BELGIUM CABLE PARK: what changed
What changed
BELGIUM CABLE PARK
NACE 47.639, Retail sale of other sporting goods
filed annual accounts (NBB)
Net result for the year
€159,616
2024 · -€162,048+€321,664
Equity
€1.0m
2024 · €862,459+€147,742
Cash
€142,827
2024 · €229,820-€86,994
Balance sheet total
€2.5m
2024 · €2.9m-€403,558
Largest movements
Assets
- Receivables within one year -€337,559
down €337,559 (-82.2%), from €410,577 to €73,018
of which Trade receivables: -€300,918
- Deferred charges and accrued income +€309,129
up €309,129 (+7,689%), from €4,020 to €313,149
- Current investments -€151,577
down €151,577 (-60.6%), from €250,000 to €98,423
- Tangible fixed assets -€128,385
down €128,385 (-6.5%), from €2.0m to €1.8m
- Cash -€86,994
down €86,994 (-37.9%), from €229,820 to €142,827
mainly Deferred charges and accrued income (-€309,129) and Trade debts (-€276,641)
Equity and liabilities
- Trade debts -€276,641
down €276,641 (-84.5%), from €327,249 to €50,607
- Debts after one year -€200,558
down €200,558 (-17.5%), from €1.1m to €945,975
- Reserves +€157,742
up €157,742 (+76.9%), from €205,221 to €362,963
of which Distributable reserves: +€157,742
- Other debts -€48,058
down €48,058 (-21.0%), from €229,369 to €181,311
Income statement
- Gross operating margin +€132,677
up €132,677 (+14.9%), from €888,761 to €1.0m
- Financial charges -€100,525
down €100,525 (-65.5%), from €153,388 to €52,863
- Staff costs -€53,948
down €53,948 (-10.0%), from €537,768 to €483,820
- Other operating charges -€35,272
down €35,272 (-79.6%), from €44,328 to €9,055
- Taxes +€27,729
up €27,729 (+16,793%), from €165 to €27,894
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€162,048
Gross operating margin
+€132,677
Staff costs
+€53,948
Depreciation
+€9,696
Other operating charges
+€35,272
Other operating items
+€18,016
Financial income
-€742
Financial charges
+€100,525
Taxes
-€27,729
Result 2025
€159,616
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€85,865
Investment
+€37,767
Financing
-€210,626
Cash 2024
€229,820
From operations (derived)
+€85,865
Net result for the year
+€159,616
Depreciation
+€250,745
Stocks and contracts
-€378
Receivables within one year
+€337,559
Deferred charges and accrued income
-€309,129
Trade debts
-€276,641
Tax, wage and social debts
-€19,203
Other debts
-€48,058
Accrued charges and deferred income
-€8,645
Investment (derived)
+€37,767
Investment in fixed assets (net)
-€113,810
Current investments
+€151,577
Financing
-€210,626
Debts after one year
-€200,558
Current portion of long-term debt
+€1,807
Contributions, distributions and other
-€11,874
Cash 2025
€142,827
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,870,709 | €2,467,152 | -€403,558 | -14.1% |
| Fixed assets | 21/28 | €1,974,062 | €1,837,127 | -€136,935 | -6.9% |
| Intangible fixed assets | 21 | €8,400 | - | -€8,400 | |
| Tangible fixed assets | 22/27 | €1,965,312 | €1,836,927 | -€128,385 | -6.5% |
| Land and buildings | 22 | €923,385 | €863,139 | -€60,246 | -6.5% |
| Plant, machinery and equipment | 23 | €796,742 | €741,540 | -€55,203 | -6.9% |
| Furniture and vehicles | 24 | €62,082 | €55,975 | -€6,107 | -9.8% |
| Other tangible fixed assets | 26 | €183,102 | €176,273 | -€6,829 | -3.7% |
| Financial fixed assets | 28 | €350 | €200 | -€150 | -42.9% |
| Current assets | 29/58 | €896,648 | €630,025 | -€266,622 | -29.7% |
| Stocks and contracts in progress | 3 | €2,230 | €2,608 | +€378 | +16.9% |
| Stocks | 30/36 | €2,230 | €2,608 | +€378 | +16.9% |
| Amounts receivable within one year | 40/41 | €410,577 | €73,018 | -€337,559 | -82.2% |
| Trade receivables | 40 | €310,889 | €9,971 | -€300,918 | -96.8% |
| Other amounts receivable | 41 | €99,688 | €63,048 | -€36,641 | -36.8% |
| Current investments | 50/53 | €250,000 | €98,423 | -€151,577 | -60.6% |
| Cash at bank and in hand | 54/58 | €229,820 | €142,827 | -€86,994 | -37.9% |
| Deferred charges and accrued income | 490/1 | €4,020 | €313,149 | +€309,129 | +7,689% |
| Total equity and liabilities | 10/49 | €2,870,709 | €2,467,152 | -€403,558 | -14.1% |
| Equity | 10/15 | €862,459 | €1,010,201 | +€147,742 | +17.1% |
| Contributions | 10/11 | €115,000 | €115,000 | = | 0.0% |
| Capital | 10 | €115,000 | €115,000 | = | 0.0% |
| Issued capital | 100 | €115,000 | €115,000 | = | 0.0% |
| Reserves | 13 | €205,221 | €362,963 | +€157,742 | +76.9% |
| Non-distributable reserves | 130/1 | €11,500 | €11,500 | = | 0.0% |
| Legal reserve | 130 | €11,500 | €11,500 | = | 0.0% |
| Tax-exempt reserves | 132 | €9,321 | €9,321 | = | 0.0% |
| Distributable reserves | 133 | €184,400 | €342,142 | +€157,742 | +85.5% |
| Profit (loss) carried forward | 14 | €392,238 | €392,238 | = | 0.0% |
| Investment grants | 15 | €150,000 | €140,000 | -€10,000 | -6.7% |
| Amounts payable | 17/49 | €2,008,251 | €1,456,951 | -€551,300 | -27.5% |
| Amounts payable after more than one year | 17 | €1,146,533 | €945,975 | -€200,558 | -17.5% |
| Financial debts | 170/4 | €1,146,533 | €945,975 | -€200,558 | -17.5% |
| Amounts payable within one year | 42/48 | €838,228 | €496,131 | -€342,096 | -40.8% |
| Current portion of amounts payable after more than one year | 42 | €199,575 | €201,382 | +€1,807 | +0.9% |
| Trade debts | 44 | €327,249 | €50,607 | -€276,641 | -84.5% |
| Suppliers | 440/4 | €327,249 | €50,607 | -€276,641 | -84.5% |
| Taxes, remuneration and social security | 45 | €82,034 | €62,831 | -€19,203 | -23.4% |
| Taxes | 450/3 | €21,468 | €15,818 | -€5,649 | -26.3% |
| Remuneration and social security | 454/9 | €60,567 | €47,013 | -€13,554 | -22.4% |
| Other amounts payable | 47/48 | €229,369 | €181,311 | -€48,058 | -21.0% |
| Accrued charges and deferred income | 492/3 | €23,490 | €14,845 | -€8,645 | -36.8% |
| Remuneration, social security and pensions | 62 | €537,768 | €483,820 | -€53,948 | -10.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €260,441 | €250,745 | -€9,696 | -3.7% |
| Other operating charges | 640/8 | €44,328 | €9,055 | -€35,272 | -79.6% |
| Non-recurring operating charges | 66A | €67,948 | €49,932 | -€18,016 | -26.5% |
| Gross operating margin | 9900 | €888,761 | €1,021,438 | +€132,677 | +14.9% |
| Operating profit (loss) | 9901 | -€21,723 | €227,886 | +€249,609 | |
| Financial income | 75/76B | €13,229 | €12,487 | -€742 | -5.6% |
| Recurring financial income | 75 | €13,229 | €12,487 | -€742 | -5.6% |
| Financial charges | 65/66B | €153,388 | €52,863 | -€100,525 | -65.5% |
| Recurring financial charges | 65 | €153,388 | €52,863 | -€100,525 | -65.5% |
| Profit (loss) for the period before taxes | 9903 | -€161,882 | €187,510 | +€349,393 | |
| Income taxes | 67/77 | €165 | €27,894 | +€27,729 | +16,793% |
| Profit (loss) for the period | 9904 | -€162,048 | €159,616 | +€321,664 | |
| Profit (loss) for the period to be appropriated | 9905 | -€162,048 | €159,616 | +€321,664 |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.