BELLA: 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.
BELLA
Largest movements
- Receivables within one year +€162,136
new in 2023: €162,136
of which Trade receivables: +€160,369
- Cash +€9,523
up €9,523 (+51.6%), from €18,450 to €27,973
mainly Trade debts (+€133,944) and Advances received (+€66,174)
- Stocks and contracts +€7,396
up €7,396 (+23.4%), from €31,605 to €39,001
- Tangible fixed assets -€2,686
down €2,686 (-31.8%), from €8,436 to €5,750
of which Plant, machinery and equipment: -€2,191
- Trade debts +€133,944
up €133,944 (+2118.4%), from €6,323 to €140,267
of which Suppliers: +€133,688
- Advances received +€66,174
new in 2023: €66,174
- Tax, wage and social debts -€22,823
down €22,823 (-90.6%), from €25,183 to €2,360
of which Remuneration and social security: -€15,652
- Profit (loss) carried forward -€15,633
down €15,633, from €7,472 to -€8,161
- Other debts +€14,691
new in 2023: €14,691
- Turnover -€785,473
no longer reported in 2023 (was €785,473)
- Purchases and services -€752,433
no longer reported in 2023 (was €752,433)
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €58,913 | €235,282 | +€176,369 | +299.4% |
| Fixed assets | 21/28 | €8,858 | €6,172 | -€2,686 | -30.3% |
| Tangible fixed assets | 22/27 | €8,436 | €5,750 | -€2,686 | -31.8% |
| Land and buildings | 22 | €2,254 | €1,759 | -€495 | -22.0% |
| Plant, machinery and equipment | 23 | €6,182 | €3,991 | -€2,191 | -35.4% |
| Financial fixed assets | 28 | €422 | €422 | +€0 | 0.0% |
| Current assets | 29/58 | €50,055 | €229,110 | +€179,055 | +357.7% |
| Stocks and contracts in progress | 3 | €31,605 | €39,001 | +€7,396 | +23.4% |
| Stocks | 30/36 | €31,605 | €39,001 | +€7,396 | +23.4% |
| Amounts receivable within one year | 40/41 | - | €162,136 | +€162,136 | |
| Trade receivables | 40 | - | €160,369 | +€160,369 | |
| Other amounts receivable | 41 | - | €1,767 | +€1,767 | |
| Cash at bank and in hand | 54/58 | €18,450 | €27,973 | +€9,523 | +51.6% |
| Total equity and liabilities | 10/49 | €58,913 | €235,282 | +€176,369 | +299.4% |
| Equity | 10/15 | €27,407 | €11,774 | -€15,633 | -57.0% |
| Contributions | 10/11 | €18,592 | €18,592 | +€0 | 0.0% |
| Capital | 10 | €18,592 | €18,592 | +€0 | 0.0% |
| Issued capital | 100 | €18,592 | €18,592 | +€0 | 0.0% |
| Reserves | 13 | €1,343 | €1,343 | -€0 | 0.0% |
| Non-distributable reserves | 130/1 | €1,343 | €1,343 | -€0 | 0.0% |
| Legal reserve | 130 | €1,343 | €1,343 | -€0 | 0.0% |
| Profit (loss) carried forward | 14 | €7,472 | -€8,161 | -€15,633 | |
| Amounts payable | 17/49 | €31,506 | €223,509 | +€192,003 | +609.4% |
| Amounts payable within one year | 42/48 | €31,506 | €223,509 | +€192,003 | +609.4% |
| Financial debts | 43 | - | €16 | +€16 | |
| Credit institutions | 430/8 | - | €16 | +€16 | |
| Trade debts | 44 | €6,323 | €140,267 | +€133,944 | +2118.4% |
| Suppliers | 440/4 | €6,323 | €140,011 | +€133,688 | +2114.3% |
| Bills of exchange payable | 441 | - | €256 | +€256 | |
| Advances received on contracts in progress | 46 | - | €66,174 | +€66,174 | |
| Taxes, remuneration and social security | 45 | €25,183 | €2,360 | -€22,823 | -90.6% |
| Taxes | 450/3 | €9,531 | €2,360 | -€7,171 | -75.2% |
| Remuneration and social security | 454/9 | €15,652 | - | -€15,652 | |
| Other amounts payable | 47/48 | - | €14,691 | +€14,691 | |
| Turnover | 70 | €785,473 | - | -€785,473 | |
| Non-recurring operating income | 76A | - | €9,407 | +€9,407 | |
| Goods, raw materials, services and sundry goods | 60/61 | €752,433 | - | -€752,433 | |
| Remuneration, social security and pensions | 62 | €35,569 | €39,403 | +€3,834 | +10.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,866 | €2,687 | -€1,179 | -30.5% |
| Other operating charges | 640/8 | €1,605 | €8,124 | +€6,519 | +406.2% |
| Gross operating margin | 9900 | €41,261 | €46,940 | +€5,679 | +13.8% |
| Operating profit (loss) | 9901 | €221 | -€3,274 | -€3,495 | |
| Financial income | 75/76B | €3,000 | €4 | -€2,996 | -99.9% |
| Recurring financial income | 75 | €3,000 | €4 | -€2,996 | -99.9% |
| Non-recurring financial income | 76B | €3,000 | - | -€3,000 | |
| Financial charges | 65/66B | €5,186 | €6,207 | +€1,021 | +19.7% |
| Recurring financial charges | 65 | €5,177 | €6,207 | +€1,030 | +19.9% |
| Non-recurring financial charges | 66B | €9 | - | -€9 | |
| Profit (loss) for the period before taxes | 9903 | -€1,965 | -€9,477 | -€7,512 | -382.3% |
| Income taxes | 67/77 | - | €6,156 | +€6,156 | |
| Profit (loss) for the period | 9904 | -€1,965 | -€15,633 | -€13,668 | -695.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,965 | -€15,633 | -€13,668 | -695.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.