BELDUR HOLDING: 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.
BELDUR HOLDING
Largest movements
- Receivables within one year -€13,064
down €13,064 (-62.3%), from €20,983 to €7,919
of which Trade receivables: -€12,053
- Other debts -€22,740
down €22,740 (-4.7%), from €486,005 to €463,266
- Profit (loss) carried forward +€21,023
up €21,023 (+5.2%), from -€406,884 to -€385,861
- Trade debts -€12,798
down €12,798 (-97.8%), from €13,086 to €288
- Financial income +€23,001
up €23,001 (+50518.1%), from €46 to €23,046
- Depreciation -€2,022
down €2,022 (-58.1%), from €3,479 to €1,457
- Gross operating margin +€1,165
up €1,165 (+74.3%), from -€1,567 to -€402
- Other operating charges -€267
no longer reported in 2024 (was €267)
- Taxes +€117
new in 2024: €117
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €598,192 | €583,677 | -€14,514 | -2.4% |
| Fixed assets | 21/28 | €5,207 | €3,750 | -€1,457 | -28.0% |
| Tangible fixed assets | 22/27 | €5,207 | €3,750 | -€1,457 | -28.0% |
| Land and buildings | 22 | €3,750 | €3,750 | = | 0.0% |
| Plant, machinery and equipment | 23 | €143 | - | -€143 | |
| Furniture and vehicles | 24 | €1,314 | - | -€1,314 | |
| Current assets | 29/58 | €592,985 | €579,927 | -€13,057 | -2.2% |
| Stocks and contracts in progress | 3 | €571,836 | €571,836 | = | 0.0% |
| Stocks | 30/36 | €571,836 | €571,836 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €20,983 | €7,919 | -€13,064 | -62.3% |
| Trade receivables | 40 | €12,053 | - | -€12,053 | |
| Other amounts receivable | 41 | €8,930 | €7,919 | -€1,011 | -11.3% |
| Cash at bank and in hand | 54/58 | €166 | €172 | +€7 | +4.2% |
| Total equity and liabilities | 10/49 | €598,192 | €583,677 | -€14,514 | -2.4% |
| Equity | 10/15 | -€388,284 | -€367,261 | +€21,023 | +5.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | €18,600 | €18,600 | = | 0.0% |
| Other | 1109/19 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€406,884 | -€385,861 | +€21,023 | +5.2% |
| Amounts payable | 17/49 | €986,476 | €950,939 | -€35,537 | -3.6% |
| Amounts payable after more than one year | 17 | €487,385 | €487,385 | = | 0.0% |
| Financial debts | 170/4 | €487,385 | €487,385 | = | 0.0% |
| Amounts payable within one year | 42/48 | €499,091 | €463,553 | -€35,537 | -7.1% |
| Trade debts | 44 | €13,086 | €288 | -€12,798 | -97.8% |
| Suppliers | 440/4 | €13,086 | €288 | -€12,798 | -97.8% |
| Other amounts payable | 47/48 | €486,005 | €463,266 | -€22,740 | -4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,479 | €1,457 | -€2,022 | -58.1% |
| Other operating charges | 640/8 | €267 | - | -€267 | |
| Gross operating margin | 9900 | -€1,567 | -€402 | +€1,165 | +74.3% |
| Operating profit (loss) | 9901 | -€5,313 | -€1,859 | +€3,454 | +65.0% |
| Financial income | 75/76B | €46 | €23,046 | +€23,001 | +50518.1% |
| Recurring financial income | 75 | €46 | €23,046 | +€23,001 | +50518.1% |
| Financial charges | 65/66B | €42 | €47 | +€4 | +9.9% |
| Recurring financial charges | 65 | €42 | €47 | +€4 | +9.9% |
| Profit (loss) for the period before taxes | 9903 | -€5,310 | €21,141 | +€26,451 | |
| Income taxes | 67/77 | - | €117 | +€117 | |
| Profit (loss) for the period | 9904 | -€5,310 | €21,023 | +€26,333 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,310 | €21,023 | +€26,333 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.