Bel-Resolve: 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-Resolve
Largest movements
- Cash -€50
down €50 (-100.0%), from €50 to €0
mainly Net result for the year (-€548)
- Profit (loss) carried forward -€548
down €548 (-8.7%), from -€6,274 to -€6,822
- Trade debts +€434
up €434 (+15.0%), from €2,896 to €3,330
- Short-term financial debts +€65
up €65, from €0 to €65
- Other operating charges -€470
down €470 (-100.0%), from €470 to €0
- Gross operating margin +€231
up €231 (+34.8%), from -€665 to -€434
- Financial charges -€91
down €91 (-32.8%), from €279 to €187
- Financial income +€73
new in 2025: €73
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 | €50 | €0 | -€50 | -100.0% |
| Current assets | 29/58 | €50 | €0 | -€50 | -100.0% |
| Amounts receivable within one year | 40/41 | €0 | - | = | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €50 | €0 | -€50 | -100.0% |
| Total equity and liabilities | 10/49 | €50 | €0 | -€50 | -100.0% |
| Equity | 10/15 | -€5,774 | -€6,322 | -€548 | -9.5% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,274 | -€6,822 | -€548 | -8.7% |
| Amounts payable | 17/49 | €5,823 | €6,322 | +€498 | +8.6% |
| Amounts payable within one year | 42/48 | €5,823 | €6,322 | +€498 | +8.6% |
| Financial debts | 43 | €0 | €65 | +€65 | |
| Credit institutions | 430/8 | €0 | €65 | +€65 | |
| Trade debts | 44 | €2,896 | €3,330 | +€434 | +15.0% |
| Suppliers | 440/4 | €2,896 | €3,330 | +€434 | +15.0% |
| Taxes, remuneration and social security | 45 | €1,388 | €1,388 | = | 0.0% |
| Taxes | 450/3 | €1,388 | €1,388 | = | 0.0% |
| Other amounts payable | 47/48 | €1,540 | €1,540 | = | 0.0% |
| Other operating charges | 640/8 | €470 | €0 | -€470 | -100.0% |
| Gross operating margin | 9900 | -€665 | -€434 | +€231 | +34.8% |
| Operating profit (loss) | 9901 | -€1,135 | -€434 | +€701 | +61.8% |
| Financial income | 75/76B | - | €73 | +€73 | |
| Recurring financial income | 75 | - | €73 | +€73 | |
| Financial charges | 65/66B | €279 | €187 | -€91 | -32.8% |
| Recurring financial charges | 65 | €279 | €187 | -€91 | -32.8% |
| Profit (loss) for the period before taxes | 9903 | -€1,413 | -€548 | +€865 | +61.2% |
| Profit (loss) for the period | 9904 | -€1,413 | -€548 | +€865 | +61.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,413 | -€548 | +€865 | +61.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.