G4S SECURITY SYSTEMS: what changed
What changed
G4S SECURITY SYSTEMS
NACE 43.211, General electrical installation work
filed annual accounts (NBB)
Net result for the year
€980,483
2024 · €687,817+€292,666
Equity
€11.5m
2024 · €10.5m+€980,483
Cash
€2,491
2024 · €3,493-€1,002
Balance sheet total
€24.3m
2024 · €24.5m-€210,689
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Advances received -€2.1m
down €2.1m (-28.0%), from €7.7m to €5.5m
- Profit (loss) carried forward +€980,483
up €980,483 (+8.6%), from -€11.3m to -€10.4m
- Trade debts +€405,456
up €405,456 (+16.5%), from €2.5m to €2.9m
- Accrued charges and deferred income +€378,767
up €378,767 (+28.6%), from €1.3m to €1.7m
Income statement
- Turnover +€2.2m
up €2.2m (+8.6%), from €25.3m to €27.5m
- Goods and materials +€1.4m
up €1.4m (+14.0%), from €9.7m to €11.0m
of which Purchases: +€1.5m
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
€687,817
Turnover
+€2.2m
Other operating income
-€89,417
Goods and materials
-€1.4m
Services and other goods
-€146,567
Staff costs
-€126,243
Depreciation
-€69,433
Write-downs
+€67,728
Provisions
-€50,572
Other operating charges
-€104,379
Other operating items
+€223,244
Financial income
-€95,816
Financial charges
+€3,658
Taxes
-€151,159
Result 2025
€980,483
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
+€375,005
Investment
-€376,007
Financing
€0
Cash 2024
€3,493
From operations (derived)
+€375,005
Net result for the year
+€980,483
Depreciation
+€92,868
Stocks and contracts
+€175,696
Receivables within one year
+€241,072
Deferred charges and accrued income
+€76,059
Provisions
-€6,539
Trade debts
+€405,456
Tax, wage and social debts
+€173,700
Advances received
-€2.1m
Accrued charges and deferred income
+€378,767
Investment (derived)
-€376,007
Investment in fixed assets (net)
-€376,007
Cash 2025
€2,491
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €24,504,369 | €24,293,680 | -€210,689 | -0.9% |
| Fixed assets | 21/28 | €40,928 | €324,067 | +€283,139 | +692% |
| Intangible fixed assets | 21 | - | €109,539 | +€109,539 | |
| Tangible fixed assets | 22/27 | €40,928 | €214,528 | +€173,601 | +424% |
| Plant, machinery and equipment | 23 | €40,928 | €214,528 | +€173,601 | +424% |
| Current assets | 29/58 | €24,463,442 | €23,969,613 | -€493,829 | -2.0% |
| Stocks and contracts in progress | 3 | €11,650,481 | €11,474,785 | -€175,696 | -1.5% |
| Stocks | 30/36 | €868,280 | €753,016 | -€115,264 | -13.3% |
| Goods purchased for resale | 34 | €868,280 | €753,016 | -€115,264 | -13.3% |
| Contracts in progress | 37 | €10,782,200 | €10,721,769 | -€60,431 | -0.6% |
| Amounts receivable within one year | 40/41 | €12,252,908 | €12,011,836 | -€241,072 | -2.0% |
| Trade receivables | 40 | €4,121,895 | €4,206,576 | +€84,681 | +2.1% |
| Other amounts receivable | 41 | €8,131,013 | €7,805,261 | -€325,753 | -4.0% |
| Cash at bank and in hand | 54/58 | €3,493 | €2,491 | -€1,002 | -28.7% |
| Deferred charges and accrued income | 490/1 | €556,559 | €480,500 | -€76,059 | -13.7% |
| Total equity and liabilities | 10/49 | €24,504,369 | €24,293,680 | -€210,689 | -0.9% |
| Equity | 10/15 | €10,516,707 | €11,497,190 | +€980,483 | +9.3% |
| Contributions | 10/11 | €21,648,003 | €21,648,003 | = | 0.0% |
| Capital | 10 | €4,657,324 | €4,657,324 | = | 0.0% |
| Issued capital | 100 | €4,657,324 | €4,657,324 | = | 0.0% |
| Contributions outside capital | 11 | €16,990,679 | €16,990,679 | = | 0.0% |
| Share premium | 1100/10 | €16,990,679 | €16,990,679 | = | 0.0% |
| Reserves | 13 | €205,466 | €205,466 | = | 0.0% |
| Non-distributable reserves | 130/1 | €205,466 | €205,466 | = | 0.0% |
| Legal reserve | 130 | €205,466 | €205,466 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,336,762 | -€10,356,279 | +€980,483 | +8.6% |
| Provisions and deferred taxes | 16 | €155,481 | €148,942 | -€6,539 | -4.2% |
| Provisions for liabilities and charges | 160/5 | €155,481 | €148,942 | -€6,539 | -4.2% |
| Pensions and similar obligations | 160 | €35,151 | €28,612 | -€6,539 | -18.6% |
| Major repairs and maintenance | 162 | €60,000 | €60,000 | = | 0.0% |
| Other liabilities and charges | 164/5 | €60,330 | €60,330 | = | 0.0% |
| Amounts payable | 17/49 | €13,832,181 | €12,647,547 | -€1.2m | -8.6% |
| Amounts payable within one year | 42/48 | €12,508,727 | €10,945,326 | -€1.6m | -12.5% |
| Trade debts | 44 | €2,462,026 | €2,867,481 | +€405,456 | +16.5% |
| Suppliers | 440/4 | €2,462,026 | €2,867,481 | +€405,456 | +16.5% |
| Advances received on contracts in progress | 46 | €7,659,649 | €5,517,093 | -€2.1m | -28.0% |
| Taxes, remuneration and social security | 45 | €2,387,052 | €2,560,752 | +€173,700 | +7.3% |
| Taxes | 450/3 | €534,207 | €595,809 | +€61,602 | +11.5% |
| Remuneration and social security | 454/9 | €1,852,845 | €1,964,943 | +€112,097 | +6.1% |
| Accrued charges and deferred income | 492/3 | €1,323,454 | €1,702,221 | +€378,767 | +28.6% |
| Operating income | 70/76A | €25,404,200 | €27,724,776 | +€2.3m | +9.1% |
| Turnover | 70 | €25,296,732 | €27,483,212 | +€2.2m | +8.6% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€283,945 | -€60,431 | +€223,514 | +78.7% |
| Other operating income | 74 | €391,413 | €301,996 | -€89,417 | -22.8% |
| Operating charges | 60/66A | €24,629,212 | €26,413,805 | +€1.8m | +7.2% |
| Goods for resale, raw materials and consumables | 60 | €9,688,507 | €11,043,365 | +€1.4m | +14.0% |
| Purchases | 600/8 | €9,443,923 | €10,928,683 | +€1.5m | +15.7% |
| Change in stocks: decrease (increase) | 609 | €244,585 | €114,682 | -€129,903 | -53.1% |
| Services and other goods | 61 | €5,698,699 | €5,845,266 | +€146,567 | +2.6% |
| Remuneration, social security and pensions | 62 | €9,204,321 | €9,330,564 | +€126,243 | +1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,435 | €92,868 | +€69,433 | +296% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €62,127 | -€5,601 | -€67,728 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€57,112 | -€6,539 | +€50,572 | +88.6% |
| Other operating charges | 640/8 | €9,234 | €113,613 | +€104,379 | +1,130% |
| Non-recurring operating charges | 66A | - | €270 | +€270 | |
| Operating profit (loss) | 9901 | €774,988 | €1,310,971 | +€535,983 | +69.2% |
| Financial income | 75/76B | €355,685 | €259,869 | -€95,816 | -26.9% |
| Recurring financial income | 75 | €355,685 | €259,869 | -€95,816 | -26.9% |
| Income from current assets | 751 | €321,457 | €244,337 | -€77,121 | -24.0% |
| Other financial income | 752/9 | €34,228 | €15,533 | -€18,695 | -54.6% |
| Financial charges | 65/66B | €17,182 | €13,525 | -€3,658 | -21.3% |
| Recurring financial charges | 65 | €17,182 | €13,525 | -€3,658 | -21.3% |
| Other financial charges | 652/9 | €17,182 | €13,525 | -€3,658 | -21.3% |
| Profit (loss) for the period before taxes | 9903 | €1,113,491 | €1,557,316 | +€443,825 | +39.9% |
| Income taxes | 67/77 | €425,674 | €576,833 | +€151,159 | +35.5% |
| Taxes | 670/3 | €425,674 | €576,833 | +€151,159 | +35.5% |
| Profit (loss) for the period | 9904 | €687,817 | €980,483 | +€292,666 | +42.5% |
| Profit (loss) for the period to be appropriated | 9905 | €687,817 | €980,483 | +€292,666 | +42.5% |
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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 4 November 2026 via checked.be.