BELLINKX: 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.
BELLINKX
Largest movements
- Receivables within one year -€11,725
down €11,725 (-9.2%), from €126,883 to €115,159
of which Other amounts receivable: -€8,831
- Stocks and contracts +€5,831
up €5,831 (+137%), from €4,260 to €10,092
- Cash -€5,228
down €5,228 (-7.7%), from €67,876 to €62,647
mainly Other debts (-€7,132) and Stocks and contracts (-€5,831)
- Other debts -€7,132
down €7,132 (-7.1%), from €100,717 to €93,584
- Profit (loss) carried forward -€3,176
down €3,176 (-8.4%), from €38,019 to €34,844
- Gross operating margin -€98,231
down €98,231, from €98,010 to -€221
- Taxes -€19,538
down €19,538 (-99.2%), from €19,701 to €163
From the 2022 result to the 2023 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.
Derived cash bridge
Derived from the 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €205,230 | €194,518 | -€10,712 | -5.2% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €3,998 | €4,550 | +€551 | +13.8% |
| Tangible fixed assets | 22/27 | €3,998 | €4,550 | +€551 | +13.8% |
| Plant, machinery and equipment | 23 | €857 | €1,670 | +€813 | +94.9% |
| Furniture and vehicles | 24 | €0 | €326 | +€326 | |
| Other tangible fixed assets | 26 | €3,142 | €2,554 | -€588 | -18.7% |
| Current assets | 29/58 | €201,231 | €189,968 | -€11,263 | -5.6% |
| Stocks and contracts in progress | 3 | €4,260 | €10,092 | +€5,831 | +137% |
| Stocks | 30/36 | €4,260 | €10,092 | +€5,831 | +137% |
| Amounts receivable within one year | 40/41 | €126,883 | €115,159 | -€11,725 | -9.2% |
| Trade receivables | 40 | €110,071 | €107,177 | -€2,894 | -2.6% |
| Other amounts receivable | 41 | €16,812 | €7,982 | -€8,831 | -52.5% |
| Cash at bank and in hand | 54/58 | €67,876 | €62,647 | -€5,228 | -7.7% |
| Deferred charges and accrued income | 490/1 | €2,212 | €2,071 | -€141 | -6.4% |
| Total equity and liabilities | 10/49 | €205,230 | €194,518 | -€10,712 | -5.2% |
| Equity | 10/15 | €78,347 | €75,172 | -€3,176 | -4.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €21,728 | €21,728 | = | 0.0% |
| 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 | €19,868 | €19,868 | = | 0.0% |
| Profit (loss) carried forward | 14 | €38,019 | €34,844 | -€3,176 | -8.4% |
| Amounts payable | 17/49 | €126,882 | €119,346 | -€7,536 | -5.9% |
| Amounts payable within one year | 42/48 | €126,882 | €119,346 | -€7,536 | -5.9% |
| Trade debts | 44 | €13,470 | €12,337 | -€1,133 | -8.4% |
| Suppliers | 440/4 | €13,470 | €12,337 | -€1,133 | -8.4% |
| Taxes, remuneration and social security | 45 | €12,695 | €13,425 | +€730 | +5.7% |
| Taxes | 450/3 | €12,695 | €13,425 | +€730 | +5.7% |
| Other amounts payable | 47/48 | €100,717 | €93,584 | -€7,132 | -7.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €963 | €1,248 | +€285 | +29.6% |
| Other operating charges | 640/8 | €1,408 | €1,334 | -€74 | -5.2% |
| Gross operating margin | 9900 | €98,010 | -€221 | -€98,231 | |
| Operating profit (loss) | 9901 | €95,638 | -€2,804 | -€98,442 | |
| Financial income | 75/76B | €38 | €176 | +€138 | +359% |
| Recurring financial income | 75 | €38 | €176 | +€138 | +359% |
| Financial charges | 65/66B | €141 | €385 | +€244 | +174% |
| Recurring financial charges | 65 | €141 | €385 | +€244 | +174% |
| Profit (loss) for the period before taxes | 9903 | €95,536 | -€3,013 | -€98,548 | |
| Income taxes | 67/77 | €19,701 | €163 | -€19,538 | -99.2% |
| Profit (loss) for the period | 9904 | €75,835 | -€3,176 | -€79,011 | |
| Profit (loss) for the period to be appropriated | 9905 | €75,835 | -€3,176 | -€79,011 |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.