BELIMTEX: 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.
What changed
BELIMTEX
NACE 46.160, Agents in the wholesale of textiles, clothing, fur, footwear and leather goods
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€176,491
2024 · €683,540-€507,049
Equity
€885,282
2024 · €708,791+€176,491
Cash
€197,864
2024 · €278,436-€80,572
Balance sheet total
€15.3m
2024 · €15.2m+€121,648
Largest movements
Assets
- Receivables after one year -€194,553
down €194,553 (-43.4%), from €448,751 to €254,198
- Stocks and contracts +€158,416
up €158,416 (+28.0%), from €565,839 to €724,255
Equity and liabilities
- Other debts -€1.9m
down €1.9m (-94.7%), from €2.0m to €107,585
- Short-term financial debts +€1.4m
up €1.4m (+17.1%), from €8.0m to €9.4m
- Trade debts +€250,461
up €250,461 (+19.7%), from €1.3m to €1.5m
- Reserves +€175,000
up €175,000 (+25.5%), from €685,000 to €860,000
- Current portion of long-term debt +€160,000
up €160,000 (+208.7%), from €76,667 to €236,667
Income statement
- Turnover +€2.5m
up €2.5m (+9.3%), from €26.9m to €29.4m
- Goods and materials +€1.3m
up €1.3m (+5.7%), from €23.2m to €24.6m
of which Purchases: +€1.8m
- Financial income -€726,233
down €726,233 (-66.5%), from €1.1m to €365,600
- Services and other goods +€473,238
up €473,238 (+14.8%), from €3.2m to €3.7m
- Financial charges +€402,574
up €402,574 (+48.7%), from €827,456 to €1.2m
of which Financial charges: +€389,974
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.
Result 2024
€683,540
Turnover
+€2.5m
Other operating income
+€60,528
Goods and materials
-€1.3m
Services and other goods
-€473,238
Staff costs
-€4,848
Depreciation
-€8,192
Write-downs
+€40,870
Other operating charges
-€62,521
Other operating items
-€76,200
Financial income
-€726,233
Financial charges
-€402,574
Taxes
-€37,496
Result 2025
€176,491
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.
From operations
-€1.6m
Investment
-€117,207
Financing
+€1.6m
Cash 2024
€278,436
From operations (derived)
-€1.6m
Net result for the year
+€176,491
Depreciation
+€22,593
Receivables after one year
+€194,553
Stocks and contracts
-€158,416
Receivables within one year
-€138,936
Smaller working-capital items
-€6,860
Trade debts
+€250,461
Other debts
-€1.9m
Investment (derived)
-€117,207
Investment in fixed assets (net)
-€117,207
Financing
+€1.6m
Debts after one year
+€96,667
Current portion of long-term debt
+€160,000
Short-term financial debts
+€1.4m
Cash 2025
€197,864
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €15,187,387 | €15,309,035 | +€121,648 | +0.8% |
| Fixed assets | 21/28 | €229,586 | €324,201 | +€94,615 | +41.2% |
| Intangible fixed assets | 21 | €12,820 | €9,935 | -€2,885 | -22.5% |
| Tangible fixed assets | 22/27 | €151,166 | €138,884 | -€12,283 | -8.1% |
| Plant, machinery and equipment | 23 | €19,153 | €17,145 | -€2,009 | -10.5% |
| Furniture and vehicles | 24 | €124,408 | €109,441 | -€14,967 | -12.0% |
| Other tangible fixed assets | 26 | €7,605 | €12,298 | +€4,693 | +61.7% |
| Financial fixed assets | 28 | €65,600 | €175,382 | +€109,782 | +167.4% |
| Affiliated companies | 280/1 | €53,000 | €70,000 | +€17,000 | +32.1% |
| Participating interests | 280 | €53,000 | €70,000 | +€17,000 | +32.1% |
| Other financial fixed assets | 284/8 | €12,600 | €105,382 | +€92,782 | +736.4% |
| Shares | 284 | €12,600 | €105,382 | +€92,782 | +736.4% |
| Current assets | 29/58 | €14,957,801 | €14,984,835 | +€27,033 | +0.2% |
| Amounts receivable after more than one year | 29 | €448,751 | €254,198 | -€194,553 | -43.4% |
| Other amounts receivable | 291 | €448,751 | €254,198 | -€194,553 | -43.4% |
| Stocks and contracts in progress | 3 | €565,839 | €724,255 | +€158,416 | +28.0% |
| Stocks | 30/36 | €565,839 | €724,255 | +€158,416 | +28.0% |
| Goods purchased for resale | 34 | €565,839 | €724,255 | +€158,416 | +28.0% |
| Amounts receivable within one year | 40/41 | €13,659,089 | €13,798,025 | +€138,936 | +1.0% |
| Trade receivables | 40 | €12,267,085 | €12,927,070 | +€659,985 | +5.4% |
| Other amounts receivable | 41 | €1,392,004 | €870,956 | -€521,049 | -37.4% |
| Cash at bank and in hand | 54/58 | €278,436 | €197,864 | -€80,572 | -28.9% |
| Deferred charges and accrued income | 490/1 | €5,686 | €10,492 | +€4,806 | +84.5% |
| Total equity and liabilities | 10/49 | €15,187,387 | €15,309,035 | +€121,648 | +0.8% |
| Equity | 10/15 | €708,791 | €885,282 | +€176,491 | +24.9% |
| Contributions | 10/11 | €22,600 | €22,600 | = | 0.0% |
| Reserves | 13 | €685,000 | €860,000 | +€175,000 | +25.5% |
| Distributable reserves | 133 | €685,000 | €860,000 | +€175,000 | +25.5% |
| Profit (loss) carried forward | 14 | €1,191 | €2,682 | +€1,491 | +125.2% |
| Amounts payable | 17/49 | €14,478,596 | €14,423,753 | -€54,843 | -0.4% |
| Amounts payable after more than one year | 17 | €3,105,000 | €3,201,667 | +€96,667 | +3.1% |
| Financial debts | 170/4 | €3,105,000 | €3,201,667 | +€96,667 | +3.1% |
| Subordinated loans | 170 | €3,000,000 | €3,000,000 | = | 0.0% |
| Credit institutions | 173 | €105,000 | €201,667 | +€96,667 | +92.1% |
| Amounts payable within one year | 42/48 | €11,373,596 | €11,222,087 | -€151,510 | -1.3% |
| Current portion of amounts payable after more than one year | 42 | €76,667 | €236,667 | +€160,000 | +208.7% |
| Financial debts | 43 | €7,982,376 | €9,350,884 | +€1.4m | +17.1% |
| Credit institutions | 430/8 | €7,982,376 | €9,350,884 | +€1.4m | +17.1% |
| Trade debts | 44 | €1,269,653 | €1,520,114 | +€250,461 | +19.7% |
| Suppliers | 440/4 | €1,269,653 | €1,520,114 | +€250,461 | +19.7% |
| Taxes, remuneration and social security | 45 | €8,890 | €6,836 | -€2,054 | -23.1% |
| Remuneration and social security | 454/9 | €8,890 | €6,836 | -€2,054 | -23.1% |
| Other amounts payable | 47/48 | €2,036,011 | €107,585 | -€1.9m | -94.7% |
| Operating income | 70/76A | €27,161,800 | €29,711,285 | +€2.5m | +9.4% |
| Turnover | 70 | €26,924,172 | €29,429,612 | +€2.5m | +9.3% |
| Other operating income | 74 | €206,970 | €267,499 | +€60,528 | +29.2% |
| Non-recurring operating income | 76A | €30,658 | €14,174 | -€16,484 | -53.8% |
| Operating charges | 60/66A | €26,742,413 | €28,632,643 | +€1.9m | +7.1% |
| Goods for resale, raw materials and consumables | 60 | €23,240,630 | €24,563,216 | +€1.3m | +5.7% |
| Purchases | 600/8 | €22,946,793 | €24,721,631 | +€1.8m | +7.7% |
| Change in stocks: decrease (increase) | 609 | €293,836 | -€158,416 | -€452,252 | |
| Services and other goods | 61 | €3,206,092 | €3,679,330 | +€473,238 | +14.8% |
| Remuneration, social security and pensions | 62 | €58,907 | €63,755 | +€4,848 | +8.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,401 | €22,593 | +€8,192 | +56.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €9,295 | -€31,576 | -€40,870 | |
| Other operating charges | 640/8 | €206,085 | €268,606 | +€62,521 | +30.3% |
| Non-recurring operating charges | 66A | €7,003 | €66,719 | +€59,716 | +852.7% |
| Operating profit (loss) | 9901 | €419,387 | €1,078,642 | +€659,255 | +157.2% |
| Financial income | 75/76B | €1,091,833 | €365,600 | -€726,233 | -66.5% |
| Recurring financial income | 75 | €1,091,833 | €365,600 | -€726,233 | -66.5% |
| Income from financial fixed assets | 750 | €13,022 | €26,079 | +€13,057 | +100.3% |
| Income from current assets | 751 | €759,647 | - | -€759,647 | |
| Other financial income | 752/9 | €319,164 | €339,521 | +€20,357 | +6.4% |
| Financial charges | 65/66B | €827,456 | €1,230,030 | +€402,574 | +48.7% |
| Recurring financial charges | 65 | €827,456 | €1,217,430 | +€389,974 | +47.1% |
| Debt charges | 650 | €472,140 | €646,069 | +€173,928 | +36.8% |
| Other financial charges | 652/9 | €355,316 | €571,362 | +€216,046 | +60.8% |
| Non-recurring financial charges | 66B | - | €12,600 | +€12,600 | |
| Profit (loss) for the period before taxes | 9903 | €683,764 | €214,211 | -€469,553 | -68.7% |
| Income taxes | 67/77 | €224 | €37,720 | +€37,496 | +16710.9% |
| Taxes | 670/3 | €224 | €37,720 | +€37,496 | +16710.9% |
| Profit (loss) for the period | 9904 | €683,540 | €176,491 | -€507,049 | -74.2% |
| Profit (loss) for the period to be appropriated | 9905 | €683,540 | €176,491 | -€507,049 | -74.2% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.