IQ 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.
IQ SECURITY
Largest movements
- Receivables within one year +€25,161
up €25,161 (+123.8%), from €20,325 to €45,485
of which Other amounts receivable: +€25,632
- Tangible fixed assets +€8,326
up €8,326 (+83.8%), from €9,937 to €18,263
of which Furniture and vehicles: +€10,715
- Deferred charges and accrued income +€1,380
new in 2024: €1,380
- Intangible fixed assets -€800
down €800 (-91.3%), from €877 to €77
- Profit (loss) carried forward +€159,737
up €159,737 (+40.3%), from -€396,336 to -€236,599
- Tax, wage and social debts -€142,080
down €142,080 (-61.5%), from €231,054 to €88,973
of which Remuneration and social security: -€142,046
- Trade debts +€34,137
up €34,137 (+45.9%), from €74,444 to €108,582
- Other debts -€15,254
down €15,254 (-23.4%), from €65,178 to €49,924
- Short-term financial debts -€1,627
down €1,627 (-4.5%), from €36,036 to €34,409
- Gross operating margin +€79,593
up €79,593 (+47.8%), from €166,625 to €246,218
- Financial charges -€8,061
down €8,061 (-39.0%), from €20,680 to €12,619
- Other operating charges -€3,559
down €3,559 (-71.7%), from €4,963 to €1,404
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €31,528 | €66,080 | +€34,552 | +109.6% |
| Fixed assets | 21/28 | €11,028 | €18,514 | +€7,486 | +67.9% |
| Intangible fixed assets | 21 | €877 | €77 | -€800 | -91.3% |
| Tangible fixed assets | 22/27 | €9,937 | €18,263 | +€8,326 | +83.8% |
| Furniture and vehicles | 24 | - | €10,715 | +€10,715 | |
| Other tangible fixed assets | 26 | €9,937 | €7,548 | -€2,389 | -24.0% |
| Financial fixed assets | 28 | €214 | €174 | -€40 | -18.7% |
| Current assets | 29/58 | €20,500 | €47,566 | +€27,066 | +132.0% |
| Amounts receivable within one year | 40/41 | €20,325 | €45,485 | +€25,161 | +123.8% |
| Trade receivables | 40 | €20,256 | €19,785 | -€472 | -2.3% |
| Other amounts receivable | 41 | €68 | €25,701 | +€25,632 | +37567.7% |
| Cash at bank and in hand | 54/58 | €175 | €700 | +€525 | +299.1% |
| Deferred charges and accrued income | 490/1 | - | €1,380 | +€1,380 | |
| Total equity and liabilities | 10/49 | €31,528 | €66,080 | +€34,552 | +109.6% |
| Equity | 10/15 | -€375,546 | -€215,809 | +€159,737 | +42.5% |
| Contributions | 10/11 | €18,900 | €18,900 | = | 0.0% |
| Reserves | 13 | €1,890 | €1,890 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,890 | €1,890 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,890 | €1,890 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€396,336 | -€236,599 | +€159,737 | +40.3% |
| Amounts payable | 17/49 | €407,075 | €281,889 | -€125,186 | -30.8% |
| Amounts payable within one year | 42/48 | €406,713 | €281,889 | -€124,824 | -30.7% |
| Financial debts | 43 | €36,036 | €34,409 | -€1,627 | -4.5% |
| Credit institutions | 430/8 | €36,036 | €34,409 | -€1,627 | -4.5% |
| Trade debts | 44 | €74,444 | €108,582 | +€34,137 | +45.9% |
| Suppliers | 440/4 | €74,444 | €108,582 | +€34,137 | +45.9% |
| Taxes, remuneration and social security | 45 | €231,054 | €88,973 | -€142,080 | -61.5% |
| Taxes | 450/3 | €34 | - | -€34 | |
| Remuneration and social security | 454/9 | €231,020 | €88,973 | -€142,046 | -61.5% |
| Other amounts payable | 47/48 | €65,178 | €49,924 | -€15,254 | -23.4% |
| Accrued charges and deferred income | 492/3 | €362 | - | -€362 | |
| Remuneration, social security and pensions | 62 | €68,633 | €68,842 | +€209 | +0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,884 | €3,790 | -€94 | -2.4% |
| Other operating charges | 640/8 | €4,963 | €1,404 | -€3,559 | -71.7% |
| Gross operating margin | 9900 | €166,625 | €246,218 | +€79,593 | +47.8% |
| Operating profit (loss) | 9901 | €89,145 | €172,182 | +€83,037 | +93.1% |
| Financial income | 75/76B | €495 | €175 | -€320 | -64.6% |
| Recurring financial income | 75 | €495 | €175 | -€320 | -64.6% |
| Financial charges | 65/66B | €20,680 | €12,619 | -€8,061 | -39.0% |
| Recurring financial charges | 65 | €20,680 | €12,619 | -€8,061 | -39.0% |
| Profit (loss) for the period before taxes | 9903 | €68,960 | €159,737 | +€90,777 | +131.6% |
| Profit (loss) for the period | 9904 | €68,960 | €159,737 | +€90,777 | +131.6% |
| Profit (loss) for the period to be appropriated | 9905 | €68,960 | €159,737 | +€90,777 | +131.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.