Belle A Mie: 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.
Belle A Mie
Largest movements
- Stocks and contracts -€28,008
down €28,008 (-8.7%), from €320,658 to €292,650
- Cash -€21,982
down €21,982 (-37.7%), from €58,260 to €36,278
mainly Tax, wage and social debts (-€28,530) and Current portion of long-term debt (-€12,896)
- Tangible fixed assets +€11,447
up €11,447 (+236%), from €4,841 to €16,287
of which Other tangible fixed assets: +€9,726
- Tax, wage and social debts -€28,530
down €28,530 (-59.0%), from €48,354 to €19,824
of which Taxes: -€17,245
- Current portion of long-term debt -€12,896
no longer reported in 2025 (was €12,896)
- Other debts -€10,700
down €10,700 (-10.8%), from €99,244 to €88,544
- Reserves +€10,423
up €10,423 (+560%), from €1,860 to €12,283
- Write-downs -€117,330
down €117,330, from €72,249 to -€45,081
- Gross operating margin -€106,866
down €106,866 (-91.4%), from €116,938 to €10,072
- Staff costs -€19,914
down €19,914 (-39.6%), from €50,338 to €30,424
- Taxes +€1,375
new in 2025: €1,375
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 | €392,471 | €355,089 | -€37,382 | -9.5% |
| Fixed assets | 21/28 | €4,841 | €16,287 | +€11,447 | +236% |
| Tangible fixed assets | 22/27 | €4,841 | €16,287 | +€11,447 | +236% |
| Plant, machinery and equipment | 23 | €2,757 | €3,406 | +€649 | +23.5% |
| Furniture and vehicles | 24 | €777 | €1,848 | +€1,071 | +138% |
| Other tangible fixed assets | 26 | €1,308 | €11,034 | +€9,726 | +744% |
| Current assets | 29/58 | €387,630 | €338,801 | -€48,829 | -12.6% |
| Stocks and contracts in progress | 3 | €320,658 | €292,650 | -€28,008 | -8.7% |
| Stocks | 30/36 | €320,658 | €292,650 | -€28,008 | -8.7% |
| Amounts receivable within one year | 40/41 | €7,671 | €8,488 | +€818 | +10.7% |
| Trade receivables | 40 | €324 | €4,231 | +€3,907 | +1,204% |
| Other amounts receivable | 41 | €7,346 | €4,257 | -€3,089 | -42.1% |
| Cash at bank and in hand | 54/58 | €58,260 | €36,278 | -€21,982 | -37.7% |
| Deferred charges and accrued income | 490/1 | €1,042 | €1,385 | +€343 | +32.9% |
| Total equity and liabilities | 10/49 | €392,471 | €355,089 | -€37,382 | -9.5% |
| Equity | 10/15 | €129,888 | €140,311 | +€10,423 | +8.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €12,283 | +€10,423 | +560% |
| Distributable reserves | 133 | €1,860 | €12,283 | +€10,423 | +560% |
| Profit (loss) carried forward | 14 | €109,428 | €109,428 | = | 0.0% |
| Amounts payable | 17/49 | €262,583 | €214,777 | -€47,805 | -18.2% |
| Amounts payable within one year | 42/48 | €262,532 | €211,148 | -€51,383 | -19.6% |
| Current portion of amounts payable after more than one year | 42 | €12,896 | - | -€12,896 | |
| Financial debts | 43 | €80,000 | €80,000 | = | 0.0% |
| Credit institutions | 430/8 | €80,000 | €80,000 | = | 0.0% |
| Trade debts | 44 | €22,038 | €22,780 | +€742 | +3.4% |
| Suppliers | 440/4 | €22,038 | €22,780 | +€742 | +3.4% |
| Taxes, remuneration and social security | 45 | €48,354 | €19,824 | -€28,530 | -59.0% |
| Taxes | 450/3 | €32,994 | €15,749 | -€17,245 | -52.3% |
| Remuneration and social security | 454/9 | €15,360 | €4,075 | -€11,285 | -73.5% |
| Other amounts payable | 47/48 | €99,244 | €88,544 | -€10,700 | -10.8% |
| Accrued charges and deferred income | 492/3 | €51 | €3,629 | +€3,578 | +7,020% |
| Remuneration, social security and pensions | 62 | €50,338 | €30,424 | -€19,914 | -39.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,095 | €1,410 | +€315 | +28.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €72,249 | -€45,081 | -€117,330 | |
| Other operating charges | 640/8 | €2,069 | €2,544 | +€475 | +23.0% |
| Gross operating margin | 9900 | €116,938 | €10,072 | -€106,866 | -91.4% |
| Operating profit (loss) | 9901 | -€8,813 | €20,775 | +€29,588 | |
| Financial income | 75/76B | €36 | €151 | +€115 | +322% |
| Recurring financial income | 75 | €36 | €151 | +€115 | +322% |
| Financial charges | 65/66B | €6,815 | €7,463 | +€648 | +9.5% |
| Recurring financial charges | 65 | €6,815 | €7,463 | +€648 | +9.5% |
| Profit (loss) for the period before taxes | 9903 | -€15,592 | €13,463 | +€29,056 | |
| Income taxes | 67/77 | - | €1,375 | +€1,375 | |
| Profit (loss) for the period | 9904 | -€15,592 | €12,089 | +€27,681 | |
| Profit (loss) for the period to be appropriated | 9905 | -€15,592 | €12,089 | +€27,681 |
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 14 October 2026 via checked.be.