MAXIMUM HOME SECURITY: what changed
Two fiscal 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.
MAXIMUM HOME SECURITY
Largest movements
- Cash +€32,853
up €32,853 (+60.8%), from €54,000 to €86,853
mainly Net result for the year (+€33,568) and Depreciation (+€32,988)
- Tangible fixed assets -€21,430
down €21,430 (-8.9%), from €240,349 to €218,919
of which Furniture and vehicles: -€22,589
- Stocks and contracts -€12,004
no longer reported in 2024 (was €12,004)
- Profit (loss) carried forward +€33,568
up €33,568 (+20.4%), from €164,241 to €197,810
- Debts after one year -€17,153
down €17,153 (-21.4%), from €80,109 to €62,956
- Trade debts -€11,211
down €11,211 (-42.4%), from €26,418 to €15,207
- Tax, wage and social debts -€7,507
down €7,507 (-66.8%), from €11,233 to €3,726
of which Taxes: -€7,507
- Gross operating margin +€14,144
up €14,144 (+20.9%), from €67,627 to €81,772
- Financial charges -€3,243
down €3,243 (-42.0%), from €7,715 to €4,472
- Depreciation +€2,570
up €2,570 (+8.4%), from €30,419 to €32,988
- Taxes +€2,544
up €2,544 (+46.2%), from €5,510 to €8,054
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €314,810 | €316,475 | +€1,665 | +0.5% |
| Fixed assets | 21/28 | €240,349 | €218,919 | -€21,430 | -8.9% |
| Tangible fixed assets | 22/27 | €240,349 | €218,919 | -€21,430 | -8.9% |
| Land and buildings | 22 | €149,072 | €150,063 | +€991 | +0.7% |
| Plant, machinery and equipment | 23 | €5,494 | €5,661 | +€167 | +3.0% |
| Furniture and vehicles | 24 | €85,783 | €63,195 | -€22,589 | -26.3% |
| Current assets | 29/58 | €74,461 | €97,556 | +€23,096 | +31.0% |
| Stocks and contracts in progress | 3 | €12,004 | - | -€12,004 | |
| Stocks | 30/36 | €12,004 | - | -€12,004 | |
| Amounts receivable within one year | 40/41 | €6,101 | €8,701 | +€2,600 | +42.6% |
| Trade receivables | 40 | €2,171 | €950 | -€1,221 | -56.2% |
| Other amounts receivable | 41 | €3,930 | €7,751 | +€3,821 | +97.2% |
| Cash at bank and in hand | 54/58 | €54,000 | €86,853 | +€32,853 | +60.8% |
| Deferred charges and accrued income | 490/1 | €2,356 | €2,002 | -€353 | -15.0% |
| Total equity and liabilities | 10/49 | €314,810 | €316,475 | +€1,665 | +0.5% |
| Equity | 10/15 | €172,435 | €206,003 | +€33,568 | +19.5% |
| Contributions | 10/11 | €6,333 | €6,333 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €164,241 | €197,810 | +€33,568 | +20.4% |
| Amounts payable | 17/49 | €142,376 | €110,472 | -€31,903 | -22.4% |
| Amounts payable after more than one year | 17 | €80,109 | €62,956 | -€17,153 | -21.4% |
| Financial debts | 170/4 | €80,109 | €62,956 | -€17,153 | -21.4% |
| Amounts payable within one year | 42/48 | €61,996 | €46,233 | -€15,764 | -25.4% |
| Current portion of amounts payable after more than one year | 42 | €23,835 | €23,835 | +€0 | 0.0% |
| Trade debts | 44 | €26,418 | €15,207 | -€11,211 | -42.4% |
| Suppliers | 440/4 | €26,418 | €15,207 | -€11,211 | -42.4% |
| Taxes, remuneration and social security | 45 | €11,233 | €3,726 | -€7,507 | -66.8% |
| Taxes | 450/3 | €10,244 | €2,737 | -€7,507 | -73.3% |
| Remuneration and social security | 454/9 | €989 | €989 | = | 0.0% |
| Other amounts payable | 47/48 | €510 | €3,464 | +€2,954 | +579.0% |
| Accrued charges and deferred income | 492/3 | €270 | €1,284 | +€1,014 | +375.6% |
| Non-recurring operating income | 76A | - | €7,346 | +€7,346 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,419 | €32,988 | +€2,570 | +8.4% |
| Other operating charges | 640/8 | €2,142 | €2,810 | +€668 | +31.2% |
| Gross operating margin | 9900 | €67,627 | €81,772 | +€14,144 | +20.9% |
| Operating profit (loss) | 9901 | €35,066 | €45,973 | +€10,907 | +31.1% |
| Financial income | 75/76B | €38 | €122 | +€84 | +220.4% |
| Recurring financial income | 75 | €38 | €122 | +€84 | +220.4% |
| Financial charges | 65/66B | €7,715 | €4,472 | -€3,243 | -42.0% |
| Recurring financial charges | 65 | €7,715 | €4,472 | -€3,243 | -42.0% |
| Profit (loss) for the period before taxes | 9903 | €27,389 | €41,623 | +€14,234 | +52.0% |
| Income taxes | 67/77 | €5,510 | €8,054 | +€2,544 | +46.2% |
| Profit (loss) for the period | 9904 | €21,879 | €33,568 | +€11,690 | +53.4% |
| Profit (loss) for the period to be appropriated | 9905 | €21,879 | €33,568 | +€11,690 | +53.4% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.