BELMANS - BARBERIEN: 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.
BELMANS - BARBERIEN
Largest movements
- Cash -€26,641
down €26,641 (-64.6%), from €41,236 to €14,595
mainly Net result for the year (-€13,732) and Trade debts (-€13,600)
- Tangible fixed assets -€19,422
down €19,422 (-28.0%), from €69,466 to €50,045
of which Plant, machinery and equipment: -€11,912
- Receivables within one year +€13,296
up €13,296 (+199%), from €6,683 to €19,980
of which Other amounts receivable: +€8,950
- Stocks and contracts +€6,596
up €6,596 (+111%), from €5,935 to €12,530
- Deferred charges and accrued income -€3,317
down €3,317 (-20.8%), from €15,948 to €12,631
- Reserves -€13,732
down €13,732 (-20.5%), from €66,898 to €53,166
of which Distributable reserves: -€11,294
- Trade debts -€13,600
down €13,600 (-38.6%), from €35,264 to €21,664
- Tax, wage and social debts -€2,156
down €2,156 (-11.6%), from €18,515 to €16,359
of which Remuneration and social security: -€1,753
- Gross operating margin -€15,531
down €15,531 (-5.6%), from €277,398 to €261,868
- Staff costs -€8,921
down €8,921 (-3.4%), from €260,243 to €251,322
- Financial income -€6,497
down €6,497 (-98.0%), from €6,626 to €129
of which Non-recurring financial income: -€6,502
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 | €139,268 | €109,781 | -€29,488 | -21.2% |
| Fixed assets | 21/28 | €69,466 | €50,045 | -€19,422 | -28.0% |
| Tangible fixed assets | 22/27 | €69,466 | €50,045 | -€19,422 | -28.0% |
| Land and buildings | 22 | €31,477 | €26,969 | -€4,507 | -14.3% |
| Plant, machinery and equipment | 23 | €31,740 | €19,829 | -€11,912 | -37.5% |
| Furniture and vehicles | 24 | €6,249 | €3,247 | -€3,002 | -48.0% |
| Current assets | 29/58 | €69,802 | €59,736 | -€10,066 | -14.4% |
| Stocks and contracts in progress | 3 | €5,935 | €12,530 | +€6,596 | +111% |
| Stocks | 30/36 | €5,935 | €12,530 | +€6,596 | +111% |
| Amounts receivable within one year | 40/41 | €6,683 | €19,980 | +€13,296 | +199% |
| Trade receivables | 40 | €2,679 | €7,025 | +€4,346 | +162% |
| Other amounts receivable | 41 | €4,004 | €12,954 | +€8,950 | +224% |
| Cash at bank and in hand | 54/58 | €41,236 | €14,595 | -€26,641 | -64.6% |
| Deferred charges and accrued income | 490/1 | €15,948 | €12,631 | -€3,317 | -20.8% |
| Total equity and liabilities | 10/49 | €139,268 | €109,781 | -€29,488 | -21.2% |
| Equity | 10/15 | €85,490 | €71,758 | -€13,732 | -16.1% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €66,898 | €53,166 | -€13,732 | -20.5% |
| Non-distributable reserves | 130/1 | €2,438 | - | -€2,438 | |
| Reserves not available under the articles | 1311 | €2,438 | - | -€2,438 | |
| Distributable reserves | 133 | €64,460 | €53,166 | -€11,294 | -17.5% |
| Amounts payable | 17/49 | €53,779 | €38,023 | -€15,756 | -29.3% |
| Amounts payable within one year | 42/48 | €53,779 | €38,023 | -€15,756 | -29.3% |
| Trade debts | 44 | €35,264 | €21,664 | -€13,600 | -38.6% |
| Suppliers | 440/4 | €35,264 | €21,664 | -€13,600 | -38.6% |
| Taxes, remuneration and social security | 45 | €18,515 | €16,359 | -€2,156 | -11.6% |
| Taxes | 450/3 | €1,203 | €799 | -€404 | -33.5% |
| Remuneration and social security | 454/9 | €17,312 | €15,559 | -€1,753 | -10.1% |
| Non-recurring operating income | 76A | €1,875 | - | -€1,875 | |
| Remuneration, social security and pensions | 62 | €260,243 | €251,322 | -€8,921 | -3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,310 | €19,422 | +€112 | +0.6% |
| Other operating charges | 640/8 | €1,360 | €1,817 | +€457 | +33.6% |
| Gross operating margin | 9900 | €277,398 | €261,868 | -€15,531 | -5.6% |
| Operating profit (loss) | 9901 | -€3,514 | -€10,693 | -€7,178 | -204% |
| Financial income | 75/76B | €6,626 | €129 | -€6,497 | -98.0% |
| Recurring financial income | 75 | €125 | €129 | +€4 | +3.6% |
| Non-recurring financial income | 76B | €6,502 | - | -€6,502 | |
| Financial charges | 65/66B | €3,966 | €2,811 | -€1,155 | -29.1% |
| Recurring financial charges | 65 | €3,966 | €2,811 | -€1,155 | -29.1% |
| Profit (loss) for the period before taxes | 9903 | -€854 | -€13,374 | -€12,520 | -1,466% |
| Income taxes | 67/77 | €390 | €358 | -€32 | -8.3% |
| Profit (loss) for the period | 9904 | -€1,244 | -€13,732 | -€12,488 | -1,004% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,244 | -€13,732 | -€12,488 | -1,004% |
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 30 October 2026 via checked.be.