Belgium Gift: 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 Gift
Largest movements
- Receivables within one year +€5,761
up €5,761 (+417%), from €1,381 to €7,141
of which Trade receivables: +€6,171
- Cash +€2,667
up €2,667 (+75.4%), from €3,538 to €6,204
mainly Net result for the year (+€11,907) and Depreciation (+€1,886)
- Tangible fixed assets -€1,886
down €1,886 (-32.6%), from €5,785 to €3,899
- Profit (loss) carried forward +€11,907
up €11,907 (+75.3%), from -€15,810 to -€3,903
- Other debts -€2,883
down €2,883 (-75.8%), from €3,801 to €918
- Trade debts -€1,875
down €1,875 (-89.1%), from €2,105 to €230
- Tax, wage and social debts -€608
no longer reported in 2025 (was €608)
- Gross operating margin +€29,525
up €29,525, from -€14,559 to €14,966
- Depreciation +€1,886
new in 2025: €1,886
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 | €10,703 | €17,245 | +€6,541 | +61.1% |
| Fixed assets | 21/28 | €5,785 | €3,899 | -€1,886 | -32.6% |
| Tangible fixed assets | 22/27 | €5,785 | €3,899 | -€1,886 | -32.6% |
| Furniture and vehicles | 24 | €5,785 | €3,899 | -€1,886 | -32.6% |
| Current assets | 29/58 | €4,918 | €13,346 | +€8,428 | +171% |
| Amounts receivable within one year | 40/41 | €1,381 | €7,141 | +€5,761 | +417% |
| Trade receivables | 40 | - | €6,171 | +€6,171 | |
| Other amounts receivable | 41 | €1,381 | €970 | -€410 | -29.7% |
| Cash at bank and in hand | 54/58 | €3,538 | €6,204 | +€2,667 | +75.4% |
| Total equity and liabilities | 10/49 | €10,703 | €17,245 | +€6,541 | +61.1% |
| Equity | 10/15 | €4,190 | €16,097 | +€11,907 | +284% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€15,810 | -€3,903 | +€11,907 | +75.3% |
| Amounts payable | 17/49 | €6,514 | €1,148 | -€5,366 | -82.4% |
| Amounts payable within one year | 42/48 | €6,514 | €1,148 | -€5,366 | -82.4% |
| Trade debts | 44 | €2,105 | €230 | -€1,875 | -89.1% |
| Suppliers | 440/4 | €2,105 | €230 | -€1,875 | -89.1% |
| Taxes, remuneration and social security | 45 | €608 | - | -€608 | |
| Taxes | 450/3 | €608 | - | -€608 | |
| Other amounts payable | 47/48 | €3,801 | €918 | -€2,883 | -75.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €1,886 | +€1,886 | |
| Other operating charges | 640/8 | €1,162 | €1,150 | -€12 | -1.0% |
| Gross operating margin | 9900 | -€14,559 | €14,966 | +€29,525 | |
| Operating profit (loss) | 9901 | -€15,721 | €11,930 | +€27,651 | |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €90 | €24 | -€65 | -73.1% |
| Recurring financial charges | 65 | €90 | €24 | -€65 | -73.1% |
| Profit (loss) for the period before taxes | 9903 | -€15,810 | €11,907 | +€27,718 | |
| Profit (loss) for the period | 9904 | -€15,810 | €11,907 | +€27,718 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,810 | €11,907 | +€27,718 |
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 25 October 2026 via checked.be.