DC 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.
DC SECURITY
Largest movements
- Cash +€62,720
up €62,720 (+102.9%), from €60,969 to €123,690
mainly Receivables within one year (+€47,362) and Depreciation (+€37,013)
- Receivables within one year -€47,362
down €47,362 (-10.6%), from €445,255 to €397,892
of which Trade receivables: -€47,177
- Profit (loss) carried forward +€34,125
up €34,125 (+5.3%), from €649,044 to €683,169
- Gross operating margin -€47,469
down €47,469 (-5.6%), from €842,754 to €795,285
- Staff costs +€24,961
up €24,961 (+4.0%), from €624,516 to €649,477
- Taxes -€16,763
down €16,763 (-52.5%), from €31,948 to €15,185
- Financial charges -€15,036
down €15,036 (-22.5%), from €66,897 to €51,861
- Write-downs +€8,758
up €8,758 (+238.5%), from €3,672 to €12,430
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 | €2,092,115 | €2,116,743 | +€24,627 | +1.2% |
| Fixed assets | 21/28 | €1,474,091 | €1,472,116 | -€1,975 | -0.1% |
| Intangible fixed assets | 21 | €73,786 | €60,994 | -€12,793 | -17.3% |
| Tangible fixed assets | 22/27 | €65,098 | €75,915 | +€10,818 | +16.6% |
| Plant, machinery and equipment | 23 | €14,667 | €13,087 | -€1,580 | -10.8% |
| Furniture and vehicles | 24 | €50,430 | €62,828 | +€12,398 | +24.6% |
| Financial fixed assets | 28 | €1,335,207 | €1,335,207 | = | 0.0% |
| Current assets | 29/58 | €618,024 | €644,627 | +€26,603 | +4.3% |
| Stocks and contracts in progress | 3 | €102,485 | €112,206 | +€9,721 | +9.5% |
| Stocks | 30/36 | €102,485 | €112,206 | +€9,721 | +9.5% |
| Amounts receivable within one year | 40/41 | €445,255 | €397,892 | -€47,362 | -10.6% |
| Trade receivables | 40 | €300,966 | €253,789 | -€47,177 | -15.7% |
| Other amounts receivable | 41 | €144,289 | €144,104 | -€185 | -0.1% |
| Cash at bank and in hand | 54/58 | €60,969 | €123,690 | +€62,720 | +102.9% |
| Deferred charges and accrued income | 490/1 | €9,315 | €10,839 | +€1,524 | +16.4% |
| Total equity and liabilities | 10/49 | €2,092,115 | €2,116,743 | +€24,627 | +1.2% |
| Equity | 10/15 | €845,804 | €879,929 | +€34,125 | +4.0% |
| Contributions | 10/11 | €39,700 | €39,700 | = | 0.0% |
| Reserves | 13 | €157,060 | €157,060 | = | 0.0% |
| Tax-exempt reserves | 132 | €25,585 | €25,585 | = | 0.0% |
| Distributable reserves | 133 | €131,475 | €131,475 | = | 0.0% |
| Profit (loss) carried forward | 14 | €649,044 | €683,169 | +€34,125 | +5.3% |
| Amounts payable | 17/49 | €1,246,311 | €1,236,814 | -€9,497 | -0.8% |
| Amounts payable after more than one year | 17 | €921,600 | €921,600 | = | 0.0% |
| Financial debts | 170/4 | €921,600 | €921,600 | = | 0.0% |
| Amounts payable within one year | 42/48 | €293,545 | €286,026 | -€7,519 | -2.6% |
| Current portion of amounts payable after more than one year | 42 | €115,200 | €115,200 | = | 0.0% |
| Trade debts | 44 | €82,089 | €80,851 | -€1,239 | -1.5% |
| Suppliers | 440/4 | €82,089 | €80,851 | -€1,239 | -1.5% |
| Taxes, remuneration and social security | 45 | €96,256 | €89,975 | -€6,280 | -6.5% |
| Taxes | 450/3 | €23,536 | €12,753 | -€10,783 | -45.8% |
| Remuneration and social security | 454/9 | €72,720 | €77,222 | +€4,502 | +6.2% |
| Accrued charges and deferred income | 492/3 | €31,166 | €29,188 | -€1,978 | -6.3% |
| Remuneration, social security and pensions | 62 | €624,516 | €649,477 | +€24,961 | +4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,041 | €37,013 | +€2,972 | +8.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €3,672 | €12,430 | +€8,758 | +238.5% |
| Other operating charges | 640/8 | €4,085 | €2,118 | -€1,967 | -48.1% |
| Gross operating margin | 9900 | €842,754 | €795,285 | -€47,469 | -5.6% |
| Operating profit (loss) | 9901 | €176,441 | €94,247 | -€82,194 | -46.6% |
| Financial income | 75/76B | €5,631 | €6,924 | +€1,293 | +23.0% |
| Recurring financial income | 75 | €5,631 | €6,924 | +€1,293 | +23.0% |
| Financial charges | 65/66B | €66,897 | €51,861 | -€15,036 | -22.5% |
| Recurring financial charges | 65 | €66,897 | €51,861 | -€15,036 | -22.5% |
| Profit (loss) for the period before taxes | 9903 | €115,175 | €49,309 | -€65,865 | -57.2% |
| Income taxes | 67/77 | €31,948 | €15,185 | -€16,763 | -52.5% |
| Profit (loss) for the period | 9904 | €83,226 | €34,125 | -€49,102 | -59.0% |
| Profit (loss) for the period to be appropriated | 9905 | €83,226 | €34,125 | -€49,102 | -59.0% |
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 9 October 2026 via checked.be.