BELLAVIE: what changed
Two fiscal 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.
BELLAVIE
Largest movements
- Cash +€52,767
up €52,767 (+24.4%), from €215,841 to €268,608
mainly Net result for the year (+€35,631) and Depreciation (+€15,166)
- Tangible fixed assets -€15,166
down €15,166 (-9.6%), from €158,025 to €142,859
of which Land and buildings: -€12,799
- Profit (loss) carried forward +€35,631
up €35,631 (+12.3%), from -€288,651 to -€253,020
- Gross operating margin +€20,872
up €20,872 (+64.3%), from €32,445 to €53,317
- Financial income -€1,618
no longer reported in 2025 (was €1,618)
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 | €375,384 | €411,969 | +€36,585 | +9.7% |
| Fixed assets | 21/28 | €158,525 | €143,359 | -€15,166 | -9.6% |
| Tangible fixed assets | 22/27 | €158,025 | €142,859 | -€15,166 | -9.6% |
| Land and buildings | 22 | €148,340 | €135,541 | -€12,799 | -8.6% |
| Plant, machinery and equipment | 23 | €3,777 | €2,295 | -€1,482 | -39.2% |
| Furniture and vehicles | 24 | €5,908 | €5,023 | -€884 | -15.0% |
| Financial fixed assets | 28 | €500 | €500 | = | 0.0% |
| Current assets | 29/58 | €216,859 | €268,610 | +€51,751 | +23.9% |
| Amounts receivable within one year | 40/41 | €1,019 | €2 | -€1,017 | -99.8% |
| Other amounts receivable | 41 | €1,019 | €2 | -€1,017 | -99.8% |
| Cash at bank and in hand | 54/58 | €215,841 | €268,608 | +€52,767 | +24.4% |
| Total equity and liabilities | 10/49 | €375,384 | €411,969 | +€36,585 | +9.7% |
| Equity | 10/15 | €254,487 | €290,118 | +€35,631 | +14.0% |
| Contributions | 10/11 | €425,000 | €425,000 | = | 0.0% |
| Revaluation surpluses | 12 | €111,938 | €111,938 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€288,651 | -€253,020 | +€35,631 | +12.3% |
| Amounts payable | 17/49 | €120,897 | €121,851 | +€954 | +0.8% |
| Amounts payable within one year | 42/48 | €120,897 | €121,851 | +€954 | +0.8% |
| Trade debts | 44 | €10 | €13 | +€3 | +24.5% |
| Suppliers | 440/4 | €10 | €13 | +€3 | +24.5% |
| Taxes, remuneration and social security | 45 | €2 | €889 | +€887 | +56884.6% |
| Taxes | 450/3 | €2 | €889 | +€887 | +56884.6% |
| Other amounts payable | 47/48 | €120,885 | €120,949 | +€64 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,866 | €15,166 | +€300 | +2.0% |
| Other operating charges | 640/8 | €2,288 | €2,256 | -€32 | -1.4% |
| Gross operating margin | 9900 | €32,445 | €53,317 | +€20,872 | +64.3% |
| Operating profit (loss) | 9901 | €15,292 | €35,896 | +€20,604 | +134.7% |
| Financial income | 75/76B | €1,618 | - | -€1,618 | |
| Recurring financial income | 75 | €1,618 | - | -€1,618 | |
| Financial charges | 65/66B | €350 | €265 | -€86 | -24.5% |
| Recurring financial charges | 65 | €350 | €265 | -€86 | -24.5% |
| Profit (loss) for the period before taxes | 9903 | €16,560 | €35,631 | +€19,071 | +115.2% |
| Profit (loss) for the period | 9904 | €16,560 | €35,631 | +€19,071 | +115.2% |
| Profit (loss) for the period to be appropriated | 9905 | €16,560 | €35,631 | +€19,071 | +115.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.