BELF & CO: 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.
BELF & CO
Largest movements
- Cash -€2,539
down €2,539 (-94.6%), from €2,684 to €145
mainly Net result for the year (-€4,875) and Trade debts (-€1,305)
- Receivables within one year +€961
new in 2023: €961
of which Trade receivables: +€605
- Profit (loss) carried forward -€4,875
down €4,875 (-135.9%), from -€3,588 to -€8,464
- Other debts +€4,729
up €4,729 (+313.8%), from €1,507 to €6,236
- Trade debts -€1,305
down €1,305 (-79.6%), from €1,639 to €334
- Tax, wage and social debts -€127
no longer reported in 2023 (was €127)
- Gross operating margin -€960
down €960 (-26.8%), from -€3,588 to -€4,548
- Other operating charges +€276
new in 2023: €276
- Financial charges +€51
up €51 (+33926.7%), from €0 to €51
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,684 | €1,106 | -€1,578 | -58.8% |
| Current assets | 29/58 | €2,684 | €1,106 | -€1,578 | -58.8% |
| Amounts receivable within one year | 40/41 | - | €961 | +€961 | |
| Trade receivables | 40 | - | €605 | +€605 | |
| Other amounts receivable | 41 | - | €356 | +€356 | |
| Cash at bank and in hand | 54/58 | €2,684 | €145 | -€2,539 | -94.6% |
| Total equity and liabilities | 10/49 | €2,684 | €1,106 | -€1,578 | -58.8% |
| Equity | 10/15 | -€588 | -€5,464 | -€4,875 | -828.6% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,588 | -€8,464 | -€4,875 | -135.9% |
| Amounts payable | 17/49 | €3,273 | €6,570 | +€3,297 | +100.7% |
| Amounts payable within one year | 42/48 | €3,273 | €6,570 | +€3,297 | +100.7% |
| Trade debts | 44 | €1,639 | €334 | -€1,305 | -79.6% |
| Suppliers | 440/4 | €1,639 | €334 | -€1,305 | -79.6% |
| Taxes, remuneration and social security | 45 | €127 | - | -€127 | |
| Taxes | 450/3 | €127 | - | -€127 | |
| Other amounts payable | 47/48 | €1,507 | €6,236 | +€4,729 | +313.8% |
| Other operating charges | 640/8 | - | €276 | +€276 | |
| Gross operating margin | 9900 | -€3,588 | -€4,548 | -€960 | -26.8% |
| Operating profit (loss) | 9901 | -€3,588 | -€4,824 | -€1,236 | -34.5% |
| Financial charges | 65/66B | €0 | €51 | +€51 | +33926.7% |
| Recurring financial charges | 65 | €0 | €51 | +€51 | +33926.7% |
| Profit (loss) for the period before taxes | 9903 | -€3,588 | -€4,875 | -€1,287 | -35.9% |
| Profit (loss) for the period | 9904 | -€3,588 | -€4,875 | -€1,287 | -35.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,588 | -€4,875 | -€1,287 | -35.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.