Belseelse Boekhandel: what changed
What changed
Belseelse Boekhandel
NACE 47.621, Retail sale of newspapers and periodicals
filed annual accounts (NBB)
Net result for the year
€18,347
2024 · €2,727+€15,620
Equity
€220,537
2024 · €217,090+€3,447
Cash
€162,667
2024 · €110,874+€51,793
Balance sheet total
€292,396
2024 · €242,403+€49,993
Largest movements
Assets
- Cash +€51,793
up €51,793 (+46.7%), from €110,874 to €162,667
mainly Trade debts (+€35,023) and Net result for the year (+€18,347)
- Tangible fixed assets -€4,389
down €4,389 (-23.9%), from €18,390 to €14,002
of which Furniture and vehicles: -€7,314
Equity and liabilities
- Trade debts +€35,023
up €35,023 (+170%), from €20,624 to €55,647
- Other debts +€10,086
up €10,086 (+2,461%), from €410 to €10,495
- Reserves +€3,400
up €3,400 (+1.8%), from €193,704 to €197,104
of which Distributable reserves: +€3,400
Income statement
- Gross operating margin +€8,232
up €8,232 (+30.8%), from €26,698 to €34,930
- Taxes +€7,441
up €7,441 (+295%), from €2,521 to €9,962
- Financial charges -€4,923
down €4,923, from €1,335 to -€3,588
- Depreciation +€589
up €589 (+6.5%), from €9,071 to €9,660
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€2,727
Gross operating margin
+€8,232
Depreciation
-€589
Other operating charges
+€99
Other operating items
+€10,462
Financial income
-€66
Financial charges
+€4,923
Taxes
-€7,441
Result 2025
€18,347
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€72,088
Investment
-€5,272
Financing
-€15,023
Cash 2024
€110,874
From operations (derived)
+€72,088
Net result for the year
+€18,347
Depreciation
+€9,660
Receivables within one year
-€1,261
Deferred charges and accrued income
-€1,327
Trade debts
+€35,023
Tax, wage and social debts
+€1,560
Other debts
+€10,086
Investment (derived)
-€5,272
Investment in fixed assets (net)
-€5,272
Financing
-€15,023
Current portion of long-term debt
-€123
Contributions, distributions and other
-€14,900
Cash 2025
€162,667
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €242,403 | €292,396 | +€49,993 | +20.6% |
| Fixed assets | 21/28 | €19,793 | €15,405 | -€4,389 | -22.2% |
| Tangible fixed assets | 22/27 | €18,390 | €14,002 | -€4,389 | -23.9% |
| Land and buildings | 22 | €602 | €402 | -€201 | -33.3% |
| Plant, machinery and equipment | 23 | €5,484 | €8,611 | +€3,126 | +57.0% |
| Furniture and vehicles | 24 | €12,304 | €4,990 | -€7,314 | -59.4% |
| Financial fixed assets | 28 | €1,403 | €1,403 | = | 0.0% |
| Current assets | 29/58 | €222,610 | €276,991 | +€54,382 | +24.4% |
| Stocks and contracts in progress | 3 | €35,000 | €35,000 | = | 0.0% |
| Stocks | 30/36 | €35,000 | €35,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €41,013 | €42,274 | +€1,261 | +3.1% |
| Trade receivables | 40 | €32,285 | €39,910 | +€7,625 | +23.6% |
| Other amounts receivable | 41 | €8,728 | €2,364 | -€6,363 | -72.9% |
| Cash at bank and in hand | 54/58 | €110,874 | €162,667 | +€51,793 | +46.7% |
| Deferred charges and accrued income | 490/1 | €35,723 | €37,050 | +€1,327 | +3.7% |
| Total equity and liabilities | 10/49 | €242,403 | €292,396 | +€49,993 | +20.6% |
| Equity | 10/15 | €217,090 | €220,537 | +€3,447 | +1.6% |
| Contributions | 10/11 | €18,750 | €18,750 | = | 0.0% |
| Reserves | 13 | €193,704 | €197,104 | +€3,400 | +1.8% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €193,704 | €197,104 | +€3,400 | +1.8% |
| Profit (loss) carried forward | 14 | €4,636 | €4,683 | +€47 | +1.0% |
| Amounts payable | 17/49 | €25,313 | €71,859 | +€46,546 | +184% |
| Amounts payable within one year | 42/48 | €24,813 | €71,359 | +€46,546 | +188% |
| Current portion of amounts payable after more than one year | 42 | €3,509 | €3,387 | -€123 | -3.5% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €20,624 | €55,647 | +€35,023 | +170% |
| Suppliers | 440/4 | €20,624 | €55,647 | +€35,023 | +170% |
| Taxes, remuneration and social security | 45 | €270 | €1,830 | +€1,560 | +578% |
| Taxes | 450/3 | €270 | €1,830 | +€1,560 | +578% |
| Other amounts payable | 47/48 | €410 | €10,495 | +€10,086 | +2,461% |
| Accrued charges and deferred income | 492/3 | €500 | €500 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,071 | €9,660 | +€589 | +6.5% |
| Other operating charges | 640/8 | €968 | €869 | -€99 | -10.2% |
| Non-recurring operating charges | 66A | €10,462 | €0 | -€10,462 | -100% |
| Gross operating margin | 9900 | €26,698 | €34,930 | +€8,232 | +30.8% |
| Operating profit (loss) | 9901 | €6,197 | €24,401 | +€18,204 | +294% |
| Financial income | 75/76B | €386 | €319 | -€66 | -17.2% |
| Recurring financial income | 75 | €386 | €319 | -€66 | -17.2% |
| Financial charges | 65/66B | €1,335 | -€3,588 | -€4,923 | |
| Recurring financial charges | 65 | €1,335 | -€3,588 | -€4,923 | |
| Profit (loss) for the period before taxes | 9903 | €5,248 | €28,308 | +€23,060 | +439% |
| Income taxes | 67/77 | €2,521 | €9,962 | +€7,441 | +295% |
| Profit (loss) for the period | 9904 | €2,727 | €18,347 | +€15,620 | +573% |
| Profit (loss) for the period to be appropriated | 9905 | €2,727 | €18,347 | +€15,620 | +573% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.