BELEMC TECHNOLOGY: what changed
BELEMC TECHNOLOGY
Largest movements
- Deferred charges and accrued income +€3,636
up €3,636 (+302%), from €1,204 to €4,839
- Receivables within one year +€3,084
up €3,084 (+47.7%), from €6,471 to €9,555
of which Trade receivables: +€3,185
- Intangible fixed assets +€2,648
up €2,648 (+27.6%), from €9,582 to €12,230
- Cash -€1,183
down €1,183 (-21.1%), from €5,596 to €4,412
mainly Investment in fixed assets (net) (-€8,000) and Deferred charges and accrued income (-€3,636)
- Tangible fixed assets -€367
down €367 (-44.7%), from €820 to €453
- Other debts +€4,280
up €4,280 (+367%), from €1,167 to €5,446
- Trade debts +€2,522
up €2,522 (+151%), from €1,671 to €4,192
- Profit (loss) carried forward +€1,226
up €1,226 (+21.5%), from €5,706 to €6,931
- Depreciation +€3,850
up €3,850 (+206%), from €1,869 to €5,719
- Gross operating margin +€2,398
up €2,398 (+20.0%), from €11,987 to €14,385
- Financial charges +€1,464
up €1,464 (+1,215%), from €120 to €1,584
- Other operating charges +€825
new in 2025: €825
- Taxes +€739
up €739 (+28.2%), from €2,626 to €3,365
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €23,671 | €31,489 | +€7,818 | +33.0% |
| Fixed assets | 21/28 | €10,402 | €12,683 | +€2,281 | +21.9% |
| Intangible fixed assets | 21 | €9,582 | €12,230 | +€2,648 | +27.6% |
| Tangible fixed assets | 22/27 | €820 | €453 | -€367 | -44.7% |
| Furniture and vehicles | 24 | €820 | €453 | -€367 | -44.7% |
| Current assets | 29/58 | €13,270 | €18,806 | +€5,537 | +41.7% |
| Amounts receivable within one year | 40/41 | €6,471 | €9,555 | +€3,084 | +47.7% |
| Trade receivables | 40 | €6,370 | €9,555 | +€3,185 | +50.0% |
| Other amounts receivable | 41 | €101 | €0 | -€101 | -100% |
| Cash at bank and in hand | 54/58 | €5,596 | €4,412 | -€1,183 | -21.1% |
| Deferred charges and accrued income | 490/1 | €1,204 | €4,839 | +€3,636 | +302% |
| Total equity and liabilities | 10/49 | €23,671 | €31,489 | +€7,818 | +33.0% |
| Equity | 10/15 | €7,206 | €8,431 | +€1,226 | +17.0% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,706 | €6,931 | +€1,226 | +21.5% |
| Amounts payable | 17/49 | €16,466 | €23,058 | +€6,592 | +40.0% |
| Amounts payable within one year | 42/48 | €16,466 | €23,058 | +€6,592 | +40.0% |
| Trade debts | 44 | €1,671 | €4,192 | +€2,522 | +151% |
| Suppliers | 440/4 | €1,671 | €4,192 | +€2,522 | +151% |
| Taxes, remuneration and social security | 45 | €13,629 | €13,420 | -€209 | -1.5% |
| Taxes | 450/3 | €8,653 | €13,420 | +€4,767 | +55.1% |
| Remuneration and social security | 454/9 | €4,976 | €0 | -€4,976 | -100% |
| Other amounts payable | 47/48 | €1,167 | €5,446 | +€4,280 | +367% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,869 | €5,719 | +€3,850 | +206% |
| Other operating charges | 640/8 | - | €825 | +€825 | |
| Gross operating margin | 9900 | €11,987 | €14,385 | +€2,398 | +20.0% |
| Operating profit (loss) | 9901 | €10,118 | €7,841 | -€2,277 | -22.5% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100% |
| Financial charges | 65/66B | €120 | €1,584 | +€1,464 | +1,215% |
| Recurring financial charges | 65 | €120 | €1,584 | +€1,464 | +1,215% |
| Profit (loss) for the period before taxes | 9903 | €9,997 | €6,257 | -€3,740 | -37.4% |
| Income taxes | 67/77 | €2,626 | €3,365 | +€739 | +28.2% |
| Profit (loss) for the period | 9904 | €7,372 | €2,892 | -€4,480 | -60.8% |
| Profit (loss) for the period to be appropriated | 9905 | €7,372 | €2,892 | -€4,480 | -60.8% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.