BELGOTECH SOLUTIONS: 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.
BELGOTECH SOLUTIONS
Largest movements
- Cash +€78,507
up €78,507 (+2703.5%), from €2,904 to €81,410
mainly Net result for the year (+€46,162) and Receivables within one year (+€20,458)
- Receivables within one year -€20,458
down €20,458 (-93.9%), from €21,780 to €1,322
of which Trade receivables: -€21,780
- Tangible fixed assets +€864
new in 2025: €864
- Profit (loss) carried forward +€46,162
up €46,162 (+431.5%), from €10,699 to €56,860
- Tax, wage and social debts +€12,084
up €12,084 (+147.6%), from €8,190 to €20,274
of which Taxes: +€14,084
- Gross operating margin +€44,613
up €44,613 (+325.3%), from €13,715 to €58,327
- Taxes +€9,022
up €9,022 (+336.3%), from €2,683 to €11,705
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €24,684 | €83,597 | +€58,913 | +238.7% |
| Fixed assets | 21/28 | - | €864 | +€864 | |
| Tangible fixed assets | 22/27 | - | €864 | +€864 | |
| Furniture and vehicles | 24 | - | €864 | +€864 | |
| Current assets | 29/58 | €24,684 | €82,732 | +€58,048 | +235.2% |
| Amounts receivable within one year | 40/41 | €21,780 | €1,322 | -€20,458 | -93.9% |
| Trade receivables | 40 | €21,780 | - | -€21,780 | |
| Other amounts receivable | 41 | - | €1,322 | +€1,322 | |
| Cash at bank and in hand | 54/58 | €2,904 | €81,410 | +€78,507 | +2703.5% |
| Total equity and liabilities | 10/49 | €24,684 | €83,597 | +€58,913 | +238.7% |
| Equity | 10/15 | €14,699 | €60,860 | +€46,162 | +314.1% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,699 | €56,860 | +€46,162 | +431.5% |
| Amounts payable | 17/49 | €9,985 | €22,737 | +€12,751 | +127.7% |
| Amounts payable within one year | 42/48 | €9,985 | €22,737 | +€12,751 | +127.7% |
| Trade debts | 44 | €1,796 | €2,463 | +€667 | +37.2% |
| Suppliers | 440/4 | €1,796 | €2,463 | +€667 | +37.2% |
| Taxes, remuneration and social security | 45 | €8,190 | €20,274 | +€12,084 | +147.6% |
| Taxes | 450/3 | €6,190 | €20,274 | +€14,084 | +227.5% |
| Remuneration and social security | 454/9 | €2,000 | - | -€2,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €432 | +€432 | |
| Other operating charges | 640/8 | €322 | - | -€322 | |
| Gross operating margin | 9900 | €13,715 | €58,327 | +€44,613 | +325.3% |
| Operating profit (loss) | 9901 | €13,393 | €57,895 | +€44,502 | +332.3% |
| Financial income | 75/76B | - | €37 | +€37 | |
| Recurring financial income | 75 | - | €36 | +€36 | |
| Non-recurring financial income | 76B | - | €2 | +€2 | |
| Financial charges | 65/66B | €11 | €65 | +€54 | +486.5% |
| Recurring financial charges | 65 | €11 | €65 | +€54 | +486.5% |
| Profit (loss) for the period before taxes | 9903 | €13,382 | €57,867 | +€44,485 | +332.4% |
| Income taxes | 67/77 | €2,683 | €11,705 | +€9,022 | +336.3% |
| Profit (loss) for the period | 9904 | €10,699 | €46,162 | +€35,463 | +331.5% |
| Profit (loss) for the period to be appropriated | 9905 | €10,699 | €46,162 | +€35,463 | +331.5% |
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 10 October 2026 via checked.be.