ELECTRONIQUE SECURITE DATA: 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.
ELECTRONIQUE SECURITE DATA
Largest movements
- Receivables within one year +€320,083
up €320,083 (+67.9%), from €471,412 to €791,495
of which Trade receivables: +€221,196
- Cash -€75,715
down €75,715 (-54.1%), from €140,030 to €64,315
mainly Receivables within one year (-€320,083) and Stocks and contracts (-€35,421)
- Stocks and contracts +€35,421
up €35,421 (+73.7%), from €48,058 to €83,479
- Trade debts +€258,454
up €258,454 (+16.4%), from €1.6m to €1.8m
- Accrued charges and deferred income +€21,600
up €21,600 (+225.0%), from €9,600 to €31,200
- Gross operating margin -€56,405
down €56,405 (-68.9%), from €81,868 to €25,463
- Taxes -€10,276
down €10,276 (-64.8%), from €15,860 to €5,584
- Other operating charges -€9,479
down €9,479 (-88.7%), from €10,685 to €1,206
- Financial income +€6,710
up €6,710 (+31.2%), from €21,514 to €28,224
- Financial charges +€1,036
up €1,036 (+123.6%), from €838 to €1,874
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,646,126 | €1,918,420 | +€272,294 | +16.5% |
| Fixed assets | 21/28 | €29,571 | €22,219 | -€7,352 | -24.9% |
| Tangible fixed assets | 22/27 | €29,571 | €22,219 | -€7,352 | -24.9% |
| Plant, machinery and equipment | 23 | €24,874 | €19,064 | -€5,810 | -23.4% |
| Furniture and vehicles | 24 | €4,697 | €3,155 | -€1,542 | -32.8% |
| Current assets | 29/58 | €1,616,555 | €1,896,201 | +€279,646 | +17.3% |
| Amounts receivable after more than one year | 29 | €950,000 | €950,000 | = | 0.0% |
| Trade receivables | 290 | €950,000 | €950,000 | = | 0.0% |
| Stocks and contracts in progress | 3 | €48,058 | €83,479 | +€35,421 | +73.7% |
| Stocks | 30/36 | €48,058 | €83,479 | +€35,421 | +73.7% |
| Amounts receivable within one year | 40/41 | €471,412 | €791,495 | +€320,083 | +67.9% |
| Trade receivables | 40 | €441,466 | €662,662 | +€221,196 | +50.1% |
| Other amounts receivable | 41 | €29,946 | €128,833 | +€98,887 | +330.2% |
| Cash at bank and in hand | 54/58 | €140,030 | €64,315 | -€75,715 | -54.1% |
| Deferred charges and accrued income | 490/1 | €7,055 | €6,912 | -€143 | -2.0% |
| Total equity and liabilities | 10/49 | €1,646,126 | €1,918,420 | +€272,294 | +16.5% |
| Equity | 10/15 | €23,986 | €23,708 | -€278 | -1.2% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,014 | -€26,292 | -€278 | -1.1% |
| Amounts payable | 17/49 | €1,622,140 | €1,894,712 | +€272,572 | +16.8% |
| Amounts payable within one year | 42/48 | €1,612,540 | €1,863,512 | +€250,972 | +15.6% |
| Trade debts | 44 | €1,576,695 | €1,835,149 | +€258,454 | +16.4% |
| Suppliers | 440/4 | €1,576,695 | €1,835,149 | +€258,454 | +16.4% |
| Taxes, remuneration and social security | 45 | €25,414 | €28,363 | +€2,949 | +11.6% |
| Taxes | 450/3 | €16,583 | €21,134 | +€4,551 | +27.4% |
| Remuneration and social security | 454/9 | €8,831 | €7,229 | -€1,602 | -18.1% |
| Other amounts payable | 47/48 | €10,431 | - | -€10,431 | |
| Accrued charges and deferred income | 492/3 | €9,600 | €31,200 | +€21,600 | +225.0% |
| Remuneration, social security and pensions | 62 | €36,998 | €37,949 | +€951 | +2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,895 | €7,352 | -€543 | -6.9% |
| Other operating charges | 640/8 | €10,685 | €1,206 | -€9,479 | -88.7% |
| Gross operating margin | 9900 | €81,868 | €25,463 | -€56,405 | -68.9% |
| Operating profit (loss) | 9901 | €26,290 | -€21,044 | -€47,334 | |
| Financial income | 75/76B | €21,514 | €28,224 | +€6,710 | +31.2% |
| Recurring financial income | 75 | €21,514 | €28,224 | +€6,710 | +31.2% |
| Financial charges | 65/66B | €838 | €1,874 | +€1,036 | +123.6% |
| Recurring financial charges | 65 | €838 | €1,874 | +€1,036 | +123.6% |
| Profit (loss) for the period before taxes | 9903 | €46,966 | €5,306 | -€41,660 | -88.7% |
| Income taxes | 67/77 | €15,860 | €5,584 | -€10,276 | -64.8% |
| Profit (loss) for the period | 9904 | €31,106 | -€278 | -€31,384 | |
| Profit (loss) for the period to be appropriated | 9905 | €31,106 | -€278 | -€31,384 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.