Security IT2OT: 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.
Security IT2OT
Largest movements
- Cash -€75,760
down €75,760 (-36.6%), from €207,163 to €131,403
mainly Tax, wage and social debts (-€68,904) and Net result for the year (-€51,665)
- Tangible fixed assets +€10,074
up €10,074 (+1399.6%), from €720 to €10,794
- Receivables within one year -€6,258
down €6,258 (-15.6%), from €40,158 to €33,900
of which Other amounts receivable: -€7,576
- Tax, wage and social debts -€68,904
down €68,904 (-84.0%), from €82,037 to €13,132
of which Taxes: -€61,404
- Profit (loss) carried forward -€51,665
down €51,665, from €198 to -€51,468
- Other debts +€44,711
up €44,711 (+2120.9%), from €2,108 to €46,819
- Trade debts +€3,303
up €3,303 (+177.8%), from €1,857 to €5,160
- Gross operating margin -€10,415
down €10,415, from €4,752 to -€5,663
- Taxes -€1,444
down €1,444 (-95.1%), from €1,519 to €75
- Depreciation +€586
up €586 (+172.6%), from €340 to €926
- Other operating charges +€206
up €206 (+18.3%), from €1,126 to €1,332
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 | €248,796 | €177,208 | -€71,588 | -28.8% |
| Fixed assets | 21/28 | €720 | €10,794 | +€10,074 | +1399.6% |
| Tangible fixed assets | 22/27 | €720 | €10,794 | +€10,074 | +1399.6% |
| Furniture and vehicles | 24 | €720 | €10,794 | +€10,074 | +1399.6% |
| Current assets | 29/58 | €248,076 | €166,414 | -€81,663 | -32.9% |
| Amounts receivable within one year | 40/41 | €40,158 | €33,900 | -€6,258 | -15.6% |
| Trade receivables | 40 | €32,582 | €33,900 | +€1,318 | +4.0% |
| Other amounts receivable | 41 | €7,576 | - | -€7,576 | |
| Cash at bank and in hand | 54/58 | €207,163 | €131,403 | -€75,760 | -36.6% |
| Deferred charges and accrued income | 490/1 | €755 | €1,111 | +€355 | +47.0% |
| Total equity and liabilities | 10/49 | €248,796 | €177,208 | -€71,588 | -28.8% |
| Equity | 10/15 | €160,698 | €109,032 | -€51,665 | -32.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €157,500 | €157,500 | = | 0.0% |
| Distributable reserves | 133 | €157,500 | €157,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €198 | -€51,468 | -€51,665 | |
| Amounts payable | 17/49 | €88,098 | €68,175 | -€19,923 | -22.6% |
| Amounts payable within one year | 42/48 | €88,098 | €68,175 | -€19,923 | -22.6% |
| Financial debts | 43 | €2,096 | €3,064 | +€968 | +46.2% |
| Credit institutions | 430/8 | €2,096 | €3,064 | +€968 | +46.2% |
| Trade debts | 44 | €1,857 | €5,160 | +€3,303 | +177.8% |
| Suppliers | 440/4 | €1,857 | €5,160 | +€3,303 | +177.8% |
| Taxes, remuneration and social security | 45 | €82,037 | €13,132 | -€68,904 | -84.0% |
| Taxes | 450/3 | €69,537 | €8,132 | -€61,404 | -88.3% |
| Remuneration and social security | 454/9 | €12,500 | €5,000 | -€7,500 | -60.0% |
| Other amounts payable | 47/48 | €2,108 | €46,819 | +€44,711 | +2120.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €340 | €926 | +€586 | +172.6% |
| Other operating charges | 640/8 | €1,126 | €1,332 | +€206 | +18.3% |
| Non-recurring operating charges | 66A | - | €43,509 | +€43,509 | |
| Gross operating margin | 9900 | €4,752 | -€5,663 | -€10,415 | |
| Operating profit (loss) | 9901 | €3,286 | -€51,429 | -€54,716 | |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €180 | €162 | -€18 | -9.9% |
| Recurring financial charges | 65 | €180 | €162 | -€18 | -9.9% |
| Profit (loss) for the period before taxes | 9903 | €3,107 | -€51,591 | -€54,697 | |
| Income taxes | 67/77 | €1,519 | €75 | -€1,444 | -95.1% |
| Profit (loss) for the period | 9904 | €1,588 | -€51,665 | -€53,253 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,588 | -€51,665 | -€53,253 |
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.