BELISIA: 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.
BELISIA
Largest movements
- Cash -€2,880
down €2,880 (-27.1%), from €10,627 to €7,747
mainly Net result for the year (-€2,769) and Receivables within one year (-€274)
- Receivables within one year +€274
up €274 (+47.0%), from €584 to €858
- Deferred charges and accrued income -€213
no longer reported in 2025 (was €213)
- Profit (loss) carried forward -€2,769
down €2,769 (-4.0%), from -€68,704 to -€71,474
- Gross operating margin +€345
up €345 (+12.6%), from -€2,737 to -€2,391
- Financial charges +€66
up €66 (+44.2%), from €150 to €216
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 | €11,424 | €8,605 | -€2,819 | -24.7% |
| Current assets | 29/58 | €11,424 | €8,605 | -€2,819 | -24.7% |
| Amounts receivable within one year | 40/41 | €584 | €858 | +€274 | +47.0% |
| Other amounts receivable | 41 | €584 | €858 | +€274 | +47.0% |
| Cash at bank and in hand | 54/58 | €10,627 | €7,747 | -€2,880 | -27.1% |
| Deferred charges and accrued income | 490/1 | €213 | - | -€213 | |
| Total equity and liabilities | 10/49 | €11,424 | €8,605 | -€2,819 | -24.7% |
| Equity | 10/15 | -€48,244 | -€51,014 | -€2,769 | -5.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€68,704 | -€71,474 | -€2,769 | -4.0% |
| Amounts payable | 17/49 | €59,668 | €59,618 | -€50 | -0.1% |
| Amounts payable within one year | 42/48 | €59,583 | €59,618 | +€35 | +0.1% |
| Trade debts | 44 | €162 | €197 | +€35 | +21.8% |
| Suppliers | 440/4 | €162 | €197 | +€35 | +21.8% |
| Other amounts payable | 47/48 | €59,421 | €59,421 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €85 | - | -€85 | |
| Other operating charges | 640/8 | €162 | €162 | = | 0.0% |
| Gross operating margin | 9900 | -€2,737 | -€2,391 | +€345 | +12.6% |
| Operating profit (loss) | 9901 | -€2,899 | -€2,553 | +€345 | +11.9% |
| Financial charges | 65/66B | €150 | €216 | +€66 | +44.2% |
| Recurring financial charges | 65 | €150 | €216 | +€66 | +44.2% |
| Profit (loss) for the period before taxes | 9903 | -€3,049 | -€2,769 | +€279 | +9.2% |
| Profit (loss) for the period | 9904 | -€3,049 | -€2,769 | +€279 | +9.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,049 | -€2,769 | +€279 | +9.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.