BELGATRONIC: 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.
BELGATRONIC
Largest movements
- Receivables within one year -€1,113
down €1,113 (-47.2%), from €2,357 to €1,245
of which Trade receivables: -€1,118
- Cash +€540
up €540 (+1.5%), from €35,984 to €36,524
mainly Receivables within one year (+€1,113)
- Profit (loss) carried forward -€573
down €573 (-16.8%), from €3,413 to €2,841
- Other operating charges +€631
up €631 (+163%), from €387 to €1,018
- Gross operating margin +€52
up €52 (+11.8%), from €436 to €488
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 | €38,341 | €37,769 | -€573 | -1.5% |
| Current assets | 29/58 | €38,341 | €37,769 | -€573 | -1.5% |
| Amounts receivable within one year | 40/41 | €2,357 | €1,245 | -€1,113 | -47.2% |
| Trade receivables | 40 | €2,218 | €1,100 | -€1,118 | -50.4% |
| Other amounts receivable | 41 | €139 | €145 | +€6 | +4.2% |
| Cash at bank and in hand | 54/58 | €35,984 | €36,524 | +€540 | +1.5% |
| Total equity and liabilities | 10/49 | €38,341 | €37,769 | -€573 | -1.5% |
| Equity | 10/15 | €37,499 | €36,926 | -€573 | -1.5% |
| Contributions | 10/11 | €30,987 | €30,987 | = | 0.0% |
| Capital | 10 | €30,987 | €30,987 | = | 0.0% |
| Issued capital | 100 | €30,987 | €30,987 | = | 0.0% |
| Reserves | 13 | €3,099 | €3,099 | = | 0.0% |
| Non-distributable reserves | 130/1 | €3,099 | €3,099 | = | 0.0% |
| Legal reserve | 130 | €3,099 | €3,099 | = | 0.0% |
| Profit (loss) carried forward | 14 | €3,413 | €2,841 | -€573 | -16.8% |
| Amounts payable | 17/49 | €842 | €842 | = | 0.0% |
| Amounts payable within one year | 42/48 | €842 | €842 | = | 0.0% |
| Trade debts | 44 | €666 | €666 | = | 0.0% |
| Suppliers | 440/4 | €666 | €666 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €0 | €0 | = | |
| Taxes | 450/3 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €177 | €177 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €1,018 | +€631 | +163% |
| Gross operating margin | 9900 | €436 | €488 | +€52 | +11.8% |
| Operating profit (loss) | 9901 | €49 | -€530 | -€579 | |
| Financial charges | 65/66B | €40 | €42 | +€2 | +6.1% |
| Recurring financial charges | 65 | €40 | €42 | +€2 | +6.1% |
| Profit (loss) for the period before taxes | 9903 | €9 | -€573 | -€582 | |
| Profit (loss) for the period | 9904 | €9 | -€573 | -€582 | |
| Profit (loss) for the period to be appropriated | 9905 | €9 | -€573 | -€582 |
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 19 October 2026 via checked.be.