Stassen Sécurité: 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.
Stassen Sécurité
Largest movements
- Tangible fixed assets -€13,639
down €13,639 (-32.7%), from €41,763 to €28,124
of which Furniture and vehicles: -€12,960
- Cash +€12,868
up €12,868 (+32.9%), from €39,107 to €51,975
mainly Net result for the year (+€32,679) and Depreciation (+€14,055)
- Stocks and contracts +€8,682
up €8,682 (+66.2%), from €13,115 to €21,797
- Receivables within one year +€8,475
up €8,475 (+13.7%), from €61,672 to €70,147
of which Trade receivables: +€9,668
- Deferred charges and accrued income -€2,046
down €2,046 (-37.7%), from €5,422 to €3,376
- Profit (loss) carried forward +€22,679
up €22,679 (+36.5%), from €62,157 to €84,836
- Trade debts +€10,516
up €10,516 (+109%), from €9,683 to €20,199
- Debts after one year -€8,921
down €8,921 (-34.3%), from €25,984 to €17,063
- Other debts -€5,000
down €5,000 (-33.3%), from €15,000 to €10,000
- Accrued charges and deferred income -€2,619
down €2,619 (-66.3%), from €3,949 to €1,330
- Taxes +€4,819
up €4,819 (+413%), from €1,167 to €5,986
- Gross operating margin +€3,290
up €3,290 (+2.4%), from €139,398 to €142,689
- Staff costs -€1,995
down €1,995 (-2.2%), from €90,399 to €88,404
- Depreciation +€1,869
up €1,869 (+15.3%), from €12,187 to €14,055
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 | €161,107 | €175,448 | +€14,341 | +8.9% |
| Fixed assets | 21/28 | €41,792 | €28,153 | -€13,639 | -32.6% |
| Tangible fixed assets | 22/27 | €41,763 | €28,124 | -€13,639 | -32.7% |
| Plant, machinery and equipment | 23 | €2,103 | €1,424 | -€679 | -32.3% |
| Furniture and vehicles | 24 | €39,659 | €26,700 | -€12,960 | -32.7% |
| Financial fixed assets | 28 | €29 | €29 | = | 0.0% |
| Current assets | 29/58 | €119,315 | €147,295 | +€27,980 | +23.5% |
| Stocks and contracts in progress | 3 | €13,115 | €21,797 | +€8,682 | +66.2% |
| Stocks | 30/36 | €13,115 | €21,797 | +€8,682 | +66.2% |
| Amounts receivable within one year | 40/41 | €61,672 | €70,147 | +€8,475 | +13.7% |
| Trade receivables | 40 | €59,272 | €68,940 | +€9,668 | +16.3% |
| Other amounts receivable | 41 | €2,400 | €1,207 | -€1,193 | -49.7% |
| Cash at bank and in hand | 54/58 | €39,107 | €51,975 | +€12,868 | +32.9% |
| Deferred charges and accrued income | 490/1 | €5,422 | €3,376 | -€2,046 | -37.7% |
| Total equity and liabilities | 10/49 | €161,107 | €175,448 | +€14,341 | +8.9% |
| Equity | 10/15 | €84,157 | €106,836 | +€22,679 | +26.9% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €62,157 | €84,836 | +€22,679 | +36.5% |
| Amounts payable | 17/49 | €76,950 | €68,611 | -€8,338 | -10.8% |
| Amounts payable after more than one year | 17 | €25,984 | €17,063 | -€8,921 | -34.3% |
| Financial debts | 170/4 | €25,984 | €17,063 | -€8,921 | -34.3% |
| Amounts payable within one year | 42/48 | €47,016 | €50,218 | +€3,202 | +6.8% |
| Current portion of amounts payable after more than one year | 42 | €11,503 | €8,921 | -€2,582 | -22.4% |
| Trade debts | 44 | €9,683 | €20,199 | +€10,516 | +109% |
| Suppliers | 440/4 | €9,683 | €20,199 | +€10,516 | +109% |
| Taxes, remuneration and social security | 45 | €10,830 | €11,098 | +€268 | +2.5% |
| Taxes | 450/3 | €1,187 | €2,660 | +€1,473 | +124% |
| Remuneration and social security | 454/9 | €9,643 | €8,438 | -€1,205 | -12.5% |
| Other amounts payable | 47/48 | €15,000 | €10,000 | -€5,000 | -33.3% |
| Accrued charges and deferred income | 492/3 | €3,949 | €1,330 | -€2,619 | -66.3% |
| Non-recurring operating income | 76A | €12,647 | €0 | -€12,647 | -100% |
| Remuneration, social security and pensions | 62 | €90,399 | €88,404 | -€1,995 | -2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,187 | €14,055 | +€1,869 | +15.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€18 | -€953 | -€935 | -5,197% |
| Other operating charges | 640/8 | €626 | €676 | +€50 | +7.9% |
| Non-recurring operating charges | 66A | €10,914 | €0 | -€10,914 | -100% |
| Gross operating margin | 9900 | €139,398 | €142,689 | +€3,290 | +2.4% |
| Operating profit (loss) | 9901 | €25,290 | €40,506 | +€15,216 | +60.2% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €2,539 | €1,841 | -€698 | -27.5% |
| Recurring financial charges | 65 | €2,539 | €1,841 | -€698 | -27.5% |
| Profit (loss) for the period before taxes | 9903 | €22,751 | €38,665 | +€15,914 | +69.9% |
| Income taxes | 67/77 | €1,167 | €5,986 | +€4,819 | +413% |
| Profit (loss) for the period | 9904 | €21,584 | €32,679 | +€11,095 | +51.4% |
| Profit (loss) for the period to be appropriated | 9905 | €21,584 | €32,679 | +€11,095 | +51.4% |
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 28 October 2026 via checked.be.