Security4Biz: 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.
Security4Biz
Largest movements
- Cash -€26,637
down €26,637 (-64.8%), from €41,121 to €14,484
mainly Receivables within one year (-€23,499) and Tax, wage and social debts (-€10,762)
- Receivables within one year +€23,499
up €23,499 (+82.6%), from €28,460 to €51,959
of which Other amounts receivable: +€35,357
- Tangible fixed assets -€12,389
down €12,389 (-10.1%), from €123,061 to €110,671
- Current investments +€7,100
up €7,100 (+1.8%), from €391,759 to €398,859
- Tax, wage and social debts -€10,762
down €10,762 (-76.0%), from €14,165 to €3,403
- Gross operating margin -€16,391
down €16,391 (-64.9%), from €25,273 to €8,882
- Financial income +€8,515
up €8,515 (+97.7%), from €8,715 to €17,230
- Taxes -€2,218
down €2,218 (-50.9%), from €4,356 to €2,138
- Depreciation +€679
up €679 (+3.8%), from €17,810 to €18,489
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 | €585,974 | €577,540 | -€8,434 | -1.4% |
| Fixed assets | 21/28 | €123,061 | €110,671 | -€12,389 | -10.1% |
| Tangible fixed assets | 22/27 | €123,061 | €110,671 | -€12,389 | -10.1% |
| Land and buildings | 22 | €69,669 | €66,038 | -€3,631 | -5.2% |
| Plant, machinery and equipment | 23 | €41,654 | €37,873 | -€3,781 | -9.1% |
| Furniture and vehicles | 24 | €11,737 | €6,760 | -€4,978 | -42.4% |
| Current assets | 29/58 | €462,913 | €466,869 | +€3,955 | +0.9% |
| Amounts receivable within one year | 40/41 | €28,460 | €51,959 | +€23,499 | +82.6% |
| Trade receivables | 40 | €13,552 | €1,694 | -€11,858 | -87.5% |
| Other amounts receivable | 41 | €14,908 | €50,265 | +€35,357 | +237% |
| Current investments | 50/53 | €391,759 | €398,859 | +€7,100 | +1.8% |
| Cash at bank and in hand | 54/58 | €41,121 | €14,484 | -€26,637 | -64.8% |
| Deferred charges and accrued income | 490/1 | €1,572 | €1,566 | -€7 | -0.4% |
| Total equity and liabilities | 10/49 | €585,974 | €577,540 | -€8,434 | -1.4% |
| Equity | 10/15 | €570,322 | €572,444 | +€2,122 | +0.4% |
| Contributions | 10/11 | €6,860 | €6,860 | = | 0.0% |
| Reserves | 13 | €554,898 | €557,021 | +€2,122 | +0.4% |
| Distributable reserves | 133 | €554,898 | €557,021 | +€2,122 | +0.4% |
| Profit (loss) carried forward | 14 | €8,563 | €8,563 | = | 0.0% |
| Amounts payable | 17/49 | €15,653 | €5,096 | -€10,557 | -67.4% |
| Amounts payable within one year | 42/48 | €15,653 | €5,096 | -€10,557 | -67.4% |
| Financial debts | 43 | €159 | €34 | -€125 | -78.9% |
| Credit institutions | 430/8 | €159 | €34 | -€125 | -78.9% |
| Trade debts | 44 | €1,329 | €1,660 | +€331 | +24.9% |
| Suppliers | 440/4 | €1,329 | €1,660 | +€331 | +24.9% |
| Taxes, remuneration and social security | 45 | €14,165 | €3,403 | -€10,762 | -76.0% |
| Taxes | 450/3 | €14,165 | €3,403 | -€10,762 | -76.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,810 | €18,489 | +€679 | +3.8% |
| Other operating charges | 640/8 | €3,189 | €3,314 | +€125 | +3.9% |
| Gross operating margin | 9900 | €25,273 | €8,882 | -€16,391 | -64.9% |
| Operating profit (loss) | 9901 | €4,274 | -€12,921 | -€17,195 | |
| Financial income | 75/76B | €8,715 | €17,230 | +€8,515 | +97.7% |
| Recurring financial income | 75 | €8,715 | €17,230 | +€8,515 | +97.7% |
| Financial charges | 65/66B | €69 | €48 | -€22 | -31.0% |
| Recurring financial charges | 65 | €69 | €48 | -€22 | -31.0% |
| Profit (loss) for the period before taxes | 9903 | €12,919 | €4,261 | -€8,659 | -67.0% |
| Income taxes | 67/77 | €4,356 | €2,138 | -€2,218 | -50.9% |
| Profit (loss) for the period | 9904 | €8,563 | €2,122 | -€6,441 | -75.2% |
| Profit (loss) for the period to be appropriated | 9905 | €8,563 | €2,122 | -€6,441 | -75.2% |
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 28 October 2026 via checked.be.