BELISSIMI GROUP: 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.
BELISSIMI GROUP
Largest movements
- Receivables within one year -€21,073
down €21,073 (-99.1%), from €21,273 to €200
of which Trade receivables: -€21,273
- Cash +€15,625
up €15,625 (+222,893%), from €7 to €15,632
mainly Receivables within one year (+€21,073) and Tax, wage and social debts (+€8,258)
- Tangible fixed assets +€344
new in 2025: €344
- Other debts -€17,776
no longer reported in 2025 (was €17,776)
- Tax, wage and social debts +€8,258
up €8,258 (+178%), from €4,650 to €12,907
- Profit (loss) carried forward +€4,413
up €4,413, from -€2,645 to €1,768
- Gross operating margin +€7,387
up €7,387 (+120%), from €6,180 to €13,568
- Taxes +€4,022
new in 2025: €4,022
- Financial charges +€2,434
up €2,434 (+850%), from €286 to €2,720
- Other operating charges +€2,151
up €2,151 (+1,434%), from €150 to €2,301
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 | €21,280 | €16,175 | -€5,105 | -24.0% |
| Fixed assets | 21/28 | - | €344 | +€344 | |
| Tangible fixed assets | 22/27 | - | €344 | +€344 | |
| Plant, machinery and equipment | 23 | - | €344 | +€344 | |
| Current assets | 29/58 | €21,280 | €15,832 | -€5,448 | -25.6% |
| Amounts receivable within one year | 40/41 | €21,273 | €200 | -€21,073 | -99.1% |
| Trade receivables | 40 | €21,273 | - | -€21,273 | |
| Other amounts receivable | 41 | - | €200 | +€200 | |
| Cash at bank and in hand | 54/58 | €7 | €15,632 | +€15,625 | +222,893% |
| Total equity and liabilities | 10/49 | €21,280 | €16,175 | -€5,105 | -24.0% |
| Equity | 10/15 | -€1,645 | €2,768 | +€4,413 | |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,645 | €1,768 | +€4,413 | |
| Amounts payable | 17/49 | €22,925 | €13,407 | -€9,518 | -41.5% |
| Amounts payable within one year | 42/48 | €22,425 | €12,907 | -€9,518 | -42.4% |
| Trade debts | 44 | - | €0 | = | |
| Suppliers | 440/4 | - | €0 | = | |
| Taxes, remuneration and social security | 45 | €4,650 | €12,907 | +€8,258 | +178% |
| Taxes | 450/3 | €4,650 | €12,907 | +€8,258 | +178% |
| Other amounts payable | 47/48 | €17,776 | - | -€17,776 | |
| Accrued charges and deferred income | 492/3 | €500 | €500 | = | 0.0% |
| Remuneration, social security and pensions | 62 | - | €58 | +€58 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €52 | +€52 | |
| Other operating charges | 640/8 | €150 | €2,301 | +€2,151 | +1,434% |
| Gross operating margin | 9900 | €6,180 | €13,568 | +€7,387 | +120% |
| Operating profit (loss) | 9901 | €6,030 | €11,156 | +€5,125 | +85.0% |
| Financial charges | 65/66B | €286 | €2,720 | +€2,434 | +850% |
| Recurring financial charges | 65 | €286 | €2,720 | +€2,434 | +850% |
| Profit (loss) for the period before taxes | 9903 | €5,744 | €8,436 | +€2,692 | +46.9% |
| Income taxes | 67/77 | - | €4,022 | +€4,022 | |
| Profit (loss) for the period | 9904 | €5,744 | €4,413 | -€1,331 | -23.2% |
| Profit (loss) for the period to be appropriated | 9905 | €5,744 | €4,413 | -€1,331 | -23.2% |
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 21 October 2026 via checked.be.