EXPERTISE & SECURITY CONSULTANTS: what changed
EXPERTISE & SECURITY CONSULTANTS
Largest movements
- Tangible fixed assets +€47,650
up €47,650 (+208%), from €22,871 to €70,521
of which Furniture and vehicles: +€47,882
- Receivables within one year -€20,492
down €20,492 (-12.9%), from €159,202 to €138,711
of which Other amounts receivable: -€16,417
- Cash +€14,276
up €14,276 (+63.5%), from €22,479 to €36,755
mainly Debts after one year (+€29,154) and Receivables within one year (+€20,492)
- Debts after one year +€29,154
up €29,154 (+277%), from €10,527 to €39,681
- Profit (loss) carried forward +€15,654
up €15,654 (+16.5%), from €94,951 to €110,605
- Trade debts -€14,362
down €14,362 (-36.4%), from €39,447 to €25,085
- Other debts +€8,725
new in 2025: €8,725
- Current portion of long-term debt +€3,184
up €3,184 (+20.5%), from €15,498 to €18,682
- Purchases and services -€317,342
down €317,342 (-49.3%), from €643,507 to €326,165
- Staff costs -€9,799
down €9,799 (-16.9%), from €57,829 to €48,030
- Taxes +€6,954
up €6,954 (+227%), from €3,068 to €10,023
- Other operating charges -€2,006
down €2,006 (-32.7%), from €6,140 to €4,134
- Depreciation -€1,352
down €1,352 (-13.1%), from €10,310 to €8,958
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €204,603 | €246,037 | +€41,434 | +20.3% |
| Fixed assets | 21/28 | €22,921 | €70,571 | +€47,650 | +208% |
| Tangible fixed assets | 22/27 | €22,871 | €70,521 | +€47,650 | +208% |
| Land and buildings | 22 | €232 | - | -€232 | |
| Furniture and vehicles | 24 | €22,639 | €70,521 | +€47,882 | +212% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €181,682 | €175,466 | -€6,216 | -3.4% |
| Amounts receivable within one year | 40/41 | €159,202 | €138,711 | -€20,492 | -12.9% |
| Trade receivables | 40 | €138,711 | €134,637 | -€4,075 | -2.9% |
| Other amounts receivable | 41 | €20,491 | €4,074 | -€16,417 | -80.1% |
| Cash at bank and in hand | 54/58 | €22,479 | €36,755 | +€14,276 | +63.5% |
| Total equity and liabilities | 10/49 | €204,603 | €246,037 | +€41,434 | +20.3% |
| Equity | 10/15 | €119,845 | €135,500 | +€15,654 | +13.1% |
| Contributions | 10/11 | €22,310 | €24,895 | +€2,584 | +11.6% |
| Capital | 10 | €22,310 | - | -€22,310 | |
| Issued capital | 100 | €22,310 | - | -€22,310 | |
| Reserves | 13 | €2,584 | - | -€2,584 | |
| Non-distributable reserves | 130/1 | €2,584 | - | -€2,584 | |
| Legal reserve | 130 | €2,584 | - | -€2,584 | |
| Profit (loss) carried forward | 14 | €94,951 | €110,605 | +€15,654 | +16.5% |
| Amounts payable | 17/49 | €84,757 | €110,537 | +€25,780 | +30.4% |
| Amounts payable after more than one year | 17 | €10,527 | €39,681 | +€29,154 | +277% |
| Financial debts | 170/4 | €10,527 | €39,681 | +€29,154 | +277% |
| Amounts payable within one year | 42/48 | €74,231 | €70,856 | -€3,375 | -4.5% |
| Current portion of amounts payable after more than one year | 42 | €15,498 | €18,682 | +€3,184 | +20.5% |
| Trade debts | 44 | €39,447 | €25,085 | -€14,362 | -36.4% |
| Suppliers | 440/4 | €39,447 | €25,085 | -€14,362 | -36.4% |
| Taxes, remuneration and social security | 45 | €19,286 | €18,364 | -€922 | -4.8% |
| Taxes | 450/3 | €11,204 | €8,370 | -€2,834 | -25.3% |
| Remuneration and social security | 454/9 | €8,082 | €9,994 | +€1,912 | +23.7% |
| Other amounts payable | 47/48 | - | €8,725 | +€8,725 | |
| Goods, raw materials, services and sundry goods | 60/61 | €643,507 | €326,165 | -€317,342 | -49.3% |
| Remuneration, social security and pensions | 62 | €57,829 | €48,030 | -€9,799 | -16.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,310 | €8,958 | -€1,352 | -13.1% |
| Other operating charges | 640/8 | €6,140 | €4,134 | -€2,006 | -32.7% |
| Non-recurring operating charges | 66A | €8,341 | €3,313 | -€5,027 | -60.3% |
| Gross operating margin | 9900 | €92,284 | €92,136 | -€148 | -0.2% |
| Operating profit (loss) | 9901 | €9,665 | €27,701 | +€18,037 | +187% |
| Financial income | 75/76B | €108 | - | -€108 | |
| Recurring financial income | 75 | €108 | - | -€108 | |
| Financial charges | 65/66B | €2,534 | €2,024 | -€510 | -20.1% |
| Recurring financial charges | 65 | €2,534 | €2,024 | -€510 | -20.1% |
| Profit (loss) for the period before taxes | 9903 | €7,239 | €25,677 | +€18,438 | +255% |
| Income taxes | 67/77 | €3,068 | €10,023 | +€6,954 | +227% |
| Profit (loss) for the period | 9904 | €4,170 | €15,654 | +€11,484 | +275% |
| Profit (loss) for the period to be appropriated | 9905 | €4,170 | €15,654 | +€11,484 | +275% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.