BELIMMA: 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.
BELIMMA
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Reserves +€196,181
up €196,181 (+90.4%), from €217,064 to €413,245
- Debts after one year -€169,647
down €169,647 (-100.0%), from €169,647 to €0
- Financial income +€128,352
up €128,352 (+496.1%), from €25,873 to €154,225
- Gross operating margin -€14,814
down €14,814 (-12.7%), from €116,723 to €101,909
- Financial charges -€11,095
down €11,095 (-39.2%), from €28,321 to €17,226
- Taxes +€10,951
up €10,951 (+35.7%), from €30,634 to €41,585
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 | €4,173,482 | €4,169,856 | -€3,627 | -0.1% |
| Fixed assets | 21/28 | €3,947,500 | €3,947,500 | = | 0.0% |
| Financial fixed assets | 28 | €3,947,500 | €3,947,500 | = | 0.0% |
| Current assets | 29/58 | €225,982 | €222,356 | -€3,627 | -1.6% |
| Amounts receivable within one year | 40/41 | €31,521 | €33,212 | +€1,691 | +5.4% |
| Trade receivables | 40 | €31,521 | €33,212 | +€1,691 | +5.4% |
| Cash at bank and in hand | 54/58 | €194,462 | €189,144 | -€5,318 | -2.7% |
| Total equity and liabilities | 10/49 | €4,173,482 | €4,169,856 | -€3,627 | -0.1% |
| Equity | 10/15 | €3,664,741 | €3,860,922 | +€196,181 | +5.4% |
| Contributions | 10/11 | €3,447,677 | €3,447,677 | = | 0.0% |
| Reserves | 13 | €217,064 | €413,245 | +€196,181 | +90.4% |
| Distributable reserves | 133 | €217,064 | €413,245 | +€196,181 | +90.4% |
| Provisions and deferred taxes | 16 | €219,053 | €212,847 | -€6,206 | -2.8% |
| Provisions for liabilities and charges | 160/5 | €219,053 | €212,847 | -€6,206 | -2.8% |
| Other liabilities and charges | 164/5 | €219,053 | €212,847 | -€6,206 | -2.8% |
| Amounts payable | 17/49 | €289,688 | €96,087 | -€193,602 | -66.8% |
| Amounts payable after more than one year | 17 | €169,647 | €0 | -€169,647 | -100.0% |
| Financial debts | 170/4 | €169,647 | €0 | -€169,647 | -100.0% |
| Amounts payable within one year | 42/48 | €105,148 | €94,390 | -€10,758 | -10.2% |
| Trade debts | 44 | €31,042 | €46,941 | +€15,899 | +51.2% |
| Suppliers | 440/4 | €31,042 | €46,941 | +€15,899 | +51.2% |
| Taxes, remuneration and social security | 45 | €74,106 | €47,449 | -€26,657 | -36.0% |
| Taxes | 450/3 | €74,106 | €47,449 | -€26,657 | -36.0% |
| Accrued charges and deferred income | 492/3 | €14,893 | €1,696 | -€13,197 | -88.6% |
| Other operating charges | 640/8 | €141 | €1,143 | +€1,002 | +713.2% |
| Gross operating margin | 9900 | €116,723 | €101,909 | -€14,814 | -12.7% |
| Operating profit (loss) | 9901 | €116,582 | €100,766 | -€15,816 | -13.6% |
| Financial income | 75/76B | €25,873 | €154,225 | +€128,352 | +496.1% |
| Recurring financial income | 75 | €25,873 | €154,225 | +€128,352 | +496.1% |
| Financial charges | 65/66B | €28,321 | €17,226 | -€11,095 | -39.2% |
| Recurring financial charges | 65 | €28,321 | €17,226 | -€11,095 | -39.2% |
| Profit (loss) for the period before taxes | 9903 | €114,134 | €237,765 | +€123,631 | +108.3% |
| Income taxes | 67/77 | €30,634 | €41,585 | +€10,951 | +35.7% |
| Profit (loss) for the period | 9904 | €83,501 | €196,181 | +€112,680 | +134.9% |
| Profit (loss) for the period to be appropriated | 9905 | €83,501 | €196,181 | +€112,680 | +134.9% |
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 9 October 2026 via checked.be.