Fire Engineered 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.
What changed
Fire Engineered Solutions
NACE 80.090, Investigation and security activities
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€393,166
2024 · €394,335-€1,169
Equity
€1.6m
2024 · €1.6m+€8,166
Cash
€356,161
2024 · €614,378-€258,217
Balance sheet total
€2.7m
2024 · €2.7m+€9,035
Largest movements
Assets
- Receivables within one year +€375,326
up €375,326 (+22.2%), from €1.7m to €2.1m
of which Trade receivables: +€413,621
- Cash -€258,217
down €258,217 (-42.0%), from €614,378 to €356,161
mainly Contributions, distributions and other (-€385,000) and Receivables within one year (-€375,326)
- Tangible fixed assets -€71,995
down €71,995 (-22.0%), from €326,699 to €254,705
of which Furniture and vehicles: -€52,536
Equity and liabilities
- Accrued charges and deferred income -€71,757
down €71,757 (-70.1%), from €102,423 to €30,666
- Tax, wage and social debts +€45,648
up €45,648 (+15.3%), from €299,277 to €344,924
of which Taxes: +€69,264
- Other debts +€27,318
up €27,318 (+5.0%), from €546,771 to €574,089
Income statement
No income-statement line moved by more than 1% of the activity.
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.
Result 2024
€394,335
Gross operating margin
-€10,487
Staff costs
-€8,041
Depreciation
-€19,468
Provisions
+€1,500
Other operating charges
+€24,505
Other operating items
+€1,179
Financial income
+€1,745
Financial charges
+€6,036
Taxes
+€1,862
Result 2025
€393,166
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.
From operations
+€151,481
Investment
-€20,725
Financing
-€388,972
Cash 2024
€614,378
From operations (derived)
+€151,481
Net result for the year
+€393,166
Depreciation
+€103,702
Receivables after one year
+€12,388
Receivables within one year
-€375,326
Deferred charges and accrued income
+€12,710
Provisions
-€1,500
Trade debts
+€5,132
Tax, wage and social debts
+€45,648
Other debts
+€27,318
Accrued charges and deferred income
-€71,757
Investment (derived)
-€20,725
Investment in fixed assets (net)
-€20,725
Financing
-€388,972
Debts after one year
-€4,756
Current portion of long-term debt
+€61
Short-term financial debts
+€723
Contributions, distributions and other
-€385,000
Cash 2025
€356,161
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,721,601 | €2,730,636 | +€9,035 | +0.3% |
| Fixed assets | 21/28 | €362,855 | €279,878 | -€82,977 | -22.9% |
| Intangible fixed assets | 21 | €30,389 | €17,578 | -€12,811 | -42.2% |
| Tangible fixed assets | 22/27 | €326,699 | €254,705 | -€71,995 | -22.0% |
| Plant, machinery and equipment | 23 | €3,368 | €2,165 | -€1,203 | -35.7% |
| Furniture and vehicles | 24 | €155,174 | €102,638 | -€52,536 | -33.9% |
| Other tangible fixed assets | 26 | €168,157 | €149,902 | -€18,256 | -10.9% |
| Financial fixed assets | 28 | €5,767 | €7,595 | +€1,829 | +31.7% |
| Current assets | 29/58 | €2,358,747 | €2,450,758 | +€92,011 | +3.9% |
| Amounts receivable after more than one year | 29 | €37,699 | €25,311 | -€12,388 | -32.9% |
| Other amounts receivable | 291 | €37,699 | €25,311 | -€12,388 | -32.9% |
| Amounts receivable within one year | 40/41 | €1,688,317 | €2,063,643 | +€375,326 | +22.2% |
| Trade receivables | 40 | €1,591,330 | €2,004,951 | +€413,621 | +26.0% |
| Other amounts receivable | 41 | €96,987 | €58,692 | -€38,295 | -39.5% |
| Cash at bank and in hand | 54/58 | €614,378 | €356,161 | -€258,217 | -42.0% |
| Deferred charges and accrued income | 490/1 | €18,353 | €5,643 | -€12,710 | -69.3% |
| Total equity and liabilities | 10/49 | €2,721,601 | €2,730,636 | +€9,035 | +0.3% |
| Equity | 10/15 | €1,560,189 | €1,568,355 | +€8,166 | +0.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,541,589 | €1,549,755 | +€8,166 | +0.5% |
| Distributable reserves | 133 | €1,541,589 | €1,549,755 | +€8,166 | +0.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Provisions and deferred taxes | 16 | €1,500 | €0 | -€1,500 | -100.0% |
| Provisions for liabilities and charges | 160/5 | €1,500 | €0 | -€1,500 | -100.0% |
| Other liabilities and charges | 164/5 | €1,500 | €0 | -€1,500 | -100.0% |
| Amounts payable | 17/49 | €1,159,913 | €1,162,281 | +€2,368 | +0.2% |
| Amounts payable after more than one year | 17 | €5,555 | €799 | -€4,756 | -85.6% |
| Financial debts | 170/4 | €5,555 | €799 | -€4,756 | -85.6% |
| Amounts payable within one year | 42/48 | €1,051,935 | €1,130,817 | +€78,882 | +7.5% |
| Current portion of amounts payable after more than one year | 42 | €4,696 | €4,756 | +€61 | +1.3% |
| Financial debts | 43 | €1,218 | €1,942 | +€723 | +59.4% |
| Credit institutions | 430/8 | €139 | €1,942 | +€1,803 | +1297.4% |
| Other loans | 439 | €1,080 | €0 | -€1,080 | -100.0% |
| Trade debts | 44 | €199,973 | €205,106 | +€5,132 | +2.6% |
| Suppliers | 440/4 | €199,973 | €205,106 | +€5,132 | +2.6% |
| Taxes, remuneration and social security | 45 | €299,277 | €344,924 | +€45,648 | +15.3% |
| Taxes | 450/3 | €20,566 | €89,830 | +€69,264 | +336.8% |
| Remuneration and social security | 454/9 | €278,711 | €255,095 | -€23,616 | -8.5% |
| Other amounts payable | 47/48 | €546,771 | €574,089 | +€27,318 | +5.0% |
| Accrued charges and deferred income | 492/3 | €102,423 | €30,666 | -€71,757 | -70.1% |
| Remuneration, social security and pensions | 62 | €1,979,267 | €1,987,308 | +€8,041 | +0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €84,235 | €103,702 | +€19,468 | +23.1% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €0 | -€1,500 | -€1,500 | |
| Other operating charges | 640/8 | €31,809 | €7,304 | -€24,505 | -77.0% |
| Non-recurring operating charges | 66A | €2,186 | €1,007 | -€1,179 | -53.9% |
| Gross operating margin | 9900 | €2,673,802 | €2,663,315 | -€10,487 | -0.4% |
| Operating profit (loss) | 9901 | €576,305 | €565,494 | -€10,811 | -1.9% |
| Financial income | 75/76B | €394 | €2,139 | +€1,745 | +443.0% |
| Recurring financial income | 75 | €394 | €2,139 | +€1,745 | +443.0% |
| Financial charges | 65/66B | €31,019 | €24,983 | -€6,036 | -19.5% |
| Recurring financial charges | 65 | €31,019 | €24,983 | -€6,036 | -19.5% |
| Profit (loss) for the period before taxes | 9903 | €545,680 | €542,650 | -€3,030 | -0.6% |
| Income taxes | 67/77 | €151,345 | €149,484 | -€1,862 | -1.2% |
| Profit (loss) for the period | 9904 | €394,335 | €393,166 | -€1,169 | -0.3% |
| Profit (loss) for the period to be appropriated | 9905 | €394,335 | €393,166 | -€1,169 | -0.3% |
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 7 October 2026 via checked.be.