BEL-ICIOUS: 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-ICIOUS
Largest movements
- Stocks and contracts +€7,897
up €7,897 (+11.4%), from €68,990 to €76,887
- Tangible fixed assets +€2,170
up €2,170 (+163.2%), from €1,330 to €3,500
of which Plant, machinery and equipment: +€2,298
- Other debts +€10,792
up €10,792 (+24.1%), from €44,718 to €55,510
- Trade debts -€10,073
down €10,073 (-52.1%), from €19,336 to €9,264
- Profit (loss) carried forward +€7,181
up €7,181 (+114.6%), from €6,267 to €13,447
- Tax, wage and social debts +€1,825
up €1,825 (+106.7%), from €1,710 to €3,534
- Accrued charges and deferred income +€1,800
new in 2025: €1,800
- Gross operating margin -€2,035
down €2,035 (-13.4%), from €15,130 to €13,096
- Other operating charges +€941
up €941 (+60.2%), from €1,562 to €2,503
- Financial charges +€610
up €610 (+172.9%), from €353 to €962
- Depreciation +€195
up €195 (+26.2%), from €743 to €938
- Taxes -€190
down €190 (-11.1%), from €1,710 to €1,520
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 | €77,030 | €88,555 | +€11,525 | +15.0% |
| Fixed assets | 21/28 | €1,330 | €3,500 | +€2,170 | +163.2% |
| Tangible fixed assets | 22/27 | €1,330 | €3,500 | +€2,170 | +163.2% |
| Plant, machinery and equipment | 23 | €804 | €3,102 | +€2,298 | +286.0% |
| Furniture and vehicles | 24 | €526 | €26 | -€500 | -95.1% |
| Other tangible fixed assets | 26 | - | €372 | +€372 | |
| Current assets | 29/58 | €75,701 | €85,055 | +€9,355 | +12.4% |
| Stocks and contracts in progress | 3 | €68,990 | €76,887 | +€7,897 | +11.4% |
| Stocks | 30/36 | €68,990 | €76,887 | +€7,897 | +11.4% |
| Amounts receivable within one year | 40/41 | €5,149 | €5,907 | +€758 | +14.7% |
| Trade receivables | 40 | - | €1,231 | +€1,231 | |
| Other amounts receivable | 41 | €5,149 | €4,676 | -€474 | -9.2% |
| Cash at bank and in hand | 54/58 | €1,561 | €2,262 | +€700 | +44.9% |
| Total equity and liabilities | 10/49 | €77,030 | €88,555 | +€11,525 | +15.0% |
| Equity | 10/15 | €11,267 | €18,447 | +€7,181 | +63.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,267 | €13,447 | +€7,181 | +114.6% |
| Amounts payable | 17/49 | €65,764 | €70,108 | +€4,344 | +6.6% |
| Amounts payable within one year | 42/48 | €65,764 | €68,308 | +€2,544 | +3.9% |
| Trade debts | 44 | €19,336 | €9,264 | -€10,073 | -52.1% |
| Suppliers | 440/4 | €19,336 | €9,264 | -€10,073 | -52.1% |
| Taxes, remuneration and social security | 45 | €1,710 | €3,534 | +€1,825 | +106.7% |
| Taxes | 450/3 | €1,710 | €3,534 | +€1,825 | +106.7% |
| Other amounts payable | 47/48 | €44,718 | €55,510 | +€10,792 | +24.1% |
| Accrued charges and deferred income | 492/3 | - | €1,800 | +€1,800 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €743 | €938 | +€195 | +26.2% |
| Other operating charges | 640/8 | €1,562 | €2,503 | +€941 | +60.2% |
| Gross operating margin | 9900 | €15,130 | €13,096 | -€2,035 | -13.4% |
| Operating profit (loss) | 9901 | €12,825 | €9,655 | -€3,170 | -24.7% |
| Financial income | 75/76B | €132 | €8 | -€123 | -93.6% |
| Recurring financial income | 75 | €132 | €8 | -€123 | -93.6% |
| Financial charges | 65/66B | €353 | €962 | +€610 | +172.9% |
| Recurring financial charges | 65 | €353 | €962 | +€610 | +172.9% |
| Profit (loss) for the period before taxes | 9903 | €12,604 | €8,701 | -€3,904 | -31.0% |
| Income taxes | 67/77 | €1,710 | €1,520 | -€190 | -11.1% |
| Profit (loss) for the period | 9904 | €10,894 | €7,181 | -€3,714 | -34.1% |
| Profit (loss) for the period to be appropriated | 9905 | €10,894 | €7,181 | -€3,714 | -34.1% |
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 10 October 2026 via checked.be.