HOME SECURITY SYSTEMS: 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.
HOME SECURITY SYSTEMS
Largest movements
- Receivables within one year +€38,844
up €38,844 (+252.3%), from €15,393 to €54,237
of which Trade receivables: +€38,149
- Tangible fixed assets +€17,536
up €17,536 (+29.1%), from €60,277 to €77,813
of which Furniture and vehicles: +€20,175
- Cash +€11,612
up €11,612 (+18.8%), from €61,926 to €73,538
mainly Trade debts (+€43,126) and Depreciation (+€20,268)
- Trade debts +€43,126
up €43,126 (+1377.8%), from €3,130 to €46,256
- Debts after one year +€10,261
up €10,261 (+32.0%), from €32,059 to €42,321
- Reserves +€6,500
up €6,500 (+8.5%), from €76,160 to €82,660
- Current portion of long-term debt +€6,105
up €6,105 (+71.3%), from €8,560 to €14,664
- Gross operating margin -€17,884
down €17,884 (-33.8%), from €52,899 to €35,014
- Taxes -€10,810
down €10,810 (-77.1%), from €14,020 to €3,211
- Depreciation +€10,793
up €10,793 (+113.9%), from €9,475 to €20,268
- Financial charges +€1,340
up €1,340 (+83.4%), from €1,607 to €2,947
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.
Cash bridge derived
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 | €183,195 | €248,182 | +€64,987 | +35.5% |
| Fixed assets | 21/28 | €60,383 | €77,919 | +€17,536 | +29.0% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €60,277 | €77,813 | +€17,536 | +29.1% |
| Land and buildings | 22 | €14,858 | €12,219 | -€2,639 | -17.8% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €45,419 | €65,594 | +€20,175 | +44.4% |
| Financial fixed assets | 28 | €106 | €106 | = | 0.0% |
| Current assets | 29/58 | €122,812 | €170,263 | +€47,451 | +38.6% |
| Stocks and contracts in progress | 3 | €32,097 | €30,728 | -€1,369 | -4.3% |
| Stocks | 30/36 | €32,097 | €30,728 | -€1,369 | -4.3% |
| Amounts receivable within one year | 40/41 | €15,393 | €54,237 | +€38,844 | +252.3% |
| Trade receivables | 40 | €12,172 | €50,321 | +€38,149 | +313.4% |
| Other amounts receivable | 41 | €3,221 | €3,916 | +€695 | +21.6% |
| Current investments | 50/53 | €10,737 | €10,737 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €61,926 | €73,538 | +€11,612 | +18.8% |
| Deferred charges and accrued income | 490/1 | €2,659 | €1,023 | -€1,636 | -61.5% |
| Total equity and liabilities | 10/49 | €183,195 | €248,182 | +€64,987 | +35.5% |
| Equity | 10/15 | €130,319 | €136,880 | +€6,561 | +5.0% |
| Contributions | 10/11 | €14,642 | €14,642 | = | 0.0% |
| Reserves | 13 | €76,160 | €82,660 | +€6,500 | +8.5% |
| Distributable reserves | 133 | €76,160 | €82,660 | +€6,500 | +8.5% |
| Profit (loss) carried forward | 14 | €39,516 | €39,578 | +€61 | +0.2% |
| Amounts payable | 17/49 | €52,876 | €111,302 | +€58,426 | +110.5% |
| Amounts payable after more than one year | 17 | €32,059 | €42,321 | +€10,261 | +32.0% |
| Financial debts | 170/4 | €32,059 | €42,321 | +€10,261 | +32.0% |
| Amounts payable within one year | 42/48 | €20,817 | €68,981 | +€48,165 | +231.4% |
| Current portion of amounts payable after more than one year | 42 | €8,560 | €14,664 | +€6,105 | +71.3% |
| Trade debts | 44 | €3,130 | €46,256 | +€43,126 | +1377.8% |
| Suppliers | 440/4 | €3,130 | €46,256 | +€43,126 | +1377.8% |
| Taxes, remuneration and social security | 45 | €7,956 | €7,948 | -€8 | -0.1% |
| Taxes | 450/3 | €7,956 | €7,948 | -€8 | -0.1% |
| Other amounts payable | 47/48 | €1,171 | €114 | -€1,057 | -90.3% |
| Non-recurring operating income | 76A | €38,009 | €3,251 | -€34,758 | -91.4% |
| Remuneration, social security and pensions | 62 | €595 | €737 | +€141 | +23.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,475 | €20,268 | +€10,793 | +113.9% |
| Other operating charges | 640/8 | €1,476 | €1,729 | +€253 | +17.1% |
| Gross operating margin | 9900 | €52,899 | €35,014 | -€17,884 | -33.8% |
| Operating profit (loss) | 9901 | €41,352 | €12,281 | -€29,071 | -70.3% |
| Financial income | 75/76B | €81 | €438 | +€357 | +443.5% |
| Recurring financial income | 75 | €81 | €438 | +€357 | +443.5% |
| Financial charges | 65/66B | €1,607 | €2,947 | +€1,340 | +83.4% |
| Recurring financial charges | 65 | €1,607 | €2,947 | +€1,340 | +83.4% |
| Profit (loss) for the period before taxes | 9903 | €39,826 | €9,772 | -€30,054 | -75.5% |
| Income taxes | 67/77 | €14,020 | €3,211 | -€10,810 | -77.1% |
| Profit (loss) for the period | 9904 | €25,806 | €6,561 | -€19,245 | -74.6% |
| Profit (loss) for the period to be appropriated | 9905 | €25,806 | €6,561 | -€19,245 | -74.6% |
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 9 October 2026 via checked.be.