Belitum: 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.
Belitum
Largest movements
- Cash +€3,452
up €3,452 (+25.4%), from €13,596 to €17,048
mainly Net result for the year (+€3,710) and Trade debts (+€123)
- Receivables within one year +€500
up €500, from €0 to €500
- Reserves +€3,779
up €3,779 (+37.0%), from €10,200 to €13,979
- Gross operating margin +€625
up €625 (+13.5%), from €4,612 to €5,237
- Other operating charges +€389
up €389 (+610.1%), from €64 to €453
- Taxes +€132
up €132 (+14.6%), from €903 to €1,034
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 | €13,596 | €17,548 | +€3,952 | +29.1% |
| Current assets | 29/58 | €13,596 | €17,548 | +€3,952 | +29.1% |
| Amounts receivable within one year | 40/41 | €0 | €500 | +€500 | |
| Trade receivables | 40 | €0 | €500 | +€500 | |
| Cash at bank and in hand | 54/58 | €13,596 | €17,048 | +€3,452 | +25.4% |
| Total equity and liabilities | 10/49 | €13,596 | €17,548 | +€3,952 | +29.1% |
| Equity | 10/15 | €12,269 | €15,979 | +€3,710 | +30.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €10,200 | €13,979 | +€3,779 | +37.0% |
| Distributable reserves | 133 | €10,200 | €13,979 | +€3,779 | +37.0% |
| Profit (loss) carried forward | 14 | €69 | €0 | -€69 | -100.0% |
| Amounts payable | 17/49 | €1,327 | €1,569 | +€242 | +18.2% |
| Amounts payable within one year | 42/48 | €1,327 | €1,569 | +€242 | +18.2% |
| Trade debts | 44 | €71 | €194 | +€123 | +172.7% |
| Suppliers | 440/4 | €71 | €194 | +€123 | +172.7% |
| Taxes, remuneration and social security | 45 | €1,256 | €1,376 | +€119 | +9.5% |
| Taxes | 450/3 | €1,256 | €1,376 | +€119 | +9.5% |
| Other operating charges | 640/8 | €64 | €453 | +€389 | +610.1% |
| Gross operating margin | 9900 | €4,612 | €5,237 | +€625 | +13.5% |
| Operating profit (loss) | 9901 | €4,548 | €4,784 | +€235 | +5.2% |
| Financial charges | 65/66B | €35 | €39 | +€4 | +12.0% |
| Recurring financial charges | 65 | €35 | €39 | +€4 | +12.0% |
| Profit (loss) for the period before taxes | 9903 | €4,513 | €4,744 | +€231 | +5.1% |
| Income taxes | 67/77 | €903 | €1,034 | +€132 | +14.6% |
| Profit (loss) for the period | 9904 | €3,611 | €3,710 | +€100 | +2.8% |
| Profit (loss) for the period to be appropriated | 9905 | €3,611 | €3,710 | +€100 | +2.8% |
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 7 October 2026 via checked.be.