BELIEN: 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.
BELIEN
Largest movements
- Receivables within one year +€40,683
up €40,683 (+17.5%), from €231,827 to €272,511
of which Other amounts receivable: +€94,766
- Cash +€26,385
up €26,385 (+978%), from €2,698 to €29,083
mainly Tax, wage and social debts (+€99,062) and Net result for the year (+€7,986)
- Tangible fixed assets +€11,795
up €11,795 (+246%), from €4,791 to €16,586
of which Furniture and vehicles: +€12,220
- Tax, wage and social debts +€99,062
up €99,062 (+32.6%), from €304,250 to €403,312
of which Remuneration and social security: +€66,523
- Trade debts -€23,771
down €23,771 (-18.6%), from €127,562 to €103,792
- Profit (loss) carried forward +€9,886
up €9,886 (+3.2%), from -€305,960 to -€296,073
- Debts after one year -€4,722
down €4,722 (-70.8%), from €6,667 to €1,945
- Financial charges -€15,138
down €15,138 (-35.6%), from €42,577 to €27,439
- Other operating charges +€12,573
up €12,573 (+16.0%), from €78,509 to €91,082
- Staff costs -€10,988
down €10,988 (-2.8%), from €394,042 to €383,053
- Financial income +€5,392
up €5,392 (+398%), from €1,353 to €6,745
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 | €259,469 | €336,362 | +€76,894 | +29.6% |
| Fixed assets | 21/28 | €9,326 | €21,196 | +€11,870 | +127% |
| Tangible fixed assets | 22/27 | €4,791 | €16,586 | +€11,795 | +246% |
| Furniture and vehicles | 24 | €3,516 | €15,736 | +€12,220 | +348% |
| Other tangible fixed assets | 26 | €1,275 | €850 | -€425 | -33.3% |
| Financial fixed assets | 28 | €4,535 | €4,610 | +€75 | +1.7% |
| Current assets | 29/58 | €250,143 | €315,166 | +€65,023 | +26.0% |
| Amounts receivable within one year | 40/41 | €231,827 | €272,511 | +€40,683 | +17.5% |
| Trade receivables | 40 | €177,006 | €122,923 | -€54,082 | -30.6% |
| Other amounts receivable | 41 | €54,821 | €149,587 | +€94,766 | +173% |
| Cash at bank and in hand | 54/58 | €2,698 | €29,083 | +€26,385 | +978% |
| Deferred charges and accrued income | 490/1 | €15,618 | €13,573 | -€2,046 | -13.1% |
| Total equity and liabilities | 10/49 | €259,469 | €336,362 | +€76,894 | +29.6% |
| Equity | 10/15 | -€264,060 | -€256,073 | +€7,986 | +3.0% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €1,900 | €0 | -€1,900 | -100% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €1,900 | €0 | -€1,900 | -100% |
| Profit (loss) carried forward | 14 | -€305,960 | -€296,073 | +€9,886 | +3.2% |
| Amounts payable | 17/49 | €523,529 | €592,436 | +€68,907 | +13.2% |
| Amounts payable after more than one year | 17 | €6,667 | €1,945 | -€4,722 | -70.8% |
| Financial debts | 170/4 | €6,667 | €1,945 | -€4,722 | -70.8% |
| Amounts payable within one year | 42/48 | €502,649 | €579,187 | +€76,538 | +15.2% |
| Current portion of amounts payable after more than one year | 42 | €20,000 | €23,333 | +€3,333 | +16.7% |
| Financial debts | 43 | €50,836 | €48,750 | -€2,086 | -4.1% |
| Credit institutions | 430/8 | €50,836 | €48,750 | -€2,086 | -4.1% |
| Trade debts | 44 | €127,562 | €103,792 | -€23,771 | -18.6% |
| Suppliers | 440/4 | €127,562 | €103,792 | -€23,771 | -18.6% |
| Taxes, remuneration and social security | 45 | €304,250 | €403,312 | +€99,062 | +32.6% |
| Taxes | 450/3 | €125,144 | €157,683 | +€32,539 | +26.0% |
| Remuneration and social security | 454/9 | €179,107 | €245,630 | +€66,523 | +37.1% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €14,213 | €11,304 | -€2,909 | -20.5% |
| Remuneration, social security and pensions | 62 | €394,042 | €383,053 | -€10,988 | -2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,664 | €4,104 | +€1,440 | +54.0% |
| Other operating charges | 640/8 | €78,509 | €91,082 | +€12,573 | +16.0% |
| Gross operating margin | 9900 | €506,202 | €506,929 | +€727 | +0.1% |
| Operating profit (loss) | 9901 | €30,987 | €28,689 | -€2,298 | -7.4% |
| Financial income | 75/76B | €1,353 | €6,745 | +€5,392 | +398% |
| Recurring financial income | 75 | €1,353 | €6,745 | +€5,392 | +398% |
| Financial charges | 65/66B | €42,577 | €27,439 | -€15,138 | -35.6% |
| Recurring financial charges | 65 | €42,577 | €27,439 | -€15,138 | -35.6% |
| Profit (loss) for the period before taxes | 9903 | -€10,237 | €7,995 | +€18,231 | |
| Income taxes | 67/77 | €4 | €8 | +€4 | +118% |
| Profit (loss) for the period | 9904 | -€10,240 | €7,986 | +€18,227 | |
| Profit (loss) for the period to be appropriated | 9905 | -€10,240 | €7,986 | +€18,227 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.