TSSI 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.
TSSI SECURITY
Largest movements
- Tangible fixed assets -€47,293
down €47,293 (-46.0%), from €102,813 to €55,521
of which Furniture and vehicles: -€48,125
- Debts after one year -€33,660
down €33,660 (-54.2%), from €62,150 to €28,490
- Reserves -€30,000
down €30,000 (-41.9%), from €71,595 to €41,595
of which Distributable reserves: -€30,000
- Trade debts +€4,310
up €4,310 (+76.2%), from €5,655 to €9,964
- Tax, wage and social debts +€3,924
up €3,924 (+8.1%), from €48,152 to €52,076
of which Remuneration and social security: +€5,985
- Profit (loss) carried forward +€3,856
up €3,856 (+940.9%), from €410 to €4,266
- Staff costs -€17,617
down €17,617 (-88.5%), from €19,908 to €2,291
- Depreciation +€16,045
up €16,045 (+48.2%), from €33,300 to €49,346
- Gross operating margin +€8,939
up €8,939 (+8.1%), from €109,840 to €118,779
- Other operating charges +€2,428
up €2,428 (+380.0%), from €639 to €3,067
- Taxes +€2,241
up €2,241 (+20.3%), from €11,014 to €13,255
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 | €230,300 | €180,181 | -€50,119 | -21.8% |
| Fixed assets | 21/28 | €110,876 | €63,221 | -€47,656 | -43.0% |
| Tangible fixed assets | 22/27 | €102,813 | €55,521 | -€47,293 | -46.0% |
| Plant, machinery and equipment | 23 | €5,637 | €6,470 | +€833 | +14.8% |
| Furniture and vehicles | 24 | €97,176 | €49,051 | -€48,125 | -49.5% |
| Financial fixed assets | 28 | €8,063 | €7,700 | -€363 | -4.5% |
| Current assets | 29/58 | €119,424 | €116,961 | -€2,463 | -2.1% |
| Amounts receivable within one year | 40/41 | €42,354 | €42,482 | +€129 | +0.3% |
| Trade receivables | 40 | €41,905 | €42,100 | +€194 | +0.5% |
| Other amounts receivable | 41 | €448 | €383 | -€66 | -14.7% |
| Cash at bank and in hand | 54/58 | €73,330 | €71,681 | -€1,649 | -2.2% |
| Deferred charges and accrued income | 490/1 | €3,740 | €2,797 | -€943 | -25.2% |
| Total equity and liabilities | 10/49 | €230,300 | €180,181 | -€50,119 | -21.8% |
| Equity | 10/15 | €81,505 | €55,361 | -€26,144 | -32.1% |
| Contributions | 10/11 | €9,500 | €9,500 | = | 0.0% |
| Outside capital | 11 | €9,500 | €9,500 | = | 0.0% |
| Other | 1109/19 | €9,500 | €9,500 | = | 0.0% |
| Reserves | 13 | €71,595 | €41,595 | -€30,000 | -41.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €69,735 | €39,735 | -€30,000 | -43.0% |
| Profit (loss) carried forward | 14 | €410 | €4,266 | +€3,856 | +940.9% |
| Amounts payable | 17/49 | €148,795 | €124,821 | -€23,975 | -16.1% |
| Amounts payable after more than one year | 17 | €62,150 | €28,490 | -€33,660 | -54.2% |
| Financial debts | 170/4 | €62,150 | €28,490 | -€33,660 | -54.2% |
| Amounts payable within one year | 42/48 | €86,645 | €96,331 | +€9,685 | +11.2% |
| Current portion of amounts payable after more than one year | 42 | €32,241 | €33,660 | +€1,419 | +4.4% |
| Trade debts | 44 | €5,655 | €9,964 | +€4,310 | +76.2% |
| Suppliers | 440/4 | €5,655 | €9,964 | +€4,310 | +76.2% |
| Taxes, remuneration and social security | 45 | €48,152 | €52,076 | +€3,924 | +8.1% |
| Taxes | 450/3 | €38,505 | €36,444 | -€2,061 | -5.4% |
| Remuneration and social security | 454/9 | €9,647 | €15,632 | +€5,985 | +62.0% |
| Other amounts payable | 47/48 | €598 | €631 | +€33 | +5.5% |
| Non-recurring operating income | 76A | - | €482 | +€482 | |
| Remuneration, social security and pensions | 62 | €19,908 | €2,291 | -€17,617 | -88.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,300 | €49,346 | +€16,045 | +48.2% |
| Other operating charges | 640/8 | €639 | €3,067 | +€2,428 | +380.0% |
| Gross operating margin | 9900 | €109,840 | €118,779 | +€8,939 | +8.1% |
| Operating profit (loss) | 9901 | €55,992 | €64,075 | +€8,083 | +14.4% |
| Financial income | 75/76B | - | €500 | +€500 | |
| Recurring financial income | 75 | - | €500 | +€500 | |
| Non-recurring financial income | 76B | - | €500 | +€500 | |
| Financial charges | 65/66B | €3,731 | €3,775 | +€44 | +1.2% |
| Recurring financial charges | 65 | €3,731 | €3,775 | +€44 | +1.2% |
| Profit (loss) for the period before taxes | 9903 | €52,262 | €60,800 | +€8,539 | +16.3% |
| Income taxes | 67/77 | €11,014 | €13,255 | +€2,241 | +20.3% |
| Profit (loss) for the period | 9904 | €41,248 | €47,546 | +€6,298 | +15.3% |
| Profit (loss) for the period to be appropriated | 9905 | €41,248 | €47,546 | +€6,298 | +15.3% |
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 4 October 2026 via checked.be.