BELALLEGRIA: 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.
BELALLEGRIA
Largest movements
- Tangible fixed assets -€35,694
down €35,694 (-3.8%), from €943,197 to €907,503
of which Land and buildings: -€32,197
- Profit (loss) carried forward -€111,954
down €111,954 (-27.5%), from -€407,609 to -€519,563
- Debts after one year +€78,022
up €78,022 (+76.4%), from €102,137 to €180,159
- Gross operating margin -€52,917
down €52,917, from €24,823 to -€28,095
- Staff costs +€1,902
up €1,902 (+4.8%), from €39,613 to €41,515
- Depreciation -€575
down €575 (-1.6%), from €36,269 to €35,694
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 | €949,297 | €915,208 | -€34,089 | -3.6% |
| Fixed assets | 21/28 | €943,197 | €907,503 | -€35,694 | -3.8% |
| Tangible fixed assets | 22/27 | €943,197 | €907,503 | -€35,694 | -3.8% |
| Land and buildings | 22 | €935,635 | €903,438 | -€32,197 | -3.4% |
| Plant, machinery and equipment | 23 | €7,562 | €4,065 | -€3,497 | -46.2% |
| Current assets | 29/58 | €6,100 | €7,705 | +€1,605 | +26.3% |
| Amounts receivable within one year | 40/41 | €1,466 | €1,324 | -€141 | -9.6% |
| Trade receivables | 40 | €630 | €489 | -€141 | -22.4% |
| Other amounts receivable | 41 | €835 | €835 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,676 | €4,367 | +€1,691 | +63.2% |
| Deferred charges and accrued income | 490/1 | €1,958 | €2,013 | +€55 | +2.8% |
| Total equity and liabilities | 10/49 | €949,297 | €915,208 | -€34,089 | -3.6% |
| Equity | 10/15 | €842,391 | €730,437 | -€111,954 | -13.3% |
| Contributions | 10/11 | €1,250,000 | €1,250,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€407,609 | -€519,563 | -€111,954 | -27.5% |
| Amounts payable | 17/49 | €106,906 | €184,771 | +€77,865 | +72.8% |
| Amounts payable after more than one year | 17 | €102,137 | €180,159 | +€78,022 | +76.4% |
| Other amounts payable | 178/9 | €102,137 | €180,159 | +€78,022 | +76.4% |
| Amounts payable within one year | 42/48 | €2,769 | €4,611 | +€1,843 | +66.6% |
| Trade debts | 44 | - | €1,411 | +€1,411 | |
| Suppliers | 440/4 | - | €1,411 | +€1,411 | |
| Taxes, remuneration and social security | 45 | €2,769 | €3,200 | +€431 | +15.6% |
| Remuneration and social security | 454/9 | €2,769 | €3,200 | +€431 | +15.6% |
| Accrued charges and deferred income | 492/3 | €2,000 | - | -€2,000 | |
| Remuneration, social security and pensions | 62 | €39,613 | €41,515 | +€1,902 | +4.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,269 | €35,694 | -€575 | -1.6% |
| Other operating charges | 640/8 | €6,263 | €6,460 | +€197 | +3.2% |
| Gross operating margin | 9900 | €24,823 | -€28,095 | -€52,917 | |
| Operating profit (loss) | 9901 | -€57,322 | -€111,764 | -€54,441 | -95.0% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €217 | €192 | -€25 | -11.4% |
| Recurring financial charges | 65 | €217 | €192 | -€25 | -11.4% |
| Profit (loss) for the period before taxes | 9903 | -€57,539 | -€111,954 | -€54,415 | -94.6% |
| Profit (loss) for the period | 9904 | -€57,539 | -€111,954 | -€54,415 | -94.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€57,539 | -€111,954 | -€54,415 | -94.6% |
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 17 October 2026 via checked.be.