BELISOLIEGE SRL: 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.
BELISOLIEGE SRL
Largest movements
- Cash +€118,078
up €118,078 (+111%), from €106,213 to €224,291
mainly Net result for the year (+€101,494) and Depreciation (+€72,828)
- Receivables within one year +€61,359
up €61,359 (+85.7%), from €71,582 to €132,941
of which Trade receivables: +€38,140
- Tangible fixed assets -€47,764
down €47,764 (-20.5%), from €232,492 to €184,728
of which Other tangible fixed assets: -€50,000
- Stocks and contracts +€30,596
up €30,596 (+96.5%), from €31,694 to €62,290
- Intangible fixed assets -€20,000
down €20,000 (-10.6%), from €188,712 to €168,712
- Profit (loss) carried forward +€101,494
up €101,494 (+401%), from €25,284 to €126,778
- Trade debts +€59,748
up €59,748 (+367%), from €16,271 to €76,019
- Advances received -€22,647
down €22,647 (-47.0%), from €48,232 to €25,585
- Gross operating margin +€346,404
up €346,404 (+152%), from €228,086 to €574,491
- Staff costs +€199,642
up €199,642 (+126%), from €158,505 to €358,147
- Depreciation +€33,902
up €33,902 (+87.1%), from €38,926 to €72,828
- Taxes +€24,813
up €24,813 (+315%), from €7,887 to €32,700
- Other operating charges +€9,113
up €9,113 (+869%), from €1,049 to €10,161
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €645,431 | €787,816 | +€142,385 | +22.1% |
| Fixed assets | 21/28 | €431,404 | €363,640 | -€67,764 | -15.7% |
| Intangible fixed assets | 21 | €188,712 | €168,712 | -€20,000 | -10.6% |
| Tangible fixed assets | 22/27 | €232,492 | €184,728 | -€47,764 | -20.5% |
| Plant, machinery and equipment | 23 | €9,889 | €10,762 | +€873 | +8.8% |
| Furniture and vehicles | 24 | - | €1,363 | +€1,363 | |
| Other tangible fixed assets | 26 | €222,603 | €172,603 | -€50,000 | -22.5% |
| Financial fixed assets | 28 | €10,200 | €10,200 | = | 0.0% |
| Current assets | 29/58 | €214,027 | €424,176 | +€210,149 | +98.2% |
| Stocks and contracts in progress | 3 | €31,694 | €62,290 | +€30,596 | +96.5% |
| Stocks | 30/36 | €31,694 | €62,290 | +€30,596 | +96.5% |
| Amounts receivable within one year | 40/41 | €71,582 | €132,941 | +€61,359 | +85.7% |
| Trade receivables | 40 | €70,853 | €108,993 | +€38,140 | +53.8% |
| Other amounts receivable | 41 | €729 | €23,948 | +€23,219 | +3,184% |
| Cash at bank and in hand | 54/58 | €106,213 | €224,291 | +€118,078 | +111% |
| Deferred charges and accrued income | 490/1 | €4,538 | €4,654 | +€116 | +2.6% |
| Total equity and liabilities | 10/49 | €645,431 | €787,816 | +€142,385 | +22.1% |
| Equity | 10/15 | €75,284 | €176,778 | +€101,494 | +135% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €25,284 | €126,778 | +€101,494 | +401% |
| Amounts payable | 17/49 | €570,147 | €611,038 | +€40,891 | +7.2% |
| Amounts payable after more than one year | 17 | €250,000 | €250,000 | = | 0.0% |
| Financial debts | 170/4 | €250,000 | €250,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €319,774 | €361,038 | +€41,264 | +12.9% |
| Trade debts | 44 | €16,271 | €76,019 | +€59,748 | +367% |
| Suppliers | 440/4 | €16,271 | €76,019 | +€59,748 | +367% |
| Advances received on contracts in progress | 46 | €48,232 | €25,585 | -€22,647 | -47.0% |
| Taxes, remuneration and social security | 45 | €53,401 | €56,834 | +€3,433 | +6.4% |
| Taxes | 450/3 | €19,450 | €18,030 | -€1,420 | -7.3% |
| Remuneration and social security | 454/9 | €33,951 | €38,803 | +€4,852 | +14.3% |
| Other amounts payable | 47/48 | €201,871 | €202,601 | +€730 | +0.4% |
| Accrued charges and deferred income | 492/3 | €373 | - | -€373 | |
| Remuneration, social security and pensions | 62 | €158,505 | €358,147 | +€199,642 | +126% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €38,926 | €72,828 | +€33,902 | +87.1% |
| Other operating charges | 640/8 | €1,049 | €10,161 | +€9,113 | +869% |
| Gross operating margin | 9900 | €228,086 | €574,491 | +€346,404 | +152% |
| Operating profit (loss) | 9901 | €29,606 | €133,354 | +€103,747 | +350% |
| Financial income | 75/76B | €4,488 | €975 | -€3,514 | -78.3% |
| Recurring financial income | 75 | €4,488 | €975 | -€3,514 | -78.3% |
| Financial charges | 65/66B | €924 | €134 | -€790 | -85.5% |
| Recurring financial charges | 65 | €924 | €134 | -€790 | -85.5% |
| Profit (loss) for the period before taxes | 9903 | €33,171 | €134,194 | +€101,024 | +305% |
| Income taxes | 67/77 | €7,887 | €32,700 | +€24,813 | +315% |
| Profit (loss) for the period | 9904 | €25,284 | €101,494 | +€76,211 | +301% |
| Profit (loss) for the period to be appropriated | 9905 | €25,284 | €101,494 | +€76,211 | +301% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.