SEKURIET: what changed
SEKURIET
Largest movements
- Current investments -€532,289
down €532,289 (-100%), from €532,289 to €0
- Receivables within one year +€222,939
up €222,939 (+473%), from €47,093 to €270,032
of which Other amounts receivable: +€250,196
- Tangible fixed assets -€62,354
down €62,354 (-75.7%), from €82,375 to €20,021
of which Furniture and vehicles: -€42,451
- Cash -€41,131
down €41,131 (-87.8%), from €46,846 to €5,714
mainly Contributions, distributions and other (-€373,807) and Receivables within one year (-€222,939)
- Stocks and contracts -€26,538
down €26,538 (-100%), from €26,538 to €0
- Reserves -€350,807
down €350,807 (-55.1%), from €637,000 to €286,193
- Other debts -€55,000
down €55,000 (-100%), from €55,000 to €0
- Tax, wage and social debts -€24,447
down €24,447 (-96.2%), from €25,419 to €972
- Provisions -€11,649
down €11,649 (-100%), from €11,649 to €0
- Gross operating margin -€211,351
down €211,351 (-84.0%), from €251,699 to €40,347
- Taxes -€43,726
down €43,726 (-84.9%), from €51,489 to €7,764
- Financial income -€19,914
down €19,914 (-83.0%), from €24,003 to €4,089
of which Financial income: -€19,914
- Depreciation -€14,194
down €14,194 (-41.2%), from €34,426 to €20,232
- Provisions -€8,201
down €8,201 (-238%), from -€3,449 to -€11,649
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €737,864 | €296,389 | -€441,475 | -59.8% |
| Fixed assets | 21/28 | €82,425 | €20,071 | -€62,354 | -75.6% |
| Tangible fixed assets | 22/27 | €82,375 | €20,021 | -€62,354 | -75.7% |
| Land and buildings | 22 | €39,806 | €19,903 | -€19,903 | -50.0% |
| Furniture and vehicles | 24 | €42,569 | €118 | -€42,451 | -99.7% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €655,439 | €276,318 | -€379,121 | -57.8% |
| Stocks and contracts in progress | 3 | €26,538 | €0 | -€26,538 | -100% |
| Stocks | 30/36 | €26,538 | €0 | -€26,538 | -100% |
| Amounts receivable within one year | 40/41 | €47,093 | €270,032 | +€222,939 | +473% |
| Trade receivables | 40 | €35,669 | €8,411 | -€27,258 | -76.4% |
| Other amounts receivable | 41 | €11,424 | €261,621 | +€250,196 | +2,190% |
| Current investments | 50/53 | €532,289 | €0 | -€532,289 | -100% |
| Cash at bank and in hand | 54/58 | €46,846 | €5,714 | -€41,131 | -87.8% |
| Deferred charges and accrued income | 490/1 | €2,673 | €572 | -€2,101 | -78.6% |
| Total equity and liabilities | 10/49 | €737,864 | €296,389 | -€441,475 | -59.8% |
| Equity | 10/15 | €643,666 | €292,779 | -€350,887 | -54.5% |
| Contributions | 10/11 | €6,408 | €6,408 | = | 0.0% |
| Reserves | 13 | €637,000 | €286,193 | -€350,807 | -55.1% |
| Distributable reserves | 133 | €637,000 | €286,193 | -€350,807 | -55.1% |
| Profit (loss) carried forward | 14 | €258 | €178 | -€80 | -30.9% |
| Provisions and deferred taxes | 16 | €11,649 | €0 | -€11,649 | -100% |
| Provisions for liabilities and charges | 160/5 | €11,649 | €0 | -€11,649 | -100% |
| Other liabilities and charges | 164/5 | €11,649 | €0 | -€11,649 | -100% |
| Amounts payable | 17/49 | €82,549 | €3,610 | -€78,939 | -95.6% |
| Amounts payable within one year | 42/48 | €82,549 | €3,482 | -€79,067 | -95.8% |
| Trade debts | 44 | €2,129 | €2,010 | -€120 | -5.6% |
| Suppliers | 440/4 | €2,129 | €2,010 | -€120 | -5.6% |
| Advances received on contracts in progress | 46 | €0 | €500 | +€500 | |
| Taxes, remuneration and social security | 45 | €25,419 | €972 | -€24,447 | -96.2% |
| Taxes | 450/3 | €25,419 | €972 | -€24,447 | -96.2% |
| Other amounts payable | 47/48 | €55,000 | €0 | -€55,000 | -100% |
| Accrued charges and deferred income | 492/3 | - | €128 | +€128 | |
| Remuneration, social security and pensions | 62 | -€295 | €0 | +€295 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €34,426 | €20,232 | -€14,194 | -41.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | €904 | +€904 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€3,449 | -€11,649 | -€8,201 | -238% |
| Other operating charges | 640/8 | €3,102 | €3,254 | +€152 | +4.9% |
| Gross operating margin | 9900 | €251,699 | €40,347 | -€211,351 | -84.0% |
| Operating profit (loss) | 9901 | €217,913 | €27,607 | -€190,306 | -87.3% |
| Financial income | 75/76B | €24,003 | €4,089 | -€19,914 | -83.0% |
| Recurring financial income | 75 | €24,003 | €4,089 | -€19,914 | -83.0% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €237 | €1,012 | +€775 | +327% |
| Recurring financial charges | 65 | €237 | €1,012 | +€775 | +327% |
| Profit (loss) for the period before taxes | 9903 | €241,679 | €30,684 | -€210,995 | -87.3% |
| Income taxes | 67/77 | €51,489 | €7,764 | -€43,726 | -84.9% |
| Profit (loss) for the period | 9904 | €190,190 | €22,920 | -€167,269 | -87.9% |
| Profit (loss) for the period to be appropriated | 9905 | €190,190 | €22,920 | -€167,269 | -87.9% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.