LA SECURITE: 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 SECURITE
Largest movements
- Cash +€22,516
up €22,516 (+12.1%), from €186,791 to €209,308
mainly Net result for the year (+€25,305) and Depreciation (+€6,051)
- Tangible fixed assets -€6,051
down €6,051 (-10.3%), from €58,532 to €52,481
of which Furniture and vehicles: -€5,308
- Receivables within one year -€5,080
down €5,080 (-8.7%), from €58,311 to €53,231
of which Other amounts receivable: -€5,080
- Reserves +€11,019
up €11,019 (+4.1%), from €268,237 to €279,256
of which Distributable reserves: +€11,019
- Gross operating margin +€5,060
up €5,060 (+13.2%), from €38,236 to €43,296
- Taxes +€1,149
up €1,149 (+13.0%), from €8,828 to €9,977
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 | €303,684 | €315,070 | +€11,385 | +3.7% |
| Fixed assets | 21/28 | €58,582 | €52,531 | -€6,051 | -10.3% |
| Tangible fixed assets | 22/27 | €58,532 | €52,481 | -€6,051 | -10.3% |
| Land and buildings | 22 | €45,263 | €44,520 | -€743 | -1.6% |
| Furniture and vehicles | 24 | €13,269 | €7,962 | -€5,308 | -40.0% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €245,102 | €262,539 | +€17,437 | +7.1% |
| Amounts receivable within one year | 40/41 | €58,311 | €53,231 | -€5,080 | -8.7% |
| Trade receivables | 40 | €38,807 | €38,807 | = | 0.0% |
| Other amounts receivable | 41 | €19,504 | €14,424 | -€5,080 | -26.0% |
| Cash at bank and in hand | 54/58 | €186,791 | €209,308 | +€22,516 | +12.1% |
| Total equity and liabilities | 10/49 | €303,684 | €315,070 | +€11,385 | +3.7% |
| Equity | 10/15 | €286,721 | €297,740 | +€11,019 | +3.8% |
| Contributions | 10/11 | €18,484 | €18,484 | = | 0.0% |
| Reserves | 13 | €268,237 | €279,256 | +€11,019 | +4.1% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €266,378 | €277,397 | +€11,019 | +4.1% |
| Amounts payable | 17/49 | €16,963 | €17,330 | +€367 | +2.2% |
| Amounts payable within one year | 42/48 | €16,963 | €17,330 | +€367 | +2.2% |
| Trade debts | 44 | €799 | €111 | -€688 | -86.1% |
| Suppliers | 440/4 | €799 | €111 | -€688 | -86.1% |
| Taxes, remuneration and social security | 45 | €15,770 | €16,213 | +€442 | +2.8% |
| Taxes | 450/3 | €13,286 | €15,763 | +€2,477 | +18.6% |
| Remuneration and social security | 454/9 | €2,485 | €450 | -€2,035 | -81.9% |
| Other amounts payable | 47/48 | €394 | €1,006 | +€612 | +155% |
| Remuneration, social security and pensions | 62 | €900 | €732 | -€168 | -18.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,051 | €6,051 | = | 0.0% |
| Other operating charges | 640/8 | €1,280 | €1,321 | +€42 | +3.3% |
| Gross operating margin | 9900 | €38,236 | €43,296 | +€5,060 | +13.2% |
| Operating profit (loss) | 9901 | €30,005 | €35,191 | +€5,186 | +17.3% |
| Financial income | 75/76B | €285 | €157 | -€129 | -45.1% |
| Recurring financial income | 75 | €285 | €157 | -€129 | -45.1% |
| Financial charges | 65/66B | €218 | €66 | -€152 | -69.7% |
| Recurring financial charges | 65 | €218 | €66 | -€152 | -69.7% |
| Profit (loss) for the period before taxes | 9903 | €30,072 | €35,282 | +€5,209 | +17.3% |
| Income taxes | 67/77 | €8,828 | €9,977 | +€1,149 | +13.0% |
| Profit (loss) for the period | 9904 | €21,244 | €25,305 | +€4,061 | +19.1% |
| Profit (loss) for the period to be appropriated | 9905 | €21,244 | €25,305 | +€4,061 | +19.1% |
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 1 November 2026 via checked.be.