BELOFARM: what changed
Two fiscal 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.
BELOFARM
Largest movements
- Receivables within one year +€67,063
up €67,063 (+526.3%), from €12,743 to €79,805
of which Trade receivables: +€67,063
- Financial fixed assets +€22,500
new in 2024: €22,500
- Cash +€2,043
new in 2024: €2,043
mainly Other debts (+€45,630) and Net result for the year (+€23,910)
- Other debts +€45,630
new in 2024: €45,630
- Profit (loss) carried forward +€23,910
up €23,910, from -€2,258 to €21,652
- Trade debts +€12,106
new in 2024: €12,106
- Tax, wage and social debts +€9,960
new in 2024: €9,960
- Gross operating margin +€32,112
up €32,112, from -€2,258 to €29,855
- Taxes +€5,428
new in 2024: €5,428
- Other operating charges +€410
new in 2024: €410
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €12,743 | €104,348 | +€91,606 | +718.9% |
| Fixed assets | 21/28 | - | €22,500 | +€22,500 | |
| Financial fixed assets | 28 | - | €22,500 | +€22,500 | |
| Current assets | 29/58 | €12,743 | €81,848 | +€69,106 | +542.3% |
| Amounts receivable within one year | 40/41 | €12,743 | €79,805 | +€67,063 | +526.3% |
| Trade receivables | 40 | - | €67,063 | +€67,063 | |
| Other amounts receivable | 41 | €12,743 | €12,743 | = | 0.0% |
| Cash at bank and in hand | 54/58 | - | €2,043 | +€2,043 | |
| Total equity and liabilities | 10/49 | €12,743 | €104,348 | +€91,606 | +718.9% |
| Equity | 10/15 | €12,743 | €36,652 | +€23,910 | +187.6% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,258 | €21,652 | +€23,910 | |
| Amounts payable | 17/49 | - | €67,696 | +€67,696 | |
| Amounts payable within one year | 42/48 | - | €67,696 | +€67,696 | |
| Trade debts | 44 | - | €12,106 | +€12,106 | |
| Suppliers | 440/4 | - | €12,106 | +€12,106 | |
| Taxes, remuneration and social security | 45 | - | €9,960 | +€9,960 | |
| Taxes | 450/3 | - | €9,960 | +€9,960 | |
| Other amounts payable | 47/48 | - | €45,630 | +€45,630 | |
| Other operating charges | 640/8 | - | €410 | +€410 | |
| Gross operating margin | 9900 | -€2,258 | €29,855 | +€32,112 | |
| Operating profit (loss) | 9901 | -€2,258 | €29,445 | +€31,703 | |
| Financial charges | 65/66B | - | €108 | +€108 | |
| Recurring financial charges | 65 | - | €108 | +€108 | |
| Profit (loss) for the period before taxes | 9903 | -€2,258 | €29,337 | +€31,595 | |
| Income taxes | 67/77 | - | €5,428 | +€5,428 | |
| Profit (loss) for the period | 9904 | -€2,258 | €23,910 | +€26,167 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,258 | €23,910 | +€26,167 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.