,249 | €12,247 | +€3,999 | +48.5% |
| Remuneration and social security | 454/9 | €26,017 | €26,874 | +€857 | +3.3% |
| Remuneration, social security and pensions | 62 | €249,658 | €259,807 | +€10,148 | +4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,036 | €17,223 | +€6,187 | +56.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€7,718 | €0 | +€7,718 | |
| Other operating charges | 640/8 | €1,812 | €2,197 | +€384 | +21.2% |
| Gross operating margin | 9900 | €376,517 | €440,185 | +€63,668 | +16.9% |
| Operating profit (loss) | 9901 | €121,728 | €160,958 | +€39,231 | +32.2% |
| Financial income | 75/76B | €14,150 | €20,032 | +€5,882 | +41.6% |
| Recurring financial income | 75 | €14,150 | €20,032 | +€5,882 | +41.6% |
| Financial charges | 65/66B | €25,539 | €27,545 | +€2,006 | +7.9% |
| Recurring financial charges | 65 | €25,539 | €27,545 | +€2,006 | +7.9% |
| Profit (loss) for the period before taxes | 9903 | €110,338 | €153,445 | +€43,106 | +39.1% |
| Income taxes | 67/77 | €138,828 | €170,201 | +€31,372 | +22.6% |
| Profit (loss) for the period | 9904 | -€28,490 | -€16,756 | +€11,734 | +41.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€28,490 | -€16,756 | +€11,734 | +41.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 22 October 2026 via checked.be.