Wire 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.
Wire Security
Largest movements
- Receivables within one year -€34,586
down €34,586 (-30.3%), from €114,127 to €79,541
of which Other amounts receivable: -€28,870
- Cash -€31,157
down €31,157 (-26.3%), from €118,321 to €87,164
mainly Contributions, distributions and other (-€70,261) and Other debts (-€33,607)
- Deferred charges and accrued income -€10,055
down €10,055 (-46.2%), from €21,761 to €11,707
- Reserves -€39,986
down €39,986 (-27.0%), from €148,116 to €108,130
of which Distributable reserves: -€39,986
- Other debts -€33,607
down €33,607 (-41.8%), from €80,355 to €46,748
- Gross operating margin -€45,134
down €45,134 (-47.2%), from €95,617 to €50,483
- Taxes -€6,444
down €6,444 (-33.3%), from €19,346 to €12,902
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 | €275,808 | €201,509 | -€74,298 | -26.9% |
| Fixed assets | 21/28 | €21,597 | €23,098 | +€1,500 | +6.9% |
| Tangible fixed assets | 22/27 | €21,597 | €23,098 | +€1,500 | +6.9% |
| Land and buildings | 22 | €13,140 | €10,828 | -€2,313 | -17.6% |
| Plant, machinery and equipment | 23 | €1,798 | €3,787 | +€1,989 | +110.6% |
| Furniture and vehicles | 24 | €3,245 | €5,610 | +€2,365 | +72.9% |
| Other tangible fixed assets | 26 | €3,414 | €2,873 | -€541 | -15.8% |
| Current assets | 29/58 | €254,210 | €178,412 | -€75,798 | -29.8% |
| Amounts receivable within one year | 40/41 | €114,127 | €79,541 | -€34,586 | -30.3% |
| Trade receivables | 40 | €37,464 | €31,748 | -€5,716 | -15.3% |
| Other amounts receivable | 41 | €76,663 | €47,793 | -€28,870 | -37.7% |
| Cash at bank and in hand | 54/58 | €118,321 | €87,164 | -€31,157 | -26.3% |
| Deferred charges and accrued income | 490/1 | €21,761 | €11,707 | -€10,055 | -46.2% |
| Total equity and liabilities | 10/49 | €275,808 | €201,509 | -€74,298 | -26.9% |
| Equity | 10/15 | €166,716 | €126,730 | -€39,986 | -24.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €148,116 | €108,130 | -€39,986 | -27.0% |
| 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 | €146,256 | €106,270 | -€39,986 | -27.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €109,092 | €74,780 | -€34,312 | -31.5% |
| Amounts payable within one year | 42/48 | €109,092 | €74,780 | -€34,312 | -31.5% |
| Trade debts | 44 | €19,767 | €19,421 | -€346 | -1.7% |
| Suppliers | 440/4 | €19,767 | €19,421 | -€346 | -1.7% |
| Taxes, remuneration and social security | 45 | €8,970 | €8,610 | -€360 | -4.0% |
| Taxes | 450/3 | €8,970 | €8,610 | -€360 | -4.0% |
| Other amounts payable | 47/48 | €80,355 | €46,748 | -€33,607 | -41.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,923 | €5,459 | +€536 | +10.9% |
| Other operating charges | 640/8 | €128 | €164 | +€36 | +28.2% |
| Gross operating margin | 9900 | €95,617 | €50,483 | -€45,134 | -47.2% |
| Operating profit (loss) | 9901 | €90,566 | €44,860 | -€45,705 | -50.5% |
| Financial income | 75/76B | €32 | €119 | +€86 | +268.0% |
| Recurring financial income | 75 | €32 | €119 | +€86 | +268.0% |
| Financial charges | 65/66B | €1,732 | €1,802 | +€70 | +4.0% |
| Recurring financial charges | 65 | €1,732 | €1,802 | +€70 | +4.0% |
| Profit (loss) for the period before taxes | 9903 | €88,866 | €43,177 | -€45,689 | -51.4% |
| Income taxes | 67/77 | €19,346 | €12,902 | -€6,444 | -33.3% |
| Profit (loss) for the period | 9904 | €69,520 | €30,275 | -€39,245 | -56.5% |
| Profit (loss) for the period to be appropriated | 9905 | €69,520 | €30,275 | -€39,245 | -56.5% |
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 29 September 2026 via checked.be.