BELGA MOBILE: 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 MOBILE
Largest movements
- Stocks and contracts -€443,147
down €443,147 (-93.1%), from €475,766 to €32,619
- Receivables within one year +€28,544
up €28,544 (+43.0%), from €66,340 to €94,884
of which Trade receivables: +€20,719
- Tangible fixed assets -€12,263
down €12,263 (-62.0%), from €19,777 to €7,514
of which Furniture and vehicles: -€9,873
- Trade debts -€298,933
no longer reported in 2025 (was €298,933)
- Profit (loss) carried forward -€163,796
down €163,796 (-50.9%), from €321,754 to €157,958
- Tax, wage and social debts +€37,563
up €37,563 (+76.8%), from €48,923 to €86,485
of which Taxes: +€25,664
- Gross operating margin -€230,124
down €230,124, from €207,778 to -€22,346
- Financial charges -€50,188
down €50,188 (-95.1%), from €52,749 to €2,561
- Staff costs -€15,610
down €15,610 (-12.0%), from €130,084 to €114,473
- Depreciation -€2,612
down €2,612 (-14.7%), from €17,717 to €15,105
- Taxes +€2,560
up €2,560 (+59.4%), from €4,306 to €6,866
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 | €694,227 | €268,251 | -€425,976 | -61.4% |
| Fixed assets | 21/28 | €46,038 | €32,315 | -€13,724 | -29.8% |
| Intangible fixed assets | 21 | €9,131 | €6,289 | -€2,842 | -31.1% |
| Tangible fixed assets | 22/27 | €19,777 | €7,514 | -€12,263 | -62.0% |
| Furniture and vehicles | 24 | €12,408 | €2,535 | -€9,873 | -79.6% |
| Other tangible fixed assets | 26 | €7,368 | €4,979 | -€2,389 | -32.4% |
| Financial fixed assets | 28 | €17,131 | €18,512 | +€1,381 | +8.1% |
| Current assets | 29/58 | €648,189 | €235,936 | -€412,252 | -63.6% |
| Stocks and contracts in progress | 3 | €475,766 | €32,619 | -€443,147 | -93.1% |
| Stocks | 30/36 | €475,766 | €32,619 | -€443,147 | -93.1% |
| Amounts receivable within one year | 40/41 | €66,340 | €94,884 | +€28,544 | +43.0% |
| Trade receivables | 40 | €66,340 | €87,059 | +€20,719 | +31.2% |
| Other amounts receivable | 41 | - | €7,825 | +€7,825 | |
| Cash at bank and in hand | 54/58 | €100,548 | €102,899 | +€2,351 | +2.3% |
| Deferred charges and accrued income | 490/1 | €5,535 | €5,535 | = | 0.0% |
| Total equity and liabilities | 10/49 | €694,227 | €268,251 | -€425,976 | -61.4% |
| Equity | 10/15 | €339,809 | €178,363 | -€161,446 | -47.5% |
| Contributions | 10/11 | €16,200 | €18,550 | +€2,350 | +14.5% |
| 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 | €321,754 | €157,958 | -€163,796 | -50.9% |
| Amounts payable | 17/49 | €354,418 | €89,888 | -€264,530 | -74.6% |
| Amounts payable within one year | 42/48 | €351,418 | €86,888 | -€264,530 | -75.3% |
| Trade debts | 44 | €298,933 | - | -€298,933 | |
| Suppliers | 440/4 | €298,933 | - | -€298,933 | |
| Taxes, remuneration and social security | 45 | €48,923 | €86,485 | +€37,563 | +76.8% |
| Taxes | 450/3 | €11,884 | €37,548 | +€25,664 | +216% |
| Remuneration and social security | 454/9 | €37,039 | €48,937 | +€11,899 | +32.1% |
| Other amounts payable | 47/48 | €3,562 | €403 | -€3,159 | -88.7% |
| Accrued charges and deferred income | 492/3 | €3,000 | €3,000 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €130,084 | €114,473 | -€15,610 | -12.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,717 | €15,105 | -€2,612 | -14.7% |
| Other operating charges | 640/8 | €1,088 | €2,446 | +€1,358 | +125% |
| Gross operating margin | 9900 | €207,778 | -€22,346 | -€230,124 | |
| Operating profit (loss) | 9901 | €58,889 | -€154,370 | -€213,259 | |
| Financial income | 75/76B | €7 | €1 | -€7 | -91.4% |
| Recurring financial income | 75 | €7 | €1 | -€7 | -91.4% |
| Financial charges | 65/66B | €52,749 | €2,561 | -€50,188 | -95.1% |
| Recurring financial charges | 65 | €52,749 | €2,561 | -€50,188 | -95.1% |
| Profit (loss) for the period before taxes | 9903 | €6,148 | -€156,930 | -€163,078 | |
| Income taxes | 67/77 | €4,306 | €6,866 | +€2,560 | +59.4% |
| Profit (loss) for the period | 9904 | €1,842 | -€163,796 | -€165,638 | |
| Profit (loss) for the period to be appropriated | 9905 | €1,842 | -€163,796 | -€165,638 |
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 16 October 2026 via checked.be.