BELLAGIO SERVICE: 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 SERVICE
Largest movements
- Receivables within one year +€28,198
up €28,198 (+9,688%), from €291 to €28,489
of which Trade receivables: +€28,489
- Tangible fixed assets -€3,198
down €3,198 (-18.4%), from €17,366 to €14,168
of which Furniture and vehicles: -€4,000
- Deferred charges and accrued income -€2,264
no longer reported in 2023 (was €2,264)
- Cash -€575
down €575 (-83.8%), from €686 to €111
- Trade debts +€12,343
up €12,343 (+4,259%), from €290 to €12,633
- Tax, wage and social debts +€7,709
up €7,709 (+1,996%), from €386 to €8,095
of which Remuneration and social security: +€6,537
- Profit (loss) carried forward +€2,248
up €2,248 (+47.9%), from -€4,689 to -€2,441
- Gross operating margin +€15,234
up €15,234 (+463%), from €3,291 to €18,526
- Staff costs +€7,516
up €7,516 (+154%), from €4,882 to €12,398
- Depreciation +€1,767
up €1,767 (+67.1%), from €2,634 to €4,401
- Financial charges +€1,700
up €1,700 (+2,419%), from €70 to €1,771
- Other operating charges +€1,004
up €1,004 (+255%), from €394 to €1,399
From the 2021 result to the 2023 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
A cash bridge needs two consecutive financial years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2021 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €20,607 | €42,768 | +€22,161 | +108% |
| Fixed assets | 21/28 | €17,366 | €14,168 | -€3,198 | -18.4% |
| Tangible fixed assets | 22/27 | €17,366 | €14,168 | -€3,198 | -18.4% |
| Plant, machinery and equipment | 23 | - | €802 | +€802 | |
| Furniture and vehicles | 24 | €17,366 | €13,366 | -€4,000 | -23.0% |
| Current assets | 29/58 | €3,241 | €28,600 | +€25,358 | +782% |
| Amounts receivable within one year | 40/41 | €291 | €28,489 | +€28,198 | +9,688% |
| Trade receivables | 40 | - | €28,489 | +€28,489 | |
| Other amounts receivable | 41 | €291 | - | -€291 | |
| Cash at bank and in hand | 54/58 | €686 | €111 | -€575 | -83.8% |
| Deferred charges and accrued income | 490/1 | €2,264 | - | -€2,264 | |
| Total equity and liabilities | 10/49 | €20,607 | €42,768 | +€22,161 | +108% |
| Equity | 10/15 | €311 | €2,559 | +€2,248 | +723% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Contributions outside capital | 11 | €5,000 | - | -€5,000 | |
| Other | 1109/19 | €5,000 | - | -€5,000 | |
| Profit (loss) carried forward | 14 | -€4,689 | -€2,441 | +€2,248 | +47.9% |
| Amounts payable | 17/49 | €20,296 | €40,209 | +€19,913 | +98.1% |
| Amounts payable within one year | 42/48 | €20,296 | €40,209 | +€19,913 | +98.1% |
| Financial debts | 43 | - | €0 | = | |
| Credit institutions | 430/8 | - | €0 | = | |
| Trade debts | 44 | €290 | €12,633 | +€12,343 | +4,259% |
| Suppliers | 440/4 | €290 | €12,633 | +€12,343 | +4,259% |
| Taxes, remuneration and social security | 45 | €386 | €8,095 | +€7,709 | +1,996% |
| Taxes | 450/3 | - | €1,172 | +€1,172 | |
| Remuneration and social security | 454/9 | €386 | €6,923 | +€6,537 | +1,693% |
| Other amounts payable | 47/48 | €19,620 | €19,482 | -€139 | -0.7% |
| Remuneration, social security and pensions | 62 | €4,882 | €12,398 | +€7,516 | +154% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,634 | €4,401 | +€1,767 | +67.1% |
| Other operating charges | 640/8 | €394 | €1,399 | +€1,004 | +255% |
| Gross operating margin | 9900 | €3,291 | €18,526 | +€15,234 | +463% |
| Operating profit (loss) | 9901 | -€4,619 | €328 | +€4,947 | |
| Financial charges | 65/66B | €70 | €1,771 | +€1,700 | +2,419% |
| Recurring financial charges | 65 | €70 | €1,771 | +€1,700 | +2,419% |
| Profit (loss) for the period before taxes | 9903 | -€4,689 | -€1,443 | +€3,246 | +69.2% |
| Profit (loss) for the period | 9904 | -€4,689 | -€1,443 | +€3,246 | +69.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,689 | -€1,443 | +€3,246 | +69.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 25 October 2026 via checked.be.