BELJEKA SYSTEM: 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.
BELJEKA SYSTEM
Largest movements
- Tangible fixed assets -€49,794
down €49,794 (-33.3%), from €149,381 to €99,587
- Receivables within one year +€7,593
up €7,593 (+40.4%), from €18,776 to €26,369
- Profit (loss) carried forward -€20,932
down €20,932, from €7,787 to -€13,145
- Other debts -€15,628
down €15,628 (-10.9%), from €143,609 to €127,981
- Tax, wage and social debts -€8,937
no longer reported in 2024 (was €8,937)
- Trade debts +€3,074
new in 2024: €3,074
- Gross operating margin -€52,800
down €52,800 (-62.9%), from €84,000 to €31,200
- Other operating charges -€23,017
down €23,017 (-98.2%), from €23,440 to €423
- Taxes +€1,827
new in 2024: €1,827
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.
Cash bridge derived
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 | €168,393 | €125,970 | -€42,423 | -25.2% |
| Fixed assets | 21/28 | €149,381 | €99,587 | -€49,794 | -33.3% |
| Tangible fixed assets | 22/27 | €149,381 | €99,587 | -€49,794 | -33.3% |
| Furniture and vehicles | 24 | €149,381 | €99,587 | -€49,794 | -33.3% |
| Current assets | 29/58 | €19,012 | €26,383 | +€7,371 | +38.8% |
| Amounts receivable within one year | 40/41 | €18,776 | €26,369 | +€7,593 | +40.4% |
| Other amounts receivable | 41 | €18,776 | €26,369 | +€7,593 | +40.4% |
| Cash at bank and in hand | 54/58 | €236 | €14 | -€222 | -94.1% |
| Total equity and liabilities | 10/49 | €168,393 | €125,970 | -€42,423 | -25.2% |
| Equity | 10/15 | €15,847 | -€5,085 | -€20,932 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Capital | 10 | €6,200 | - | -€6,200 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Uncalled capital | 101 | €12,400 | - | -€12,400 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €7,787 | -€13,145 | -€20,932 | |
| Amounts payable | 17/49 | €152,546 | €131,055 | -€21,491 | -14.1% |
| Amounts payable within one year | 42/48 | €152,546 | €131,055 | -€21,491 | -14.1% |
| Trade debts | 44 | - | €3,074 | +€3,074 | |
| Suppliers | 440/4 | - | €3,074 | +€3,074 | |
| Taxes, remuneration and social security | 45 | €8,937 | - | -€8,937 | |
| Taxes | 450/3 | €8,937 | - | -€8,937 | |
| Other amounts payable | 47/48 | €143,609 | €127,981 | -€15,628 | -10.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,794 | €49,794 | = | 0.0% |
| Other operating charges | 640/8 | €23,440 | €423 | -€23,017 | -98.2% |
| Gross operating margin | 9900 | €84,000 | €31,200 | -€52,800 | -62.9% |
| Operating profit (loss) | 9901 | €10,766 | -€19,017 | -€29,783 | |
| Financial charges | 65/66B | - | €88 | +€88 | |
| Recurring financial charges | 65 | - | €88 | +€88 | |
| Profit (loss) for the period before taxes | 9903 | €10,766 | -€19,105 | -€29,871 | |
| Income taxes | 67/77 | - | €1,827 | +€1,827 | |
| Profit (loss) for the period | 9904 | €10,766 | -€20,932 | -€31,698 | |
| Profit (loss) for the period to be appropriated | 9905 | €10,766 | -€20,932 | -€31,698 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.