BELGO FACADE CONTRACTING: 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.
BELGO FACADE CONTRACTING
Largest movements
- Receivables within one year +€77,724
up €77,724 (+126%), from €61,729 to €139,453
of which Other amounts receivable: +€48,200
- Cash +€11,438
up €11,438 (+71.4%), from €16,029 to €27,466
mainly Net result for the year (+€65,950) and Tax, wage and social debts (+€24,433)
- Deferred charges and accrued income -€2,657
down €2,657 (-96.8%), from €2,746 to €89
- Reserves +€65,950
up €65,950 (+94.0%), from €70,192 to €136,142
- Tax, wage and social debts +€24,433
up €24,433 (+246%), from €9,939 to €34,372
- Trade debts -€2,808
down €2,808 (-91.7%), from €3,061 to €253
- Short-term financial debts +€2,027
new in 2025: €2,027
- Gross operating margin +€82,212
up €82,212 (+547%), from €15,030 to €97,242
- Taxes +€23,282
up €23,282 (+817%), from €2,850 to €26,133
- Depreciation -€2,755
down €2,755 (-32.6%), from €8,461 to €5,706
- Financial income +€1,038
up €1,038 (+85.0%), from €1,221 to €2,259
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 | €103,677 | €191,394 | +€87,718 | +84.6% |
| Fixed assets | 21/28 | €7,918 | €8,281 | +€363 | +4.6% |
| Tangible fixed assets | 22/27 | €7,918 | €8,281 | +€363 | +4.6% |
| Plant, machinery and equipment | 23 | €3,684 | €2,322 | -€1,362 | -37.0% |
| Furniture and vehicles | 24 | €4,234 | €5,960 | +€1,726 | +40.8% |
| Current assets | 29/58 | €95,759 | €183,113 | +€87,354 | +91.2% |
| Amounts receivable after more than one year | 29 | €15,255 | €16,105 | +€850 | +5.6% |
| Other amounts receivable | 291 | €15,255 | €16,105 | +€850 | +5.6% |
| Amounts receivable within one year | 40/41 | €61,729 | €139,453 | +€77,724 | +126% |
| Trade receivables | 40 | €37,268 | €66,792 | +€29,524 | +79.2% |
| Other amounts receivable | 41 | €24,461 | €72,661 | +€48,200 | +197% |
| Cash at bank and in hand | 54/58 | €16,029 | €27,466 | +€11,438 | +71.4% |
| Deferred charges and accrued income | 490/1 | €2,746 | €89 | -€2,657 | -96.8% |
| Total equity and liabilities | 10/49 | €103,677 | €191,394 | +€87,718 | +84.6% |
| Equity | 10/15 | €88,792 | €154,742 | +€65,950 | +74.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €70,192 | €136,142 | +€65,950 | +94.0% |
| Distributable reserves | 133 | €70,192 | €136,142 | +€65,950 | +94.0% |
| Amounts payable | 17/49 | €14,885 | €36,652 | +€21,767 | +146% |
| Amounts payable within one year | 42/48 | €14,885 | €36,652 | +€21,767 | +146% |
| Current portion of amounts payable after more than one year | 42 | €1,885 | - | -€1,885 | |
| Financial debts | 43 | - | €2,027 | +€2,027 | |
| Credit institutions | 430/8 | - | €2,027 | +€2,027 | |
| Trade debts | 44 | €3,061 | €253 | -€2,808 | -91.7% |
| Suppliers | 440/4 | €3,061 | €253 | -€2,808 | -91.7% |
| Taxes, remuneration and social security | 45 | €9,939 | €34,372 | +€24,433 | +246% |
| Taxes | 450/3 | €9,939 | €34,372 | +€24,433 | +246% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,461 | €5,706 | -€2,755 | -32.6% |
| Other operating charges | 640/8 | €1,067 | €1,069 | +€2 | +0.2% |
| Gross operating margin | 9900 | €15,030 | €97,242 | +€82,212 | +547% |
| Operating profit (loss) | 9901 | €5,502 | €90,467 | +€84,965 | +1,544% |
| Financial income | 75/76B | €1,221 | €2,259 | +€1,038 | +85.0% |
| Recurring financial income | 75 | €1,221 | €2,259 | +€1,038 | +85.0% |
| Financial charges | 65/66B | €550 | €644 | +€94 | +17.0% |
| Recurring financial charges | 65 | €550 | €644 | +€94 | +17.0% |
| Profit (loss) for the period before taxes | 9903 | €6,173 | €92,083 | +€85,909 | +1,392% |
| Income taxes | 67/77 | €2,850 | €26,133 | +€23,282 | +817% |
| Profit (loss) for the period | 9904 | €3,323 | €65,950 | +€62,627 | +1,885% |
| Profit (loss) for the period to be appropriated | 9905 | €3,323 | €65,950 | +€62,627 | +1,885% |
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 27 October 2026 via checked.be.