Securex ICT: 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.
What changed
Securex ICT
NACE 70.200, Business and other management consultancy
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€289,660
2024 · -€598,388+€888,048
Equity
€486,697
2024 · €197,036+€289,660
Cash
€185,410
2024 · €1.9m-€1.7m
Balance sheet total
€17.4m
2024 · €15.2m+€2.2m
Largest movements
Assets
- Cash -€1.7m
down €1.7m (-90.1%), from €1.9m to €185,410
mainly Receivables within one year (-€1.4m) and Deferred charges and accrued income (-€1.4m)
- Receivables within one year +€1.4m
up €1.4m (+18.7%), from €7.4m to €8.8m
of which Trade receivables: +€1.4m
- Deferred charges and accrued income +€1.4m
up €1.4m (+36.5%), from €3.8m to €5.2m
- Current investments +€590,000
new in 2025: €590,000
- Intangible fixed assets +€439,867
up €439,867 (+25.6%), from €1.7m to €2.2m
Equity and liabilities
- Debts within one year +€761,960
up €761,960 (+5.1%), from €14.9m to €15.7m
of which Trade debts: +€1.8m
- Accrued charges and deferred income +€450,539
up €450,539 (+429.7%), from €104,845 to €555,384
- Provisions +€418,000
new in 2025: €418,000
- Debts after one year +€300,000
new in 2025: €300,000
- Profit (loss) carried forward +€289,660
up €289,660 (+51.4%), from -€563,842 to -€274,182
Income statement
- Staff costs -€1.1m
down €1.1m (-7.3%), from €14.5m to €13.4m
- Turnover +€533,975
up €533,975 (+1.1%), from €46.6m to €47.1m
- Services and other goods +€477,640
up €477,640 (+1.5%), from €32.6m to €33.0m
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.
Result 2024
-€598,388
Turnover
+€533,975
Other operating income
+€30,247
Services and other goods
-€477,640
Staff costs
+€1.1m
Depreciation
+€177,745
Write-downs
+€2,224
Other operating charges
-€40,700
Other operating items
-€509,120
Financial income
+€7,435
Financial charges
+€108,536
Result 2025
€289,660
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.
From operations
-€338,691
Investment
-€1.7m
Financing
+€300,000
Cash 2024
€1.9m
From operations (derived)
-€338,691
Net result for the year
+€289,660
Depreciation
+€514,720
Receivables within one year
-€1.4m
Deferred charges and accrued income
-€1.4m
Provisions
+€418,000
Debts within one year
+€761,960
Accrued charges and deferred income
+€450,539
Investment (derived)
-€1.7m
Investment in fixed assets (net)
-€1.1m
Current investments
-€590,000
Financing
+€300,000
Debts after one year
+€300,000
Cash 2025
€185,410
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €15,204,294 | €17,424,453 | +€2.2m | +14.6% |
| Fixed assets | 21/28 | €2,097,293 | €2,643,874 | +€546,581 | +26.1% |
| Intangible fixed assets | 21 | €1,715,690 | €2,155,557 | +€439,867 | +25.6% |
| Tangible fixed assets | 22/27 | €381,453 | €488,316 | +€106,864 | +28.0% |
| Plant, machinery and equipment | 23 | €352,423 | €460,382 | +€107,960 | +30.6% |
| Other tangible fixed assets | 26 | €29,030 | €27,934 | -€1,096 | -3.8% |
| Financial fixed assets | 28 | €150 | - | -€150 | |
| Other financial fixed assets | 284/8 | €150 | - | -€150 | |
| Amounts receivable and cash guarantees | 285/8 | €150 | - | -€150 | |
| Current assets | 29/58 | €13,107,001 | €14,780,579 | +€1.7m | +12.8% |
| Amounts receivable within one year | 40/41 | €7,449,019 | €8,842,096 | +€1.4m | +18.7% |
| Trade receivables | 40 | €4,545,680 | €5,901,237 | +€1.4m | +29.8% |
| Other amounts receivable | 41 | €2,903,339 | €2,940,859 | +€37,520 | +1.3% |
| Current investments | 50/53 | - | €590,000 | +€590,000 | |
| Cash at bank and in hand | 54/58 | €1,875,402 | €185,410 | -€1.7m | -90.1% |
| Deferred charges and accrued income | 490/1 | €3,782,581 | €5,163,072 | +€1.4m | +36.5% |
| Total equity and liabilities | 10/49 | €15,204,294 | €17,424,453 | +€2.2m | +14.6% |
| Equity | 10/15 | €197,036 | €486,697 | +€289,660 | +147.0% |
| Reserves | 13 | €760,878 | €760,878 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€563,842 | -€274,182 | +€289,660 | +51.4% |
| Provisions and deferred taxes | 16 | - | €418,000 | +€418,000 | |
| Provisions for liabilities and charges | 160/5 | - | €418,000 | +€418,000 | |
| Other liabilities and charges | 164/5 | - | €418,000 | +€418,000 | |
| Amounts payable | 17/49 | €15,007,258 | €16,519,756 | +€1.5m | +10.1% |
| Amounts payable after more than one year | 17 | - | €300,000 | +€300,000 | |
| Financial debts | 170/4 | - | €300,000 | +€300,000 | |
| Other loans | 174 | - | €300,000 | +€300,000 | |
| Amounts payable within one year | 42/48 | €14,902,412 | €15,664,372 | +€761,960 | +5.1% |
| Financial debts | 43 | €6,000,000 | €5,700,000 | -€300,000 | -5.0% |
| Other loans | 439 | €6,000,000 | €5,700,000 | -€300,000 | -5.0% |
| Trade debts | 44 | €2,889,104 | €4,734,914 | +€1.8m | +63.9% |
| Suppliers | 440/4 | €2,889,104 | €4,734,914 | +€1.8m | +63.9% |
| Taxes, remuneration and social security | 45 | €5,735,118 | €4,939,771 | -€795,348 | -13.9% |
| Taxes | 450/3 | €2,629,304 | €2,823,300 | +€193,996 | +7.4% |
| Remuneration and social security | 454/9 | €3,105,814 | €2,116,470 | -€989,344 | -31.9% |
| Accrued charges and deferred income | 492/3 | €104,845 | €555,384 | +€450,539 | +429.7% |
| Operating income | 70/76A | €47,502,026 | €47,975,127 | +€473,102 | +1.0% |
| Turnover | 70 | €46,604,320 | €47,138,295 | +€533,975 | +1.1% |
| Own construction capitalised | 72 | €578,748 | €487,628 | -€91,120 | -15.7% |
| Other operating income | 74 | €318,958 | €349,205 | +€30,247 | +9.5% |
| Operating charges | 60/66A | €47,773,569 | €47,474,594 | -€298,975 | -0.6% |
| Services and other goods | 61 | €32,553,276 | €33,030,916 | +€477,640 | +1.5% |
| Remuneration, social security and pensions | 62 | €14,487,124 | €13,431,777 | -€1.1m | -7.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €692,465 | €514,720 | -€177,745 | -25.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €999 | -€1,224 | -€2,224 | |
| Other operating charges | 640/8 | €39,705 | €80,405 | +€40,700 | +102.5% |
| Operating profit (loss) | 9901 | -€271,544 | €500,533 | +€772,076 | |
| Financial income | 75/76B | €1,024 | €8,459 | +€7,435 | +726.1% |
| Recurring financial income | 75 | €1,024 | €8,459 | +€7,435 | +726.1% |
| Income from current assets | 751 | €1,024 | €8,459 | +€7,435 | +726.2% |
| Other financial income | 752/9 | €0 | €1 | +€0 | +168.4% |
| Financial charges | 65/66B | €327,868 | €219,332 | -€108,536 | -33.1% |
| Recurring financial charges | 65 | €327,868 | €219,332 | -€108,536 | -33.1% |
| Debt charges | 650 | €326,632 | €216,670 | -€109,962 | -33.7% |
| Other financial charges | 652/9 | €1,236 | €2,661 | +€1,426 | +115.4% |
| Profit (loss) for the period before taxes | 9903 | -€598,388 | €289,660 | +€888,048 | |
| Profit (loss) for the period | 9904 | -€598,388 | €289,660 | +€888,048 | |
| Profit (loss) for the period to be appropriated | 9905 | -€598,388 | €289,660 | +€888,048 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.