BELIMMO: what changed
Two fiscal 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.
BELIMMO
Largest movements
- Cash -€3,157
down €3,157 (-9.0%), from €34,962 to €31,805
mainly Net result for the year (-€3,506) and Investment in fixed assets (net) (-€3,044)
- Profit (loss) carried forward -€3,506
down €3,506 (-7.1%), from €49,398 to €45,893
- Gross operating margin -€15,327
down €15,327 (-85.4%), from €17,943 to €2,616
- Depreciation +€975
up €975 (+37.4%), from €2,607 to €3,582
- Other operating charges -€695
down €695 (-22.6%), from €3,077 to €2,382
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 | €57,550 | €54,044 | -€3,506 | -6.1% |
| Fixed assets | 21/28 | €22,394 | €21,856 | -€538 | -2.4% |
| Tangible fixed assets | 22/27 | €22,394 | €21,856 | -€538 | -2.4% |
| Land and buildings | 22 | €21,571 | €20,628 | -€943 | -4.4% |
| Plant, machinery and equipment | 23 | €823 | €1,228 | +€405 | +49.2% |
| Current assets | 29/58 | €35,156 | €32,188 | -€2,968 | -8.4% |
| Amounts receivable within one year | 40/41 | €194 | €194 | = | 0.0% |
| Other amounts receivable | 41 | €194 | €194 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €34,962 | €31,805 | -€3,157 | -9.0% |
| Deferred charges and accrued income | 490/1 | - | €189 | +€189 | |
| Total equity and liabilities | 10/49 | €57,550 | €54,044 | -€3,506 | -6.1% |
| Equity | 10/15 | €57,455 | €53,949 | -€3,506 | -6.1% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €49,398 | €45,893 | -€3,506 | -7.1% |
| Amounts payable | 17/49 | €95 | €95 | = | 0.0% |
| Amounts payable within one year | 42/48 | €95 | €95 | = | 0.0% |
| Other amounts payable | 47/48 | €95 | €95 | = | 0.0% |
| Non-recurring operating income | 76A | €17,957 | €1,913 | -€16,045 | -89.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,607 | €3,582 | +€975 | +37.4% |
| Other operating charges | 640/8 | €3,077 | €2,382 | -€695 | -22.6% |
| Gross operating margin | 9900 | €17,943 | €2,616 | -€15,327 | -85.4% |
| Operating profit (loss) | 9901 | €12,259 | -€3,348 | -€15,607 | |
| Financial income | 75/76B | €45 | €76 | +€31 | +70.1% |
| Recurring financial income | 75 | €45 | €76 | +€31 | +70.1% |
| Financial charges | 65/66B | €114 | €211 | +€97 | +84.6% |
| Recurring financial charges | 65 | €114 | €211 | +€97 | +84.6% |
| Profit (loss) for the period before taxes | 9903 | €12,190 | -€3,483 | -€15,672 | |
| Income taxes | 67/77 | €13 | €23 | +€9 | +70.1% |
| Profit (loss) for the period | 9904 | €12,176 | -€3,506 | -€15,682 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,176 | -€3,506 | -€15,682 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.