BLOK SECURITY ELECTRONICS: 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.
BLOK SECURITY ELECTRONICS
Largest movements
- Stocks and contracts -€6,120
down €6,120 (-21.0%), from €29,082 to €22,962
of which Stocks: -€3,800
- Receivables within one year -€4,785
down €4,785 (-25.2%), from €19,024 to €14,239
of which Trade receivables: -€4,217
- Cash -€1,550
down €1,550 (-14.1%), from €10,986 to €9,436
mainly Trade debts (-€15,430) and Tax, wage and social debts (-€3,500)
- Trade debts -€15,430
down €15,430 (-92.4%), from €16,694 to €1,264
- Profit (loss) carried forward +€6,178
up €6,178 (+24.9%), from €24,815 to €30,993
- Tax, wage and social debts -€3,500
down €3,500 (-80.0%), from €4,376 to €876
- Gross operating margin +€8,409
up €8,409, from -€1,115 to €7,294
- Other operating charges +€181
up €181 (+35.8%), from €505 to €686
- Financial charges -€123
down €123 (-63.7%), from €193 to €70
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.
Cash bridge derived
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 | €62,384 | €49,632 | -€12,752 | -20.4% |
| Fixed assets | 21/28 | €2,640 | €2,280 | -€360 | -13.6% |
| Tangible fixed assets | 22/27 | €781 | €421 | -€360 | -46.1% |
| Furniture and vehicles | 24 | €781 | €421 | -€360 | -46.1% |
| Financial fixed assets | 28 | €1,859 | €1,859 | = | 0.0% |
| Current assets | 29/58 | €59,744 | €47,352 | -€12,392 | -20.7% |
| Stocks and contracts in progress | 3 | €29,082 | €22,962 | -€6,120 | -21.0% |
| Stocks | 30/36 | €13,276 | €9,476 | -€3,800 | -28.6% |
| Contracts in progress | 37 | €15,806 | €13,486 | -€2,320 | -14.7% |
| Amounts receivable within one year | 40/41 | €19,024 | €14,239 | -€4,785 | -25.2% |
| Trade receivables | 40 | €17,561 | €13,344 | -€4,217 | -24.0% |
| Other amounts receivable | 41 | €1,463 | €895 | -€568 | -38.8% |
| Cash at bank and in hand | 54/58 | €10,986 | €9,436 | -€1,550 | -14.1% |
| Deferred charges and accrued income | 490/1 | €652 | €715 | +€63 | +9.7% |
| Total equity and liabilities | 10/49 | €62,384 | €49,632 | -€12,752 | -20.4% |
| Equity | 10/15 | €41,314 | €47,492 | +€6,178 | +15.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €4,099 | €4,099 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,000 | €1,000 | = | 0.0% |
| Distributable reserves | 133 | €3,099 | €3,099 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,815 | €30,993 | +€6,178 | +24.9% |
| Amounts payable | 17/49 | €21,070 | €2,140 | -€18,930 | -89.8% |
| Amounts payable within one year | 42/48 | €21,070 | €2,140 | -€18,930 | -89.8% |
| Trade debts | 44 | €16,694 | €1,264 | -€15,430 | -92.4% |
| Suppliers | 440/4 | €16,694 | €1,264 | -€15,430 | -92.4% |
| Taxes, remuneration and social security | 45 | €4,376 | €876 | -€3,500 | -80.0% |
| Remuneration and social security | 454/9 | €4,376 | €876 | -€3,500 | -80.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €301 | €360 | +€59 | +19.6% |
| Other operating charges | 640/8 | €505 | €686 | +€181 | +35.8% |
| Gross operating margin | 9900 | -€1,115 | €7,294 | +€8,409 | |
| Operating profit (loss) | 9901 | -€1,921 | €6,248 | +€8,169 | |
| Financial charges | 65/66B | €193 | €70 | -€123 | -63.7% |
| Recurring financial charges | 65 | €193 | €70 | -€123 | -63.7% |
| Profit (loss) for the period before taxes | 9903 | -€2,114 | €6,178 | +€8,292 | |
| Profit (loss) for the period | 9904 | -€2,114 | €6,178 | +€8,292 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,114 | €6,178 | +€8,292 |
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 10 October 2026 via checked.be.