Belights: 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.
Belights
Largest movements
- Receivables within one year -€1,450
down €1,450 (-5.2%), from €27,623 to €26,173
- Profit (loss) carried forward -€1,636
down €1,636 (-33.5%), from €4,886 to €3,249
- Gross operating margin -€133
down €133 (-19.2%), from -€694 to -€827
- Other operating charges +€126
up €126 (+19.8%), from €638 to €764
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 | €27,713 | €26,220 | -€1,493 | -5.4% |
| Current assets | 29/58 | €27,713 | €26,220 | -€1,493 | -5.4% |
| Amounts receivable within one year | 40/41 | €27,623 | €26,173 | -€1,450 | -5.2% |
| Other amounts receivable | 41 | €27,623 | €26,173 | -€1,450 | -5.2% |
| Cash at bank and in hand | 54/58 | €91 | €48 | -€43 | -47.4% |
| Total equity and liabilities | 10/49 | €27,713 | €26,220 | -€1,493 | -5.4% |
| Equity | 10/15 | €26,717 | €25,081 | -€1,636 | -6.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,832 | €1,832 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,832 | €1,832 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,832 | €1,832 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,886 | €3,249 | -€1,636 | -33.5% |
| Amounts payable | 17/49 | €996 | €1,139 | +€143 | +14.4% |
| Amounts payable within one year | 42/48 | €996 | €1,139 | +€143 | +14.4% |
| Trade debts | 44 | €996 | €1,139 | +€143 | +14.4% |
| Suppliers | 440/4 | €996 | €1,139 | +€143 | +14.4% |
| Other operating charges | 640/8 | €638 | €764 | +€126 | +19.8% |
| Gross operating margin | 9900 | -€694 | -€827 | -€133 | -19.2% |
| Operating profit (loss) | 9901 | -€1,332 | -€1,591 | -€259 | -19.5% |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €52 | €45 | -€7 | -13.9% |
| Recurring financial charges | 65 | €52 | €45 | -€7 | -13.9% |
| Profit (loss) for the period before taxes | 9903 | -€1,384 | -€1,636 | -€253 | -18.3% |
| Profit (loss) for the period | 9904 | -€1,384 | -€1,636 | -€253 | -18.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,384 | -€1,636 | -€253 | -18.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.