BELMONTE & ASSOCIÉS: 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.
BELMONTE & ASSOCIÉS
Largest movements
- Tangible fixed assets -€36,450
down €36,450 (-5.3%), from €693,190 to €656,740
of which Land and buildings: -€36,241
- Cash +€30,605
up €30,605 (+5.2%), from €586,705 to €617,310
mainly Net result for the year (+€66,063) and Depreciation (+€36,450)
- Receivables within one year -€19,239
down €19,239 (-18.4%), from €104,418 to €85,179
of which Trade receivables: -€19,247
- Debts after one year -€49,593
no longer reported in 2024 (was €49,593)
- Reserves -€37,053
down €37,053 (-4.8%), from €773,989 to €736,936
of which Distributable reserves: -€37,053
- Tax, wage and social debts +€32,223
up €32,223 (+47.0%), from €68,607 to €100,830
of which Taxes: +€27,715
- Other debts +€26,243
up €26,243 (+21.9%), from €119,600 to €145,843
- Gross operating margin -€185,512
down €185,512 (-45.6%), from €406,631 to €221,120
- Taxes -€75,758
down €75,758 (-73.0%), from €103,792 to €28,034
- Financial charges +€50,189
up €50,189 (+1,774%), from €2,829 to €53,018
- Staff costs +€6,456
up €6,456 (+23.3%), from €27,742 to €34,197
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,384,339 | €1,359,254 | -€25,084 | -1.8% |
| Fixed assets | 21/28 | €693,215 | €656,765 | -€36,450 | -5.3% |
| Tangible fixed assets | 22/27 | €693,190 | €656,740 | -€36,450 | -5.3% |
| Land and buildings | 22 | €692,981 | €656,740 | -€36,241 | -5.2% |
| Other tangible fixed assets | 26 | €209 | - | -€209 | |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €691,123 | €702,489 | +€11,366 | +1.6% |
| Amounts receivable within one year | 40/41 | €104,418 | €85,179 | -€19,239 | -18.4% |
| Trade receivables | 40 | €68,597 | €49,350 | -€19,247 | -28.1% |
| Other amounts receivable | 41 | €35,821 | €35,830 | +€8 | 0.0% |
| Cash at bank and in hand | 54/58 | €586,705 | €617,310 | +€30,605 | +5.2% |
| Total equity and liabilities | 10/49 | €1,384,339 | €1,359,254 | -€25,084 | -1.8% |
| Equity | 10/15 | €1,091,451 | €1,054,398 | -€37,053 | -3.4% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Reserves | 13 | €773,989 | €736,936 | -€37,053 | -4.8% |
| Non-distributable reserves | 130/1 | €7,000 | €7,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €7,000 | €7,000 | = | 0.0% |
| Distributable reserves | 133 | €766,989 | €729,936 | -€37,053 | -4.8% |
| Profit (loss) carried forward | 14 | €247,462 | €247,462 | = | 0.0% |
| Amounts payable | 17/49 | €292,887 | €304,856 | +€11,969 | +4.1% |
| Amounts payable after more than one year | 17 | €49,593 | - | -€49,593 | |
| Financial debts | 170/4 | €49,593 | - | -€49,593 | |
| Amounts payable within one year | 42/48 | €243,294 | €304,856 | +€61,562 | +25.3% |
| Current portion of amounts payable after more than one year | 42 | €53,191 | €49,593 | -€3,598 | -6.8% |
| Trade debts | 44 | €1,896 | €8,590 | +€6,694 | +353% |
| Suppliers | 440/4 | €1,896 | €8,590 | +€6,694 | +353% |
| Taxes, remuneration and social security | 45 | €68,607 | €100,830 | +€32,223 | +47.0% |
| Taxes | 450/3 | €57,086 | €84,802 | +€27,715 | +48.6% |
| Remuneration and social security | 454/9 | €11,521 | €16,028 | +€4,507 | +39.1% |
| Other amounts payable | 47/48 | €119,600 | €145,843 | +€26,243 | +21.9% |
| Remuneration, social security and pensions | 62 | €27,742 | €34,197 | +€6,456 | +23.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €39,577 | €36,450 | -€3,127 | -7.9% |
| Other operating charges | 640/8 | €5,762 | €6,262 | +€501 | +8.7% |
| Gross operating margin | 9900 | €406,631 | €221,120 | -€185,512 | -45.6% |
| Operating profit (loss) | 9901 | €333,552 | €144,210 | -€189,342 | -56.8% |
| Financial income | 75/76B | €1,895 | €2,906 | +€1,011 | +53.3% |
| Recurring financial income | 75 | €1,895 | €2,906 | +€1,011 | +53.3% |
| Financial charges | 65/66B | €2,829 | €53,018 | +€50,189 | +1,774% |
| Recurring financial charges | 65 | €2,829 | €53,018 | +€50,189 | +1,774% |
| Profit (loss) for the period before taxes | 9903 | €332,618 | €94,097 | -€238,520 | -71.7% |
| Income taxes | 67/77 | €103,792 | €28,034 | -€75,758 | -73.0% |
| Profit (loss) for the period | 9904 | €228,826 | €66,063 | -€162,763 | -71.1% |
| Profit (loss) for the period to be appropriated | 9905 | €228,826 | €66,063 | -€162,763 | -71.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.