BELGO - PRISM: what changed
Two fiscal 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.
What changed
BELGO - PRISM
NACE 82.920, Office administrative, office support and other business support activities
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€681,295
2024 · €798,260-€116,965
Equity
€7.3m
2024 · €7.1m+€207,688
Cash
€1.6m
2024 · €1.9m-€261,187
Balance sheet total
€8.7m
2024 · €9.2m-€496,434
Largest movements
Assets
- Cash -€261,187
down €261,187 (-13.7%), from €1.9m to €1.6m
mainly Contributions, distributions and other (-€473,607) and Investment in fixed assets (net) (-€319,617)
- Tangible fixed assets -€258,198
down €258,198 (-9.6%), from €2.7m to €2.4m
of which Furniture and vehicles: -€138,187
- Stocks and contracts +€92,783
up €92,783 (+4.2%), from €2.2m to €2.3m
Equity and liabilities
- Other debts -€252,493
down €252,493 (-33.4%), from €756,950 to €504,457
- Profit (loss) carried forward +€180,495
up €180,495 (+2.8%), from €6.5m to €6.7m
- Trade debts -€146,458
down €146,458 (-57.3%), from €255,773 to €109,315
- Provisions -€119,689
no longer reported in 2025 (was €119,689)
- Debts after one year -€118,218
down €118,218 (-20.0%), from €591,314 to €473,096
Income statement
- Staff costs +€230,767
up €230,767 (+10.7%), from €2.2m to €2.4m
- Provisions -€119,689
new in 2025: -€119,689
- Taxes -€79,489
down €79,489 (-33.3%), from €238,729 to €159,240
- Depreciation +€57,287
up €57,287 (+10.7%), from €533,240 to €590,527
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.
Result 2024
€798,260
Gross operating margin
+€3,472
Staff costs
-€230,767
Depreciation
-€57,287
Write-downs
-€447
Provisions
+€119,689
Other operating charges
+€2,177
Financial income
-€7,359
Financial charges
-€25,931
Taxes
+€79,489
Result 2025
€681,295
Cash bridge derived
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.
From operations
+€702,616
Investment
-€319,617
Financing
-€644,186
Cash 2024
€1.9m
From operations (derived)
+€702,616
Net result for the year
+€681,295
Depreciation
+€590,527
Stocks and contracts
-€92,783
Receivables within one year
+€36,839
Deferred charges and accrued income
+€20,280
Provisions
-€119,689
Trade debts
-€146,458
Tax, wage and social debts
-€2,667
Other debts
-€252,493
Accrued charges and deferred income
-€12,236
Investment (derived)
-€319,617
Investment in fixed assets (net)
-€319,617
Financing
-€644,186
Debts after one year
-€118,218
Current portion of long-term debt
-€52,361
Contributions, distributions and other
-€473,607
Cash 2025
€1.6m
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €9,174,940 | €8,678,506 | -€496,434 | -5.4% |
| Fixed assets | 21/28 | €2,886,844 | €2,615,934 | -€270,910 | -9.4% |
| Intangible fixed assets | 21 | €30,087 | €17,274 | -€12,812 | -42.6% |
| Tangible fixed assets | 22/27 | €2,680,966 | €2,422,768 | -€258,198 | -9.6% |
| Land and buildings | 22 | €1,375,902 | €1,257,168 | -€118,734 | -8.6% |
| Plant, machinery and equipment | 23 | €240,296 | €224,720 | -€15,576 | -6.5% |
| Furniture and vehicles | 24 | €828,545 | €690,358 | -€138,187 | -16.7% |
| Other tangible fixed assets | 26 | €236,222 | €250,521 | +€14,299 | +6.1% |
| Financial fixed assets | 28 | €175,791 | €175,891 | +€100 | +0.1% |
| Current assets | 29/58 | €6,288,096 | €6,062,573 | -€225,524 | -3.6% |
| Stocks and contracts in progress | 3 | €2,232,896 | €2,325,679 | +€92,783 | +4.2% |
| Stocks | 30/36 | €2,232,896 | €2,325,679 | +€92,783 | +4.2% |
| Amounts receivable within one year | 40/41 | €1,339,680 | €1,302,841 | -€36,839 | -2.7% |
| Trade receivables | 40 | €842,723 | €758,854 | -€83,869 | -10.0% |
| Other amounts receivable | 41 | €496,958 | €543,987 | +€47,030 | +9.5% |
| Current investments | 50/53 | €693,671 | €693,671 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €1,906,874 | €1,645,687 | -€261,187 | -13.7% |
| Deferred charges and accrued income | 490/1 | €114,975 | €94,695 | -€20,280 | -17.6% |
| Total equity and liabilities | 10/49 | €9,174,940 | €8,678,506 | -€496,434 | -5.4% |
| Equity | 10/15 | €7,088,420 | €7,296,108 | +€207,688 | +2.9% |
| Contributions | 10/11 | €62,371 | €62,371 | = | 0.0% |
| Capital | 10 | €62,371 | €62,371 | = | 0.0% |
| Issued capital | 100 | €62,371 | €62,371 | = | 0.0% |
| Reserves | 13 | €325,277 | €325,277 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,237 | €6,237 | = | 0.0% |
| Legal reserve | 130 | €6,237 | €6,237 | = | 0.0% |
| Tax-exempt reserves | 132 | €19,039 | €19,039 | = | 0.0% |
| Distributable reserves | 133 | €300,000 | €300,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,545,915 | €6,726,410 | +€180,495 | +2.8% |
| Investment grants | 15 | €154,858 | €182,051 | +€27,193 | +17.6% |
| Provisions and deferred taxes | 16 | €119,689 | - | -€119,689 | |
| Provisions for liabilities and charges | 160/5 | €119,689 | - | -€119,689 | |
| Other liabilities and charges | 164/5 | €119,689 | - | -€119,689 | |
| Amounts payable | 17/49 | €1,966,831 | €1,382,399 | -€584,433 | -29.7% |
| Amounts payable after more than one year | 17 | €591,314 | €473,096 | -€118,218 | -20.0% |
| Financial debts | 170/4 | €591,314 | €473,096 | -€118,218 | -20.0% |
| Amounts payable within one year | 42/48 | €1,348,982 | €895,003 | -€453,978 | -33.7% |
| Current portion of amounts payable after more than one year | 42 | €170,579 | €118,218 | -€52,361 | -30.7% |
| Trade debts | 44 | €255,773 | €109,315 | -€146,458 | -57.3% |
| Suppliers | 440/4 | €255,773 | €109,315 | -€146,458 | -57.3% |
| Taxes, remuneration and social security | 45 | €165,680 | €163,013 | -€2,667 | -1.6% |
| Remuneration and social security | 454/9 | €165,680 | €163,013 | -€2,667 | -1.6% |
| Other amounts payable | 47/48 | €756,950 | €504,457 | -€252,493 | -33.4% |
| Accrued charges and deferred income | 492/3 | €26,535 | €14,299 | -€12,236 | -46.1% |
| Non-recurring operating income | 76A | €37,621 | €54,961 | +€17,340 | +46.1% |
| Remuneration, social security and pensions | 62 | €2,152,766 | €2,383,533 | +€230,767 | +10.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €533,240 | €590,527 | +€57,287 | +10.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,904 | €6,352 | +€447 | +7.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | -€119,689 | -€119,689 | |
| Other operating charges | 640/8 | €59,702 | €57,525 | -€2,177 | -3.6% |
| Gross operating margin | 9900 | €3,756,264 | €3,759,736 | +€3,472 | +0.1% |
| Operating profit (loss) | 9901 | €1,004,652 | €841,488 | -€163,164 | -16.2% |
| Financial income | 75/76B | €88,241 | €80,882 | -€7,359 | -8.3% |
| Recurring financial income | 75 | €88,241 | €80,882 | -€7,359 | -8.3% |
| Financial charges | 65/66B | €55,904 | €81,836 | +€25,931 | +46.4% |
| Recurring financial charges | 65 | €55,904 | €81,836 | +€25,931 | +46.4% |
| Profit (loss) for the period before taxes | 9903 | €1,036,989 | €840,535 | -€196,454 | -18.9% |
| Income taxes | 67/77 | €238,729 | €159,240 | -€79,489 | -33.3% |
| Profit (loss) for the period | 9904 | €798,260 | €681,295 | -€116,965 | -14.7% |
| Profit (loss) for the period to be appropriated | 9905 | €798,260 | €681,295 | -€116,965 | -14.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.