Lips 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.
Lips Security
Largest movements
- Tangible fixed assets -€26,877
down €26,877 (-22.4%), from €120,140 to €93,263
- Receivables within one year +€11,290
up €11,290 (+187.1%), from €6,033 to €17,323
of which Trade receivables: +€9,638
- Cash +€8,420
up €8,420 (+28.2%), from €29,910 to €38,330
mainly Depreciation (+€31,650) and Trade debts (+€5,823)
- Stocks and contracts -€4,643
down €4,643 (-70.6%), from €6,579 to €1,935
- Deferred charges and accrued income +€1,659
up €1,659 (+83.3%), from €1,992 to €3,651
- Debts after one year -€16,995
down €16,995 (-22.7%), from €74,881 to €57,885
- Trade debts +€5,823
up €5,823 (+238.5%), from €2,442 to €8,265
- Reserves +€4,286
up €4,286 (+11.0%), from €39,140 to €43,427
of which Distributable reserves: +€4,286
- Other debts -€3,129
down €3,129 (-33.5%), from €9,336 to €6,208
- Gross operating margin +€5,081
up €5,081 (+14.2%), from €35,813 to €40,893
- Depreciation +€4,304
up €4,304 (+15.7%), from €27,346 to €31,650
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 | €164,654 | €154,503 | -€10,151 | -6.2% |
| Fixed assets | 21/28 | €120,140 | €93,263 | -€26,877 | -22.4% |
| Tangible fixed assets | 22/27 | €120,140 | €93,263 | -€26,877 | -22.4% |
| Land and buildings | 22 | €43,345 | €35,810 | -€7,536 | -17.4% |
| Plant, machinery and equipment | 23 | €31,406 | €21,934 | -€9,472 | -30.2% |
| Furniture and vehicles | 24 | €45,389 | €35,519 | -€9,870 | -21.7% |
| Current assets | 29/58 | €44,513 | €61,240 | +€16,726 | +37.6% |
| Stocks and contracts in progress | 3 | €6,579 | €1,935 | -€4,643 | -70.6% |
| Stocks | 30/36 | €6,579 | €1,935 | -€4,643 | -70.6% |
| Amounts receivable within one year | 40/41 | €6,033 | €17,323 | +€11,290 | +187.1% |
| Trade receivables | 40 | €5,835 | €15,473 | +€9,638 | +165.2% |
| Other amounts receivable | 41 | €198 | €1,851 | +€1,653 | +834.5% |
| Cash at bank and in hand | 54/58 | €29,910 | €38,330 | +€8,420 | +28.2% |
| Deferred charges and accrued income | 490/1 | €1,992 | €3,651 | +€1,659 | +83.3% |
| Total equity and liabilities | 10/49 | €164,654 | €154,503 | -€10,151 | -6.2% |
| Equity | 10/15 | €39,340 | €43,627 | +€4,286 | +10.9% |
| Contributions | 10/11 | €200 | €200 | = | 0.0% |
| Reserves | 13 | €39,140 | €43,427 | +€4,286 | +11.0% |
| Tax-exempt reserves | 132 | €8,700 | €8,700 | = | 0.0% |
| Distributable reserves | 133 | €30,440 | €34,727 | +€4,286 | +14.1% |
| Amounts payable | 17/49 | €125,313 | €110,876 | -€14,437 | -11.5% |
| Amounts payable after more than one year | 17 | €74,881 | €57,885 | -€16,995 | -22.7% |
| Financial debts | 170/4 | €74,881 | €57,885 | -€16,995 | -22.7% |
| Amounts payable within one year | 42/48 | €30,097 | €32,547 | +€2,449 | +8.1% |
| Current portion of amounts payable after more than one year | 42 | €16,686 | €16,995 | +€310 | +1.9% |
| Trade debts | 44 | €2,442 | €8,265 | +€5,823 | +238.5% |
| Suppliers | 440/4 | €2,442 | €8,265 | +€5,823 | +238.5% |
| Taxes, remuneration and social security | 45 | €1,634 | €1,079 | -€555 | -34.0% |
| Taxes | 450/3 | €1,634 | €1,079 | -€555 | -34.0% |
| Other amounts payable | 47/48 | €9,336 | €6,208 | -€3,129 | -33.5% |
| Accrued charges and deferred income | 492/3 | €20,335 | €20,444 | +€108 | +0.5% |
| Non-recurring operating income | 76A | €9,620 | €36,000 | +€26,380 | +274.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,346 | €31,650 | +€4,304 | +15.7% |
| Other operating charges | 640/8 | €2,488 | €2,260 | -€228 | -9.2% |
| Gross operating margin | 9900 | €35,813 | €40,893 | +€5,081 | +14.2% |
| Operating profit (loss) | 9901 | €5,979 | €6,984 | +€1,005 | +16.8% |
| Financial income | 75/76B | €59 | €113 | +€54 | +92.2% |
| Recurring financial income | 75 | €59 | €113 | +€54 | +92.2% |
| Financial charges | 65/66B | €2,154 | €2,238 | +€84 | +3.9% |
| Recurring financial charges | 65 | €2,154 | €2,238 | +€84 | +3.9% |
| Profit (loss) for the period before taxes | 9903 | €3,884 | €4,860 | +€976 | +25.1% |
| Income taxes | 67/77 | €488 | €573 | +€85 | +17.4% |
| Profit (loss) for the period | 9904 | €3,396 | €4,286 | +€891 | +26.2% |
| Profit (loss) for the period to be appropriated | 9905 | €3,396 | €4,286 | +€891 | +26.2% |
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 10 October 2026 via checked.be.