STOLL SECURITY BELGIUM: 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.
STOLL SECURITY BELGIUM
Largest movements
- Tangible fixed assets -€208,044
down €208,044 (-5.0%), from €4.1m to €3.9m
of which Land and buildings: -€176,218
- Profit (loss) carried forward +€646,525
up €646,525 (+30.6%), from €2.1m to €2.8m
- Other debts -€524,500
down €524,500 (-24.5%), from €2.1m to €1.6m
- Debts after one year -€501,448
down €501,448 (-12.0%), from €4.2m to €3.7m
- Investment grants +€210,135
up €210,135 (+264%), from €79,554 to €289,689
- Trade debts -€147,986
down €147,986 (-71.0%), from €208,368 to €60,382
- Financial income +€773,893
up €773,893 (+37,246%), from €2,078 to €775,970
- Gross operating margin +€215,465
up €215,465 (+51.1%), from €421,711 to €637,175
- Depreciation +€136,853
up €136,853 (+144%), from €94,711 to €231,565
- Financial charges +€130,544
up €130,544 (+92.2%), from €141,537 to €272,081
of which Non-recurring financial charges: +€100,000
- Staff costs -€10,611
down €10,611 (-3.9%), from €269,271 to €258,660
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 | €9,919,320 | €9,725,379 | -€193,942 | -2.0% |
| Fixed assets | 21/28 | €9,884,802 | €9,677,742 | -€207,060 | -2.1% |
| Tangible fixed assets | 22/27 | €4,133,852 | €3,925,808 | -€208,044 | -5.0% |
| Land and buildings | 22 | €3,922,663 | €3,746,445 | -€176,218 | -4.5% |
| Plant, machinery and equipment | 23 | €96,831 | €86,785 | -€10,046 | -10.4% |
| Furniture and vehicles | 24 | €76,706 | €65,956 | -€10,750 | -14.0% |
| Leasing and similar rights | 25 | €21,469 | €13,744 | -€7,725 | -36.0% |
| Other tangible fixed assets | 26 | €16,183 | €12,879 | -€3,304 | -20.4% |
| Financial fixed assets | 28 | €5,750,949 | €5,751,934 | +€984 | 0.0% |
| Current assets | 29/58 | €34,519 | €47,637 | +€13,118 | +38.0% |
| Amounts receivable within one year | 40/41 | €15,483 | €34,705 | +€19,222 | +124% |
| Trade receivables | 40 | - | €20,523 | +€20,523 | |
| Other amounts receivable | 41 | €15,483 | €14,182 | -€1,301 | -8.4% |
| Cash at bank and in hand | 54/58 | €17,245 | €10,132 | -€7,113 | -41.2% |
| Deferred charges and accrued income | 490/1 | €1,791 | €2,800 | +€1,009 | +56.3% |
| Total equity and liabilities | 10/49 | €9,919,320 | €9,725,379 | -€193,942 | -2.0% |
| Equity | 10/15 | €2,794,967 | €3,651,627 | +€856,660 | +30.7% |
| Contributions | 10/11 | €600,000 | €600,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,115,413 | €2,761,938 | +€646,525 | +30.6% |
| Investment grants | 15 | €79,554 | €289,689 | +€210,135 | +264% |
| Provisions and deferred taxes | 16 | €26,518 | €96,563 | +€70,045 | +264% |
| Deferred taxes | 168 | €26,518 | €96,563 | +€70,045 | +264% |
| Amounts payable | 17/49 | €7,097,836 | €5,977,189 | -€1.1m | -15.8% |
| Amounts payable after more than one year | 17 | €4,184,338 | €3,682,889 | -€501,448 | -12.0% |
| Financial debts | 170/4 | €4,184,338 | €3,682,889 | -€501,448 | -12.0% |
| Amounts payable within one year | 42/48 | €2,913,135 | €2,287,884 | -€625,251 | -21.5% |
| Current portion of amounts payable after more than one year | 42 | €393,686 | €398,241 | +€4,554 | +1.2% |
| Financial debts | 43 | €77,986 | €103,208 | +€25,221 | +32.3% |
| Credit institutions | 430/8 | €77,986 | €103,208 | +€25,221 | +32.3% |
| Trade debts | 44 | €208,368 | €60,382 | -€147,986 | -71.0% |
| Suppliers | 440/4 | €208,368 | €60,382 | -€147,986 | -71.0% |
| Taxes, remuneration and social security | 45 | €88,594 | €106,053 | +€17,459 | +19.7% |
| Taxes | 450/3 | €43,808 | €58,290 | +€14,483 | +33.1% |
| Remuneration and social security | 454/9 | €44,786 | €47,763 | +€2,977 | +6.6% |
| Other amounts payable | 47/48 | €2,144,500 | €1,620,000 | -€524,500 | -24.5% |
| Accrued charges and deferred income | 492/3 | €363 | €6,416 | +€6,053 | +1,668% |
| Remuneration, social security and pensions | 62 | €269,271 | €258,660 | -€10,611 | -3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €94,711 | €231,565 | +€136,853 | +144% |
| Other operating charges | 640/8 | €1,832 | €1,660 | -€172 | -9.4% |
| Gross operating margin | 9900 | €421,711 | €637,175 | +€215,465 | +51.1% |
| Operating profit (loss) | 9901 | €55,897 | €145,290 | +€89,394 | +160% |
| Financial income | 75/76B | €2,078 | €775,970 | +€773,893 | +37,246% |
| Recurring financial income | 75 | €2,078 | €775,970 | +€773,893 | +37,246% |
| Financial charges | 65/66B | €141,537 | €272,081 | +€130,544 | +92.2% |
| Recurring financial charges | 65 | €141,537 | €172,081 | +€30,544 | +21.6% |
| Non-recurring financial charges | 66B | - | €100,000 | +€100,000 | |
| Profit (loss) for the period before taxes | 9903 | -€83,562 | €649,180 | +€732,742 | |
| Income taxes | 67/77 | - | €2,654 | +€2,654 | |
| Profit (loss) for the period | 9904 | -€83,562 | €646,525 | +€730,088 | |
| Profit (loss) for the period to be appropriated | 9905 | -€83,562 | €646,525 | +€730,088 |
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 26 October 2026 via checked.be.