LOCKS AND ACCESS CONTROL: what changed
What changed
LOCKS AND ACCESS CONTROL
NACE 64.210, Activities of holding companies
filed annual accounts (NBB)
Net result for the year
€144,344
2024 · €218,159-€73,815
Equity
€761,442
2024 · €649,640+€111,802
Cash
€9,488
2024 · €2,063+€7,425
Balance sheet total
€1.2m
2024 · €1.1m+€65,388
Largest movements
Assets
- Receivables after one year +€150,178
new in 2025: €150,178
- Financial fixed assets -€142,885
down €142,885 (-13.9%), from €1.0m to €888,015
- Receivables within one year +€51,275
up €51,275 (+89.2%), from €57,510 to €108,785
of which Trade receivables: +€51,275
Equity and liabilities
- Profit (loss) carried forward +€111,802
up €111,802 (+17.5%), from €639,640 to €751,442
- Debts after one year -€51,146
down €51,146 (-16.2%), from €315,180 to €264,034
of which Financial debts: -€50,906
- Trade debts -€20,471
down €20,471 (-86.8%), from €23,594 to €3,123
- Tax, wage and social debts +€11,775
up €11,775 (+67.2%), from €17,522 to €29,297
of which Taxes: +€14,975
- Other debts +€11,574
up €11,574 (+32.0%), from €36,136 to €47,710
Income statement
- Financial income -€110,571
down €110,571 (-55.3%), from €200,000 to €89,429
- Gross operating margin +€60,741
up €60,741 (+232%), from €26,130 to €86,870
- Financial charges +€12,541
up €12,541 (+593%), from €2,114 to €14,655
- Taxes +€10,627
up €10,627 (+267%), from €3,980 to €14,607
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€218,159
Gross operating margin
+€60,741
Other operating charges
-€817
Financial income
-€110,571
Financial charges
-€12,541
Taxes
-€10,627
Result 2025
€144,344
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€53,625
Investment
+€142,885
Financing
-€81,834
Cash 2024
€2,063
From operations (derived)
-€53,625
Net result for the year
+€144,344
Depreciation
+€605
Receivables after one year
-€150,178
Receivables within one year
-€51,275
Trade debts
-€20,471
Tax, wage and social debts
+€11,775
Other debts
+€11,574
Investment (derived)
+€142,885
Investment in fixed assets (net)
+€142,885
Financing
-€81,834
Debts after one year
-€51,146
Current portion of long-term debt
+€1,854
Contributions, distributions and other
-€32,542
Cash 2025
€9,488
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,091,124 | €1,156,512 | +€65,388 | +6.0% |
| Formation expenses | 20 | €650 | €46 | -€605 | -93.0% |
| Fixed assets | 21/28 | €1,030,900 | €888,015 | -€142,885 | -13.9% |
| Financial fixed assets | 28 | €1,030,900 | €888,015 | -€142,885 | -13.9% |
| Current assets | 29/58 | €59,573 | €268,451 | +€208,878 | +351% |
| Amounts receivable after more than one year | 29 | - | €150,178 | +€150,178 | |
| Other amounts receivable | 291 | - | €150,178 | +€150,178 | |
| Amounts receivable within one year | 40/41 | €57,510 | €108,785 | +€51,275 | +89.2% |
| Trade receivables | 40 | €53,990 | €105,265 | +€51,275 | +95.0% |
| Other amounts receivable | 41 | €3,520 | €3,520 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,063 | €9,488 | +€7,425 | +360% |
| Total equity and liabilities | 10/49 | €1,091,124 | €1,156,512 | +€65,388 | +6.0% |
| Equity | 10/15 | €649,640 | €761,442 | +€111,802 | +17.2% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €639,640 | €751,442 | +€111,802 | +17.5% |
| Amounts payable | 17/49 | €441,484 | €395,070 | -€46,413 | -10.5% |
| Amounts payable after more than one year | 17 | €315,180 | €264,034 | -€51,146 | -16.2% |
| Financial debts | 170/4 | €314,940 | €264,034 | -€50,906 | -16.2% |
| Other amounts payable | 178/9 | €240 | €0 | -€240 | -100% |
| Amounts payable within one year | 42/48 | €126,303 | €131,036 | +€4,733 | +3.7% |
| Current portion of amounts payable after more than one year | 42 | €49,052 | €50,906 | +€1,854 | +3.8% |
| Trade debts | 44 | €23,594 | €3,123 | -€20,471 | -86.8% |
| Suppliers | 440/4 | €23,594 | €3,123 | -€20,471 | -86.8% |
| Advances received on contracts in progress | 46 | - | €0 | = | |
| Taxes, remuneration and social security | 45 | €17,522 | €29,297 | +€11,775 | +67.2% |
| Taxes | 450/3 | €14,322 | €29,297 | +€14,975 | +105% |
| Remuneration and social security | 454/9 | €3,200 | €0 | -€3,200 | -100% |
| Other amounts payable | 47/48 | €36,136 | €47,710 | +€11,574 | +32.0% |
| Accrued charges and deferred income | 492/3 | - | €0 | = | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €605 | €605 | = | 0.0% |
| Other operating charges | 640/8 | €1,273 | €2,089 | +€817 | +64.2% |
| Gross operating margin | 9900 | €26,130 | €86,870 | +€60,741 | +232% |
| Operating profit (loss) | 9901 | €24,253 | €84,177 | +€59,924 | +247% |
| Financial income | 75/76B | €200,000 | €89,429 | -€110,571 | -55.3% |
| Recurring financial income | 75 | €200,000 | €89,429 | -€110,571 | -55.3% |
| Financial charges | 65/66B | €2,114 | €14,655 | +€12,541 | +593% |
| Recurring financial charges | 65 | €2,114 | €14,655 | +€12,541 | +593% |
| Profit (loss) for the period before taxes | 9903 | €222,139 | €158,951 | -€63,188 | -28.4% |
| Income taxes | 67/77 | €3,980 | €14,607 | +€10,627 | +267% |
| Profit (loss) for the period | 9904 | €218,159 | €144,344 | -€73,815 | -33.8% |
| Profit (loss) for the period to be appropriated | 9905 | €218,159 | €144,344 | -€73,815 | -33.8% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.