DL 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.
DL SECURITY
Largest movements
- Cash +€33,571
up €33,571 (+46.5%), from €72,141 to €105,712
mainly Net result for the year (+€39,007) and Depreciation (+€23,240)
- Receivables within one year +€31,634
up €31,634 (+46.3%), from €68,288 to €99,922
of which Other amounts receivable: +€25,129
- Tangible fixed assets -€14,655
down €14,655 (-36.1%), from €40,630 to €25,975
of which Furniture and vehicles: -€14,374
- Intangible fixed assets -€5,015
down €5,015 (-95.1%), from €5,274 to €258
- Deferred charges and accrued income -€2,996
down €2,996 (-100%), from €2,996 to €0
- Profit (loss) carried forward +€39,007
up €39,007 (+60.4%), from €64,529 to €103,536
- Tax, wage and social debts +€9,471
up €9,471 (+155%), from €6,100 to €15,571
of which Taxes: +€8,724
- Other debts -€7,609
down €7,609 (-100%), from €7,609 to €0
- Debts after one year -€6,075
down €6,075 (-54.3%), from €11,187 to €5,112
- Advances received +€5,572
up €5,572 (+68.9%), from €8,089 to €13,661
- Staff costs -€22,146
down €22,146 (-29.7%), from €74,650 to €52,504
- Taxes +€9,479
up €9,479 (+182%), from €5,200 to €14,679
- Gross operating margin +€8,020
up €8,020 (+6.2%), from €128,894 to €136,914
- Financial charges +€6,308
up €6,308 (+616%), from €1,024 to €7,331
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 | €211,511 | €254,049 | +€42,538 | +20.1% |
| Fixed assets | 21/28 | €45,904 | €26,233 | -€19,671 | -42.9% |
| Intangible fixed assets | 21 | €5,274 | €258 | -€5,015 | -95.1% |
| Tangible fixed assets | 22/27 | €40,630 | €25,975 | -€14,655 | -36.1% |
| Plant, machinery and equipment | 23 | €8,094 | €7,813 | -€281 | -3.5% |
| Furniture and vehicles | 24 | €32,536 | €18,162 | -€14,374 | -44.2% |
| Current assets | 29/58 | €165,607 | €227,816 | +€62,209 | +37.6% |
| Stocks and contracts in progress | 3 | €22,182 | €22,182 | = | 0.0% |
| Stocks | 30/36 | €22,182 | €22,182 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €68,288 | €99,922 | +€31,634 | +46.3% |
| Trade receivables | 40 | €52,196 | €58,701 | +€6,505 | +12.5% |
| Other amounts receivable | 41 | €16,092 | €41,221 | +€25,129 | +156% |
| Cash at bank and in hand | 54/58 | €72,141 | €105,712 | +€33,571 | +46.5% |
| Deferred charges and accrued income | 490/1 | €2,996 | €0 | -€2,996 | -100% |
| Total equity and liabilities | 10/49 | €211,511 | €254,049 | +€42,538 | +20.1% |
| Equity | 10/15 | €143,935 | €182,941 | +€39,007 | +27.1% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €67,005 | €67,005 | = | 0.0% |
| Distributable reserves | 133 | €67,005 | €67,005 | = | 0.0% |
| Profit (loss) carried forward | 14 | €64,529 | €103,536 | +€39,007 | +60.4% |
| Amounts payable | 17/49 | €67,576 | €71,108 | +€3,531 | +5.2% |
| Amounts payable after more than one year | 17 | €11,187 | €5,112 | -€6,075 | -54.3% |
| Financial debts | 170/4 | €11,187 | €5,112 | -€6,075 | -54.3% |
| Amounts payable within one year | 42/48 | €56,390 | €65,996 | +€9,606 | +17.0% |
| Current portion of amounts payable after more than one year | 42 | €6,010 | €6,075 | +€65 | +1.1% |
| Trade debts | 44 | €28,581 | €30,689 | +€2,108 | +7.4% |
| Suppliers | 440/4 | €28,581 | €30,689 | +€2,108 | +7.4% |
| Advances received on contracts in progress | 46 | €8,089 | €13,661 | +€5,572 | +68.9% |
| Taxes, remuneration and social security | 45 | €6,100 | €15,571 | +€9,471 | +155% |
| Taxes | 450/3 | €2,277 | €11,001 | +€8,724 | +383% |
| Remuneration and social security | 454/9 | €3,823 | €4,570 | +€747 | +19.5% |
| Other amounts payable | 47/48 | €7,609 | €0 | -€7,609 | -100% |
| Remuneration, social security and pensions | 62 | €74,650 | €52,504 | -€22,146 | -29.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,992 | €23,240 | +€247 | +1.1% |
| Other operating charges | 640/8 | €1,536 | €1,859 | +€323 | +21.0% |
| Gross operating margin | 9900 | €128,894 | €136,914 | +€8,020 | +6.2% |
| Operating profit (loss) | 9901 | €29,715 | €59,311 | +€29,596 | +99.6% |
| Financial income | 75/76B | €1,645 | €1,706 | +€61 | +3.7% |
| Recurring financial income | 75 | €1,645 | €1,706 | +€61 | +3.7% |
| Financial charges | 65/66B | €1,024 | €7,331 | +€6,308 | +616% |
| Recurring financial charges | 65 | €1,024 | €7,331 | +€6,308 | +616% |
| Profit (loss) for the period before taxes | 9903 | €30,336 | €53,686 | +€23,350 | +77.0% |
| Income taxes | 67/77 | €5,200 | €14,679 | +€9,479 | +182% |
| Profit (loss) for the period | 9904 | €25,136 | €39,007 | +€13,870 | +55.2% |
| Profit (loss) for the period to be appropriated | 9905 | €25,136 | €39,007 | +€13,870 | +55.2% |
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 16 October 2026 via checked.be.