Securius: 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.
Securius
Largest movements
- Cash -€68,547
down €68,547 (-43.9%), from €156,005 to €87,458
mainly Investment in fixed assets (net) (-€65,023) and Tax, wage and social debts (-€60,052)
- Current investments +€20,892
up €20,892 (+5.9%), from €356,758 to €377,650
- Tangible fixed assets +€15,258
up €15,258 (+3.5%), from €430,159 to €445,417
of which Land and buildings: +€21,959
- Profit (loss) carried forward +€83,027
up €83,027 (+26.4%), from €314,321 to €397,348
- Tax, wage and social debts -€60,052
down €60,052 (-91.4%), from €65,715 to €5,663
- Current portion of long-term debt -€37,535
down €37,535 (-56.4%), from €66,597 to €29,062
- Debts after one year -€29,063
down €29,063 (-48.8%), from €59,602 to €30,539
- Taxes -€30,473
down €30,473 (-79.6%), from €38,287 to €7,814
- Purchases and services +€17,592
up €17,592 (+33.7%), from €52,190 to €69,782
- Turnover +€9,816
up €9,816 (+3.7%), from €263,151 to €272,967
- Gross operating margin -€9,486
down €9,486 (-4.4%), from €215,233 to €205,747
- Staff costs -€3,236
down €3,236 (-5.1%), from €63,067 to €59,831
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 | €955,518 | €919,830 | -€35,688 | -3.7% |
| Fixed assets | 21/28 | €434,790 | €454,226 | +€19,436 | +4.5% |
| Tangible fixed assets | 22/27 | €430,159 | €445,417 | +€15,258 | +3.5% |
| Land and buildings | 22 | €408,302 | €430,261 | +€21,959 | +5.4% |
| Furniture and vehicles | 24 | €21,857 | €15,156 | -€6,701 | -30.7% |
| Financial fixed assets | 28 | €4,631 | €8,809 | +€4,178 | +90.2% |
| Current assets | 29/58 | €520,728 | €465,604 | -€55,124 | -10.6% |
| Amounts receivable within one year | 40/41 | €7,965 | €496 | -€7,469 | -93.8% |
| Other amounts receivable | 41 | €7,965 | €496 | -€7,469 | -93.8% |
| Current investments | 50/53 | €356,758 | €377,650 | +€20,892 | +5.9% |
| Cash at bank and in hand | 54/58 | €156,005 | €87,458 | -€68,547 | -43.9% |
| Total equity and liabilities | 10/49 | €955,518 | €919,830 | -€35,688 | -3.7% |
| Equity | 10/15 | €734,781 | €817,808 | +€83,027 | +11.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Contributions outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €401,860 | €401,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €401,860 | €401,860 | = | 0.0% |
| Other | 1319 | €401,860 | €401,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €314,321 | €397,348 | +€83,027 | +26.4% |
| Amounts payable | 17/49 | €220,737 | €102,022 | -€118,715 | -53.8% |
| Amounts payable after more than one year | 17 | €59,602 | €30,539 | -€29,063 | -48.8% |
| Financial debts | 170/4 | €59,602 | €30,539 | -€29,063 | -48.8% |
| Amounts payable within one year | 42/48 | €161,135 | €71,483 | -€89,652 | -55.6% |
| Current portion of amounts payable after more than one year | 42 | €66,597 | €29,062 | -€37,535 | -56.4% |
| Trade debts | 44 | €15,772 | €23,441 | +€7,669 | +48.6% |
| Suppliers | 440/4 | €15,772 | €23,441 | +€7,669 | +48.6% |
| Taxes, remuneration and social security | 45 | €65,715 | €5,663 | -€60,052 | -91.4% |
| Taxes | 450/3 | €65,715 | €5,663 | -€60,052 | -91.4% |
| Other amounts payable | 47/48 | €13,051 | €13,317 | +€266 | +2.0% |
| Turnover | 70 | €263,151 | €272,967 | +€9,816 | +3.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €52,190 | €69,782 | +€17,592 | +33.7% |
| Remuneration, social security and pensions | 62 | €63,067 | €59,831 | -€3,236 | -5.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €45,142 | €45,587 | +€445 | +1.0% |
| Other operating charges | 640/8 | €2,745 | €1,306 | -€1,439 | -52.4% |
| Gross operating margin | 9900 | €215,233 | €205,747 | -€9,486 | -4.4% |
| Operating profit (loss) | 9901 | €104,279 | €99,023 | -€5,256 | -5.0% |
| Financial income | 75/76B | €262 | - | -€262 | |
| Recurring financial income | 75 | €262 | - | -€262 | |
| Financial charges | 65/66B | €5,608 | €8,182 | +€2,574 | +45.9% |
| Recurring financial charges | 65 | €3,657 | €8,182 | +€4,525 | +124% |
| Non-recurring financial charges | 66B | €1,951 | - | -€1,951 | |
| Profit (loss) for the period before taxes | 9903 | €98,933 | €90,841 | -€8,092 | -8.2% |
| Income taxes | 67/77 | €38,287 | €7,814 | -€30,473 | -79.6% |
| Profit (loss) for the period | 9904 | €60,646 | €83,027 | +€22,381 | +36.9% |
| Profit (loss) for the period to be appropriated | 9905 | €60,646 | €83,027 | +€22,381 | +36.9% |
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 27 October 2026 via checked.be.