Fondation Securex: 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.
Fondation Securex
Largest movements
- Cash -€126,518
down €126,518 (-66.2%), from €191,124 to €64,606
mainly Deferred charges and accrued income (-€68,184) and Net result for the year (-€47,819)
- Deferred charges and accrued income +€68,184
up €68,184 (+31.9%), from €213,800 to €281,984
- Profit (loss) carried forward -€47,820
down €47,820 (-8.0%), from €600,494 to €552,674
- Trade debts -€10,500
down €10,500 (-92.1%), from €11,402 to €902
- Gross operating margin +€57,241
up €57,241 (+54.7%), from -€104,710 to -€47,469
- Financial income -€2,461
down €2,461 (-86.7%), from €2,840 to €379
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.
Derived cash bridge
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 | €611,947 | €553,613 | -€58,334 | -9.5% |
| Current assets | 29/58 | €611,947 | €553,613 | -€58,334 | -9.5% |
| Current investments | 50/53 | €207,023 | €207,023 | -€0 | 0.0% |
| Cash at bank and in hand | 54/58 | €191,124 | €64,606 | -€126,518 | -66.2% |
| Deferred charges and accrued income | 490/1 | €213,800 | €281,984 | +€68,184 | +31.9% |
| Total equity and liabilities | 10/49 | €611,947 | €553,613 | -€58,334 | -9.5% |
| Equity | 10/15 | €600,494 | €552,674 | -€47,820 | -8.0% |
| Profit (loss) carried forward | 14 | €600,494 | €552,674 | -€47,820 | -8.0% |
| Amounts payable | 17/49 | €11,453 | €938 | -€10,515 | -91.8% |
| Amounts payable within one year | 42/48 | €11,402 | €902 | -€10,500 | -92.1% |
| Trade debts | 44 | €11,402 | €902 | -€10,500 | -92.1% |
| Suppliers | 440/4 | €11,402 | €902 | -€10,500 | -92.1% |
| Accrued charges and deferred income | 492/3 | €51 | €36 | -€15 | -28.7% |
| Other operating charges | 640/8 | €851 | €114 | -€737 | -86.6% |
| Gross operating margin | 9900 | -€104,710 | -€47,469 | +€57,241 | +54.7% |
| Operating profit (loss) | 9901 | -€105,561 | -€47,583 | +€57,978 | +54.9% |
| Financial income | 75/76B | €2,840 | €379 | -€2,461 | -86.7% |
| Recurring financial income | 75 | €2,840 | €379 | -€2,461 | -86.7% |
| Financial charges | 65/66B | €624 | €615 | -€9 | -1.4% |
| Recurring financial charges | 65 | €624 | €615 | -€9 | -1.4% |
| Profit (loss) for the period before taxes | 9903 | -€103,345 | -€47,819 | +€55,526 | +53.7% |
| Profit (loss) for the period | 9904 | -€103,345 | -€47,819 | +€55,526 | +53.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€103,345 | -€47,819 | +€55,526 | +53.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.