BELLICITE: 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.
BELLICITE
Largest movements
- Tangible fixed assets +€33,363
new in 2025: €33,363
- Receivables within one year -€7,565
down €7,565 (-42.9%), from €17,620 to €10,055
of which Other amounts receivable: -€6,958
- Cash +€6,886
up €6,886 (+3.1%), from €223,543 to €230,429
mainly Tax, wage and social debts (+€16,623) and Debts after one year (+€15,044)
- Tax, wage and social debts +€16,623
up €16,623 (+494.5%), from €3,362 to €19,985
of which Remuneration and social security: +€14,090
- Debts after one year +€15,044
new in 2025: €15,044
- Trade debts -€13,799
down €13,799 (-94.1%), from €14,665 to €866
- Reserves +€9,000
up €9,000 (+16.4%), from €54,860 to €63,860
of which Distributable reserves: +€9,000
- Current portion of long-term debt +€5,457
new in 2025: €5,457
- Depreciation +€5,743
new in 2025: €5,743
- Taxes -€3,137
down €3,137 (-34.8%), from €9,007 to €5,871
- Gross operating margin -€2,198
down €2,198 (-1.8%), from €123,702 to €121,505
- Financial income -€1,987
down €1,987 (-94.3%), from €2,108 to €121
- Staff costs +€1,828
up €1,828 (+1.9%), from €94,244 to €96,072
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 | €241,163 | €273,847 | +€32,684 | +13.6% |
| Fixed assets | 21/28 | - | €33,363 | +€33,363 | |
| Tangible fixed assets | 22/27 | - | €33,363 | +€33,363 | |
| Furniture and vehicles | 24 | - | €33,363 | +€33,363 | |
| Current assets | 29/58 | €241,163 | €240,484 | -€679 | -0.3% |
| Amounts receivable within one year | 40/41 | €17,620 | €10,055 | -€7,565 | -42.9% |
| Trade receivables | 40 | €2,937 | €2,330 | -€607 | -20.7% |
| Other amounts receivable | 41 | €14,683 | €7,725 | -€6,958 | -47.4% |
| Cash at bank and in hand | 54/58 | €223,543 | €230,429 | +€6,886 | +3.1% |
| Total equity and liabilities | 10/49 | €241,163 | €273,847 | +€32,684 | +13.6% |
| Equity | 10/15 | €223,126 | €232,486 | +€9,360 | +4.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €54,860 | €63,860 | +€9,000 | +16.4% |
| 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 | €53,000 | €62,000 | +€9,000 | +17.0% |
| Profit (loss) carried forward | 14 | €162,066 | €162,426 | +€360 | +0.2% |
| Amounts payable | 17/49 | €18,036 | €41,361 | +€23,325 | +129.3% |
| Amounts payable after more than one year | 17 | - | €15,044 | +€15,044 | |
| Financial debts | 170/4 | - | €15,044 | +€15,044 | |
| Amounts payable within one year | 42/48 | €18,036 | €26,317 | +€8,281 | +45.9% |
| Current portion of amounts payable after more than one year | 42 | - | €5,457 | +€5,457 | |
| Trade debts | 44 | €14,665 | €866 | -€13,799 | -94.1% |
| Suppliers | 440/4 | €14,665 | €866 | -€13,799 | -94.1% |
| Taxes, remuneration and social security | 45 | €3,362 | €19,985 | +€16,623 | +494.5% |
| Taxes | 450/3 | €1,733 | €4,267 | +€2,533 | +146.1% |
| Remuneration and social security | 454/9 | €1,628 | €15,718 | +€14,090 | +865.3% |
| Other amounts payable | 47/48 | €9 | €9 | -€0 | -0.1% |
| Remuneration, social security and pensions | 62 | €94,244 | €96,072 | +€1,828 | +1.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €5,743 | +€5,743 | |
| Other operating charges | 640/8 | €1,131 | €2,902 | +€1,771 | +156.5% |
| Gross operating margin | 9900 | €123,702 | €121,505 | -€2,198 | -1.8% |
| Operating profit (loss) | 9901 | €28,327 | €16,788 | -€11,539 | -40.7% |
| Financial income | 75/76B | €2,108 | €121 | -€1,987 | -94.3% |
| Recurring financial income | 75 | €2,108 | €121 | -€1,987 | -94.3% |
| Financial charges | 65/66B | €2,719 | €1,678 | -€1,041 | -38.3% |
| Recurring financial charges | 65 | €2,719 | €1,678 | -€1,041 | -38.3% |
| Profit (loss) for the period before taxes | 9903 | €27,716 | €15,230 | -€12,485 | -45.0% |
| Income taxes | 67/77 | €9,007 | €5,871 | -€3,137 | -34.8% |
| Profit (loss) for the period | 9904 | €18,709 | €9,360 | -€9,349 | -50.0% |
| Profit (loss) for the period to be appropriated | 9905 | €18,709 | €9,360 | -€9,349 | -50.0% |
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 9 October 2026 via checked.be.