BELDENTA: 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.
BELDENTA
Largest movements
- Receivables within one year +€16,782
up €16,782 (+57.5%), from €29,201 to €45,983
of which Other amounts receivable: +€10,565
- Cash -€11,032
down €11,032 (-10.7%), from €103,397 to €92,365
mainly Tax, wage and social debts (-€26,246) and Receivables within one year (-€16,782)
- Tangible fixed assets -€5,473
down €5,473 (-71.3%), from €7,677 to €2,204
of which Furniture and vehicles: -€6,266
- Tax, wage and social debts -€26,246
down €26,246 (-73.2%), from €35,875 to €9,629
- Profit (loss) carried forward +€25,684
up €25,684 (+25.4%), from €100,998 to €126,682
- Gross operating margin +€1,944
up €1,944 (+4.8%), from €40,434 to €42,378
- Financial charges +€424
up €424 (+202.0%), from €210 to €634
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 | €141,293 | €141,278 | -€15 | 0.0% |
| Fixed assets | 21/28 | €7,677 | €2,204 | -€5,473 | -71.3% |
| Tangible fixed assets | 22/27 | €7,677 | €2,204 | -€5,473 | -71.3% |
| Plant, machinery and equipment | 23 | - | €792 | +€792 | |
| Furniture and vehicles | 24 | €7,677 | €1,412 | -€6,266 | -81.6% |
| Current assets | 29/58 | €133,616 | €139,074 | +€5,458 | +4.1% |
| Amounts receivable within one year | 40/41 | €29,201 | €45,983 | +€16,782 | +57.5% |
| Trade receivables | 40 | €6,093 | €12,310 | +€6,217 | +102.0% |
| Other amounts receivable | 41 | €23,108 | €33,673 | +€10,565 | +45.7% |
| Cash at bank and in hand | 54/58 | €103,397 | €92,365 | -€11,032 | -10.7% |
| Deferred charges and accrued income | 490/1 | €1,018 | €726 | -€292 | -28.6% |
| Total equity and liabilities | 10/49 | €141,293 | €141,278 | -€15 | 0.0% |
| Equity | 10/15 | €103,998 | €129,682 | +€25,684 | +24.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €100,998 | €126,682 | +€25,684 | +25.4% |
| Amounts payable | 17/49 | €37,295 | €11,596 | -€25,699 | -68.9% |
| Amounts payable within one year | 42/48 | €37,295 | €11,596 | -€25,699 | -68.9% |
| Trade debts | 44 | €560 | €1,133 | +€573 | +102.3% |
| Suppliers | 440/4 | €560 | €1,133 | +€573 | +102.3% |
| Taxes, remuneration and social security | 45 | €35,875 | €9,629 | -€26,246 | -73.2% |
| Taxes | 450/3 | €35,875 | €9,629 | -€26,246 | -73.2% |
| Other amounts payable | 47/48 | €859 | €833 | -€26 | -3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,237 | €6,525 | +€288 | +4.6% |
| Other operating charges | 640/8 | €537 | €752 | +€215 | +40.1% |
| Gross operating margin | 9900 | €40,434 | €42,378 | +€1,944 | +4.8% |
| Operating profit (loss) | 9901 | €33,660 | €35,101 | +€1,441 | +4.3% |
| Financial charges | 65/66B | €210 | €634 | +€424 | +202.0% |
| Recurring financial charges | 65 | €210 | €634 | +€424 | +202.0% |
| Profit (loss) for the period before taxes | 9903 | €33,450 | €34,467 | +€1,016 | +3.0% |
| Income taxes | 67/77 | €7,764 | €7,949 | +€185 | +2.4% |
| Profit (loss) for the period | 9904 | €25,686 | €26,517 | +€831 | +3.2% |
| Profit (loss) for the period to be appropriated | 9905 | €25,686 | €26,517 | +€831 | +3.2% |
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 4 October 2026 via checked.be.