BE SECURE FINANCE: 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 SECURE FINANCE
Largest movements
- Receivables within one year +€8,538
up €8,538 (+86.8%), from €9,836 to €18,374
of which Trade receivables: +€11,621
- Deferred charges and accrued income -€2,752
down €2,752 (-30.8%), from €8,926 to €6,175
- Trade debts +€15,933
up €15,933 (+268%), from €5,951 to €21,883
- Profit (loss) carried forward -€10,599
down €10,599 (-19.2%), from -€55,276 to -€65,875
- Short-term financial debts +€9,647
up €9,647 (+50.5%), from €19,098 to €28,745
- Debts after one year -€8,940
down €8,940 (-26.6%), from €33,580 to €24,640
- Current portion of long-term debt +€3,917
up €3,917 (+54.9%), from €7,135 to €11,052
- Other operating charges -€16,469
down €16,469 (-94.9%), from €17,347 to €879
- Financial charges +€5,066
up €5,066 (+118%), from €4,306 to €9,372
- Gross operating margin +€85
up €85 (+19.6%), from -€433 to -€348
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 | €19,330 | €25,347 | +€6,016 | +31.1% |
| Current assets | 29/58 | €19,330 | €25,347 | +€6,016 | +31.1% |
| Amounts receivable within one year | 40/41 | €9,836 | €18,374 | +€8,538 | +86.8% |
| Trade receivables | 40 | €5,379 | €17,000 | +€11,621 | +216% |
| Other amounts receivable | 41 | €4,457 | €1,374 | -€3,083 | -69.2% |
| Cash at bank and in hand | 54/58 | €568 | €798 | +€230 | +40.5% |
| Deferred charges and accrued income | 490/1 | €8,926 | €6,175 | -€2,752 | -30.8% |
| Total equity and liabilities | 10/49 | €19,330 | €25,347 | +€6,016 | +31.1% |
| Equity | 10/15 | -€51,276 | -€61,875 | -€10,599 | -20.7% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€55,276 | -€65,875 | -€10,599 | -19.2% |
| Amounts payable | 17/49 | €70,607 | €87,222 | +€16,615 | +23.5% |
| Amounts payable after more than one year | 17 | €33,580 | €24,640 | -€8,940 | -26.6% |
| Financial debts | 170/4 | €33,580 | €24,640 | -€8,940 | -26.6% |
| Amounts payable within one year | 42/48 | €37,027 | €62,582 | +€25,555 | +69.0% |
| Current portion of amounts payable after more than one year | 42 | €7,135 | €11,052 | +€3,917 | +54.9% |
| Financial debts | 43 | €19,098 | €28,745 | +€9,647 | +50.5% |
| Credit institutions | 430/8 | €19,098 | €28,745 | +€9,647 | +50.5% |
| Trade debts | 44 | €5,951 | €21,883 | +€15,933 | +268% |
| Suppliers | 440/4 | €5,951 | €21,883 | +€15,933 | +268% |
| Taxes, remuneration and social security | 45 | €3,520 | €0 | -€3,520 | -100% |
| Taxes | 450/3 | €3,520 | €0 | -€3,520 | -100% |
| Other amounts payable | 47/48 | €1,323 | €902 | -€421 | -31.8% |
| Other operating charges | 640/8 | €17,347 | €879 | -€16,469 | -94.9% |
| Gross operating margin | 9900 | -€433 | -€348 | +€85 | +19.6% |
| Operating profit (loss) | 9901 | -€17,781 | -€1,227 | +€16,554 | +93.1% |
| Financial charges | 65/66B | €4,306 | €9,372 | +€5,066 | +118% |
| Recurring financial charges | 65 | €4,306 | €9,372 | +€5,066 | +118% |
| Profit (loss) for the period before taxes | 9903 | -€22,087 | -€10,599 | +€11,488 | +52.0% |
| Profit (loss) for the period | 9904 | -€22,087 | -€10,599 | +€11,488 | +52.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€22,087 | -€10,599 | +€11,488 | +52.0% |
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.