BELL & CO: 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.
BELL & CO
Largest movements
- Receivables within one year +€5,572
up €5,572 (+14.5%), from €38,507 to €44,080
of which Trade receivables: +€7,491
- Tangible fixed assets -€1,215
down €1,215 (-52.8%), from €2,303 to €1,088
- Cash +€1,159
up €1,159 (+10.5%), from €11,006 to €12,165
mainly Trade debts (+€3,955) and Net result for the year (+€3,231)
- Trade debts +€3,955
up €3,955 (+301.8%), from €1,310 to €5,266
- Profit (loss) carried forward +€3,231
up €3,231 (+3.9%), from -€83,555 to -€80,324
- Tax, wage and social debts -€1,670
down €1,670 (-25.5%), from €6,561 to €4,890
- Purchases and services +€14,730
up €14,730 (+20.3%), from €72,416 to €87,146
- Gross operating margin -€12,611
down €12,611 (-58.6%), from €21,522 to €8,911
- Financial charges +€799
up €799 (+637.3%), from €125 to €925
of which Non-recurring financial charges: +€570
- Other operating charges -€740
no longer reported in 2025 (was €740)
- Depreciation -€258
down €258 (-17.5%), from €1,473 to €1,215
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 | €51,816 | €57,332 | +€5,516 | +10.6% |
| Fixed assets | 21/28 | €2,303 | €1,088 | -€1,215 | -52.8% |
| Tangible fixed assets | 22/27 | €2,303 | €1,088 | -€1,215 | -52.8% |
| Furniture and vehicles | 24 | €2,303 | €1,088 | -€1,215 | -52.8% |
| Current assets | 29/58 | €49,513 | €56,244 | +€6,731 | +13.6% |
| Amounts receivable within one year | 40/41 | €38,507 | €44,080 | +€5,572 | +14.5% |
| Trade receivables | 40 | €15,459 | €22,951 | +€7,491 | +48.5% |
| Other amounts receivable | 41 | €23,048 | €21,129 | -€1,919 | -8.3% |
| Cash at bank and in hand | 54/58 | €11,006 | €12,165 | +€1,159 | +10.5% |
| Total equity and liabilities | 10/49 | €51,816 | €57,332 | +€5,516 | +10.6% |
| Equity | 10/15 | -€51,055 | -€47,824 | +€3,231 | +6.3% |
| Contributions | 10/11 | €32,500 | €32,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€83,555 | -€80,324 | +€3,231 | +3.9% |
| Amounts payable | 17/49 | €102,871 | €105,156 | +€2,285 | +2.2% |
| Amounts payable within one year | 42/48 | €102,871 | €105,156 | +€2,285 | +2.2% |
| Trade debts | 44 | €1,310 | €5,266 | +€3,955 | +301.8% |
| Suppliers | 440/4 | €1,310 | €5,266 | +€3,955 | +301.8% |
| Taxes, remuneration and social security | 45 | €6,561 | €4,890 | -€1,670 | -25.5% |
| Taxes | 450/3 | €6,561 | €4,890 | -€1,670 | -25.5% |
| Other amounts payable | 47/48 | €95,000 | €95,000 | = | 0.0% |
| Non-recurring operating income | 76A | - | €367 | +€367 | |
| Goods, raw materials, services and sundry goods | 60/61 | €72,416 | €87,146 | +€14,730 | +20.3% |
| Remuneration, social security and pensions | 62 | €1,590 | €1,485 | -€105 | -6.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,473 | €1,215 | -€258 | -17.5% |
| Other operating charges | 640/8 | €740 | - | -€740 | |
| Non-recurring operating charges | 66A | €5,600 | €1,634 | -€3,965 | -70.8% |
| Gross operating margin | 9900 | €21,522 | €8,911 | -€12,611 | -58.6% |
| Operating profit (loss) | 9901 | €12,119 | €4,577 | -€7,542 | -62.2% |
| Financial charges | 65/66B | €125 | €925 | +€799 | +637.3% |
| Recurring financial charges | 65 | €125 | €355 | +€229 | +182.9% |
| Non-recurring financial charges | 66B | - | €570 | +€570 | |
| Profit (loss) for the period before taxes | 9903 | €11,994 | €3,652 | -€8,342 | -69.6% |
| Income taxes | 67/77 | €530 | €421 | -€109 | -20.5% |
| Profit (loss) for the period | 9904 | €11,464 | €3,231 | -€8,233 | -71.8% |
| Profit (loss) for the period to be appropriated | 9905 | €11,464 | €3,231 | -€8,233 | -71.8% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.