SECURIPOINT: 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
SECURIPOINT
NACE 68.203, Renting and operating of own or leased non-residential real estate, excluding land
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€91,460
2024 · €15,736-€107,195
Equity
-€364,280
2024 · -€272,821-€91,460
Cash
€60,268
2024 · €28,773+€31,495
Balance sheet total
€6.6m
2024 · €6.6m+€28,123
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Short-term financial debts +€3.1m
up €3.1m (+92.6%), from €3.4m to €6.5m
- Current portion of long-term debt -€3.0m
down €3.0m (-98.3%), from €3.1m to €53,366
- Profit (loss) carried forward -€91,460
down €91,460 (-18.9%), from -€482,704 to -€574,163
Income statement
- Financial charges +€127,728
up €127,728 (+294.0%), from €43,446 to €171,174
- Gross operating margin +€23,641
up €23,641 (+11.2%), from €210,815 to €234,456
- Other operating charges +€3,720
up €3,720 (+3.6%), from €102,648 to €106,368
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
€15,736
Gross operating margin
+€23,641
Depreciation
+€706
Other operating charges
-€3,720
Financial income
-€122
Financial charges
-€127,728
Taxes
+€29
Result 2025
-€91,460
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
-€39,526
Investment
-€12,461
Financing
+€83,481
Cash 2024
€28,773
From operations (derived)
-€39,526
Net result for the year
-€91,460
Depreciation
+€48,220
Smaller working-capital items
-€7,486
Deferred charges and accrued income
-€24,900
Accrued charges and deferred income
+€36,100
Investment (derived)
-€12,461
Investment in fixed assets (net)
-€12,461
Financing
+€83,481
Debts after one year
-€53,366
Current portion of long-term debt
-€3.0m
Short-term financial debts
+€3.1m
Cash 2025
€60,268
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,582,845 | €6,610,968 | +€28,123 | +0.4% |
| Fixed assets | 21/28 | €5,499,388 | €5,463,629 | -€35,759 | -0.7% |
| Tangible fixed assets | 22/27 | €747,835 | €712,511 | -€35,324 | -4.7% |
| Land and buildings | 22 | €747,835 | €703,914 | -€43,921 | -5.9% |
| Furniture and vehicles | 24 | - | €8,597 | +€8,597 | |
| Financial fixed assets | 28 | €4,751,553 | €4,751,118 | -€435 | 0.0% |
| Current assets | 29/58 | €1,083,457 | €1,147,338 | +€63,882 | +5.9% |
| Amounts receivable within one year | 40/41 | €915,162 | €922,648 | +€7,487 | +0.8% |
| Trade receivables | 40 | €2,162 | €3,648 | +€1,487 | +68.8% |
| Other amounts receivable | 41 | €913,000 | €919,000 | +€6,000 | +0.7% |
| Cash at bank and in hand | 54/58 | €28,773 | €60,268 | +€31,495 | +109.5% |
| Deferred charges and accrued income | 490/1 | €139,522 | €164,422 | +€24,900 | +17.8% |
| Total equity and liabilities | 10/49 | €6,582,845 | €6,610,968 | +€28,123 | +0.4% |
| Equity | 10/15 | -€272,821 | -€364,280 | -€91,460 | -33.5% |
| Contributions | 10/11 | €158,150 | €158,150 | = | 0.0% |
| Capital | 10 | €158,150 | €158,150 | = | 0.0% |
| Issued capital | 100 | €198,150 | €198,150 | = | 0.0% |
| Uncalled capital | 101 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €51,733 | €51,733 | = | 0.0% |
| Non-distributable reserves | 130/1 | €19,918 | €19,918 | = | 0.0% |
| Legal reserve | 130 | €19,918 | €19,918 | = | 0.0% |
| Distributable reserves | 133 | €31,815 | €31,815 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€482,704 | -€574,163 | -€91,460 | -18.9% |
| Amounts payable | 17/49 | €6,855,665 | €6,975,248 | +€119,583 | +1.7% |
| Amounts payable after more than one year | 17 | €217,111 | €163,746 | -€53,366 | -24.6% |
| Financial debts | 170/4 | €217,111 | €163,746 | -€53,366 | -24.6% |
| Amounts payable within one year | 42/48 | €6,487,834 | €6,624,682 | +€136,848 | +2.1% |
| Current portion of amounts payable after more than one year | 42 | €3,052,769 | €53,366 | -€3.0m | -98.3% |
| Financial debts | 43 | €3,386,000 | €6,522,250 | +€3.1m | +92.6% |
| Other loans | 439 | €3,386,000 | €6,522,250 | +€3.1m | +92.6% |
| Trade debts | 44 | €43,711 | €42,062 | -€1,649 | -3.8% |
| Suppliers | 440/4 | €43,711 | €42,062 | -€1,649 | -3.8% |
| Taxes, remuneration and social security | 45 | €5,355 | €7,004 | +€1,650 | +30.8% |
| Taxes | 450/3 | €5,355 | €7,004 | +€1,650 | +30.8% |
| Accrued charges and deferred income | 492/3 | €150,720 | €186,820 | +€36,100 | +24.0% |
| Non-recurring operating income | 76A | - | €420 | +€420 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,926 | €48,220 | -€706 | -1.4% |
| Other operating charges | 640/8 | €102,648 | €106,368 | +€3,720 | +3.6% |
| Gross operating margin | 9900 | €210,815 | €234,456 | +€23,641 | +11.2% |
| Operating profit (loss) | 9901 | €59,242 | €79,868 | +€20,627 | +34.8% |
| Financial income | 75/76B | €232 | €110 | -€122 | -52.7% |
| Recurring financial income | 75 | €232 | €110 | -€122 | -52.7% |
| Financial charges | 65/66B | €43,446 | €171,174 | +€127,728 | +294.0% |
| Recurring financial charges | 65 | €43,446 | €171,174 | +€127,728 | +294.0% |
| Profit (loss) for the period before taxes | 9903 | €16,028 | -€91,196 | -€107,224 | |
| Income taxes | 67/77 | €293 | €264 | -€29 | -9.8% |
| Profit (loss) for the period | 9904 | €15,736 | -€91,460 | -€107,195 | |
| Profit (loss) for the period to be appropriated | 9905 | €15,736 | -€91,460 | -€107,195 |
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 8 October 2026 via checked.be.