SECUUR: 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.
SECUUR
Largest movements
- Receivables within one year -€125,938
down €125,938 (-87.2%), from €144,384 to €18,446
of which Trade receivables: -€125,229
- Tangible fixed assets +€37,149
up €37,149 (+940.7%), from €3,949 to €41,098
- Cash +€33,161
up €33,161 (+129.5%), from €25,612 to €58,773
mainly Receivables within one year (+€125,938) and Net result for the year (+€64,370)
- Deferred charges and accrued income +€1,990
up €1,990 (+267.8%), from €743 to €2,733
- Profit (loss) carried forward -€100,000
down €100,000 (-89.2%), from €112,118 to €12,118
- Reserves +€64,370
new in 2024: €64,370
- Tax, wage and social debts -€31,511
down €31,511 (-54.3%), from €58,041 to €26,530
- Other debts +€13,807
new in 2024: €13,807
- Other operating charges +€5,621
up €5,621 (+91.0%), from €6,174 to €11,795
- Gross operating margin +€4,520
up €4,520 (+4.7%), from €95,344 to €99,864
- Financial charges +€2,010
up €2,010 (+1706.8%), from €118 to €2,128
- Taxes +€1,504
up €1,504 (+7.6%), from €19,763 to €21,267
- Depreciation -€1,129
down €1,129 (-46.2%), from €2,443 to €1,314
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 | €174,688 | €121,049 | -€53,638 | -30.7% |
| Fixed assets | 21/28 | €3,949 | €41,098 | +€37,149 | +940.7% |
| Tangible fixed assets | 22/27 | €3,949 | €41,098 | +€37,149 | +940.7% |
| Furniture and vehicles | 24 | €3,949 | €41,098 | +€37,149 | +940.7% |
| Current assets | 29/58 | €170,738 | €79,951 | -€90,787 | -53.2% |
| Amounts receivable within one year | 40/41 | €144,384 | €18,446 | -€125,938 | -87.2% |
| Trade receivables | 40 | €142,486 | €17,256 | -€125,229 | -87.9% |
| Other amounts receivable | 41 | €1,898 | €1,189 | -€709 | -37.3% |
| Cash at bank and in hand | 54/58 | €25,612 | €58,773 | +€33,161 | +129.5% |
| Deferred charges and accrued income | 490/1 | €743 | €2,733 | +€1,990 | +267.8% |
| Total equity and liabilities | 10/49 | €174,688 | €121,049 | -€53,638 | -30.7% |
| Equity | 10/15 | €112,368 | €76,738 | -€35,630 | -31.7% |
| Contributions | 10/11 | €250 | €250 | = | 0.0% |
| Reserves | 13 | - | €64,370 | +€64,370 | |
| Distributable reserves | 133 | - | €64,370 | +€64,370 | |
| Profit (loss) carried forward | 14 | €112,118 | €12,118 | -€100,000 | -89.2% |
| Amounts payable | 17/49 | €62,319 | €44,311 | -€18,008 | -28.9% |
| Amounts payable within one year | 42/48 | €62,284 | €44,311 | -€17,972 | -28.9% |
| Trade debts | 44 | €4,242 | €3,974 | -€268 | -6.3% |
| Suppliers | 440/4 | €4,242 | €3,974 | -€268 | -6.3% |
| Taxes, remuneration and social security | 45 | €58,041 | €26,530 | -€31,511 | -54.3% |
| Taxes | 450/3 | €58,041 | €26,530 | -€31,511 | -54.3% |
| Other amounts payable | 47/48 | - | €13,807 | +€13,807 | |
| Accrued charges and deferred income | 492/3 | €35 | - | -€35 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,443 | €1,314 | -€1,129 | -46.2% |
| Other operating charges | 640/8 | €6,174 | €11,795 | +€5,621 | +91.0% |
| Gross operating margin | 9900 | €95,344 | €99,864 | +€4,520 | +4.7% |
| Operating profit (loss) | 9901 | €86,727 | €86,755 | +€28 | 0.0% |
| Financial income | 75/76B | €56 | €1,010 | +€954 | +1706.5% |
| Recurring financial income | 75 | €56 | €0 | -€56 | -99.4% |
| Non-recurring financial income | 76B | - | €1,010 | +€1,010 | |
| Financial charges | 65/66B | €118 | €2,128 | +€2,010 | +1706.8% |
| Recurring financial charges | 65 | €118 | €2,128 | +€2,010 | +1706.8% |
| Profit (loss) for the period before taxes | 9903 | €86,665 | €85,637 | -€1,028 | -1.2% |
| Income taxes | 67/77 | €19,763 | €21,267 | +€1,504 | +7.6% |
| Profit (loss) for the period | 9904 | €66,902 | €64,370 | -€2,532 | -3.8% |
| Profit (loss) for the period to be appropriated | 9905 | €66,902 | €64,370 | -€2,532 | -3.8% |
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 8 October 2026 via checked.be.