Safety Protection & Security Services: 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.
Safety Protection & Security Services
Largest movements
- Receivables within one year -€94,128
down €94,128 (-73.6%), from €127,925 to €33,796
- Cash -€17,817
down €17,817 (-100.0%), from €17,823 to €7
mainly Other debts (-€189,252) and Net result for the year (-€33,107)
- Tangible fixed assets -€3,853
down €3,853 (-3.0%), from €129,663 to €125,810
- Other debts -€189,252
down €189,252 (-41.8%), from €452,539 to €263,287
- Short-term financial debts +€100,000
new in 2025: €100,000
- Profit (loss) carried forward -€33,107
down €33,107 (-16.6%), from -€199,045 to -€232,151
- Trade debts +€5,714
up €5,714 (+338%), from €1,693 to €7,407
- Gross operating margin -€138,397
down €138,397, from €121,715 to -€16,682
- Financial charges -€9,138
down €9,138 (-42.8%), from €21,336 to €12,198
- Other operating charges -€5,836
down €5,836 (-88.7%), from €6,582 to €747
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 | €275,411 | €159,613 | -€115,798 | -42.0% |
| Fixed assets | 21/28 | €129,663 | €125,810 | -€3,853 | -3.0% |
| Tangible fixed assets | 22/27 | €129,663 | €125,810 | -€3,853 | -3.0% |
| Land and buildings | 22 | €129,663 | €125,810 | -€3,853 | -3.0% |
| Current assets | 29/58 | €145,748 | €33,803 | -€111,945 | -76.8% |
| Amounts receivable within one year | 40/41 | €127,925 | €33,796 | -€94,128 | -73.6% |
| Other amounts receivable | 41 | €127,925 | €33,796 | -€94,128 | -73.6% |
| Cash at bank and in hand | 54/58 | €17,823 | €7 | -€17,817 | -100.0% |
| Total equity and liabilities | 10/49 | €275,411 | €159,613 | -€115,798 | -42.0% |
| Equity | 10/15 | -€179,045 | -€212,151 | -€33,107 | -18.5% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€199,045 | -€232,151 | -€33,107 | -16.6% |
| Amounts payable | 17/49 | €454,456 | €371,764 | -€82,692 | -18.2% |
| Amounts payable within one year | 42/48 | €454,301 | €371,764 | -€82,537 | -18.2% |
| Financial debts | 43 | - | €100,000 | +€100,000 | |
| Credit institutions | 430/8 | - | €100,000 | +€100,000 | |
| Trade debts | 44 | €1,693 | €7,407 | +€5,714 | +338% |
| Suppliers | 440/4 | €1,693 | €7,407 | +€5,714 | +338% |
| Taxes, remuneration and social security | 45 | €69 | €1,070 | +€1,001 | +1,453% |
| Taxes | 450/3 | €69 | €1,070 | +€1,001 | +1,453% |
| Other amounts payable | 47/48 | €452,539 | €263,287 | -€189,252 | -41.8% |
| Accrued charges and deferred income | 492/3 | €155 | - | -€155 | |
| Non-recurring operating income | 76A | €92,866 | €2,134 | -€90,732 | -97.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,653 | €3,653 | -€0 | 0.0% |
| Other operating charges | 640/8 | €6,582 | €747 | -€5,836 | -88.7% |
| Non-recurring operating charges | 66A | €49,233 | €543 | -€48,689 | -98.9% |
| Gross operating margin | 9900 | €121,715 | -€16,682 | -€138,397 | |
| Operating profit (loss) | 9901 | €62,247 | -€21,625 | -€83,872 | |
| Financial income | 75/76B | - | €1,175 | +€1,175 | |
| Recurring financial income | 75 | - | €1,175 | +€1,175 | |
| Financial charges | 65/66B | €21,336 | €12,198 | -€9,138 | -42.8% |
| Recurring financial charges | 65 | €21,336 | €12,198 | -€9,138 | -42.8% |
| Profit (loss) for the period before taxes | 9903 | €40,910 | -€32,649 | -€73,559 | |
| Income taxes | 67/77 | €612 | €458 | -€155 | -25.2% |
| Profit (loss) for the period | 9904 | €40,298 | -€33,107 | -€73,405 | |
| Profit (loss) for the period to be appropriated | 9905 | €40,298 | -€33,107 | -€73,405 |
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 25 October 2026 via checked.be.