B & B VAN BELLE: 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.
B & B VAN BELLE
Largest movements
- Current investments +€30,000
new in 2025: €30,000
- Cash +€25,096
up €25,096 (+19.1%), from €131,429 to €156,525
mainly Net result for the year (+€68,881) and Tax, wage and social debts (+€12,229)
- Stocks and contracts +€4,500
up €4,500 (+124%), from €3,615 to €8,115
- Receivables within one year +€4,122
up €4,122 (+86.1%), from €4,790 to €8,912
of which Other amounts receivable: +€2,911
- Reserves +€68,881
up €68,881 (+73.6%), from €93,561 to €162,441
of which Distributable reserves: +€68,881
- Tax, wage and social debts +€12,229
up €12,229 (+64.6%), from €18,932 to €31,161
of which Taxes: +€8,577
- Other debts -€8,100
down €8,100 (-61.2%), from €13,241 to €5,141
- Trade debts -€4,209
down €4,209 (-6.5%), from €64,925 to €60,716
- Debts after one year -€3,233
down €3,233 (-49.0%), from €6,601 to €3,368
- Gross operating margin +€7,192
up €7,192 (+4.3%), from €168,005 to €175,197
- Staff costs +€4,755
up €4,755 (+8.1%), from €58,610 to €63,365
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 | €218,023 | €283,722 | +€65,699 | +30.1% |
| Fixed assets | 21/28 | €76,344 | €78,224 | +€1,880 | +2.5% |
| Tangible fixed assets | 22/27 | €76,344 | €78,224 | +€1,880 | +2.5% |
| Land and buildings | 22 | €21,053 | €22,986 | +€1,932 | +9.2% |
| Plant, machinery and equipment | 23 | €8,029 | €17,584 | +€9,555 | +119% |
| Furniture and vehicles | 24 | €47,261 | €37,654 | -€9,607 | -20.3% |
| Current assets | 29/58 | €141,680 | €205,498 | +€63,818 | +45.0% |
| Stocks and contracts in progress | 3 | €3,615 | €8,115 | +€4,500 | +124% |
| Stocks | 30/36 | €3,615 | €8,115 | +€4,500 | +124% |
| Amounts receivable within one year | 40/41 | €4,790 | €8,912 | +€4,122 | +86.1% |
| Trade receivables | 40 | €4,113 | €5,324 | +€1,212 | +29.5% |
| Other amounts receivable | 41 | €677 | €3,588 | +€2,911 | +430% |
| Current investments | 50/53 | - | €30,000 | +€30,000 | |
| Cash at bank and in hand | 54/58 | €131,429 | €156,525 | +€25,096 | +19.1% |
| Deferred charges and accrued income | 490/1 | €1,846 | €1,947 | +€100 | +5.4% |
| Total equity and liabilities | 10/49 | €218,023 | €283,722 | +€65,699 | +30.1% |
| Equity | 10/15 | €111,222 | €180,103 | +€68,881 | +61.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €93,561 | €162,441 | +€68,881 | +73.6% |
| Tax-exempt reserves | 132 | €125 | €125 | = | 0.0% |
| Distributable reserves | 133 | €93,435 | €162,316 | +€68,881 | +73.7% |
| Profit (loss) carried forward | 14 | €16,662 | €16,662 | = | 0.0% |
| Amounts payable | 17/49 | €106,801 | €103,619 | -€3,182 | -3.0% |
| Amounts payable after more than one year | 17 | €6,601 | €3,368 | -€3,233 | -49.0% |
| Financial debts | 170/4 | €6,601 | €3,368 | -€3,233 | -49.0% |
| Amounts payable within one year | 42/48 | €100,200 | €100,251 | +€51 | +0.1% |
| Current portion of amounts payable after more than one year | 42 | €3,103 | €3,233 | +€130 | +4.2% |
| Trade debts | 44 | €64,925 | €60,716 | -€4,209 | -6.5% |
| Suppliers | 440/4 | €64,925 | €60,716 | -€4,209 | -6.5% |
| Taxes, remuneration and social security | 45 | €18,932 | €31,161 | +€12,229 | +64.6% |
| Taxes | 450/3 | €16,749 | €25,326 | +€8,577 | +51.2% |
| Remuneration and social security | 454/9 | €2,183 | €5,836 | +€3,652 | +167% |
| Other amounts payable | 47/48 | €13,241 | €5,141 | -€8,100 | -61.2% |
| Non-recurring operating income | 76A | €5,538 | - | -€5,538 | |
| Remuneration, social security and pensions | 62 | €58,610 | €63,365 | +€4,755 | +8.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,339 | €11,280 | -€1,059 | -8.6% |
| Other operating charges | 640/8 | €3,110 | €4,355 | +€1,245 | +40.0% |
| Gross operating margin | 9900 | €168,005 | €175,197 | +€7,192 | +4.3% |
| Operating profit (loss) | 9901 | €93,946 | €96,197 | +€2,251 | +2.4% |
| Financial income | 75/76B | €2 | €69 | +€67 | +2,879% |
| Recurring financial income | 75 | €2 | €69 | +€67 | +2,879% |
| Financial charges | 65/66B | €638 | €780 | +€142 | +22.2% |
| Recurring financial charges | 65 | €638 | €780 | +€142 | +22.2% |
| Profit (loss) for the period before taxes | 9903 | €93,310 | €95,486 | +€2,176 | +2.3% |
| Income taxes | 67/77 | €25,029 | €26,606 | +€1,577 | +6.3% |
| Profit (loss) for the period | 9904 | €68,282 | €68,881 | +€599 | +0.9% |
| Profit (loss) for the period to be appropriated | 9905 | €68,282 | €68,881 | +€599 | +0.9% |
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.