Bel CCC: 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.
Bel CCC
Largest movements
- Receivables within one year +€67,137
up €67,137 (+98.8%), from €67,956 to €135,092
of which Trade receivables: +€58,467
- Tangible fixed assets -€13,406
down €13,406 (-42.5%), from €31,537 to €18,132
- Trade debts +€47,168
up €47,168 (+126.0%), from €37,429 to €84,597
- Profit (loss) carried forward +€12,820
up €12,820 (+25.3%), from €50,735 to €63,555
- Tax, wage and social debts -€4,564
down €4,564 (-34.9%), from €13,064 to €8,500
- Gross operating margin -€41,917
down €41,917 (-54.2%), from €77,382 to €35,465
- Taxes -€9,520
down €9,520 (-72.9%), from €13,064 to €3,544
- Financial charges +€2,626
up €2,626 (+1519.4%), from €173 to €2,799
- Depreciation +€2,615
up €2,615 (+22.0%), from €11,891 to €14,506
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 | €101,228 | €156,652 | +€55,424 | +54.8% |
| Fixed assets | 21/28 | €31,537 | €18,132 | -€13,406 | -42.5% |
| Tangible fixed assets | 22/27 | €31,537 | €18,132 | -€13,406 | -42.5% |
| Furniture and vehicles | 24 | €31,537 | €18,132 | -€13,406 | -42.5% |
| Current assets | 29/58 | €69,691 | €138,520 | +€68,830 | +98.8% |
| Amounts receivable within one year | 40/41 | €67,956 | €135,092 | +€67,137 | +98.8% |
| Trade receivables | 40 | €55,935 | €114,403 | +€58,467 | +104.5% |
| Other amounts receivable | 41 | €12,021 | €20,690 | +€8,669 | +72.1% |
| Cash at bank and in hand | 54/58 | €1,600 | €2,469 | +€870 | +54.4% |
| Deferred charges and accrued income | 490/1 | €135 | €959 | +€824 | +608.9% |
| Total equity and liabilities | 10/49 | €101,228 | €156,652 | +€55,424 | +54.8% |
| Equity | 10/15 | €50,735 | €63,555 | +€12,820 | +25.3% |
| Profit (loss) carried forward | 14 | €50,735 | €63,555 | +€12,820 | +25.3% |
| Amounts payable | 17/49 | €50,494 | €93,097 | +€42,604 | +84.4% |
| Amounts payable within one year | 42/48 | €50,494 | €93,097 | +€42,604 | +84.4% |
| Trade debts | 44 | €37,429 | €84,597 | +€47,168 | +126.0% |
| Suppliers | 440/4 | €37,429 | €84,597 | +€47,168 | +126.0% |
| Taxes, remuneration and social security | 45 | €13,064 | €8,500 | -€4,564 | -34.9% |
| Taxes | 450/3 | €13,064 | €8,500 | -€4,564 | -34.9% |
| Remuneration, social security and pensions | 62 | €140 | - | -€140 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,891 | €14,506 | +€2,615 | +22.0% |
| Other operating charges | 640/8 | €1,454 | €1,804 | +€350 | +24.1% |
| Gross operating margin | 9900 | €77,382 | €35,465 | -€41,917 | -54.2% |
| Operating profit (loss) | 9901 | €63,897 | €19,155 | -€44,742 | -70.0% |
| Financial income | 75/76B | €75 | €9 | -€66 | -88.3% |
| Recurring financial income | 75 | €75 | €9 | -€66 | -88.3% |
| Financial charges | 65/66B | €173 | €2,799 | +€2,626 | +1519.4% |
| Recurring financial charges | 65 | €173 | €2,799 | +€2,626 | +1519.4% |
| Profit (loss) for the period before taxes | 9903 | €63,799 | €16,364 | -€47,434 | -74.3% |
| Income taxes | 67/77 | €13,064 | €3,544 | -€9,520 | -72.9% |
| Profit (loss) for the period | 9904 | €50,735 | €12,820 | -€37,914 | -74.7% |
| Profit (loss) for the period to be appropriated | 9905 | €50,735 | €12,820 | -€37,914 | -74.7% |
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 12 October 2026 via checked.be.