Securem Security Systems: 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.
Securem Security Systems
Largest movements
- Receivables within one year +€123,165
up €123,165 (+57.7%), from €213,563 to €336,728
of which Trade receivables: +€137,799
- Current investments +€30,399
up €30,399 (+1981.5%), from €1,534 to €31,933
- Tangible fixed assets -€12,618
down €12,618 (-23.5%), from €53,662 to €41,044
of which Furniture and vehicles: -€10,467
- Stocks and contracts +€9,789
up €9,789 (+4.9%), from €198,216 to €208,006
- Trade debts +€115,035
up €115,035 (+64.2%), from €179,171 to €294,206
- Advances received +€101,494
new in 2024: €101,494
- Other debts -€48,098
down €48,098 (-73.5%), from €65,463 to €17,365
- Tax, wage and social debts -€14,994
down €14,994 (-44.8%), from €33,483 to €18,489
of which Remuneration and social security: -€15,166
- Debts after one year -€6,919
down €6,919 (-27.8%), from €24,854 to €17,935
- Gross operating margin -€35,137
down €35,137 (-18.4%), from €191,196 to €156,059
- Staff costs -€9,210
down €9,210 (-7.5%), from €123,411 to €114,202
- Financial charges -€8,728
down €8,728 (-35.9%), from €24,291 to €15,563
- Taxes -€5,915
down €5,915 (-65.4%), from €9,044 to €3,129
- Depreciation -€3,921
down €3,921 (-18.9%), from €20,739 to €16,818
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €475,167 | €626,258 | +€151,092 | +31.8% |
| Fixed assets | 21/28 | €54,025 | €41,407 | -€12,618 | -23.4% |
| Tangible fixed assets | 22/27 | €53,662 | €41,044 | -€12,618 | -23.5% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €15,048 | €13,127 | -€1,920 | -12.8% |
| Furniture and vehicles | 24 | €36,389 | €25,922 | -€10,467 | -28.8% |
| Leasing and similar rights | 25 | €2,225 | €1,994 | -€231 | -10.4% |
| Financial fixed assets | 28 | €363 | €363 | = | 0.0% |
| Current assets | 29/58 | €421,142 | €584,852 | +€163,710 | +38.9% |
| Stocks and contracts in progress | 3 | €198,216 | €208,006 | +€9,789 | +4.9% |
| Stocks | 30/36 | €198,216 | €208,006 | +€9,789 | +4.9% |
| Amounts receivable within one year | 40/41 | €213,563 | €336,728 | +€123,165 | +57.7% |
| Trade receivables | 40 | €145,387 | €283,187 | +€137,799 | +94.8% |
| Other amounts receivable | 41 | €68,176 | €53,541 | -€14,635 | -21.5% |
| Current investments | 50/53 | €1,534 | €31,933 | +€30,399 | +1981.5% |
| Deferred charges and accrued income | 490/1 | €7,828 | €8,186 | +€357 | +4.6% |
| Total equity and liabilities | 10/49 | €475,167 | €626,258 | +€151,092 | +31.8% |
| Equity | 10/15 | €129,348 | €133,468 | +€4,120 | +3.2% |
| 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 | €115,088 | €119,208 | +€4,120 | +3.6% |
| Amounts payable | 17/49 | €345,818 | €492,790 | +€146,972 | +42.5% |
| Amounts payable after more than one year | 17 | €24,854 | €17,935 | -€6,919 | -27.8% |
| Financial debts | 170/4 | €24,854 | €17,935 | -€6,919 | -27.8% |
| Amounts payable within one year | 42/48 | €318,594 | €474,855 | +€156,261 | +49.0% |
| Current portion of amounts payable after more than one year | 42 | €30,200 | €31,064 | +€864 | +2.9% |
| Financial debts | 43 | €10,278 | €12,238 | +€1,960 | +19.1% |
| Credit institutions | 430/8 | €10,278 | €12,238 | +€1,960 | +19.1% |
| Trade debts | 44 | €179,171 | €294,206 | +€115,035 | +64.2% |
| Suppliers | 440/4 | €179,171 | €294,206 | +€115,035 | +64.2% |
| Advances received on contracts in progress | 46 | - | €101,494 | +€101,494 | |
| Taxes, remuneration and social security | 45 | €33,483 | €18,489 | -€14,994 | -44.8% |
| Taxes | 450/3 | €4,678 | €4,850 | +€172 | +3.7% |
| Remuneration and social security | 454/9 | €28,805 | €13,639 | -€15,166 | -52.6% |
| Other amounts payable | 47/48 | €65,463 | €17,365 | -€48,098 | -73.5% |
| Accrued charges and deferred income | 492/3 | €2,370 | €0 | -€2,370 | -100.0% |
| Remuneration, social security and pensions | 62 | €123,411 | €114,202 | -€9,210 | -7.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,739 | €16,818 | -€3,921 | -18.9% |
| Other operating charges | 640/8 | €1,356 | €2,260 | +€905 | +66.8% |
| Gross operating margin | 9900 | €191,196 | €156,059 | -€35,137 | -18.4% |
| Operating profit (loss) | 9901 | €45,690 | €22,778 | -€22,912 | -50.1% |
| Financial income | 75/76B | €572 | €34 | -€538 | -94.1% |
| Recurring financial income | 75 | €572 | €34 | -€538 | -94.1% |
| Financial charges | 65/66B | €24,291 | €15,563 | -€8,728 | -35.9% |
| Recurring financial charges | 65 | €24,291 | €15,563 | -€8,728 | -35.9% |
| Profit (loss) for the period before taxes | 9903 | €21,971 | €7,249 | -€14,722 | -67.0% |
| Income taxes | 67/77 | €9,044 | €3,129 | -€5,915 | -65.4% |
| Profit (loss) for the period | 9904 | €12,927 | €4,120 | -€8,807 | -68.1% |
| Profit (loss) for the period to be appropriated | 9905 | €12,927 | €4,120 | -€8,807 | -68.1% |
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 2 October 2026 via checked.be.