BELIMO Belgium: 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.
BELIMO Belgium
Largest movements
- Receivables within one year +€551,294
up €551,294 (+56.9%), from €968,480 to €1.5m
of which Other amounts receivable: +€470,107
- Tangible fixed assets -€71,009
down €71,009 (-20.9%), from €340,531 to €269,522
of which Furniture and vehicles: -€40,634
- Other debts +€280,000
up €280,000 (+187%), from €150,000 to €430,000
- Trade debts +€99,524
up €99,524 (+19.2%), from €518,550 to €618,074
- Accrued charges and deferred income +€52,961
up €52,961 (+52.8%), from €100,358 to €153,319
- Tax, wage and social debts +€32,944
up €32,944 (+12.5%), from €264,497 to €297,442
of which Remuneration and social security: +€22,995
- Profit (loss) carried forward +€23,559
up €23,559 (+52.6%), from €44,800 to €68,359
- Turnover +€2.2m
up €2.2m (+31.3%), from €6.9m to €9.1m
- Goods and materials +€1.7m
up €1.7m (+31.5%), from €5.3m to €7.0m
of which Purchases: +€1.7m
- Taxes +€98,188
up €98,188 (+145%), from €67,901 to €166,089
of which Taxes: +€98,036
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 | €1,580,711 | €2,070,177 | +€489,465 | +31.0% |
| Fixed assets | 21/28 | €356,286 | €285,278 | -€71,009 | -19.9% |
| Tangible fixed assets | 22/27 | €340,531 | €269,522 | -€71,009 | -20.9% |
| Plant, machinery and equipment | 23 | €28,996 | €23,463 | -€5,533 | -19.1% |
| Furniture and vehicles | 24 | €129,273 | €88,639 | -€40,634 | -31.4% |
| Other tangible fixed assets | 26 | €182,262 | €157,421 | -€24,842 | -13.6% |
| Financial fixed assets | 28 | €15,755 | €15,755 | = | 0.0% |
| Other financial fixed assets | 284/8 | €15,755 | €15,755 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €15,755 | €15,755 | = | 0.0% |
| Current assets | 29/58 | €1,224,425 | €1,784,899 | +€560,474 | +45.8% |
| Stocks and contracts in progress | 3 | €242,753 | €243,267 | +€514 | +0.2% |
| Stocks | 30/36 | €242,753 | €243,267 | +€514 | +0.2% |
| Raw materials and consumables | 30/31 | €142 | €7 | -€134 | -94.8% |
| Goods purchased for resale | 34 | €242,612 | €243,259 | +€648 | +0.3% |
| Amounts receivable within one year | 40/41 | €968,480 | €1,519,775 | +€551,294 | +56.9% |
| Trade receivables | 40 | €825,405 | €906,593 | +€81,187 | +9.8% |
| Other amounts receivable | 41 | €143,075 | €613,182 | +€470,107 | +329% |
| Deferred charges and accrued income | 490/1 | €13,191 | €21,857 | +€8,666 | +65.7% |
| Total equity and liabilities | 10/49 | €1,580,711 | €2,070,177 | +€489,465 | +31.0% |
| Equity | 10/15 | €546,688 | €571,153 | +€24,465 | +4.5% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Reserves | 13 | €1,888 | €2,793 | +€905 | +48.0% |
| Tax-exempt reserves | 132 | €1,888 | €2,793 | +€905 | +48.0% |
| Profit (loss) carried forward | 14 | €44,800 | €68,359 | +€23,559 | +52.6% |
| Amounts payable | 17/49 | €1,034,023 | €1,499,024 | +€465,001 | +45.0% |
| Amounts payable within one year | 42/48 | €933,665 | €1,345,704 | +€412,039 | +44.1% |
| Trade debts | 44 | €518,550 | €618,074 | +€99,524 | +19.2% |
| Suppliers | 440/4 | €518,550 | €618,074 | +€99,524 | +19.2% |
| Advances received on contracts in progress | 46 | €617 | €189 | -€428 | -69.4% |
| Taxes, remuneration and social security | 45 | €264,497 | €297,442 | +€32,944 | +12.5% |
| Taxes | 450/3 | €114,498 | €124,447 | +€9,949 | +8.7% |
| Remuneration and social security | 454/9 | €150,000 | €172,994 | +€22,995 | +15.3% |
| Other amounts payable | 47/48 | €150,000 | €430,000 | +€280,000 | +187% |
| Accrued charges and deferred income | 492/3 | €100,358 | €153,319 | +€52,961 | +52.8% |
| Operating income | 70/76A | €6,974,835 | €9,168,544 | +€2.2m | +31.5% |
| Turnover | 70 | €6,941,673 | €9,117,092 | +€2.2m | +31.3% |
| Other operating income | 74 | €33,162 | €50,348 | +€17,185 | +51.8% |
| Non-recurring operating income | 76A | - | €1,104 | +€1,104 | |
| Operating charges | 60/66A | €6,735,368 | €8,546,564 | +€1.8m | +26.9% |
| Goods for resale, raw materials and consumables | 60 | €5,340,438 | €7,025,163 | +€1.7m | +31.5% |
| Purchases | 600/8 | €5,339,727 | €7,019,421 | +€1.7m | +31.5% |
| Change in stocks: decrease (increase) | 609 | €711 | €5,742 | +€5,031 | +708% |
| Services and other goods | 61 | €377,209 | €430,902 | +€53,693 | +14.2% |
| Remuneration, social security and pensions | 62 | €926,854 | €1,004,634 | +€77,780 | +8.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €78,017 | €78,891 | +€874 | +1.1% |
| Other operating charges | 640/8 | €12,849 | €6,974 | -€5,875 | -45.7% |
| Operating profit (loss) | 9901 | €239,468 | €621,980 | +€382,512 | +160% |
| Financial income | 75/76B | €1,986 | €3,043 | +€1,057 | +53.2% |
| Recurring financial income | 75 | €1,986 | €3,043 | +€1,057 | +53.2% |
| Income from current assets | 751 | - | €3,043 | +€3,043 | |
| Other financial income | 752/9 | €1,986 | - | -€1,986 | |
| Financial charges | 65/66B | €5,359 | €4,470 | -€889 | -16.6% |
| Recurring financial charges | 65 | €5,359 | €4,470 | -€889 | -16.6% |
| Debt charges | 650 | €848 | - | -€848 | |
| Other financial charges | 652/9 | €4,511 | €4,470 | -€41 | -0.9% |
| Profit (loss) for the period before taxes | 9903 | €236,095 | €620,554 | +€384,459 | +163% |
| Income taxes | 67/77 | €67,901 | €166,089 | +€98,188 | +145% |
| Taxes | 670/3 | €68,053 | €166,089 | +€98,036 | +144% |
| Tax adjustments and reversals of tax provisions | 77 | €152 | - | -€152 | |
| Profit (loss) for the period | 9904 | €168,194 | €454,465 | +€286,271 | +170% |
| Transfer to tax-exempt reserves | 689 | €905 | €905 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €167,288 | €453,559 | +€286,271 | +171% |
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 20 October 2026 via checked.be.