Bellagio Plus: 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.
Bellagio Plus
Largest movements
- Cash +€22,740
up €22,740 (+93.5%), from €24,329 to €47,069
mainly Depreciation (+€17,672) and Trade debts (+€10,601)
- Tangible fixed assets -€17,672
down €17,672 (-30.0%), from €58,949 to €41,277
of which Leasing and similar rights: -€12,648
- Receivables within one year +€7,727
up €7,727 (+16.1%), from €47,919 to €55,645
of which Other amounts receivable: +€14,879
- Trade debts +€10,601
up €10,601 (+40.4%), from €26,224 to €36,825
- Profit (loss) carried forward +€8,098
up €8,098 (+28.9%), from €27,986 to €36,084
- Debts after one year -€7,769
down €7,769 (-21.3%), from €36,445 to €28,675
- Tax, wage and social debts +€6,315
up €6,315 (+38.3%), from €16,496 to €22,811
- Current portion of long-term debt -€3,902
down €3,902 (-26.9%), from €14,520 to €10,618
- Turnover +€13,945
up €13,945 (+9.2%), from €151,075 to €165,020
- Gross operating margin +€11,384
up €11,384 (+70.1%), from €16,248 to €27,633
- Taxes +€8,329
up €8,329 (+545%), from €1,527 to €9,856
- Purchases and services +€7,417
up €7,417 (+5.5%), from €134,826 to €142,243
- Depreciation +€4,316
up €4,316 (+32.3%), from €13,356 to €17,672
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 | €165,165 | €178,408 | +€13,243 | +8.0% |
| Fixed assets | 21/28 | €68,100 | €50,428 | -€17,672 | -26.0% |
| Tangible fixed assets | 22/27 | €58,949 | €41,277 | -€17,672 | -30.0% |
| Plant, machinery and equipment | 23 | €2,100 | €1,720 | -€380 | -18.1% |
| Furniture and vehicles | 24 | €13,932 | €9,288 | -€4,644 | -33.3% |
| Leasing and similar rights | 25 | €42,918 | €30,270 | -€12,648 | -29.5% |
| Financial fixed assets | 28 | €9,150 | €9,150 | = | 0.0% |
| Current assets | 29/58 | €97,065 | €127,981 | +€30,915 | +31.9% |
| Stocks and contracts in progress | 3 | €24,459 | €24,459 | = | 0.0% |
| Stocks | 30/36 | €24,459 | €24,459 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €47,919 | €55,645 | +€7,727 | +16.1% |
| Trade receivables | 40 | €28,569 | €21,417 | -€7,152 | -25.0% |
| Other amounts receivable | 41 | €19,350 | €34,229 | +€14,879 | +76.9% |
| Cash at bank and in hand | 54/58 | €24,329 | €47,069 | +€22,740 | +93.5% |
| Deferred charges and accrued income | 490/1 | €358 | €806 | +€448 | +125% |
| Total equity and liabilities | 10/49 | €165,165 | €178,408 | +€13,243 | +8.0% |
| Equity | 10/15 | €71,360 | €79,458 | +€8,098 | +11.3% |
| Contributions | 10/11 | €38,550 | €38,550 | = | 0.0% |
| Reserves | 13 | €4,824 | €4,824 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,855 | €1,855 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,855 | €1,855 | = | 0.0% |
| Tax-exempt reserves | 132 | €2,969 | €2,969 | = | 0.0% |
| Profit (loss) carried forward | 14 | €27,986 | €36,084 | +€8,098 | +28.9% |
| Amounts payable | 17/49 | €93,805 | €98,950 | +€5,145 | +5.5% |
| Amounts payable after more than one year | 17 | €36,445 | €28,675 | -€7,769 | -21.3% |
| Financial debts | 170/4 | €36,445 | €28,675 | -€7,769 | -21.3% |
| Amounts payable within one year | 42/48 | €57,240 | €70,254 | +€13,014 | +22.7% |
| Current portion of amounts payable after more than one year | 42 | €14,520 | €10,618 | -€3,902 | -26.9% |
| Trade debts | 44 | €26,224 | €36,825 | +€10,601 | +40.4% |
| Suppliers | 440/4 | €26,224 | €36,825 | +€10,601 | +40.4% |
| Taxes, remuneration and social security | 45 | €16,496 | €22,811 | +€6,315 | +38.3% |
| Taxes | 450/3 | €16,496 | €22,811 | +€6,315 | +38.3% |
| Accrued charges and deferred income | 492/3 | €120 | €21 | -€99 | -82.6% |
| Turnover | 70 | €151,075 | €165,020 | +€13,945 | +9.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €134,826 | €142,243 | +€7,417 | +5.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,356 | €17,672 | +€4,316 | +32.3% |
| Other operating charges | 640/8 | €14,514 | €11,576 | -€2,938 | -20.2% |
| Gross operating margin | 9900 | €16,248 | €27,633 | +€11,384 | +70.1% |
| Operating profit (loss) | 9901 | -€11,622 | -€1,615 | +€10,007 | +86.1% |
| Financial income | 75/76B | €25,032 | €25,296 | +€264 | +1.1% |
| Recurring financial income | 75 | €25,032 | €25,296 | +€264 | +1.1% |
| Financial charges | 65/66B | €3,047 | €5,727 | +€2,680 | +88.0% |
| Recurring financial charges | 65 | €3,047 | €5,727 | +€2,680 | +88.0% |
| Profit (loss) for the period before taxes | 9903 | €10,363 | €17,954 | +€7,591 | +73.2% |
| Income taxes | 67/77 | €1,527 | €9,856 | +€8,329 | +545% |
| Profit (loss) for the period | 9904 | €8,836 | €8,098 | -€738 | -8.4% |
| Profit (loss) for the period to be appropriated | 9905 | €8,836 | €8,098 | -€738 | -8.4% |
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.