BE CAT 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.
BE CAT SECURITY
Largest movements
- Receivables within one year +€467,240
up €467,240 (+190.9%), from €244,766 to €712,006
of which Trade receivables: +€397,770
- Cash -€33,880
down €33,880 (-28.8%), from €117,501 to €83,621
mainly Receivables within one year (-€467,240) and Advances received (-€10,479)
- Deferred charges and accrued income +€9,370
up €9,370 (+697.1%), from €1,344 to €10,714
- Tax, wage and social debts +€161,283
up €161,283 (+199.2%), from €80,963 to €242,246
of which Taxes: +€111,500
- Profit (loss) carried forward +€150,988
up €150,988 (+146.4%), from €103,118 to €254,106
- Trade debts +€145,698
up €145,698 (+147.1%), from €99,076 to €244,774
- Advances received -€10,479
down €10,479 (-8.0%), from €131,224 to €120,745
- Gross operating margin +€208,843
up €208,843 (+158.3%), from €131,926 to €340,769
- Staff costs +€86,977
up €86,977 (+470.2%), from €18,499 to €105,476
- Taxes +€49,993
up €49,993 (+142.5%), from €35,074 to €85,067
- Financial income +€12,003
up €12,003 (+1875417.2%), from €1 to €12,003
of which Non-recurring financial income: +€6,389
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 | €424,771 | €872,877 | +€448,106 | +105.5% |
| Fixed assets | 21/28 | €4,921 | €6,793 | +€1,872 | +38.0% |
| Tangible fixed assets | 22/27 | €4,558 | €6,430 | +€1,872 | +41.1% |
| Plant, machinery and equipment | 23 | €87 | €0 | -€87 | -100.0% |
| Furniture and vehicles | 24 | €4,471 | €6,430 | +€1,959 | +43.8% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €419,850 | €866,084 | +€446,234 | +106.3% |
| Amounts receivable after more than one year | 29 | €56,053 | €59,557 | +€3,503 | +6.2% |
| Other amounts receivable | 291 | €56,053 | €59,557 | +€3,503 | +6.2% |
| Amounts receivable within one year | 40/41 | €244,766 | €712,006 | +€467,240 | +190.9% |
| Trade receivables | 40 | €244,766 | €642,536 | +€397,770 | +162.5% |
| Other amounts receivable | 41 | - | €69,470 | +€69,470 | |
| Current investments | 50/53 | €186 | €186 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €117,501 | €83,621 | -€33,880 | -28.8% |
| Deferred charges and accrued income | 490/1 | €1,344 | €10,714 | +€9,370 | +697.1% |
| Total equity and liabilities | 10/49 | €424,771 | €872,877 | +€448,106 | +105.5% |
| Equity | 10/15 | €113,178 | €264,166 | +€150,988 | +133.4% |
| Contributions | 10/11 | €8,200 | €8,200 | = | 0.0% |
| Contributions outside capital | 11 | €8,200 | €8,200 | = | 0.0% |
| Other | 1109/19 | €8,200 | €8,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €103,118 | €254,106 | +€150,988 | +146.4% |
| Amounts payable | 17/49 | €311,593 | €608,711 | +€297,118 | +95.4% |
| Amounts payable within one year | 42/48 | €311,593 | €607,764 | +€296,171 | +95.1% |
| Trade debts | 44 | €99,076 | €244,774 | +€145,698 | +147.1% |
| Suppliers | 440/4 | €99,076 | €244,774 | +€145,698 | +147.1% |
| Advances received on contracts in progress | 46 | €131,224 | €120,745 | -€10,479 | -8.0% |
| Taxes, remuneration and social security | 45 | €80,963 | €242,246 | +€161,283 | +199.2% |
| Taxes | 450/3 | €80,161 | €191,661 | +€111,500 | +139.1% |
| Remuneration and social security | 454/9 | €802 | €50,585 | +€49,783 | +6211.2% |
| Other amounts payable | 47/48 | €330 | €0 | -€330 | -100.0% |
| Accrued charges and deferred income | 492/3 | - | €947 | +€947 | |
| Remuneration, social security and pensions | 62 | €18,499 | €105,476 | +€86,977 | +470.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,001 | €3,192 | +€1,191 | +59.5% |
| Other operating charges | 640/8 | €2,632 | €3,193 | +€561 | +21.3% |
| Gross operating margin | 9900 | €131,926 | €340,769 | +€208,843 | +158.3% |
| Operating profit (loss) | 9901 | €108,793 | €228,908 | +€120,114 | +110.4% |
| Financial income | 75/76B | €1 | €12,003 | +€12,003 | +1875417.2% |
| Recurring financial income | 75 | €1 | €5,615 | +€5,614 | +877167.2% |
| Non-recurring financial income | 76B | - | €6,389 | +€6,389 | |
| Financial charges | 65/66B | €2,245 | €4,856 | +€2,611 | +116.3% |
| Recurring financial charges | 65 | €2,245 | €4,856 | +€2,611 | +116.3% |
| Profit (loss) for the period before taxes | 9903 | €106,549 | €236,055 | +€129,506 | +121.5% |
| Income taxes | 67/77 | €35,074 | €85,067 | +€49,993 | +142.5% |
| Profit (loss) for the period | 9904 | €71,475 | €150,988 | +€79,513 | +111.2% |
| Profit (loss) for the period to be appropriated | 9905 | €71,475 | €150,988 | +€79,513 | +111.2% |
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 11 October 2026 via checked.be.