Belux Ramen: 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.
Belux Ramen
Largest movements
- Receivables within one year -€27,385
down €27,385 (-29.1%), from €94,199 to €66,814
of which Trade receivables: -€48,182
- Cash -€3,723
down €3,723 (-66.8%), from €5,575 to €1,852
mainly Trade debts (-€12,681) and Net result for the year (-€9,776)
- Trade debts -€12,681
down €12,681 (-13.5%), from €93,600 to €80,919
- Profit (loss) carried forward -€9,776
new in 2025: -€9,776
- Tax, wage and social debts -€8,426
down €8,426 (-99.8%), from €8,440 to €14
- Depreciation -€3,051
down €3,051 (-40.3%), from €7,574 to €4,522
- Financial income +€648
up €648 (+230%), from €281 to €929
- Gross operating margin +€647
up €647 (+11.2%), from -€5,798 to -€5,151
- Other operating charges -€380
down €380 (-33.4%), from €1,138 to €758
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 | €108,942 | €77,690 | -€31,252 | -28.7% |
| Formation expenses | 20 | €115 | €0 | -€115 | -100% |
| Fixed assets | 21/28 | €8,128 | €7,386 | -€741 | -9.1% |
| Intangible fixed assets | 21 | €251 | €11 | -€240 | -95.5% |
| Tangible fixed assets | 22/27 | €7,477 | €6,975 | -€501 | -6.7% |
| Plant, machinery and equipment | 23 | €3,477 | €2,181 | -€1,296 | -37.3% |
| Furniture and vehicles | 24 | €4,000 | €4,794 | +€794 | +19.9% |
| Financial fixed assets | 28 | €400 | €400 | = | 0.0% |
| Current assets | 29/58 | €100,700 | €70,304 | -€30,396 | -30.2% |
| Amounts receivable within one year | 40/41 | €94,199 | €66,814 | -€27,385 | -29.1% |
| Trade receivables | 40 | €87,221 | €39,039 | -€48,182 | -55.2% |
| Other amounts receivable | 41 | €6,978 | €27,775 | +€20,797 | +298% |
| Cash at bank and in hand | 54/58 | €5,575 | €1,852 | -€3,723 | -66.8% |
| Deferred charges and accrued income | 490/1 | €925 | €1,638 | +€713 | +77.0% |
| Total equity and liabilities | 10/49 | €108,942 | €77,690 | -€31,252 | -28.7% |
| Equity | 10/15 | €3,554 | -€6,221 | -€9,776 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €554 | €554 | = | 0.0% |
| Distributable reserves | 133 | €554 | €554 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€9,776 | -€9,776 | |
| Amounts payable | 17/49 | €105,388 | €83,911 | -€21,476 | -20.4% |
| Amounts payable within one year | 42/48 | €104,725 | €83,619 | -€21,107 | -20.2% |
| Trade debts | 44 | €93,600 | €80,919 | -€12,681 | -13.5% |
| Suppliers | 440/4 | €93,600 | €80,919 | -€12,681 | -13.5% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €8,440 | €14 | -€8,426 | -99.8% |
| Taxes | 450/3 | €8,440 | €14 | -€8,426 | -99.8% |
| Other amounts payable | 47/48 | €2,685 | €2,685 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €662 | €293 | -€370 | -55.8% |
| Non-recurring operating income | 76A | €837 | €776 | -€61 | -7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,574 | €4,522 | -€3,051 | -40.3% |
| Other operating charges | 640/8 | €1,138 | €758 | -€380 | -33.4% |
| Gross operating margin | 9900 | -€5,798 | -€5,151 | +€647 | +11.2% |
| Operating profit (loss) | 9901 | -€14,509 | -€10,431 | +€4,078 | +28.1% |
| Financial income | 75/76B | €281 | €929 | +€648 | +230% |
| Recurring financial income | 75 | €281 | €929 | +€648 | +230% |
| Financial charges | 65/66B | €253 | €274 | +€21 | +8.2% |
| Recurring financial charges | 65 | €253 | €274 | +€21 | +8.2% |
| Profit (loss) for the period before taxes | 9903 | -€14,481 | -€9,776 | +€4,705 | +32.5% |
| Income taxes | 67/77 | €0 | - | = | |
| Profit (loss) for the period | 9904 | -€14,481 | -€9,776 | +€4,705 | +32.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,481 | -€9,776 | +€4,705 | +32.5% |
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 29 October 2026 via checked.be.