BELLO Media: what changed
BELLO Media
Largest movements
- Receivables within one year -€44,303
down €44,303 (-40.1%), from €110,421 to €66,119
of which Trade receivables: -€52,937
- Tangible fixed assets -€7,590
down €7,590 (-26.2%), from €28,961 to €21,371
of which Furniture and vehicles: -€5,753
- Cash -€2,817
down €2,817 (-2.1%), from €134,083 to €131,266
mainly Trade debts (-€28,484) and Net result for the year (-€18,497)
- Trade debts -€28,484
down €28,484 (-50.1%), from €56,881 to €28,397
- Profit (loss) carried forward -€18,497
down €18,497 (-23.4%), from -€79,102 to -€97,599
- Current portion of long-term debt -€4,980
no longer reported in 2026 (was €4,980)
- Purchases and services +€171,258
new in 2026: €171,258
- Gross operating margin -€38,547
down €38,547, from €36,115 to -€2,432
- Financial charges -€7,457
down €7,457 (-56.2%), from €13,275 to €5,818
- Financial income +€2,718
up €2,718 (+23,247%), from €12 to €2,729
- Depreciation -€1,681
down €1,681 (-17.2%), from €9,751 to €8,069
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €276,221 | €222,856 | -€53,365 | -19.3% |
| Fixed assets | 21/28 | €29,319 | €21,729 | -€7,590 | -25.9% |
| Tangible fixed assets | 22/27 | €28,961 | €21,371 | -€7,590 | -26.2% |
| Furniture and vehicles | 24 | €20,583 | €14,831 | -€5,753 | -27.9% |
| Other tangible fixed assets | 26 | €8,378 | €6,540 | -€1,838 | -21.9% |
| Financial fixed assets | 28 | €358 | €358 | = | 0.0% |
| Current assets | 29/58 | €246,902 | €201,127 | -€45,775 | -18.5% |
| Amounts receivable within one year | 40/41 | €110,421 | €66,119 | -€44,303 | -40.1% |
| Trade receivables | 40 | €89,078 | €36,141 | -€52,937 | -59.4% |
| Other amounts receivable | 41 | €21,343 | €29,978 | +€8,635 | +40.5% |
| Cash at bank and in hand | 54/58 | €134,083 | €131,266 | -€2,817 | -2.1% |
| Deferred charges and accrued income | 490/1 | €2,398 | €3,743 | +€1,345 | +56.1% |
| Total equity and liabilities | 10/49 | €276,221 | €222,856 | -€53,365 | -19.3% |
| Equity | 10/15 | €171,349 | €152,852 | -€18,497 | -10.8% |
| Contributions | 10/11 | €218,592 | €218,592 | = | 0.0% |
| Contributions outside capital | 11 | €218,592 | €218,592 | = | 0.0% |
| Other | 1109/19 | €218,592 | €218,592 | = | 0.0% |
| Reserves | 13 | €31,859 | €31,859 | = | 0.0% |
| Non-distributable reserves | 130/1 | €31,859 | €31,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €31,859 | €31,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€79,102 | -€97,599 | -€18,497 | -23.4% |
| Amounts payable | 17/49 | €104,872 | €70,004 | -€34,868 | -33.2% |
| Amounts payable within one year | 42/48 | €104,872 | €70,004 | -€34,868 | -33.2% |
| Current portion of amounts payable after more than one year | 42 | €4,980 | - | -€4,980 | |
| Trade debts | 44 | €56,881 | €28,397 | -€28,484 | -50.1% |
| Suppliers | 440/4 | €56,881 | €28,397 | -€28,484 | -50.1% |
| Taxes, remuneration and social security | 45 | €43,011 | €41,607 | -€1,404 | -3.3% |
| Taxes | 450/3 | €43,011 | €41,607 | -€1,404 | -3.3% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €171,258 | +€171,258 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,751 | €8,069 | -€1,681 | -17.2% |
| Other operating charges | 640/8 | €958 | €758 | -€200 | -20.9% |
| Gross operating margin | 9900 | €36,115 | -€2,432 | -€38,547 | |
| Operating profit (loss) | 9901 | €25,406 | -€11,259 | -€36,665 | |
| Financial income | 75/76B | €12 | €2,729 | +€2,718 | +23,247% |
| Recurring financial income | 75 | €12 | €2,729 | +€2,718 | +23,247% |
| Financial charges | 65/66B | €13,275 | €5,818 | -€7,457 | -56.2% |
| Recurring financial charges | 65 | €13,275 | €5,818 | -€7,457 | -56.2% |
| Profit (loss) for the period before taxes | 9903 | €12,142 | -€14,349 | -€26,491 | |
| Income taxes | 67/77 | €3,496 | €4,148 | +€652 | +18.7% |
| Profit (loss) for the period | 9904 | €8,646 | -€18,497 | -€27,143 | |
| Profit (loss) for the period to be appropriated | 9905 | €8,646 | -€18,497 | -€27,143 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 January 2025 and 31 January 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 5 November 2026 via checked.be.