G4S SAFETY SYSTEMS: what changed
What changed
G4S SAFETY SYSTEMS
NACE 71.209, Other technical testing and analysis
filed annual accounts (NBB)
Net result for the year
€154,937
2024 · €660,241-€505,304
Equity
€4.8m
2024 · €4.6m+€154,937
Cash
€3,641
2024 · €9,648-€6,006
Balance sheet total
€5.4m
2024 · €5.5m-€163,935
Largest movements
Assets
- Tangible fixed assets -€188,131
down €188,131 (-64.8%), from €290,246 to €102,115
- Receivables within one year +€94,842
up €94,842 (+2.0%), from €4.7m to €4.8m
of which Other amounts receivable: +€391,446
Equity and liabilities
- Tax, wage and social debts -€234,254
down €234,254 (-74.4%), from €314,880 to €80,626
of which Taxes: -€204,781
- Profit (loss) carried forward +€154,937
up €154,937 (+3.8%), from €4.0m to €4.2m
- Trade debts -€65,855
down €65,855 (-12.9%), from €508,886 to €443,031
Income statement
- Turnover -€3.7m
down €3.7m (-51.4%), from €7.2m to €3.5m
- Goods and materials -€2.5m
down €2.5m (-60.6%), from €4.2m to €1.6m
of which Purchases: -€1.6m
- Staff costs -€309,612
down €309,612 (-40.0%), from €774,946 to €465,334
- Taxes -€186,321
down €186,321 (-73.0%), from €255,270 to €68,950
- Other operating income +€104,836
up €104,836 (+364%), from €28,762 to €133,598
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.
Result 2024
€660,241
Turnover
-€3.7m
Other operating income
+€104,836
Goods and materials
+€2.5m
Services and other goods
+€88,326
Staff costs
+€309,612
Depreciation
+€89,448
Write-downs
+€4,323
Other operating charges
+€6,827
Other operating items
-€124,641
Financial income
+€3,595
Financial charges
+€9,427
Taxes
+€186,321
Result 2025
€154,937
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€91,597
Investment
+€90,055
Financing
-€4,464
Cash 2024
€9,648
From operations (derived)
-€91,597
Net result for the year
+€154,937
Depreciation
+€103,772
Stocks and contracts
+€52,837
Receivables within one year
-€94,842
Deferred charges and accrued income
+€6,107
Trade debts
-€65,855
Tax, wage and social debts
-€234,254
Other debts
-€52,734
Accrued charges and deferred income
+€38,435
Investment (derived)
+€90,055
Investment in fixed assets (net)
+€90,055
Financing
-€4,464
Short-term financial debts
-€4,464
Cash 2025
€3,641
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,549,063 | €5,385,128 | -€163,935 | -3.0% |
| Fixed assets | 21/28 | €306,982 | €113,155 | -€193,827 | -63.1% |
| Intangible fixed assets | 21 | €16,736 | €11,040 | -€5,696 | -34.0% |
| Tangible fixed assets | 22/27 | €290,246 | €102,115 | -€188,131 | -64.8% |
| Plant, machinery and equipment | 23 | €290,246 | €102,115 | -€188,131 | -64.8% |
| Current assets | 29/58 | €5,242,081 | €5,271,973 | +€29,892 | +0.6% |
| Stocks and contracts in progress | 3 | €522,492 | €469,655 | -€52,837 | -10.1% |
| Stocks | 30/36 | €522,492 | €469,655 | -€52,837 | -10.1% |
| Goods purchased for resale | 34 | €522,492 | €469,655 | -€52,837 | -10.1% |
| Amounts receivable within one year | 40/41 | €4,682,455 | €4,777,297 | +€94,842 | +2.0% |
| Trade receivables | 40 | €873,150 | €576,546 | -€296,604 | -34.0% |
| Other amounts receivable | 41 | €3,809,305 | €4,200,751 | +€391,446 | +10.3% |
| Cash at bank and in hand | 54/58 | €9,648 | €3,641 | -€6,006 | -62.3% |
| Deferred charges and accrued income | 490/1 | €27,486 | €21,379 | -€6,107 | -22.2% |
| Total equity and liabilities | 10/49 | €5,549,063 | €5,385,128 | -€163,935 | -3.0% |
| Equity | 10/15 | €4,603,605 | €4,758,542 | +€154,937 | +3.4% |
| Contributions | 10/11 | €496,667 | €496,667 | = | 0.0% |
| Capital | 10 | €496,667 | €496,667 | = | 0.0% |
| Issued capital | 100 | €745,000 | €745,000 | = | 0.0% |
| Uncalled capital | 101 | €248,333 | €248,333 | = | 0.0% |
| Reserves | 13 | €74,500 | €74,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €74,500 | €74,500 | = | 0.0% |
| Legal reserve | 130 | €74,500 | €74,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,032,438 | €4,187,375 | +€154,937 | +3.8% |
| Amounts payable | 17/49 | €945,458 | €626,586 | -€318,872 | -33.7% |
| Amounts payable within one year | 42/48 | €880,964 | €523,657 | -€357,307 | -40.6% |
| Financial debts | 43 | €4,464 | - | -€4,464 | |
| Other loans | 439 | €4,464 | - | -€4,464 | |
| Trade debts | 44 | €508,886 | €443,031 | -€65,855 | -12.9% |
| Suppliers | 440/4 | €508,886 | €443,031 | -€65,855 | -12.9% |
| Taxes, remuneration and social security | 45 | €314,880 | €80,626 | -€234,254 | -74.4% |
| Taxes | 450/3 | €235,601 | €30,820 | -€204,781 | -86.9% |
| Remuneration and social security | 454/9 | €79,278 | €49,805 | -€29,473 | -37.2% |
| Other amounts payable | 47/48 | €52,734 | - | -€52,734 | |
| Accrued charges and deferred income | 492/3 | €64,495 | €102,929 | +€38,435 | +59.6% |
| Operating income | 70/76A | €7,254,946 | €3,646,777 | -€3.6m | -49.7% |
| Turnover | 70 | €7,226,184 | €3,513,179 | -€3.7m | -51.4% |
| Other operating income | 74 | €28,762 | €133,598 | +€104,836 | +364% |
| Operating charges | 60/66A | €6,435,568 | €3,532,046 | -€2.9m | -45.1% |
| Goods for resale, raw materials and consumables | 60 | €4,173,178 | €1,643,552 | -€2.5m | -60.6% |
| Purchases | 600/8 | €3,179,220 | €1,590,716 | -€1.6m | -50.0% |
| Change in stocks: decrease (increase) | 609 | €993,958 | €52,837 | -€941,121 | -94.7% |
| Services and other goods | 61 | €1,275,413 | €1,187,087 | -€88,326 | -6.9% |
| Remuneration, social security and pensions | 62 | €774,946 | €465,334 | -€309,612 | -40.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €193,220 | €103,772 | -€89,448 | -46.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €8,017 | €3,694 | -€4,323 | -53.9% |
| Other operating charges | 640/8 | €10,794 | €3,967 | -€6,827 | -63.2% |
| Non-recurring operating charges | 66A | - | €124,641 | +€124,641 | |
| Operating profit (loss) | 9901 | €819,378 | €114,731 | -€704,647 | -86.0% |
| Financial income | 75/76B | €112,780 | €116,375 | +€3,595 | +3.2% |
| Recurring financial income | 75 | €112,780 | €116,375 | +€3,595 | +3.2% |
| Income from current assets | 751 | €92,940 | €115,653 | +€22,712 | +24.4% |
| Other financial income | 752/9 | €19,840 | €722 | -€19,117 | -96.4% |
| Financial charges | 65/66B | €16,647 | €7,219 | -€9,427 | -56.6% |
| Recurring financial charges | 65 | €16,647 | €7,219 | -€9,427 | -56.6% |
| Debt charges | 650 | €8,426 | - | -€8,426 | |
| Other financial charges | 652/9 | €8,221 | €7,219 | -€1,002 | -12.2% |
| Profit (loss) for the period before taxes | 9903 | €915,511 | €223,887 | -€691,625 | -75.5% |
| Income taxes | 67/77 | €255,270 | €68,950 | -€186,321 | -73.0% |
| Taxes | 670/3 | €255,270 | €68,950 | -€186,321 | -73.0% |
| Profit (loss) for the period | 9904 | €660,241 | €154,937 | -€505,304 | -76.5% |
| Profit (loss) for the period to be appropriated | 9905 | €660,241 | €154,937 | -€505,304 | -76.5% |
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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 6 November 2026 via checked.be.