T.A.E SECURITY: what changed
Two fiscal 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.
T.A.E SECURITY
Largest movements
- Cash +€36,172
up €36,172 (+403.4%), from €8,967 to €45,138
mainly Investment in fixed assets (net) (+€28,933) and Net result for the year (+€21,369)
- Tangible fixed assets -€32,171
down €32,171 (-85.3%), from €37,735 to €5,563
of which Furniture and vehicles: -€30,553
- Stocks and contracts -€14,146
down €14,146 (-64.5%), from €21,928 to €7,782
- Receivables within one year +€6,968
up €6,968 (+37.4%), from €18,617 to €25,585
of which Trade receivables: +€19,410
- Deferred charges and accrued income +€1,865
up €1,865 (+45.1%), from €4,131 to €5,996
- Profit (loss) carried forward +€21,369
up €21,369 (+56.1%), from €38,124 to €59,494
- Debts after one year -€19,266
down €19,266 (-62.9%), from €30,626 to €11,360
of which Financial debts: -€19,266
- Current portion of long-term debt -€5,662
no longer reported in 2025 (was €5,662)
- Tax, wage and social debts +€1,711
up €1,711 (+9562.3%), from €18 to €1,729
- Depreciation -€12,786
down €12,786 (-79.8%), from €16,024 to €3,238
- Gross operating margin +€6,166
up €6,166 (+19.2%), from €32,083 to €38,249
- Taxes +€3,730
up €3,730 (+93.5%), from €3,988 to €7,719
- Other operating charges +€994
up €994 (+42.5%), from €2,339 to €3,333
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €92,005 | €90,693 | -€1,312 | -1.4% |
| Fixed assets | 21/28 | €38,363 | €6,191 | -€32,171 | -83.9% |
| Tangible fixed assets | 22/27 | €37,735 | €5,563 | -€32,171 | -85.3% |
| Plant, machinery and equipment | 23 | €4,794 | €3,176 | -€1,618 | -33.8% |
| Furniture and vehicles | 24 | €32,941 | €2,387 | -€30,553 | -92.8% |
| Financial fixed assets | 28 | €628 | €628 | = | 0.0% |
| Current assets | 29/58 | €53,643 | €84,502 | +€30,859 | +57.5% |
| Stocks and contracts in progress | 3 | €21,928 | €7,782 | -€14,146 | -64.5% |
| Stocks | 30/36 | €21,928 | €7,782 | -€14,146 | -64.5% |
| Amounts receivable within one year | 40/41 | €18,617 | €25,585 | +€6,968 | +37.4% |
| Trade receivables | 40 | €4,644 | €24,053 | +€19,410 | +418.0% |
| Other amounts receivable | 41 | €13,973 | €1,531 | -€12,442 | -89.0% |
| Cash at bank and in hand | 54/58 | €8,967 | €45,138 | +€36,172 | +403.4% |
| Deferred charges and accrued income | 490/1 | €4,131 | €5,996 | +€1,865 | +45.1% |
| Total equity and liabilities | 10/49 | €92,005 | €90,693 | -€1,312 | -1.4% |
| Equity | 10/15 | €46,984 | €68,354 | +€21,369 | +45.5% |
| Contributions | 10/11 | €8,860 | €8,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,124 | €59,494 | +€21,369 | +56.1% |
| Amounts payable | 17/49 | €45,021 | €22,339 | -€22,682 | -50.4% |
| Amounts payable after more than one year | 17 | €30,626 | €11,360 | -€19,266 | -62.9% |
| Financial debts | 170/4 | €19,266 | - | -€19,266 | |
| Other amounts payable | 178/9 | €11,360 | €11,360 | = | 0.0% |
| Amounts payable within one year | 42/48 | €14,394 | €10,979 | -€3,415 | -23.7% |
| Current portion of amounts payable after more than one year | 42 | €5,662 | - | -€5,662 | |
| Trade debts | 44 | €2,080 | €2,892 | +€812 | +39.0% |
| Suppliers | 440/4 | €2,080 | €2,892 | +€812 | +39.0% |
| Taxes, remuneration and social security | 45 | €18 | €1,729 | +€1,711 | +9562.3% |
| Taxes | 450/3 | €18 | €1,729 | +€1,711 | +9562.3% |
| Other amounts payable | 47/48 | €6,635 | €6,358 | -€276 | -4.2% |
| Non-recurring operating income | 76A | - | €4,189 | +€4,189 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,024 | €3,238 | -€12,786 | -79.8% |
| Other operating charges | 640/8 | €2,339 | €3,333 | +€994 | +42.5% |
| Non-recurring operating charges | 66A | - | €1,502 | +€1,502 | |
| Gross operating margin | 9900 | €32,083 | €38,249 | +€6,166 | +19.2% |
| Operating profit (loss) | 9901 | €13,720 | €30,176 | +€16,456 | +119.9% |
| Financial income | 75/76B | €493 | €574 | +€80 | +16.3% |
| Recurring financial income | 75 | €493 | €574 | +€80 | +16.3% |
| Financial charges | 65/66B | €1,644 | €1,661 | +€17 | +1.0% |
| Recurring financial charges | 65 | €1,644 | €1,661 | +€17 | +1.0% |
| Profit (loss) for the period before taxes | 9903 | €12,569 | €29,088 | +€16,519 | +131.4% |
| Income taxes | 67/77 | €3,988 | €7,719 | +€3,730 | +93.5% |
| Profit (loss) for the period | 9904 | €8,581 | €21,369 | +€12,789 | +149.0% |
| Profit (loss) for the period to be appropriated | 9905 | €8,581 | €21,369 | +€12,789 | +149.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.