BELLE RIZ: 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 RIZ
Largest movements
No asset line moved by more than 1% of the balance sheet total.
- Other debts -€106,376
down €106,376 (-3.7%), from €2.9m to €2.8m
- Profit (loss) carried forward +€75,323
up €75,323 (+2658.5%), from €2,833 to €78,156
- Taxes +€26,358
up €26,358 (+2483.6%), from €1,061 to €27,419
- Gross operating margin -€1,960
down €1,960 (-1.9%), from €105,787 to €103,827
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 | €2,986,816 | €2,981,607 | -€5,210 | -0.2% |
| Fixed assets | 21/28 | €2,628,783 | €2,628,783 | = | 0.0% |
| Tangible fixed assets | 22/27 | €2,628,783 | €2,628,783 | = | 0.0% |
| Land and buildings | 22 | €2,628,783 | €2,628,783 | = | 0.0% |
| Current assets | 29/58 | €358,033 | €352,824 | -€5,210 | -1.5% |
| Cash at bank and in hand | 54/58 | €358,033 | €349,989 | -€8,045 | -2.2% |
| Deferred charges and accrued income | 490/1 | - | €2,835 | +€2,835 | |
| Total equity and liabilities | 10/49 | €2,986,816 | €2,981,607 | -€5,210 | -0.2% |
| Equity | 10/15 | €102,833 | €178,156 | +€75,323 | +73.2% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Capital | 10 | €100,000 | €100,000 | = | 0.0% |
| Issued capital | 100 | €100,000 | €100,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,833 | €78,156 | +€75,323 | +2658.5% |
| Amounts payable | 17/49 | €2,883,983 | €2,803,451 | -€80,532 | -2.8% |
| Amounts payable within one year | 42/48 | €2,883,983 | €2,803,451 | -€80,532 | -2.8% |
| Trade debts | 44 | €515 | - | -€515 | |
| Suppliers | 440/4 | €515 | - | -€515 | |
| Taxes, remuneration and social security | 45 | €1,061 | €27,419 | +€26,358 | +2483.6% |
| Taxes | 450/3 | €1,061 | €27,419 | +€26,358 | +2483.6% |
| Other amounts payable | 47/48 | €2,882,407 | €2,776,031 | -€106,376 | -3.7% |
| Other operating charges | 640/8 | €968 | €1,017 | +€50 | +5.1% |
| Gross operating margin | 9900 | €105,787 | €103,827 | -€1,960 | -1.9% |
| Operating profit (loss) | 9901 | €104,819 | €102,810 | -€2,009 | -1.9% |
| Financial charges | 65/66B | €79 | €68 | -€11 | -14.3% |
| Recurring financial charges | 65 | €79 | €68 | -€11 | -14.3% |
| Profit (loss) for the period before taxes | 9903 | €104,740 | €102,742 | -€1,998 | -1.9% |
| Income taxes | 67/77 | €1,061 | €27,419 | +€26,358 | +2483.6% |
| Profit (loss) for the period | 9904 | €103,679 | €75,323 | -€28,356 | -27.3% |
| Profit (loss) for the period to be appropriated | 9905 | €103,679 | €75,323 | -€28,356 | -27.3% |
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 12 October 2026 via checked.be.