MUNDO 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.
MUNDO SECURITY
Largest movements
- Cash +€108,041
up €108,041 (+483%), from €22,349 to €130,390
mainly Net result for the year (+€349,043) and Accrued charges and deferred income (+€37,349)
- Tangible fixed assets +€66,445
up €66,445 (+422%), from €15,755 to €82,200
of which Furniture and vehicles: +€44,590
- Receivables within one year -€23,801
down €23,801 (-8.5%), from €278,904 to €255,103
of which Trade receivables: -€66,729
- Deferred charges and accrued income +€11,823
up €11,823 (+399%), from €2,960 to €14,783
- Reserves +€262,972
up €262,972 (+235%), from €111,939 to €374,911
- Trade debts -€111,413
down €111,413 (-93.7%), from €118,879 to €7,466
- Accrued charges and deferred income +€37,349
up €37,349 (+1,615%), from €2,313 to €39,662
- Tax, wage and social debts -€22,310
down €22,310 (-30.6%), from €72,976 to €50,666
of which Taxes: -€26,084
- Gross operating margin +€371,208
up €371,208 (+144%), from €257,330 to €628,537
- Staff costs +€80,026
up €80,026 (+194%), from €41,321 to €121,348
- Taxes +€60,836
up €60,836 (+108%), from €56,080 to €116,915
- Depreciation +€9,752
up €9,752 (+157%), from €6,193 to €15,945
- Other operating charges +€7,580
up €7,580 (+1,074%), from €706 to €8,286
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 | €321,138 | €486,047 | +€164,908 | +51.4% |
| Fixed assets | 21/28 | €16,925 | €85,770 | +€68,845 | +407% |
| Tangible fixed assets | 22/27 | €15,755 | €82,200 | +€66,445 | +422% |
| Plant, machinery and equipment | 23 | €1,371 | €23,226 | +€21,855 | +1,594% |
| Furniture and vehicles | 24 | €14,384 | €58,974 | +€44,590 | +310% |
| Financial fixed assets | 28 | €1,170 | €3,570 | +€2,400 | +205% |
| Current assets | 29/58 | €304,213 | €400,277 | +€96,063 | +31.6% |
| Amounts receivable within one year | 40/41 | €278,904 | €255,103 | -€23,801 | -8.5% |
| Trade receivables | 40 | €278,739 | €212,010 | -€66,729 | -23.9% |
| Other amounts receivable | 41 | €165 | €43,093 | +€42,928 | +26,031% |
| Cash at bank and in hand | 54/58 | €22,349 | €130,390 | +€108,041 | +483% |
| Deferred charges and accrued income | 490/1 | €2,960 | €14,783 | +€11,823 | +399% |
| Total equity and liabilities | 10/49 | €321,138 | €486,047 | +€164,908 | +51.4% |
| Equity | 10/15 | €118,039 | €381,011 | +€262,972 | +223% |
| Contributions | 10/11 | €6,100 | €6,100 | = | 0.0% |
| Reserves | 13 | €111,939 | €374,911 | +€262,972 | +235% |
| Distributable reserves | 133 | €111,939 | €374,911 | +€262,972 | +235% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €203,099 | €105,036 | -€98,064 | -48.3% |
| Amounts payable within one year | 42/48 | €200,787 | €65,374 | -€135,413 | -67.4% |
| Current portion of amounts payable after more than one year | 42 | €352 | €0 | -€352 | -100% |
| Trade debts | 44 | €118,879 | €7,466 | -€111,413 | -93.7% |
| Suppliers | 440/4 | €118,879 | €7,466 | -€111,413 | -93.7% |
| Taxes, remuneration and social security | 45 | €72,976 | €50,666 | -€22,310 | -30.6% |
| Taxes | 450/3 | €71,272 | €45,188 | -€26,084 | -36.6% |
| Remuneration and social security | 454/9 | €1,704 | €5,478 | +€3,774 | +221% |
| Other amounts payable | 47/48 | €8,579 | €7,241 | -€1,338 | -15.6% |
| Accrued charges and deferred income | 492/3 | €2,313 | €39,662 | +€37,349 | +1,615% |
| Non-recurring operating income | 76A | €1,020 | €0 | -€1,020 | -100% |
| Remuneration, social security and pensions | 62 | €41,321 | €121,348 | +€80,026 | +194% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,193 | €15,945 | +€9,752 | +157% |
| Other operating charges | 640/8 | €706 | €8,286 | +€7,580 | +1,074% |
| Non-recurring operating charges | 66A | - | €16,000 | +€16,000 | |
| Gross operating margin | 9900 | €257,330 | €628,537 | +€371,208 | +144% |
| Operating profit (loss) | 9901 | €209,110 | €466,959 | +€257,849 | +123% |
| Financial income | 75/76B | €157 | €106 | -€51 | -32.6% |
| Recurring financial income | 75 | €157 | €106 | -€51 | -32.6% |
| Financial charges | 65/66B | €1,386 | €1,107 | -€279 | -20.1% |
| Recurring financial charges | 65 | €1,386 | €1,107 | -€279 | -20.1% |
| Profit (loss) for the period before taxes | 9903 | €207,881 | €465,958 | +€258,077 | +124% |
| Income taxes | 67/77 | €56,080 | €116,915 | +€60,836 | +108% |
| Profit (loss) for the period | 9904 | €151,801 | €349,043 | +€197,242 | +130% |
| Profit (loss) for the period to be appropriated | 9905 | €151,801 | €349,043 | +€197,242 | +130% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.