ELECTEC SECURITY: what changed
Two fiscal 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.
ELECTEC SECURITY
Largest movements
- Receivables within one year +€3,197
up €3,197 (+132.2%), from €2,418 to €5,615
of which Other amounts receivable: +€5,375
- Cash +€2,736
up €2,736 (+184.8%), from €1,481 to €4,217
mainly Net result for the year (+€7,228) and Tax, wage and social debts (+€2,056)
- Tangible fixed assets -€248
down €248 (-20.4%), from €1,215 to €967
- Profit (loss) carried forward +€4,214
no longer reported in 2025 (was -€4,214)
- Reserves +€3,014
new in 2025: €3,014
- Other debts -€2,605
no longer reported in 2025 (was €2,605)
- Tax, wage and social debts +€2,056
up €2,056 (+118.9%), from €1,729 to €3,785
- Trade debts -€994
no longer reported in 2025 (was €994)
- Gross operating margin +€13,572
up €13,572, from -€3,079 to €10,494
- Taxes +€2,945
up €2,945 (+1187.3%), from €248 to €3,193
- Depreciation -€628
down €628 (-71.7%), from €875 to €248
- Financial income +€330
new in 2025: €330
- Financial charges +€144
up €144 (+1187.1%), from €12 to €156
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 | €5,114 | €10,799 | +€5,685 | +111.2% |
| Fixed assets | 21/28 | €1,215 | €967 | -€248 | -20.4% |
| Tangible fixed assets | 22/27 | €1,215 | €967 | -€248 | -20.4% |
| Furniture and vehicles | 24 | €1,215 | €967 | -€248 | -20.4% |
| Current assets | 29/58 | €3,899 | €9,832 | +€5,933 | +152.2% |
| Amounts receivable within one year | 40/41 | €2,418 | €5,615 | +€3,197 | +132.2% |
| Trade receivables | 40 | €2,178 | - | -€2,178 | |
| Other amounts receivable | 41 | €240 | €5,615 | +€5,375 | +2238.3% |
| Cash at bank and in hand | 54/58 | €1,481 | €4,217 | +€2,736 | +184.8% |
| Total equity and liabilities | 10/49 | €5,114 | €10,799 | +€5,685 | +111.2% |
| Equity | 10/15 | -€214 | €7,014 | +€7,228 | |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Outside capital | 11 | €4,000 | €4,000 | = | 0.0% |
| Other | 1109/19 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | - | €3,014 | +€3,014 | |
| Distributable reserves | 133 | - | €3,014 | +€3,014 | |
| Profit (loss) carried forward | 14 | -€4,214 | - | +€4,214 | |
| Amounts payable | 17/49 | €5,328 | €3,785 | -€1,542 | -29.0% |
| Amounts payable within one year | 42/48 | €5,328 | €3,785 | -€1,542 | -29.0% |
| Trade debts | 44 | €994 | - | -€994 | |
| Suppliers | 440/4 | €994 | - | -€994 | |
| Taxes, remuneration and social security | 45 | €1,729 | €3,785 | +€2,056 | +118.9% |
| Taxes | 450/3 | €1,729 | €3,785 | +€2,056 | +118.9% |
| Other amounts payable | 47/48 | €2,605 | - | -€2,605 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €875 | €248 | -€628 | -71.7% |
| Gross operating margin | 9900 | -€3,079 | €10,494 | +€13,572 | |
| Operating profit (loss) | 9901 | -€3,954 | €10,246 | +€14,200 | |
| Financial income | 75/76B | - | €330 | +€330 | |
| Recurring financial income | 75 | - | €330 | +€330 | |
| Financial charges | 65/66B | €12 | €156 | +€144 | +1187.1% |
| Recurring financial charges | 65 | €12 | €156 | +€144 | +1187.1% |
| Profit (loss) for the period before taxes | 9903 | -€3,966 | €10,420 | +€14,387 | |
| Income taxes | 67/77 | €248 | €3,193 | +€2,945 | +1187.3% |
| Profit (loss) for the period | 9904 | -€4,214 | €7,228 | +€11,442 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,214 | €7,228 | +€11,442 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.