Belivi'IN: 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.
Belivi'IN
Largest movements
- Current investments +€17,500
new in 2025: €17,500
- Cash -€12,245
down €12,245 (-76.3%), from €16,045 to €3,800
mainly Current investments (-€17,500) and Contributions, distributions and other (-€12,000)
- Receivables within one year +€7,891
up €7,891 (+162%), from €4,868 to €12,759
of which Trade receivables: +€6,672
- Tangible fixed assets +€1,611
up €1,611 (+220%), from €734 to €2,345
of which Other tangible fixed assets: +€2,098
- Other debts +€12,000
up €12,000, from €0 to €12,000
- Trade debts +€2,443
up €2,443 (+924%), from €264 to €2,707
- Tax, wage and social debts +€372
up €372 (+16.3%), from €2,283 to €2,656
- Gross operating margin +€6,424
up €6,424 (+54.7%), from €11,754 to €18,178
- Taxes +€2,527
up €2,527 (+111%), from €2,283 to €4,810
- Other operating charges -€699
down €699 (-100%), from €699 to €0
- Depreciation -€583
down €583 (-49.2%), from €1,185 to €601
- Financial charges +€578
up €578 (+233%), from €247 to €825
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 | €21,864 | €36,798 | +€14,934 | +68.3% |
| Fixed assets | 21/28 | €734 | €2,345 | +€1,611 | +220% |
| Tangible fixed assets | 22/27 | €734 | €2,345 | +€1,611 | +220% |
| Plant, machinery and equipment | 23 | €734 | €247 | -€487 | -66.3% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Other tangible fixed assets | 26 | - | €2,098 | +€2,098 | |
| Current assets | 29/58 | €21,130 | €34,453 | +€13,322 | +63.0% |
| Amounts receivable within one year | 40/41 | €4,868 | €12,759 | +€7,891 | +162% |
| Trade receivables | 40 | - | €6,672 | +€6,672 | |
| Other amounts receivable | 41 | €4,868 | €6,088 | +€1,219 | +25.0% |
| Current investments | 50/53 | - | €17,500 | +€17,500 | |
| Cash at bank and in hand | 54/58 | €16,045 | €3,800 | -€12,245 | -76.3% |
| Deferred charges and accrued income | 490/1 | €217 | €393 | +€176 | +81.4% |
| Total equity and liabilities | 10/49 | €21,864 | €36,798 | +€14,934 | +68.3% |
| Equity | 10/15 | €19,236 | €19,435 | +€199 | +1.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €636 | €835 | +€199 | +31.3% |
| Distributable reserves | 133 | €636 | €835 | +€199 | +31.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €2,628 | €17,363 | +€14,735 | +561% |
| Amounts payable within one year | 42/48 | €2,548 | €17,363 | +€14,815 | +582% |
| Trade debts | 44 | €264 | €2,707 | +€2,443 | +924% |
| Suppliers | 440/4 | €264 | €2,707 | +€2,443 | +924% |
| Taxes, remuneration and social security | 45 | €2,283 | €2,656 | +€372 | +16.3% |
| Taxes | 450/3 | €2,283 | €2,656 | +€372 | +16.3% |
| Other amounts payable | 47/48 | €0 | €12,000 | +€12,000 | |
| Accrued charges and deferred income | 492/3 | €80 | €0 | -€80 | -100% |
| Non-recurring operating income | 76A | €13,581 | €0 | -€13,581 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,185 | €601 | -€583 | -49.2% |
| Other operating charges | 640/8 | €699 | €0 | -€699 | -100% |
| Gross operating margin | 9900 | €11,754 | €18,178 | +€6,424 | +54.7% |
| Operating profit (loss) | 9901 | €9,870 | €17,577 | +€7,706 | +78.1% |
| Financial income | 75/76B | €108 | €258 | +€150 | +139% |
| Recurring financial income | 75 | €108 | €258 | +€150 | +139% |
| Financial charges | 65/66B | €247 | €825 | +€578 | +233% |
| Recurring financial charges | 65 | €247 | €825 | +€578 | +233% |
| Profit (loss) for the period before taxes | 9903 | €9,731 | €17,009 | +€7,278 | +74.8% |
| Income taxes | 67/77 | €2,283 | €4,810 | +€2,527 | +111% |
| Profit (loss) for the period | 9904 | €7,448 | €12,199 | +€4,751 | +63.8% |
| Profit (loss) for the period to be appropriated | 9905 | €7,448 | €12,199 | +€4,751 | +63.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.