Belle Screen: what changed
Two fiscal 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 Screen
Largest movements
- Receivables after one year -€119,505
down €119,505 (-100.0%), from €119,505 to €0
- Cash -€58,408
down €58,408 (-19.5%), from €298,911 to €240,503
mainly Other debts (-€155,861) and Contributions, distributions and other (-€140,000)
- Receivables within one year -€46,709
down €46,709 (-15.2%), from €308,292 to €261,583
of which Other amounts receivable: -€97,522
- Tangible fixed assets +€17,391
up €17,391 (+26.1%), from €66,593 to €83,984
of which Leasing and similar rights: +€42,104
- Other debts -€155,861
down €155,861 (-52.0%), from €300,000 to €144,139
- Reserves -€119,214
down €119,214 (-26.0%), from €458,984 to €339,770
of which Distributable reserves: -€119,214
- Debts after one year +€34,089
up €34,089, from €0 to €34,089
- Tax, wage and social debts +€19,155
up €19,155 (+57.0%), from €33,603 to €52,758
of which Taxes: +€20,537
- Gross operating margin +€36,983
up €36,983 (+26.9%), from €137,598 to €174,581
- Other operating charges +€3,064
up €3,064 (+177.0%), from €1,732 to €4,795
- Write-downs -€2,495
new in 2025: -€2,495
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 | €849,965 | €637,766 | -€212,200 | -25.0% |
| Fixed assets | 21/28 | €67,430 | €84,099 | +€16,669 | +24.7% |
| Intangible fixed assets | 21 | €722 | €0 | -€722 | -100.0% |
| Tangible fixed assets | 22/27 | €66,593 | €83,984 | +€17,391 | +26.1% |
| Plant, machinery and equipment | 23 | €65,188 | €40,915 | -€24,272 | -37.2% |
| Furniture and vehicles | 24 | €1,405 | €964 | -€441 | -31.4% |
| Leasing and similar rights | 25 | - | €42,104 | +€42,104 | |
| Financial fixed assets | 28 | €115 | €115 | = | 0.0% |
| Current assets | 29/58 | €782,535 | €553,667 | -€228,868 | -29.2% |
| Amounts receivable after more than one year | 29 | €119,505 | €0 | -€119,505 | -100.0% |
| Other amounts receivable | 291 | €119,505 | €0 | -€119,505 | -100.0% |
| Stocks and contracts in progress | 3 | €47,132 | €41,869 | -€5,262 | -11.2% |
| Stocks | 30/36 | €47,132 | €41,869 | -€5,262 | -11.2% |
| Amounts receivable within one year | 40/41 | €308,292 | €261,583 | -€46,709 | -15.2% |
| Trade receivables | 40 | €72,369 | €123,182 | +€50,813 | +70.2% |
| Other amounts receivable | 41 | €235,924 | €138,402 | -€97,522 | -41.3% |
| Cash at bank and in hand | 54/58 | €298,911 | €240,503 | -€58,408 | -19.5% |
| Deferred charges and accrued income | 490/1 | €8,695 | €9,711 | +€1,016 | +11.7% |
| Total equity and liabilities | 10/49 | €849,965 | €637,766 | -€212,200 | -25.0% |
| Equity | 10/15 | €465,184 | €345,970 | -€119,214 | -25.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €458,984 | €339,770 | -€119,214 | -26.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €458,984 | €339,770 | -€119,214 | -26.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €384,781 | €291,795 | -€92,986 | -24.2% |
| Amounts payable after more than one year | 17 | €0 | €34,089 | +€34,089 | |
| Financial debts | 170/4 | €0 | €34,089 | +€34,089 | |
| Amounts payable within one year | 42/48 | €383,814 | €256,739 | -€127,075 | -33.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | €8,252 | +€8,252 | |
| Trade debts | 44 | €50,078 | €51,590 | +€1,512 | +3.0% |
| Suppliers | 440/4 | €50,078 | €51,590 | +€1,512 | +3.0% |
| Advances received on contracts in progress | 46 | €133 | €0 | -€133 | -100.0% |
| Taxes, remuneration and social security | 45 | €33,603 | €52,758 | +€19,155 | +57.0% |
| Taxes | 450/3 | €13,426 | €33,963 | +€20,537 | +153.0% |
| Remuneration and social security | 454/9 | €20,178 | €18,795 | -€1,382 | -6.9% |
| Other amounts payable | 47/48 | €300,000 | €144,139 | -€155,861 | -52.0% |
| Accrued charges and deferred income | 492/3 | €967 | €967 | = | 0.0% |
| Non-recurring operating income | 76A | - | €1,396 | +€1,396 | |
| Remuneration, social security and pensions | 62 | €128,364 | €126,771 | -€1,593 | -1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,725 | €29,868 | +€1,143 | +4.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€2,495 | -€2,495 | |
| Other operating charges | 640/8 | €1,732 | €4,795 | +€3,064 | +177.0% |
| Gross operating margin | 9900 | €137,598 | €174,581 | +€36,983 | +26.9% |
| Operating profit (loss) | 9901 | -€21,223 | €15,642 | +€36,864 | |
| Financial income | 75/76B | €6,532 | €8,207 | +€1,675 | +25.7% |
| Recurring financial income | 75 | €6,532 | €8,207 | +€1,675 | +25.7% |
| Financial charges | 65/66B | €1,650 | €2,647 | +€996 | +60.4% |
| Recurring financial charges | 65 | €1,650 | €2,647 | +€996 | +60.4% |
| Profit (loss) for the period before taxes | 9903 | -€16,341 | €21,202 | +€37,543 | |
| Income taxes | 67/77 | €383 | €416 | +€32 | +8.5% |
| Profit (loss) for the period | 9904 | -€16,724 | €20,786 | +€37,511 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,724 | €20,786 | +€37,511 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.