Beli: 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.
Beli
Largest movements
- Tangible fixed assets -€25,373
down €25,373 (-41.1%), from €61,719 to €36,346
of which Furniture and vehicles: -€18,891
- Cash -€10,149
down €10,149 (-49.5%), from €20,497 to €10,348
mainly Debts after one year (-€42,625) and Trade debts (-€32,726)
- Receivables within one year +€9,183
up €9,183 (+5.8%), from €157,208 to €166,391
of which Other amounts receivable: +€49,775
- Debts after one year -€42,625
down €42,625 (-47.9%), from €88,900 to €46,275
- Trade debts -€32,726
down €32,726 (-91.6%), from €35,718 to €2,993
- Reserves +€21,396
up €21,396 (+20.4%), from €104,930 to €126,326
- Current portion of long-term debt +€20,087
up €20,087 (+298.6%), from €6,727 to €26,814
- Tax, wage and social debts +€4,314
up €4,314 (+451.5%), from €955 to €5,270
of which Remuneration and social security: +€2,969
- Gross operating margin +€18,855
up €18,855 (+15.4%), from €122,287 to €141,142
- Staff costs +€13,631
up €13,631 (+25.9%), from €52,644 to €66,275
- Financial charges +€3,587
up €3,587 (+553.1%), from €648 to €4,235
- Other operating charges +€2,641
up €2,641 (+61.9%), from €4,268 to €6,909
- Taxes +€1,911
up €1,911 (+17.4%), from €10,955 to €12,866
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.
Cash bridge derived
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 | €240,255 | €213,452 | -€26,803 | -11.2% |
| Fixed assets | 21/28 | €61,969 | €36,596 | -€25,373 | -40.9% |
| Tangible fixed assets | 22/27 | €61,719 | €36,346 | -€25,373 | -41.1% |
| Land and buildings | 22 | €4,363 | €4,130 | -€233 | -5.3% |
| Plant, machinery and equipment | 23 | €16,774 | €10,525 | -€6,249 | -37.3% |
| Furniture and vehicles | 24 | €40,583 | €21,692 | -€18,891 | -46.5% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €178,286 | €176,856 | -€1,430 | -0.8% |
| Amounts receivable within one year | 40/41 | €157,208 | €166,391 | +€9,183 | +5.8% |
| Trade receivables | 40 | €55,709 | €15,117 | -€40,592 | -72.9% |
| Other amounts receivable | 41 | €101,499 | €151,274 | +€49,775 | +49.0% |
| Cash at bank and in hand | 54/58 | €20,497 | €10,348 | -€10,149 | -49.5% |
| Deferred charges and accrued income | 490/1 | €581 | €117 | -€464 | -79.9% |
| Total equity and liabilities | 10/49 | €240,255 | €213,452 | -€26,803 | -11.2% |
| Equity | 10/15 | €107,430 | €128,826 | +€21,396 | +19.9% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €104,930 | €126,326 | +€21,396 | +20.4% |
| Distributable reserves | 133 | €104,930 | €126,326 | +€21,396 | +20.4% |
| Amounts payable | 17/49 | €132,825 | €84,626 | -€48,199 | -36.3% |
| Amounts payable after more than one year | 17 | €88,900 | €46,275 | -€42,625 | -47.9% |
| Financial debts | 170/4 | €88,900 | €46,275 | -€42,625 | -47.9% |
| Amounts payable within one year | 42/48 | €43,400 | €38,076 | -€5,324 | -12.3% |
| Current portion of amounts payable after more than one year | 42 | €6,727 | €26,814 | +€20,087 | +298.6% |
| Trade debts | 44 | €35,718 | €2,993 | -€32,726 | -91.6% |
| Suppliers | 440/4 | €35,718 | €2,993 | -€32,726 | -91.6% |
| Taxes, remuneration and social security | 45 | €955 | €5,270 | +€4,314 | +451.5% |
| Taxes | 450/3 | €955 | €2,301 | +€1,345 | +140.8% |
| Remuneration and social security | 454/9 | - | €2,969 | +€2,969 | |
| Other amounts payable | 47/48 | - | €3,000 | +€3,000 | |
| Accrued charges and deferred income | 492/3 | €525 | €275 | -€250 | -47.6% |
| Remuneration, social security and pensions | 62 | €52,644 | €66,275 | +€13,631 | +25.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,190 | €26,670 | -€521 | -1.9% |
| Other operating charges | 640/8 | €4,268 | €6,909 | +€2,641 | +61.9% |
| Gross operating margin | 9900 | €122,287 | €141,142 | +€18,855 | +15.4% |
| Operating profit (loss) | 9901 | €38,185 | €41,288 | +€3,103 | +8.1% |
| Financial income | 75/76B | €271 | €210 | -€62 | -22.8% |
| Recurring financial income | 75 | €271 | €210 | -€62 | -22.8% |
| Financial charges | 65/66B | €648 | €4,235 | +€3,587 | +553.1% |
| Recurring financial charges | 65 | €648 | €4,235 | +€3,587 | +553.1% |
| Profit (loss) for the period before taxes | 9903 | €37,808 | €37,262 | -€546 | -1.4% |
| Income taxes | 67/77 | €10,955 | €12,866 | +€1,911 | +17.4% |
| Profit (loss) for the period | 9904 | €26,852 | €24,396 | -€2,456 | -9.1% |
| Profit (loss) for the period to be appropriated | 9905 | €26,852 | €24,396 | -€2,456 | -9.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.