BELIPARK: 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.
BELIPARK
Largest movements
- Stocks and contracts -€255,496
down €255,496 (-10.5%), from €2.4m to €2.2m
- Short-term financial debts -€442,500
down €442,500 (-26.6%), from €1.7m to €1.2m
- Other debts +€121,800
up €121,800 (+29.1%), from €418,181 to €539,981
- Profit (loss) carried forward +€58,490
up €58,490 (+41.9%), from -€139,709 to -€81,220
- Gross operating margin +€145,963
up €145,963, from -€285 to €145,677
- Financial charges -€7,175
down €7,175 (-7.7%), from €93,124 to €85,949
- Other operating charges -€3,798
down €3,798 (-75.4%), from €5,037 to €1,239
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 | €2,439,175 | €2,182,902 | -€256,272 | -10.5% |
| Current assets | 29/58 | €2,439,175 | €2,182,902 | -€256,272 | -10.5% |
| Stocks and contracts in progress | 3 | €2,438,168 | €2,182,672 | -€255,496 | -10.5% |
| Stocks | 30/36 | €2,438,168 | €2,182,672 | -€255,496 | -10.5% |
| Cash at bank and in hand | 54/58 | €1,007 | €231 | -€776 | -77.1% |
| Total equity and liabilities | 10/49 | €2,439,175 | €2,182,902 | -€256,272 | -10.5% |
| Equity | 10/15 | €360,494 | €418,984 | +€58,490 | +16.2% |
| Contributions | 10/11 | €500,000 | €500,000 | = | 0.0% |
| Capital | 10 | €500,000 | €500,000 | = | 0.0% |
| Issued capital | 100 | €500,000 | €500,000 | = | 0.0% |
| Reserves | 13 | €204 | €204 | = | 0.0% |
| Distributable reserves | 133 | €204 | €204 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€139,709 | -€81,220 | +€58,490 | +41.9% |
| Amounts payable | 17/49 | €2,078,681 | €1,763,918 | -€314,762 | -15.1% |
| Amounts payable within one year | 42/48 | €2,078,681 | €1,760,081 | -€318,600 | -15.3% |
| Financial debts | 43 | €1,660,500 | €1,218,000 | -€442,500 | -26.6% |
| Credit institutions | 430/8 | €1,660,500 | €1,218,000 | -€442,500 | -26.6% |
| Advances received on contracts in progress | 46 | - | €2,100 | +€2,100 | |
| Other amounts payable | 47/48 | €418,181 | €539,981 | +€121,800 | +29.1% |
| Accrued charges and deferred income | 492/3 | - | €3,838 | +€3,838 | |
| Other operating charges | 640/8 | €5,037 | €1,239 | -€3,798 | -75.4% |
| Gross operating margin | 9900 | -€285 | €145,677 | +€145,963 | |
| Operating profit (loss) | 9901 | -€5,322 | €144,439 | +€149,761 | |
| Financial charges | 65/66B | €93,124 | €85,949 | -€7,175 | -7.7% |
| Recurring financial charges | 65 | €93,124 | €85,949 | -€7,175 | -7.7% |
| Profit (loss) for the period before taxes | 9903 | -€98,446 | €58,490 | +€156,936 | |
| Profit (loss) for the period | 9904 | -€98,446 | €58,490 | +€156,936 | |
| Profit (loss) for the period to be appropriated | 9905 | -€98,446 | €58,490 | +€156,936 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.