BELBuilding: what changed
BELBuilding
Largest movements
- Cash +€36,112
up €36,112 (+1,152%), from €3,136 to €39,248
mainly Net result for the year (+€14,654) and Tax, wage and social debts (+€11,962)
- Tangible fixed assets -€6,257
down €6,257 (-4.3%), from €144,204 to €137,947
of which Leasing and similar rights: -€3,227
- Receivables within one year -€2,996
down €2,996 (-65.0%), from €4,608 to €1,612
of which Trade receivables: -€2,578
- Profit (loss) carried forward +€14,654
up €14,654 (+19.3%), from €75,811 to €90,465
- Tax, wage and social debts +€11,962
up €11,962 (+66.0%), from €18,117 to €30,079
of which Remuneration and social security: +€9,844
- Debts after one year -€3,659
down €3,659 (-19.3%), from €19,006 to €15,347
of which Financial debts: -€3,919
- Current portion of long-term debt +€3,606
new in 2024: €3,606
- Staff costs +€13,801
up €13,801 (+74.7%), from €18,480 to €32,281
- Gross operating margin -€4,069
down €4,069 (-6.1%), from €67,094 to €63,025
- Taxes -€3,445
down €3,445 (-48.4%), from €7,122 to €3,677
- Depreciation -€2,214
down €2,214 (-20.3%), from €10,907 to €8,693
- Financial charges +€1,293
up €1,293 (+103%), from €1,252 to €2,545
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €152,375 | €178,807 | +€26,432 | +17.3% |
| Fixed assets | 21/28 | €144,204 | €137,947 | -€6,257 | -4.3% |
| Tangible fixed assets | 22/27 | €144,204 | €137,947 | -€6,257 | -4.3% |
| Land and buildings | 22 | €121,460 | €118,430 | -€3,030 | -2.5% |
| Leasing and similar rights | 25 | €22,744 | €19,517 | -€3,227 | -14.2% |
| Current assets | 29/58 | €8,171 | €40,860 | +€32,689 | +400% |
| Amounts receivable within one year | 40/41 | €4,608 | €1,612 | -€2,996 | -65.0% |
| Trade receivables | 40 | €4,187 | €1,609 | -€2,578 | -61.6% |
| Other amounts receivable | 41 | €421 | €3 | -€418 | -99.3% |
| Cash at bank and in hand | 54/58 | €3,136 | €39,248 | +€36,112 | +1,152% |
| Deferred charges and accrued income | 490/1 | €427 | - | -€427 | |
| Total equity and liabilities | 10/49 | €152,375 | €178,807 | +€26,432 | +17.3% |
| Equity | 10/15 | €75,811 | €90,465 | +€14,654 | +19.3% |
| Profit (loss) carried forward | 14 | €75,811 | €90,465 | +€14,654 | +19.3% |
| Amounts payable | 17/49 | €76,564 | €88,342 | +€11,778 | +15.4% |
| Amounts payable after more than one year | 17 | €19,006 | €15,347 | -€3,659 | -19.3% |
| Financial debts | 170/4 | €19,006 | €15,087 | -€3,919 | -20.6% |
| Other amounts payable | 178/9 | - | €260 | +€260 | |
| Amounts payable within one year | 42/48 | €57,558 | €72,995 | +€15,437 | +26.8% |
| Current portion of amounts payable after more than one year | 42 | - | €3,606 | +€3,606 | |
| Trade debts | 44 | €1,227 | €966 | -€261 | -21.3% |
| Suppliers | 440/4 | €1,227 | €966 | -€261 | -21.3% |
| Taxes, remuneration and social security | 45 | €18,117 | €30,079 | +€11,962 | +66.0% |
| Taxes | 450/3 | €11,215 | €13,333 | +€2,118 | +18.9% |
| Remuneration and social security | 454/9 | €6,902 | €16,746 | +€9,844 | +143% |
| Other amounts payable | 47/48 | €38,214 | €38,344 | +€130 | +0.3% |
| Remuneration, social security and pensions | 62 | €18,480 | €32,281 | +€13,801 | +74.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,907 | €8,693 | -€2,214 | -20.3% |
| Other operating charges | 640/8 | €994 | €1,233 | +€239 | +24.0% |
| Gross operating margin | 9900 | €67,094 | €63,025 | -€4,069 | -6.1% |
| Operating profit (loss) | 9901 | €36,713 | €20,818 | -€15,895 | -43.3% |
| Financial income | 75/76B | - | €58 | +€58 | |
| Recurring financial income | 75 | - | €58 | +€58 | |
| Financial charges | 65/66B | €1,252 | €2,545 | +€1,293 | +103% |
| Recurring financial charges | 65 | €1,252 | €2,545 | +€1,293 | +103% |
| Profit (loss) for the period before taxes | 9903 | €35,461 | €18,331 | -€17,130 | -48.3% |
| Income taxes | 67/77 | €7,122 | €3,677 | -€3,445 | -48.4% |
| Profit (loss) for the period | 9904 | €28,339 | €14,654 | -€13,685 | -48.3% |
| Profit (loss) for the period to be appropriated | 9905 | €28,339 | €14,654 | -€13,685 | -48.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.