BELGOTEYC: 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.
BELGOTEYC
Largest movements
- Total assets -€274,287
down €274,287 (-19.0%), from €1.4m to €1.2m
of which Current assets: -€1.4m
- Total equity and liabilities -€274,287
down €274,287 (-19.0%), from €1.4m to €1.2m
of which Debts: -€1.6m
- Purchases and services -€2.4m
no longer reported in 2024 (was €2.4m)
- Turnover -€2.4m
no longer reported in 2024 (was €2.4m)
- Other operating charges -€335,074
no longer reported in 2024 (was €335,074)
- Write-downs +€119,405
no longer reported in 2024 (was -€119,405)
- Gross operating margin +€80,189
no longer reported in 2024 (was -€80,189)
From the 2023 result to the 2024 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,446,898 | €1,172,611 | -€274,287 | -19.0% |
| Fixed assets | 21/28 | €85,349 | - | -€85,349 | |
| Tangible fixed assets | 22/27 | €85,349 | - | -€85,349 | |
| Leasing and similar rights | 25 | €85,349 | - | -€85,349 | |
| Current assets | 29/58 | €1,361,549 | - | -€1.4m | |
| Amounts receivable within one year | 40/41 | €191,339 | - | -€191,339 | |
| Trade receivables | 40 | €189,773 | - | -€189,773 | |
| Other amounts receivable | 41 | €1,566 | - | -€1,566 | |
| Cash at bank and in hand | 54/58 | €344,461 | - | -€344,461 | |
| Deferred charges and accrued income | 490/1 | €825,750 | - | -€825,750 | |
| Total equity and liabilities | 10/49 | €1,446,898 | €1,172,611 | -€274,287 | -19.0% |
| Equity | 10/15 | -€181,037 | - | +€181,037 | |
| Contributions | 10/11 | €410,000 | - | -€410,000 | |
| Profit (loss) carried forward | 14 | -€591,037 | - | +€591,037 | |
| Amounts payable | 17/49 | €1,627,935 | - | -€1.6m | |
| Amounts payable after more than one year | 17 | €881,425 | - | -€881,425 | |
| Other amounts payable | 178/9 | €881,425 | - | -€881,425 | |
| Amounts payable within one year | 42/48 | €746,510 | - | -€746,510 | |
| Trade debts | 44 | €746,510 | - | -€746,510 | |
| Suppliers | 440/4 | €746,510 | - | -€746,510 | |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Other amounts payable | 47/48 | €0 | - | = | |
| Turnover | 70 | €2,355,391 | - | -€2.4m | |
| Goods, raw materials, services and sundry goods | 60/61 | €2,435,581 | - | -€2.4m | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,797 | - | -€9,797 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€119,405 | - | +€119,405 | |
| Other operating charges | 640/8 | €335,074 | - | -€335,074 | |
| Gross operating margin | 9900 | -€80,189 | - | +€80,189 | |
| Operating profit (loss) | 9901 | -€305,655 | - | +€305,655 | |
| Financial income | 75/76B | €736 | - | -€736 | |
| Recurring financial income | 75 | €736 | - | -€736 | |
| Financial charges | 65/66B | €30,332 | - | -€30,332 | |
| Recurring financial charges | 65 | €30,332 | - | -€30,332 | |
| Profit (loss) for the period before taxes | 9903 | -€335,251 | - | +€335,251 | |
| Income taxes | 67/77 | €0 | - | -€0 | |
| Profit (loss) for the period | 9904 | -€335,251 | - | +€335,251 | |
| Profit (loss) for the period to be appropriated | 9905 | -€335,251 | - | +€335,251 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.