GLOBAL CONCEPT SECURITY: 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.
GLOBAL CONCEPT SECURITY
Largest movements
- Receivables within one year -€51,717
down €51,717 (-12.9%), from €400,658 to €348,941
of which Other amounts receivable: -€45,284
- Cash -€13,816
down €13,816 (-4.0%), from €349,177 to €335,361
mainly Advances received (-€67,977) and Trade debts (-€39,606)
- Advances received -€67,977
no longer reported in 2025 (was €67,977)
- Profit (loss) carried forward +€40,120
up €40,120 (+6.9%), from €583,397 to €623,517
- Trade debts -€39,606
down €39,606 (-75.3%), from €52,597 to €12,991
- Gross operating margin -€290,850
down €290,850 (-81.9%), from €355,232 to €64,383
- Staff costs -€18,429
no longer reported in 2025 (was €18,429)
- Taxes -€11,741
down €11,741 (-39.7%), from €29,556 to €17,815
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 | €753,189 | €685,420 | -€67,770 | -9.0% |
| Fixed assets | 21/28 | €3,354 | €1,118 | -€2,236 | -66.7% |
| Intangible fixed assets | 21 | €1,000 | - | -€1,000 | |
| Tangible fixed assets | 22/27 | €2,132 | €895 | -€1,236 | -58.0% |
| Furniture and vehicles | 24 | €2,132 | €895 | -€1,236 | -58.0% |
| Financial fixed assets | 28 | €222 | €222 | = | 0.0% |
| Current assets | 29/58 | €749,836 | €684,302 | -€65,533 | -8.7% |
| Amounts receivable within one year | 40/41 | €400,658 | €348,941 | -€51,717 | -12.9% |
| Trade receivables | 40 | €6,433 | - | -€6,433 | |
| Other amounts receivable | 41 | €394,225 | €348,941 | -€45,284 | -11.5% |
| Cash at bank and in hand | 54/58 | €349,177 | €335,361 | -€13,816 | -4.0% |
| Total equity and liabilities | 10/49 | €753,189 | €685,420 | -€67,770 | -9.0% |
| Equity | 10/15 | €603,857 | €643,977 | +€40,120 | +6.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €583,397 | €623,517 | +€40,120 | +6.9% |
| Amounts payable | 17/49 | €149,333 | €41,443 | -€107,890 | -72.2% |
| Amounts payable within one year | 42/48 | €149,333 | €41,443 | -€107,890 | -72.2% |
| Financial debts | 43 | €25,000 | €25,000 | = | 0.0% |
| Credit institutions | 430/8 | €25,000 | €25,000 | = | 0.0% |
| Trade debts | 44 | €52,597 | €12,991 | -€39,606 | -75.3% |
| Suppliers | 440/4 | €52,597 | €12,991 | -€39,606 | -75.3% |
| Advances received on contracts in progress | 46 | €67,977 | - | -€67,977 | |
| Taxes, remuneration and social security | 45 | €3,758 | €3,452 | -€307 | -8.2% |
| Taxes | 450/3 | - | €1,452 | +€1,452 | |
| Remuneration and social security | 454/9 | €3,758 | €2,000 | -€1,758 | -46.8% |
| Remuneration, social security and pensions | 62 | €18,429 | - | -€18,429 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,236 | €2,236 | = | 0.0% |
| Other operating charges | 640/8 | €4,886 | €2,521 | -€2,364 | -48.4% |
| Gross operating margin | 9900 | €355,232 | €64,383 | -€290,850 | -81.9% |
| Operating profit (loss) | 9901 | €329,682 | €59,625 | -€270,057 | -81.9% |
| Financial income | 75/76B | €16 | €16 | -€0 | -1.5% |
| Recurring financial income | 75 | €16 | €16 | -€0 | -1.5% |
| Financial charges | 65/66B | €1,813 | €1,705 | -€108 | -6.0% |
| Recurring financial charges | 65 | €1,813 | €1,705 | -€108 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | €327,885 | €57,935 | -€269,949 | -82.3% |
| Income taxes | 67/77 | €29,556 | €17,815 | -€11,741 | -39.7% |
| Profit (loss) for the period | 9904 | €298,328 | €40,120 | -€258,208 | -86.6% |
| Profit (loss) for the period to be appropriated | 9905 | €298,328 | €40,120 | -€258,208 | -86.6% |
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 14 October 2026 via checked.be.