BeLitCo: 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.
BeLitCo
Largest movements
- Cash -€28,393
down €28,393 (-87.2%), from €32,551 to €4,158
mainly Net result for the year (-€25,753) and Stocks and contracts (-€7,858)
- Stocks and contracts +€7,858
up €7,858 (+29.3%), from €26,838 to €34,696
of which Contracts in progress: +€7,290
- Receivables within one year -€7,166
down €7,166 (-28.2%), from €25,435 to €18,269
of which Other amounts receivable: -€8,446
- Profit (loss) carried forward -€25,753
down €25,753 (-58.7%), from €43,856 to €18,103
- Trade debts +€7,714
up €7,714 (+498.5%), from €1,548 to €9,261
- Tax, wage and social debts -€7,500
down €7,500 (-70.6%), from €10,625 to €3,125
of which Remuneration and social security: -€7,500
- Advances received -€2,650
no longer reported in 2025 (was €2,650)
- Gross operating margin -€41,986
down €41,986, from €16,752 to -€25,234
- Other operating charges -€5,257
down €5,257 (-67.9%), from €7,746 to €2,488
- Taxes -€2,234
no longer reported in 2025 (was €2,234)
- Financial income +€854
up €854 (+26.2%), from €3,256 to €4,110
- Financial charges +€369
up €369 (+142.8%), from €259 to €628
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 | €87,618 | €59,448 | -€28,170 | -32.2% |
| Fixed assets | 21/28 | €2,793 | €2,325 | -€468 | -16.8% |
| Tangible fixed assets | 22/27 | €2,793 | €2,325 | -€468 | -16.8% |
| Plant, machinery and equipment | 23 | €1,584 | €1,020 | -€563 | -35.6% |
| Furniture and vehicles | 24 | €1,209 | €1,305 | +€95 | +7.9% |
| Current assets | 29/58 | €84,825 | €57,123 | -€27,702 | -32.7% |
| Stocks and contracts in progress | 3 | €26,838 | €34,696 | +€7,858 | +29.3% |
| Stocks | 30/36 | €10,941 | €11,508 | +€568 | +5.2% |
| Contracts in progress | 37 | €15,898 | €23,188 | +€7,290 | +45.9% |
| Amounts receivable within one year | 40/41 | €25,435 | €18,269 | -€7,166 | -28.2% |
| Trade receivables | 40 | - | €1,280 | +€1,280 | |
| Other amounts receivable | 41 | €25,435 | €16,989 | -€8,446 | -33.2% |
| Cash at bank and in hand | 54/58 | €32,551 | €4,158 | -€28,393 | -87.2% |
| Total equity and liabilities | 10/49 | €87,618 | €59,448 | -€28,170 | -32.2% |
| Equity | 10/15 | €65,856 | €40,103 | -€25,753 | -39.1% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Outside capital | 11 | €20,000 | €20,000 | = | 0.0% |
| Other | 1109/19 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €43,856 | €18,103 | -€25,753 | -58.7% |
| Amounts payable | 17/49 | €21,762 | €19,345 | -€2,417 | -11.1% |
| Amounts payable within one year | 42/48 | €21,762 | €19,345 | -€2,417 | -11.1% |
| Trade debts | 44 | €1,548 | €9,261 | +€7,714 | +498.5% |
| Suppliers | 440/4 | €1,548 | €9,261 | +€7,714 | +498.5% |
| Advances received on contracts in progress | 46 | €2,650 | - | -€2,650 | |
| Taxes, remuneration and social security | 45 | €10,625 | €3,125 | -€7,500 | -70.6% |
| Taxes | 450/3 | €3,125 | €3,125 | = | 0.0% |
| Remuneration and social security | 454/9 | €7,500 | - | -€7,500 | |
| Other amounts payable | 47/48 | €6,940 | €6,959 | +€19 | +0.3% |
| Remuneration, social security and pensions | 62 | - | €115 | +€115 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,549 | €1,397 | -€152 | -9.8% |
| Other operating charges | 640/8 | €7,746 | €2,488 | -€5,257 | -67.9% |
| Gross operating margin | 9900 | €16,752 | -€25,234 | -€41,986 | |
| Operating profit (loss) | 9901 | €7,457 | -€29,235 | -€36,692 | |
| Financial income | 75/76B | €3,256 | €4,110 | +€854 | +26.2% |
| Recurring financial income | 75 | €3,256 | €4,110 | +€854 | +26.2% |
| Financial charges | 65/66B | €259 | €628 | +€369 | +142.8% |
| Recurring financial charges | 65 | €259 | €628 | +€369 | +142.8% |
| Profit (loss) for the period before taxes | 9903 | €10,454 | -€25,753 | -€36,207 | |
| Income taxes | 67/77 | €2,234 | - | -€2,234 | |
| Profit (loss) for the period | 9904 | €8,221 | -€25,753 | -€33,973 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,221 | -€25,753 | -€33,973 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.