VERISURE: 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.
What changed
VERISURE
NACE 80.010, Investigation and private security services
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€11.5m
2024 · €10.6m+€875,460
Equity
€50.5m
2024 · €39.1m+€11.5m
Cash
€117,678
2024 · €727,472-€609,794
Balance sheet total
€82.7m
2024 · €69.1m+€13.6m
Largest movements
Assets
- Receivables within one year +€14.3m
up €14.3m (+89.1%), from €16.1m to €30.4m
of which Other amounts receivable: +€16.3m
Equity and liabilities
- Profit (loss) carried forward +€10.9m
up €10.9m (+108.2%), from €10.1m to €20.9m
- Accrued charges and deferred income +€1.1m
up €1.1m (+11.3%), from €9.4m to €10.5m
- Tax, wage and social debts +€1.0m
up €1.0m (+23.2%), from €4.5m to €5.5m
of which Remuneration and social security: +€1.5m
Income statement
- Services and other goods +€15.5m
up €15.5m (+22.5%), from €69.0m to €84.5m
- Turnover +€12.6m
up €12.6m (+9.7%), from €130.1m to €142.7m
- Other operating charges -€3.8m
down €3.8m (-77.0%), from €5.0m to €1.1m
- Goods and materials +€1.5m
up €1.5m (+8.2%), from €18.7m to €20.3m
of which Purchases: +€2.3m
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.
Result 2024
€10.6m
Turnover
+€12.6m
Other operating income
+€363,587
Goods and materials
-€1.5m
Services and other goods
-€15.5m
Staff costs
-€1.3m
Depreciation
+€446,529
Write-downs
-€639,565
Provisions
+€1.3m
Other operating charges
+€3.8m
Other operating items
+€225,698
Financial income
+€238,840
Financial charges
+€487,992
Taxes
+€394,573
Result 2025
€11.5m
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.
From operations
+€5.6m
Investment
-€6.2m
Financing
+€0
Cash 2024
€727,472
From operations (derived)
+€5.6m
Net result for the year
+€11.5m
Depreciation
+€6.7m
Stocks and contracts
-€411,312
Receivables within one year
-€14.3m
Deferred charges and accrued income
+€98,789
Provisions
-€271,867
Trade debts
+€257,636
Tax, wage and social debts
+€1.0m
Accrued charges and deferred income
+€1.1m
Investment (derived)
-€6.2m
Investment in fixed assets (net)
-€6.2m
Financing
+€0
Contributions, distributions and other
+€0
Cash 2025
€117,678
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €69,149,195 | €82,704,264 | +€13.6m | +19.6% |
| Fixed assets | 21/28 | €48,310,206 | €47,819,701 | -€490,504 | -1.0% |
| Intangible fixed assets | 21 | €36,055 | €32,905 | -€3,150 | -8.7% |
| Tangible fixed assets | 22/27 | €48,043,383 | €47,685,597 | -€357,787 | -0.7% |
| Plant, machinery and equipment | 23 | €44,611,949 | €44,777,215 | +€165,266 | +0.4% |
| Furniture and vehicles | 24 | €1,070,414 | €955,840 | -€114,574 | -10.7% |
| Other tangible fixed assets | 26 | €2,263,252 | €1,938,113 | -€325,139 | -14.4% |
| Assets under construction and advance payments | 27 | €97,768 | €14,428 | -€83,340 | -85.2% |
| Financial fixed assets | 28 | €230,767 | €101,200 | -€129,567 | -56.1% |
| Affiliated companies | 280/1 | €221,200 | €101,200 | -€120,000 | -54.2% |
| Participating interests | 280 | €121,200 | €1,200 | -€120,000 | -99.0% |
| Amounts receivable | 281 | €100,000 | €100,000 | = | 0.0% |
| Other financial fixed assets | 284/8 | €9,567 | - | -€9,567 | |
| Amounts receivable and cash guarantees | 285/8 | €9,567 | - | -€9,567 | |
| Current assets | 29/58 | €20,838,989 | €34,884,563 | +€14.0m | +67.4% |
| Stocks and contracts in progress | 3 | €2,492,657 | €2,903,969 | +€411,312 | +16.5% |
| Stocks | 30/36 | €2,492,657 | €2,903,969 | +€411,312 | +16.5% |
| Goods purchased for resale | 34 | €2,492,657 | €2,903,969 | +€411,312 | +16.5% |
| Amounts receivable within one year | 40/41 | €16,103,349 | €30,446,193 | +€14.3m | +89.1% |
| Trade receivables | 40 | €16,079,105 | €14,143,009 | -€1.9m | -12.0% |
| Other amounts receivable | 41 | €24,244 | €16,303,184 | +€16.3m | +67145.5% |
| Cash at bank and in hand | 54/58 | €727,472 | €117,678 | -€609,794 | -83.8% |
| Deferred charges and accrued income | 490/1 | €1,515,511 | €1,416,723 | -€98,789 | -6.5% |
| Total equity and liabilities | 10/49 | €69,149,195 | €82,704,264 | +€13.6m | +19.6% |
| Equity | 10/15 | €39,076,512 | €50,542,349 | +€11.5m | +29.3% |
| Contributions | 10/11 | €26,875,136 | €26,875,136 | = | 0.0% |
| Capital | 10 | €26,875,136 | €26,875,136 | = | 0.0% |
| Issued capital | 100 | €26,875,136 | €26,875,136 | = | 0.0% |
| Reserves | 13 | €2,141,000 | €2,718,514 | +€577,514 | +27.0% |
| Non-distributable reserves | 130/1 | €2,110,000 | €2,687,514 | +€577,514 | +27.4% |
| Legal reserve | 130 | €2,110,000 | €2,687,514 | +€577,514 | +27.4% |
| Distributable reserves | 133 | €31,000 | €31,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,060,376 | €20,948,699 | +€10.9m | +108.2% |
| Provisions and deferred taxes | 16 | €1,391,025 | €1,119,158 | -€271,867 | -19.5% |
| Provisions for liabilities and charges | 160/5 | €1,391,025 | €1,119,158 | -€271,867 | -19.5% |
| Other liabilities and charges | 164/5 | €1,391,025 | €1,119,158 | -€271,867 | -19.5% |
| Amounts payable | 17/49 | €28,681,658 | €31,042,758 | +€2.4m | +8.2% |
| Amounts payable within one year | 42/48 | €19,258,168 | €20,557,073 | +€1.3m | +6.7% |
| Trade debts | 44 | €14,778,378 | €15,036,014 | +€257,636 | +1.7% |
| Suppliers | 440/4 | €14,778,378 | €15,036,014 | +€257,636 | +1.7% |
| Taxes, remuneration and social security | 45 | €4,479,790 | €5,521,060 | +€1.0m | +23.2% |
| Taxes | 450/3 | €1,105,001 | €629,146 | -€475,855 | -43.1% |
| Remuneration and social security | 454/9 | €3,374,789 | €4,891,914 | +€1.5m | +45.0% |
| Accrued charges and deferred income | 492/3 | €9,423,490 | €10,485,684 | +€1.1m | +11.3% |
| Operating income | 70/76A | €141,531,134 | €155,151,969 | +€13.6m | +9.6% |
| Turnover | 70 | €130,149,422 | €142,711,432 | +€12.6m | +9.7% |
| Own construction capitalised | 72 | €9,665,742 | €10,360,979 | +€695,238 | +7.2% |
| Other operating income | 74 | €1,715,971 | €2,079,558 | +€363,587 | +21.2% |
| Operating charges | 60/66A | €126,162,749 | €140,029,528 | +€13.9m | +11.0% |
| Goods for resale, raw materials and consumables | 60 | €18,728,218 | €20,263,448 | +€1.5m | +8.2% |
| Purchases | 600/8 | €18,412,307 | €20,674,761 | +€2.3m | +12.3% |
| Change in stocks: decrease (increase) | 609 | €315,911 | -€411,312 | -€727,223 | |
| Services and other goods | 61 | €68,982,783 | €84,474,964 | +€15.5m | +22.5% |
| Remuneration, social security and pensions | 62 | €21,408,857 | €22,754,152 | +€1.3m | +6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,122,423 | €6,675,894 | -€446,529 | -6.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€26,986 | €612,580 | +€639,565 | |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €1,068,725 | -€271,867 | -€1.3m | |
| Other operating charges | 640/8 | €4,968,824 | €1,140,912 | -€3.8m | -77.0% |
| Non-recurring operating charges | 66A | €3,909,905 | €4,379,445 | +€469,540 | +12.0% |
| Operating profit (loss) | 9901 | €15,368,385 | €15,122,441 | -€245,944 | -1.6% |
| Financial income | 75/76B | €212,196 | €451,036 | +€238,840 | +112.6% |
| Recurring financial income | 75 | €212,196 | €451,036 | +€238,840 | +112.6% |
| Other financial income | 752/9 | €212,196 | €451,036 | +€238,840 | +112.6% |
| Financial charges | 65/66B | €608,074 | €120,082 | -€487,992 | -80.3% |
| Recurring financial charges | 65 | €608,074 | €120,082 | -€487,992 | -80.3% |
| Debt charges | 650 | €532,386 | €46,583 | -€485,803 | -91.3% |
| Other financial charges | 652/9 | €75,688 | €73,499 | -€2,189 | -2.9% |
| Profit (loss) for the period before taxes | 9903 | €14,972,507 | €15,453,395 | +€480,888 | +3.2% |
| Income taxes | 67/77 | €4,382,131 | €3,987,558 | -€394,573 | -9.0% |
| Taxes | 670/3 | €4,382,131 | €4,009,757 | -€372,374 | -8.5% |
| Tax adjustments and reversals of tax provisions | 77 | - | €22,199 | +€22,199 | |
| Profit (loss) for the period | 9904 | €10,590,376 | €11,465,837 | +€875,460 | +8.3% |
| Profit (loss) for the period to be appropriated | 9905 | €10,590,376 | €11,465,837 | +€875,460 | +8.3% |
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 3 October 2026 via checked.be.