Xpert Security: 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.
Xpert Security
Largest movements
- Receivables within one year +€15,305
up €15,305 (+24.1%), from €63,574 to €78,880
of which Trade receivables: +€23,747
- Cash +€5,315
up €5,315 (+6.5%), from €81,178 to €86,493
mainly Net result for the year (+€23,623) and Other debts (+€7,199)
- Deferred charges and accrued income +€2,351
up €2,351 (+65.0%), from €3,615 to €5,965
- Reserves +€23,623
up €23,623 (+33.8%), from €69,849 to €93,472
- Trade debts -€14,010
down €14,010 (-31.6%), from €44,391 to €30,381
- Other debts +€7,199
up €7,199 (+45.6%), from €15,785 to €22,983
- Tax, wage and social debts +€5,905
new in 2025: €5,905
- Gross operating margin -€13,663
down €13,663 (-24.2%), from €56,505 to €42,843
- Other operating charges -€10,793
down €10,793 (-72.8%), from €14,834 to €4,041
- Write-downs -€4,339
down €4,339 (-100.0%), from €4,339 to €0
- Taxes +€3,539
up €3,539 (+55.2%), from €6,410 to €9,950
- Financial charges -€2,695
down €2,695 (-38.4%), from €7,025 to €4,329
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 | €155,095 | €177,749 | +€22,654 | +14.6% |
| Fixed assets | 21/28 | €6,728 | €6,411 | -€317 | -4.7% |
| Tangible fixed assets | 22/27 | €6,728 | €6,411 | -€317 | -4.7% |
| Plant, machinery and equipment | 23 | €4,950 | €5,221 | +€271 | +5.5% |
| Furniture and vehicles | 24 | €1,778 | €1,190 | -€589 | -33.1% |
| Current assets | 29/58 | €148,366 | €171,338 | +€22,971 | +15.5% |
| Amounts receivable within one year | 40/41 | €63,574 | €78,880 | +€15,305 | +24.1% |
| Trade receivables | 40 | €55,033 | €78,781 | +€23,747 | +43.2% |
| Other amounts receivable | 41 | €8,541 | €99 | -€8,442 | -98.8% |
| Cash at bank and in hand | 54/58 | €81,178 | €86,493 | +€5,315 | +6.5% |
| Deferred charges and accrued income | 490/1 | €3,615 | €5,965 | +€2,351 | +65.0% |
| Total equity and liabilities | 10/49 | €155,095 | €177,749 | +€22,654 | +14.6% |
| Equity | 10/15 | €94,849 | €118,472 | +€23,623 | +24.9% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €69,849 | €93,472 | +€23,623 | +33.8% |
| Distributable reserves | 133 | €69,849 | €93,472 | +€23,623 | +33.8% |
| Amounts payable | 17/49 | €60,246 | €59,277 | -€969 | -1.6% |
| Amounts payable within one year | 42/48 | €60,176 | €59,270 | -€906 | -1.5% |
| Trade debts | 44 | €44,391 | €30,381 | -€14,010 | -31.6% |
| Suppliers | 440/4 | €44,391 | €30,381 | -€14,010 | -31.6% |
| Taxes, remuneration and social security | 45 | - | €5,905 | +€5,905 | |
| Taxes | 450/3 | - | €5,905 | +€5,905 | |
| Other amounts payable | 47/48 | €15,785 | €22,983 | +€7,199 | +45.6% |
| Accrued charges and deferred income | 492/3 | €70 | €7 | -€63 | -89.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,074 | €2,354 | +€280 | +13.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €4,339 | €0 | -€4,339 | -100.0% |
| Other operating charges | 640/8 | €14,834 | €4,041 | -€10,793 | -72.8% |
| Gross operating margin | 9900 | €56,505 | €42,843 | -€13,663 | -24.2% |
| Operating profit (loss) | 9901 | €35,258 | €36,448 | +€1,190 | +3.4% |
| Financial income | 75/76B | €93 | €1,455 | +€1,361 | +1456.6% |
| Recurring financial income | 75 | €93 | €1,455 | +€1,361 | +1456.6% |
| Financial charges | 65/66B | €7,025 | €4,329 | -€2,695 | -38.4% |
| Recurring financial charges | 65 | €7,025 | €4,329 | -€2,695 | -38.4% |
| Profit (loss) for the period before taxes | 9903 | €28,327 | €33,573 | +€5,246 | +18.5% |
| Income taxes | 67/77 | €6,410 | €9,950 | +€3,539 | +55.2% |
| Profit (loss) for the period | 9904 | €21,916 | €23,623 | +€1,707 | +7.8% |
| Profit (loss) for the period to be appropriated | 9905 | €21,916 | €23,623 | +€1,707 | +7.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.