BELLECOM: 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.
BELLECOM
Largest movements
- Tangible fixed assets -€770,531
down €770,531 (-3.0%), from €25.9m to €25.1m
- Profit (loss) carried forward -€1.1m
down €1.1m (-38.2%), from -€2.9m to -€4.1m
- Accrued charges and deferred income +€870,778
up €870,778 (+112.3%), from €775,306 to €1.6m
- Other debts -€647,738
no longer reported in 2024 (was €647,738)
- Gross operating margin +€390,698
up €390,698 (+131.4%), from €297,243 to €687,940
- Other operating charges +€185,701
up €185,701 (+16052.7%), from €1,157 to €186,858
- Financial charges +€41,033
up €41,033 (+5.3%), from €772,956 to €813,988
- Depreciation -€29,078
down €29,078 (-3.5%), from €838,179 to €809,100
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €28,491,371 | €27,415,816 | -€1.1m | -3.8% |
| Fixed assets | 21/28 | €25,919,769 | €25,149,238 | -€770,531 | -3.0% |
| Tangible fixed assets | 22/27 | €25,919,769 | €25,149,238 | -€770,531 | -3.0% |
| Land and buildings | 22 | €25,919,769 | €25,149,238 | -€770,531 | -3.0% |
| Current assets | 29/58 | €2,571,603 | €2,266,578 | -€305,025 | -11.9% |
| Amounts receivable within one year | 40/41 | €116,184 | €147,395 | +€31,211 | +26.9% |
| Trade receivables | 40 | €15,505 | €59,065 | +€43,560 | +280.9% |
| Other amounts receivable | 41 | €100,678 | €88,330 | -€12,349 | -12.3% |
| Cash at bank and in hand | 54/58 | €1,734,533 | €1,546,536 | -€187,997 | -10.8% |
| Deferred charges and accrued income | 490/1 | €720,886 | €572,647 | -€148,239 | -20.6% |
| Total equity and liabilities | 10/49 | €28,491,371 | €27,415,816 | -€1.1m | -3.8% |
| Equity | 10/15 | €2,180,855 | €1,058,849 | -€1.1m | -51.4% |
| Contributions | 10/11 | €5,120,000 | €5,120,000 | = | 0.0% |
| Capital | 10 | €5,120,000 | €5,120,000 | = | 0.0% |
| Issued capital | 100 | €5,120,000 | €5,120,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,939,145 | -€4,061,151 | -€1.1m | -38.2% |
| Amounts payable | 17/49 | €26,310,516 | €26,356,967 | +€46,451 | +0.2% |
| Amounts payable after more than one year | 17 | €24,338,103 | €24,338,103 | = | 0.0% |
| Financial debts | 170/4 | €24,243,163 | €24,243,163 | = | 0.0% |
| Other amounts payable | 178/9 | €94,940 | €94,940 | = | 0.0% |
| Amounts payable within one year | 42/48 | €1,197,107 | €372,780 | -€824,327 | -68.9% |
| Trade debts | 44 | €549,369 | €372,780 | -€176,589 | -32.1% |
| Suppliers | 440/4 | €549,369 | €372,780 | -€176,589 | -32.1% |
| Other amounts payable | 47/48 | €647,738 | - | -€647,738 | |
| Accrued charges and deferred income | 492/3 | €775,306 | €1,646,084 | +€870,778 | +112.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €838,179 | €809,100 | -€29,078 | -3.5% |
| Other operating charges | 640/8 | €1,157 | €186,858 | +€185,701 | +16052.7% |
| Gross operating margin | 9900 | €297,243 | €687,940 | +€390,698 | +131.4% |
| Operating profit (loss) | 9901 | -€542,093 | -€308,018 | +€234,075 | +43.2% |
| Financial charges | 65/66B | €772,956 | €813,988 | +€41,033 | +5.3% |
| Recurring financial charges | 65 | €772,956 | €813,988 | +€41,033 | +5.3% |
| Profit (loss) for the period before taxes | 9903 | -€1,315,049 | -€1,122,006 | +€193,042 | +14.7% |
| Profit (loss) for the period | 9904 | -€1,315,049 | -€1,122,006 | +€193,042 | +14.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,315,049 | -€1,122,006 | +€193,042 | +14.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.