BELLBEV: 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.
BELLBEV
Largest movements
- Tangible fixed assets +€77,155
up €77,155 (+16.9%), from €457,173 to €534,327
of which Other tangible fixed assets: +€73,133
- Receivables within one year -€27,550
no longer reported in 2025 (was €27,550)
of which Trade receivables: -€18,150
- Cash +€19,785
up €19,785 (+106.8%), from €18,527 to €38,312
mainly Debts after one year (+€74,622) and Net result for the year (+€39,208)
- Debts after one year +€74,622
new in 2025: €74,622
- Current portion of long-term debt -€44,000
down €44,000 (-68.7%), from €64,000 to €20,000
- Profit (loss) carried forward +€39,208
up €39,208 (+15.3%), from €256,159 to €295,366
- Trade debts +€6,100
up €6,100 (+11.1%), from €54,709 to €60,808
- Services and other goods -€13,366
down €13,366 (-12.0%), from €111,563 to €98,198
- Depreciation +€3,845
up €3,845 (+13.2%), from €29,165 to €33,010
- Other operating income -€3,749
down €3,749 (-25.4%), from €14,749 to €11,000
- Financial charges -€2,285
down €2,285 (-57.4%), from €3,983 to €1,698
- Taxes +€2,127
up €2,127 (+18.0%), from €11,821 to €13,948
of which Taxes: +€1,848
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 | €507,324 | €577,198 | +€69,874 | +13.8% |
| Fixed assets | 21/28 | €457,173 | €534,327 | +€77,155 | +16.9% |
| Tangible fixed assets | 22/27 | €457,173 | €534,327 | +€77,155 | +16.9% |
| Land and buildings | 22 | €423,109 | €427,480 | +€4,371 | +1.0% |
| Plant, machinery and equipment | 23 | €2,975 | €2,626 | -€350 | -11.7% |
| Other tangible fixed assets | 26 | €31,088 | €104,221 | +€73,133 | +235.2% |
| Current assets | 29/58 | €50,151 | €42,871 | -€7,280 | -14.5% |
| Amounts receivable within one year | 40/41 | €27,550 | - | -€27,550 | |
| Trade receivables | 40 | €18,150 | - | -€18,150 | |
| Other amounts receivable | 41 | €9,400 | - | -€9,400 | |
| Cash at bank and in hand | 54/58 | €18,527 | €38,312 | +€19,785 | +106.8% |
| Deferred charges and accrued income | 490/1 | €4,074 | €4,559 | +€485 | +11.9% |
| Total equity and liabilities | 10/49 | €507,324 | €577,198 | +€69,874 | +13.8% |
| Equity | 10/15 | €362,464 | €401,671 | +€39,208 | +10.8% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €6,305 | €6,305 | = | 0.0% |
| Distributable reserves | 133 | €6,305 | €6,305 | = | 0.0% |
| Profit (loss) carried forward | 14 | €256,159 | €295,366 | +€39,208 | +15.3% |
| Amounts payable | 17/49 | €144,860 | €175,527 | +€30,667 | +21.2% |
| Amounts payable after more than one year | 17 | - | €74,622 | +€74,622 | |
| Financial debts | 170/4 | - | €74,622 | +€74,622 | |
| Credit institutions | 173 | - | €74,622 | +€74,622 | |
| Amounts payable within one year | 42/48 | €144,165 | €100,905 | -€43,260 | -30.0% |
| Current portion of amounts payable after more than one year | 42 | €64,000 | €20,000 | -€44,000 | -68.7% |
| Trade debts | 44 | €54,709 | €60,808 | +€6,100 | +11.1% |
| Suppliers | 440/4 | €54,709 | €60,808 | +€6,100 | +11.1% |
| Taxes, remuneration and social security | 45 | €25,456 | €20,096 | -€5,360 | -21.1% |
| Taxes | 450/3 | €13,456 | €12,896 | -€560 | -4.2% |
| Remuneration and social security | 454/9 | €12,000 | €7,200 | -€4,800 | -40.0% |
| Accrued charges and deferred income | 492/3 | €695 | - | -€695 | |
| Operating income | 70/76A | €194,749 | €191,000 | -€3,749 | -1.9% |
| Turnover | 70 | €180,000 | €180,000 | = | 0.0% |
| Other operating income | 74 | €14,749 | €11,000 | -€3,749 | -25.4% |
| Operating charges | 60/66A | €145,640 | €136,147 | -€9,493 | -6.5% |
| Services and other goods | 61 | €111,563 | €98,198 | -€13,366 | -12.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,165 | €33,010 | +€3,845 | +13.2% |
| Other operating charges | 640/8 | €4,912 | €4,939 | +€28 | +0.6% |
| Operating profit (loss) | 9901 | €49,109 | €54,853 | +€5,744 | +11.7% |
| Financial charges | 65/66B | €3,983 | €1,698 | -€2,285 | -57.4% |
| Recurring financial charges | 65 | €3,983 | €1,698 | -€2,285 | -57.4% |
| Debt charges | 650 | €3,832 | €1,317 | -€2,515 | -65.6% |
| Other financial charges | 652/9 | €151 | €381 | +€230 | +152.2% |
| Profit (loss) for the period before taxes | 9903 | €45,126 | €53,155 | +€8,029 | +17.8% |
| Income taxes | 67/77 | €11,821 | €13,948 | +€2,127 | +18.0% |
| Taxes | 670/3 | €12,100 | €13,948 | +€1,848 | +15.3% |
| Tax adjustments and reversals of tax provisions | 77 | €279 | - | -€279 | |
| Profit (loss) for the period | 9904 | €33,305 | €39,208 | +€5,903 | +17.7% |
| Profit (loss) for the period to be appropriated | 9905 | €33,305 | €39,208 | +€5,903 | +17.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.