Spider Security Group: 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.
Spider Security Group
Largest movements
- Receivables within one year +€344,914
up €344,914 (+67.0%), from €514,568 to €859,482
of which Other amounts receivable: +€320,565
- Stocks and contracts -€62,727
down €62,727 (-25.7%), from €243,797 to €181,070
of which Contracts in progress: -€37,500
- Cash +€56,652
up €56,652 (+8,106%), from €699 to €57,351
mainly Contributions, distributions and other (+€300,000) and Trade debts (+€155,972)
- Intangible fixed assets -€41,725
down €41,725 (-28.4%), from €146,803 to €105,079
- Tangible fixed assets +€34,838
up €34,838 (+23.4%), from €149,189 to €184,027
of which Furniture and vehicles: +€22,078
- Contributions +€300,000
up €300,000 (+115%), from €261,500 to €561,500
- Trade debts +€155,972
up €155,972 (+33.3%), from €467,708 to €623,680
- Tax, wage and social debts -€138,917
down €138,917 (-25.9%), from €536,643 to €397,726
of which Taxes: -€215,379
- Profit (loss) carried forward +€64,834
up €64,834 (+12.4%), from -€524,503 to -€459,669
- Advances received +€58,434
new in 2025: €58,434
- Gross operating margin +€390,679
up €390,679 (+23.2%), from €1.7m to €2.1m
- Staff costs +€336,333
up €336,333 (+23.3%), from €1.4m to €1.8m
- Financial charges +€82,244
up €82,244 (+195%), from €42,104 to €124,347
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 | €1,806,950 | €2,128,554 | +€321,604 | +17.8% |
| Fixed assets | 21/28 | €1,029,437 | €1,025,850 | -€3,587 | -0.3% |
| Intangible fixed assets | 21 | €146,803 | €105,079 | -€41,725 | -28.4% |
| Tangible fixed assets | 22/27 | €149,189 | €184,027 | +€34,838 | +23.4% |
| Plant, machinery and equipment | 23 | €5,387 | €9,928 | +€4,541 | +84.3% |
| Furniture and vehicles | 24 | €52,127 | €74,205 | +€22,078 | +42.4% |
| Leasing and similar rights | 25 | - | €2,445 | +€2,445 | |
| Other tangible fixed assets | 26 | €91,676 | €97,450 | +€5,774 | +6.3% |
| Financial fixed assets | 28 | €733,445 | €736,745 | +€3,300 | +0.4% |
| Current assets | 29/58 | €777,513 | €1,102,704 | +€325,191 | +41.8% |
| Stocks and contracts in progress | 3 | €243,797 | €181,070 | -€62,727 | -25.7% |
| Stocks | 30/36 | €206,297 | €181,070 | -€25,227 | -12.2% |
| Contracts in progress | 37 | €37,500 | - | -€37,500 | |
| Amounts receivable within one year | 40/41 | €514,568 | €859,482 | +€344,914 | +67.0% |
| Trade receivables | 40 | €263,978 | €288,327 | +€24,349 | +9.2% |
| Other amounts receivable | 41 | €250,590 | €571,155 | +€320,565 | +128% |
| Cash at bank and in hand | 54/58 | €699 | €57,351 | +€56,652 | +8,106% |
| Deferred charges and accrued income | 490/1 | €18,449 | €4,800 | -€13,649 | -74.0% |
| Total equity and liabilities | 10/49 | €1,806,950 | €2,128,554 | +€321,604 | +17.8% |
| Equity | 10/15 | -€263,003 | €101,831 | +€364,834 | |
| Contributions | 10/11 | €261,500 | €561,500 | +€300,000 | +115% |
| Capital | 10 | €261,500 | €561,500 | +€300,000 | +115% |
| Issued capital | 100 | €261,500 | €561,500 | +€300,000 | +115% |
| Profit (loss) carried forward | 14 | -€524,503 | -€459,669 | +€64,834 | +12.4% |
| Amounts payable | 17/49 | €2,069,953 | €2,026,723 | -€43,230 | -2.1% |
| Amounts payable after more than one year | 17 | €155,437 | €107,756 | -€47,681 | -30.7% |
| Financial debts | 170/4 | €155,437 | €107,756 | -€47,681 | -30.7% |
| Amounts payable within one year | 42/48 | €1,914,516 | €1,918,967 | +€4,451 | +0.2% |
| Current portion of amounts payable after more than one year | 42 | €163,508 | €134,495 | -€29,013 | -17.7% |
| Trade debts | 44 | €467,708 | €623,680 | +€155,972 | +33.3% |
| Suppliers | 440/4 | €467,708 | €623,680 | +€155,972 | +33.3% |
| Advances received on contracts in progress | 46 | - | €58,434 | +€58,434 | |
| Taxes, remuneration and social security | 45 | €536,643 | €397,726 | -€138,917 | -25.9% |
| Taxes | 450/3 | €288,544 | €73,164 | -€215,379 | -74.6% |
| Remuneration and social security | 454/9 | €248,100 | €324,562 | +€76,462 | +30.8% |
| Other amounts payable | 47/48 | €746,656 | €704,632 | -€42,025 | -5.6% |
| Non-recurring operating income | 76A | - | €250 | +€250 | |
| Remuneration, social security and pensions | 62 | €1,444,802 | €1,781,135 | +€336,333 | +23.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €84,814 | €95,524 | +€10,710 | +12.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €12,880 | +€12,880 | |
| Other operating charges | 640/8 | €15,605 | €4,996 | -€10,609 | -68.0% |
| Non-recurring operating charges | 66A | €834 | €5,793 | +€4,959 | +594% |
| Gross operating margin | 9900 | €1,684,832 | €2,075,510 | +€390,679 | +23.2% |
| Operating profit (loss) | 9901 | €138,777 | €175,182 | +€36,405 | +26.2% |
| Financial income | 75/76B | €4,569 | €15,831 | +€11,262 | +247% |
| Recurring financial income | 75 | €4,569 | €15,831 | +€11,262 | +247% |
| Financial charges | 65/66B | €42,104 | €124,347 | +€82,244 | +195% |
| Recurring financial charges | 65 | €42,104 | €124,347 | +€82,244 | +195% |
| Profit (loss) for the period before taxes | 9903 | €101,242 | €66,666 | -€34,576 | -34.2% |
| Income taxes | 67/77 | €1,172 | €1,832 | +€660 | +56.3% |
| Profit (loss) for the period | 9904 | €100,070 | €64,834 | -€35,236 | -35.2% |
| Profit (loss) for the period to be appropriated | 9905 | €100,070 | €64,834 | -€35,236 | -35.2% |
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 16 October 2026 via checked.be.