BG SECURITE: 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.
BG SECURITE
Largest movements
- Cash -€18,431
down €18,431 (-25.8%), from €71,385 to €52,954
mainly Other debts (-€35,246) and Contributions, distributions and other (-€23,000)
- Receivables within one year -€17,321
down €17,321 (-68.4%), from €25,322 to €8,000
of which Trade receivables: -€18,086
- Other debts -€35,246
down €35,246 (-43.1%), from €81,776 to €46,530
- Tax, wage and social debts -€2,347
down €2,347 (-36.2%), from €6,487 to €4,140
- Trade debts +€1,423
up €1,423 (+42.1%), from €3,378 to €4,801
- Gross operating margin +€7,770
up €7,770 (+31.1%), from €24,949 to €32,718
- Taxes +€2,248
up €2,248 (+32.2%), from €6,987 to €9,235
- Other operating charges -€410
down €410 (-100%), from €410 to €0
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 | €96,707 | €60,955 | -€35,752 | -37.0% |
| Current assets | 29/58 | €96,707 | €60,955 | -€35,752 | -37.0% |
| Amounts receivable within one year | 40/41 | €25,322 | €8,000 | -€17,321 | -68.4% |
| Trade receivables | 40 | €25,322 | €7,236 | -€18,086 | -71.4% |
| Other amounts receivable | 41 | - | €765 | +€765 | |
| Cash at bank and in hand | 54/58 | €71,385 | €52,954 | -€18,431 | -25.8% |
| Total equity and liabilities | 10/49 | €96,707 | €60,955 | -€35,752 | -37.0% |
| Equity | 10/15 | €5,066 | €5,485 | +€418 | +8.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €66 | €485 | +€418 | +629% |
| Amounts payable | 17/49 | €91,641 | €55,470 | -€36,170 | -39.5% |
| Amounts payable within one year | 42/48 | €91,641 | €55,470 | -€36,170 | -39.5% |
| Trade debts | 44 | €3,378 | €4,801 | +€1,423 | +42.1% |
| Suppliers | 440/4 | €3,378 | €4,801 | +€1,423 | +42.1% |
| Taxes, remuneration and social security | 45 | €6,487 | €4,140 | -€2,347 | -36.2% |
| Taxes | 450/3 | €6,487 | €4,140 | -€2,347 | -36.2% |
| Other amounts payable | 47/48 | €81,776 | €46,530 | -€35,246 | -43.1% |
| Other operating charges | 640/8 | €410 | €0 | -€410 | -100% |
| Gross operating margin | 9900 | €24,949 | €32,718 | +€7,770 | +31.1% |
| Operating profit (loss) | 9901 | €24,538 | €32,718 | +€8,180 | +33.3% |
| Financial charges | 65/66B | €164 | €65 | -€99 | -60.3% |
| Recurring financial charges | 65 | €164 | €65 | -€99 | -60.3% |
| Profit (loss) for the period before taxes | 9903 | €24,374 | €32,653 | +€8,279 | +34.0% |
| Income taxes | 67/77 | €6,987 | €9,235 | +€2,248 | +32.2% |
| Profit (loss) for the period | 9904 | €17,387 | €23,418 | +€6,031 | +34.7% |
| Profit (loss) for the period to be appropriated | 9905 | €17,387 | €23,418 | +€6,031 | +34.7% |
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 17 October 2026 via checked.be.