BELIK: 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.
BELIK
Largest movements
- Receivables within one year -€3,765
down €3,765 (-4.8%), from €79,131 to €75,366
of which Other amounts receivable: -€2,980
- Tangible fixed assets -€3,287
down €3,287 (-21.1%), from €15,568 to €12,281
- Deferred charges and accrued income -€1,668
down €1,668 (-67.2%), from €2,481 to €813
- Cash -€1,016
down €1,016 (-45.7%), from €2,225 to €1,209
mainly Net result for the year (-€12,959)
- Profit (loss) carried forward -€12,959
down €12,959 (-22.4%), from -€57,978 to -€70,937
- Trade debts +€2,569
up €2,569 (+8858.6%), from €29 to €2,598
- Gross operating margin +€10,666
up €10,666 (+58.3%), from -€18,299 to -€7,633
- Depreciation +€212
up €212 (+6.9%), from €3,074 to €3,286
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 | €101,483 | €91,547 | -€9,936 | -9.8% |
| Fixed assets | 21/28 | €15,917 | €12,430 | -€3,487 | -21.9% |
| Tangible fixed assets | 22/27 | €15,568 | €12,281 | -€3,287 | -21.1% |
| Furniture and vehicles | 24 | €15,568 | €12,281 | -€3,287 | -21.1% |
| Financial fixed assets | 28 | €349 | €149 | -€200 | -57.3% |
| Current assets | 29/58 | €85,566 | €79,117 | -€6,449 | -7.5% |
| Stocks and contracts in progress | 3 | €1,729 | €1,729 | = | 0.0% |
| Stocks | 30/36 | €1,729 | €1,729 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €79,131 | €75,366 | -€3,765 | -4.8% |
| Trade receivables | 40 | €75,944 | €75,159 | -€785 | -1.0% |
| Other amounts receivable | 41 | €3,187 | €207 | -€2,980 | -93.5% |
| Cash at bank and in hand | 54/58 | €2,225 | €1,209 | -€1,016 | -45.7% |
| Deferred charges and accrued income | 490/1 | €2,481 | €813 | -€1,668 | -67.2% |
| Total equity and liabilities | 10/49 | €101,483 | €91,547 | -€9,936 | -9.8% |
| Equity | 10/15 | -€32,527 | -€45,486 | -€12,959 | -39.8% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €6,859 | €6,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Distributable reserves | 133 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€57,978 | -€70,937 | -€12,959 | -22.4% |
| Amounts payable | 17/49 | €134,010 | €137,033 | +€3,023 | +2.3% |
| Amounts payable within one year | 42/48 | €134,010 | €137,033 | +€3,023 | +2.3% |
| Trade debts | 44 | €29 | €2,598 | +€2,569 | +8858.6% |
| Suppliers | 440/4 | €29 | €2,598 | +€2,569 | +8858.6% |
| Taxes, remuneration and social security | 45 | €352 | €420 | +€68 | +19.3% |
| Taxes | 450/3 | €352 | €420 | +€68 | +19.3% |
| Other amounts payable | 47/48 | €133,629 | €134,015 | +€386 | +0.3% |
| Non-recurring operating income | 76A | €1,150 | - | -€1,150 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,074 | €3,286 | +€212 | +6.9% |
| Other operating charges | 640/8 | €1,635 | €1,547 | -€88 | -5.4% |
| Gross operating margin | 9900 | -€18,299 | -€7,633 | +€10,666 | +58.3% |
| Operating profit (loss) | 9901 | -€23,008 | -€12,466 | +€10,542 | +45.8% |
| Financial charges | 65/66B | €64 | €73 | +€9 | +14.1% |
| Recurring financial charges | 65 | €64 | €73 | +€9 | +14.1% |
| Profit (loss) for the period before taxes | 9903 | -€23,072 | -€12,539 | +€10,533 | +45.7% |
| Income taxes | 67/77 | €310 | €420 | +€110 | +35.5% |
| Profit (loss) for the period | 9904 | -€23,382 | -€12,959 | +€10,423 | +44.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€23,382 | -€12,959 | +€10,423 | +44.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.