BELTRIMEX: 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.
BELTRIMEX
Largest movements
- Cash +€255,223
up €255,223 (+2,046%), from €12,473 to €267,696
mainly Current investments (+€179,502) and Other debts (+€153,713)
- Current investments -€179,502
down €179,502 (-16.4%), from €1.1m to €915,638
- Receivables within one year +€122,329
up €122,329 (+399%), from €30,679 to €153,008
of which Trade receivables: +€121,849
- Other debts +€153,713
up €153,713 (+59.3%), from €259,142 to €412,856
- Profit (loss) carried forward +€22,476
up €22,476 (+2.8%), from €813,950 to €836,426
- Trade debts +€21,862
up €21,862 (+266%), from €8,219 to €30,081
- Financial income +€5,827
up €5,827 (+25.5%), from €22,825 to €28,651
- Taxes +€1,688
up €1,688 (+28.8%), from €5,859 to €7,547
- Gross operating margin +€1,046
up €1,046 (+44.0%), from €2,377 to €3,422
- Other operating charges +€744
up €744 (+76.9%), from €968 to €1,711
- Financial charges -€358
down €358 (-51.3%), from €697 to €340
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 | €1,192,866 | €1,390,917 | +€198,050 | +16.6% |
| Fixed assets | 21/28 | €54,575 | €54,575 | = | 0.0% |
| Financial fixed assets | 28 | €54,575 | €54,575 | = | 0.0% |
| Current assets | 29/58 | €1,138,292 | €1,336,342 | +€198,050 | +17.4% |
| Amounts receivable within one year | 40/41 | €30,679 | €153,008 | +€122,329 | +399% |
| Trade receivables | 40 | €29,030 | €150,879 | +€121,849 | +420% |
| Other amounts receivable | 41 | €1,649 | €2,129 | +€480 | +29.1% |
| Current investments | 50/53 | €1,095,140 | €915,638 | -€179,502 | -16.4% |
| Cash at bank and in hand | 54/58 | €12,473 | €267,696 | +€255,223 | +2,046% |
| Total equity and liabilities | 10/49 | €1,192,866 | €1,390,917 | +€198,050 | +16.6% |
| Equity | 10/15 | €925,505 | €947,980 | +€22,476 | +2.4% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €49,555 | €49,555 | = | 0.0% |
| Distributable reserves | 133 | €49,555 | €49,555 | = | 0.0% |
| Profit (loss) carried forward | 14 | €813,950 | €836,426 | +€22,476 | +2.8% |
| Amounts payable | 17/49 | €267,362 | €442,936 | +€175,575 | +65.7% |
| Amounts payable within one year | 42/48 | €267,362 | €442,936 | +€175,575 | +65.7% |
| Trade debts | 44 | €8,219 | €30,081 | +€21,862 | +266% |
| Suppliers | 440/4 | €8,219 | €30,081 | +€21,862 | +266% |
| Other amounts payable | 47/48 | €259,142 | €412,856 | +€153,713 | +59.3% |
| Other operating charges | 640/8 | €968 | €1,711 | +€744 | +76.9% |
| Gross operating margin | 9900 | €2,377 | €3,422 | +€1,046 | +44.0% |
| Operating profit (loss) | 9901 | €1,409 | €1,711 | +€302 | +21.4% |
| Financial income | 75/76B | €22,825 | €28,651 | +€5,827 | +25.5% |
| Recurring financial income | 75 | €22,825 | €28,651 | +€5,827 | +25.5% |
| Financial charges | 65/66B | €697 | €340 | -€358 | -51.3% |
| Recurring financial charges | 65 | €697 | €340 | -€358 | -51.3% |
| Profit (loss) for the period before taxes | 9903 | €23,536 | €30,022 | +€6,486 | +27.6% |
| Income taxes | 67/77 | €5,859 | €7,547 | +€1,688 | +28.8% |
| Profit (loss) for the period | 9904 | €17,677 | €22,476 | +€4,798 | +27.1% |
| Profit (loss) for the period to be appropriated | 9905 | €17,677 | €22,476 | +€4,798 | +27.1% |
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 21 October 2026 via checked.be.