Belimpo: 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.
Belimpo
Largest movements
- Cash +€4,488
up €4,488 (+1,099%), from €408 to €4,896
mainly Trade debts (+€4,359) and Depreciation (+€4,159)
- Tangible fixed assets -€4,159
down €4,159 (-47.7%), from €8,714 to €4,555
of which Furniture and vehicles: -€3,116
- Receivables within one year +€1,870
up €1,870 (+35.1%), from €5,329 to €7,199
of which Trade receivables: +€1,946
- Stocks and contracts -€1,435
down €1,435 (-6.7%), from €21,558 to €20,123
- Trade debts +€4,359
up €4,359 (+576%), from €757 to €5,115
- Short-term financial debts -€2,746
no longer reported in 2025 (was €2,746)
- Debts after one year -€2,500
down €2,500 (-50.0%), from €5,000 to €2,500
- Reserves +€2,250
up €2,250 (+27.9%), from €8,065 to €10,315
of which Distributable reserves: +€2,250
- Gross operating margin -€1,757
down €1,757 (-16.8%), from €10,467 to €8,710
- Depreciation +€682
up €682 (+19.6%), from €3,477 to €4,159
- Taxes -€425
down €425 (-27.7%), from €1,536 to €1,111
- Other operating charges -€270
down €270 (-28.2%), from €960 to €689
- Financial charges -€258
down €258 (-34.0%), from €759 to €501
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
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 | €37,784 | €38,646 | +€861 | +2.3% |
| Fixed assets | 21/28 | €10,489 | €6,329 | -€4,159 | -39.7% |
| Tangible fixed assets | 22/27 | €8,714 | €4,555 | -€4,159 | -47.7% |
| Plant, machinery and equipment | 23 | €1,894 | €851 | -€1,043 | -55.1% |
| Furniture and vehicles | 24 | €6,820 | €3,704 | -€3,116 | -45.7% |
| Financial fixed assets | 28 | €1,774 | €1,774 | = | 0.0% |
| Current assets | 29/58 | €27,296 | €32,317 | +€5,021 | +18.4% |
| Stocks and contracts in progress | 3 | €21,558 | €20,123 | -€1,435 | -6.7% |
| Stocks | 30/36 | €21,558 | €20,123 | -€1,435 | -6.7% |
| Amounts receivable within one year | 40/41 | €5,329 | €7,199 | +€1,870 | +35.1% |
| Trade receivables | 40 | €4,860 | €6,806 | +€1,946 | +40.0% |
| Other amounts receivable | 41 | €469 | €393 | -€75 | -16.1% |
| Current investments | 50/53 | €1 | - | -€1 | |
| Cash at bank and in hand | 54/58 | €408 | €4,896 | +€4,488 | +1,099% |
| Deferred charges and accrued income | 490/1 | - | €99 | +€99 | |
| Total equity and liabilities | 10/49 | €37,784 | €38,646 | +€861 | +2.3% |
| Equity | 10/15 | €28,065 | €30,315 | +€2,250 | +8.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €8,065 | €10,315 | +€2,250 | +27.9% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €6,065 | €8,315 | +€2,250 | +37.1% |
| Amounts payable | 17/49 | €9,719 | €8,331 | -€1,388 | -14.3% |
| Amounts payable after more than one year | 17 | €5,000 | €2,500 | -€2,500 | -50.0% |
| Financial debts | 170/4 | €5,000 | €2,500 | -€2,500 | -50.0% |
| Amounts payable within one year | 42/48 | €4,719 | €5,831 | +€1,112 | +23.6% |
| Financial debts | 43 | €2,746 | - | -€2,746 | |
| Credit institutions | 430/8 | €2,746 | - | -€2,746 | |
| Trade debts | 44 | €757 | €5,115 | +€4,359 | +576% |
| Suppliers | 440/4 | €757 | €5,115 | +€4,359 | +576% |
| Taxes, remuneration and social security | 45 | €966 | €716 | -€251 | -25.9% |
| Taxes | 450/3 | €966 | €716 | -€251 | -25.9% |
| Other amounts payable | 47/48 | €250 | - | -€250 | |
| Non-recurring operating income | 76A | €5,000 | - | -€5,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,477 | €4,159 | +€682 | +19.6% |
| Other operating charges | 640/8 | €960 | €689 | -€270 | -28.2% |
| Non-recurring operating charges | 66A | €123 | - | -€123 | |
| Gross operating margin | 9900 | €10,467 | €8,710 | -€1,757 | -16.8% |
| Operating profit (loss) | 9901 | €5,907 | €3,861 | -€2,045 | -34.6% |
| Financial income | 75/76B | €12 | €0 | -€12 | -99.8% |
| Recurring financial income | 75 | €12 | €0 | -€12 | -99.8% |
| Financial charges | 65/66B | €759 | €501 | -€258 | -34.0% |
| Recurring financial charges | 65 | €759 | €501 | -€258 | -34.0% |
| Profit (loss) for the period before taxes | 9903 | €5,160 | €3,360 | -€1,799 | -34.9% |
| Income taxes | 67/77 | €1,536 | €1,111 | -€425 | -27.7% |
| Profit (loss) for the period | 9904 | €3,624 | €2,250 | -€1,374 | -37.9% |
| Profit (loss) for the period to be appropriated | 9905 | €3,624 | €2,250 | -€1,374 | -37.9% |
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 26 October 2026 via checked.be.