BELAF: 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.
BELAF
Largest movements
- Tangible fixed assets -€6,797
down €6,797 (-10.7%), from €63,250 to €56,453
- Profit (loss) carried forward -€5,326
down €5,326 (-2.2%), from -€242,536 to -€247,862
- Debts after one year -€1,581
down €1,581 (-0.6%), from €248,326 to €246,745
- Other operating charges -€236
down €236 (-8.1%), from €2,898 to €2,662
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.
Cash bridge derived
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €81,594 | €75,123 | -€6,471 | -7.9% |
| Fixed assets | 21/28 | €81,594 | €74,797 | -€6,797 | -8.3% |
| Tangible fixed assets | 22/27 | €63,250 | €56,453 | -€6,797 | -10.7% |
| Land and buildings | 22 | €63,250 | €56,453 | -€6,797 | -10.7% |
| Financial fixed assets | 28 | €18,344 | €18,344 | = | 0.0% |
| Current assets | 29/58 | - | €326 | +€326 | |
| Deferred charges and accrued income | 490/1 | - | €326 | +€326 | |
| Total equity and liabilities | 10/49 | €81,594 | €75,123 | -€6,471 | -7.9% |
| Equity | 10/15 | -€168,168 | -€173,494 | -€5,326 | -3.2% |
| Contributions | 10/11 | €74,368 | €74,368 | = | 0.0% |
| Capital | 10 | €74,368 | €74,368 | = | 0.0% |
| Issued capital | 100 | €74,368 | €74,368 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€242,536 | -€247,862 | -€5,326 | -2.2% |
| Amounts payable | 17/49 | €249,761 | €248,616 | -€1,145 | -0.5% |
| Amounts payable after more than one year | 17 | €248,326 | €246,745 | -€1,581 | -0.6% |
| Financial debts | 170/4 | €248,326 | €246,745 | -€1,581 | -0.6% |
| Amounts payable within one year | 42/48 | €0 | €434 | +€434 | |
| Trade debts | 44 | €0 | €434 | +€434 | |
| Suppliers | 440/4 | €0 | €434 | +€434 | |
| Accrued charges and deferred income | 492/3 | €1,435 | €1,438 | +€3 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,797 | €6,797 | = | 0.0% |
| Other operating charges | 640/8 | €2,898 | €2,662 | -€236 | -8.1% |
| Gross operating margin | 9900 | €8,935 | €8,904 | -€31 | -0.3% |
| Operating profit (loss) | 9901 | -€760 | -€555 | +€205 | +27.0% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €4,830 | €4,771 | -€59 | -1.2% |
| Recurring financial charges | 65 | €4,830 | €4,771 | -€59 | -1.2% |
| Profit (loss) for the period before taxes | 9903 | -€5,591 | -€5,326 | +€265 | +4.7% |
| Profit (loss) for the period | 9904 | -€5,591 | -€5,326 | +€265 | +4.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,591 | -€5,326 | +€265 | +4.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.