DS 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.
DS Security
Largest movements
- Cash +€43,924
up €43,924 (+539.6%), from €8,140 to €52,064
mainly Net result for the year (+€42,303) and Other debts (+€14,946)
- Tangible fixed assets +€23,035
up €23,035 (+177.9%), from €12,948 to €35,982
of which Plant, machinery and equipment: +€21,245
- Receivables within one year -€8,579
down €8,579 (-19.7%), from €43,587 to €35,008
of which Trade receivables: -€7,478
- Stocks and contracts +€2,658
up €2,658 (+106.3%), from €2,500 to €5,158
- Deferred charges and accrued income +€1,998
new in 2025: €1,998
- Profit (loss) carried forward +€41,470
up €41,470, from -€1,796 to €39,674
- Other debts +€14,946
up €14,946 (+29.2%), from €51,215 to €66,161
- Tax, wage and social debts +€3,506
up €3,506 (+88.0%), from €3,986 to €7,492
- Trade debts +€3,114
up €3,114 (+40.1%), from €7,770 to €10,884
- Gross operating margin +€68,326
up €68,326, from -€10,979 to €57,347
- Taxes +€7,370
new in 2025: €7,370
- Depreciation +€3,681
up €3,681 (+152.0%), from €2,422 to €6,103
- Other operating charges -€779
down €779 (-39.4%), from €1,976 to €1,197
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 | €67,175 | €130,211 | +€63,036 | +93.8% |
| Fixed assets | 21/28 | €12,948 | €35,982 | +€23,035 | +177.9% |
| Tangible fixed assets | 22/27 | €12,948 | €35,982 | +€23,035 | +177.9% |
| Plant, machinery and equipment | 23 | €10,807 | €32,052 | +€21,245 | +196.6% |
| Furniture and vehicles | 24 | €2,141 | €3,930 | +€1,789 | +83.6% |
| Current assets | 29/58 | €54,227 | €94,229 | +€40,001 | +73.8% |
| Stocks and contracts in progress | 3 | €2,500 | €5,158 | +€2,658 | +106.3% |
| Stocks | 30/36 | €2,500 | €5,158 | +€2,658 | +106.3% |
| Amounts receivable within one year | 40/41 | €43,587 | €35,008 | -€8,579 | -19.7% |
| Trade receivables | 40 | €33,843 | €26,364 | -€7,478 | -22.1% |
| Other amounts receivable | 41 | €9,745 | €8,643 | -€1,101 | -11.3% |
| Cash at bank and in hand | 54/58 | €8,140 | €52,064 | +€43,924 | +539.6% |
| Deferred charges and accrued income | 490/1 | - | €1,998 | +€1,998 | |
| Total equity and liabilities | 10/49 | €67,175 | €130,211 | +€63,036 | +93.8% |
| Equity | 10/15 | €4,204 | €45,674 | +€41,470 | +986.4% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,796 | €39,674 | +€41,470 | |
| Amounts payable | 17/49 | €62,971 | €84,537 | +€21,566 | +34.2% |
| Amounts payable within one year | 42/48 | €62,971 | €84,537 | +€21,566 | +34.2% |
| Trade debts | 44 | €7,770 | €10,884 | +€3,114 | +40.1% |
| Suppliers | 440/4 | €7,770 | €10,884 | +€3,114 | +40.1% |
| Taxes, remuneration and social security | 45 | €3,986 | €7,492 | +€3,506 | +88.0% |
| Taxes | 450/3 | €3,986 | €7,492 | +€3,506 | +88.0% |
| Other amounts payable | 47/48 | €51,215 | €66,161 | +€14,946 | +29.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,422 | €6,103 | +€3,681 | +152.0% |
| Other operating charges | 640/8 | €1,976 | €1,197 | -€779 | -39.4% |
| Gross operating margin | 9900 | -€10,979 | €57,347 | +€68,326 | |
| Operating profit (loss) | 9901 | -€15,377 | €50,047 | +€65,424 | |
| Financial income | 75/76B | - | €528 | +€528 | |
| Recurring financial income | 75 | - | €528 | +€528 | |
| Financial charges | 65/66B | €845 | €902 | +€57 | +6.8% |
| Recurring financial charges | 65 | €845 | €902 | +€57 | +6.8% |
| Profit (loss) for the period before taxes | 9903 | -€16,222 | €49,673 | +€65,895 | |
| Income taxes | 67/77 | - | €7,370 | +€7,370 | |
| Profit (loss) for the period | 9904 | -€16,222 | €42,303 | +€58,525 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,222 | €42,303 | +€58,525 |
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.