BELEPIS: 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.
BELEPIS
Largest movements
- Tangible fixed assets -€1,298
down €1,298 (-25.0%), from €5,190 to €3,893
- Receivables within one year -€826
down €826 (-100%), from €826 to €0
of which Trade receivables: -€826
- Intangible fixed assets -€362
down €362 (-70.5%), from €514 to €152
- Cash -€272
down €272 (-100%), from €272 to €0
mainly Net result for the year (-€2,477) and Trade debts (-€818)
- Profit (loss) carried forward -€2,477
down €2,477 (-10.2%), from -€24,185 to -€26,662
- Trade debts -€818
down €818 (-52.7%), from €1,553 to €735
- Other debts +€538
up €538 (+2.3%), from €23,233 to €23,771
- Gross operating margin +€2,848
up €2,848 (+77.7%), from -€3,666 to -€818
- Staff costs -€523
down €523 (-100%), from €523 to €0
- Financial charges -€207
no longer reported in 2025 (was €207)
- Other operating charges -€64
no longer reported in 2025 (was €64)
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 | €6,801 | €4,044 | -€2,757 | -40.5% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €5,704 | €4,044 | -€1,660 | -29.1% |
| Intangible fixed assets | 21 | €514 | €152 | -€362 | -70.5% |
| Tangible fixed assets | 22/27 | €5,190 | €3,893 | -€1,298 | -25.0% |
| Plant, machinery and equipment | 23 | €5,190 | €3,893 | -€1,298 | -25.0% |
| Current assets | 29/58 | €1,098 | €0 | -€1,098 | -100% |
| Amounts receivable within one year | 40/41 | €826 | €0 | -€826 | -100% |
| Trade receivables | 40 | €826 | €0 | -€826 | -100% |
| Other amounts receivable | 41 | €0 | €0 | = | |
| Cash at bank and in hand | 54/58 | €272 | €0 | -€272 | -100% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €6,801 | €4,044 | -€2,757 | -40.5% |
| Equity | 10/15 | -€17,985 | -€20,462 | -€2,477 | -13.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€24,185 | -€26,662 | -€2,477 | -10.2% |
| Amounts payable | 17/49 | €24,786 | €24,506 | -€280 | -1.1% |
| Amounts payable within one year | 42/48 | €24,786 | €24,506 | -€280 | -1.1% |
| Trade debts | 44 | €1,553 | €735 | -€818 | -52.7% |
| Suppliers | 440/4 | €1,553 | €735 | -€818 | -52.7% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €23,233 | €23,771 | +€538 | +2.3% |
| Remuneration, social security and pensions | 62 | €523 | €0 | -€523 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,660 | €1,660 | = | 0.0% |
| Other operating charges | 640/8 | €64 | - | -€64 | |
| Gross operating margin | 9900 | -€3,666 | -€818 | +€2,848 | +77.7% |
| Operating profit (loss) | 9901 | -€5,912 | -€2,477 | +€3,435 | +58.1% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €207 | - | -€207 | |
| Recurring financial charges | 65 | €207 | - | -€207 | |
| Profit (loss) for the period before taxes | 9903 | -€6,119 | -€2,477 | +€3,642 | +59.5% |
| Profit (loss) for the period | 9904 | -€6,119 | -€2,477 | +€3,642 | +59.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,119 | -€2,477 | +€3,642 | +59.5% |
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.