BELGACLICK: 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.
BELGACLICK
Largest movements
- Cash +€23,244
up €23,244 (+9.3%), from €250,797 to €274,041
mainly Net result for the year (+€28,253) and Trade debts (+€4,470)
- Reserves +€28,253
up €28,253 (+13.7%), from €206,590 to €234,843
of which Distributable reserves: +€28,253
- Other debts -€11,774
down €11,774 (-43.0%), from €27,366 to €15,591
- Trade debts +€4,470
up €4,470 (+528%), from €847 to €5,316
- Gross operating margin -€3,618
down €3,618 (-8.3%), from €43,459 to €39,841
- Taxes -€1,615
down €1,615 (-11.8%), from €13,662 to €12,047
- Financial charges +€685
up €685 (+376%), from €182 to €867
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 | €282,039 | €305,294 | +€23,254 | +8.2% |
| Current assets | 29/58 | €282,039 | €305,294 | +€23,254 | +8.2% |
| Amounts receivable within one year | 40/41 | €31,243 | €31,253 | +€10 | 0.0% |
| Trade receivables | 40 | €30,855 | €30,855 | = | 0.0% |
| Other amounts receivable | 41 | €388 | €398 | +€10 | +2.7% |
| Cash at bank and in hand | 54/58 | €250,797 | €274,041 | +€23,244 | +9.3% |
| Deferred charges and accrued income | 490/1 | €0 | €0 | = | |
| Total equity and liabilities | 10/49 | €282,039 | €305,294 | +€23,254 | +8.2% |
| Equity | 10/15 | €225,190 | €253,443 | +€28,253 | +12.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €206,590 | €234,843 | +€28,253 | +13.7% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €204,730 | €232,983 | +€28,253 | +13.8% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €56,849 | €51,850 | -€4,999 | -8.8% |
| Amounts payable within one year | 42/48 | €56,849 | €51,850 | -€4,999 | -8.8% |
| Trade debts | 44 | €847 | €5,316 | +€4,470 | +528% |
| Suppliers | 440/4 | €847 | €5,316 | +€4,470 | +528% |
| Taxes, remuneration and social security | 45 | €28,637 | €30,943 | +€2,306 | +8.1% |
| Taxes | 450/3 | €28,637 | €30,943 | +€2,306 | +8.1% |
| Other amounts payable | 47/48 | €27,366 | €15,591 | -€11,774 | -43.0% |
| Gross operating margin | 9900 | €43,459 | €39,841 | -€3,618 | -8.3% |
| Operating profit (loss) | 9901 | €43,459 | €39,841 | -€3,618 | -8.3% |
| Financial income | 75/76B | €1,292 | €1,327 | +€35 | +2.7% |
| Recurring financial income | 75 | €1,292 | €1,327 | +€35 | +2.7% |
| Financial charges | 65/66B | €182 | €867 | +€685 | +376% |
| Recurring financial charges | 65 | €182 | €867 | +€685 | +376% |
| Profit (loss) for the period before taxes | 9903 | €44,569 | €40,300 | -€4,269 | -9.6% |
| Income taxes | 67/77 | €13,662 | €12,047 | -€1,615 | -11.8% |
| Profit (loss) for the period | 9904 | €30,907 | €28,253 | -€2,654 | -8.6% |
| Profit (loss) for the period to be appropriated | 9905 | €30,907 | €28,253 | -€2,654 | -8.6% |
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 18 October 2026 via checked.be.