BELGO LIMO: 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 LIMO
Largest movements
- Tangible fixed assets -€7,750
down €7,750 (-59.7%), from €12,980 to €5,230
- Profit (loss) carried forward -€6,995
down €6,995 (-126%), from -€5,548 to -€12,543
- Contributions +€5,000
up €5,000 (+52.1%), from €9,600 to €14,600
- Trade debts -€4,463
down €4,463 (-43.2%), from €10,335 to €5,872
- Tax, wage and social debts -€3,852
down €3,852 (-65.1%), from €5,918 to €2,066
of which Remuneration and social security: -€3,852
- Other debts +€2,370
up €2,370 (+142%), from €1,673 to €4,043
- Purchases and services +€28,834
up €28,834 (+35.2%), from €81,800 to €110,634
- Gross operating margin +€9,837
up €9,837, from -€4,442 to €5,394
- Depreciation +€5,154
up €5,154 (+199%), from €2,596 to €7,750
- Other operating charges +€3,863
new in 2025: €3,863
- Financial charges -€95
down €95 (-13.9%), from €684 to €589
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 | €21,977 | €14,039 | -€7,939 | -36.1% |
| Fixed assets | 21/28 | €12,980 | €5,230 | -€7,750 | -59.7% |
| Tangible fixed assets | 22/27 | €12,980 | €5,230 | -€7,750 | -59.7% |
| Furniture and vehicles | 24 | €12,980 | €5,230 | -€7,750 | -59.7% |
| Current assets | 29/58 | €8,997 | €8,808 | -€189 | -2.1% |
| Amounts receivable within one year | 40/41 | €8,372 | €8,403 | +€30 | +0.4% |
| Trade receivables | 40 | €8,211 | €7,738 | -€473 | -5.8% |
| Other amounts receivable | 41 | €161 | €664 | +€503 | +312% |
| Cash at bank and in hand | 54/58 | €625 | €406 | -€219 | -35.1% |
| Total equity and liabilities | 10/49 | €21,977 | €14,039 | -€7,939 | -36.1% |
| Equity | 10/15 | €4,052 | €2,057 | -€1,995 | -49.2% |
| Contributions | 10/11 | €9,600 | €14,600 | +€5,000 | +52.1% |
| Capital | 10 | €9,600 | - | -€9,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €9,000 | - | -€9,000 | |
| Profit (loss) carried forward | 14 | -€5,548 | -€12,543 | -€6,995 | -126% |
| Amounts payable | 17/49 | €17,926 | €11,982 | -€5,944 | -33.2% |
| Amounts payable within one year | 42/48 | €17,926 | €11,982 | -€5,944 | -33.2% |
| Trade debts | 44 | €10,335 | €5,872 | -€4,463 | -43.2% |
| Suppliers | 440/4 | €10,335 | €5,872 | -€4,463 | -43.2% |
| Taxes, remuneration and social security | 45 | €5,918 | €2,066 | -€3,852 | -65.1% |
| Taxes | 450/3 | €2,066 | €2,066 | = | 0.0% |
| Remuneration and social security | 454/9 | €3,852 | - | -€3,852 | |
| Other amounts payable | 47/48 | €1,673 | €4,043 | +€2,370 | +142% |
| Goods, raw materials, services and sundry goods | 60/61 | €81,800 | €110,634 | +€28,834 | +35.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,596 | €7,750 | +€5,154 | +199% |
| Other operating charges | 640/8 | - | €3,863 | +€3,863 | |
| Non-recurring operating charges | 66A | - | €266 | +€266 | |
| Gross operating margin | 9900 | -€4,442 | €5,394 | +€9,837 | |
| Operating profit (loss) | 9901 | -€7,038 | -€6,484 | +€554 | +7.9% |
| Financial income | 75/76B | €44 | €79 | +€34 | +77.2% |
| Recurring financial income | 75 | €44 | €79 | +€34 | +77.2% |
| Financial charges | 65/66B | €684 | €589 | -€95 | -13.9% |
| Recurring financial charges | 65 | €684 | €589 | -€95 | -13.9% |
| Profit (loss) for the period before taxes | 9903 | -€7,678 | -€6,995 | +€684 | +8.9% |
| Profit (loss) for the period | 9904 | -€7,678 | -€6,995 | +€684 | +8.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,678 | -€6,995 | +€684 | +8.9% |
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 29 October 2026 via checked.be.