SekurIT: 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.
SekurIT
Largest movements
- Current investments +€100,000
up €100,000, from €0 to €100,000
- Cash -€92,716
down €92,716 (-68.6%), from €135,057 to €42,341
mainly Current investments (-€100,000) and Contributions, distributions and other (-€68,674)
- Receivables within one year -€32,452
down €32,452 (-43.3%), from €74,896 to €42,443
of which Trade receivables: -€32,304
- Tangible fixed assets -€8,099
down €8,099 (-38.1%), from €21,275 to €13,176
of which Furniture and vehicles: -€8,089
- Tax, wage and social debts -€23,274
down €23,274 (-80.2%), from €29,030 to €5,756
of which Taxes: -€17,071
- Other debts -€8,720
down €8,720 (-8.9%), from €98,501 to €89,782
- Gross operating margin -€23,471
down €23,471 (-19.2%), from €122,289 to €98,818
- Depreciation -€13,582
down €13,582 (-53.7%), from €25,282 to €11,699
- Financial income -€4,168
down €4,168 (-99.8%), from €4,176 to €8
- Taxes -€2,778
down €2,778 (-13.5%), from €20,590 to €17,812
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 | €231,228 | €198,077 | -€33,151 | -14.3% |
| Fixed assets | 21/28 | €21,275 | €13,176 | -€8,099 | -38.1% |
| Tangible fixed assets | 22/27 | €21,275 | €13,176 | -€8,099 | -38.1% |
| Plant, machinery and equipment | 23 | €10 | €0 | -€10 | -100% |
| Furniture and vehicles | 24 | €21,265 | €13,176 | -€8,089 | -38.0% |
| Current assets | 29/58 | €209,953 | €184,900 | -€25,052 | -11.9% |
| Amounts receivable within one year | 40/41 | €74,896 | €42,443 | -€32,452 | -43.3% |
| Trade receivables | 40 | €73,300 | €40,997 | -€32,304 | -44.1% |
| Other amounts receivable | 41 | €1,596 | €1,447 | -€149 | -9.3% |
| Current investments | 50/53 | €0 | €100,000 | +€100,000 | |
| Cash at bank and in hand | 54/58 | €135,057 | €42,341 | -€92,716 | -68.6% |
| Deferred charges and accrued income | 490/1 | - | €116 | +€116 | |
| Total equity and liabilities | 10/49 | €231,228 | €198,077 | -€33,151 | -14.3% |
| Equity | 10/15 | €101,156 | €101,156 | = | 0.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €100,156 | €100,156 | = | 0.0% |
| Distributable reserves | 133 | €100,156 | €100,156 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €130,072 | €96,920 | -€33,151 | -25.5% |
| Amounts payable within one year | 42/48 | €128,767 | €95,993 | -€32,773 | -25.5% |
| Trade debts | 44 | €1,235 | €456 | -€780 | -63.1% |
| Suppliers | 440/4 | €1,235 | €456 | -€780 | -63.1% |
| Taxes, remuneration and social security | 45 | €29,030 | €5,756 | -€23,274 | -80.2% |
| Taxes | 450/3 | €19,694 | €2,623 | -€17,071 | -86.7% |
| Remuneration and social security | 454/9 | €9,335 | €3,133 | -€6,203 | -66.4% |
| Other amounts payable | 47/48 | €98,501 | €89,782 | -€8,720 | -8.9% |
| Accrued charges and deferred income | 492/3 | €1,305 | €927 | -€378 | -29.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,282 | €11,699 | -€13,582 | -53.7% |
| Other operating charges | 640/8 | €438 | €350 | -€88 | -20.1% |
| Gross operating margin | 9900 | €122,289 | €98,818 | -€23,471 | -19.2% |
| Operating profit (loss) | 9901 | €96,569 | €86,769 | -€9,800 | -10.1% |
| Financial income | 75/76B | €4,176 | €8 | -€4,168 | -99.8% |
| Recurring financial income | 75 | €4,176 | €8 | -€4,168 | -99.8% |
| Financial charges | 65/66B | €326 | €292 | -€34 | -10.4% |
| Recurring financial charges | 65 | €326 | €292 | -€34 | -10.4% |
| Profit (loss) for the period before taxes | 9903 | €100,420 | €86,485 | -€13,934 | -13.9% |
| Income taxes | 67/77 | €20,590 | €17,812 | -€2,778 | -13.5% |
| Profit (loss) for the period | 9904 | €79,830 | €68,674 | -€11,156 | -14.0% |
| Profit (loss) for the period to be appropriated | 9905 | €79,830 | €68,674 | -€11,156 | -14.0% |
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 16 October 2026 via checked.be.