BELPORT-BRABUS: 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.
BELPORT-BRABUS
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Other debts +€189,161
up €189,161 (+190%), from €99,700 to €288,861
- Debts after one year -€152,500
down €152,500 (-79.2%), from €192,500 to €40,000
- Reserves -€17,842
down €17,842 (-4.9%), from €367,187 to €349,345
- Accrued charges and deferred income -€10,446
down €10,446 (-100%), from €10,446 to €0
- Financial income +€79,999
up €79,999 (+114%), from €70,001 to €150,000
- Gross operating margin +€22,817
up €22,817 (+79.4%), from €28,724 to €51,541
- Taxes +€6,066
up €6,066 (+131%), from €4,646 to €10,711
- Financial charges -€1,324
down €1,324 (-18.7%), from €7,064 to €5,739
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 | €836,731 | €846,069 | +€9,339 | +1.1% |
| Fixed assets | 21/28 | €815,420 | €815,420 | = | 0.0% |
| Financial fixed assets | 28 | €815,420 | €815,420 | = | 0.0% |
| Current assets | 29/58 | €21,311 | €30,649 | +€9,339 | +43.8% |
| Amounts receivable within one year | 40/41 | €12,154 | €18,740 | +€6,586 | +54.2% |
| Trade receivables | 40 | €12,154 | €16,851 | +€4,697 | +38.6% |
| Other amounts receivable | 41 | - | €1,889 | +€1,889 | |
| Cash at bank and in hand | 54/58 | €8,456 | €11,909 | +€3,454 | +40.8% |
| Deferred charges and accrued income | 490/1 | €701 | €0 | -€701 | -100% |
| Total equity and liabilities | 10/49 | €836,731 | €846,069 | +€9,339 | +1.1% |
| Equity | 10/15 | €467,187 | €449,345 | -€17,842 | -3.8% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €367,187 | €349,345 | -€17,842 | -4.9% |
| Distributable reserves | 133 | €367,187 | €349,345 | -€17,842 | -4.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €369,544 | €396,725 | +€27,181 | +7.4% |
| Amounts payable after more than one year | 17 | €192,500 | €40,000 | -€152,500 | -79.2% |
| Financial debts | 170/4 | €192,500 | €40,000 | -€152,500 | -79.2% |
| Amounts payable within one year | 42/48 | €166,598 | €356,725 | +€190,127 | +114% |
| Current portion of amounts payable after more than one year | 42 | €56,667 | €52,500 | -€4,167 | -7.4% |
| Trade debts | 44 | €7,901 | €12,464 | +€4,563 | +57.7% |
| Suppliers | 440/4 | €7,901 | €12,464 | +€4,563 | +57.7% |
| Taxes, remuneration and social security | 45 | €2,330 | €2,900 | +€570 | +24.5% |
| Taxes | 450/3 | €2,330 | €2,900 | +€570 | +24.5% |
| Other amounts payable | 47/48 | €99,700 | €288,861 | +€189,161 | +190% |
| Accrued charges and deferred income | 492/3 | €10,446 | €0 | -€10,446 | -100% |
| Other operating charges | 640/8 | €3,079 | €2,932 | -€147 | -4.8% |
| Gross operating margin | 9900 | €28,724 | €51,541 | +€22,817 | +79.4% |
| Operating profit (loss) | 9901 | €25,645 | €48,608 | +€22,964 | +89.5% |
| Financial income | 75/76B | €70,001 | €150,000 | +€79,999 | +114% |
| Recurring financial income | 75 | €70,001 | €150,000 | +€79,999 | +114% |
| Financial charges | 65/66B | €7,064 | €5,739 | -€1,324 | -18.7% |
| Recurring financial charges | 65 | €7,064 | €5,739 | -€1,324 | -18.7% |
| Profit (loss) for the period before taxes | 9903 | €88,582 | €192,869 | +€104,287 | +118% |
| Income taxes | 67/77 | €4,646 | €10,711 | +€6,066 | +131% |
| Profit (loss) for the period | 9904 | €83,937 | €182,158 | +€98,221 | +117% |
| Profit (loss) for the period to be appropriated | 9905 | €83,937 | €182,158 | +€98,221 | +117% |
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 28 October 2026 via checked.be.