BELFOOD: 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.
BELFOOD
Largest movements
- Receivables within one year -€2,730
down €2,730 (-49.1%), from €5,564 to €2,834
of which Trade receivables: -€5,284
- Other debts -€1,857
no longer reported in 2024 (was €1,857)
- Write-downs +€4,484
new in 2024: €4,484
- Gross operating margin +€3,420
up €3,420 (+542%), from €630 to €4,050
- Other operating charges -€714
down €714 (-61.4%), from €1,163 to €449
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €159,172 | €156,305 | -€2,868 | -1.8% |
| Current assets | 29/58 | €159,172 | €156,305 | -€2,868 | -1.8% |
| Amounts receivable after more than one year | 29 | €153,449 | €153,449 | = | 0.0% |
| Other amounts receivable | 291 | €153,449 | €153,449 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €5,564 | €2,834 | -€2,730 | -49.1% |
| Trade receivables | 40 | €5,564 | €280 | -€5,284 | -95.0% |
| Other amounts receivable | 41 | - | €2,554 | +€2,554 | |
| Cash at bank and in hand | 54/58 | €159 | - | -€159 | |
| Deferred charges and accrued income | 490/1 | - | €22 | +€22 | |
| Total equity and liabilities | 10/49 | €159,172 | €156,305 | -€2,868 | -1.8% |
| Equity | 10/15 | €46,896 | €45,881 | -€1,015 | -2.2% |
| Contributions | 10/11 | €268,550 | €268,550 | = | 0.0% |
| Capital | 10 | €268,550 | €268,550 | = | 0.0% |
| Issued capital | 100 | €268,550 | €268,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€221,654 | -€222,669 | -€1,015 | -0.5% |
| Amounts payable | 17/49 | €112,277 | €110,424 | -€1,853 | -1.7% |
| Amounts payable within one year | 42/48 | €4,181 | €2,328 | -€1,853 | -44.3% |
| Financial debts | 43 | - | €4 | +€4 | |
| Credit institutions | 430/8 | - | €4 | +€4 | |
| Trade debts | 44 | €62 | €62 | = | 0.0% |
| Suppliers | 440/4 | €62 | €62 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €2,262 | €2,262 | = | 0.0% |
| Taxes | 450/3 | €2,262 | €2,262 | = | 0.0% |
| Other amounts payable | 47/48 | €1,857 | - | -€1,857 | |
| Accrued charges and deferred income | 492/3 | €108,096 | €108,096 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €4,484 | +€4,484 | |
| Other operating charges | 640/8 | €1,163 | €449 | -€714 | -61.4% |
| Gross operating margin | 9900 | €630 | €4,050 | +€3,420 | +542% |
| Operating profit (loss) | 9901 | -€533 | -€883 | -€350 | -65.7% |
| Financial income | 75/76B | - | €22 | +€22 | |
| Recurring financial income | 75 | - | €22 | +€22 | |
| Financial charges | 65/66B | €168 | €153 | -€15 | -8.6% |
| Recurring financial charges | 65 | €168 | €153 | -€15 | -8.6% |
| Profit (loss) for the period before taxes | 9903 | -€701 | -€1,015 | -€314 | -44.8% |
| Profit (loss) for the period | 9904 | -€701 | -€1,015 | -€314 | -44.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€701 | -€1,015 | -€314 | -44.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.