BELLASSENS: 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.
BELLASSENS
Largest movements
- Receivables within one year -€7,481
down €7,481 (-88.0%), from €8,500 to €1,019
of which Trade receivables: -€8,050
- Tangible fixed assets +€4,827
up €4,827 (+1,792%), from €269 to €5,097
of which Furniture and vehicles: +€4,942
- Financial fixed assets +€700
up €700 (+467%), from €150 to €850
- Deferred charges and accrued income -€396
no longer reported in 2025 (was €396)
- Intangible fixed assets -€300
down €300 (-35.8%), from €838 to €538
- Debts after one year -€8,153
down €8,153 (-68.8%), from €11,853 to €3,700
of which Other amounts payable: -€6,167
- Profit (loss) carried forward +€7,380
up €7,380 (+97.4%), from -€7,580 to -€200
- Current portion of long-term debt -€2,618
no longer reported in 2025 (was €2,618)
- Tax, wage and social debts +€1,008
up €1,008 (+486%), from €207 to €1,215
- Trade debts -€255
down €255 (-16.4%), from €1,557 to €1,302
- Gross operating margin +€13,503
up €13,503, from -€3,934 to €9,569
- Taxes +€1,215
new in 2025: €1,215
- Depreciation -€258
down €258 (-35.3%), from €730 to €472
- Financial charges -€128
down €128 (-55.6%), from €231 to €102
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.
Derived cash bridge
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 | €10,155 | €7,516 | -€2,639 | -26.0% |
| Fixed assets | 21/28 | €1,257 | €6,484 | +€5,228 | +416% |
| Intangible fixed assets | 21 | €838 | €538 | -€300 | -35.8% |
| Tangible fixed assets | 22/27 | €269 | €5,097 | +€4,827 | +1,792% |
| Furniture and vehicles | 24 | - | €4,942 | +€4,942 | |
| Leasing and similar rights | 25 | €269 | €154 | -€115 | -42.7% |
| Financial fixed assets | 28 | €150 | €850 | +€700 | +467% |
| Current assets | 29/58 | €8,898 | €1,032 | -€7,866 | -88.4% |
| Amounts receivable within one year | 40/41 | €8,500 | €1,019 | -€7,481 | -88.0% |
| Trade receivables | 40 | €8,500 | €450 | -€8,050 | -94.7% |
| Other amounts receivable | 41 | - | €569 | +€569 | |
| Cash at bank and in hand | 54/58 | €2 | €13 | +€11 | +649% |
| Deferred charges and accrued income | 490/1 | €396 | - | -€396 | |
| Total equity and liabilities | 10/49 | €10,155 | €7,516 | -€2,639 | -26.0% |
| Equity | 10/15 | -€6,080 | €1,300 | +€7,380 | |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,580 | -€200 | +€7,380 | +97.4% |
| Amounts payable | 17/49 | €16,235 | €6,217 | -€10,018 | -61.7% |
| Amounts payable after more than one year | 17 | €11,853 | €3,700 | -€8,153 | -68.8% |
| Financial debts | 170/4 | €1,986 | - | -€1,986 | |
| Other amounts payable | 178/9 | €9,867 | €3,700 | -€6,167 | -62.5% |
| Amounts payable within one year | 42/48 | €4,383 | €2,517 | -€1,866 | -42.6% |
| Current portion of amounts payable after more than one year | 42 | €2,618 | - | -€2,618 | |
| Trade debts | 44 | €1,557 | €1,302 | -€255 | -16.4% |
| Suppliers | 440/4 | €1,557 | €1,302 | -€255 | -16.4% |
| Taxes, remuneration and social security | 45 | €207 | €1,215 | +€1,008 | +486% |
| Taxes | 450/3 | €207 | €1,215 | +€1,008 | +486% |
| Non-recurring operating income | 76A | €2,095 | - | -€2,095 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €730 | €472 | -€258 | -35.3% |
| Other operating charges | 640/8 | €443 | €400 | -€43 | -9.7% |
| Gross operating margin | 9900 | -€3,934 | €9,569 | +€13,503 | |
| Operating profit (loss) | 9901 | -€5,107 | €8,697 | +€13,804 | |
| Financial charges | 65/66B | €231 | €102 | -€128 | -55.6% |
| Recurring financial charges | 65 | €231 | €102 | -€128 | -55.6% |
| Profit (loss) for the period before taxes | 9903 | -€5,338 | €8,595 | +€13,932 | |
| Income taxes | 67/77 | - | €1,215 | +€1,215 | |
| Profit (loss) for the period | 9904 | -€5,338 | €7,380 | +€12,717 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,338 | €7,380 | +€12,717 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.