Belux Mondial: what changed
Belux Mondial
Largest movements
- Cash -€229,429
down €229,429 (-60.4%), from €380,024 to €150,595
mainly Trade debts (-€573,587) and Tax, wage and social debts (-€118,030)
- Stocks and contracts -€197,277
no longer reported in 2025 (was €197,277)
- Receivables within one year +€114,724
up €114,724 (+17.9%), from €642,116 to €756,840
of which Trade receivables: +€110,467
- Tangible fixed assets -€48,178
down €48,178 (-86.4%), from €55,756 to €7,578
- Intangible fixed assets -€33,790
no longer reported in 2025 (was €33,790)
- Trade debts -€573,587
down €573,587 (-98.9%), from €580,112 to €6,524
- Reserves +€286,003
up €286,003 (+84.7%), from €337,585 to €623,588
of which Distributable reserves: +€286,003
- Tax, wage and social debts -€118,030
down €118,030 (-89.0%), from €132,550 to €14,520
of which Remuneration and social security: -€101,010
- Gross operating margin -€592,346
down €592,346 (-74.0%), from €800,366 to €208,020
- Staff costs -€438,722
down €438,722 (-65.6%), from €669,265 to €230,544
- Financial income +€428,826
up €428,826 (+56,554%), from €758 to €429,584
of which Non-recurring financial income: +€428,370
- Taxes +€68,293
up €68,293 (+218%), from €31,292 to €99,585
- Depreciation -€20,395
down €20,395 (-88.6%), from €23,026 to €2,631
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,333,127 | €917,180 | -€415,947 | -31.2% |
| Fixed assets | 21/28 | €89,546 | €7,578 | -€81,968 | -91.5% |
| Intangible fixed assets | 21 | €33,790 | - | -€33,790 | |
| Tangible fixed assets | 22/27 | €55,756 | €7,578 | -€48,178 | -86.4% |
| Plant, machinery and equipment | 23 | €20,187 | - | -€20,187 | |
| Furniture and vehicles | 24 | €16,406 | €7,578 | -€8,827 | -53.8% |
| Other tangible fixed assets | 26 | €19,164 | - | -€19,164 | |
| Current assets | 29/58 | €1,243,580 | €909,602 | -€333,979 | -26.9% |
| Stocks and contracts in progress | 3 | €197,277 | - | -€197,277 | |
| Stocks | 30/36 | €197,277 | - | -€197,277 | |
| Amounts receivable within one year | 40/41 | €642,116 | €756,840 | +€114,724 | +17.9% |
| Trade receivables | 40 | €446,351 | €556,818 | +€110,467 | +24.7% |
| Other amounts receivable | 41 | €195,766 | €200,022 | +€4,257 | +2.2% |
| Cash at bank and in hand | 54/58 | €380,024 | €150,595 | -€229,429 | -60.4% |
| Deferred charges and accrued income | 490/1 | €24,164 | €2,167 | -€21,997 | -91.0% |
| Total equity and liabilities | 10/49 | €1,333,127 | €917,180 | -€415,947 | -31.2% |
| Equity | 10/15 | €399,585 | €685,588 | +€286,003 | +71.6% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €337,585 | €623,588 | +€286,003 | +84.7% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €331,385 | €617,388 | +€286,003 | +86.3% |
| Amounts payable | 17/49 | €933,542 | €231,592 | -€701,950 | -75.2% |
| Amounts payable after more than one year | 17 | €200,000 | €200,000 | = | 0.0% |
| Financial debts | 170/4 | €200,000 | €200,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €731,016 | €29,702 | -€701,314 | -95.9% |
| Financial debts | 43 | €8,333 | €8,333 | = | 0.0% |
| Credit institutions | 430/8 | €8,333 | €8,333 | = | 0.0% |
| Trade debts | 44 | €580,112 | €6,524 | -€573,587 | -98.9% |
| Suppliers | 440/4 | €580,112 | €6,524 | -€573,587 | -98.9% |
| Taxes, remuneration and social security | 45 | €132,550 | €14,520 | -€118,030 | -89.0% |
| Taxes | 450/3 | €31,540 | €14,520 | -€17,020 | -54.0% |
| Remuneration and social security | 454/9 | €101,010 | - | -€101,010 | |
| Other amounts payable | 47/48 | €10,021 | €325 | -€9,696 | -96.8% |
| Accrued charges and deferred income | 492/3 | €2,526 | €1,889 | -€636 | -25.2% |
| Remuneration, social security and pensions | 62 | €669,265 | €230,544 | -€438,722 | -65.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €23,026 | €2,631 | -€20,395 | -88.6% |
| Other operating charges | 640/8 | €9,812 | €4,876 | -€4,936 | -50.3% |
| Gross operating margin | 9900 | €800,366 | €208,020 | -€592,346 | -74.0% |
| Operating profit (loss) | 9901 | €98,263 | -€30,031 | -€128,294 | |
| Financial income | 75/76B | €758 | €429,584 | +€428,826 | +56,554% |
| Recurring financial income | 75 | €758 | €1,214 | +€456 | +60.1% |
| Non-recurring financial income | 76B | - | €428,370 | +€428,370 | |
| Financial charges | 65/66B | €15,879 | €13,964 | -€1,914 | -12.1% |
| Recurring financial charges | 65 | €15,879 | €13,964 | -€1,914 | -12.1% |
| Profit (loss) for the period before taxes | 9903 | €83,142 | €385,588 | +€302,446 | +364% |
| Income taxes | 67/77 | €31,292 | €99,585 | +€68,293 | +218% |
| Profit (loss) for the period | 9904 | €51,850 | €286,003 | +€234,153 | +452% |
| Profit (loss) for the period to be appropriated | 9905 | €51,850 | €286,003 | +€234,153 | +452% |
Next steps
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 4 November 2026 via checked.be.