BEL COSMETICS: 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 COSMETICS
Largest movements
- Receivables within one year +€9,226
up €9,226 (+89.0%), from €10,368 to €19,594
of which Other amounts receivable: +€9,143
- Tangible fixed assets -€1,753
down €1,753 (-40.5%), from €4,324 to €2,571
of which Furniture and vehicles: -€1,468
- Deferred charges and accrued income -€577
no longer reported in 2025 (was €577)
- Profit (loss) carried forward +€5,060
up €5,060 (+112%), from €4,534 to €9,594
- Other debts +€3,457
up €3,457 (+190%), from €1,823 to €5,281
- Trade debts -€2,376
down €2,376 (-50.2%), from €4,738 to €2,362
- Tax, wage and social debts +€910
up €910 (+27.4%), from €3,323 to €4,234
- Gross operating margin +€4,042
up €4,042 (+108%), from €3,749 to €7,791
- Taxes +€1,101
up €1,101 (+320%), from €344 to €1,445
- Financial income +€484
up €484 (+167%), from €289 to €773
- Depreciation -€438
down €438 (-20.0%), from €2,191 to €1,753
- Other operating charges -€132
down €132 (-32.6%), from €406 to €274
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 | €15,669 | €22,720 | +€7,051 | +45.0% |
| Fixed assets | 21/28 | €4,324 | €2,571 | -€1,753 | -40.5% |
| Tangible fixed assets | 22/27 | €4,324 | €2,571 | -€1,753 | -40.5% |
| Furniture and vehicles | 24 | €1,468 | - | -€1,468 | |
| Other tangible fixed assets | 26 | €2,856 | €2,571 | -€286 | -10.0% |
| Current assets | 29/58 | €11,345 | €20,150 | +€8,805 | +77.6% |
| Stocks and contracts in progress | 3 | €399 | €553 | +€154 | +38.6% |
| Stocks | 30/36 | €399 | €553 | +€154 | +38.6% |
| Amounts receivable within one year | 40/41 | €10,368 | €19,594 | +€9,226 | +89.0% |
| Trade receivables | 40 | €520 | €604 | +€83 | +16.0% |
| Other amounts receivable | 41 | €9,848 | €18,990 | +€9,143 | +92.8% |
| Cash at bank and in hand | 54/58 | €1 | €3 | +€2 | +221% |
| Deferred charges and accrued income | 490/1 | €577 | - | -€577 | |
| Total equity and liabilities | 10/49 | €15,669 | €22,720 | +€7,051 | +45.0% |
| Equity | 10/15 | €5,784 | €10,844 | +€5,060 | +87.5% |
| Contributions | 10/11 | €1,250 | €1,250 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,534 | €9,594 | +€5,060 | +112% |
| Amounts payable | 17/49 | €9,885 | €11,876 | +€1,991 | +20.1% |
| Amounts payable within one year | 42/48 | €9,885 | €11,876 | +€1,991 | +20.1% |
| Trade debts | 44 | €4,738 | €2,362 | -€2,376 | -50.2% |
| Suppliers | 440/4 | €4,738 | €2,362 | -€2,376 | -50.2% |
| Taxes, remuneration and social security | 45 | €3,323 | €4,234 | +€910 | +27.4% |
| Taxes | 450/3 | €3,323 | €4,234 | +€910 | +27.4% |
| Other amounts payable | 47/48 | €1,823 | €5,281 | +€3,457 | +190% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,191 | €1,753 | -€438 | -20.0% |
| Other operating charges | 640/8 | €406 | €274 | -€132 | -32.6% |
| Gross operating margin | 9900 | €3,749 | €7,791 | +€4,042 | +108% |
| Operating profit (loss) | 9901 | €1,153 | €5,764 | +€4,611 | +400% |
| Financial income | 75/76B | €289 | €773 | +€484 | +167% |
| Recurring financial income | 75 | €289 | €773 | +€484 | +167% |
| Financial charges | 65/66B | €45 | €32 | -€13 | -28.5% |
| Recurring financial charges | 65 | €45 | €32 | -€13 | -28.5% |
| Profit (loss) for the period before taxes | 9903 | €1,397 | €6,505 | +€5,108 | +366% |
| Income taxes | 67/77 | €344 | €1,445 | +€1,101 | +320% |
| Profit (loss) for the period | 9904 | €1,053 | €5,060 | +€4,008 | +381% |
| Profit (loss) for the period to be appropriated | 9905 | €1,053 | €5,060 | +€4,008 | +381% |
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 14 October 2026 via checked.be.