BELGIUM CELLULAR COMMUNICATION NETWORK: 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.
BELGIUM CELLULAR COMMUNICATION NETWORK
Largest movements
- Stocks and contracts -€115,944
down €115,944 (-20.6%), from €562,525 to €446,581
- Receivables within one year +€13,261
up €13,261 (+33.8%), from €39,281 to €52,542
of which Trade receivables: +€17,539
- Cash -€9,701
down €9,701 (-36.7%), from €26,400 to €16,699
mainly Tax, wage and social debts (-€31,569) and Net result for the year (-€27,170)
- Deferred charges and accrued income +€7,053
up €7,053 (+231%), from €3,057 to €10,110
- Tax, wage and social debts -€31,569
down €31,569 (-41.7%), from €75,666 to €44,097
of which Taxes: -€25,609
- Profit (loss) carried forward -€27,170
down €27,170 (-13.6%), from €200,411 to €173,241
- Trade debts -€21,306
down €21,306 (-18.7%), from €113,843 to €92,536
- Debts after one year -€18,408
down €18,408 (-60.8%), from €30,263 to €11,855
- Write-downs +€49,815
no longer reported in 2025 (was -€49,815)
- Gross operating margin +€30,053
up €30,053 (+37.4%), from €80,338 to €110,391
- Other operating charges +€29,432
up €29,432 (+1,207%), from €2,439 to €31,871
- Taxes -€18,086
down €18,086 (-59.7%), from €30,302 to €12,216
- Staff costs -€3,383
down €3,383 (-4.0%), from €84,360 to €80,977
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 | €636,444 | €534,469 | -€101,976 | -16.0% |
| Fixed assets | 21/28 | €5,181 | €8,536 | +€3,355 | +64.8% |
| Tangible fixed assets | 22/27 | €273 | €218 | -€55 | -20.0% |
| Plant, machinery and equipment | 23 | €273 | €218 | -€55 | -20.0% |
| Financial fixed assets | 28 | €4,908 | €8,318 | +€3,410 | +69.5% |
| Current assets | 29/58 | €631,263 | €525,933 | -€105,331 | -16.7% |
| Stocks and contracts in progress | 3 | €562,525 | €446,581 | -€115,944 | -20.6% |
| Stocks | 30/36 | €562,525 | €446,581 | -€115,944 | -20.6% |
| Amounts receivable within one year | 40/41 | €39,281 | €52,542 | +€13,261 | +33.8% |
| Trade receivables | 40 | €23,912 | €41,451 | +€17,539 | +73.3% |
| Other amounts receivable | 41 | €15,369 | €11,092 | -€4,278 | -27.8% |
| Cash at bank and in hand | 54/58 | €26,400 | €16,699 | -€9,701 | -36.7% |
| Deferred charges and accrued income | 490/1 | €3,057 | €10,110 | +€7,053 | +231% |
| Total equity and liabilities | 10/49 | €636,444 | €534,469 | -€101,976 | -16.0% |
| Equity | 10/15 | €413,071 | €385,901 | -€27,170 | -6.6% |
| Contributions | 10/11 | €192,200 | €192,200 | = | 0.0% |
| Capital | 10 | €192,200 | €192,200 | = | 0.0% |
| Issued capital | 100 | €204,600 | €204,600 | = | 0.0% |
| Uncalled capital | 101 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €20,460 | €20,460 | = | 0.0% |
| Non-distributable reserves | 130/1 | €20,460 | €20,460 | = | 0.0% |
| Legal reserve | 130 | €20,460 | €20,460 | = | 0.0% |
| Profit (loss) carried forward | 14 | €200,411 | €173,241 | -€27,170 | -13.6% |
| Amounts payable | 17/49 | €223,373 | €148,568 | -€74,805 | -33.5% |
| Amounts payable after more than one year | 17 | €30,263 | €11,855 | -€18,408 | -60.8% |
| Other amounts payable | 178/9 | €30,263 | €11,855 | -€18,408 | -60.8% |
| Amounts payable within one year | 42/48 | €189,508 | €136,633 | -€52,875 | -27.9% |
| Trade debts | 44 | €113,843 | €92,536 | -€21,306 | -18.7% |
| Suppliers | 440/4 | €113,843 | €92,536 | -€21,306 | -18.7% |
| Taxes, remuneration and social security | 45 | €75,666 | €44,097 | -€31,569 | -41.7% |
| Taxes | 450/3 | €55,217 | €29,608 | -€25,609 | -46.4% |
| Remuneration and social security | 454/9 | €20,449 | €14,488 | -€5,960 | -29.1% |
| Accrued charges and deferred income | 492/3 | €3,602 | €80 | -€3,522 | -97.8% |
| Remuneration, social security and pensions | 62 | €84,360 | €80,977 | -€3,383 | -4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55 | €55 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€49,815 | - | +€49,815 | |
| Other operating charges | 640/8 | €2,439 | €31,871 | +€29,432 | +1,207% |
| Gross operating margin | 9900 | €80,338 | €110,391 | +€30,053 | +37.4% |
| Operating profit (loss) | 9901 | €43,300 | -€2,512 | -€45,812 | |
| Financial income | 75/76B | €838 | €276 | -€562 | -67.1% |
| Recurring financial income | 75 | €838 | €276 | -€562 | -67.1% |
| Financial charges | 65/66B | €10,247 | €12,718 | +€2,471 | +24.1% |
| Recurring financial charges | 65 | €10,247 | €12,718 | +€2,471 | +24.1% |
| Profit (loss) for the period before taxes | 9903 | €33,891 | -€14,954 | -€48,844 | |
| Income taxes | 67/77 | €30,302 | €12,216 | -€18,086 | -59.7% |
| Profit (loss) for the period | 9904 | €3,588 | -€27,170 | -€30,758 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,588 | -€27,170 | -€30,758 |
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 17 October 2026 via checked.be.