BELLA TERRA: 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 TERRA
Largest movements
- Stocks and contracts +€171,901
up €171,901 (+23.2%), from €740,051 to €911,952
- Receivables within one year -€53,668
down €53,668 (-29.9%), from €179,772 to €126,104
- Debts after one year +€100,000
up €100,000 (+11.1%), from €900,000 to €1.0m
- Trade debts +€20,535
up €20,535 (+138%), from €14,868 to €35,403
- Financial charges +€991
up €991 (+4.6%), from €21,771 to €22,762
- Financial income +€369
new in 2024: €369
- Gross operating margin +€354
up €354 (+1.8%), from €19,744 to €20,098
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.
Derived cash bridge
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 | €920,872 | €1,045,623 | +€124,751 | +13.5% |
| Current assets | 29/58 | €920,872 | €1,045,623 | +€124,751 | +13.5% |
| Stocks and contracts in progress | 3 | €740,051 | €911,952 | +€171,901 | +23.2% |
| Stocks | 30/36 | €740,051 | €911,952 | +€171,901 | +23.2% |
| Amounts receivable within one year | 40/41 | €179,772 | €126,104 | -€53,668 | -29.9% |
| Other amounts receivable | 41 | €179,772 | €126,104 | -€53,668 | -29.9% |
| Cash at bank and in hand | 54/58 | €113 | €7,567 | +€7,454 | +6,596% |
| Deferred charges and accrued income | 490/1 | €936 | - | -€936 | |
| Total equity and liabilities | 10/49 | €920,872 | €1,045,623 | +€124,751 | +13.5% |
| Equity | 10/15 | -€527 | -€2,822 | -€2,295 | -435% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Capital | 10 | €1,500 | - | -€1,500 | |
| Issued capital | 100 | €1,500 | - | -€1,500 | |
| Profit (loss) carried forward | 14 | -€2,027 | -€4,322 | -€2,295 | -113% |
| Amounts payable | 17/49 | €921,399 | €1,048,445 | +€127,046 | +13.8% |
| Amounts payable after more than one year | 17 | €900,000 | €1,000,000 | +€100,000 | +11.1% |
| Financial debts | 170/4 | €900,000 | €1,000,000 | +€100,000 | +11.1% |
| Amounts payable within one year | 42/48 | €21,399 | €48,445 | +€27,046 | +126% |
| Trade debts | 44 | €14,868 | €35,403 | +€20,535 | +138% |
| Suppliers | 440/4 | €14,868 | €35,403 | +€20,535 | +138% |
| Taxes, remuneration and social security | 45 | €6,531 | €13,042 | +€6,511 | +99.7% |
| Taxes | 450/3 | €6,531 | €13,042 | +€6,511 | +99.7% |
| Gross operating margin | 9900 | €19,744 | €20,098 | +€354 | +1.8% |
| Operating profit (loss) | 9901 | €19,744 | €20,098 | +€354 | +1.8% |
| Financial income | 75/76B | - | €369 | +€369 | |
| Recurring financial income | 75 | - | €369 | +€369 | |
| Financial charges | 65/66B | €21,771 | €22,762 | +€991 | +4.6% |
| Recurring financial charges | 65 | €21,771 | €22,762 | +€991 | +4.6% |
| Profit (loss) for the period before taxes | 9903 | -€2,027 | -€2,295 | -€268 | -13.2% |
| Profit (loss) for the period | 9904 | -€2,027 | -€2,295 | -€268 | -13.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,027 | -€2,295 | -€268 | -13.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.