Beli Centro: 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.
Beli Centro
Largest movements
- Receivables within one year +€27,578
up €27,578 (+16.1%), from €171,461 to €199,039
of which Trade receivables: +€13,824
- Cash -€12,043
down €12,043 (-98.0%), from €12,289 to €246
mainly Receivables within one year (-€27,578) and Trade debts (-€1,667)
- Other debts +€9,654
up €9,654 (+6.3%), from €154,270 to €163,924
- Profit (loss) carried forward +€7,491
up €7,491, from -€1,518 to €5,973
- Gross operating margin -€21,762
down €21,762 (-46.5%), from €46,772 to €25,010
- Taxes -€5,479
down €5,479 (-43.9%), from €12,467 to €6,988
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 | €235,167 | €253,022 | +€17,855 | +7.6% |
| Fixed assets | 21/28 | €50,330 | €51,530 | +€1,200 | +2.4% |
| Tangible fixed assets | 22/27 | - | €1,530 | +€1,530 | |
| Furniture and vehicles | 24 | - | €1,530 | +€1,530 | |
| Financial fixed assets | 28 | €50,330 | €50,000 | -€330 | -0.7% |
| Current assets | 29/58 | €184,837 | €201,492 | +€16,655 | +9.0% |
| Amounts receivable within one year | 40/41 | €171,461 | €199,039 | +€27,578 | +16.1% |
| Trade receivables | 40 | €3,938 | €17,762 | +€13,824 | +351% |
| Other amounts receivable | 41 | €167,523 | €181,277 | +€13,754 | +8.2% |
| Cash at bank and in hand | 54/58 | €12,289 | €246 | -€12,043 | -98.0% |
| Deferred charges and accrued income | 490/1 | €1,086 | €2,207 | +€1,121 | +103% |
| Total equity and liabilities | 10/49 | €235,167 | €253,022 | +€17,855 | +7.6% |
| Equity | 10/15 | €53,482 | €60,973 | +€7,491 | +14.0% |
| Contributions | 10/11 | €55,000 | €55,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,518 | €5,973 | +€7,491 | |
| Amounts payable | 17/49 | €181,685 | €192,049 | +€10,364 | +5.7% |
| Amounts payable within one year | 42/48 | €180,120 | €190,482 | +€10,362 | +5.8% |
| Trade debts | 44 | €8,770 | €7,102 | -€1,667 | -19.0% |
| Suppliers | 440/4 | €8,770 | €7,102 | -€1,667 | -19.0% |
| Taxes, remuneration and social security | 45 | €17,079 | €19,455 | +€2,376 | +13.9% |
| Taxes | 450/3 | €17,079 | €19,455 | +€2,376 | +13.9% |
| Other amounts payable | 47/48 | €154,270 | €163,924 | +€9,654 | +6.3% |
| Accrued charges and deferred income | 492/3 | €1,566 | €1,567 | +€1 | +0.1% |
| Non-recurring operating income | 76A | €73,122 | €15,000 | -€58,122 | -79.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €112 | +€112 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €205 | +€205 | |
| Other operating charges | 640/8 | €1,341 | €1,559 | +€219 | +16.3% |
| Non-recurring operating charges | 66A | - | €7,423 | +€7,423 | |
| Gross operating margin | 9900 | €46,772 | €25,010 | -€21,762 | -46.5% |
| Operating profit (loss) | 9901 | €45,431 | €15,709 | -€29,722 | -65.4% |
| Financial income | 75/76B | €86 | €1 | -€85 | -98.8% |
| Recurring financial income | 75 | €86 | €1 | -€85 | -98.8% |
| Financial charges | 65/66B | €1,657 | €1,231 | -€426 | -25.7% |
| Recurring financial charges | 65 | €1,657 | €1,231 | -€426 | -25.7% |
| Profit (loss) for the period before taxes | 9903 | €43,859 | €14,479 | -€29,380 | -67.0% |
| Income taxes | 67/77 | €12,467 | €6,988 | -€5,479 | -43.9% |
| Profit (loss) for the period | 9904 | €31,392 | €7,491 | -€23,901 | -76.1% |
| Profit (loss) for the period to be appropriated | 9905 | €31,392 | €7,491 | -€23,901 | -76.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.