BEL BAT: what changed
Two fiscal 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.
BEL BAT
Largest movements
- Receivables within one year +€65,622
up €65,622 (+23.5%), from €278,854 to €344,476
of which Other amounts receivable: +€65,622
- Cash -€35,968
down €35,968 (-100.0%), from €35,968 to €0
mainly Contributions, distributions and other (-€354,928) and Receivables within one year (-€65,622)
- Other debts +€358,599
up €358,599 (+119.9%), from €299,080 to €657,679
- Reserves -€331,220
down €331,220 (-99.2%), from €333,817 to €2,597
- Financial income -€261,420
down €261,420 (-86.8%), from €301,161 to €39,741
of which Non-recurring financial income: -€299,000
- Gross operating margin -€30,602
down €30,602, from €27,482 to -€3,121
- Financial charges +€2,362
up €2,362 (+165.6%), from €1,426 to €3,789
- Taxes +€1,469
up €1,469 (+19.7%), from €7,445 to €8,914
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.
Cash bridge derived
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 | €647,940 | €677,601 | +€29,662 | +4.6% |
| Fixed assets | 21/28 | €332,897 | €332,897 | = | 0.0% |
| Financial fixed assets | 28 | €332,897 | €332,897 | = | 0.0% |
| Current assets | 29/58 | €315,043 | €344,704 | +€29,662 | +9.4% |
| Amounts receivable within one year | 40/41 | €278,854 | €344,476 | +€65,622 | +23.5% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €278,854 | €344,476 | +€65,622 | +23.5% |
| Cash at bank and in hand | 54/58 | €35,968 | €0 | -€35,968 | -100.0% |
| Deferred charges and accrued income | 490/1 | €221 | €228 | +€7 | +3.3% |
| Total equity and liabilities | 10/49 | €647,940 | €677,601 | +€29,662 | +4.6% |
| Equity | 10/15 | €340,017 | €8,797 | -€331,220 | -97.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €333,817 | €2,597 | -€331,220 | -99.2% |
| Distributable reserves | 133 | €333,817 | €2,597 | -€331,220 | -99.2% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €307,922 | €668,804 | +€360,882 | +117.2% |
| Amounts payable within one year | 42/48 | €307,791 | €668,668 | +€360,878 | +117.2% |
| Financial debts | 43 | - | €2 | +€2 | |
| Credit institutions | 430/8 | - | €2 | +€2 | |
| Trade debts | 44 | €1,266 | €2,098 | +€832 | +65.7% |
| Suppliers | 440/4 | €1,266 | €2,098 | +€832 | +65.7% |
| Taxes, remuneration and social security | 45 | €7,445 | €8,889 | +€1,444 | +19.4% |
| Taxes | 450/3 | €7,445 | €8,889 | +€1,444 | +19.4% |
| Other amounts payable | 47/48 | €299,080 | €657,679 | +€358,599 | +119.9% |
| Accrued charges and deferred income | 492/3 | €132 | €136 | +€4 | +3.3% |
| Other operating charges | 640/8 | €264 | €209 | -€55 | -20.9% |
| Gross operating margin | 9900 | €27,482 | -€3,121 | -€30,602 | |
| Operating profit (loss) | 9901 | €27,217 | -€3,330 | -€30,547 | |
| Financial income | 75/76B | €301,161 | €39,741 | -€261,420 | -86.8% |
| Recurring financial income | 75 | €2,161 | €39,741 | +€37,580 | +1739.4% |
| Non-recurring financial income | 76B | €299,000 | €0 | -€299,000 | -100.0% |
| Financial charges | 65/66B | €1,426 | €3,789 | +€2,362 | +165.6% |
| Recurring financial charges | 65 | €1,426 | €3,789 | +€2,362 | +165.6% |
| Profit (loss) for the period before taxes | 9903 | €326,952 | €32,622 | -€294,330 | -90.0% |
| Income taxes | 67/77 | €7,445 | €8,914 | +€1,469 | +19.7% |
| Profit (loss) for the period | 9904 | €319,506 | €23,708 | -€295,799 | -92.6% |
| Profit (loss) for the period to be appropriated | 9905 | €319,506 | €23,708 | -€295,799 | -92.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 July 2024 and 31 July 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.