SC SECURITY GROUP: 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.
SC SECURITY GROUP
Largest movements
- Cash +€33,317
up €33,317 (+127%), from €26,189 to €59,506
mainly Trade debts (+€87,832) and Short-term financial debts (+€9,540)
- Tangible fixed assets +€31,940
up €31,940 (+431%), from €7,410 to €39,350
of which Land and buildings: +€17,969
- Trade debts +€87,832
up €87,832 (+110%), from €79,942 to €167,774
- Debts after one year -€12,766
down €12,766 (-37.0%), from €34,510 to €21,744
- Profit (loss) carried forward -€11,788
down €11,788 (-80.1%), from €14,717 to €2,930
- Short-term financial debts +€9,540
up €9,540 (+11.3%), from €84,062 to €93,602
- Current portion of long-term debt -€9,313
down €9,313 (-8.7%), from €106,489 to €97,176
- Gross operating margin -€244,683
down €244,683 (-11.9%), from €2.1m to €1.8m
- Staff costs -€187,182
down €187,182 (-9.4%), from €2.0m to €1.8m
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 | €600,324 | €659,398 | +€59,074 | +9.8% |
| Fixed assets | 21/28 | €7,410 | €39,350 | +€31,940 | +431% |
| Tangible fixed assets | 22/27 | €7,410 | €39,350 | +€31,940 | +431% |
| Land and buildings | 22 | €3,052 | €21,022 | +€17,969 | +589% |
| Plant, machinery and equipment | 23 | €549 | €229 | -€320 | -58.3% |
| Furniture and vehicles | 24 | €3,809 | €18,100 | +€14,291 | +375% |
| Current assets | 29/58 | €592,914 | €620,047 | +€27,134 | +4.6% |
| Amounts receivable within one year | 40/41 | €566,725 | €560,541 | -€6,184 | -1.1% |
| Trade receivables | 40 | €327,865 | €353,866 | +€26,001 | +7.9% |
| Other amounts receivable | 41 | €238,860 | €206,675 | -€32,185 | -13.5% |
| Cash at bank and in hand | 54/58 | €26,189 | €59,506 | +€33,317 | +127% |
| Total equity and liabilities | 10/49 | €600,324 | €659,398 | +€59,074 | +9.8% |
| Equity | 10/15 | €28,977 | €17,190 | -€11,788 | -40.7% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 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 | €14,717 | €2,930 | -€11,788 | -80.1% |
| Amounts payable | 17/49 | €571,347 | €642,208 | +€70,861 | +12.4% |
| Amounts payable after more than one year | 17 | €34,510 | €21,744 | -€12,766 | -37.0% |
| Financial debts | 170/4 | €34,510 | €21,744 | -€12,766 | -37.0% |
| Amounts payable within one year | 42/48 | €536,836 | €620,464 | +€83,627 | +15.6% |
| Current portion of amounts payable after more than one year | 42 | €106,489 | €97,176 | -€9,313 | -8.7% |
| Financial debts | 43 | €84,062 | €93,602 | +€9,540 | +11.3% |
| Credit institutions | 430/8 | €84,062 | €93,602 | +€9,540 | +11.3% |
| Trade debts | 44 | €79,942 | €167,774 | +€87,832 | +110% |
| Suppliers | 440/4 | €79,942 | €167,774 | +€87,832 | +110% |
| Taxes, remuneration and social security | 45 | €266,343 | €261,912 | -€4,431 | -1.7% |
| Taxes | 450/3 | €87,150 | €77,679 | -€9,471 | -10.9% |
| Remuneration and social security | 454/9 | €179,193 | €184,233 | +€5,040 | +2.8% |
| Remuneration, social security and pensions | 62 | €1,983,414 | €1,796,232 | -€187,182 | -9.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,420 | €4,303 | +€883 | +25.8% |
| Other operating charges | 640/8 | €1,261 | €1,777 | +€516 | +40.9% |
| Gross operating margin | 9900 | €2,064,652 | €1,819,969 | -€244,683 | -11.9% |
| Operating profit (loss) | 9901 | €76,558 | €17,658 | -€58,900 | -76.9% |
| Financial income | 75/76B | €88 | €2 | -€86 | -97.7% |
| Recurring financial income | 75 | €88 | €2 | -€86 | -97.7% |
| Financial charges | 65/66B | €36,520 | €27,166 | -€9,354 | -25.6% |
| Recurring financial charges | 65 | €36,520 | €27,166 | -€9,354 | -25.6% |
| Profit (loss) for the period before taxes | 9903 | €40,126 | -€9,506 | -€49,632 | |
| Income taxes | 67/77 | €13,284 | €2,282 | -€11,003 | -82.8% |
| Profit (loss) for the period | 9904 | €26,842 | -€11,788 | -€38,629 | |
| Profit (loss) for the period to be appropriated | 9905 | €26,842 | -€11,788 | -€38,629 |
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 15 October 2026 via checked.be.