SECURE LOCKS: 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.
SECURE LOCKS
Largest movements
- Receivables within one year +€28,747
up €28,747 (+641.9%), from €4,478 to €33,226
of which Other amounts receivable: +€30,278
- Cash -€10,350
down €10,350 (-26.3%), from €39,283 to €28,933
mainly Receivables within one year (-€28,747) and Net result for the year (-€8,458)
- Tangible fixed assets -€1,521
down €1,521 (-23.0%), from €6,603 to €5,081
of which Furniture and vehicles: -€1,456
- Other debts +€24,785
up €24,785 (+256.3%), from €9,671 to €34,456
- Profit (loss) carried forward -€8,458
down €8,458 (-18.8%), from €45,035 to €36,577
- Gross operating margin -€17,503
down €17,503, from €13,140 to -€4,364
- Depreciation -€704
down €704 (-31.6%), from €2,225 to €1,521
- Other operating charges -€613
down €613 (-25.6%), from €2,393 to €1,780
- Financial charges -€163
down €163 (-53.4%), from €304 to €142
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.
Cash bridge derived
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 | €78,705 | €95,341 | +€16,636 | +21.1% |
| Fixed assets | 21/28 | €6,753 | €5,231 | -€1,521 | -22.5% |
| Tangible fixed assets | 22/27 | €6,603 | €5,081 | -€1,521 | -23.0% |
| Plant, machinery and equipment | 23 | €417 | €352 | -€65 | -15.6% |
| Furniture and vehicles | 24 | €6,186 | €4,729 | -€1,456 | -23.5% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €71,952 | €90,109 | +€18,157 | +25.2% |
| Stocks and contracts in progress | 3 | €26,488 | €26,488 | = | 0.0% |
| Stocks | 30/36 | €26,488 | €26,488 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €4,478 | €33,226 | +€28,747 | +641.9% |
| Trade receivables | 40 | €4,050 | €2,519 | -€1,531 | -37.8% |
| Other amounts receivable | 41 | €428 | €30,707 | +€30,278 | +7067.0% |
| Cash at bank and in hand | 54/58 | €39,283 | €28,933 | -€10,350 | -26.3% |
| Deferred charges and accrued income | 490/1 | €1,702 | €1,463 | -€240 | -14.1% |
| Total equity and liabilities | 10/49 | €78,705 | €95,341 | +€16,636 | +21.1% |
| Equity | 10/15 | €61,095 | €52,637 | -€8,458 | -13.8% |
| Contributions | 10/11 | €14,200 | €14,200 | = | 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 | €45,035 | €36,577 | -€8,458 | -18.8% |
| Amounts payable | 17/49 | €17,610 | €42,704 | +€25,094 | +142.5% |
| Amounts payable within one year | 42/48 | €17,610 | €42,704 | +€25,094 | +142.5% |
| Trade debts | 44 | €4,114 | €4,720 | +€606 | +14.7% |
| Suppliers | 440/4 | €4,114 | €4,720 | +€606 | +14.7% |
| Taxes, remuneration and social security | 45 | €3,825 | €3,528 | -€297 | -7.8% |
| Taxes | 450/3 | €795 | €665 | -€130 | -16.3% |
| Remuneration and social security | 454/9 | €3,030 | €2,863 | -€167 | -5.5% |
| Other amounts payable | 47/48 | €9,671 | €34,456 | +€24,785 | +256.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,225 | €1,521 | -€704 | -31.6% |
| Other operating charges | 640/8 | €2,393 | €1,780 | -€613 | -25.6% |
| Gross operating margin | 9900 | €13,140 | -€4,364 | -€17,503 | |
| Operating profit (loss) | 9901 | €8,522 | -€7,665 | -€16,187 | |
| Financial income | 75/76B | €35 | €13 | -€21 | -61.9% |
| Recurring financial income | 75 | €35 | €13 | -€21 | -61.9% |
| Financial charges | 65/66B | €304 | €142 | -€163 | -53.4% |
| Recurring financial charges | 65 | €304 | €142 | -€163 | -53.4% |
| Profit (loss) for the period before taxes | 9903 | €8,252 | -€7,793 | -€16,046 | |
| Income taxes | 67/77 | €795 | €665 | -€130 | -16.3% |
| Profit (loss) for the period | 9904 | €7,458 | -€8,458 | -€15,916 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,458 | -€8,458 | -€15,916 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.