BELINBEN: 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.
BELINBEN
Largest movements
- Tangible fixed assets -€11,583
down €11,583 (-18.0%), from €64,296 to €52,712
of which Land and buildings: -€11,583
- Reserves -€8,091
down €8,091 (-49.8%), from €16,251 to €8,160
of which Distributable reserves: -€5,116
- Other debts -€2,500
down €2,500 (-6.1%), from €41,029 to €38,529
- Provisions -€1,532
down €1,532 (-50.0%), from €3,064 to €1,532
- Trade debts +€1,002
new in 2025: €1,002
- Gross operating margin +€2,186
up €2,186 (+130%), from €1,679 to €3,865
- Other operating charges +€59
up €59 (+3.2%), from €1,821 to €1,880
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 | €66,926 | €55,816 | -€11,110 | -16.6% |
| Fixed assets | 21/28 | €64,296 | €52,712 | -€11,583 | -18.0% |
| Tangible fixed assets | 22/27 | €64,296 | €52,712 | -€11,583 | -18.0% |
| Land and buildings | 22 | €64,296 | €52,712 | -€11,583 | -18.0% |
| Assets under construction and advance payments | 27 | €0 | - | = | |
| Current assets | 29/58 | €2,630 | €3,104 | +€474 | +18.0% |
| Amounts receivable within one year | 40/41 | €16 | €256 | +€240 | +1,507% |
| Trade receivables | 40 | €16 | €256 | +€240 | +1,507% |
| Cash at bank and in hand | 54/58 | €1,633 | €1,206 | -€427 | -26.1% |
| Deferred charges and accrued income | 490/1 | €981 | €1,642 | +€660 | +67.3% |
| Total equity and liabilities | 10/49 | €66,926 | €55,816 | -€11,110 | -16.6% |
| Equity | 10/15 | €22,448 | €14,357 | -€8,091 | -36.0% |
| Contributions | 10/11 | €6,197 | €6,197 | = | 0.0% |
| Reserves | 13 | €16,251 | €8,160 | -€8,091 | -49.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €5,950 | €2,975 | -€2,975 | -50.0% |
| Distributable reserves | 133 | €10,301 | €5,185 | -€5,116 | -49.7% |
| Provisions and deferred taxes | 16 | €3,064 | €1,532 | -€1,532 | -50.0% |
| Deferred taxes | 168 | €3,064 | €1,532 | -€1,532 | -50.0% |
| Amounts payable | 17/49 | €41,414 | €39,927 | -€1,487 | -3.6% |
| Amounts payable within one year | 42/48 | €41,029 | €39,531 | -€1,498 | -3.7% |
| Trade debts | 44 | - | €1,002 | +€1,002 | |
| Suppliers | 440/4 | - | €1,002 | +€1,002 | |
| Other amounts payable | 47/48 | €41,029 | €38,529 | -€2,500 | -6.1% |
| Accrued charges and deferred income | 492/3 | €385 | €396 | +€11 | +2.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,583 | €11,583 | = | 0.0% |
| Other operating charges | 640/8 | €1,821 | €1,880 | +€59 | +3.2% |
| Gross operating margin | 9900 | €1,679 | €3,865 | +€2,186 | +130% |
| Operating profit (loss) | 9901 | -€11,726 | -€9,599 | +€2,127 | +18.1% |
| Financial charges | 65/66B | €24 | €24 | = | 0.0% |
| Recurring financial charges | 65 | €24 | €24 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€11,750 | -€9,623 | +€2,127 | +18.1% |
| Transfer from deferred taxes | 780 | €1,532 | €1,532 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€10,218 | -€8,091 | +€2,127 | +20.8% |
| Transfer from tax-exempt reserves | 789 | €2,975 | €2,975 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,243 | -€5,116 | +€2,127 | +29.4% |
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 14 October 2026 via checked.be.