BELEKO: 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.
BELEKO
Largest movements
- Receivables within one year -€8,834
down €8,834 (-22.0%), from €40,115 to €31,282
of which Trade receivables: -€8,834
- Cash -€557
down €557 (-90.3%), from €617 to €60
mainly Other debts (-€119,975) and Tax, wage and social debts (-€2,906)
- Other debts -€119,975
down €119,975 (-43.0%), from €278,763 to €158,787
- Profit (loss) carried forward +€69,913
up €69,913 (+18.5%), from -€378,195 to -€308,282
- Accrued charges and deferred income +€28,063
up €28,063 (+165.1%), from €16,993 to €45,056
- Trade debts +€15,516
up €15,516 (+152.2%), from €10,191 to €25,707
- Tax, wage and social debts -€2,906
down €2,906 (-8.8%), from €32,980 to €30,073
of which Taxes: -€6,764
- Gross operating margin +€5,859
up €5,859 (+5.4%), from €109,320 to €115,179
- Other operating charges +€4,586
up €4,586 (+929.3%), from €493 to €5,079
- Financial income +€4,498
new in 2024: €4,498
- Staff costs +€3,122
up €3,122 (+7.6%), from €41,206 to €44,328
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 | €40,732 | €31,341 | -€9,391 | -23.1% |
| Current assets | 29/58 | €40,732 | €31,341 | -€9,391 | -23.1% |
| Amounts receivable within one year | 40/41 | €40,115 | €31,282 | -€8,834 | -22.0% |
| Trade receivables | 40 | €39,780 | €30,946 | -€8,834 | -22.2% |
| Other amounts receivable | 41 | €335 | €335 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €617 | €60 | -€557 | -90.3% |
| Total equity and liabilities | 10/49 | €40,732 | €31,341 | -€9,391 | -23.1% |
| Equity | 10/15 | -€298,195 | -€228,282 | +€69,913 | +23.4% |
| Contributions | 10/11 | €80,000 | €80,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€378,195 | -€308,282 | +€69,913 | +18.5% |
| Amounts payable | 17/49 | €338,927 | €259,623 | -€79,303 | -23.4% |
| Amounts payable within one year | 42/48 | €321,934 | €214,567 | -€107,366 | -33.4% |
| Trade debts | 44 | €10,191 | €25,707 | +€15,516 | +152.2% |
| Suppliers | 440/4 | €10,191 | €25,707 | +€15,516 | +152.2% |
| Taxes, remuneration and social security | 45 | €32,980 | €30,073 | -€2,906 | -8.8% |
| Taxes | 450/3 | €25,730 | €18,966 | -€6,764 | -26.3% |
| Remuneration and social security | 454/9 | €7,250 | €11,107 | +€3,858 | +53.2% |
| Other amounts payable | 47/48 | €278,763 | €158,787 | -€119,975 | -43.0% |
| Accrued charges and deferred income | 492/3 | €16,993 | €45,056 | +€28,063 | +165.1% |
| Remuneration, social security and pensions | 62 | €41,206 | €44,328 | +€3,122 | +7.6% |
| Other operating charges | 640/8 | €493 | €5,079 | +€4,586 | +929.3% |
| Gross operating margin | 9900 | €109,320 | €115,179 | +€5,859 | +5.4% |
| Operating profit (loss) | 9901 | €67,620 | €65,772 | -€1,849 | -2.7% |
| Financial income | 75/76B | - | €4,498 | +€4,498 | |
| Recurring financial income | 75 | - | €4,498 | +€4,498 | |
| Financial charges | 65/66B | €1,173 | €357 | -€816 | -69.6% |
| Recurring financial charges | 65 | €1,173 | €357 | -€816 | -69.6% |
| Profit (loss) for the period before taxes | 9903 | €66,447 | €69,913 | +€3,466 | +5.2% |
| Profit (loss) for the period | 9904 | €66,447 | €69,913 | +€3,466 | +5.2% |
| Profit (loss) for the period to be appropriated | 9905 | €66,447 | €69,913 | +€3,466 | +5.2% |
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 8 October 2026 via checked.be.