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
- Tangible fixed assets -€44,609
down €44,609 (-6.0%), from €740,622 to €696,013
of which Land and buildings: -€28,061
- Cash +€30,210
up €30,210 (+731.5%), from €4,130 to €34,340
mainly Depreciation (+€52,045) and Net result for the year (+€28,552)
- Debts after one year -€46,023
down €46,023 (-9.5%), from €482,602 to €436,579
- Reserves +€28,000
up €28,000 (+451.8%), from €6,197 to €34,197
of which Distributable reserves: +€28,000
- Tax, wage and social debts +€14,608
up €14,608 (+1365.2%), from €1,070 to €15,678
- Current portion of long-term debt -€9,553
down €9,553 (-14.5%), from €65,957 to €56,404
- Financial charges -€14,816
down €14,816 (-65.5%), from €22,637 to €7,821
of which Non-recurring financial charges: -€8,634
- Taxes +€13,539
up €13,539 (+1265.3%), from €1,070 to €14,609
- Gross operating margin -€12,885
down €12,885 (-10.4%), from €124,397 to €111,512
- Depreciation -€3,117
down €3,117 (-5.7%), from €55,162 to €52,045
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €758,097 | €741,261 | -€16,836 | -2.2% |
| Fixed assets | 21/28 | €740,622 | €696,013 | -€44,609 | -6.0% |
| Tangible fixed assets | 22/27 | €740,622 | €696,013 | -€44,609 | -6.0% |
| Land and buildings | 22 | €668,316 | €640,255 | -€28,061 | -4.2% |
| Plant, machinery and equipment | 23 | €72,306 | €55,758 | -€16,548 | -22.9% |
| Current assets | 29/58 | €17,475 | €45,248 | +€27,773 | +158.9% |
| Amounts receivable within one year | 40/41 | €11,054 | €10,157 | -€897 | -8.1% |
| Trade receivables | 40 | €6,825 | €9,156 | +€2,331 | +34.2% |
| Other amounts receivable | 41 | €4,229 | €1,001 | -€3,228 | -76.3% |
| Cash at bank and in hand | 54/58 | €4,130 | €34,340 | +€30,210 | +731.5% |
| Deferred charges and accrued income | 490/1 | €2,291 | €751 | -€1,540 | -67.2% |
| Total equity and liabilities | 10/49 | €758,097 | €741,261 | -€16,836 | -2.2% |
| Equity | 10/15 | €194,325 | €222,877 | +€28,552 | +14.7% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €6,197 | €34,197 | +€28,000 | +451.8% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | - | €28,000 | +€28,000 | |
| Profit (loss) carried forward | 14 | €126,155 | €126,707 | +€552 | +0.4% |
| Amounts payable | 17/49 | €563,772 | €518,384 | -€45,388 | -8.1% |
| Amounts payable after more than one year | 17 | €482,602 | €436,579 | -€46,023 | -9.5% |
| Financial debts | 170/4 | €482,602 | €436,579 | -€46,023 | -9.5% |
| Amounts payable within one year | 42/48 | €80,640 | €81,805 | +€1,165 | +1.4% |
| Current portion of amounts payable after more than one year | 42 | €65,957 | €56,404 | -€9,553 | -14.5% |
| Trade debts | 44 | €5,658 | €5,020 | -€638 | -11.3% |
| Suppliers | 440/4 | €5,658 | €5,020 | -€638 | -11.3% |
| Taxes, remuneration and social security | 45 | €1,070 | €15,678 | +€14,608 | +1365.2% |
| Taxes | 450/3 | €1,070 | €15,678 | +€14,608 | +1365.2% |
| Other amounts payable | 47/48 | €7,955 | €4,703 | -€3,252 | -40.9% |
| Accrued charges and deferred income | 492/3 | €530 | - | -€530 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €55,162 | €52,045 | -€3,117 | -5.7% |
| Other operating charges | 640/8 | €9,105 | €8,485 | -€620 | -6.8% |
| Gross operating margin | 9900 | €124,397 | €111,512 | -€12,885 | -10.4% |
| Operating profit (loss) | 9901 | €60,130 | €50,982 | -€9,148 | -15.2% |
| Financial charges | 65/66B | €22,637 | €7,821 | -€14,816 | -65.5% |
| Recurring financial charges | 65 | €14,003 | €7,821 | -€6,182 | -44.1% |
| Non-recurring financial charges | 66B | €8,634 | - | -€8,634 | |
| Profit (loss) for the period before taxes | 9903 | €37,493 | €43,161 | +€5,668 | +15.1% |
| Income taxes | 67/77 | €1,070 | €14,609 | +€13,539 | +1265.3% |
| Profit (loss) for the period | 9904 | €36,423 | €28,552 | -€7,871 | -21.6% |
| Profit (loss) for the period to be appropriated | 9905 | €36,423 | €28,552 | -€7,871 | -21.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.