KRP 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.
KRP Security Systems
Largest movements
- Receivables within one year +€556,325
up €556,325 (+287%), from €194,108 to €750,433
of which Trade receivables: +€520,483
- Cash -€88,519
down €88,519 (-75.0%), from €117,952 to €29,433
mainly Receivables within one year (-€556,325) and Stocks and contracts (-€38,500)
- Stocks and contracts +€38,500
new in 2025: €38,500
- Tangible fixed assets -€12,812
down €12,812 (-28.5%), from €44,992 to €32,180
of which Furniture and vehicles: -€12,100
- Deferred charges and accrued income +€10,129
up €10,129 (+419%), from €2,420 to €12,549
- Trade debts +€333,394
up €333,394 (+357%), from €93,287 to €426,681
- Reserves +€138,606
up €138,606 (+194%), from €71,349 to €209,955
- Tax, wage and social debts +€32,300
up €32,300 (+20.3%), from €159,131 to €191,432
of which Taxes: +€47,261
- Gross operating margin +€151,882
up €151,882 (+19.2%), from €792,641 to €944,523
- Taxes +€39,394
up €39,394 (+242%), from €16,296 to €55,690
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 | €362,222 | €865,844 | +€503,622 | +139% |
| Fixed assets | 21/28 | €47,742 | €34,930 | -€12,812 | -26.8% |
| Tangible fixed assets | 22/27 | €44,992 | €32,180 | -€12,812 | -28.5% |
| Plant, machinery and equipment | 23 | €1,642 | €930 | -€712 | -43.4% |
| Furniture and vehicles | 24 | €43,349 | €31,249 | -€12,100 | -27.9% |
| Financial fixed assets | 28 | €2,750 | €2,750 | = | 0.0% |
| Current assets | 29/58 | €314,480 | €830,914 | +€516,435 | +164% |
| Stocks and contracts in progress | 3 | - | €38,500 | +€38,500 | |
| Stocks | 30/36 | - | €38,500 | +€38,500 | |
| Amounts receivable within one year | 40/41 | €194,108 | €750,433 | +€556,325 | +287% |
| Trade receivables | 40 | €157,955 | €678,437 | +€520,483 | +330% |
| Other amounts receivable | 41 | €36,154 | €71,996 | +€35,842 | +99.1% |
| Cash at bank and in hand | 54/58 | €117,952 | €29,433 | -€88,519 | -75.0% |
| Deferred charges and accrued income | 490/1 | €2,420 | €12,549 | +€10,129 | +419% |
| Total equity and liabilities | 10/49 | €362,222 | €865,844 | +€503,622 | +139% |
| Equity | 10/15 | €83,849 | €222,455 | +€138,606 | +165% |
| Contributions | 10/11 | €12,500 | €12,500 | = | 0.0% |
| Reserves | 13 | €71,349 | €209,955 | +€138,606 | +194% |
| Distributable reserves | 133 | €71,349 | €209,955 | +€138,606 | +194% |
| Amounts payable | 17/49 | €278,373 | €643,389 | +€365,016 | +131% |
| Amounts payable after more than one year | 17 | €9,427 | €1,370 | -€8,057 | -85.5% |
| Financial debts | 170/4 | €9,427 | €1,370 | -€8,057 | -85.5% |
| Amounts payable within one year | 42/48 | €268,945 | €642,019 | +€373,074 | +139% |
| Current portion of amounts payable after more than one year | 42 | €7,786 | €8,057 | +€272 | +3.5% |
| Trade debts | 44 | €93,287 | €426,681 | +€333,394 | +357% |
| Suppliers | 440/4 | €93,287 | €426,681 | +€333,394 | +357% |
| Taxes, remuneration and social security | 45 | €159,131 | €191,432 | +€32,300 | +20.3% |
| Taxes | 450/3 | €40,360 | €87,622 | +€47,261 | +117% |
| Remuneration and social security | 454/9 | €118,771 | €103,810 | -€14,961 | -12.6% |
| Other amounts payable | 47/48 | €8,741 | €15,849 | +€7,108 | +81.3% |
| Remuneration, social security and pensions | 62 | €718,911 | €725,149 | +€6,238 | +0.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,721 | €12,016 | +€2,295 | +23.6% |
| Other operating charges | 640/8 | €4,488 | €5,075 | +€587 | +13.1% |
| Non-recurring operating charges | 66A | €3,871 | €1,701 | -€2,170 | -56.1% |
| Gross operating margin | 9900 | €792,641 | €944,523 | +€151,882 | +19.2% |
| Operating profit (loss) | 9901 | €55,651 | €200,583 | +€144,932 | +260% |
| Financial income | 75/76B | €4,203 | €4,170 | -€33 | -0.8% |
| Recurring financial income | 75 | €4,203 | €4,170 | -€33 | -0.8% |
| Financial charges | 65/66B | €4,272 | €10,456 | +€6,185 | +145% |
| Recurring financial charges | 65 | €4,272 | €10,456 | +€6,185 | +145% |
| Profit (loss) for the period before taxes | 9903 | €55,582 | €194,297 | +€138,715 | +250% |
| Income taxes | 67/77 | €16,296 | €55,690 | +€39,394 | +242% |
| Profit (loss) for the period | 9904 | €39,286 | €138,606 | +€99,321 | +253% |
| Profit (loss) for the period to be appropriated | 9905 | €39,286 | €138,606 | +€99,321 | +253% |
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.