BELEYR: 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.
BELEYR
Largest movements
- Cash +€30,799
up €30,799 (+27.0%), from €114,172 to €144,971
mainly Net result for the year (+€27,810) and Tax, wage and social debts (+€7,497)
- Receivables within one year +€5,578
up €5,578 (+34.8%), from €16,033 to €21,610
of which Other amounts receivable: +€3,134
- Reserves +€27,810
up €27,810 (+29.4%), from €94,640 to €122,450
- Tax, wage and social debts +€7,497
up €7,497 (+332%), from €2,257 to €9,754
- Gross operating margin +€48,473
up €48,473, from -€10,760 to €37,713
- Taxes +€8,100
up €8,100 (+2,441%), from €332 to €8,432
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 | €136,792 | €171,632 | +€34,840 | +25.5% |
| Fixed assets | 21/28 | €6,588 | €5,051 | -€1,537 | -23.3% |
| Tangible fixed assets | 22/27 | €6,398 | €4,861 | -€1,537 | -24.0% |
| Plant, machinery and equipment | 23 | €6,398 | €4,861 | -€1,537 | -24.0% |
| Financial fixed assets | 28 | €190 | €190 | = | 0.0% |
| Current assets | 29/58 | €130,204 | €166,581 | +€36,377 | +27.9% |
| Amounts receivable within one year | 40/41 | €16,033 | €21,610 | +€5,578 | +34.8% |
| Trade receivables | 40 | €16,033 | €18,476 | +€2,443 | +15.2% |
| Other amounts receivable | 41 | - | €3,134 | +€3,134 | |
| Cash at bank and in hand | 54/58 | €114,172 | €144,971 | +€30,799 | +27.0% |
| Total equity and liabilities | 10/49 | €136,792 | €171,632 | +€34,840 | +25.5% |
| Equity | 10/15 | €125,829 | €153,639 | +€27,810 | +22.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €94,640 | €122,450 | +€27,810 | +29.4% |
| Distributable reserves | 133 | €94,640 | €122,450 | +€27,810 | +29.4% |
| Profit (loss) carried forward | 14 | €12,589 | €12,589 | = | 0.0% |
| Amounts payable | 17/49 | €10,963 | €17,993 | +€7,030 | +64.1% |
| Amounts payable within one year | 42/48 | €10,963 | €17,993 | +€7,030 | +64.1% |
| Trade debts | 44 | €8,706 | €8,239 | -€467 | -5.4% |
| Suppliers | 440/4 | €8,706 | €8,239 | -€467 | -5.4% |
| Taxes, remuneration and social security | 45 | €2,257 | €9,754 | +€7,497 | +332% |
| Taxes | 450/3 | €2,257 | €9,754 | +€7,497 | +332% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,615 | €1,537 | -€79 | -4.9% |
| Other operating charges | 640/8 | €619 | €567 | -€52 | -8.4% |
| Gross operating margin | 9900 | -€10,760 | €37,713 | +€48,473 | |
| Operating profit (loss) | 9901 | -€12,994 | €35,609 | +€48,603 | |
| Financial income | 75/76B | €532 | €676 | +€144 | +27.0% |
| Recurring financial income | 75 | €532 | €676 | +€144 | +27.0% |
| Financial charges | 65/66B | €71 | €43 | -€28 | -38.9% |
| Recurring financial charges | 65 | €71 | €43 | -€28 | -38.9% |
| Profit (loss) for the period before taxes | 9903 | -€12,533 | €36,242 | +€48,774 | |
| Income taxes | 67/77 | €332 | €8,432 | +€8,100 | +2,441% |
| Profit (loss) for the period | 9904 | -€12,864 | €27,810 | +€40,674 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,864 | €27,810 | +€40,674 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.