OSECURE: 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.
OSECURE
Largest movements
- Cash +€14,044
up €14,044 (+104%), from €13,485 to €27,529
mainly Net result for the year (+€18,376) and Tax, wage and social debts (+€2,655)
- Receivables within one year +€3,381
new in 2025: €3,381
of which Trade receivables: +€3,161
- Tangible fixed assets -€512
down €512 (-36.4%), from €1,409 to €897
- Reserves +€18,376
up €18,376 (+771%), from €2,383 to €20,759
- Trade debts -€4,118
down €4,118 (-71.4%), from €5,770 to €1,652
of which Bills of exchange payable: -€4,378
- Tax, wage and social debts +€2,655
up €2,655 (+152%), from €1,741 to €4,396
of which Taxes: +€1,455
- Gross operating margin +€21,243
up €21,243 (+669%), from €3,176 to €24,420
- Taxes +€4,771
up €4,771 (+724%), from €659 to €5,429
- Depreciation +€384
up €384 (+300%), from €128 to €512
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 | €14,894 | €31,807 | +€16,913 | +114% |
| Fixed assets | 21/28 | €1,409 | €897 | -€512 | -36.4% |
| Tangible fixed assets | 22/27 | €1,409 | €897 | -€512 | -36.4% |
| Plant, machinery and equipment | 23 | €1,409 | €897 | -€512 | -36.4% |
| Current assets | 29/58 | €13,485 | €30,910 | +€17,425 | +129% |
| Amounts receivable within one year | 40/41 | - | €3,381 | +€3,381 | |
| Trade receivables | 40 | - | €3,161 | +€3,161 | |
| Other amounts receivable | 41 | - | €220 | +€220 | |
| Cash at bank and in hand | 54/58 | €13,485 | €27,529 | +€14,044 | +104% |
| Total equity and liabilities | 10/49 | €14,894 | €31,807 | +€16,913 | +114% |
| Equity | 10/15 | €7,383 | €25,759 | +€18,376 | +249% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €2,383 | €20,759 | +€18,376 | +771% |
| Distributable reserves | 133 | €2,383 | €20,759 | +€18,376 | +771% |
| Amounts payable | 17/49 | €7,511 | €6,048 | -€1,463 | -19.5% |
| Amounts payable within one year | 42/48 | €7,511 | €6,048 | -€1,463 | -19.5% |
| Trade debts | 44 | €5,770 | €1,652 | -€4,118 | -71.4% |
| Suppliers | 440/4 | €1,391 | €1,652 | +€260 | +18.7% |
| Bills of exchange payable | 441 | €4,378 | - | -€4,378 | |
| Taxes, remuneration and social security | 45 | €1,741 | €4,396 | +€2,655 | +152% |
| Taxes | 450/3 | €1,741 | €3,196 | +€1,455 | +83.6% |
| Remuneration and social security | 454/9 | - | €1,200 | +€1,200 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €128 | €512 | +€384 | +300% |
| Gross operating margin | 9900 | €3,176 | €24,420 | +€21,243 | +669% |
| Operating profit (loss) | 9901 | €3,048 | €23,907 | +€20,859 | +684% |
| Financial charges | 65/66B | €6 | €102 | +€95 | +1,500% |
| Recurring financial charges | 65 | €6 | €102 | +€95 | +1,500% |
| Profit (loss) for the period before taxes | 9903 | €3,042 | €23,805 | +€20,764 | +683% |
| Income taxes | 67/77 | €659 | €5,429 | +€4,771 | +724% |
| Profit (loss) for the period | 9904 | €2,383 | €18,376 | +€15,993 | +671% |
| Profit (loss) for the period to be appropriated | 9905 | €2,383 | €18,376 | +€15,993 | +671% |
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 1 November 2026 via checked.be.