Be.Bel: 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.
Be.Bel
Largest movements
- Tangible fixed assets +€6,621
up €6,621 (+519%), from €1,276 to €7,897
of which Land and buildings: +€6,614
- Deferred charges and accrued income -€688
no longer reported in 2025 (was €688)
- Receivables within one year +€462
up €462 (+10.8%), from €4,274 to €4,736
of which Other amounts receivable: +€731
- Cash +€460
up €460 (+1.4%), from €32,363 to €32,823
mainly Other debts (+€27,434) and Depreciation (+€1,347)
- Other debts +€27,434
new in 2025: €27,434
- Reserves -€13,089
down €13,089 (-52.2%), from €25,089 to €12,000
of which Distributable reserves: -€13,089
- Profit (loss) carried forward -€6,700
new in 2025: -€6,700
- Trade debts -€1,113
no longer reported in 2025 (was €1,113)
- Gross operating margin +€12,208
up €12,208 (+42.4%), from -€28,797 to -€16,589
- Depreciation -€2,264
down €2,264 (-62.7%), from €3,611 to €1,347
- Taxes +€640
new in 2025: €640
- Financial charges -€442
down €442 (-66.0%), from €670 to €228
- Other operating charges -€374
down €374 (-25.9%), from €1,444 to €1,070
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 | €38,601 | €45,456 | +€6,854 | +17.8% |
| Fixed assets | 21/28 | €1,276 | €7,897 | +€6,621 | +519% |
| Tangible fixed assets | 22/27 | €1,276 | €7,897 | +€6,621 | +519% |
| Land and buildings | 22 | - | €6,614 | +€6,614 | |
| Plant, machinery and equipment | 23 | €625 | - | -€625 | |
| Furniture and vehicles | 24 | €374 | €1,283 | +€909 | +243% |
| Other tangible fixed assets | 26 | €278 | - | -€278 | |
| Current assets | 29/58 | €37,325 | €37,559 | +€233 | +0.6% |
| Amounts receivable within one year | 40/41 | €4,274 | €4,736 | +€462 | +10.8% |
| Trade receivables | 40 | €1,398 | €1,129 | -€269 | -19.3% |
| Other amounts receivable | 41 | €2,876 | €3,607 | +€731 | +25.4% |
| Cash at bank and in hand | 54/58 | €32,363 | €32,823 | +€460 | +1.4% |
| Deferred charges and accrued income | 490/1 | €688 | - | -€688 | |
| Total equity and liabilities | 10/49 | €38,601 | €45,456 | +€6,854 | +17.8% |
| Equity | 10/15 | €37,489 | €17,700 | -€19,789 | -52.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €25,089 | €12,000 | -€13,089 | -52.2% |
| Tax-exempt reserves | 132 | €7,500 | €7,500 | = | 0.0% |
| Distributable reserves | 133 | €17,589 | €4,500 | -€13,089 | -74.4% |
| Profit (loss) carried forward | 14 | - | -€6,700 | -€6,700 | |
| Amounts payable | 17/49 | €1,113 | €27,756 | +€26,643 | +2,394% |
| Amounts payable within one year | 42/48 | €1,113 | €27,756 | +€26,643 | +2,394% |
| Trade debts | 44 | €1,113 | - | -€1,113 | |
| Suppliers | 440/4 | €1,113 | - | -€1,113 | |
| Taxes, remuneration and social security | 45 | - | €322 | +€322 | |
| Taxes | 450/3 | - | €322 | +€322 | |
| Other amounts payable | 47/48 | - | €27,434 | +€27,434 | |
| Non-recurring operating income | 76A | - | €6,712 | +€6,712 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,611 | €1,347 | -€2,264 | -62.7% |
| Other operating charges | 640/8 | €1,444 | €1,070 | -€374 | -25.9% |
| Gross operating margin | 9900 | -€28,797 | -€16,589 | +€12,208 | +42.4% |
| Operating profit (loss) | 9901 | -€33,852 | -€19,006 | +€14,846 | +43.9% |
| Financial income | 75/76B | €237 | €85 | -€152 | -64.3% |
| Recurring financial income | 75 | €237 | €85 | -€152 | -64.3% |
| Financial charges | 65/66B | €670 | €228 | -€442 | -66.0% |
| Recurring financial charges | 65 | €670 | €228 | -€442 | -66.0% |
| Profit (loss) for the period before taxes | 9903 | -€34,285 | -€19,149 | +€15,136 | +44.1% |
| Income taxes | 67/77 | - | €640 | +€640 | |
| Profit (loss) for the period | 9904 | -€34,285 | -€19,789 | +€14,496 | +42.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€34,285 | -€19,789 | +€14,496 | +42.3% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.