Beldoye: 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.
Beldoye
Largest movements
- Receivables within one year -€385,120
down €385,120 (-77.8%), from €495,142 to €110,022
of which Trade receivables: -€392,773
- Cash +€23,900
up €23,900 (+212.0%), from €11,275 to €35,175
mainly Receivables within one year (+€385,120) and Net result for the year (+€114,075)
- Trade debts -€388,493
down €388,493 (-91.4%), from €425,170 to €36,677
- Profit (loss) carried forward +€114,075
up €114,075 (+26.0%), from €439,279 to €553,354
- Other debts -€86,802
down €86,802 (-10.0%), from €864,185 to €777,382
- Gross operating margin -€19,801
down €19,801 (-14.5%), from €136,365 to €116,564
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 | €1,764,816 | €1,403,596 | -€361,220 | -20.5% |
| Fixed assets | 21/28 | €1,258,399 | €1,258,399 | = | 0.0% |
| Financial fixed assets | 28 | €1,258,399 | €1,258,399 | = | 0.0% |
| Current assets | 29/58 | €506,417 | €145,197 | -€361,220 | -71.3% |
| Amounts receivable within one year | 40/41 | €495,142 | €110,022 | -€385,120 | -77.8% |
| Trade receivables | 40 | €408,301 | €15,528 | -€392,773 | -96.2% |
| Other amounts receivable | 41 | €86,841 | €94,494 | +€7,653 | +8.8% |
| Cash at bank and in hand | 54/58 | €11,275 | €35,175 | +€23,900 | +212.0% |
| Total equity and liabilities | 10/49 | €1,764,816 | €1,403,596 | -€361,220 | -20.5% |
| Equity | 10/15 | €447,334 | €561,409 | +€114,075 | +25.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,855 | €1,855 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Profit (loss) carried forward | 14 | €439,279 | €553,354 | +€114,075 | +26.0% |
| Amounts payable | 17/49 | €1,317,482 | €842,187 | -€475,295 | -36.1% |
| Amounts payable within one year | 42/48 | €1,317,482 | €842,187 | -€475,295 | -36.1% |
| Trade debts | 44 | €425,170 | €36,677 | -€388,493 | -91.4% |
| Suppliers | 440/4 | €425,170 | €36,677 | -€388,493 | -91.4% |
| Taxes, remuneration and social security | 45 | €28,127 | €28,127 | = | 0.0% |
| Taxes | 450/3 | €28,127 | €28,127 | = | 0.0% |
| Other amounts payable | 47/48 | €864,185 | €777,382 | -€86,802 | -10.0% |
| Other operating charges | 640/8 | €1,120 | €998 | -€122 | -10.8% |
| Gross operating margin | 9900 | €136,365 | €116,564 | -€19,801 | -14.5% |
| Operating profit (loss) | 9901 | €135,245 | €115,566 | -€19,679 | -14.6% |
| Financial charges | 65/66B | €1,695 | €1,491 | -€204 | -12.0% |
| Recurring financial charges | 65 | €1,695 | €1,491 | -€204 | -12.0% |
| Profit (loss) for the period before taxes | 9903 | €133,550 | €114,075 | -€19,475 | -14.6% |
| Profit (loss) for the period | 9904 | €133,550 | €114,075 | -€19,475 | -14.6% |
| Profit (loss) for the period to be appropriated | 9905 | €133,550 | €114,075 | -€19,475 | -14.6% |
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 7 October 2026 via checked.be.