BELGONUCLEAIRE: 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.
What changed
BELGONUCLEAIRE
NACE 38.320, Waste collection, recovery and disposal activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€311,705
2024 · -€799,242+€1.1m
Equity
€25.5m
2024 · €25.2m+€311,705
Cash
€4.7m
2024 · €6.7m-€2.0m
Balance sheet total
€106.3m
2024 · €106.6m-€245,176
Largest movements
Assets
- Cash -€2.0m
down €2.0m (-29.6%), from €6.7m to €4.7m
mainly Current investments (-€1.6m) and Provisions (-€449,770)
- Current investments +€1.6m
up €1.6m (+1.7%), from €98.3m to €100.0m
Equity and liabilities
No liability line moved by more than 1% of the balance sheet total.
Income statement
- Services and other goods -€20.5m
down €20.5m (-93.9%), from €21.8m to €1.3m
- Provisions +€17.5m
up €17.5m (+97.5%), from -€17.9m to -€449,770
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
-€799,242
Provisions
-€17.5m
Other operating charges
+€12
Other operating items
+€19.5m
Financial income
-€973,789
Financial charges
+€50
Result 2025
€311,705
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€326,139
Investment
-€1.6m
Financing
€0
Cash 2024
€6.7m
From operations (derived)
-€326,139
Net result for the year
+€311,705
Receivables within one year
-€283,255
Deferred charges and accrued income
+€202,291
Provisions
-€449,770
Trade debts
-€112,566
Tax, wage and social debts
+€5,455
Investment (derived)
-€1.6m
Current investments
-€1.6m
Cash 2025
€4.7m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €106,569,394 | €106,324,218 | -€245,176 | -0.2% |
| Fixed assets | 21/28 | €636,054 | €636,054 | = | 0.0% |
| Tangible fixed assets | 22/27 | €636,054 | €636,054 | = | 0.0% |
| Land and buildings | 22 | €636,054 | €636,054 | = | 0.0% |
| Current assets | 29/58 | €105,933,340 | €105,688,164 | -€245,176 | -0.2% |
| Amounts receivable within one year | 40/41 | €501,228 | €784,483 | +€283,255 | +56.5% |
| Trade receivables | 40 | €4,969 | - | -€4,969 | |
| Other amounts receivable | 41 | €496,259 | €784,483 | +€288,223 | +58.1% |
| Current investments | 50/53 | €98,338,000 | €99,979,890 | +€1.6m | +1.7% |
| Other investments | 51/53 | €98,338,000 | €99,979,890 | +€1.6m | +1.7% |
| Cash at bank and in hand | 54/58 | €6,658,371 | €4,690,342 | -€2.0m | -29.6% |
| Deferred charges and accrued income | 490/1 | €435,741 | €233,449 | -€202,291 | -46.4% |
| Total equity and liabilities | 10/49 | €106,569,394 | €106,324,218 | -€245,176 | -0.2% |
| Equity | 10/15 | €25,223,675 | €25,535,380 | +€311,705 | +1.2% |
| Contributions | 10/11 | €10,000,000 | €10,000,000 | = | 0.0% |
| Capital | 10 | €10,000,000 | €10,000,000 | = | 0.0% |
| Issued capital | 100 | €10,000,000 | €10,000,000 | = | 0.0% |
| Reserves | 13 | €7,220,435 | €7,220,435 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,000,000 | €1,000,000 | = | 0.0% |
| Legal reserve | 130 | €1,000,000 | €1,000,000 | = | 0.0% |
| Distributable reserves | 133 | €6,220,435 | €6,220,435 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,003,240 | €8,314,945 | +€311,705 | +3.9% |
| Provisions and deferred taxes | 16 | €80,513,185 | €80,063,415 | -€449,770 | -0.6% |
| Provisions for liabilities and charges | 160/5 | €80,513,185 | €80,063,415 | -€449,770 | -0.6% |
| Other liabilities and charges | 164/5 | €80,513,185 | €80,063,415 | -€449,770 | -0.6% |
| Amounts payable | 17/49 | €832,533 | €725,423 | -€107,111 | -12.9% |
| Amounts payable within one year | 42/48 | €832,533 | €725,423 | -€107,111 | -12.9% |
| Trade debts | 44 | €832,533 | €719,967 | -€112,566 | -13.5% |
| Suppliers | 440/4 | €832,533 | €719,967 | -€112,566 | -13.5% |
| Taxes, remuneration and social security | 45 | - | €5,455 | +€5,455 | |
| Taxes | 450/3 | - | €5,455 | +€5,455 | |
| Operating income | 70/76A | €1,016,851 | €57,768 | -€959,083 | -94.3% |
| Other operating income | 74 | €1,016,851 | €57,768 | -€959,083 | -94.3% |
| Operating charges | 60/66A | €3,936,834 | €893,066 | -€3.0m | -77.3% |
| Services and other goods | 61 | €21,839,533 | €1,341,645 | -€20.5m | -93.9% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€17,903,901 | -€449,770 | +€17.5m | +97.5% |
| Other operating charges | 640/8 | €1,203 | €1,190 | -€12 | -1.0% |
| Operating profit (loss) | 9901 | -€2,919,984 | -€835,298 | +€2.1m | +71.4% |
| Financial income | 75/76B | €2,122,311 | €1,148,522 | -€973,789 | -45.9% |
| Recurring financial income | 75 | €2,122,311 | €1,148,522 | -€973,789 | -45.9% |
| Income from current assets | 751 | €2,122,311 | €1,148,522 | -€973,789 | -45.9% |
| Other financial income | 752/9 | €0 | - | -€0 | |
| Financial charges | 65/66B | €1,569 | €1,520 | -€50 | -3.2% |
| Recurring financial charges | 65 | €1,569 | €1,520 | -€50 | -3.2% |
| Other financial charges | 652/9 | €1,569 | €1,520 | -€50 | -3.2% |
| Profit (loss) for the period before taxes | 9903 | -€799,242 | €311,705 | +€1.1m | |
| Profit (loss) for the period | 9904 | -€799,242 | €311,705 | +€1.1m | |
| Profit (loss) for the period to be appropriated | 9905 | -€799,242 | €311,705 | +€1.1m |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.