BELDI GROEP
Open bankruptcyFinancials · financial year 2024, micro format
Turnover
€637,432▲ 26.2%
2023 · €505,087
EBIT margin
18.1%▲ 1.0pp
2023 · 17.1%
Net result
€79,725▲ 30.3%
2023 · €61,206
Working capital
€120,011▲ 221%
2023 · €37,403
Trend over the years
2023 to 2024, 2 financial years
The operating result rises in 2024; 2024 is 33% above 2023.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Turnover€637,432
2024
Operating result€115,213
2024
Net result€79,725
2024
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€158,405
2024
Equity€140,931
2024
Debt€17,474
2024
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€120,011
2024
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
EBIT margin18.1%
2024
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20232024
Turnover€505,087-€637,432▲ 26.2%
Operating result€86,353-€115,213▲ 33.4%
Net result€61,206-€79,725▲ 30.3%
EBIT margin17.1%-18.1%▲ 1.0pp
Equity€61,206-€140,931▲ 130%
Total assets€72,909-€158,405▲ 117%
Debt€11,703-€17,474▲ 49.3%
Working capital€37,403-€120,011▲ 221%
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €158,405
Fixed assets
€21,922 ▼ 9.3%
Current assets
€136,483 ▲ 180%
Equity and liabilities €158,405
Equity
€140,931 ▲ 130%
Debt
€17,474 ▲ 49.3%
Debt's share of the balance-sheet total falls from 16.1% to 11.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€119,471▲
2023 · €89,984
Cash flow
€83,983▲
2023 · €64,837
Current ratio
8.29▲
2023 · 4.30
Debt to equity
0.12▼
2023 · 0.19
ROE
56.6%▼
2023 · 100.0%
ROA
50.3%▼
2023 · 83.9%
Interest coverage
over 100
2023 · over 100
Debt ≤ 1 year
€16,472▲
2023 · €11,334
Income taxes
€35,000▲
2023 · €25,000
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Turnover70 | €505,087 | €637,432 | ▲ 26.2% |
| Goods, raw materials, services and sundry goods60/61 | €414,101 | €516,741 | ▲ 24.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3,631 | €4,258 | ▲ 17.3% |
| Other operating charges640/8 | €1,002 | €1,220 | ▲ 21.8% |
| Gross operating margin9900 | €90,986 | €120,691 | ▲ 32.6% |
| Operating profit (loss)9901 | €86,353 | €115,213 | ▲ 33.4% |
| Financial charges65/66B | €147 | €477 | ▲ 224% |
| Recurring financial charges65 | €147 | €477 | ▲ 224% |
| Profit (loss) for the period before taxes9903 | €86,206 | €114,736 | ▲ 33.1% |
| Transfer to deferred taxes680 | - | €11 | - |
| Income taxes67/77 | €25,000 | €35,000 | ▲ 40.0% |
| Profit (loss) for the period9904 | €61,206 | €79,725 | ▲ 30.3% |
| Profit (loss) for the period to be appropriated9905 | €61,206 | €79,725 | ▲ 30.3% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €72,909 | €158,405 | ▲ 117% |
| Fixed assets21/28 | €24,172 | €21,922 | ▼ 9.3% |
| Tangible fixed assets22/27 | €24,172 | €21,922 | ▼ 9.3% |
| Plant, machinery and equipment23 | €20,474 | €19,871 | ▼ 2.9% |
| Furniture and vehicles24 | €3,698 | €2,051 | ▼ 44.5% |
| Current assets29/58 | €48,737 | €136,483 | ▲ 180% |
| Amounts receivable within one year40/41 | €45,236 | €74,874 | ▲ 65.5% |
| Trade receivables40 | €45,236 | €74,874 | ▲ 65.5% |
| Cash at bank and in hand54/58 | €3,137 | €61,022 | ▲ 19× |
| Deferred charges and accrued income490/1 | €364 | €587 | ▲ 61.3% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €72,909 | €158,405 | ▲ 117% |
| Equity10/15 | €61,206 | €140,931 | ▲ 130% |
| Profit (loss) carried forward14 | €61,206 | €140,931 | ▲ 130% |
| Amounts payable17/49 | €11,703 | €17,474 | ▲ 49.3% |
| Amounts payable within one year42/48 | €11,334 | €16,472 | ▲ 45.3% |
| Trade debts44 | €10,047 | €15,774 | ▲ 57.0% |
| Suppliers440/4 | €10,047 | €15,774 | ▲ 57.0% |
| Other amounts payable47/48 | €1,287 | €698 | ▼ 45.8% |
| Accrued charges and deferred income492/3 | €369 | €1,002 | ▲ 172% |
| Line | 2023 | 2024 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €61,206 | €79,725 | ▲ 30.3% |
| + Depreciation and write-downs630 | €3,631 | €4,258 | ▲ 17.3% |
| Operating cash flow (approximation) | €64,837 | €83,983 | ▲ 29.5% |
| Investment in fixed assets (approximation) | - | -€2,008 | - |
| Change in cash | - | €57,885 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | micro format | 06-02-2025 | 2025-00029945 |
| 31-12-2023 | micro format | 14-01-2025 | 2025-00005804 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.