GESECO SECURITY BELGIUM: what changed
What changed
GESECO SECURITY BELGIUM
NACE 80.010, Investigation and private security services
filed annual accounts (NBB)
Net result for the year
€6,386
2015 · -€762+€7,148
Equity
€6,632
2015 · €246+€6,386
Cash
€156,811
2015 · €42,185+€114,626
Balance sheet total
€478,114
2015 · €506,428-€28,314
Largest movements
Assets
- Current assets -€35,546
down €35,546 (-7.0%), from €505,685 to €470,139
of which Receivables within one year: -€109,642
Equity and liabilities
- Debts within one year -€34,700
down €34,700 (-6.9%), from €506,182 to €471,482
- Profit (loss) carried forward +€6,386
up €6,386, from -€5,954 to €432
Income statement
- Gross operating margin +€55,984
up €55,984, from -€6,041 to €49,943
- Depreciation +€2,302
up €2,302 (+620%), from €371 to €2,673
Change in the result, 2015 to 2016
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 2015
-€762
Gross operating margin
+€55,984
Depreciation
-€2,302
Other operating items
-€38,296
Financial income
-€10,717
Financial charges
+€1,985
Other financial items
+€494
Result 2016
€6,386
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts. So the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2015 | 2016 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €506,428 | €478,114 | -€28,314 | -5.6% |
| Fixed assets | 21/28 | €743 | €7,974 | +€7,231 | +973% |
| Tangible fixed assets | 22/27 | €743 | €4,974 | +€4,231 | +570% |
| Financial fixed assets | 28 | - | €3,000 | +€3,000 | |
| Current assets | 29/58 | €505,685 | €470,139 | -€35,546 | -7.0% |
| Amounts receivable within one year | 40/41 | €422,970 | €313,328 | -€109,642 | -25.9% |
| Cash at bank and in hand | 54/58 | €42,185 | €156,811 | +€114,626 | +272% |
| Total equity and liabilities | 10/49 | €506,428 | €478,114 | -€28,314 | -5.6% |
| Equity | 10/15 | €246 | €6,632 | +€6,386 | +2,596% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,954 | €432 | +€6,386 | |
| Amounts payable | 17/49 | €506,182 | €471,482 | -€34,700 | -6.9% |
| Amounts payable within one year | 42/48 | €506,182 | €471,482 | -€34,700 | -6.9% |
| Trade debts | 44 | €496,185 | €471,482 | -€24,703 | -5.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €371 | €2,673 | +€2,302 | +620% |
| Gross operating margin | 9900 | -€6,041 | €49,943 | +€55,984 | |
| Operating profit (loss) | 9901 | -€7,192 | €8,194 | +€15,386 | |
| Recurring financial income | 75 | €10,803 | €86 | -€10,717 | -99.2% |
| Recurring financial charges | 65 | €3,879 | €1,894 | -€1,985 | -51.2% |
| Profit (loss) for the period before taxes | 9903 | -€762 | €6,386 | +€7,148 | |
| Profit (loss) for the period | 9904 | -€762 | €6,386 | +€7,148 | |
| Profit (loss) for the period to be appropriated | 9905 | -€762 | €6,386 | +€7,148 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2015 and 31 December 2016. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.