BRUXELLES SECURITY: 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.
BRUXELLES SECURITY
Largest movements
- Receivables within one year +€15,608
up €15,608 (+15.6%), from €100,202 to €115,810
of which Trade receivables: +€46,636
- Tangible fixed assets -€5,617
down €5,617 (-85.8%), from €6,549 to €933
of which Land and buildings: -€3,067
- Trade debts +€33,527
up €33,527 (+83.7%), from €40,041 to €73,567
- Tax, wage and social debts -€20,655
no longer reported in 2025 (was €20,655)
of which Taxes: -€18,038
- Debts after one year -€9,275
down €9,275 (-43.3%), from €21,427 to €12,152
- Profit (loss) carried forward +€6,583
up €6,583 (+50.1%), from €13,128 to €19,710
- Gross operating margin +€32,830
up €32,830, from -€17,150 to €15,680
- Depreciation -€15,961
down €15,961 (-74.0%), from €21,577 to €5,616
- Financial charges -€538
down €538 (-21.7%), from €2,483 to €1,945
- Staff costs -€321
no longer reported in 2025 (was €321)
- Other operating charges -€210
down €210 (-12.1%), from €1,746 to €1,536
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 | €112,766 | €123,165 | +€10,399 | +9.2% |
| Fixed assets | 21/28 | €8,023 | €2,407 | -€5,617 | -70.0% |
| Tangible fixed assets | 22/27 | €6,549 | €933 | -€5,617 | -85.8% |
| Land and buildings | 22 | €4,000 | €933 | -€3,067 | -76.7% |
| Plant, machinery and equipment | 23 | €1,693 | - | -€1,693 | |
| Furniture and vehicles | 24 | €857 | - | -€857 | |
| Financial fixed assets | 28 | €1,474 | €1,474 | = | 0.0% |
| Current assets | 29/58 | €104,743 | €120,758 | +€16,015 | +15.3% |
| Amounts receivable within one year | 40/41 | €100,202 | €115,810 | +€15,608 | +15.6% |
| Trade receivables | 40 | €36,163 | €82,799 | +€46,636 | +129% |
| Other amounts receivable | 41 | €64,039 | €33,011 | -€31,028 | -48.5% |
| Cash at bank and in hand | 54/58 | €4,541 | €4,948 | +€407 | +9.0% |
| Total equity and liabilities | 10/49 | €112,766 | €123,165 | +€10,399 | +9.2% |
| Equity | 10/15 | €21,488 | €28,170 | +€6,683 | +31.1% |
| Contributions | 10/11 | €6,500 | €6,600 | +€100 | +1.5% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €13,128 | €19,710 | +€6,583 | +50.1% |
| Amounts payable | 17/49 | €91,278 | €94,994 | +€3,716 | +4.1% |
| Amounts payable after more than one year | 17 | €21,427 | €12,152 | -€9,275 | -43.3% |
| Financial debts | 170/4 | €21,427 | €12,152 | -€9,275 | -43.3% |
| Amounts payable within one year | 42/48 | €69,851 | €82,842 | +€12,991 | +18.6% |
| Current portion of amounts payable after more than one year | 42 | €9,155 | €9,275 | +€120 | +1.3% |
| Trade debts | 44 | €40,041 | €73,567 | +€33,527 | +83.7% |
| Suppliers | 440/4 | €40,041 | €73,567 | +€33,527 | +83.7% |
| Taxes, remuneration and social security | 45 | €20,655 | - | -€20,655 | |
| Taxes | 450/3 | €18,038 | - | -€18,038 | |
| Remuneration and social security | 454/9 | €2,617 | - | -€2,617 | |
| Remuneration, social security and pensions | 62 | €321 | - | -€321 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,577 | €5,616 | -€15,961 | -74.0% |
| Other operating charges | 640/8 | €1,746 | €1,536 | -€210 | -12.1% |
| Gross operating margin | 9900 | -€17,150 | €15,680 | +€32,830 | |
| Operating profit (loss) | 9901 | -€40,795 | €8,528 | +€49,322 | |
| Financial charges | 65/66B | €2,483 | €1,945 | -€538 | -21.7% |
| Recurring financial charges | 65 | €2,483 | €1,945 | -€538 | -21.7% |
| Profit (loss) for the period before taxes | 9903 | -€43,278 | €6,583 | +€49,860 | |
| Profit (loss) for the period | 9904 | -€43,278 | €6,583 | +€49,860 | |
| Profit (loss) for the period to be appropriated | 9905 | -€43,278 | €6,583 | +€49,860 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.