BELITE: 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.
BELITE
Largest movements
- Tangible fixed assets -€10,873
down €10,873 (-11.3%), from €96,555 to €85,682
of which Land and buildings: -€10,873
- Receivables within one year +€8,217
up €8,217 (+229.4%), from €3,582 to €11,799
- Profit (loss) carried forward -€2,587
down €2,587 (-2.7%), from €95,836 to €93,249
- Depreciation -€875
down €875 (-7.4%), from €11,748 to €10,873
- Gross operating margin +€808
up €808 (+7.8%), from €10,378 to €11,186
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 | €157,643 | €154,599 | -€3,044 | -1.9% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €96,666 | €85,793 | -€10,873 | -11.2% |
| Tangible fixed assets | 22/27 | €96,555 | €85,682 | -€10,873 | -11.3% |
| Land and buildings | 22 | €96,555 | €85,682 | -€10,873 | -11.3% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Financial fixed assets | 28 | €111 | €111 | = | 0.0% |
| Current assets | 29/58 | €60,977 | €68,806 | +€7,829 | +12.8% |
| Amounts receivable after more than one year | 29 | €47,000 | €47,000 | = | 0.0% |
| Other amounts receivable | 291 | €47,000 | €47,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €3,582 | €11,799 | +€8,217 | +229.4% |
| Other amounts receivable | 41 | €3,582 | €11,799 | +€8,217 | +229.4% |
| Cash at bank and in hand | 54/58 | €20 | €7 | -€13 | -63.2% |
| Deferred charges and accrued income | 490/1 | €10,375 | €10,000 | -€375 | -3.6% |
| Total equity and liabilities | 10/49 | €157,643 | €154,599 | -€3,044 | -1.9% |
| Equity | 10/15 | €157,186 | €154,599 | -€2,587 | -1.6% |
| Contributions | 10/11 | €50,702 | €50,702 | = | 0.0% |
| Revaluation surpluses | 12 | €5,578 | €5,578 | = | 0.0% |
| Reserves | 13 | €5,070 | €5,070 | = | 0.0% |
| Non-distributable reserves | 130/1 | €5,070 | €5,070 | = | 0.0% |
| Reserves not available under the articles | 1311 | €5,070 | €5,070 | = | 0.0% |
| Profit (loss) carried forward | 14 | €95,836 | €93,249 | -€2,587 | -2.7% |
| Amounts payable | 17/49 | €457 | - | -€457 | |
| Amounts payable within one year | 42/48 | €457 | - | -€457 | |
| Trade debts | 44 | €457 | - | -€457 | |
| Suppliers | 440/4 | €457 | - | -€457 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,748 | €10,873 | -€875 | -7.4% |
| Other operating charges | 640/8 | €2,727 | €2,811 | +€84 | +3.1% |
| Gross operating margin | 9900 | €10,378 | €11,186 | +€808 | +7.8% |
| Operating profit (loss) | 9901 | -€4,097 | -€2,498 | +€1,599 | +39.0% |
| Financial charges | 65/66B | €18 | €89 | +€71 | +408.0% |
| Recurring financial charges | 65 | €18 | €89 | +€71 | +408.0% |
| Profit (loss) for the period before taxes | 9903 | -€4,115 | -€2,587 | +€1,528 | +37.1% |
| Profit (loss) for the period | 9904 | -€4,115 | -€2,587 | +€1,528 | +37.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,115 | -€2,587 | +€1,528 | +37.1% |
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 11 October 2026 via checked.be.