LM-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.
LM-SECURITE
Largest movements
- Stocks and contracts +€9,863
new in 2025: €9,863
- Receivables within one year -€3,274
down €3,274 (-38.9%), from €8,419 to €5,146
of which Trade receivables: -€3,091
- Cash +€405
up €405 (+30.9%), from €1,310 to €1,715
mainly Net result for the year (+€3,860) and Receivables within one year (+€3,274)
- Deferred charges and accrued income +€320
up €320 (+11.6%), from €2,743 to €3,063
- Profit (loss) carried forward +€3,860
up €3,860 (+105.3%), from €3,666 to €7,526
- Advances received +€2,332
up €2,332 (+328.7%), from €710 to €3,042
- Tax, wage and social debts +€1,321
up €1,321 (+110.1%), from €1,200 to €2,521
- Staff costs -€1,097
no longer reported in 2025 (was €1,097)
- Gross operating margin -€943
down €943 (-13.9%), from €6,801 to €5,858
- Other operating charges -€266
down €266 (-34.4%), from €772 to €506
- Taxes +€121
up €121 (+10.1%), from €1,200 to €1,321
- Financial charges +€103
up €103 (+152.2%), from €68 to €171
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 | €12,678 | €19,991 | +€7,314 | +57.7% |
| Fixed assets | 21/28 | €205 | €205 | = | 0.0% |
| Financial fixed assets | 28 | €205 | €205 | = | 0.0% |
| Current assets | 29/58 | €12,473 | €19,786 | +€7,314 | +58.6% |
| Stocks and contracts in progress | 3 | - | €9,863 | +€9,863 | |
| Stocks | 30/36 | - | €9,863 | +€9,863 | |
| Amounts receivable within one year | 40/41 | €8,419 | €5,146 | -€3,274 | -38.9% |
| Trade receivables | 40 | €7,708 | €4,618 | -€3,091 | -40.1% |
| Other amounts receivable | 41 | €711 | €528 | -€183 | -25.8% |
| Cash at bank and in hand | 54/58 | €1,310 | €1,715 | +€405 | +30.9% |
| Deferred charges and accrued income | 490/1 | €2,743 | €3,063 | +€320 | +11.6% |
| Total equity and liabilities | 10/49 | €12,678 | €19,991 | +€7,314 | +57.7% |
| Equity | 10/15 | €6,166 | €10,026 | +€3,860 | +62.6% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,666 | €7,526 | +€3,860 | +105.3% |
| Amounts payable | 17/49 | €6,512 | €9,965 | +€3,454 | +53.0% |
| Amounts payable within one year | 42/48 | €6,512 | €9,965 | +€3,454 | +53.0% |
| Trade debts | 44 | €4,602 | €4,402 | -€200 | -4.3% |
| Suppliers | 440/4 | €4,602 | €4,402 | -€200 | -4.3% |
| Advances received on contracts in progress | 46 | €710 | €3,042 | +€2,332 | +328.7% |
| Taxes, remuneration and social security | 45 | €1,200 | €2,521 | +€1,321 | +110.1% |
| Taxes | 450/3 | €1,200 | €2,521 | +€1,321 | +110.1% |
| Remuneration, social security and pensions | 62 | €1,097 | - | -€1,097 | |
| Other operating charges | 640/8 | €772 | €506 | -€266 | -34.4% |
| Gross operating margin | 9900 | €6,801 | €5,858 | -€943 | -13.9% |
| Operating profit (loss) | 9901 | €4,932 | €5,352 | +€420 | +8.5% |
| Financial income | 75/76B | €2 | - | -€2 | |
| Recurring financial income | 75 | €2 | - | -€2 | |
| Financial charges | 65/66B | €68 | €171 | +€103 | +152.2% |
| Recurring financial charges | 65 | €68 | €171 | +€103 | +152.2% |
| Profit (loss) for the period before taxes | 9903 | €4,866 | €5,181 | +€315 | +6.5% |
| Income taxes | 67/77 | €1,200 | €1,321 | +€121 | +10.1% |
| Profit (loss) for the period | 9904 | €3,666 | €3,860 | +€194 | +5.3% |
| Profit (loss) for the period to be appropriated | 9905 | €3,666 | €3,860 | +€194 | +5.3% |
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.