SECURITY ALARM SYSTEMS: 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.
SECURITY ALARM SYSTEMS
Largest movements
- Cash -€42,400
down €42,400 (-47.4%), from €89,474 to €47,074
mainly Net result for the year (-€52,572) and Receivables within one year (-€36,596)
- Receivables within one year +€36,596
up €36,596 (+61.4%), from €59,556 to €96,152
of which Other amounts receivable: +€43,649
- Tangible fixed assets -€5,414
down €5,414 (-46.0%), from €11,780 to €6,366
- Profit (loss) carried forward -€52,572
down €52,572 (-43.8%), from €119,985 to €67,413
- Trade debts +€48,531
up €48,531, from €0 to €48,531
- Debts after one year -€3,791
down €3,791 (-100%), from €3,791 to €0
- Current portion of long-term debt -€2,590
down €2,590 (-40.6%), from €6,382 to €3,791
- Gross operating margin -€15,770
down €15,770 (-15.3%), from €102,800 to €87,031
- Staff costs +€11,754
up €11,754 (+9.9%), from €118,276 to €130,030
- Financial income -€4,796
down €4,796 (-55.9%), from €8,582 to €3,786
- Other operating charges +€3,724
up €3,724 (+547%), from €681 to €4,405
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 | €184,500 | €173,768 | -€10,732 | -5.8% |
| Fixed assets | 21/28 | €11,780 | €6,366 | -€5,414 | -46.0% |
| Tangible fixed assets | 22/27 | €11,780 | €6,366 | -€5,414 | -46.0% |
| Furniture and vehicles | 24 | €11,780 | €6,366 | -€5,414 | -46.0% |
| Current assets | 29/58 | €172,719 | €167,402 | -€5,318 | -3.1% |
| Stocks and contracts in progress | 3 | €23,690 | €24,176 | +€486 | +2.1% |
| Stocks | 30/36 | €23,690 | €24,176 | +€486 | +2.1% |
| Amounts receivable within one year | 40/41 | €59,556 | €96,152 | +€36,596 | +61.4% |
| Trade receivables | 40 | €58,111 | €51,058 | -€7,053 | -12.1% |
| Other amounts receivable | 41 | €1,444 | €45,094 | +€43,649 | +3,022% |
| Cash at bank and in hand | 54/58 | €89,474 | €47,074 | -€42,400 | -47.4% |
| Total equity and liabilities | 10/49 | €184,500 | €173,768 | -€10,732 | -5.8% |
| Equity | 10/15 | €154,070 | €101,498 | -€52,572 | -34.1% |
| Contributions | 10/11 | €34,085 | €34,085 | = | 0.0% |
| Profit (loss) carried forward | 14 | €119,985 | €67,413 | -€52,572 | -43.8% |
| Amounts payable | 17/49 | €30,429 | €72,270 | +€41,840 | +137% |
| Amounts payable after more than one year | 17 | €3,791 | €0 | -€3,791 | -100% |
| Financial debts | 170/4 | €3,791 | €0 | -€3,791 | -100% |
| Amounts payable within one year | 42/48 | €26,638 | €72,270 | +€45,631 | +171% |
| Current portion of amounts payable after more than one year | 42 | €6,382 | €3,791 | -€2,590 | -40.6% |
| Trade debts | 44 | €0 | €48,531 | +€48,531 | |
| Suppliers | 440/4 | €0 | €48,531 | +€48,531 | |
| Taxes, remuneration and social security | 45 | €20,213 | €19,903 | -€310 | -1.5% |
| Taxes | 450/3 | €191 | €212 | +€21 | +10.9% |
| Remuneration and social security | 454/9 | €20,022 | €19,692 | -€330 | -1.7% |
| Other amounts payable | 47/48 | €44 | €44 | = | 0.0% |
| Non-recurring operating income | 76A | €747 | €5,084 | +€4,337 | +580% |
| Remuneration, social security and pensions | 62 | €118,276 | €130,030 | +€11,754 | +9.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,847 | €7,106 | +€260 | +3.8% |
| Other operating charges | 640/8 | €681 | €4,405 | +€3,724 | +547% |
| Non-recurring operating charges | 66A | - | €22 | +€22 | |
| Gross operating margin | 9900 | €102,800 | €87,031 | -€15,770 | -15.3% |
| Operating profit (loss) | 9901 | -€23,004 | -€54,533 | -€31,530 | -137% |
| Financial income | 75/76B | €8,582 | €3,786 | -€4,796 | -55.9% |
| Recurring financial income | 75 | €8,582 | €3,786 | -€4,796 | -55.9% |
| Financial charges | 65/66B | €1,026 | €1,613 | +€587 | +57.2% |
| Recurring financial charges | 65 | €1,026 | €1,613 | +€587 | +57.2% |
| Profit (loss) for the period before taxes | 9903 | -€15,447 | -€52,361 | -€36,913 | -239% |
| Income taxes | 67/77 | €201 | €212 | +€11 | +5.2% |
| Profit (loss) for the period | 9904 | -€15,649 | -€52,572 | -€36,924 | -236% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,649 | -€52,572 | -€36,924 | -236% |
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 19 October 2026 via checked.be.