Securityland Systems: 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.
Securityland Systems
Largest movements
- Receivables within one year +€25,616
up €25,616 (+84.5%), from €30,318 to €55,934
of which Trade receivables: +€16,231
- Trade debts +€17,316
up €17,316 (+146.6%), from €11,808 to €29,124
- Reserves +€5,108
up €5,108 (+37.1%), from €13,763 to €18,871
of which Distributable reserves: +€6,968
- Tax, wage and social debts +€2,214
new in 2023: €2,214
- Gross operating margin +€11,059
up €11,059, from -€4,233 to €6,826
- Depreciation -€1,588
down €1,588 (-89.1%), from €1,782 to €193
- Other operating charges +€500
up €500 (+62.9%), from €795 to €1,296
- Financial income -€277
down €277 (-90.1%), from €307 to €30
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €44,203 | €68,840 | +€24,638 | +55.7% |
| Formation expenses | 20 | €0 | - | -€0 | |
| Fixed assets | 21/28 | €220 | €27 | -€193 | -87.7% |
| Intangible fixed assets | 21 | €220 | €27 | -€193 | -87.7% |
| Current assets | 29/58 | €43,982 | €68,813 | +€24,831 | +56.5% |
| Stocks and contracts in progress | 3 | €6,273 | €5,626 | -€647 | -10.3% |
| Stocks | 30/36 | €6,273 | €5,626 | -€647 | -10.3% |
| Amounts receivable within one year | 40/41 | €30,318 | €55,934 | +€25,616 | +84.5% |
| Trade receivables | 40 | €4,700 | €20,931 | +€16,231 | +345.3% |
| Other amounts receivable | 41 | €25,618 | €35,003 | +€9,385 | +36.6% |
| Cash at bank and in hand | 54/58 | €7,391 | €7,254 | -€138 | -1.9% |
| Total equity and liabilities | 10/49 | €44,203 | €68,840 | +€24,638 | +55.7% |
| Equity | 10/15 | €32,363 | €37,471 | +€5,108 | +15.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €13,763 | €18,871 | +€5,108 | +37.1% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €11,903 | €18,871 | +€6,968 | +58.5% |
| Amounts payable | 17/49 | €11,840 | €31,370 | +€19,530 | +165.0% |
| Amounts payable within one year | 42/48 | €11,840 | €31,370 | +€19,530 | +165.0% |
| Trade debts | 44 | €11,808 | €29,124 | +€17,316 | +146.6% |
| Suppliers | 440/4 | €11,808 | €29,124 | +€17,316 | +146.6% |
| Taxes, remuneration and social security | 45 | - | €2,214 | +€2,214 | |
| Taxes | 450/3 | - | €2,214 | +€2,214 | |
| Other amounts payable | 47/48 | €32 | €32 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,782 | €193 | -€1,588 | -89.1% |
| Other operating charges | 640/8 | €795 | €1,296 | +€500 | +62.9% |
| Gross operating margin | 9900 | -€4,233 | €6,826 | +€11,059 | |
| Operating profit (loss) | 9901 | -€6,810 | €5,338 | +€12,147 | |
| Financial income | 75/76B | €307 | €30 | -€277 | -90.1% |
| Recurring financial income | 75 | €307 | €30 | -€277 | -90.1% |
| Financial charges | 65/66B | €257 | €260 | +€4 | +1.4% |
| Recurring financial charges | 65 | €257 | €260 | +€4 | +1.4% |
| Profit (loss) for the period before taxes | 9903 | -€6,759 | €5,108 | +€11,867 | |
| Profit (loss) for the period | 9904 | -€6,759 | €5,108 | +€11,867 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,759 | €5,108 | +€11,867 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.