BELI-ELEC: 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-ELEC
Largest movements
- Tangible fixed assets -€6,278
down €6,278 (-34.5%), from €18,195 to €11,917
- Cash -€4,382
down €4,382 (-16.0%), from €27,465 to €23,083
mainly Other debts (-€9,329) and Debts after one year (-€2,979)
- Receivables within one year -€1,319
down €1,319 (-52.4%), from €2,514 to €1,196
of which Other amounts receivable: -€1,789
- Other debts -€9,329
down €9,329 (-72.8%), from €12,820 to €3,491
- Debts after one year -€2,979
down €2,979 (-30.7%), from €9,705 to €6,726
- Trade debts -€537
down €537 (-47.9%), from €1,121 to €585
- Gross operating margin -€24,204
down €24,204 (-75.7%), from €31,991 to €7,787
- Taxes -€3,049
down €3,049 (-92.4%), from €3,301 to €251
- Depreciation +€1,150
up €1,150 (+22.4%), from €5,128 to €6,278
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 | €48,174 | €36,195 | -€11,979 | -24.9% |
| Fixed assets | 21/28 | €18,195 | €11,917 | -€6,278 | -34.5% |
| Tangible fixed assets | 22/27 | €18,195 | €11,917 | -€6,278 | -34.5% |
| Furniture and vehicles | 24 | €18,195 | €11,917 | -€6,278 | -34.5% |
| Current assets | 29/58 | €29,979 | €24,278 | -€5,701 | -19.0% |
| Amounts receivable within one year | 40/41 | €2,514 | €1,196 | -€1,319 | -52.4% |
| Trade receivables | 40 | - | €470 | +€470 | |
| Other amounts receivable | 41 | €2,514 | €726 | -€1,789 | -71.1% |
| Cash at bank and in hand | 54/58 | €27,465 | €23,083 | -€4,382 | -16.0% |
| Total equity and liabilities | 10/49 | €48,174 | €36,195 | -€11,979 | -24.9% |
| Equity | 10/15 | €18,313 | €18,754 | +€441 | +2.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €15,313 | €15,754 | +€441 | +2.9% |
| Amounts payable | 17/49 | €29,861 | €17,441 | -€12,420 | -41.6% |
| Amounts payable after more than one year | 17 | €9,705 | €6,726 | -€2,979 | -30.7% |
| Financial debts | 170/4 | €9,705 | €6,726 | -€2,979 | -30.7% |
| Amounts payable within one year | 42/48 | €20,106 | €10,676 | -€9,429 | -46.9% |
| Current portion of amounts payable after more than one year | 42 | €2,828 | €2,979 | +€151 | +5.3% |
| Trade debts | 44 | €1,121 | €585 | -€537 | -47.9% |
| Suppliers | 440/4 | €1,121 | €585 | -€537 | -47.9% |
| Taxes, remuneration and social security | 45 | €3,336 | €3,621 | +€285 | +8.6% |
| Taxes | 450/3 | €3,336 | €3,621 | +€285 | +8.6% |
| Other amounts payable | 47/48 | €12,820 | €3,491 | -€9,329 | -72.8% |
| Accrued charges and deferred income | 492/3 | €51 | €39 | -€11 | -22.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,128 | €6,278 | +€1,150 | +22.4% |
| Other operating charges | 640/8 | - | €110 | +€110 | |
| Gross operating margin | 9900 | €31,991 | €7,787 | -€24,204 | -75.7% |
| Operating profit (loss) | 9901 | €26,863 | €1,399 | -€25,464 | -94.8% |
| Financial income | 75/76B | €155 | €5 | -€150 | -96.9% |
| Recurring financial income | 75 | €155 | €5 | -€150 | -96.9% |
| Financial charges | 65/66B | €776 | €711 | -€65 | -8.3% |
| Recurring financial charges | 65 | €776 | €711 | -€65 | -8.3% |
| Profit (loss) for the period before taxes | 9903 | €26,242 | €693 | -€25,549 | -97.4% |
| Income taxes | 67/77 | €3,301 | €251 | -€3,049 | -92.4% |
| Profit (loss) for the period | 9904 | €22,942 | €441 | -€22,500 | -98.1% |
| Profit (loss) for the period to be appropriated | 9905 | €22,942 | €441 | -€22,500 | -98.1% |
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 26 October 2026 via checked.be.