TECH SECURITE: 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.
TECH SECURITE
Largest movements
- Receivables within one year -€16,989
down €16,989 (-84.0%), from €20,220 to €3,231
of which Trade receivables: -€16,308
- Tangible fixed assets +€13,710
up €13,710 (+145%), from €9,484 to €23,194
of which Furniture and vehicles: +€14,301
- Deferred charges and accrued income +€718
up €718 (+183%), from €392 to €1,110
- Accrued charges and deferred income +€6,769
new in 2025: €6,769
- Other debts -€5,256
down €5,256 (-97.5%), from €5,389 to €133
- Trade debts -€4,799
down €4,799 (-47.8%), from €10,047 to €5,248
- Tax, wage and social debts -€1,327
down €1,327 (-19.9%), from €6,653 to €5,326
- Contributions +€753
up €753 (+6.1%), from €12,400 to €13,153
- Depreciation +€1,328
up €1,328 (+42.3%), from €3,143 to €4,471
- Financial charges -€1,026
down €1,026 (-31.0%), from €3,311 to €2,285
- Gross operating margin -€520
down €520 (-5.0%), from €10,435 to €9,915
- Financial income +€172
up €172 (+8,566%), from €2 to €174
- Other operating charges +€160
up €160 (+25.5%), from €625 to €784
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 | €63,153 | €59,413 | -€3,740 | -5.9% |
| Fixed assets | 21/28 | €9,932 | €23,194 | +€13,262 | +134% |
| Tangible fixed assets | 22/27 | €9,484 | €23,194 | +€13,710 | +145% |
| Plant, machinery and equipment | 23 | €411 | €88 | -€324 | -78.7% |
| Furniture and vehicles | 24 | €7,704 | €22,005 | +€14,301 | +186% |
| Other tangible fixed assets | 26 | €1,369 | €1,101 | -€268 | -19.6% |
| Financial fixed assets | 28 | €448 | - | -€448 | |
| Current assets | 29/58 | €53,221 | €36,220 | -€17,001 | -31.9% |
| Stocks and contracts in progress | 3 | €415 | €231 | -€184 | -44.4% |
| Stocks | 30/36 | €415 | €231 | -€184 | -44.4% |
| Amounts receivable within one year | 40/41 | €20,220 | €3,231 | -€16,989 | -84.0% |
| Trade receivables | 40 | €17,798 | €1,489 | -€16,308 | -91.6% |
| Other amounts receivable | 41 | €2,422 | €1,742 | -€681 | -28.1% |
| Cash at bank and in hand | 54/58 | €32,194 | €31,648 | -€546 | -1.7% |
| Deferred charges and accrued income | 490/1 | €392 | €1,110 | +€718 | +183% |
| Total equity and liabilities | 10/49 | €63,153 | €59,413 | -€3,740 | -5.9% |
| Equity | 10/15 | €41,063 | €41,937 | +€874 | +2.1% |
| Contributions | 10/11 | €12,400 | €13,153 | +€753 | +6.1% |
| Reserves | 13 | €5,724 | €5,845 | +€120 | +2.1% |
| Non-distributable reserves | 130/1 | €753 | - | -€753 | |
| Reserves not available under the articles | 1311 | €753 | - | -€753 | |
| Distributable reserves | 133 | €4,971 | €5,845 | +€874 | +17.6% |
| Profit (loss) carried forward | 14 | €22,939 | €22,939 | = | 0.0% |
| Amounts payable | 17/49 | €22,090 | €17,476 | -€4,613 | -20.9% |
| Amounts payable within one year | 42/48 | €22,090 | €10,708 | -€11,382 | -51.5% |
| Trade debts | 44 | €10,047 | €5,248 | -€4,799 | -47.8% |
| Suppliers | 440/4 | €10,047 | €5,248 | -€4,799 | -47.8% |
| Taxes, remuneration and social security | 45 | €6,653 | €5,326 | -€1,327 | -19.9% |
| Taxes | 450/3 | €6,653 | €5,326 | -€1,327 | -19.9% |
| Other amounts payable | 47/48 | €5,389 | €133 | -€5,256 | -97.5% |
| Accrued charges and deferred income | 492/3 | - | €6,769 | +€6,769 | |
| Non-recurring operating income | 76A | - | €382 | +€382 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,143 | €4,471 | +€1,328 | +42.3% |
| Other operating charges | 640/8 | €625 | €784 | +€160 | +25.5% |
| Gross operating margin | 9900 | €10,435 | €9,915 | -€520 | -5.0% |
| Operating profit (loss) | 9901 | €6,668 | €4,660 | -€2,008 | -30.1% |
| Financial income | 75/76B | €2 | €174 | +€172 | +8,566% |
| Recurring financial income | 75 | €2 | €174 | +€172 | +8,566% |
| Financial charges | 65/66B | €3,311 | €2,285 | -€1,026 | -31.0% |
| Recurring financial charges | 65 | €3,311 | €2,285 | -€1,026 | -31.0% |
| Profit (loss) for the period before taxes | 9903 | €3,359 | €2,549 | -€810 | -24.1% |
| Income taxes | 67/77 | €1,754 | €1,675 | -€79 | -4.5% |
| Profit (loss) for the period | 9904 | €1,605 | €874 | -€732 | -45.6% |
| Profit (loss) for the period to be appropriated | 9905 | €1,605 | €874 | -€732 | -45.6% |
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 14 October 2026 via checked.be.