SecureNet Advisors: 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.
SecureNet Advisors
Largest movements
- Cash +€74,785
up €74,785 (+110.9%), from €67,462 to €142,247
mainly Net result for the year (+€77,166) and Depreciation (+€1,477)
- Reserves +€77,166
up €77,166 (+168.1%), from €45,895 to €123,061
- Tax, wage and social debts -€4,824
down €4,824 (-41.4%), from €11,655 to €6,831
of which Taxes: -€8,824
- Gross operating margin +€40,793
up €40,793 (+69.0%), from €59,087 to €99,879
- Taxes +€8,176
up €8,176 (+70.2%), from €11,655 to €19,831
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 | €70,975 | €145,662 | +€74,687 | +105.2% |
| Fixed assets | 21/28 | €3,466 | €3,415 | -€51 | -1.5% |
| Tangible fixed assets | 22/27 | €3,466 | €3,415 | -€51 | -1.5% |
| Plant, machinery and equipment | 23 | €3,466 | €2,274 | -€1,192 | -34.4% |
| Furniture and vehicles | 24 | - | €1,141 | +€1,141 | |
| Current assets | 29/58 | €67,509 | €142,247 | +€74,738 | +110.7% |
| Amounts receivable within one year | 40/41 | €47 | - | -€47 | |
| Other amounts receivable | 41 | €47 | - | -€47 | |
| Cash at bank and in hand | 54/58 | €67,462 | €142,247 | +€74,785 | +110.9% |
| Total equity and liabilities | 10/49 | €70,975 | €145,662 | +€74,687 | +105.2% |
| Equity | 10/15 | €45,995 | €123,161 | +€77,166 | +167.8% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €45,895 | €123,061 | +€77,166 | +168.1% |
| Distributable reserves | 133 | €45,895 | €123,061 | +€77,166 | +168.1% |
| Amounts payable | 17/49 | €24,980 | €22,501 | -€2,479 | -9.9% |
| Amounts payable within one year | 42/48 | €24,980 | €22,501 | -€2,479 | -9.9% |
| Trade debts | 44 | - | €1,397 | +€1,397 | |
| Suppliers | 440/4 | - | €1,397 | +€1,397 | |
| Taxes, remuneration and social security | 45 | €11,655 | €6,831 | -€4,824 | -41.4% |
| Taxes | 450/3 | €11,655 | €2,831 | -€8,824 | -75.7% |
| Remuneration and social security | 454/9 | - | €4,000 | +€4,000 | |
| Other amounts payable | 47/48 | €13,325 | €14,273 | +€948 | +7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €894 | €1,477 | +€583 | +65.3% |
| Other operating charges | 640/8 | - | €167 | +€167 | |
| Gross operating margin | 9900 | €59,087 | €99,879 | +€40,793 | +69.0% |
| Operating profit (loss) | 9901 | €58,193 | €98,236 | +€40,043 | +68.8% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €643 | €1,239 | +€596 | +92.7% |
| Recurring financial charges | 65 | €643 | €1,239 | +€596 | +92.7% |
| Profit (loss) for the period before taxes | 9903 | €57,550 | €96,997 | +€39,447 | +68.5% |
| Income taxes | 67/77 | €11,655 | €19,831 | +€8,176 | +70.2% |
| Profit (loss) for the period | 9904 | €45,895 | €77,166 | +€31,271 | +68.1% |
| Profit (loss) for the period to be appropriated | 9905 | €45,895 | €77,166 | +€31,271 | +68.1% |
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 9 October 2026 via checked.be.