SICURANT: 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.
What changed
SICURANT
NACE 71.121, Engineering and related technical consultancy, excluding land surveyors
financial year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€427,257
2024 · €275,219+€152,038
Equity
€1.6m
2024 · €1.6m
Cash
€3.2m
2024 · €3.1m+€113,114
Balance sheet total
€35.4m
2024 · €35.9m-€469,982
Largest movements
Assets
- Receivables after one year -€1.4m
down €1.4m (-6.4%), from €21.6m to €20.3m
- Receivables within one year +€1.3m
up €1.3m (+26.1%), from €5.1m to €6.5m
of which Trade receivables: +€1.4m
- Deferred charges and accrued income -€533,857
down €533,857 (-8.8%), from €6.1m to €5.5m
Equity and liabilities
- Debts after one year -€2.0m
down €2.0m (-7.2%), from €27.7m to €25.7m
- Trade debts +€1.4m
up €1.4m (+49.2%), from €2.8m to €4.1m
Income statement
- Goods and materials -€2.9m
down €2.9m (-20.4%), from €14.2m to €11.3m
- Turnover -€2.4m
down €2.4m (-16.9%), from €14.3m to €11.9m
- Services and other goods +€267,482
up €267,482 (+112.4%), from €237,883 to €505,365
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.
Result 2024
€275,219
Turnover
-€2.4m
Other operating income
+€19,758
Goods and materials
+€2.9m
Services and other goods
-€267,482
Other operating charges
-€156
Financial income
-€91,009
Financial charges
+€51,037
Taxes
-€50,679
Result 2025
€427,257
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.
From operations
+€2.4m
Investment
€0
Financing
-€2.3m
Cash 2024
€3.1m
From operations (derived)
+€2.4m
Net result for the year
+€427,257
Receivables after one year
+€1.4m
Receivables within one year
-€1.3m
Deferred charges and accrued income
+€533,857
Trade debts
+€1.4m
Tax, wage and social debts
+€2,419
Other debts
+€152,038
Accrued charges and deferred income
-€143,294
Financing
-€2.3m
Debts after one year
-€2.0m
Current portion of long-term debt
+€165,617
Contributions, distributions and other
-€427,257
Cash 2025
€3.2m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €35,916,354 | €35,446,372 | -€469,982 | -1.3% |
| Current assets | 29/58 | €35,916,354 | €35,446,372 | -€469,982 | -1.3% |
| Amounts receivable after more than one year | 29 | €21,645,607 | €20,257,655 | -€1.4m | -6.4% |
| Trade receivables | 290 | €21,645,607 | €20,257,655 | -€1.4m | -6.4% |
| Amounts receivable within one year | 40/41 | €5,131,563 | €6,470,276 | +€1.3m | +26.1% |
| Trade receivables | 40 | €3,689,593 | €5,068,113 | +€1.4m | +37.4% |
| Other amounts receivable | 41 | €1,441,969 | €1,402,163 | -€39,806 | -2.8% |
| Cash at bank and in hand | 54/58 | €3,055,736 | €3,168,851 | +€113,114 | +3.7% |
| Deferred charges and accrued income | 490/1 | €6,083,447 | €5,549,591 | -€533,857 | -8.8% |
| Total equity and liabilities | 10/49 | €35,916,354 | €35,446,372 | -€469,982 | -1.3% |
| Equity | 10/15 | €1,639,703 | €1,639,703 | = | 0.0% |
| Contributions | 10/11 | €1,490,639 | €1,490,639 | = | 0.0% |
| Capital | 10 | €1,490,639 | €1,490,639 | = | 0.0% |
| Issued capital | 100 | €1,490,639 | €1,490,639 | = | 0.0% |
| Reserves | 13 | €149,064 | €149,064 | = | 0.0% |
| Non-distributable reserves | 130/1 | €149,064 | €149,064 | = | 0.0% |
| Legal reserve | 130 | €149,064 | €149,064 | = | 0.0% |
| Amounts payable | 17/49 | €34,276,651 | €33,806,669 | -€469,982 | -1.4% |
| Amounts payable after more than one year | 17 | €27,657,516 | €25,653,087 | -€2.0m | -7.2% |
| Financial debts | 170/4 | €27,657,516 | €25,653,087 | -€2.0m | -7.2% |
| Credit institutions | 173 | €26,696,921 | €24,822,850 | -€1.9m | -7.0% |
| Other loans | 174 | €960,595 | €830,237 | -€130,358 | -13.6% |
| Amounts payable within one year | 42/48 | €4,741,137 | €6,418,878 | +€1.7m | +35.4% |
| Current portion of amounts payable after more than one year | 42 | €1,708,454 | €1,874,071 | +€165,617 | +9.7% |
| Trade debts | 44 | €2,757,464 | €4,115,131 | +€1.4m | +49.2% |
| Suppliers | 440/4 | €2,757,464 | €4,115,131 | +€1.4m | +49.2% |
| Taxes, remuneration and social security | 45 | - | €2,419 | +€2,419 | |
| Taxes | 450/3 | - | €2,419 | +€2,419 | |
| Other amounts payable | 47/48 | €275,219 | €427,257 | +€152,038 | +55.2% |
| Accrued charges and deferred income | 492/3 | €1,877,998 | €1,734,704 | -€143,294 | -7.6% |
| Operating income | 70/76A | €14,269,383 | €11,881,401 | -€2.4m | -16.7% |
| Turnover | 70 | €14,269,383 | €11,861,642 | -€2.4m | -16.9% |
| Other operating income | 74 | - | €19,758 | +€19,758 | |
| Operating charges | 60/66A | €14,426,565 | €11,795,894 | -€2.6m | -18.2% |
| Goods for resale, raw materials and consumables | 60 | €14,187,676 | €11,289,367 | -€2.9m | -20.4% |
| Purchases | 600/8 | €14,187,676 | €11,289,367 | -€2.9m | -20.4% |
| Services and other goods | 61 | €237,883 | €505,365 | +€267,482 | +112.4% |
| Other operating charges | 640/8 | €1,006 | €1,162 | +€156 | +15.5% |
| Operating profit (loss) | 9901 | -€157,182 | €85,507 | +€242,689 | |
| Financial income | 75/76B | €1,708,167 | €1,617,158 | -€91,009 | -5.3% |
| Recurring financial income | 75 | €1,708,167 | €1,617,158 | -€91,009 | -5.3% |
| Income from financial fixed assets | 750 | €1,708,167 | €1,617,158 | -€91,009 | -5.3% |
| Financial charges | 65/66B | €1,184,026 | €1,132,989 | -€51,037 | -4.3% |
| Recurring financial charges | 65 | €1,184,026 | €1,132,989 | -€51,037 | -4.3% |
| Debt charges | 650 | €1,162,068 | €1,110,302 | -€51,766 | -4.5% |
| Other financial charges | 652/9 | €21,958 | €22,687 | +€728 | +3.3% |
| Profit (loss) for the period before taxes | 9903 | €366,958 | €569,676 | +€202,718 | +55.2% |
| Income taxes | 67/77 | €91,740 | €142,419 | +€50,679 | +55.2% |
| Taxes | 670/3 | €91,740 | €142,419 | +€50,679 | +55.2% |
| Profit (loss) for the period | 9904 | €275,219 | €427,257 | +€152,038 | +55.2% |
| Profit (loss) for the period to be appropriated | 9905 | €275,219 | €427,257 | +€152,038 | +55.2% |
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 11 October 2026 via checked.be.