BELUX COMPTA: what changed
Two fiscal 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.
BELUX COMPTA
Largest movements
- Cash +€28,044
up €28,044 (+33.0%), from €85,050 to €113,094
mainly Net result for the year (+€42,145) and Depreciation (+€16,869)
- Receivables within one year -€8,868
down €8,868 (-5.3%), from €165,921 to €157,052
of which Trade receivables: -€11,977
- Intangible fixed assets -€5,000
down €5,000 (-28.6%), from €17,479 to €12,479
- Tangible fixed assets -€3,209
down €3,209 (-9.9%), from €32,451 to €29,241
of which Furniture and vehicles: -€3,231
- Profit (loss) carried forward +€42,145
up €42,145 (+17.4%), from €242,092 to €284,237
- Tax, wage and social debts -€20,748
down €20,748 (-47.7%), from €43,526 to €22,778
of which Taxes: -€18,732
- Current portion of long-term debt -€5,113
no longer reported in 2025 (was €5,113)
- Trade debts -€4,750
down €4,750 (-38.1%), from €12,456 to €7,705
- Gross operating margin +€18,734
up €18,734 (+16.8%), from €111,753 to €130,487
- Staff costs +€5,497
up €5,497 (+11.1%), from €49,298 to €54,794
- Depreciation +€3,494
up €3,494 (+26.1%), from €13,376 to €16,869
- Taxes +€1,405
up €1,405 (+10.3%), from €13,611 to €15,015
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.
Cash bridge derived
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 | €308,618 | €317,444 | +€8,826 | +2.9% |
| Fixed assets | 21/28 | €51,435 | €43,226 | -€8,209 | -16.0% |
| Intangible fixed assets | 21 | €17,479 | €12,479 | -€5,000 | -28.6% |
| Tangible fixed assets | 22/27 | €32,451 | €29,241 | -€3,209 | -9.9% |
| Land and buildings | 22 | €0 | - | = | |
| Plant, machinery and equipment | 23 | €7,894 | €7,916 | +€22 | +0.3% |
| Furniture and vehicles | 24 | €24,557 | €21,326 | -€3,231 | -13.2% |
| Financial fixed assets | 28 | €1,505 | €1,505 | = | 0.0% |
| Current assets | 29/58 | €257,183 | €274,218 | +€17,035 | +6.6% |
| Amounts receivable within one year | 40/41 | €165,921 | €157,052 | -€8,868 | -5.3% |
| Trade receivables | 40 | €165,921 | €153,944 | -€11,977 | -7.2% |
| Other amounts receivable | 41 | €0 | €3,109 | +€3,109 | |
| Cash at bank and in hand | 54/58 | €85,050 | €113,094 | +€28,044 | +33.0% |
| Deferred charges and accrued income | 490/1 | €6,212 | €4,071 | -€2,141 | -34.5% |
| Total equity and liabilities | 10/49 | €308,618 | €317,444 | +€8,826 | +2.9% |
| Equity | 10/15 | €244,592 | €286,737 | +€42,145 | +17.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €242,092 | €284,237 | +€42,145 | +17.4% |
| Amounts payable | 17/49 | €64,026 | €30,707 | -€33,318 | -52.0% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €61,874 | €30,483 | -€31,391 | -50.7% |
| Current portion of amounts payable after more than one year | 42 | €5,113 | - | -€5,113 | |
| Trade debts | 44 | €12,456 | €7,705 | -€4,750 | -38.1% |
| Suppliers | 440/4 | €12,456 | €7,705 | -€4,750 | -38.1% |
| Taxes, remuneration and social security | 45 | €43,526 | €22,778 | -€20,748 | -47.7% |
| Taxes | 450/3 | €30,501 | €11,769 | -€18,732 | -61.4% |
| Remuneration and social security | 454/9 | €13,025 | €11,009 | -€2,016 | -15.5% |
| Other amounts payable | 47/48 | €780 | - | -€780 | |
| Accrued charges and deferred income | 492/3 | €2,151 | €224 | -€1,927 | -89.6% |
| Remuneration, social security and pensions | 62 | €49,298 | €54,794 | +€5,497 | +11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,376 | €16,869 | +€3,494 | +26.1% |
| Other operating charges | 640/8 | €1,048 | €1,365 | +€318 | +30.3% |
| Gross operating margin | 9900 | €111,753 | €130,487 | +€18,734 | +16.8% |
| Operating profit (loss) | 9901 | €48,032 | €57,458 | +€9,426 | +19.6% |
| Financial income | 75/76B | €0 | €8 | +€8 | |
| Recurring financial income | 75 | €0 | €8 | +€8 | |
| Financial charges | 65/66B | €759 | €306 | -€453 | -59.6% |
| Recurring financial charges | 65 | €759 | €306 | -€453 | -59.6% |
| Profit (loss) for the period before taxes | 9903 | €47,273 | €57,160 | +€9,887 | +20.9% |
| Income taxes | 67/77 | €13,611 | €15,015 | +€1,405 | +10.3% |
| Profit (loss) for the period | 9904 | €33,662 | €42,145 | +€8,482 | +25.2% |
| Profit (loss) for the period to be appropriated | 9905 | €33,662 | €42,145 | +€8,482 | +25.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.