Security4you: 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.
Security4you
Largest movements
- Receivables within one year +€18,553
up €18,553 (+28.3%), from €65,673 to €84,226
of which Other amounts receivable: +€22,007
- Cash +€2,765
up €2,765 (+51.3%), from €5,389 to €8,154
mainly Net result for the year (+€18,860) and Tax, wage and social debts (+€8,261)
- Reserves +€45,457
up €45,457 (+2443.9%), from €1,860 to €47,317
of which Distributable reserves: +€45,457
- Profit (loss) carried forward -€26,598
no longer reported in 2024 (was €26,598)
- Tax, wage and social debts +€8,261
up €8,261 (+346.3%), from €2,385 to €10,646
- Trade debts -€5,319
down €5,319 (-21.4%), from €24,813 to €19,494
- Advances received -€1,062
down €1,062 (-94.6%), from €1,123 to €61
- Gross operating margin +€28,940
up €28,940 (+365.3%), from €7,923 to €36,863
- Taxes +€9,386
up €9,386 (+9161.7%), from €102 to €9,489
- Other operating charges +€1,418
up €1,418 (+54.3%), from €2,612 to €4,030
- Depreciation -€398
down €398 (-17.2%), from €2,317 to €1,918
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €75,524 | €96,671 | +€21,147 | +28.0% |
| Fixed assets | 21/28 | €3,663 | €2,913 | -€751 | -20.5% |
| Tangible fixed assets | 22/27 | €3,663 | €2,913 | -€751 | -20.5% |
| Plant, machinery and equipment | 23 | €1,443 | €768 | -€675 | -46.8% |
| Furniture and vehicles | 24 | €1,237 | €1,301 | +€64 | +5.2% |
| Other tangible fixed assets | 26 | €983 | €844 | -€139 | -14.2% |
| Current assets | 29/58 | €71,861 | €93,758 | +€21,897 | +30.5% |
| Amounts receivable within one year | 40/41 | €65,673 | €84,226 | +€18,553 | +28.3% |
| Trade receivables | 40 | €12,857 | €9,403 | -€3,454 | -26.9% |
| Other amounts receivable | 41 | €52,816 | €74,823 | +€22,007 | +41.7% |
| Cash at bank and in hand | 54/58 | €5,389 | €8,154 | +€2,765 | +51.3% |
| Deferred charges and accrued income | 490/1 | €798 | €1,377 | +€579 | +72.5% |
| Total equity and liabilities | 10/49 | €75,524 | €96,671 | +€21,147 | +28.0% |
| Equity | 10/15 | €47,058 | €65,917 | +€18,860 | +40.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €47,317 | +€45,457 | +2443.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | - | €45,457 | +€45,457 | |
| Profit (loss) carried forward | 14 | €26,598 | - | -€26,598 | |
| Amounts payable | 17/49 | €28,467 | €30,753 | +€2,287 | +8.0% |
| Amounts payable within one year | 42/48 | €28,467 | €30,753 | +€2,287 | +8.0% |
| Trade debts | 44 | €24,813 | €19,494 | -€5,319 | -21.4% |
| Suppliers | 440/4 | €24,813 | €19,494 | -€5,319 | -21.4% |
| Advances received on contracts in progress | 46 | €1,123 | €61 | -€1,062 | -94.6% |
| Taxes, remuneration and social security | 45 | €2,385 | €10,646 | +€8,261 | +346.3% |
| Taxes | 450/3 | €2,385 | €10,646 | +€8,261 | +346.3% |
| Other amounts payable | 47/48 | €145 | €552 | +€407 | +279.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,317 | €1,918 | -€398 | -17.2% |
| Other operating charges | 640/8 | €2,612 | €4,030 | +€1,418 | +54.3% |
| Gross operating margin | 9900 | €7,923 | €36,863 | +€28,940 | +365.3% |
| Operating profit (loss) | 9901 | €2,994 | €30,915 | +€27,921 | +932.5% |
| Financial income | 75/76B | €90 | - | -€90 | |
| Recurring financial income | 75 | €90 | - | -€90 | |
| Financial charges | 65/66B | €2,572 | €2,566 | -€5 | -0.2% |
| Recurring financial charges | 65 | €2,572 | €2,566 | -€5 | -0.2% |
| Profit (loss) for the period before taxes | 9903 | €512 | €28,348 | +€27,836 | +5433.9% |
| Income taxes | 67/77 | €102 | €9,489 | +€9,386 | +9161.7% |
| Profit (loss) for the period | 9904 | €410 | €18,860 | +€18,450 | +4502.0% |
| Profit (loss) for the period to be appropriated | 9905 | €410 | €18,860 | +€18,450 | +4502.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.