BELEV SOFTWARE: 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.
BELEV SOFTWARE
Largest movements
- Receivables within one year +€10,220
up €10,220 (+103.4%), from €9,887 to €20,108
of which Trade receivables: +€12,084
- Cash -€2,025
down €2,025 (-59.3%), from €3,413 to €1,388
mainly Receivables within one year (-€10,220) and Investment in fixed assets (net) (-€1,240)
- Tangible fixed assets +€271
up €271 (+77.8%), from €349 to €620
- Profit (loss) carried forward +€6,318
up €6,318 (+236.5%), from €2,672 to €8,990
- Trade debts +€2,008
up €2,008 (+216.9%), from €925 to €2,933
- Tax, wage and social debts +€365
up €365 (+3.5%), from €10,364 to €10,729
of which Taxes: +€2,718
- Gross operating margin +€5,624
up €5,624 (+19.5%), from €28,866 to €34,490
- Taxes +€1,595
up €1,595 (+140.8%), from €1,133 to €2,728
- Staff costs -€1,489
down €1,489 (-5.8%), from €25,578 to €24,090
- Depreciation -€809
down €809 (-45.5%), from €1,778 to €969
- Financial charges +€450
up €450 (+281.7%), from €160 to €610
of which Financial charges: +€450
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 | €13,961 | €22,652 | +€8,691 | +62.3% |
| Fixed assets | 21/28 | €349 | €620 | +€271 | +77.8% |
| Tangible fixed assets | 22/27 | €349 | €620 | +€271 | +77.8% |
| Furniture and vehicles | 24 | €349 | €620 | +€271 | +77.8% |
| Current assets | 29/58 | €13,612 | €22,032 | +€8,420 | +61.9% |
| Amounts receivable within one year | 40/41 | €9,887 | €20,108 | +€10,220 | +103.4% |
| Trade receivables | 40 | €4,900 | €16,984 | +€12,084 | +246.6% |
| Other amounts receivable | 41 | €4,987 | €3,124 | -€1,863 | -37.4% |
| Cash at bank and in hand | 54/58 | €3,413 | €1,388 | -€2,025 | -59.3% |
| Deferred charges and accrued income | 490/1 | €312 | €537 | +€225 | +72.1% |
| Total equity and liabilities | 10/49 | €13,961 | €22,652 | +€8,691 | +62.3% |
| Equity | 10/15 | €2,672 | €8,990 | +€6,318 | +236.5% |
| Profit (loss) carried forward | 14 | €2,672 | €8,990 | +€6,318 | +236.5% |
| Amounts payable | 17/49 | €11,289 | €13,662 | +€2,373 | +21.0% |
| Amounts payable within one year | 42/48 | €11,289 | €13,662 | +€2,373 | +21.0% |
| Trade debts | 44 | €925 | €2,933 | +€2,008 | +216.9% |
| Suppliers | 440/4 | €925 | €2,933 | +€2,008 | +216.9% |
| Taxes, remuneration and social security | 45 | €10,364 | €10,729 | +€365 | +3.5% |
| Taxes | 450/3 | €6,958 | €9,676 | +€2,718 | +39.1% |
| Remuneration and social security | 454/9 | €3,406 | €1,054 | -€2,352 | -69.1% |
| Remuneration, social security and pensions | 62 | €25,578 | €24,090 | -€1,489 | -5.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,778 | €969 | -€809 | -45.5% |
| Other operating charges | 640/8 | €343 | - | -€343 | |
| Gross operating margin | 9900 | €28,866 | €34,490 | +€5,624 | +19.5% |
| Operating profit (loss) | 9901 | €1,166 | €9,431 | +€8,265 | +708.8% |
| Financial income | 75/76B | €312 | €225 | -€87 | -27.9% |
| Recurring financial income | 75 | €312 | €225 | -€87 | -27.9% |
| Non-recurring financial income | 76B | €312 | €225 | -€87 | -27.9% |
| Financial charges | 65/66B | €160 | €610 | +€450 | +281.7% |
| Recurring financial charges | 65 | €160 | €610 | +€450 | +281.7% |
| Non-recurring financial charges | 66B | €160 | €610 | +€450 | +281.7% |
| Profit (loss) for the period before taxes | 9903 | €1,318 | €9,046 | +€7,728 | +586.4% |
| Income taxes | 67/77 | €1,133 | €2,728 | +€1,595 | +140.8% |
| Profit (loss) for the period | 9904 | €185 | €6,318 | +€6,133 | +3316.8% |
| Profit (loss) for the period to be appropriated | 9905 | €185 | €6,318 | +€6,133 | +3316.8% |
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 7 October 2026 via checked.be.