BELGOTRADING CY: 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.
BELGOTRADING CY
Largest movements
- Stocks and contracts -€43,492
down €43,492 (-7.4%), from €588,740 to €545,248
- Profit (loss) carried forward -€43,513
down €43,513 (-71.5%), from €60,872 to €17,359
- Gross operating margin -€23,358
down €23,358 (-116%), from -€20,155 to -€43,513
- Financial income -€8,957
no longer reported in 2025 (was €8,957)
- Financial charges -€2,094
down €2,094, from €2,094 to -€0
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
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 | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €598,419 | €556,803 | -€41,615 | -7.0% |
| Fixed assets | 21/28 | €1,660 | €1,660 | = | 0.0% |
| Financial fixed assets | 28 | €1,660 | €1,660 | = | 0.0% |
| Current assets | 29/58 | €596,758 | €555,143 | -€41,615 | -7.0% |
| Stocks and contracts in progress | 3 | €588,740 | €545,248 | -€43,492 | -7.4% |
| Stocks | 30/36 | €588,740 | €545,248 | -€43,492 | -7.4% |
| Amounts receivable within one year | 40/41 | €8,018 | €9,895 | +€1,876 | +23.4% |
| Trade receivables | 40 | €5,998 | €7,885 | +€1,888 | +31.5% |
| Other amounts receivable | 41 | €2,021 | €2,009 | -€11 | -0.6% |
| Total equity and liabilities | 10/49 | €598,419 | €556,803 | -€41,615 | -7.0% |
| Equity | 10/15 | €291,493 | €247,980 | -€43,513 | -14.9% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €130,621 | €130,621 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,000 | €10,000 | = | 0.0% |
| Legal reserve | 130 | €10,000 | €10,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €100,152 | €100,152 | = | 0.0% |
| Distributable reserves | 133 | €20,469 | €20,469 | = | 0.0% |
| Profit (loss) carried forward | 14 | €60,872 | €17,359 | -€43,513 | -71.5% |
| Amounts payable | 17/49 | €306,925 | €308,823 | +€1,898 | +0.6% |
| Amounts payable within one year | 42/48 | €306,925 | €308,823 | +€1,898 | +0.6% |
| Trade debts | 44 | €280,093 | €281,980 | +€1,888 | +0.7% |
| Suppliers | 440/4 | €280,093 | €281,980 | +€1,888 | +0.7% |
| Taxes, remuneration and social security | 45 | €13,343 | €13,343 | = | 0.0% |
| Taxes | 450/3 | €13,343 | €13,343 | = | 0.0% |
| Other amounts payable | 47/48 | €13,490 | €13,500 | +€10 | +0.1% |
| Gross operating margin | 9900 | -€20,155 | -€43,513 | -€23,358 | -116% |
| Operating profit (loss) | 9901 | -€20,155 | -€43,513 | -€23,358 | -116% |
| Financial income | 75/76B | €8,957 | - | -€8,957 | |
| Recurring financial income | 75 | €8,957 | - | -€8,957 | |
| Financial charges | 65/66B | €2,094 | -€0 | -€2,094 | |
| Recurring financial charges | 65 | €2,094 | -€0 | -€2,094 | |
| Profit (loss) for the period before taxes | 9903 | -€13,292 | -€43,513 | -€30,221 | -227% |
| Profit (loss) for the period | 9904 | -€13,292 | -€43,513 | -€30,221 | -227% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,292 | -€43,513 | -€30,221 | -227% |
Source: filed annual accounts (NBB), financial years ended 31 October 2024 and 31 October 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.