SEGURIDAD: 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.
SEGURIDAD
Largest movements
- Cash -€24,082
down €24,082 (-98.5%), from €24,459 to €378
mainly Receivables within one year (-€21,764) and Tax, wage and social debts (-€20,101)
- Receivables within one year +€21,764
up €21,764 (+28.5%), from €76,341 to €98,105
of which Other amounts receivable: +€19,808
- Tangible fixed assets +€3,615
up €3,615 (+14.9%), from €24,208 to €27,822
of which Furniture and vehicles: +€10,122
- Tax, wage and social debts -€20,101
down €20,101 (-52.8%), from €38,078 to €17,977
of which Taxes: -€12,104
- Trade debts +€14,087
up €14,087 (+22.8%), from €61,843 to €75,930
- Profit (loss) carried forward +€7,311
up €7,311 (+32.9%), from €22,240 to €29,552
- Gross operating margin +€14,023
up €14,023 (+97.0%), from €14,464 to €28,487
- Staff costs +€7,766
up €7,766 (+153%), from €5,069 to €12,835
- Other operating charges +€509
new in 2025: €509
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 | €125,162 | €126,459 | +€1,297 | +1.0% |
| Fixed assets | 21/28 | €24,362 | €27,976 | +€3,615 | +14.8% |
| Tangible fixed assets | 22/27 | €24,208 | €27,822 | +€3,615 | +14.9% |
| Land and buildings | 22 | €3,891 | €2,483 | -€1,409 | -36.2% |
| Plant, machinery and equipment | 23 | €18,387 | €13,289 | -€5,099 | -27.7% |
| Furniture and vehicles | 24 | €1,929 | €12,051 | +€10,122 | +525% |
| Financial fixed assets | 28 | €154 | €154 | = | 0.0% |
| Current assets | 29/58 | €100,800 | €98,482 | -€2,318 | -2.3% |
| Amounts receivable within one year | 40/41 | €76,341 | €98,105 | +€21,764 | +28.5% |
| Trade receivables | 40 | €17,562 | €19,518 | +€1,956 | +11.1% |
| Other amounts receivable | 41 | €58,779 | €78,587 | +€19,808 | +33.7% |
| Cash at bank and in hand | 54/58 | €24,459 | €378 | -€24,082 | -98.5% |
| Total equity and liabilities | 10/49 | €125,162 | €126,459 | +€1,297 | +1.0% |
| Equity | 10/15 | €25,240 | €32,552 | +€7,311 | +29.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,240 | €29,552 | +€7,311 | +32.9% |
| Amounts payable | 17/49 | €99,922 | €93,907 | -€6,014 | -6.0% |
| Amounts payable within one year | 42/48 | €99,922 | €93,907 | -€6,014 | -6.0% |
| Trade debts | 44 | €61,843 | €75,930 | +€14,087 | +22.8% |
| Suppliers | 440/4 | €61,843 | €75,930 | +€14,087 | +22.8% |
| Taxes, remuneration and social security | 45 | €38,078 | €17,977 | -€20,101 | -52.8% |
| Taxes | 450/3 | €30,081 | €17,977 | -€12,104 | -40.2% |
| Remuneration and social security | 454/9 | €7,998 | - | -€7,998 | |
| Remuneration, social security and pensions | 62 | €5,069 | €12,835 | +€7,766 | +153% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,242 | €7,404 | +€163 | +2.2% |
| Other operating charges | 640/8 | - | €509 | +€509 | |
| Gross operating margin | 9900 | €14,464 | €28,487 | +€14,023 | +97.0% |
| Operating profit (loss) | 9901 | €2,154 | €7,739 | +€5,586 | +259% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Non-recurring financial income | 76B | €0 | - | -€0 | |
| Financial charges | 65/66B | €309 | €303 | -€6 | -1.9% |
| Recurring financial charges | 65 | €309 | €303 | -€6 | -1.9% |
| Profit (loss) for the period before taxes | 9903 | €1,845 | €7,436 | +€5,591 | +303% |
| Income taxes | 67/77 | €73 | €125 | +€51 | +70.2% |
| Profit (loss) for the period | 9904 | €1,771 | €7,311 | +€5,540 | +313% |
| Profit (loss) for the period to be appropriated | 9905 | €1,771 | €7,311 | +€5,540 | +313% |
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 21 October 2026 via checked.be.