BELESSENTIAL: 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.
BELESSENTIAL
Largest movements
- Cash -€1,239
down €1,239 (-77.5%), from €1,598 to €359
mainly Other debts (-€963) and Net result for the year (-€253)
- Stocks and contracts -€198
down €198 (-7.6%), from €2,604 to €2,406
- Receivables within one year +€74
new in 2025: €74
- Other debts -€963
down €963 (-32.8%), from €2,934 to €1,971
- Profit (loss) carried forward -€253
down €253 (-13.5%), from -€1,879 to -€2,132
- Tax, wage and social debts -€112
no longer reported in 2025 (was €112)
- Other operating charges -€475
down €475 (-95.0%), from €500 to €25
- Financial charges +€72
up €72 (+138.8%), from €52 to €125
- Gross operating margin +€55
up €55 (+34.7%), from -€158 to -€103
- Financial income -€5
down €5 (-99.8%), from €5 to €0
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 | €4,201 | €2,839 | -€1,362 | -32.4% |
| Current assets | 29/58 | €4,201 | €2,839 | -€1,362 | -32.4% |
| Stocks and contracts in progress | 3 | €2,604 | €2,406 | -€198 | -7.6% |
| Stocks | 30/36 | €2,604 | €2,406 | -€198 | -7.6% |
| Amounts receivable within one year | 40/41 | - | €74 | +€74 | |
| Other amounts receivable | 41 | - | €74 | +€74 | |
| Cash at bank and in hand | 54/58 | €1,598 | €359 | -€1,239 | -77.5% |
| Total equity and liabilities | 10/49 | €4,201 | €2,839 | -€1,362 | -32.4% |
| Equity | 10/15 | €1,121 | €868 | -€253 | -22.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,879 | -€2,132 | -€253 | -13.5% |
| Amounts payable | 17/49 | €3,080 | €1,971 | -€1,109 | -36.0% |
| Amounts payable within one year | 42/48 | €3,080 | €1,971 | -€1,109 | -36.0% |
| Trade debts | 44 | €35 | - | -€35 | |
| Suppliers | 440/4 | €35 | - | -€35 | |
| Taxes, remuneration and social security | 45 | €112 | - | -€112 | |
| Taxes | 450/3 | €112 | - | -€112 | |
| Other amounts payable | 47/48 | €2,934 | €1,971 | -€963 | -32.8% |
| Other operating charges | 640/8 | €500 | €25 | -€475 | -95.0% |
| Gross operating margin | 9900 | -€158 | -€103 | +€55 | +34.7% |
| Operating profit (loss) | 9901 | -€658 | -€128 | +€530 | +80.5% |
| Financial income | 75/76B | €5 | €0 | -€5 | -99.8% |
| Recurring financial income | 75 | €5 | €0 | -€5 | -99.8% |
| Financial charges | 65/66B | €52 | €125 | +€72 | +138.8% |
| Recurring financial charges | 65 | €52 | €125 | +€72 | +138.8% |
| Profit (loss) for the period before taxes | 9903 | -€706 | -€253 | +€452 | +64.1% |
| Profit (loss) for the period | 9904 | -€706 | -€253 | +€452 | +64.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€706 | -€253 | +€452 | +64.1% |
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 28 September 2026 via checked.be.