BELL TOWER: 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 TOWER
Largest movements
- Stocks and contracts +€102,155
up €102,155 (+14.5%), from €704,988 to €807,142
- Debts after one year +€111,632
up €111,632 (+13.6%), from €823,408 to €935,040
- Profit (loss) carried forward -€9,725
down €9,725 (-11.1%), from -€87,829 to -€97,555
- Gross operating margin +€6,381
up €6,381 (+41.1%), from -€15,529 to -€9,149
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 | €763,635 | €865,368 | +€101,734 | +13.3% |
| Current assets | 29/58 | €763,635 | €865,368 | +€101,734 | +13.3% |
| Stocks and contracts in progress | 3 | €704,988 | €807,142 | +€102,155 | +14.5% |
| Stocks | 30/36 | €704,988 | €807,142 | +€102,155 | +14.5% |
| Amounts receivable within one year | 40/41 | €8,205 | €12,882 | +€4,677 | +57.0% |
| Trade receivables | 40 | - | €8,892 | +€8,892 | |
| Other amounts receivable | 41 | €8,205 | €3,990 | -€4,215 | -51.4% |
| Cash at bank and in hand | 54/58 | €49,299 | €44,164 | -€5,135 | -10.4% |
| Deferred charges and accrued income | 490/1 | €1,143 | €1,180 | +€36 | +3.2% |
| Total equity and liabilities | 10/49 | €763,635 | €865,368 | +€101,734 | +13.3% |
| Equity | 10/15 | -€69,279 | -€79,005 | -€9,725 | -14.0% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€87,829 | -€97,555 | -€9,725 | -11.1% |
| Amounts payable | 17/49 | €832,914 | €944,373 | +€111,459 | +13.4% |
| Amounts payable after more than one year | 17 | €823,408 | €935,040 | +€111,632 | +13.6% |
| Financial debts | 170/4 | €823,408 | €935,040 | +€111,632 | +13.6% |
| Amounts payable within one year | 42/48 | €7,367 | €9,333 | +€1,966 | +26.7% |
| Trade debts | 44 | €7,367 | €9,333 | +€1,966 | +26.7% |
| Suppliers | 440/4 | €7,367 | €9,333 | +€1,966 | +26.7% |
| Taxes, remuneration and social security | 45 | €0 | - | = | |
| Taxes | 450/3 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €2,139 | €0 | -€2,139 | -100.0% |
| Other operating charges | 640/8 | €384 | €387 | +€3 | +0.8% |
| Gross operating margin | 9900 | -€15,529 | -€9,149 | +€6,381 | +41.1% |
| Operating profit (loss) | 9901 | -€15,914 | -€9,536 | +€6,378 | +40.1% |
| Financial charges | 65/66B | €177 | €189 | +€13 | +7.3% |
| Recurring financial charges | 65 | €177 | €189 | +€13 | +7.3% |
| Profit (loss) for the period before taxes | 9903 | -€16,090 | -€9,725 | +€6,365 | +39.6% |
| Profit (loss) for the period | 9904 | -€16,090 | -€9,725 | +€6,365 | +39.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,090 | -€9,725 | +€6,365 | +39.6% |
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 30 September 2026 via checked.be.