BELDI-ELECTRO: 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.
BELDI-ELECTRO
Largest movements
No asset line moved by more than 1% of the balance sheet total.
No liability line moved by more than 1% of the balance sheet total.
- Other operating charges -€405
down €405 (-50.3%), from €804 to €400
- Gross operating margin +€115
no longer reported in 2025 (was -€115)
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.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €79,237 | €78,837 | -€400 | -0.5% |
| Current assets | 29/58 | €79,237 | €78,837 | -€400 | -0.5% |
| Amounts receivable within one year | 40/41 | €79,237 | €78,837 | -€400 | -0.5% |
| Other amounts receivable | 41 | €79,237 | €78,837 | -€400 | -0.5% |
| Total equity and liabilities | 10/49 | €79,237 | €78,837 | -€400 | -0.5% |
| Equity | 10/15 | €79,237 | €78,837 | -€400 | -0.5% |
| Contributions | 10/11 | €12,521 | €12,521 | = | 0.0% |
| Reserves | 13 | €67,260 | €67,260 | = | 0.0% |
| 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 | €65,400 | €65,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€544 | -€944 | -€400 | -73.4% |
| Other operating charges | 640/8 | €804 | €400 | -€405 | -50.3% |
| Gross operating margin | 9900 | -€115 | - | +€115 | |
| Operating profit (loss) | 9901 | -€919 | -€400 | +€519 | +56.5% |
| Profit (loss) for the period before taxes | 9903 | -€919 | -€400 | +€519 | +56.5% |
| Profit (loss) for the period | 9904 | -€919 | -€400 | +€519 | +56.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€919 | -€400 | +€519 | +56.5% |
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 19 October 2026 via checked.be.