BLICON SECURITY: what changed
What changed
BLICON SECURITY
NACE 47.789, Other retail sale of new goods
filed annual accounts (NBB)
Net result for the year
€169,027
2024 · €149,970+€19,057
Equity
€206,446
2024 · €206,418+€27
Cash
€144,961
2024 · €136,592+€8,370
Balance sheet total
€783,275
2024 · €705,161+€78,114
Largest movements
Assets
- Receivables within one year +€88,147
up €88,147 (+43.7%), from €201,816 to €289,963
of which Trade receivables: +€95,370
- Stocks and contracts -€24,606
down €24,606 (-6.9%), from €356,953 to €332,348
- Cash +€8,370
up €8,370 (+6.1%), from €136,592 to €144,961
mainly Net result for the year (+€169,027) and Other debts (+€145,698)
Equity and liabilities
- Other debts +€145,698
up €145,698 (+94.9%), from €153,454 to €299,152
- Debts after one year -€75,000
down €75,000 (-100%), from €75,000 to €0
- Trade debts -€31,663
down €31,663 (-17.3%), from €183,323 to €151,660
- Tax, wage and social debts +€18,703
up €18,703 (+37.2%), from €50,231 to €68,934
of which Taxes: +€15,921
- Advances received +€10,867
up €10,867 (+51.1%), from €21,264 to €32,131
Income statement
- Gross operating margin +€75,859
up €75,859 (+12.7%), from €599,047 to €674,905
- Staff costs +€35,008
up €35,008 (+9.4%), from €374,404 to €409,412
- Financial charges +€12,616
up €12,616 (+159%), from €7,959 to €20,574
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€149,970
Gross operating margin
+€75,859
Staff costs
-€35,008
Depreciation
-€2,004
Write-downs
-€1,330
Other operating charges
+€3,350
Other operating items
-€2,588
Financial income
-€868
Financial charges
-€12,616
Taxes
-€5,739
Result 2025
€169,027
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€252,616
Investment
-€3,551
Financing
-€240,696
Cash 2024
€136,592
From operations (derived)
+€252,616
Net result for the year
+€169,027
Depreciation
+€4,683
Stocks and contracts
+€24,606
Receivables within one year
-€88,147
Deferred charges and accrued income
-€7,336
Trade debts
-€31,663
Tax, wage and social debts
+€18,703
Advances received
+€10,867
Other debts
+€145,698
Accrued charges and deferred income
+€6,178
Investment (derived)
-€3,551
Investment in fixed assets (net)
-€3,551
Financing
-€240,696
Debts after one year
-€75,000
Short-term financial debts
+€3,304
Contributions, distributions and other
-€169,000
Cash 2025
€144,961
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €705,161 | €783,275 | +€78,114 | +11.1% |
| Fixed assets | 21/28 | €7,450 | €6,317 | -€1,133 | -15.2% |
| Intangible fixed assets | 21 | €5,568 | €3,093 | -€2,475 | -44.5% |
| Tangible fixed assets | 22/27 | €1,882 | €3,224 | +€1,342 | +71.3% |
| Plant, machinery and equipment | 23 | €676 | €280 | -€396 | -58.6% |
| Furniture and vehicles | 24 | €1,206 | €2,944 | +€1,738 | +144% |
| Current assets | 29/58 | €697,711 | €776,958 | +€79,247 | +11.4% |
| Stocks and contracts in progress | 3 | €356,953 | €332,348 | -€24,606 | -6.9% |
| Stocks | 30/36 | €356,953 | €332,348 | -€24,606 | -6.9% |
| Amounts receivable within one year | 40/41 | €201,816 | €289,963 | +€88,147 | +43.7% |
| Trade receivables | 40 | €118,598 | €213,968 | +€95,370 | +80.4% |
| Other amounts receivable | 41 | €83,218 | €75,995 | -€7,223 | -8.7% |
| Cash at bank and in hand | 54/58 | €136,592 | €144,961 | +€8,370 | +6.1% |
| Deferred charges and accrued income | 490/1 | €2,350 | €9,686 | +€7,336 | +312% |
| Total equity and liabilities | 10/49 | €705,161 | €783,275 | +€78,114 | +11.1% |
| Equity | 10/15 | €206,418 | €206,446 | +€27 | 0.0% |
| Contributions | 10/11 | €55,000 | €55,000 | = | 0.0% |
| Reserves | 13 | €151,418 | €151,446 | +€27 | 0.0% |
| Tax-exempt reserves | 132 | €110 | €110 | = | 0.0% |
| Distributable reserves | 133 | €151,309 | €151,336 | +€27 | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €498,742 | €576,829 | +€78,087 | +15.7% |
| Amounts payable after more than one year | 17 | €75,000 | €0 | -€75,000 | -100% |
| Financial debts | 170/4 | €75,000 | €0 | -€75,000 | -100% |
| Amounts payable within one year | 42/48 | €421,795 | €568,704 | +€146,909 | +34.8% |
| Financial debts | 43 | €13,523 | €16,827 | +€3,304 | +24.4% |
| Credit institutions | 430/8 | €13,523 | €16,827 | +€3,304 | +24.4% |
| Trade debts | 44 | €183,323 | €151,660 | -€31,663 | -17.3% |
| Suppliers | 440/4 | €183,323 | €151,660 | -€31,663 | -17.3% |
| Advances received on contracts in progress | 46 | €21,264 | €32,131 | +€10,867 | +51.1% |
| Taxes, remuneration and social security | 45 | €50,231 | €68,934 | +€18,703 | +37.2% |
| Taxes | 450/3 | €20,500 | €36,421 | +€15,921 | +77.7% |
| Remuneration and social security | 454/9 | €29,731 | €32,513 | +€2,782 | +9.4% |
| Other amounts payable | 47/48 | €153,454 | €299,152 | +€145,698 | +94.9% |
| Accrued charges and deferred income | 492/3 | €1,947 | €8,125 | +€6,178 | +317% |
| Non-recurring operating income | 76A | €0 | €2,401 | +€2,401 | |
| Remuneration, social security and pensions | 62 | €374,404 | €409,412 | +€35,008 | +9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,680 | €4,683 | +€2,004 | +74.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €1,330 | +€1,330 | |
| Other operating charges | 640/8 | €5,486 | €2,136 | -€3,350 | -61.1% |
| Non-recurring operating charges | 66A | €423 | €3,011 | +€2,588 | +612% |
| Gross operating margin | 9900 | €599,047 | €674,905 | +€75,859 | +12.7% |
| Operating profit (loss) | 9901 | €216,054 | €254,333 | +€38,280 | +17.7% |
| Financial income | 75/76B | €2,057 | €1,190 | -€868 | -42.2% |
| Recurring financial income | 75 | €2,057 | €1,190 | -€868 | -42.2% |
| Financial charges | 65/66B | €7,959 | €20,574 | +€12,616 | +159% |
| Recurring financial charges | 65 | €7,959 | €20,574 | +€12,616 | +159% |
| Profit (loss) for the period before taxes | 9903 | €210,152 | €234,949 | +€24,796 | +11.8% |
| Income taxes | 67/77 | €60,182 | €65,921 | +€5,739 | +9.5% |
| Profit (loss) for the period | 9904 | €149,970 | €169,027 | +€19,057 | +12.7% |
| Profit (loss) for the period to be appropriated | 9905 | €149,970 | €169,027 | +€19,057 | +12.7% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.