EXECUTIVE SAFETY SOLUTIONS: 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.
EXECUTIVE SAFETY SOLUTIONS
Largest movements
- Cash +€24,325
up €24,325 (+93.8%), from €25,941 to €50,266
mainly Net result for the year (+€37,623) and Receivables within one year (+€22,417)
- Receivables within one year -€22,417
down €22,417 (-28.6%), from €78,342 to €55,925
of which Other amounts receivable: -€34,504
- Tangible fixed assets -€2,525
down €2,525 (-8.9%), from €28,339 to €25,815
of which Other tangible fixed assets: -€1,733
- Reserves -€10,089
down €10,089 (-8.3%), from €121,937 to €111,848
- Other debts +€7,689
up €7,689 (+895.1%), from €859 to €8,548
- Tax, wage and social debts +€7,446
up €7,446 (+671.9%), from €1,108 to €8,554
- Trade debts -€4,329
down €4,329 (-50.1%), from €8,635 to €4,306
- Gross operating margin +€31,862
up €31,862 (+88.3%), from €36,075 to €67,937
- Taxes +€8,406
up €8,406 (+95.6%), from €8,792 to €17,197
- Depreciation +€973
up €973 (+15.4%), from €6,322 to €7,294
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 | €133,916 | €133,497 | -€419 | -0.3% |
| Fixed assets | 21/28 | €28,339 | €25,815 | -€2,525 | -8.9% |
| Tangible fixed assets | 22/27 | €28,339 | €25,815 | -€2,525 | -8.9% |
| Plant, machinery and equipment | 23 | €7,651 | €8,304 | +€653 | +8.5% |
| Furniture and vehicles | 24 | €4,794 | €3,348 | -€1,445 | -30.1% |
| Other tangible fixed assets | 26 | €15,895 | €14,162 | -€1,733 | -10.9% |
| Current assets | 29/58 | €105,576 | €107,682 | +€2,106 | +2.0% |
| Amounts receivable within one year | 40/41 | €78,342 | €55,925 | -€22,417 | -28.6% |
| Trade receivables | 40 | €37,585 | €49,672 | +€12,087 | +32.2% |
| Other amounts receivable | 41 | €40,757 | €6,253 | -€34,504 | -84.7% |
| Current investments | 50/53 | €6 | - | -€6 | |
| Cash at bank and in hand | 54/58 | €25,941 | €50,266 | +€24,325 | +93.8% |
| Deferred charges and accrued income | 490/1 | €1,287 | €1,491 | +€204 | +15.8% |
| Total equity and liabilities | 10/49 | €133,916 | €133,497 | -€419 | -0.3% |
| Equity | 10/15 | €122,037 | €111,948 | -€10,089 | -8.3% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €121,937 | €111,848 | -€10,089 | -8.3% |
| Distributable reserves | 133 | €121,937 | €111,848 | -€10,089 | -8.3% |
| Amounts payable | 17/49 | €11,879 | €21,549 | +€9,670 | +81.4% |
| Amounts payable within one year | 42/48 | €11,879 | €21,549 | +€9,670 | +81.4% |
| Financial debts | 43 | €1,277 | €141 | -€1,136 | -89.0% |
| Credit institutions | 430/8 | €1,277 | €141 | -€1,136 | -89.0% |
| Trade debts | 44 | €8,635 | €4,306 | -€4,329 | -50.1% |
| Suppliers | 440/4 | €8,635 | €4,306 | -€4,329 | -50.1% |
| Taxes, remuneration and social security | 45 | €1,108 | €8,554 | +€7,446 | +671.9% |
| Taxes | 450/3 | €1,108 | €8,554 | +€7,446 | +671.9% |
| Other amounts payable | 47/48 | €859 | €8,548 | +€7,689 | +895.1% |
| Non-recurring operating income | 76A | - | €2,307 | +€2,307 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,322 | €7,294 | +€973 | +15.4% |
| Other operating charges | 640/8 | €4,817 | €5,159 | +€341 | +7.1% |
| Gross operating margin | 9900 | €36,075 | €67,937 | +€31,862 | +88.3% |
| Operating profit (loss) | 9901 | €24,936 | €55,484 | +€30,548 | +122.5% |
| Financial income | 75/76B | €22 | €33 | +€11 | +51.2% |
| Recurring financial income | 75 | €22 | €33 | +€11 | +51.2% |
| Financial charges | 65/66B | €1,249 | €697 | -€552 | -44.2% |
| Recurring financial charges | 65 | €1,249 | €697 | -€552 | -44.2% |
| Profit (loss) for the period before taxes | 9903 | €23,709 | €54,820 | +€31,111 | +131.2% |
| Income taxes | 67/77 | €8,792 | €17,197 | +€8,406 | +95.6% |
| Profit (loss) for the period | 9904 | €14,918 | €37,623 | +€22,705 | +152.2% |
| Profit (loss) for the period to be appropriated | 9905 | €14,918 | €37,623 | +€22,705 | +152.2% |
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.