Belle Rive: 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.
What changed
Belle Rive
NACE 87.101, Residential care activities
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€97,224
2024 · -€113,523+€210,747
Equity
€253,588
2024 · €156,364+€97,224
Cash
€9,048
2024 · €8,198+€850
Balance sheet total
€1.9m
2024 · €1.9m-€52,777
Largest movements
Assets
- Receivables within one year +€113,176
up €113,176 (+10.0%), from €1.1m to €1.2m
of which Other amounts receivable: +€137,099
- Deferred charges and accrued income -€110,987
down €110,987 (-87.1%), from €127,465 to €16,478
- Tangible fixed assets -€63,532
down €63,532 (-10.0%), from €633,807 to €570,275
of which Land and buildings: -€130,534
Equity and liabilities
- Tax, wage and social debts -€131,497
down €131,497 (-14.0%), from €938,036 to €806,539
of which Taxes: -€86,939
- Profit (loss) carried forward +€97,224
up €97,224 (+87.1%), from -€111,638 to -€14,414
- Accrued charges and deferred income -€65,679
down €65,679 (-91.2%), from €72,012 to €6,333
- Debts after one year +€27,570
up €27,570 (+30.9%), from €89,186 to €116,756
Income statement
- Gross operating margin +€209,003
up €209,003 (+4.3%), from €4.8m to €5.0m
- Turnover +€206,810
up €206,810 (+3.3%), from €6.2m to €6.4m
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.
Result 2024
-€113,523
Gross operating margin
+€209,003
Staff costs
-€12,637
Depreciation
+€2,571
Write-downs
+€10,925
Other operating charges
-€2,966
Other operating items
+€2,933
Financial income
+€2,883
Financial charges
+€4,097
Taxes
-€6,062
Result 2025
€97,224
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€69,954
Investment
-€120,015
Financing
+€50,911
Cash 2024
€8,198
From operations (derived)
+€69,954
Net result for the year
+€97,224
Depreciation
+€175,831
Receivables within one year
-€113,176
Deferred charges and accrued income
+€110,987
Trade debts
-€3,736
Tax, wage and social debts
-€131,497
Accrued charges and deferred income
-€65,679
Investment (derived)
-€120,015
Investment in fixed assets (net)
-€120,015
Financing
+€50,911
Debts after one year
+€27,570
Current portion of long-term debt
+€15,038
Short-term financial debts
+€8,303
Cash 2025
€9,048
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,912,984 | €1,860,207 | -€52,777 | -2.8% |
| Fixed assets | 21/28 | €646,552 | €590,736 | -€55,816 | -8.6% |
| Intangible fixed assets | 21 | - | €7,716 | +€7,716 | |
| Tangible fixed assets | 22/27 | €633,807 | €570,275 | -€63,532 | -10.0% |
| Land and buildings | 22 | €505,888 | €375,354 | -€130,534 | -25.8% |
| Plant, machinery and equipment | 23 | €48,593 | €31,385 | -€17,208 | -35.4% |
| Furniture and vehicles | 24 | €79,326 | €163,536 | +€84,210 | +106% |
| Financial fixed assets | 28 | €12,745 | €12,745 | = | 0.0% |
| Current assets | 29/58 | €1,266,432 | €1,269,471 | +€3,039 | +0.2% |
| Amounts receivable within one year | 40/41 | €1,130,769 | €1,243,945 | +€113,176 | +10.0% |
| Trade receivables | 40 | €398,070 | €374,147 | -€23,923 | -6.0% |
| Other amounts receivable | 41 | €732,699 | €869,798 | +€137,099 | +18.7% |
| Cash at bank and in hand | 54/58 | €8,198 | €9,048 | +€850 | +10.4% |
| Deferred charges and accrued income | 490/1 | €127,465 | €16,478 | -€110,987 | -87.1% |
| Total equity and liabilities | 10/49 | €1,912,984 | €1,860,207 | -€52,777 | -2.8% |
| Equity | 10/15 | €156,364 | €253,588 | +€97,224 | +62.2% |
| Contributions | 10/11 | €243,638 | €243,638 | = | 0.0% |
| Capital | 10 | €243,638 | €243,638 | = | 0.0% |
| Issued capital | 100 | €243,638 | €243,638 | = | 0.0% |
| Reserves | 13 | €24,364 | €24,364 | = | 0.0% |
| Non-distributable reserves | 130/1 | €24,364 | €24,364 | = | 0.0% |
| Legal reserve | 130 | €24,364 | €24,364 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€111,638 | -€14,414 | +€97,224 | +87.1% |
| Amounts payable | 17/49 | €1,756,620 | €1,606,619 | -€150,001 | -8.5% |
| Amounts payable after more than one year | 17 | €89,186 | €116,756 | +€27,570 | +30.9% |
| Financial debts | 170/4 | €89,186 | €116,756 | +€27,570 | +30.9% |
| Amounts payable within one year | 42/48 | €1,595,422 | €1,483,530 | -€111,892 | -7.0% |
| Current portion of amounts payable after more than one year | 42 | €36,052 | €51,090 | +€15,038 | +41.7% |
| Financial debts | 43 | €364,797 | €373,100 | +€8,303 | +2.3% |
| Credit institutions | 430/8 | €364,797 | €373,100 | +€8,303 | +2.3% |
| Trade debts | 44 | €256,537 | €252,801 | -€3,736 | -1.5% |
| Suppliers | 440/4 | €256,537 | €252,801 | -€3,736 | -1.5% |
| Taxes, remuneration and social security | 45 | €938,036 | €806,539 | -€131,497 | -14.0% |
| Taxes | 450/3 | €138,294 | €51,355 | -€86,939 | -62.9% |
| Remuneration and social security | 454/9 | €799,742 | €755,184 | -€44,558 | -5.6% |
| Accrued charges and deferred income | 492/3 | €72,012 | €6,333 | -€65,679 | -91.2% |
| Turnover | 70 | €6,196,088 | €6,402,898 | +€206,810 | +3.3% |
| Non-recurring operating income | 76A | €23,000 | - | -€23,000 | |
| Goods, raw materials, services and sundry goods | 60/61 | €1,683,090 | €1,623,848 | -€59,242 | -3.5% |
| Remuneration, social security and pensions | 62 | €4,727,426 | €4,740,063 | +€12,637 | +0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €178,402 | €175,831 | -€2,571 | -1.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€5,359 | -€16,284 | -€10,925 | -204% |
| Other operating charges | 640/8 | €34,399 | €37,365 | +€2,966 | +8.6% |
| Non-recurring operating charges | 66A | €2,933 | - | -€2,933 | |
| Gross operating margin | 9900 | €4,839,287 | €5,048,290 | +€209,003 | +4.3% |
| Operating profit (loss) | 9901 | -€98,514 | €111,315 | +€209,829 | |
| Financial income | 75/76B | €18,386 | €21,269 | +€2,883 | +15.7% |
| Recurring financial income | 75 | €18,386 | €21,269 | +€2,883 | +15.7% |
| Financial charges | 65/66B | €30,457 | €26,360 | -€4,097 | -13.5% |
| Recurring financial charges | 65 | €30,457 | €26,360 | -€4,097 | -13.5% |
| Profit (loss) for the period before taxes | 9903 | -€110,585 | €106,224 | +€216,809 | |
| Income taxes | 67/77 | €2,938 | €9,000 | +€6,062 | +206% |
| Profit (loss) for the period | 9904 | -€113,523 | €97,224 | +€210,747 | |
| Profit (loss) for the period to be appropriated | 9905 | -€113,523 | €97,224 | +€210,747 |
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 21 October 2026 via checked.be.