BELON CONSULTING: what changed
What changed
BELON CONSULTING
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€112,842
2024 · €53,245+€59,597
Equity
€238,013
2024 · €187,171+€50,842
Cash
€79,980
2024 · €5,747+€74,233
Balance sheet total
€432,204
2024 · €411,904+€20,300
Largest movements
Assets
- Cash +€74,233
up €74,233 (+1,292%), from €5,747 to €79,980
mainly Net result for the year (+€112,842) and Other debts (+€32,533)
- Receivables after one year -€30,000
no longer reported in 2025 (was €30,000)
- Current investments -€25,433
down €25,433 (-6.9%), from €367,472 to €342,039
Equity and liabilities
- Debts after one year -€50,000
down €50,000 (-83.3%), from €60,000 to €10,000
- Profit (loss) carried forward +€47,842
up €47,842 (+2,245%), from €2,131 to €49,973
- Other debts +€32,533
up €32,533 (+33.1%), from €98,431 to €130,964
- Short-term financial debts -€7,889
down €7,889 (-22.6%), from €34,965 to €27,075
- Tax, wage and social debts -€5,002
down €5,002 (-17.1%), from €29,214 to €24,212
of which Taxes: -€5,233
Income statement
- Financial charges -€72,879
down €72,879 (-73.7%), from €98,840 to €25,961
- Financial income -€68,751
down €68,751 (-43.0%), from €159,726 to €90,974
- Gross operating margin +€42,200
up €42,200 (+133%), from €31,755 to €73,954
- Taxes -€14,181
down €14,181 (-42.5%), from €33,388 to €19,208
- Other operating charges +€4,185
up €4,185 (+153%), from €2,732 to €6,918
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€53,245
Gross operating margin
+€42,200
Depreciation
+€3,274
Other operating charges
-€4,185
Financial income
-€68,751
Financial charges
+€72,879
Taxes
+€14,181
Result 2025
€112,842
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€169,289
Investment
+€25,243
Financing
-€120,299
Cash 2024
€5,747
From operations (derived)
+€169,289
Net result for the year
+€112,842
Receivables after one year
+€30,000
Receivables within one year
-€2,573
Deferred charges and accrued income
+€1,263
Trade debts
+€565
Tax, wage and social debts
-€5,002
Other debts
+€32,533
Accrued charges and deferred income
-€339
Investment (derived)
+€25,243
Investment in fixed assets (net)
-€190
Current investments
+€25,433
Financing
-€120,299
Debts after one year
-€50,000
Current portion of long-term debt
-€410
Short-term financial debts
-€7,889
Contributions, distributions and other
-€62,000
Cash 2025
€79,980
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €411,904 | €432,204 | +€20,300 | +4.9% |
| Fixed assets | 21/28 | €483 | €673 | +€190 | +39.3% |
| Financial fixed assets | 28 | €483 | €673 | +€190 | +39.3% |
| Current assets | 29/58 | €411,421 | €431,531 | +€20,110 | +4.9% |
| Amounts receivable after more than one year | 29 | €30,000 | - | -€30,000 | |
| Other amounts receivable | 291 | €30,000 | - | -€30,000 | |
| Amounts receivable within one year | 40/41 | €6,301 | €8,874 | +€2,573 | +40.8% |
| Trade receivables | 40 | €6,275 | €8,869 | +€2,595 | +41.3% |
| Other amounts receivable | 41 | €26 | €5 | -€21 | -81.8% |
| Current investments | 50/53 | €367,472 | €342,039 | -€25,433 | -6.9% |
| Cash at bank and in hand | 54/58 | €5,747 | €79,980 | +€74,233 | +1,292% |
| Deferred charges and accrued income | 490/1 | €1,902 | €639 | -€1,263 | -66.4% |
| Total equity and liabilities | 10/49 | €411,904 | €432,204 | +€20,300 | +4.9% |
| Equity | 10/15 | €187,171 | €238,013 | +€50,842 | +27.2% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €63,400 | €63,400 | = | 0.0% |
| Uncalled capital | 101 | €1,900 | €1,900 | = | 0.0% |
| Reserves | 13 | €123,540 | €126,540 | +€3,000 | +2.4% |
| Non-distributable reserves | 130/1 | €3,340 | €6,340 | +€3,000 | +89.8% |
| Legal reserve | 130 | €3,340 | €6,340 | +€3,000 | +89.8% |
| Distributable reserves | 133 | €120,200 | €120,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,131 | €49,973 | +€47,842 | +2,245% |
| Amounts payable | 17/49 | €224,733 | €194,191 | -€30,542 | -13.6% |
| Amounts payable after more than one year | 17 | €60,000 | €10,000 | -€50,000 | -83.3% |
| Financial debts | 170/4 | €60,000 | €10,000 | -€50,000 | -83.3% |
| Amounts payable within one year | 42/48 | €163,840 | €183,637 | +€19,797 | +12.1% |
| Current portion of amounts payable after more than one year | 42 | €1,019 | €609 | -€410 | -40.2% |
| Financial debts | 43 | €34,965 | €27,075 | -€7,889 | -22.6% |
| Credit institutions | 430/8 | €34,965 | €27,075 | -€7,889 | -22.6% |
| Trade debts | 44 | €212 | €777 | +€565 | +267% |
| Suppliers | 440/4 | €212 | €777 | +€565 | +267% |
| Taxes, remuneration and social security | 45 | €29,214 | €24,212 | -€5,002 | -17.1% |
| Taxes | 450/3 | €27,037 | €21,804 | -€5,233 | -19.4% |
| Remuneration and social security | 454/9 | €2,177 | €2,408 | +€231 | +10.6% |
| Other amounts payable | 47/48 | €98,431 | €130,964 | +€32,533 | +33.1% |
| Accrued charges and deferred income | 492/3 | €893 | €554 | -€339 | -38.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,274 | - | -€3,274 | |
| Other operating charges | 640/8 | €2,732 | €6,918 | +€4,185 | +153% |
| Gross operating margin | 9900 | €31,755 | €73,954 | +€42,200 | +133% |
| Operating profit (loss) | 9901 | €25,748 | €67,037 | +€41,289 | +160% |
| Financial income | 75/76B | €159,726 | €90,974 | -€68,751 | -43.0% |
| Recurring financial income | 75 | €159,726 | €90,974 | -€68,751 | -43.0% |
| Financial charges | 65/66B | €98,840 | €25,961 | -€72,879 | -73.7% |
| Recurring financial charges | 65 | €98,840 | €25,961 | -€72,879 | -73.7% |
| Profit (loss) for the period before taxes | 9903 | €86,634 | €132,050 | +€45,416 | +52.4% |
| Income taxes | 67/77 | €33,388 | €19,208 | -€14,181 | -42.5% |
| Profit (loss) for the period | 9904 | €53,245 | €112,842 | +€59,597 | +112% |
| Profit (loss) for the period to be appropriated | 9905 | €53,245 | €112,842 | +€59,597 | +112% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.