ANDRE BELLERY SRL: 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.
ANDRE BELLERY SRL
Largest movements
- Stocks and contracts -€290,980
down €290,980 (-100%), from €290,980 to €0
- Tangible fixed assets +€216,250
up €216,250 (+247%), from €87,520 to €303,770
of which Land and buildings: +€169,486
- Cash -€10,597
down €10,597 (-78.1%), from €13,576 to €2,978
mainly Investment in fixed assets (net) (-€255,877) and Net result for the year (-€172,349)
- Profit (loss) carried forward -€172,349
down €172,349, from €51,300 to -€121,049
- Debts after one year +€167,294
up €167,294 (+217%), from €76,993 to €244,287
- Trade debts -€98,162
down €98,162 (-83.3%), from €117,823 to €19,661
- Other debts +€59,441
up €59,441, from €0 to €59,441
- Advances received -€21,125
down €21,125 (-100%), from €21,125 to €0
- Gross operating margin -€292,021
down €292,021, from €63,348 to -€228,674
- Financial income +€135,000
up €135,000 (+33,978%), from €397 to €135,397
of which Non-recurring financial income: +€135,000
- Staff costs -€47,734
down €47,734 (-71.2%), from €67,060 to €19,326
- Depreciation +€11,031
up €11,031 (+38.6%), from €28,596 to €39,626
- Financial charges +€5,222
up €5,222 (+92.6%), from €5,640 to €10,862
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 | €565,211 | €474,526 | -€90,685 | -16.0% |
| Fixed assets | 21/28 | €87,570 | €303,820 | +€216,250 | +247% |
| Tangible fixed assets | 22/27 | €87,520 | €303,770 | +€216,250 | +247% |
| Land and buildings | 22 | €76,034 | €245,520 | +€169,486 | +223% |
| Plant, machinery and equipment | 23 | €3,209 | €5,999 | +€2,790 | +86.9% |
| Furniture and vehicles | 24 | €2,705 | €48,396 | +€45,691 | +1,689% |
| Other tangible fixed assets | 26 | €5,571 | €3,854 | -€1,717 | -30.8% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €477,642 | €170,706 | -€306,936 | -64.3% |
| Stocks and contracts in progress | 3 | €290,980 | €0 | -€290,980 | -100% |
| Stocks | 30/36 | €290,980 | €0 | -€290,980 | -100% |
| Amounts receivable within one year | 40/41 | €46,035 | €40,851 | -€5,184 | -11.3% |
| Trade receivables | 40 | €11,661 | €12,533 | +€872 | +7.5% |
| Other amounts receivable | 41 | €34,374 | €28,318 | -€6,056 | -17.6% |
| Current investments | 50/53 | €126,000 | €126,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €13,576 | €2,978 | -€10,597 | -78.1% |
| Deferred charges and accrued income | 490/1 | €1,051 | €876 | -€174 | -16.6% |
| Total equity and liabilities | 10/49 | €565,211 | €474,526 | -€90,685 | -16.0% |
| Equity | 10/15 | €254,676 | €81,930 | -€172,746 | -67.8% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €177,500 | €177,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €126,000 | €126,000 | = | 0.0% |
| Own shares acquired | 1312 | €126,000 | €126,000 | = | 0.0% |
| Distributable reserves | 133 | €51,500 | €51,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €51,300 | -€121,049 | -€172,349 | |
| Investment grants | 15 | €876 | €478 | -€397 | -45.4% |
| Amounts payable | 17/49 | €310,535 | €392,596 | +€82,061 | +26.4% |
| Amounts payable after more than one year | 17 | €76,993 | €244,287 | +€167,294 | +217% |
| Financial debts | 170/4 | €76,993 | €244,287 | +€167,294 | +217% |
| Amounts payable within one year | 42/48 | €233,542 | €148,309 | -€85,233 | -36.5% |
| Current portion of amounts payable after more than one year | 42 | €45,853 | €30,238 | -€15,616 | -34.1% |
| Financial debts | 43 | - | €941 | +€941 | |
| Credit institutions | 430/8 | - | €941 | +€941 | |
| Trade debts | 44 | €117,823 | €19,661 | -€98,162 | -83.3% |
| Suppliers | 440/4 | €117,823 | €19,661 | -€98,162 | -83.3% |
| Advances received on contracts in progress | 46 | €21,125 | €0 | -€21,125 | -100% |
| Taxes, remuneration and social security | 45 | €48,741 | €38,028 | -€10,713 | -22.0% |
| Taxes | 450/3 | €39,621 | €36,481 | -€3,140 | -7.9% |
| Remuneration and social security | 454/9 | €9,121 | €1,547 | -€7,573 | -83.0% |
| Other amounts payable | 47/48 | €0 | €59,441 | +€59,441 | |
| Remuneration, social security and pensions | 62 | €67,060 | €19,326 | -€47,734 | -71.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,596 | €39,626 | +€11,031 | +38.6% |
| Other operating charges | 640/8 | €5,616 | €8,078 | +€2,462 | +43.8% |
| Non-recurring operating charges | 66A | - | €1,000 | +€1,000 | |
| Gross operating margin | 9900 | €63,348 | -€228,674 | -€292,021 | |
| Operating profit (loss) | 9901 | -€37,924 | -€296,704 | -€258,780 | -682% |
| Financial income | 75/76B | €397 | €135,397 | +€135,000 | +33,978% |
| Recurring financial income | 75 | €397 | €397 | +€0 | 0.0% |
| Non-recurring financial income | 76B | - | €135,000 | +€135,000 | |
| Financial charges | 65/66B | €5,640 | €10,862 | +€5,222 | +92.6% |
| Recurring financial charges | 65 | €5,640 | €10,862 | +€5,222 | +92.6% |
| Profit (loss) for the period before taxes | 9903 | -€43,166 | -€172,168 | -€129,002 | -299% |
| Income taxes | 67/77 | - | €181 | +€181 | |
| Profit (loss) for the period | 9904 | -€43,166 | -€172,349 | -€129,182 | -299% |
| Profit (loss) for the period to be appropriated | 9905 | -€43,166 | -€172,349 | -€129,182 | -299% |
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 17 October 2026 via checked.be.