SECUTRIBE: 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.
SECUTRIBE
Largest movements
- Receivables within one year +€44,928
up €44,928 (+69.4%), from €64,711 to €109,640
of which Other amounts receivable: +€44,065
- Cash +€13,140
up €13,140 (+66.2%), from €19,840 to €32,981
mainly Net result for the year (+€71,484) and Tax, wage and social debts (+€12,181)
- Deferred charges and accrued income +€3,794
up €3,794 (+210.3%), from €1,804 to €5,598
- Reserves +€51,484
up €51,484 (+84.6%), from €60,842 to €112,327
- Tax, wage and social debts +€12,181
up €12,181 (+63.6%), from €19,162 to €31,344
- Gross operating margin +€13,256
up €13,256 (+15.7%), from €84,534 to €97,790
- Taxes +€3,134
up €3,134 (+13.3%), from €23,508 to €26,641
- Financial income +€2,712
up €2,712 (+186.3%), from €1,455 to €4,167
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 | €90,369 | €153,596 | +€63,227 | +70.0% |
| Fixed assets | 21/28 | €4,013 | €5,377 | +€1,364 | +34.0% |
| Tangible fixed assets | 22/27 | €3,923 | €5,287 | +€1,364 | +34.8% |
| Furniture and vehicles | 24 | €3,923 | €4,317 | +€394 | +10.0% |
| Other tangible fixed assets | 26 | - | €970 | +€970 | |
| Financial fixed assets | 28 | €90 | €90 | = | 0.0% |
| Current assets | 29/58 | €86,356 | €148,219 | +€61,863 | +71.6% |
| Amounts receivable within one year | 40/41 | €64,711 | €109,640 | +€44,928 | +69.4% |
| Trade receivables | 40 | €18,429 | €19,292 | +€863 | +4.7% |
| Other amounts receivable | 41 | €46,282 | €90,348 | +€44,065 | +95.2% |
| Current investments | 50/53 | €0 | €0 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €19,840 | €32,981 | +€13,140 | +66.2% |
| Deferred charges and accrued income | 490/1 | €1,804 | €5,598 | +€3,794 | +210.3% |
| Total equity and liabilities | 10/49 | €90,369 | €153,596 | +€63,227 | +70.0% |
| Equity | 10/15 | €70,768 | €122,252 | +€51,484 | +72.8% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €60,842 | €112,327 | +€51,484 | +84.6% |
| Distributable reserves | 133 | €60,842 | €112,327 | +€51,484 | +84.6% |
| Profit (loss) carried forward | 14 | €3,728 | €3,728 | = | 0.0% |
| Amounts payable | 17/49 | €19,601 | €31,344 | +€11,743 | +59.9% |
| Amounts payable within one year | 42/48 | €19,601 | €31,344 | +€11,743 | +59.9% |
| Trade debts | 44 | €439 | - | -€439 | |
| Suppliers | 440/4 | €439 | - | -€439 | |
| Taxes, remuneration and social security | 45 | €19,162 | €31,344 | +€12,181 | +63.6% |
| Taxes | 450/3 | €19,162 | €31,344 | +€12,181 | +63.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,486 | €2,141 | +€656 | +44.1% |
| Other operating charges | 640/8 | €1,121 | €746 | -€375 | -33.4% |
| Gross operating margin | 9900 | €84,534 | €97,790 | +€13,256 | +15.7% |
| Operating profit (loss) | 9901 | €81,927 | €94,902 | +€12,975 | +15.8% |
| Financial income | 75/76B | €1,455 | €4,167 | +€2,712 | +186.3% |
| Recurring financial income | 75 | €1,455 | €4,167 | +€2,712 | +186.3% |
| Financial charges | 65/66B | €892 | €943 | +€52 | +5.8% |
| Recurring financial charges | 65 | €892 | €943 | +€52 | +5.8% |
| Profit (loss) for the period before taxes | 9903 | €82,491 | €98,126 | +€15,635 | +19.0% |
| Income taxes | 67/77 | €23,508 | €26,641 | +€3,134 | +13.3% |
| Profit (loss) for the period | 9904 | €58,983 | €71,484 | +€12,501 | +21.2% |
| Profit (loss) for the period to be appropriated | 9905 | €58,983 | €71,484 | +€12,501 | +21.2% |
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 5 October 2026 via checked.be.