Be Smart Security Services: 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 Smart Security Services
Largest movements
- Tangible fixed assets -€71,226
down €71,226 (-3.9%), from €1.8m to €1.7m
of which Land and buildings: -€63,647
- Cash +€23,408
up €23,408 (+52.0%), from €45,041 to €68,449
mainly Debts after one year (+€106,358) and Depreciation (+€88,674)
- Other debts -€176,708
down €176,708 (-100%), from €176,708 to €0
- Debts after one year +€106,358
up €106,358 (+16.9%), from €629,778 to €736,135
of which Financial debts: +€406,358
- Reserves +€33,129
up €33,129 (+13.5%), from €245,219 to €278,348
- Gross operating margin +€27,133
up €27,133 (+14.1%), from €192,371 to €219,504
- Taxes +€23,190
up €23,190 (+216%), from €10,729 to €33,919
- Other operating charges +€22,066
up €22,066 (+403%), from €5,481 to €27,547
- Financial charges -€17,760
down €17,760 (-32.9%), from €53,996 to €36,236
- Depreciation -€5,835
down €5,835 (-6.2%), from €94,509 to €88,674
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 | €1,875,658 | €1,816,461 | -€59,196 | -3.2% |
| Fixed assets | 21/28 | €1,814,323 | €1,743,097 | -€71,226 | -3.9% |
| Tangible fixed assets | 22/27 | €1,814,323 | €1,743,097 | -€71,226 | -3.9% |
| Land and buildings | 22 | €1,803,685 | €1,740,038 | -€63,647 | -3.5% |
| Plant, machinery and equipment | 23 | €1,367 | €967 | -€400 | -29.3% |
| Furniture and vehicles | 24 | €9,270 | €2,091 | -€7,179 | -77.4% |
| Current assets | 29/58 | €61,335 | €73,365 | +€12,030 | +19.6% |
| Amounts receivable within one year | 40/41 | €11,790 | €2,782 | -€9,008 | -76.4% |
| Trade receivables | 40 | €7,519 | €0 | -€7,519 | -100% |
| Other amounts receivable | 41 | €4,271 | €2,782 | -€1,489 | -34.9% |
| Cash at bank and in hand | 54/58 | €45,041 | €68,449 | +€23,408 | +52.0% |
| Deferred charges and accrued income | 490/1 | €4,504 | €2,134 | -€2,370 | -52.6% |
| Total equity and liabilities | 10/49 | €1,875,658 | €1,816,461 | -€59,196 | -3.2% |
| Equity | 10/15 | €263,769 | €296,898 | +€33,129 | +12.6% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €245,219 | €278,348 | +€33,129 | +13.5% |
| Distributable reserves | 133 | €245,219 | €278,348 | +€33,129 | +13.5% |
| Amounts payable | 17/49 | €1,611,889 | €1,519,564 | -€92,325 | -5.7% |
| Amounts payable after more than one year | 17 | €629,778 | €736,135 | +€106,358 | +16.9% |
| Financial debts | 170/4 | €329,778 | €736,135 | +€406,358 | +123% |
| Other amounts payable | 178/9 | €300,000 | €0 | -€300,000 | -100% |
| Amounts payable within one year | 42/48 | €965,627 | €783,428 | -€182,198 | -18.9% |
| Current portion of amounts payable after more than one year | 42 | €69,916 | €71,117 | +€1,200 | +1.7% |
| Financial debts | 43 | €700,000 | €700,000 | = | 0.0% |
| Credit institutions | 430/8 | €700,000 | €700,000 | = | 0.0% |
| Trade debts | 44 | €6,357 | €3,579 | -€2,778 | -43.7% |
| Suppliers | 440/4 | €6,357 | €3,579 | -€2,778 | -43.7% |
| Taxes, remuneration and social security | 45 | €12,645 | €8,733 | -€3,912 | -30.9% |
| Taxes | 450/3 | €12,645 | €8,733 | -€3,912 | -30.9% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €176,708 | €0 | -€176,708 | -100% |
| Accrued charges and deferred income | 492/3 | €16,485 | €0 | -€16,485 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €94,509 | €88,674 | -€5,835 | -6.2% |
| Other operating charges | 640/8 | €5,481 | €27,547 | +€22,066 | +403% |
| Gross operating margin | 9900 | €192,371 | €219,504 | +€27,133 | +14.1% |
| Operating profit (loss) | 9901 | €92,381 | €103,283 | +€10,902 | +11.8% |
| Financial income | 75/76B | €10 | €0 | -€10 | -99.9% |
| Recurring financial income | 75 | €10 | €0 | -€10 | -99.9% |
| Financial charges | 65/66B | €53,996 | €36,236 | -€17,760 | -32.9% |
| Recurring financial charges | 65 | €53,996 | €36,236 | -€17,760 | -32.9% |
| Profit (loss) for the period before taxes | 9903 | €38,396 | €67,048 | +€28,652 | +74.6% |
| Income taxes | 67/77 | €10,729 | €33,919 | +€23,190 | +216% |
| Profit (loss) for the period | 9904 | €27,666 | €33,129 | +€5,463 | +19.7% |
| Profit (loss) for the period to be appropriated | 9905 | €27,666 | €33,129 | +€5,463 | +19.7% |
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 15 October 2026 via checked.be.