Lock 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.
Lock Security
Largest movements
- Tangible fixed assets +€19,124
up €19,124 (+7.1%), from €267,724 to €286,848
of which Furniture and vehicles: +€28,653
- Cash -€4,519
down €4,519 (-4.7%), from €97,100 to €92,581
mainly Investment in fixed assets (net) (-€47,077) and Provisions (-€11,970)
- Receivables within one year +€4,346
up €4,346 (+20.3%), from €21,392 to €25,738
of which Trade receivables: +€4,383
- Reserves +€18,500
up €18,500 (+24.4%), from €75,911 to €94,411
of which Distributable reserves: +€18,500
- Provisions -€11,970
down €11,970 (-100%), from €11,970 to €0
- Other debts -€11,250
down €11,250 (-15.5%), from €72,403 to €61,153
- Tax, wage and social debts +€9,496
up €9,496 (+435%), from €2,181 to €11,677
of which Taxes: +€9,511
- Advances received +€4,473
up €4,473 (+38.3%), from €11,664 to €16,136
- Provisions -€23,941
down €23,941, from €11,970 to -€11,970
- Taxes +€9,630
up €9,630 (+189%), from €5,102 to €14,733
- Gross operating margin -€9,195
down €9,195 (-8.9%), from €103,796 to €94,600
- Financial charges -€2,782
down €2,782 (-25.5%), from €10,917 to €8,135
- Depreciation +€2,614
up €2,614 (+10.3%), from €25,489 to €28,103
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 | €393,882 | €410,399 | +€16,517 | +4.2% |
| Fixed assets | 21/28 | €267,874 | €286,848 | +€18,974 | +7.1% |
| Intangible fixed assets | 21 | €150 | - | -€150 | |
| Tangible fixed assets | 22/27 | €267,724 | €286,848 | +€19,124 | +7.1% |
| Land and buildings | 22 | €214,800 | €202,664 | -€12,135 | -5.6% |
| Plant, machinery and equipment | 23 | €18,770 | €21,377 | +€2,606 | +13.9% |
| Furniture and vehicles | 24 | €34,154 | €62,807 | +€28,653 | +83.9% |
| Current assets | 29/58 | €126,008 | €123,551 | -€2,457 | -2.0% |
| Stocks and contracts in progress | 3 | €5,834 | €5,232 | -€602 | -10.3% |
| Stocks | 30/36 | €5,834 | €5,232 | -€602 | -10.3% |
| Amounts receivable within one year | 40/41 | €21,392 | €25,738 | +€4,346 | +20.3% |
| Trade receivables | 40 | €21,111 | €25,495 | +€4,383 | +20.8% |
| Other amounts receivable | 41 | €280 | €243 | -€37 | -13.3% |
| Cash at bank and in hand | 54/58 | €97,100 | €92,581 | -€4,519 | -4.7% |
| Deferred charges and accrued income | 490/1 | €1,682 | €0 | -€1,682 | -100% |
| Total equity and liabilities | 10/49 | €393,882 | €410,399 | +€16,517 | +4.2% |
| Equity | 10/15 | €95,473 | €114,502 | +€19,029 | +19.9% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €75,911 | €94,411 | +€18,500 | +24.4% |
| Tax-exempt reserves | 132 | €56,411 | €56,411 | = | 0.0% |
| Distributable reserves | 133 | €19,500 | €38,000 | +€18,500 | +94.9% |
| Profit (loss) carried forward | 14 | -€898 | -€369 | +€529 | +58.9% |
| Provisions and deferred taxes | 16 | €11,970 | €0 | -€11,970 | -100% |
| Provisions for liabilities and charges | 160/5 | €11,970 | €0 | -€11,970 | -100% |
| Major repairs and maintenance | 162 | €11,970 | €0 | -€11,970 | -100% |
| Amounts payable | 17/49 | €286,439 | €295,897 | +€9,458 | +3.3% |
| Amounts payable after more than one year | 17 | €174,642 | €178,454 | +€3,812 | +2.2% |
| Financial debts | 170/4 | €174,642 | €178,454 | +€3,812 | +2.2% |
| Amounts payable within one year | 42/48 | €111,796 | €117,443 | +€5,646 | +5.1% |
| Current portion of amounts payable after more than one year | 42 | €11,472 | €15,933 | +€4,461 | +38.9% |
| Trade debts | 44 | €14,077 | €12,543 | -€1,534 | -10.9% |
| Suppliers | 440/4 | €14,077 | €12,543 | -€1,534 | -10.9% |
| Advances received on contracts in progress | 46 | €11,664 | €16,136 | +€4,473 | +38.3% |
| Taxes, remuneration and social security | 45 | €2,181 | €11,677 | +€9,496 | +435% |
| Taxes | 450/3 | €333 | €9,844 | +€9,511 | +2,855% |
| Remuneration and social security | 454/9 | €1,848 | €1,833 | -€15 | -0.8% |
| Other amounts payable | 47/48 | €72,403 | €61,153 | -€11,250 | -15.5% |
| Remuneration, social security and pensions | 62 | €27,773 | €27,793 | +€20 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,489 | €28,103 | +€2,614 | +10.3% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €11,970 | -€11,970 | -€23,941 | |
| Other operating charges | 640/8 | €4,518 | €5,308 | +€790 | +17.5% |
| Gross operating margin | 9900 | €103,796 | €94,600 | -€9,195 | -8.9% |
| Operating profit (loss) | 9901 | €34,045 | €45,366 | +€11,322 | +33.3% |
| Financial income | 75/76B | €257 | €530 | +€273 | +106% |
| Recurring financial income | 75 | €257 | €530 | +€273 | +106% |
| Financial charges | 65/66B | €10,917 | €8,135 | -€2,782 | -25.5% |
| Recurring financial charges | 65 | €10,917 | €8,135 | -€2,782 | -25.5% |
| Profit (loss) for the period before taxes | 9903 | €23,385 | €37,761 | +€14,376 | +61.5% |
| Income taxes | 67/77 | €5,102 | €14,733 | +€9,630 | +189% |
| Profit (loss) for the period | 9904 | €18,283 | €23,029 | +€4,746 | +26.0% |
| Transfer to tax-exempt reserves | 689 | €5,474 | €0 | -€5,474 | -100% |
| Profit (loss) for the period to be appropriated | 9905 | €12,809 | €23,029 | +€10,220 | +79.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.