Bella Ciaoo: 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 Ciaoo
Largest movements
- Receivables within one year +€14,798
up €14,798 (+20.6%), from €71,672 to €86,470
of which Trade receivables: +€15,602
- Cash +€8,558
up €8,558 (+357.4%), from €2,394 to €10,952
mainly Net result for the year (+€25,440) and Trade debts (+€6,637)
- Intangible fixed assets -€4,000
down €4,000 (-17.5%), from €22,871 to €18,871
- Profit (loss) carried forward +€25,440
up €25,440 (+280.1%), from €9,083 to €34,523
- Other debts -€19,034
down €19,034 (-94.2%), from €20,204 to €1,170
- Trade debts +€6,637
up €6,637 (+10.3%), from €64,202 to €70,839
- Tax, wage and social debts +€5,619
up €5,619 (+148.7%), from €3,779 to €9,398
of which Taxes: +€6,440
- Gross operating margin +€15,852
up €15,852 (+67.3%), from €23,562 to €39,414
- Taxes +€6,440
new in 2025: €6,440
- Staff costs -€5,882
no longer reported in 2025 (was €5,882)
- Other operating charges -€831
down €831 (-27.0%), from €3,083 to €2,252
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 | €98,769 | €117,430 | +€18,662 | +18.9% |
| Fixed assets | 21/28 | €23,290 | €18,871 | -€4,419 | -19.0% |
| Intangible fixed assets | 21 | €22,871 | €18,871 | -€4,000 | -17.5% |
| Tangible fixed assets | 22/27 | €419 | - | -€419 | |
| Plant, machinery and equipment | 23 | €419 | - | -€419 | |
| Current assets | 29/58 | €75,478 | €98,559 | +€23,081 | +30.6% |
| Stocks and contracts in progress | 3 | €1,242 | €1,137 | -€105 | -8.5% |
| Stocks | 30/36 | €1,242 | €1,137 | -€105 | -8.5% |
| Amounts receivable within one year | 40/41 | €71,672 | €86,470 | +€14,798 | +20.6% |
| Trade receivables | 40 | €69,116 | €84,717 | +€15,602 | +22.6% |
| Other amounts receivable | 41 | €2,556 | €1,753 | -€804 | -31.4% |
| Cash at bank and in hand | 54/58 | €2,394 | €10,952 | +€8,558 | +357.4% |
| Deferred charges and accrued income | 490/1 | €170 | - | -€170 | |
| Total equity and liabilities | 10/49 | €98,769 | €117,430 | +€18,662 | +18.9% |
| Equity | 10/15 | €10,583 | €36,023 | +€25,440 | +240.4% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €9,083 | €34,523 | +€25,440 | +280.1% |
| Amounts payable | 17/49 | €88,185 | €81,407 | -€6,778 | -7.7% |
| Amounts payable within one year | 42/48 | €88,185 | €81,407 | -€6,778 | -7.7% |
| Trade debts | 44 | €64,202 | €70,839 | +€6,637 | +10.3% |
| Suppliers | 440/4 | €64,202 | €70,839 | +€6,637 | +10.3% |
| Taxes, remuneration and social security | 45 | €3,779 | €9,398 | +€5,619 | +148.7% |
| Taxes | 450/3 | - | €6,440 | +€6,440 | |
| Remuneration and social security | 454/9 | €3,779 | €2,958 | -€821 | -21.7% |
| Other amounts payable | 47/48 | €20,204 | €1,170 | -€19,034 | -94.2% |
| Remuneration, social security and pensions | 62 | €5,882 | - | -€5,882 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,554 | €4,419 | -€134 | -3.0% |
| Other operating charges | 640/8 | €3,083 | €2,252 | -€831 | -27.0% |
| Gross operating margin | 9900 | €23,562 | €39,414 | +€15,852 | +67.3% |
| Operating profit (loss) | 9901 | €10,043 | €32,743 | +€22,700 | +226.0% |
| Financial charges | 65/66B | €501 | €863 | +€362 | +72.2% |
| Recurring financial charges | 65 | €501 | €863 | +€362 | +72.2% |
| Profit (loss) for the period before taxes | 9903 | €9,542 | €31,880 | +€22,338 | +234.1% |
| Income taxes | 67/77 | - | €6,440 | +€6,440 | |
| Profit (loss) for the period | 9904 | €9,542 | €25,440 | +€15,898 | +166.6% |
| Profit (loss) for the period to be appropriated | 9905 | €9,542 | €25,440 | +€15,898 | +166.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.