Bella 4 Work: 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 4 Work
Largest movements
- Receivables after one year +€261,251
new in 2024: €261,251
- Receivables within one year -€239,112
down €239,112 (-82.5%), from €289,677 to €50,565
of which Trade receivables: -€227,934
- Cash +€37,977
up €37,977 (+88.1%), from €43,119 to €81,096
mainly Tax, wage and social debts (+€244,998) and Receivables within one year (+€239,112)
- Tangible fixed assets +€32,528
new in 2024: €32,528
- Profit (loss) carried forward -€259,673
no longer reported in 2024 (was €259,673)
- Tax, wage and social debts +€244,998
new in 2024: €244,998
of which Remuneration and social security: +€208,358
- Reserves +€168,293
new in 2024: €168,293
- Trade debts -€60,974
down €60,974 (-96.5%), from €63,173 to €2,199
- Turnover +€445,013
new in 2024: €445,013
- Staff costs +€329,443
new in 2024: €329,443
- Purchases and services +€147,155
new in 2024: €147,155
- Gross operating margin +€39,168
up €39,168 (+15.0%), from €260,830 to €299,998
- Depreciation +€6,688
up €6,688 (+578.0%), from €1,157 to €7,845
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 | €332,796 | €425,440 | +€92,644 | +27.8% |
| Fixed assets | 21/28 | - | €32,528 | +€32,528 | |
| Tangible fixed assets | 22/27 | - | €32,528 | +€32,528 | |
| Furniture and vehicles | 24 | - | €32,528 | +€32,528 | |
| Current assets | 29/58 | €332,796 | €392,912 | +€60,116 | +18.1% |
| Amounts receivable after more than one year | 29 | - | €261,251 | +€261,251 | |
| Trade receivables | 290 | - | €261,251 | +€261,251 | |
| Amounts receivable within one year | 40/41 | €289,677 | €50,565 | -€239,112 | -82.5% |
| Trade receivables | 40 | €260,830 | €32,896 | -€227,934 | -87.4% |
| Other amounts receivable | 41 | €28,847 | €17,669 | -€11,178 | -38.7% |
| Cash at bank and in hand | 54/58 | €43,119 | €81,096 | +€37,977 | +88.1% |
| Total equity and liabilities | 10/49 | €332,796 | €425,440 | +€92,644 | +27.8% |
| Equity | 10/15 | €269,623 | €178,243 | -€91,380 | -33.9% |
| Contributions | 10/11 | €9,950 | €9,950 | = | 0.0% |
| Reserves | 13 | - | €168,293 | +€168,293 | |
| Distributable reserves | 133 | - | €168,293 | +€168,293 | |
| Profit (loss) carried forward | 14 | €259,673 | - | -€259,673 | |
| Amounts payable | 17/49 | €63,173 | €247,197 | +€184,024 | +291.3% |
| Amounts payable within one year | 42/48 | €63,173 | €247,197 | +€184,024 | +291.3% |
| Trade debts | 44 | €63,173 | €2,199 | -€60,974 | -96.5% |
| Suppliers | 440/4 | €63,173 | €2,199 | -€60,974 | -96.5% |
| Taxes, remuneration and social security | 45 | - | €244,998 | +€244,998 | |
| Taxes | 450/3 | - | €36,640 | +€36,640 | |
| Remuneration and social security | 454/9 | - | €208,358 | +€208,358 | |
| Turnover | 70 | - | €445,013 | +€445,013 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €147,155 | +€147,155 | |
| Remuneration, social security and pensions | 62 | - | €329,443 | +€329,443 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,157 | €7,845 | +€6,688 | +578.0% |
| Other operating charges | 640/8 | - | €2,254 | +€2,254 | |
| Gross operating margin | 9900 | €260,830 | €299,998 | +€39,168 | +15.0% |
| Operating profit (loss) | 9901 | €259,673 | -€39,544 | -€299,217 | |
| Financial charges | 65/66B | - | €172 | +€172 | |
| Recurring financial charges | 65 | - | €172 | +€172 | |
| Profit (loss) for the period before taxes | 9903 | €259,673 | -€39,716 | -€299,389 | |
| Profit (loss) for the period | 9904 | €259,673 | -€39,716 | -€299,389 | |
| Profit (loss) for the period to be appropriated | 9905 | €259,673 | -€39,716 | -€299,389 |
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 4 October 2026 via checked.be.