Bella: 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.
Bella
Largest movements
- Cash +€19,864
up €19,864 (+71.1%), from €27,946 to €47,809
mainly Net result for the year (+€19,237) and Trade debts (+€4,934)
- Tangible fixed assets -€3,295
down €3,295 (-22.2%), from €14,863 to €11,567
of which Furniture and vehicles: -€2,295
- Receivables within one year +€1,264
up €1,264 (+59.9%), from €2,111 to €3,375
of which Other amounts receivable: +€1,619
- Profit (loss) carried forward +€19,237
up €19,237 (+163.7%), from €11,749 to €30,986
- Trade debts +€4,934
up €4,934 (+40.5%), from €12,174 to €17,108
- Tax, wage and social debts -€3,550
down €3,550 (-18.5%), from €19,207 to €15,657
of which Remuneration and social security: -€6,158
- Other debts -€2,790
down €2,790 (-100.0%), from €2,790 to €0
- Staff costs -€18,234
down €18,234 (-49.2%), from €37,026 to €18,791
- Gross operating margin -€16,782
down €16,782 (-24.7%), from €68,062 to €51,280
- Taxes +€3,562
up €3,562 (+121.3%), from €2,937 to €6,499
- Depreciation +€804
up €804 (+25.6%), from €3,144 to €3,947
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 | €47,920 | €65,751 | +€17,832 | +37.2% |
| Fixed assets | 21/28 | €17,863 | €14,567 | -€3,295 | -18.4% |
| Tangible fixed assets | 22/27 | €14,863 | €11,567 | -€3,295 | -22.2% |
| Plant, machinery and equipment | 23 | €3,374 | €2,374 | -€1,000 | -29.6% |
| Furniture and vehicles | 24 | €11,488 | €9,193 | -€2,295 | -20.0% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €30,057 | €51,184 | +€21,127 | +70.3% |
| Amounts receivable within one year | 40/41 | €2,111 | €3,375 | +€1,264 | +59.9% |
| Trade receivables | 40 | €700 | €344 | -€356 | -50.8% |
| Other amounts receivable | 41 | €1,411 | €3,031 | +€1,619 | +114.8% |
| Cash at bank and in hand | 54/58 | €27,946 | €47,809 | +€19,864 | +71.1% |
| Total equity and liabilities | 10/49 | €47,920 | €65,751 | +€17,832 | +37.2% |
| Equity | 10/15 | €13,749 | €32,986 | +€19,237 | +139.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,749 | €30,986 | +€19,237 | +163.7% |
| Amounts payable | 17/49 | €34,171 | €32,765 | -€1,406 | -4.1% |
| Amounts payable within one year | 42/48 | €34,171 | €32,765 | -€1,406 | -4.1% |
| Trade debts | 44 | €12,174 | €17,108 | +€4,934 | +40.5% |
| Suppliers | 440/4 | €12,174 | €17,108 | +€4,934 | +40.5% |
| Taxes, remuneration and social security | 45 | €19,207 | €15,657 | -€3,550 | -18.5% |
| Taxes | 450/3 | €796 | €3,404 | +€2,608 | +327.5% |
| Remuneration and social security | 454/9 | €18,411 | €12,253 | -€6,158 | -33.4% |
| Other amounts payable | 47/48 | €2,790 | €0 | -€2,790 | -100.0% |
| Remuneration, social security and pensions | 62 | €37,026 | €18,791 | -€18,234 | -49.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,144 | €3,947 | +€804 | +25.6% |
| Other operating charges | 640/8 | €2,751 | €2,651 | -€100 | -3.6% |
| Gross operating margin | 9900 | €68,062 | €51,280 | -€16,782 | -24.7% |
| Operating profit (loss) | 9901 | €25,141 | €25,890 | +€749 | +3.0% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €454 | €154 | -€301 | -66.2% |
| Recurring financial charges | 65 | €454 | €154 | -€301 | -66.2% |
| Profit (loss) for the period before taxes | 9903 | €24,686 | €25,736 | +€1,050 | +4.3% |
| Income taxes | 67/77 | €2,937 | €6,499 | +€3,562 | +121.3% |
| Profit (loss) for the period | 9904 | €21,749 | €19,237 | -€2,512 | -11.5% |
| Profit (loss) for the period to be appropriated | 9905 | €21,749 | €19,237 | -€2,512 | -11.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.