Belga & Co Roastery: what changed
Belga & Co Roastery
Largest movements
- Receivables within one year +€28,386
up €28,386 (+111%), from €25,508 to €53,893
of which Trade receivables: +€30,853
- Tangible fixed assets -€2,466
down €2,466 (-4.4%), from €55,737 to €53,272
of which Furniture and vehicles: -€1,348
- Stocks and contracts +€2,458
up €2,458 (+22.5%), from €10,926 to €13,383
- Cash -€1,707
down €1,707 (-25.2%), from €6,788 to €5,081
mainly Receivables within one year (-€28,386) and Investment in fixed assets (net) (-€10,038)
- Profit (loss) carried forward +€30,224
up €30,224 (+55.9%), from -€54,083 to -€23,859
- Debts after one year -€5,485
no longer reported in 2023 (was €5,485)
- Tax, wage and social debts +€4,358
up €4,358 (+100.0%), from €4,359 to €8,717
of which Taxes: +€2,971
- Trade debts -€2,863
down €2,863 (-25.7%), from €11,153 to €8,290
- Gross operating margin +€37,366
up €37,366 (+142%), from €26,243 to €63,608
- Other operating charges +€3,097
up €3,097 (+503%), from €616 to €3,713
- Staff costs -€1,033
down €1,033 (-6.1%), from €16,907 to €15,874
Change in the result, 2022 to 2023
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2022 and 2023 balance sheets and the 2023 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €101,494 | €126,661 | +€25,166 | +24.8% |
| Formation expenses | 20 | €2,062 | €1,031 | -€1,031 | -50.0% |
| Fixed assets | 21/28 | €55,737 | €53,272 | -€2,466 | -4.4% |
| Tangible fixed assets | 22/27 | €55,737 | €53,272 | -€2,466 | -4.4% |
| Plant, machinery and equipment | 23 | €50,839 | €49,722 | -€1,117 | -2.2% |
| Furniture and vehicles | 24 | €4,898 | €3,550 | -€1,348 | -27.5% |
| Current assets | 29/58 | €43,695 | €72,358 | +€28,663 | +65.6% |
| Stocks and contracts in progress | 3 | €10,926 | €13,383 | +€2,458 | +22.5% |
| Stocks | 30/36 | €10,926 | €13,383 | +€2,458 | +22.5% |
| Amounts receivable within one year | 40/41 | €25,508 | €53,893 | +€28,386 | +111% |
| Trade receivables | 40 | €14,532 | €45,386 | +€30,853 | +212% |
| Other amounts receivable | 41 | €10,976 | €8,508 | -€2,468 | -22.5% |
| Cash at bank and in hand | 54/58 | €6,788 | €5,081 | -€1,707 | -25.2% |
| Deferred charges and accrued income | 490/1 | €473 | - | -€473 | |
| Total equity and liabilities | 10/49 | €101,494 | €126,661 | +€25,166 | +24.8% |
| Equity | 10/15 | -€35,483 | -€5,259 | +€30,224 | +85.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€54,083 | -€23,859 | +€30,224 | +55.9% |
| Amounts payable | 17/49 | €136,977 | €131,919 | -€5,058 | -3.7% |
| Amounts payable after more than one year | 17 | €5,485 | - | -€5,485 | |
| Financial debts | 170/4 | €5,485 | - | -€5,485 | |
| Amounts payable within one year | 42/48 | €131,492 | €131,919 | +€428 | +0.3% |
| Current portion of amounts payable after more than one year | 42 | €40,063 | €39,846 | -€216 | -0.5% |
| Trade debts | 44 | €11,153 | €8,290 | -€2,863 | -25.7% |
| Suppliers | 440/4 | €11,153 | €8,290 | -€2,863 | -25.7% |
| Taxes, remuneration and social security | 45 | €4,359 | €8,717 | +€4,358 | +100.0% |
| Taxes | 450/3 | - | €2,971 | +€2,971 | |
| Remuneration and social security | 454/9 | €4,359 | €5,746 | +€1,387 | +31.8% |
| Other amounts payable | 47/48 | €75,917 | €75,067 | -€851 | -1.1% |
| Remuneration, social security and pensions | 62 | €16,907 | €15,874 | -€1,033 | -6.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,517 | €13,534 | +€17 | +0.1% |
| Other operating charges | 640/8 | €616 | €3,713 | +€3,097 | +503% |
| Gross operating margin | 9900 | €26,243 | €63,608 | +€37,366 | +142% |
| Operating profit (loss) | 9901 | -€4,797 | €30,487 | +€35,284 | |
| Financial income | 75/76B | €8 | €116 | +€108 | +1,414% |
| Recurring financial income | 75 | €8 | €116 | +€108 | +1,414% |
| Financial charges | 65/66B | €635 | €379 | -€256 | -40.3% |
| Recurring financial charges | 65 | €635 | €379 | -€256 | -40.3% |
| Profit (loss) for the period before taxes | 9903 | -€5,424 | €30,224 | +€35,648 | |
| Profit (loss) for the period | 9904 | -€5,424 | €30,224 | +€35,648 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,424 | €30,224 | +€35,648 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.