SKBA-Security: 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.
SKBA-Security
Largest movements
- Receivables within one year +€39,009
up €39,009 (+121%), from €32,153 to €71,162
of which Other amounts receivable: +€26,928
- Cash -€10,583
down €10,583 (-96.3%), from €10,986 to €404
mainly Receivables within one year (-€39,009) and Trade debts (-€14,922)
- Advances received +€32,906
new in 2025: €32,906
- Trade debts -€14,922
down €14,922 (-37.8%), from €39,500 to €24,578
- Profit (loss) carried forward +€6,925
up €6,925, from -€284 to €6,641
- Tax, wage and social debts +€3,134
new in 2025: €3,134
- Gross operating margin +€3,859
up €3,859 (+63.5%), from €6,076 to €9,935
- Taxes +€2,560
new in 2025: €2,560
- Other operating charges +€200
up €200 (+200%), from €100 to €300
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 | €43,139 | €71,566 | +€28,426 | +65.9% |
| Current assets | 29/58 | €43,139 | €71,566 | +€28,426 | +65.9% |
| Amounts receivable within one year | 40/41 | €32,153 | €71,162 | +€39,009 | +121% |
| Trade receivables | 40 | €31,495 | €43,576 | +€12,081 | +38.4% |
| Other amounts receivable | 41 | €658 | €27,586 | +€26,928 | +4,092% |
| Cash at bank and in hand | 54/58 | €10,986 | €404 | -€10,583 | -96.3% |
| Total equity and liabilities | 10/49 | €43,139 | €71,566 | +€28,426 | +65.9% |
| Equity | 10/15 | €2,716 | €9,641 | +€6,925 | +255% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€284 | €6,641 | +€6,925 | |
| Amounts payable | 17/49 | €40,423 | €61,925 | +€21,501 | +53.2% |
| Amounts payable within one year | 42/48 | €40,423 | €61,925 | +€21,501 | +53.2% |
| Trade debts | 44 | €39,500 | €24,578 | -€14,922 | -37.8% |
| Suppliers | 440/4 | €39,500 | €24,578 | -€14,922 | -37.8% |
| Advances received on contracts in progress | 46 | - | €32,906 | +€32,906 | |
| Taxes, remuneration and social security | 45 | - | €3,134 | +€3,134 | |
| Taxes | 450/3 | - | €3,134 | +€3,134 | |
| Other amounts payable | 47/48 | €923 | €1,307 | +€384 | +41.5% |
| Other operating charges | 640/8 | €100 | €300 | +€200 | +200% |
| Gross operating margin | 9900 | €6,076 | €9,935 | +€3,859 | +63.5% |
| Operating profit (loss) | 9901 | €5,976 | €9,635 | +€3,659 | +61.2% |
| Financial charges | 65/66B | €127 | €150 | +€23 | +18.2% |
| Recurring financial charges | 65 | €127 | €150 | +€23 | +18.2% |
| Profit (loss) for the period before taxes | 9903 | €5,849 | €9,485 | +€3,636 | +62.2% |
| Income taxes | 67/77 | - | €2,560 | +€2,560 | |
| Profit (loss) for the period | 9904 | €5,849 | €6,925 | +€1,076 | +18.4% |
| Profit (loss) for the period to be appropriated | 9905 | €5,849 | €6,925 | +€1,076 | +18.4% |
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 22 October 2026 via checked.be.