BELLIPORC: 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.
What changed
BELLIPORC
NACE 46.321, Wholesale of meat and meat products, excluding game and poultry
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€109,179
2024 · €4,454+€104,724
Equity
-€507,401
2024 · -€616,579+€109,179
Cash
-
not filed
Balance sheet total
€1.1m
2024 · €2.4m-€1.3m
Largest movements
Assets
- Receivables within one year -€1.3m
down €1.3m (-62.8%), from €2.1m to €788,278
of which Other amounts receivable: -€751,632
- Stocks and contracts +€39,974
up €39,974 (+15.0%), from €266,107 to €306,081
Equity and liabilities
- Other debts -€1.1m
down €1.1m (-72.3%), from €1.5m to €417,699
- Short-term financial debts -€434,550
down €434,550 (-68.4%), from €634,861 to €200,311
- Trade debts +€121,225
up €121,225 (+16.3%), from €744,145 to €865,370
- Profit (loss) carried forward +€109,179
up €109,179 (+6.1%), from -€1.8m to -€1.7m
Income statement
- Goods and materials -€1.7m
down €1.7m (-15.2%), from €11.3m to €9.6m
of which Purchases: -€1.7m
- Turnover -€1.4m
down €1.4m (-10.3%), from €13.2m to €11.8m
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.
Result 2024
€4,454
Turnover
-€1.4m
Other operating income
-€112,630
Goods and materials
+€1.7m
Services and other goods
+€2,663
Staff costs
-€100,807
Write-downs
+€88,442
Other operating charges
-€100,237
Other operating items
-€57,775
Financial income
+€985
Financial charges
+€25,341
Taxes
+€10
Result 2025
€109,179
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,387,453 | €1,095,201 | -€1.3m | -54.1% |
| Current assets | 29/58 | €2,387,453 | €1,095,201 | -€1.3m | -54.1% |
| Stocks and contracts in progress | 3 | €266,107 | €306,081 | +€39,974 | +15.0% |
| Stocks | 30/36 | €266,107 | €306,081 | +€39,974 | +15.0% |
| Raw materials and consumables | 30/31 | - | €29,793 | +€29,793 | |
| Work in progress | 32 | €44,487 | €42,285 | -€2,201 | -4.9% |
| Finished goods | 33 | €221,620 | €234,003 | +€12,383 | +5.6% |
| Amounts receivable within one year | 40/41 | €2,119,866 | €788,278 | -€1.3m | -62.8% |
| Trade receivables | 40 | €1,306,661 | €726,705 | -€579,956 | -44.4% |
| Other amounts receivable | 41 | €813,205 | €61,573 | -€751,632 | -92.4% |
| Deferred charges and accrued income | 490/1 | €1,480 | €843 | -€638 | -43.1% |
| Total equity and liabilities | 10/49 | €2,387,453 | €1,095,201 | -€1.3m | -54.1% |
| Equity | 10/15 | -€616,579 | -€507,401 | +€109,179 | +17.7% |
| Contributions | 10/11 | €1,159,300 | €1,159,300 | = | 0.0% |
| Capital | 10 | €1,159,300 | €1,159,300 | = | 0.0% |
| Issued capital | 100 | €1,159,300 | €1,159,300 | = | 0.0% |
| Reserves | 13 | €918 | €918 | = | 0.0% |
| Non-distributable reserves | 130/1 | €918 | €918 | = | 0.0% |
| Legal reserve | 130 | €918 | €918 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,776,797 | -€1,667,619 | +€109,179 | +6.1% |
| Amounts payable | 17/49 | €3,004,032 | €1,602,602 | -€1.4m | -46.7% |
| Amounts payable within one year | 42/48 | €2,987,732 | €1,595,027 | -€1.4m | -46.6% |
| Financial debts | 43 | €634,861 | €200,311 | -€434,550 | -68.4% |
| Credit institutions | 430/8 | €634,861 | €200,311 | -€434,550 | -68.4% |
| Trade debts | 44 | €744,145 | €865,370 | +€121,225 | +16.3% |
| Suppliers | 440/4 | €744,145 | €865,370 | +€121,225 | +16.3% |
| Taxes, remuneration and social security | 45 | €99,864 | €111,646 | +€11,783 | +11.8% |
| Taxes | 450/3 | €11,614 | €13,138 | +€1,524 | +13.1% |
| Remuneration and social security | 454/9 | €88,249 | €98,508 | +€10,259 | +11.6% |
| Other amounts payable | 47/48 | €1,508,861 | €417,699 | -€1.1m | -72.3% |
| Accrued charges and deferred income | 492/3 | €16,300 | €7,575 | -€8,725 | -53.5% |
| Operating income | 70/76A | €13,510,480 | €11,982,834 | -€1.5m | -11.3% |
| Turnover | 70 | €13,192,989 | €11,835,747 | -€1.4m | -10.3% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €74,109 | €10,181 | -€63,928 | -86.3% |
| Other operating income | 74 | €243,383 | €130,753 | -€112,630 | -46.3% |
| Non-recurring operating income | 76A | - | €6,153 | +€6,153 | |
| Operating charges | 60/66A | €13,416,101 | €11,810,066 | -€1.6m | -12.0% |
| Goods for resale, raw materials and consumables | 60 | €11,297,653 | €9,581,680 | -€1.7m | -15.2% |
| Purchases | 600/8 | €11,297,653 | €9,611,472 | -€1.7m | -14.9% |
| Change in stocks: decrease (increase) | 609 | - | -€29,793 | -€29,793 | |
| Services and other goods | 61 | €1,618,208 | €1,615,544 | -€2,663 | -0.2% |
| Remuneration, social security and pensions | 62 | €497,580 | €598,386 | +€100,807 | +20.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€41,697 | -€130,139 | -€88,442 | -212% |
| Other operating charges | 640/8 | €44,358 | €144,595 | +€100,237 | +226% |
| Operating profit (loss) | 9901 | €94,379 | €172,768 | +€78,388 | +83.1% |
| Financial income | 75/76B | €8,300 | €9,285 | +€985 | +11.9% |
| Recurring financial income | 75 | €8,300 | €9,285 | +€985 | +11.9% |
| Income from current assets | 751 | €8,292 | €8,915 | +€623 | +7.5% |
| Other financial income | 752/9 | €9 | €370 | +€362 | +4,138% |
| Financial charges | 65/66B | €97,989 | €72,648 | -€25,341 | -25.9% |
| Recurring financial charges | 65 | €97,989 | €72,648 | -€25,341 | -25.9% |
| Debt charges | 650 | €89,243 | €64,373 | -€24,870 | -27.9% |
| Other financial charges | 652/9 | €8,746 | €8,275 | -€471 | -5.4% |
| Profit (loss) for the period before taxes | 9903 | €4,691 | €109,405 | +€104,714 | +2,232% |
| Income taxes | 67/77 | €237 | €226 | -€10 | -4.3% |
| Taxes | 670/3 | €237 | €226 | -€10 | -4.3% |
| Profit (loss) for the period | 9904 | €4,454 | €109,179 | +€104,724 | +2,351% |
| Profit (loss) for the period to be appropriated | 9905 | €4,454 | €109,179 | +€104,724 | +2,351% |
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 15 October 2026 via checked.be.