BELLE DE JOUR: 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 DE JOUR
Largest movements
- Receivables within one year -€9,814
down €9,814 (-17.4%), from €56,520 to €46,706
of which Trade receivables: -€8,461
- Cash -€1,894
down €1,894 (-47.5%), from €3,988 to €2,094
mainly Net result for the year (-€13,745) and Other debts (-€507)
- Reserves -€13,745
down €13,745 (-63.2%), from €21,759 to €8,014
of which Distributable reserves: -€13,745
- Trade debts +€1,565
up €1,565 (+9.2%), from €16,949 to €18,514
- Short-term financial debts +€781
new in 2025: €781
- Staff costs +€2,993
up €2,993 (+7.2%), from €41,754 to €44,746
- Gross operating margin -€665
down €665 (-1.8%), from €37,135 to €36,469
- Financial charges +€511
up €511 (+36.3%), from €1,408 to €1,919
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 | €60,787 | €49,225 | -€11,562 | -19.0% |
| Current assets | 29/58 | €60,787 | €49,225 | -€11,562 | -19.0% |
| Stocks and contracts in progress | 3 | €272 | €418 | +€146 | +53.6% |
| Stocks | 30/36 | €272 | €418 | +€146 | +53.6% |
| Amounts receivable within one year | 40/41 | €56,520 | €46,706 | -€9,814 | -17.4% |
| Trade receivables | 40 | €48,133 | €39,672 | -€8,461 | -17.6% |
| Other amounts receivable | 41 | €8,387 | €7,034 | -€1,354 | -16.1% |
| Cash at bank and in hand | 54/58 | €3,988 | €2,094 | -€1,894 | -47.5% |
| Deferred charges and accrued income | 490/1 | €7 | €7 | = | 0.0% |
| Total equity and liabilities | 10/49 | €60,787 | €49,225 | -€11,562 | -19.0% |
| Equity | 10/15 | €40,359 | €26,614 | -€13,745 | -34.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €21,759 | €8,014 | -€13,745 | -63.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €19,899 | €6,154 | -€13,745 | -69.1% |
| Amounts payable | 17/49 | €20,428 | €22,611 | +€2,183 | +10.7% |
| Amounts payable within one year | 42/48 | €20,428 | €22,611 | +€2,183 | +10.7% |
| Financial debts | 43 | - | €781 | +€781 | |
| Credit institutions | 430/8 | - | €781 | +€781 | |
| Trade debts | 44 | €16,949 | €18,514 | +€1,565 | +9.2% |
| Suppliers | 440/4 | €16,949 | €18,514 | +€1,565 | +9.2% |
| Taxes, remuneration and social security | 45 | €2,629 | €2,972 | +€344 | +13.1% |
| Taxes | 450/3 | €392 | €805 | +€413 | +105% |
| Remuneration and social security | 454/9 | €2,237 | €2,168 | -€69 | -3.1% |
| Other amounts payable | 47/48 | €850 | €343 | -€507 | -59.6% |
| Remuneration, social security and pensions | 62 | €41,754 | €44,746 | +€2,993 | +7.2% |
| Other operating charges | 640/8 | €3,798 | €3,549 | -€249 | -6.5% |
| Gross operating margin | 9900 | €37,135 | €36,469 | -€665 | -1.8% |
| Operating profit (loss) | 9901 | -€8,417 | -€11,826 | -€3,410 | -40.5% |
| Financial income | 75/76B | €8 | - | -€8 | |
| Recurring financial income | 75 | €8 | - | -€8 | |
| Financial charges | 65/66B | €1,408 | €1,919 | +€511 | +36.3% |
| Recurring financial charges | 65 | €1,408 | €1,919 | +€511 | +36.3% |
| Profit (loss) for the period before taxes | 9903 | -€9,816 | -€13,745 | -€3,929 | -40.0% |
| Profit (loss) for the period | 9904 | -€9,816 | -€13,745 | -€3,929 | -40.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,816 | -€13,745 | -€3,929 | -40.0% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.