BELGA COMPUTER: 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.
BELGA COMPUTER
Largest movements
- Cash -€55,488
down €55,488 (-82.3%), from €67,459 to €11,971
mainly Receivables within one year (-€43,924) and Trade debts (-€36,225)
- Receivables within one year +€43,924
up €43,924 (+444%), from €9,893 to €53,817
of which Trade receivables: +€44,623
- Tangible fixed assets +€918
up €918 (+39.0%), from €2,353 to €3,270
of which Furniture and vehicles: +€1,726
- Trade debts -€36,225
down €36,225 (-69.7%), from €51,946 to €15,721
- Profit (loss) carried forward +€20,429
up €20,429 (+182%), from €11,250 to €31,679
- Tax, wage and social debts +€4,690
up €4,690 (+28.9%), from €16,209 to €20,899
- Gross operating margin +€18,697
up €18,697 (+130%), from €14,335 to €33,032
- Taxes +€5,116
up €5,116 (+121%), from €4,215 to €9,331
- Other operating charges +€1,872
up €1,872 (+443%), from €423 to €2,295
- Depreciation +€808
up €808 (+1,144%), from €71 to €878
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
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 | €79,705 | €69,058 | -€10,647 | -13.4% |
| Fixed assets | 21/28 | €2,353 | €3,270 | +€918 | +39.0% |
| Tangible fixed assets | 22/27 | €2,353 | €3,270 | +€918 | +39.0% |
| Plant, machinery and equipment | 23 | €2,353 | €1,545 | -€808 | -34.3% |
| Furniture and vehicles | 24 | - | €1,726 | +€1,726 | |
| Current assets | 29/58 | €77,352 | €65,787 | -€11,564 | -15.0% |
| Amounts receivable within one year | 40/41 | €9,893 | €53,817 | +€43,924 | +444% |
| Trade receivables | 40 | €9,194 | €53,817 | +€44,623 | +485% |
| Other amounts receivable | 41 | €699 | €0 | -€699 | -100% |
| Cash at bank and in hand | 54/58 | €67,459 | €11,971 | -€55,488 | -82.3% |
| Total equity and liabilities | 10/49 | €79,705 | €69,058 | -€10,647 | -13.4% |
| Equity | 10/15 | €11,550 | €31,979 | +€20,429 | +177% |
| Contributions | 10/11 | €300 | €300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,250 | €31,679 | +€20,429 | +182% |
| Amounts payable | 17/49 | €68,155 | €37,078 | -€31,076 | -45.6% |
| Amounts payable within one year | 42/48 | €68,155 | €37,078 | -€31,076 | -45.6% |
| Financial debts | 43 | - | €25 | +€25 | |
| Credit institutions | 430/8 | - | €25 | +€25 | |
| Trade debts | 44 | €51,946 | €15,721 | -€36,225 | -69.7% |
| Suppliers | 440/4 | €51,946 | €15,721 | -€36,225 | -69.7% |
| Taxes, remuneration and social security | 45 | €16,209 | €20,899 | +€4,690 | +28.9% |
| Taxes | 450/3 | €16,209 | €20,899 | +€4,690 | +28.9% |
| Other amounts payable | 47/48 | - | €433 | +€433 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71 | €878 | +€808 | +1,144% |
| Other operating charges | 640/8 | €423 | €2,295 | +€1,872 | +443% |
| Non-recurring operating charges | 66A | €261 | €0 | -€261 | -100% |
| Gross operating margin | 9900 | €14,335 | €33,032 | +€18,697 | +130% |
| Operating profit (loss) | 9901 | €13,580 | €29,859 | +€16,279 | +120% |
| Financial income | 75/76B | €96 | €9 | -€86 | -90.4% |
| Recurring financial income | 75 | €96 | €9 | -€86 | -90.4% |
| Financial charges | 65/66B | €99 | €108 | +€9 | +8.6% |
| Recurring financial charges | 65 | €99 | €108 | +€9 | +8.6% |
| Profit (loss) for the period before taxes | 9903 | €13,576 | €29,760 | +€16,184 | +119% |
| Income taxes | 67/77 | €4,215 | €9,331 | +€5,116 | +121% |
| Profit (loss) for the period | 9904 | €9,361 | €20,429 | +€11,068 | +118% |
| Profit (loss) for the period to be appropriated | 9905 | €9,361 | €20,429 | +€11,068 | +118% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.