HTI SECURITY: what changed
Two fiscal 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.
HTI SECURITY
Largest movements
- Stocks and contracts +€57,789
up €57,789 (+26.3%), from €219,626 to €277,415
- Receivables within one year +€43,042
up €43,042 (+84.7%), from €50,847 to €93,889
of which Trade receivables: +€93,889
- Cash +€29,333
up €29,333 (+17.3%), from €169,589 to €198,922
mainly Net result for the year (+€276,166) and Other debts (+€32,509)
- Tangible fixed assets -€8,446
down €8,446 (-8.7%), from €96,604 to €88,158
of which Furniture and vehicles: -€23,474
- Profit (loss) carried forward +€40,872
up €40,872 (+15.6%), from €261,598 to €302,470
- Other debts +€32,509
up €32,509 (+16.0%), from €202,785 to €235,294
- Trade debts +€27,941
new in 2025: €27,941
- Tax, wage and social debts +€18,882
up €18,882 (+23.1%), from €81,774 to €100,656
of which Taxes: +€17,856
- Gross operating margin +€87,770
up €87,770 (+21.5%), from €407,987 to €495,756
- Staff costs +€10,225
up €10,225 (+11.1%), from €91,730 to €101,955
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 | €564,757 | €684,960 | +€120,204 | +21.3% |
| Fixed assets | 21/28 | €98,428 | €88,613 | -€9,816 | -10.0% |
| Intangible fixed assets | 21 | €1,774 | €455 | -€1,320 | -74.4% |
| Tangible fixed assets | 22/27 | €96,604 | €88,158 | -€8,446 | -8.7% |
| Plant, machinery and equipment | 23 | €15,017 | €19,991 | +€4,974 | +33.1% |
| Furniture and vehicles | 24 | €63,659 | €40,185 | -€23,474 | -36.9% |
| Other tangible fixed assets | 26 | €17,928 | €27,983 | +€10,055 | +56.1% |
| Financial fixed assets | 28 | €50 | - | -€50 | |
| Current assets | 29/58 | €466,328 | €596,347 | +€130,019 | +27.9% |
| Stocks and contracts in progress | 3 | €219,626 | €277,415 | +€57,789 | +26.3% |
| Stocks | 30/36 | €219,626 | €277,415 | +€57,789 | +26.3% |
| Amounts receivable within one year | 40/41 | €50,847 | €93,889 | +€43,042 | +84.7% |
| Trade receivables | 40 | - | €93,889 | +€93,889 | |
| Other amounts receivable | 41 | €50,847 | - | -€50,847 | |
| Current investments | 50/53 | €23,959 | €24,060 | +€101 | +0.4% |
| Cash at bank and in hand | 54/58 | €169,589 | €198,922 | +€29,333 | +17.3% |
| Deferred charges and accrued income | 490/1 | €2,308 | €2,061 | -€246 | -10.7% |
| Total equity and liabilities | 10/49 | €564,757 | €684,960 | +€120,204 | +21.3% |
| Equity | 10/15 | €280,198 | €321,070 | +€40,872 | +14.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €261,598 | €302,470 | +€40,872 | +15.6% |
| Amounts payable | 17/49 | €284,559 | €363,890 | +€79,332 | +27.9% |
| Amounts payable within one year | 42/48 | €284,559 | €363,890 | +€79,332 | +27.9% |
| Trade debts | 44 | - | €27,941 | +€27,941 | |
| Suppliers | 440/4 | - | €27,941 | +€27,941 | |
| Taxes, remuneration and social security | 45 | €81,774 | €100,656 | +€18,882 | +23.1% |
| Taxes | 450/3 | €69,551 | €87,407 | +€17,856 | +25.7% |
| Remuneration and social security | 454/9 | €12,222 | €13,249 | +€1,027 | +8.4% |
| Other amounts payable | 47/48 | €202,785 | €235,294 | +€32,509 | +16.0% |
| Remuneration, social security and pensions | 62 | €91,730 | €101,955 | +€10,225 | +11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €32,492 | €32,217 | -€275 | -0.8% |
| Other operating charges | 640/8 | - | €394 | +€394 | |
| Gross operating margin | 9900 | €407,987 | €495,756 | +€87,770 | +21.5% |
| Operating profit (loss) | 9901 | €283,765 | €361,191 | +€77,426 | +27.3% |
| Financial income | 75/76B | €143 | €144 | +€1 | +0.6% |
| Recurring financial income | 75 | €143 | €144 | +€1 | +0.6% |
| Financial charges | 65/66B | €1,141 | €1,077 | -€64 | -5.6% |
| Recurring financial charges | 65 | €1,141 | €1,077 | -€64 | -5.6% |
| Profit (loss) for the period before taxes | 9903 | €282,768 | €360,258 | +€77,490 | +27.4% |
| Income taxes | 67/77 | €79,983 | €84,092 | +€4,109 | +5.1% |
| Profit (loss) for the period | 9904 | €202,785 | €276,166 | +€73,381 | +36.2% |
| Profit (loss) for the period to be appropriated | 9905 | €202,785 | €276,166 | +€73,381 | +36.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.