Sécuritis: 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.
Sécuritis
Largest movements
- Receivables within one year +€14,000
up €14,000 (+126%), from €11,148 to €25,148
of which Trade receivables: +€12,724
- Tangible fixed assets +€8,694
up €8,694 (+203%), from €4,287 to €12,981
- Cash -€6,842
down €6,842 (-15.5%), from €44,031 to €37,189
mainly Investment in fixed assets (net) (-€16,024) and Receivables within one year (-€14,000)
- Deferred charges and accrued income -€2,146
down €2,146 (-92.9%), from €2,310 to €164
- Reserves +€13,474
up €13,474 (+38.6%), from €34,901 to €48,375
of which Distributable reserves: +€15,334
- Current portion of long-term debt -€1,709
down €1,709 (-79.1%), from €2,160 to €451
- Tax, wage and social debts +€1,227
up €1,227 (+22.0%), from €5,583 to €6,810
- Gross operating margin +€9,748
up €9,748 (+56.8%), from €17,158 to €26,906
- Depreciation +€5,282
up €5,282 (+258%), from €2,048 to €7,330
- Taxes +€1,109
up €1,109 (+26.7%), from €4,154 to €5,263
- Financial charges +€545
up €545 (+185%), from €294 to €839
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.
Derived cash bridge
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 | €61,776 | €75,482 | +€13,706 | +22.2% |
| Fixed assets | 21/28 | €4,287 | €12,981 | +€8,694 | +203% |
| Tangible fixed assets | 22/27 | €4,287 | €12,981 | +€8,694 | +203% |
| Furniture and vehicles | 24 | €4,287 | €12,981 | +€8,694 | +203% |
| Current assets | 29/58 | €57,489 | €62,501 | +€5,012 | +8.7% |
| Amounts receivable within one year | 40/41 | €11,148 | €25,148 | +€14,000 | +126% |
| Trade receivables | 40 | €11,023 | €23,747 | +€12,724 | +115% |
| Other amounts receivable | 41 | €125 | €1,401 | +€1,276 | +1,021% |
| Cash at bank and in hand | 54/58 | €44,031 | €37,189 | -€6,842 | -15.5% |
| Deferred charges and accrued income | 490/1 | €2,310 | €164 | -€2,146 | -92.9% |
| Total equity and liabilities | 10/49 | €61,776 | €75,482 | +€13,706 | +22.2% |
| Equity | 10/15 | €41,101 | €54,575 | +€13,474 | +32.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €34,901 | €48,375 | +€13,474 | +38.6% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €33,041 | €48,375 | +€15,334 | +46.4% |
| Amounts payable | 17/49 | €20,675 | €20,907 | +€232 | +1.1% |
| Amounts payable within one year | 42/48 | €20,675 | €20,907 | +€232 | +1.1% |
| Current portion of amounts payable after more than one year | 42 | €2,160 | €451 | -€1,709 | -79.1% |
| Trade debts | 44 | €9,506 | €9,759 | +€253 | +2.7% |
| Suppliers | 440/4 | €9,506 | €9,759 | +€253 | +2.7% |
| Taxes, remuneration and social security | 45 | €5,583 | €6,810 | +€1,227 | +22.0% |
| Taxes | 450/3 | €5,583 | €6,810 | +€1,227 | +22.0% |
| Other amounts payable | 47/48 | €3,426 | €3,887 | +€461 | +13.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,048 | €7,330 | +€5,282 | +258% |
| Gross operating margin | 9900 | €17,158 | €26,906 | +€9,748 | +56.8% |
| Operating profit (loss) | 9901 | €15,110 | €19,576 | +€4,466 | +29.6% |
| Financial charges | 65/66B | €294 | €839 | +€545 | +185% |
| Recurring financial charges | 65 | €294 | €839 | +€545 | +185% |
| Profit (loss) for the period before taxes | 9903 | €14,816 | €18,737 | +€3,921 | +26.5% |
| Income taxes | 67/77 | €4,154 | €5,263 | +€1,109 | +26.7% |
| Profit (loss) for the period | 9904 | €10,662 | €13,474 | +€2,812 | +26.4% |
| Profit (loss) for the period to be appropriated | 9905 | €10,662 | €13,474 | +€2,812 | +26.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.