La Sécurité: 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.
La Sécurité
Largest movements
- Current investments +€232,357
up €232,357 (+7.1%), from €3.3m to €3.5m
- Cash -€125,164
down €125,164 (-28.8%), from €434,105 to €308,941
mainly Current investments (-€232,357) and Debts after one year (-€223,827)
- Tangible fixed assets -€81,286
down €81,286 (-5.3%), from €1.5m to €1.4m
of which Land and buildings: -€66,172
- Profit (loss) carried forward +€304,697
up €304,697 (+10.3%), from €3.0m to €3.3m
- Debts after one year -€223,827
down €223,827 (-80.8%), from €277,099 to €53,272
of which Other amounts payable: -€161,018
- Financial income +€173,035
up €173,035 (+139.1%), from €124,427 to €297,462
of which Non-recurring financial income: +€207,991
- Staff costs -€52,506
down €52,506 (-18.6%), from €282,408 to €229,903
- Gross operating margin +€28,146
up €28,146 (+4.8%), from €588,158 to €616,304
- Purchases and services -€23,916
down €23,916 (-10.0%), from €238,372 to €214,456
- Other operating charges +€20,288
up €20,288 (+8.3%), from €243,501 to €263,789
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 | €5,384,806 | €5,432,557 | +€47,751 | +0.9% |
| Fixed assets | 21/28 | €1,522,379 | €1,441,093 | -€81,286 | -5.3% |
| Tangible fixed assets | 22/27 | €1,522,379 | €1,441,093 | -€81,286 | -5.3% |
| Land and buildings | 22 | €1,392,992 | €1,326,821 | -€66,172 | -4.8% |
| Plant, machinery and equipment | 23 | €127,545 | €113,261 | -€14,284 | -11.2% |
| Furniture and vehicles | 24 | €1,842 | €1,012 | -€830 | -45.1% |
| Current assets | 29/58 | €3,862,427 | €3,991,464 | +€129,037 | +3.3% |
| Amounts receivable within one year | 40/41 | €5,192 | €5,276 | +€84 | +1.6% |
| Trade receivables | 40 | €5,192 | €5,276 | +€84 | +1.6% |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Current investments | 50/53 | €3,266,511 | €3,498,869 | +€232,357 | +7.1% |
| Cash at bank and in hand | 54/58 | €434,105 | €308,941 | -€125,164 | -28.8% |
| Deferred charges and accrued income | 490/1 | €156,618 | €178,378 | +€21,760 | +13.9% |
| Total equity and liabilities | 10/49 | €5,384,806 | €5,432,557 | +€47,751 | +0.9% |
| Equity | 10/15 | €4,335,531 | €4,640,228 | +€304,697 | +7.0% |
| Contributions | 10/11 | €1,368,701 | €1,368,701 | = | 0.0% |
| Capital | 10 | €1,368,701 | €1,368,701 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,966,830 | €3,271,527 | +€304,697 | +10.3% |
| Provisions and deferred taxes | 16 | €560,035 | €555,000 | -€5,035 | -0.9% |
| Provisions for liabilities and charges | 160/5 | €560,035 | €555,000 | -€5,035 | -0.9% |
| Pensions and similar obligations | 160 | €560,035 | €555,000 | -€5,035 | -0.9% |
| Amounts payable | 17/49 | €489,241 | €237,329 | -€251,912 | -51.5% |
| Amounts payable after more than one year | 17 | €277,099 | €53,272 | -€223,827 | -80.8% |
| Financial debts | 170/4 | €116,081 | €53,272 | -€62,809 | -54.1% |
| Other amounts payable | 178/9 | €161,018 | - | -€161,018 | |
| Amounts payable within one year | 42/48 | €157,604 | €146,918 | -€10,687 | -6.8% |
| Current portion of amounts payable after more than one year | 42 | €83,108 | €62,809 | -€20,299 | -24.4% |
| Trade debts | 44 | €3,250 | €3,250 | = | 0.0% |
| Bills of exchange payable | 441 | €3,250 | €3,250 | = | 0.0% |
| Advances received on contracts in progress | 46 | €51,206 | €70,512 | +€19,306 | +37.7% |
| Taxes, remuneration and social security | 45 | €19,441 | €10,347 | -€9,094 | -46.8% |
| Remuneration and social security | 454/9 | €19,441 | €10,347 | -€9,094 | -46.8% |
| Accrued charges and deferred income | 492/3 | €54,537 | €37,139 | -€17,398 | -31.9% |
| Turnover | 70 | €33,925 | €31,539 | -€2,386 | -7.0% |
| Membership fees, donations, legacies and grants | 73 | €175,116 | €178,308 | +€3,192 | +1.8% |
| Non-recurring operating income | 76A | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €238,372 | €214,456 | -€23,916 | -10.0% |
| Remuneration, social security and pensions | 62 | €282,408 | €229,903 | -€52,506 | -18.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €78,526 | €75,856 | -€2,671 | -3.4% |
| Other operating charges | 640/8 | €243,501 | €263,789 | +€20,288 | +8.3% |
| Gross operating margin | 9900 | €588,158 | €616,304 | +€28,146 | +4.8% |
| Operating profit (loss) | 9901 | -€16,278 | €51,791 | +€68,069 | |
| Financial income | 75/76B | €124,427 | €297,462 | +€173,035 | +139.1% |
| Recurring financial income | 75 | €108,431 | €73,475 | -€34,956 | -32.2% |
| Non-recurring financial income | 76B | €15,996 | €223,987 | +€207,991 | +1300.2% |
| Financial charges | 65/66B | €19,726 | €16,799 | -€2,927 | -14.8% |
| Recurring financial charges | 65 | €19,726 | €14,034 | -€5,691 | -28.9% |
| Non-recurring financial charges | 66B | €0 | €2,764 | +€2,764 | |
| Profit (loss) for the period before taxes | 9903 | €88,424 | €332,455 | +€244,031 | +276.0% |
| Income taxes | 67/77 | €31,781 | €27,758 | -€4,023 | -12.7% |
| Profit (loss) for the period | 9904 | €56,643 | €304,697 | +€248,054 | +437.9% |
| Profit (loss) for the period to be appropriated | 9905 | €56,643 | €304,697 | +€248,054 | +437.9% |
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 11 October 2026 via checked.be.