BELIA: 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.
BELIA
Largest movements
- Current investments -€70,000
down €70,000 (-7.3%), from €960,000 to €890,000
- Tangible fixed assets -€16,525
down €16,525 (-45.0%), from €36,685 to €20,160
of which Furniture and vehicles: -€15,348
- Reserves -€57,024
down €57,024 (-5.2%), from €1.1m to €1.0m
of which Distributable reserves: -€56,982
- Tax, wage and social debts -€25,823
down €25,823 (-100.0%), from €25,823 to €0
- Gross operating margin -€774,030
down €774,030 (-94.9%), from €815,544 to €41,514
- Taxes -€266,442
down €266,442 (-93.9%), from €283,847 to €17,405
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.
Cash bridge derived
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 | €1,141,437 | €1,057,449 | -€83,988 | -7.4% |
| Fixed assets | 21/28 | €36,685 | €20,160 | -€16,525 | -45.0% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €36,685 | €20,160 | -€16,525 | -45.0% |
| Plant, machinery and equipment | 23 | €2,160 | €982 | -€1,178 | -54.5% |
| Furniture and vehicles | 24 | €34,525 | €19,177 | -€15,348 | -44.5% |
| Current assets | 29/58 | €1,104,752 | €1,037,289 | -€67,463 | -6.1% |
| Amounts receivable within one year | 40/41 | €0 | €779 | +€779 | |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €0 | €779 | +€779 | |
| Current investments | 50/53 | €960,000 | €890,000 | -€70,000 | -7.3% |
| Cash at bank and in hand | 54/58 | €130,041 | €136,679 | +€6,638 | +5.1% |
| Deferred charges and accrued income | 490/1 | €14,711 | €9,831 | -€4,880 | -33.2% |
| Total equity and liabilities | 10/49 | €1,141,437 | €1,057,449 | -€83,988 | -7.4% |
| Equity | 10/15 | €1,113,765 | €1,056,741 | -€57,024 | -5.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,093,023 | €1,035,999 | -€57,024 | -5.2% |
| Tax-exempt reserves | 132 | €406 | €364 | -€42 | -10.3% |
| Distributable reserves | 133 | €1,092,617 | €1,035,635 | -€56,982 | -5.2% |
| Profit (loss) carried forward | 14 | €741 | €741 | = | 0.0% |
| Provisions and deferred taxes | 16 | €14 | €0 | -€14 | -100.0% |
| Deferred taxes | 168 | €14 | €0 | -€14 | -100.0% |
| Amounts payable | 17/49 | €27,658 | €708 | -€26,950 | -97.4% |
| Amounts payable within one year | 42/48 | €27,658 | €708 | -€26,950 | -97.4% |
| Trade debts | 44 | €950 | €7 | -€944 | -99.3% |
| Suppliers | 440/4 | €950 | €7 | -€944 | -99.3% |
| Taxes, remuneration and social security | 45 | €25,823 | €0 | -€25,823 | -100.0% |
| Taxes | 450/3 | €25,823 | €0 | -€25,823 | -100.0% |
| Other amounts payable | 47/48 | €885 | €701 | -€183 | -20.7% |
| Non-recurring operating income | 76A | €724,945 | €0 | -€724,945 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,556 | €16,469 | -€88 | -0.5% |
| Other operating charges | 640/8 | €1,414 | €730 | -€684 | -48.4% |
| Non-recurring operating charges | 66A | €0 | €57 | +€57 | |
| Gross operating margin | 9900 | €815,544 | €41,514 | -€774,030 | -94.9% |
| Operating profit (loss) | 9901 | €797,574 | €24,258 | -€773,316 | -97.0% |
| Financial income | 75/76B | €25,322 | €27,281 | +€1,958 | +7.7% |
| Recurring financial income | 75 | €25,322 | €27,281 | +€1,958 | +7.7% |
| Financial charges | 65/66B | €78 | €72 | -€6 | -7.2% |
| Recurring financial charges | 65 | €78 | €72 | -€6 | -7.2% |
| Profit (loss) for the period before taxes | 9903 | €822,818 | €51,467 | -€771,352 | -93.7% |
| Transfer from deferred taxes | 780 | €16,234 | €14 | -€16,220 | -99.9% |
| Income taxes | 67/77 | €283,847 | €17,405 | -€266,442 | -93.9% |
| Profit (loss) for the period | 9904 | €555,205 | €34,076 | -€521,129 | -93.9% |
| Transfer from tax-exempt reserves | 789 | €48,702 | €42 | -€48,660 | -99.9% |
| Profit (loss) for the period to be appropriated | 9905 | €603,908 | €34,118 | -€569,790 | -94.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.