BELELA: 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.
BELELA
Largest movements
- Receivables within one year +€2,126
up €2,126 (+29.8%), from €7,129 to €9,255
of which Trade receivables: +€2,126
- Tangible fixed assets -€1,900
down €1,900 (-33.0%), from €5,761 to €3,861
- Cash +€465
new in 2025: €465
mainly Depreciation (+€1,900) and Trade debts (+€1,676)
- Profit (loss) carried forward -€2,540
down €2,540 (-33.6%), from -€7,555 to -€10,095
- Trade debts +€1,676
up €1,676 (+34.6%), from €4,849 to €6,525
- Other debts +€1,536
up €1,536 (+17.8%), from €8,614 to €10,150
- Gross operating margin -€400
down €400, from €0 to -€400
- Purchases and services +€400
new in 2025: €400
- Other operating charges +€50
new in 2025: €50
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 | €12,908 | €13,581 | +€672 | +5.2% |
| Fixed assets | 21/28 | €5,761 | €3,861 | -€1,900 | -33.0% |
| Tangible fixed assets | 22/27 | €5,761 | €3,861 | -€1,900 | -33.0% |
| Furniture and vehicles | 24 | €5,761 | €3,861 | -€1,900 | -33.0% |
| Current assets | 29/58 | €7,147 | €9,719 | +€2,572 | +36.0% |
| Amounts receivable within one year | 40/41 | €7,129 | €9,255 | +€2,126 | +29.8% |
| Trade receivables | 40 | - | €2,126 | +€2,126 | |
| Other amounts receivable | 41 | €7,129 | €7,129 | = | 0.0% |
| Cash at bank and in hand | 54/58 | - | €465 | +€465 | |
| Deferred charges and accrued income | 490/1 | €18 | - | -€18 | |
| Total equity and liabilities | 10/49 | €12,908 | €13,581 | +€672 | +5.2% |
| Equity | 10/15 | -€555 | -€3,095 | -€2,540 | -458.1% |
| Contributions | 10/11 | €7,000 | €7,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,555 | -€10,095 | -€2,540 | -33.6% |
| Amounts payable | 17/49 | €13,463 | €16,675 | +€3,212 | +23.9% |
| Amounts payable within one year | 42/48 | €13,463 | €16,675 | +€3,212 | +23.9% |
| Trade debts | 44 | €4,849 | €6,525 | +€1,676 | +34.6% |
| Suppliers | 440/4 | €4,849 | €6,525 | +€1,676 | +34.6% |
| Other amounts payable | 47/48 | €8,614 | €10,150 | +€1,536 | +17.8% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €400 | +€400 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,900 | €1,900 | = | 0.0% |
| Other operating charges | 640/8 | - | €50 | +€50 | |
| Non-recurring operating charges | 66A | - | €95 | +€95 | |
| Gross operating margin | 9900 | €0 | -€400 | -€400 | |
| Operating profit (loss) | 9901 | -€1,900 | -€2,445 | -€545 | -28.7% |
| Financial charges | 65/66B | €93 | €95 | +€2 | +2.2% |
| Recurring financial charges | 65 | €93 | €95 | +€2 | +2.2% |
| Profit (loss) for the period before taxes | 9903 | -€1,993 | -€2,540 | -€547 | -27.5% |
| Profit (loss) for the period | 9904 | -€1,993 | -€2,540 | -€547 | -27.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,993 | -€2,540 | -€547 | -27.5% |
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 4 October 2026 via checked.be.