CYBER SECURITY MANAGEMENT: 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.
CYBER SECURITY MANAGEMENT
Largest movements
- Cash +€774,784
up €774,784 (+4756.6%), from €16,289 to €791,073
mainly Trade debts (+€504,877) and Tax, wage and social debts (+€378,832)
- Receivables within one year +€76,495
up €76,495 (+16.1%), from €474,827 to €551,322
of which Trade receivables: +€76,981
- Trade debts +€504,877
up €504,877 (+112.9%), from €447,229 to €952,106
- Tax, wage and social debts +€378,832
up €378,832 (+847.2%), from €44,715 to €423,547
of which Taxes: +€401,375
- Other debts +€169,710
up €169,710 (+92.7%), from €183,113 to €352,823
- Short-term financial debts -€124,970
down €124,970 (-99.9%), from €125,069 to €99
- Debts after one year -€90,357
down €90,357 (-100.0%), from €90,357 to €0
- Gross operating margin +€190,688
up €190,688, from -€82,298 to €108,390
- Staff costs -€35,500
down €35,500 (-28.6%), from €124,113 to €88,613
- Financial income +€1,104
up €1,104 (+195.4%), from €565 to €1,669
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 | €519,487 | €1,360,622 | +€841,135 | +161.9% |
| Fixed assets | 21/28 | €19,122 | €9,723 | -€9,400 | -49.2% |
| Intangible fixed assets | 21 | €18,267 | €8,924 | -€9,344 | -51.1% |
| Tangible fixed assets | 22/27 | €855 | €799 | -€56 | -6.6% |
| Furniture and vehicles | 24 | €855 | €799 | -€56 | -6.6% |
| Current assets | 29/58 | €500,364 | €1,350,899 | +€850,535 | +170.0% |
| Amounts receivable within one year | 40/41 | €474,827 | €551,322 | +€76,495 | +16.1% |
| Trade receivables | 40 | €473,760 | €550,741 | +€76,981 | +16.2% |
| Other amounts receivable | 41 | €1,067 | €582 | -€486 | -45.5% |
| Cash at bank and in hand | 54/58 | €16,289 | €791,073 | +€774,784 | +4756.6% |
| Deferred charges and accrued income | 490/1 | €9,249 | €8,505 | -€744 | -8.0% |
| Total equity and liabilities | 10/49 | €519,487 | €1,360,622 | +€841,135 | +161.9% |
| Equity | 10/15 | -€467,315 | -€467,180 | +€136 | 0.0% |
| Contributions | 10/11 | €63,601 | €63,601 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€532,776 | -€532,641 | +€136 | 0.0% |
| Amounts payable | 17/49 | €986,802 | €1,827,802 | +€840,999 | +85.2% |
| Amounts payable after more than one year | 17 | €90,357 | €0 | -€90,357 | -100.0% |
| Financial debts | 170/4 | €90,357 | €0 | -€90,357 | -100.0% |
| Amounts payable within one year | 42/48 | €892,076 | €1,818,932 | +€926,856 | +103.9% |
| Current portion of amounts payable after more than one year | 42 | €91,949 | €90,357 | -€1,593 | -1.7% |
| Financial debts | 43 | €125,069 | €99 | -€124,970 | -99.9% |
| Credit institutions | 430/8 | €125,069 | €99 | -€124,970 | -99.9% |
| Trade debts | 44 | €447,229 | €952,106 | +€504,877 | +112.9% |
| Suppliers | 440/4 | €447,229 | €952,106 | +€504,877 | +112.9% |
| Taxes, remuneration and social security | 45 | €44,715 | €423,547 | +€378,832 | +847.2% |
| Taxes | 450/3 | €22,173 | €423,547 | +€401,375 | +1810.2% |
| Remuneration and social security | 454/9 | €22,543 | €0 | -€22,543 | -100.0% |
| Other amounts payable | 47/48 | €183,113 | €352,823 | +€169,710 | +92.7% |
| Accrued charges and deferred income | 492/3 | €4,370 | €8,870 | +€4,500 | +103.0% |
| Remuneration, social security and pensions | 62 | €124,113 | €88,613 | -€35,500 | -28.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,641 | €9,400 | -€241 | -2.5% |
| Other operating charges | 640/8 | €882 | €895 | +€12 | +1.4% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | -€82,298 | €108,390 | +€190,688 | |
| Operating profit (loss) | 9901 | -€216,934 | €9,483 | +€226,416 | |
| Financial income | 75/76B | €565 | €1,669 | +€1,104 | +195.4% |
| Recurring financial income | 75 | €565 | €1,669 | +€1,104 | +195.4% |
| Financial charges | 65/66B | €11,149 | €10,784 | -€366 | -3.3% |
| Recurring financial charges | 65 | €11,149 | €10,784 | -€366 | -3.3% |
| Profit (loss) for the period before taxes | 9903 | -€227,518 | €368 | +€227,886 | |
| Income taxes | 67/77 | €511 | €233 | -€279 | -54.5% |
| Profit (loss) for the period | 9904 | -€228,029 | €136 | +€228,165 | |
| Profit (loss) for the period to be appropriated | 9905 | -€228,029 | €136 | +€228,165 |
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.