ROSING 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.
ROSING SECURITY
Largest movements
- Receivables within one year +€39,900
up €39,900 (+62.2%), from €64,170 to €104,070
of which Trade receivables: +€28,377
- Cash -€5,487
down €5,487 (-6.5%), from €84,073 to €78,586
mainly Receivables within one year (-€39,900) and Contributions, distributions and other (-€21,269)
- Other debts +€29,622
up €29,622 (+341.5%), from €8,674 to €38,296
- Tax, wage and social debts +€2,376
up €2,376 (+10.0%), from €23,685 to €26,062
of which Remuneration and social security: +€2,401
- Staff costs +€40,513
up €40,513 (+60.6%), from €66,852 to €107,365
- Gross operating margin +€23,311
up €23,311 (+19.7%), from €118,620 to €141,931
- Taxes -€4,694
down €4,694 (-35.5%), from €13,219 to €8,525
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 | €157,844 | €190,538 | +€32,694 | +20.7% |
| Fixed assets | 21/28 | €9,601 | €7,881 | -€1,719 | -17.9% |
| Tangible fixed assets | 22/27 | €9,601 | €7,881 | -€1,719 | -17.9% |
| Plant, machinery and equipment | 23 | €516 | €1,294 | +€778 | +150.8% |
| Furniture and vehicles | 24 | €4,020 | €2,367 | -€1,653 | -41.1% |
| Other tangible fixed assets | 26 | €5,064 | €4,220 | -€844 | -16.7% |
| Current assets | 29/58 | €148,243 | €182,657 | +€34,413 | +23.2% |
| Amounts receivable within one year | 40/41 | €64,170 | €104,070 | +€39,900 | +62.2% |
| Trade receivables | 40 | €57,389 | €85,766 | +€28,377 | +49.4% |
| Other amounts receivable | 41 | €6,781 | €18,304 | +€11,523 | +169.9% |
| Cash at bank and in hand | 54/58 | €84,073 | €78,586 | -€5,487 | -6.5% |
| Total equity and liabilities | 10/49 | €157,844 | €190,538 | +€32,694 | +20.7% |
| Equity | 10/15 | €78,339 | €78,339 | = | 0.0% |
| Contributions | 10/11 | €6,262 | €6,262 | = | 0.0% |
| Reserves | 13 | €72,077 | €72,077 | = | 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% |
| Distributable reserves | 133 | €70,217 | €70,217 | = | 0.0% |
| Amounts payable | 17/49 | €79,505 | €112,199 | +€32,694 | +41.1% |
| Amounts payable within one year | 42/48 | €79,505 | €112,199 | +€32,694 | +41.1% |
| Financial debts | 43 | €18,272 | €18,291 | +€20 | +0.1% |
| Credit institutions | 430/8 | €18,272 | €18,291 | +€20 | +0.1% |
| Trade debts | 44 | €28,874 | €29,550 | +€676 | +2.3% |
| Suppliers | 440/4 | €28,874 | €29,550 | +€676 | +2.3% |
| Taxes, remuneration and social security | 45 | €23,685 | €26,062 | +€2,376 | +10.0% |
| Taxes | 450/3 | €16,344 | €16,319 | -€25 | -0.2% |
| Remuneration and social security | 454/9 | €7,341 | €9,742 | +€2,401 | +32.7% |
| Other amounts payable | 47/48 | €8,674 | €38,296 | +€29,622 | +341.5% |
| Remuneration, social security and pensions | 62 | €66,852 | €107,365 | +€40,513 | +60.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,802 | €2,669 | +€867 | +48.1% |
| Other operating charges | 640/8 | €111 | €148 | +€38 | +34.1% |
| Gross operating margin | 9900 | €118,620 | €141,931 | +€23,311 | +19.7% |
| Operating profit (loss) | 9901 | €49,856 | €31,749 | -€18,107 | -36.3% |
| Financial income | 75/76B | - | €90 | +€90 | |
| Recurring financial income | 75 | - | €90 | +€90 | |
| Financial charges | 65/66B | €2,192 | €2,045 | -€147 | -6.7% |
| Recurring financial charges | 65 | €2,192 | €2,045 | -€147 | -6.7% |
| Profit (loss) for the period before taxes | 9903 | €47,664 | €29,794 | -€17,870 | -37.5% |
| Income taxes | 67/77 | €13,219 | €8,525 | -€4,694 | -35.5% |
| Profit (loss) for the period | 9904 | €34,445 | €21,269 | -€13,176 | -38.3% |
| Profit (loss) for the period to be appropriated | 9905 | €34,445 | €21,269 | -€13,176 | -38.3% |
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 29 September 2026 via checked.be.