BELGATE: 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.
BELGATE
Largest movements
- Tangible fixed assets -€23,068
down €23,068 (-5.8%), from €395,201 to €372,133
- Profit (loss) carried forward -€34,012
down €34,012 (-7.2%), from -€475,680 to -€509,692
- Other debts +€12,599
up €12,599 (+1.5%), from €844,702 to €857,301
- Gross operating margin -€154
down €154 (-1.9%), from -€8,172 to -€8,326
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 | €397,228 | €373,999 | -€23,229 | -5.8% |
| Fixed assets | 21/28 | €395,201 | €372,133 | -€23,068 | -5.8% |
| Tangible fixed assets | 22/27 | €395,201 | €372,133 | -€23,068 | -5.8% |
| Land and buildings | 22 | €395,201 | €372,133 | -€23,068 | -5.8% |
| Current assets | 29/58 | €2,027 | €1,866 | -€161 | -7.9% |
| Cash at bank and in hand | 54/58 | €2,027 | €1,866 | -€161 | -7.9% |
| Total equity and liabilities | 10/49 | €397,228 | €373,999 | -€23,229 | -5.8% |
| Equity | 10/15 | -€457,080 | -€491,092 | -€34,012 | -7.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€475,680 | -€509,692 | -€34,012 | -7.2% |
| Amounts payable | 17/49 | €854,308 | €865,090 | +€10,783 | +1.3% |
| Amounts payable within one year | 42/48 | €854,244 | €864,041 | +€9,797 | +1.1% |
| Trade debts | 44 | €9,542 | €6,740 | -€2,802 | -29.4% |
| Suppliers | 440/4 | €9,542 | €6,740 | -€2,802 | -29.4% |
| Other amounts payable | 47/48 | €844,702 | €857,301 | +€12,599 | +1.5% |
| Accrued charges and deferred income | 492/3 | €64 | €1,049 | +€986 | +1549.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,068 | €23,068 | = | 0.0% |
| Other operating charges | 640/8 | €2,377 | €2,451 | +€73 | +3.1% |
| Gross operating margin | 9900 | -€8,172 | -€8,326 | -€154 | -1.9% |
| Operating profit (loss) | 9901 | -€33,618 | -€33,845 | -€227 | -0.7% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €167 | €168 | +€1 | +0.3% |
| Recurring financial charges | 65 | €167 | €168 | +€1 | +0.3% |
| Profit (loss) for the period before taxes | 9903 | -€33,785 | -€34,012 | -€227 | -0.7% |
| Profit (loss) for the period | 9904 | -€33,785 | -€34,012 | -€227 | -0.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€33,785 | -€34,012 | -€227 | -0.7% |
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 28 September 2026 via checked.be.