BELNEUVE: 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.
BELNEUVE
Largest movements
- Receivables within one year -€1,177
no longer reported in 2025 (was €1,177)
of which Other amounts receivable: -€591
- Debts after one year +€64,018
up €64,018 (+4.6%), from €1.4m to €1.5m
- Tax, wage and social debts -€38,730
no longer reported in 2025 (was €38,730)
of which Remuneration and social security: -€38,613
- Profit (loss) carried forward -€16,305
down €16,305 (-0.7%), from -€2.5m to -€2.5m
- Trade debts -€9,193
no longer reported in 2025 (was €9,193)
- Accrued charges and deferred income -€968
no longer reported in 2025 (was €968)
- Staff costs -€29,723
no longer reported in 2025 (was €29,723)
- Financial charges -€8,434
down €8,434 (-87.1%), from €9,687 to €1,253
- Other operating charges +€6,531
up €6,531 (+93.2%), from €7,008 to €13,539
- Gross operating margin +€4,516
up €4,516 (+74.9%), from -€6,028 to -€1,513
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.
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 | €1,177 | - | -€1,177 | |
| Current assets | 29/58 | €1,177 | - | -€1,177 | |
| Amounts receivable within one year | 40/41 | €1,177 | - | -€1,177 | |
| Trade receivables | 40 | €586 | - | -€586 | |
| Other amounts receivable | 41 | €591 | - | -€591 | |
| Total equity and liabilities | 10/49 | €1,177 | - | -€1,177 | |
| Equity | 10/15 | -€1,454,213 | -€1,470,518 | -€16,305 | -1.1% |
| Contributions | 10/11 | €1,000,000 | €1,000,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,454,213 | -€2,470,518 | -€16,305 | -0.7% |
| Amounts payable | 17/49 | €1,455,390 | €1,470,518 | +€15,128 | +1.0% |
| Amounts payable after more than one year | 17 | €1,406,500 | €1,470,518 | +€64,018 | +4.6% |
| Other amounts payable | 178/9 | €1,406,500 | €1,470,518 | +€64,018 | +4.6% |
| Amounts payable within one year | 42/48 | €47,923 | - | -€47,923 | |
| Trade debts | 44 | €9,193 | - | -€9,193 | |
| Suppliers | 440/4 | €9,193 | - | -€9,193 | |
| Taxes, remuneration and social security | 45 | €38,730 | - | -€38,730 | |
| Taxes | 450/3 | €117 | - | -€117 | |
| Remuneration and social security | 454/9 | €38,613 | - | -€38,613 | |
| Accrued charges and deferred income | 492/3 | €968 | - | -€968 | |
| Non-recurring operating income | 76A | €4,354 | - | -€4,354 | |
| Remuneration, social security and pensions | 62 | €29,723 | - | -€29,723 | |
| Other operating charges | 640/8 | €7,008 | €13,539 | +€6,531 | +93.2% |
| Gross operating margin | 9900 | -€6,028 | -€1,513 | +€4,516 | +74.9% |
| Operating profit (loss) | 9901 | -€42,759 | -€15,051 | +€27,708 | +64.8% |
| Financial charges | 65/66B | €9,687 | €1,253 | -€8,434 | -87.1% |
| Recurring financial charges | 65 | €9,687 | €1,253 | -€8,434 | -87.1% |
| Profit (loss) for the period before taxes | 9903 | -€52,446 | -€16,305 | +€36,142 | +68.9% |
| Profit (loss) for the period | 9904 | -€52,446 | -€16,305 | +€36,142 | +68.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€52,446 | -€16,305 | +€36,142 | +68.9% |
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 13 October 2026 via checked.be.