BELIX 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.
BELIX GROUP
Largest movements
- Receivables within one year -€5,183
down €5,183 (-54.2%), from €9,570 to €4,387
of which Trade receivables: -€7,181
- Cash -€348
down €348 (-86.1%), from €405 to €56
mainly Net result for the year (-€3,170) and Trade debts (-€1,239)
- Profit (loss) carried forward -€3,170
down €3,170 (-43.7%), from €7,256 to €4,085
- Trade debts -€1,239
down €1,239 (-77.6%), from €1,597 to €358
- Other debts -€1,122
no longer reported in 2024 (was €1,122)
- Gross operating margin -€11,287
down €11,287, from €8,306 to -€2,981
- Depreciation -€1,050
no longer reported in 2024 (was €1,050)
- Financial charges +€189
up €189 (+126,280%), from €0 to €190
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 | €9,975 | €4,443 | -€5,532 | -55.5% |
| Current assets | 29/58 | €9,975 | €4,443 | -€5,532 | -55.5% |
| Amounts receivable within one year | 40/41 | €9,570 | €4,387 | -€5,183 | -54.2% |
| Trade receivables | 40 | €8,332 | €1,151 | -€7,181 | -86.2% |
| Other amounts receivable | 41 | €1,239 | €3,236 | +€1,998 | +161% |
| Cash at bank and in hand | 54/58 | €405 | €56 | -€348 | -86.1% |
| Total equity and liabilities | 10/49 | €9,975 | €4,443 | -€5,532 | -55.5% |
| Equity | 10/15 | €7,256 | €4,085 | -€3,170 | -43.7% |
| Profit (loss) carried forward | 14 | €7,256 | €4,085 | -€3,170 | -43.7% |
| Amounts payable | 17/49 | €2,719 | €358 | -€2,362 | -86.8% |
| Amounts payable within one year | 42/48 | €2,719 | €358 | -€2,362 | -86.8% |
| Trade debts | 44 | €1,597 | €358 | -€1,239 | -77.6% |
| Suppliers | 440/4 | €1,597 | €358 | -€1,239 | -77.6% |
| Other amounts payable | 47/48 | €1,122 | - | -€1,122 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,050 | - | -€1,050 | |
| Gross operating margin | 9900 | €8,306 | -€2,981 | -€11,287 | |
| Operating profit (loss) | 9901 | €7,256 | -€2,981 | -€10,237 | |
| Financial charges | 65/66B | €0 | €190 | +€189 | +126,280% |
| Recurring financial charges | 65 | €0 | €190 | +€189 | +126,280% |
| Profit (loss) for the period before taxes | 9903 | €7,256 | -€3,170 | -€10,426 | |
| Profit (loss) for the period | 9904 | €7,256 | -€3,170 | -€10,426 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,256 | -€3,170 | -€10,426 |
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 19 October 2026 via checked.be.