ISeeCure: 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.
ISeeCure
Largest movements
- Cash +€13,041
up €13,041 (+30.5%), from €42,725 to €55,766
mainly Net result for the year (+€6,480) and Deferred charges and accrued income (+€4,445)
- Deferred charges and accrued income -€4,445
no longer reported in 2025 (was €4,445)
- Tangible fixed assets -€1,819
down €1,819 (-50.6%), from €3,595 to €1,776
- Profit (loss) carried forward +€5,810
up €5,810 (+14.6%), from €39,914 to €45,724
- Tax, wage and social debts +€968
up €968 (+6.3%), from €15,391 to €16,359
- Gross operating margin -€25,206
down €25,206 (-60.4%), from €41,704 to €16,498
- Taxes -€10,177
down €10,177 (-73.7%), from €13,807 to €3,630
- Purchases and services -€8,117
down €8,117 (-22.7%), from €35,681 to €27,564
- Other operating charges -€830
down €830 (-62.7%), from €1,324 to €495
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 | €70,915 | €77,681 | +€6,765 | +9.5% |
| Fixed assets | 21/28 | €3,595 | €1,776 | -€1,819 | -50.6% |
| Tangible fixed assets | 22/27 | €3,595 | €1,776 | -€1,819 | -50.6% |
| Furniture and vehicles | 24 | €3,595 | €1,776 | -€1,819 | -50.6% |
| Current assets | 29/58 | €67,320 | €75,905 | +€8,584 | +12.8% |
| Amounts receivable within one year | 40/41 | €20,150 | €20,139 | -€11 | -0.1% |
| Trade receivables | 40 | €6,768 | €4,320 | -€2,448 | -36.2% |
| Other amounts receivable | 41 | €13,382 | €15,819 | +€2,437 | +18.2% |
| Cash at bank and in hand | 54/58 | €42,725 | €55,766 | +€13,041 | +30.5% |
| Deferred charges and accrued income | 490/1 | €4,445 | - | -€4,445 | |
| Total equity and liabilities | 10/49 | €70,915 | €77,681 | +€6,765 | +9.5% |
| Equity | 10/15 | €55,274 | €61,084 | +€5,810 | +10.5% |
| Contributions | 10/11 | €13,500 | €13,500 | = | 0.0% |
| Capital | 10 | €13,500 | - | -€13,500 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €5,100 | - | -€5,100 | |
| Contributions outside capital | 11 | - | €13,500 | +€13,500 | |
| Other | 1109/19 | - | €13,500 | +€13,500 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €39,914 | €45,724 | +€5,810 | +14.6% |
| Amounts payable | 17/49 | €15,641 | €16,596 | +€956 | +6.1% |
| Amounts payable within one year | 42/48 | €15,641 | €16,596 | +€956 | +6.1% |
| Trade debts | 44 | €250 | €237 | -€13 | -5.0% |
| Suppliers | 440/4 | €250 | €237 | -€13 | -5.0% |
| Taxes, remuneration and social security | 45 | €15,391 | €16,359 | +€968 | +6.3% |
| Taxes | 450/3 | €15,391 | €16,359 | +€968 | +6.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €35,681 | €27,564 | -€8,117 | -22.7% |
| Remuneration, social security and pensions | 62 | - | €133 | +€133 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,845 | €1,819 | -€26 | -1.4% |
| Other operating charges | 640/8 | €1,324 | €495 | -€830 | -62.7% |
| Non-recurring operating charges | 66A | - | €3,793 | +€3,793 | |
| Gross operating margin | 9900 | €41,704 | €16,498 | -€25,206 | -60.4% |
| Operating profit (loss) | 9901 | €38,534 | €10,259 | -€28,276 | -73.4% |
| Financial charges | 65/66B | €101 | €149 | +€47 | +46.7% |
| Recurring financial charges | 65 | €101 | €149 | +€47 | +46.7% |
| Profit (loss) for the period before taxes | 9903 | €38,433 | €10,110 | -€28,323 | -73.7% |
| Income taxes | 67/77 | €13,807 | €3,630 | -€10,177 | -73.7% |
| Profit (loss) for the period | 9904 | €24,626 | €6,480 | -€18,146 | -73.7% |
| Profit (loss) for the period to be appropriated | 9905 | €24,626 | €6,480 | -€18,146 | -73.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.