BEL VYTRO: 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 VYTRO
Largest movements
- Tangible fixed assets -€15,674
down €15,674 (-5.6%), from €281,430 to €265,756
- Debts after one year -€31,565
down €31,565 (-14.5%), from €217,945 to €186,380
- Profit (loss) carried forward +€6,978
up €6,978 (+23.1%), from €30,145 to €37,122
- Other debts +€5,787
new in 2025: €5,787
- Taxes -€22,021
no longer reported in 2025 (was €22,021)
- Gross operating margin +€11,757
up €11,757 (+51.6%), from €22,799 to €34,556
- Financial charges +€8,774
up €8,774 (+151,277%), from €6 to €8,780
- Depreciation +€3,779
up €3,779 (+31.8%), from €11,895 to €15,674
- Other operating charges +€2,738
up €2,738 (+707%), from €387 to €3,125
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 | €284,210 | €267,163 | -€17,046 | -6.0% |
| Fixed assets | 21/28 | €281,430 | €265,756 | -€15,674 | -5.6% |
| Tangible fixed assets | 22/27 | €281,430 | €265,756 | -€15,674 | -5.6% |
| Land and buildings | 22 | €281,430 | €265,756 | -€15,674 | -5.6% |
| Current assets | 29/58 | €2,780 | €1,407 | -€1,373 | -49.4% |
| Amounts receivable within one year | 40/41 | - | €964 | +€964 | |
| Other amounts receivable | 41 | - | €964 | +€964 | |
| Cash at bank and in hand | 54/58 | €2,780 | €443 | -€2,337 | -84.1% |
| Total equity and liabilities | 10/49 | €284,210 | €267,163 | -€17,046 | -6.0% |
| Equity | 10/15 | €37,595 | €44,572 | +€6,978 | +18.6% |
| Contributions | 10/11 | €7,450 | €7,450 | = | 0.0% |
| Contributions outside capital | 11 | €7,450 | €7,450 | = | 0.0% |
| Share premium | 1100/10 | €7,450 | €7,450 | = | 0.0% |
| Profit (loss) carried forward | 14 | €30,145 | €37,122 | +€6,978 | +23.1% |
| Amounts payable | 17/49 | €246,615 | €222,591 | -€24,024 | -9.7% |
| Amounts payable after more than one year | 17 | €217,945 | €186,380 | -€31,565 | -14.5% |
| Financial debts | 170/4 | €217,945 | €186,380 | -€31,565 | -14.5% |
| Amounts payable within one year | 42/48 | €28,670 | €36,211 | +€7,541 | +26.3% |
| Current portion of amounts payable after more than one year | 42 | €28,670 | €30,424 | +€1,754 | +6.1% |
| Other amounts payable | 47/48 | - | €5,787 | +€5,787 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,895 | €15,674 | +€3,779 | +31.8% |
| Other operating charges | 640/8 | €387 | €3,125 | +€2,738 | +707% |
| Gross operating margin | 9900 | €22,799 | €34,556 | +€11,757 | +51.6% |
| Operating profit (loss) | 9901 | €10,517 | €15,758 | +€5,241 | +49.8% |
| Financial charges | 65/66B | €6 | €8,780 | +€8,774 | +151,277% |
| Recurring financial charges | 65 | €6 | €8,780 | +€8,774 | +151,277% |
| Profit (loss) for the period before taxes | 9903 | €10,511 | €6,978 | -€3,533 | -33.6% |
| Income taxes | 67/77 | €22,021 | - | -€22,021 | |
| Profit (loss) for the period | 9904 | -€11,510 | €6,978 | +€18,488 | |
| Profit (loss) for the period to be appropriated | 9905 | -€11,510 | €6,978 | +€18,488 |
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 16 October 2026 via checked.be.