Bel'Frite: 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'Frite
Largest movements
- Tangible fixed assets -€3,577
down €3,577 (-24.1%), from €14,850 to €11,272
of which Furniture and vehicles: -€3,339
- Cash +€1,888
up €1,888 (+152%), from €1,242 to €3,130
mainly Depreciation (+€3,577) and Other debts (+€3,206)
- Debts after one year -€5,672
down €5,672 (-38.5%), from €14,752 to €9,079
- Trade debts -€4,027
down €4,027 (-43.6%), from €9,246 to €5,219
- Other debts +€3,206
up €3,206 (+820%), from €391 to €3,597
- Profit (loss) carried forward +€3,134
up €3,134 (+44.8%), from €7,003 to €10,137
- Tax, wage and social debts +€784
up €784 (+20.8%), from €3,776 to €4,560
of which Taxes: +€784
- Staff costs +€7,992
up €7,992 (+161%), from €4,955 to €12,946
- Taxes -€1,592
down €1,592 (-67.0%), from €2,376 to €784
- Gross operating margin +€1,260
up €1,260 (+5.7%), from €22,188 to €23,448
- Financial charges -€1,150
down €1,150 (-40.4%), from €2,846 to €1,696
- Depreciation -€651
down €651 (-15.4%), from €4,228 to €3,577
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €43,378 | €41,264 | -€2,114 | -4.9% |
| Fixed assets | 21/28 | €17,050 | €13,472 | -€3,577 | -21.0% |
| Tangible fixed assets | 22/27 | €14,850 | €11,272 | -€3,577 | -24.1% |
| Furniture and vehicles | 24 | €12,757 | €9,418 | -€3,339 | -26.2% |
| Other tangible fixed assets | 26 | €2,093 | €1,855 | -€238 | -11.4% |
| Financial fixed assets | 28 | €2,200 | €2,200 | = | 0.0% |
| Current assets | 29/58 | €26,328 | €27,791 | +€1,463 | +5.6% |
| Stocks and contracts in progress | 3 | €717 | €427 | -€291 | -40.5% |
| Stocks | 30/36 | €717 | €427 | -€291 | -40.5% |
| Amounts receivable within one year | 40/41 | €24,224 | €24,235 | +€10 | 0.0% |
| Trade receivables | 40 | €22,975 | €22,840 | -€135 | -0.6% |
| Other amounts receivable | 41 | €1,249 | €1,394 | +€146 | +11.7% |
| Cash at bank and in hand | 54/58 | €1,242 | €3,130 | +€1,888 | +152% |
| Deferred charges and accrued income | 490/1 | €145 | - | -€145 | |
| Total equity and liabilities | 10/49 | €43,378 | €41,264 | -€2,114 | -4.9% |
| Equity | 10/15 | €10,003 | €13,137 | +€3,134 | +31.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,003 | €10,137 | +€3,134 | +44.8% |
| Amounts payable | 17/49 | €33,376 | €28,127 | -€5,249 | -15.7% |
| Amounts payable after more than one year | 17 | €14,752 | €9,079 | -€5,672 | -38.5% |
| Financial debts | 170/4 | €14,752 | €9,079 | -€5,672 | -38.5% |
| Amounts payable within one year | 42/48 | €18,624 | €19,047 | +€424 | +2.3% |
| Current portion of amounts payable after more than one year | 42 | €5,211 | €5,672 | +€461 | +8.9% |
| Trade debts | 44 | €9,246 | €5,219 | -€4,027 | -43.6% |
| Suppliers | 440/4 | €9,246 | €5,219 | -€4,027 | -43.6% |
| Taxes, remuneration and social security | 45 | €3,776 | €4,560 | +€784 | +20.8% |
| Taxes | 450/3 | €2,376 | €3,160 | +€784 | +33.0% |
| Remuneration and social security | 454/9 | €1,400 | €1,400 | = | 0.0% |
| Other amounts payable | 47/48 | €391 | €3,597 | +€3,206 | +820% |
| Remuneration, social security and pensions | 62 | €4,955 | €12,946 | +€7,992 | +161% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,228 | €3,577 | -€651 | -15.4% |
| Other operating charges | 640/8 | €780 | €1,311 | +€531 | +68.0% |
| Gross operating margin | 9900 | €22,188 | €23,448 | +€1,260 | +5.7% |
| Operating profit (loss) | 9901 | €12,225 | €5,613 | -€6,612 | -54.1% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €2,846 | €1,696 | -€1,150 | -40.4% |
| Recurring financial charges | 65 | €2,846 | €1,696 | -€1,150 | -40.4% |
| Profit (loss) for the period before taxes | 9903 | €9,379 | €3,918 | -€5,461 | -58.2% |
| Income taxes | 67/77 | €2,376 | €784 | -€1,592 | -67.0% |
| Profit (loss) for the period | 9904 | €7,003 | €3,134 | -€3,868 | -55.2% |
| Profit (loss) for the period to be appropriated | 9905 | €7,003 | €3,134 | -€3,868 | -55.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.