UNITED SECURITY SERVICES: 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.
UNITED SECURITY SERVICES
Largest movements
- Receivables within one year -€38,890
down €38,890 (-55.8%), from €69,674 to €30,784
of which Trade receivables: -€42,669
- Tangible fixed assets -€20,238
down €20,238 (-74.7%), from €27,077 to €6,838
of which Assets under construction and advance payments: -€16,252
- Intangible fixed assets +€16,161
new in 2024: €16,161
- Deferred charges and accrued income +€11,831
up €11,831, from €0 to €11,831
- Trade debts -€102,550
down €102,550 (-67.8%), from €151,175 to €48,625
- Other debts +€51,855
up €51,855 (+1194.8%), from €4,340 to €56,195
- Tax, wage and social debts +€38,733
up €38,733 (+513.3%), from €7,545 to €46,278
of which Taxes: +€20,027
- Profit (loss) carried forward -€24,265
down €24,265 (-40.1%), from -€60,504 to -€84,770
- Short-term financial debts +€4,981
new in 2024: €4,981
- Gross operating margin +€249,914
up €249,914, from -€70,674 to €179,239
- Staff costs +€182,117
up €182,117 (+10929.1%), from €1,666 to €183,783
- Financial charges +€8,864
up €8,864 (+323.9%), from €2,737 to €11,601
- Depreciation +€2,693
up €2,693 (+81.0%), from €3,327 to €6,020
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €115,056 | €83,811 | -€31,245 | -27.2% |
| Fixed assets | 21/28 | €44,077 | €40,000 | -€4,077 | -9.3% |
| Intangible fixed assets | 21 | - | €16,161 | +€16,161 | |
| Tangible fixed assets | 22/27 | €27,077 | €6,838 | -€20,238 | -74.7% |
| Furniture and vehicles | 24 | €10,825 | €6,838 | -€3,986 | -36.8% |
| Assets under construction and advance payments | 27 | €16,252 | €0 | -€16,252 | -100.0% |
| Financial fixed assets | 28 | €17,000 | €17,000 | = | 0.0% |
| Current assets | 29/58 | €70,979 | €43,811 | -€27,168 | -38.3% |
| Amounts receivable within one year | 40/41 | €69,674 | €30,784 | -€38,890 | -55.8% |
| Trade receivables | 40 | €56,311 | €13,642 | -€42,669 | -75.8% |
| Other amounts receivable | 41 | €13,363 | €17,141 | +€3,779 | +28.3% |
| Cash at bank and in hand | 54/58 | €1,305 | €1,196 | -€109 | -8.3% |
| Deferred charges and accrued income | 490/1 | €0 | €11,831 | +€11,831 | |
| Total equity and liabilities | 10/49 | €115,056 | €83,811 | -€31,245 | -27.2% |
| Equity | 10/15 | -€49,004 | -€73,270 | -€24,265 | -49.5% |
| Contributions | 10/11 | €11,500 | €11,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€60,504 | -€84,770 | -€24,265 | -40.1% |
| Amounts payable | 17/49 | €164,060 | €157,080 | -€6,980 | -4.3% |
| Amounts payable within one year | 42/48 | €163,060 | €156,080 | -€6,980 | -4.3% |
| Financial debts | 43 | - | €4,981 | +€4,981 | |
| Credit institutions | 430/8 | - | €4,981 | +€4,981 | |
| Trade debts | 44 | €151,175 | €48,625 | -€102,550 | -67.8% |
| Suppliers | 440/4 | €151,175 | €48,625 | -€102,550 | -67.8% |
| Taxes, remuneration and social security | 45 | €7,545 | €46,278 | +€38,733 | +513.3% |
| Taxes | 450/3 | €5,958 | €25,984 | +€20,027 | +336.2% |
| Remuneration and social security | 454/9 | €1,588 | €20,294 | +€18,706 | +1178.3% |
| Other amounts payable | 47/48 | €4,340 | €56,195 | +€51,855 | +1194.8% |
| Accrued charges and deferred income | 492/3 | €1,000 | €1,000 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €1,666 | €183,783 | +€182,117 | +10929.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,327 | €6,020 | +€2,693 | +81.0% |
| Other operating charges | 640/8 | €3,975 | €2,289 | -€1,687 | -42.4% |
| Gross operating margin | 9900 | -€70,674 | €179,239 | +€249,914 | |
| Operating profit (loss) | 9901 | -€79,643 | -€12,853 | +€66,790 | +83.9% |
| Financial income | 75/76B | €0 | €538 | +€538 | +537970.0% |
| Recurring financial income | 75 | €0 | €538 | +€538 | +537970.0% |
| Financial charges | 65/66B | €2,737 | €11,601 | +€8,864 | +323.9% |
| Recurring financial charges | 65 | €2,737 | €11,601 | +€8,864 | +323.9% |
| Profit (loss) for the period before taxes | 9903 | -€82,380 | -€23,916 | +€58,464 | +71.0% |
| Income taxes | 67/77 | €123 | €349 | +€226 | +183.4% |
| Profit (loss) for the period | 9904 | -€82,503 | -€24,265 | +€58,238 | +70.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€82,503 | -€24,265 | +€58,238 | +70.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.