DE BEL INTERIEUR: 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.
DE BEL INTERIEUR
Largest movements
- Receivables within one year -€28,833
down €28,833 (-57.8%), from €49,894 to €21,061
of which Trade receivables: -€27,091
- Current investments +€28,287
up €28,287 (+5.9%), from €475,716 to €504,003
- Tangible fixed assets +€24,299
up €24,299 (+14.7%), from €164,753 to €189,051
of which Furniture and vehicles: +€29,169
- Stocks and contracts +€11,406
up €11,406 (+113%), from €10,114 to €21,520
- Reserves +€39,600
up €39,600 (+6.7%), from €586,792 to €626,392
of which Distributable reserves: +€39,600
- Debts after one year -€9,000
down €9,000 (-25.0%), from €36,000 to €27,000
- Trade debts +€8,985
up €8,985 (+68.6%), from €13,099 to €22,084
- Gross operating margin +€25,236
up €25,236 (+9.9%), from €255,848 to €281,084
- Depreciation -€17,002
down €17,002 (-36.8%), from €46,160 to €29,158
- Taxes +€9,139
up €9,139 (+21.5%), from €42,588 to €51,727
- Financial income +€3,562
up €3,562 (+54.6%), from €6,525 to €10,087
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
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €707,186 | €742,913 | +€35,727 | +5.1% |
| Fixed assets | 21/28 | €164,753 | €189,051 | +€24,299 | +14.7% |
| Tangible fixed assets | 22/27 | €164,753 | €189,051 | +€24,299 | +14.7% |
| Land and buildings | 22 | €93,084 | €88,247 | -€4,838 | -5.2% |
| Plant, machinery and equipment | 23 | €5,088 | €5,055 | -€33 | -0.7% |
| Furniture and vehicles | 24 | €66,580 | €95,749 | +€29,169 | +43.8% |
| Current assets | 29/58 | €542,433 | €553,861 | +€11,428 | +2.1% |
| Stocks and contracts in progress | 3 | €10,114 | €21,520 | +€11,406 | +113% |
| Stocks | 30/36 | €10,114 | €21,520 | +€11,406 | +113% |
| Amounts receivable within one year | 40/41 | €49,894 | €21,061 | -€28,833 | -57.8% |
| Trade receivables | 40 | €47,365 | €20,274 | -€27,091 | -57.2% |
| Other amounts receivable | 41 | €2,529 | €787 | -€1,742 | -68.9% |
| Current investments | 50/53 | €475,716 | €504,003 | +€28,287 | +5.9% |
| Cash at bank and in hand | 54/58 | €6,709 | €7,278 | +€569 | +8.5% |
| Total equity and liabilities | 10/49 | €707,186 | €742,913 | +€35,727 | +5.1% |
| Equity | 10/15 | €596,851 | €636,465 | +€39,615 | +6.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €586,792 | €626,392 | +€39,600 | +6.7% |
| Tax-exempt reserves | 132 | €2,398 | €2,398 | = | 0.0% |
| Distributable reserves | 133 | €584,394 | €623,994 | +€39,600 | +6.8% |
| Profit (loss) carried forward | 14 | €3,859 | €3,873 | +€15 | +0.4% |
| Provisions and deferred taxes | 16 | €27,357 | €27,357 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €27,357 | €27,357 | = | 0.0% |
| Other liabilities and charges | 164/5 | €27,357 | €27,357 | = | 0.0% |
| Amounts payable | 17/49 | €82,978 | €79,091 | -€3,888 | -4.7% |
| Amounts payable after more than one year | 17 | €36,000 | €27,000 | -€9,000 | -25.0% |
| Financial debts | 170/4 | €36,000 | €27,000 | -€9,000 | -25.0% |
| Amounts payable within one year | 42/48 | €46,978 | €52,091 | +€5,112 | +10.9% |
| Current portion of amounts payable after more than one year | 42 | €15,340 | €15,336 | -€4 | 0.0% |
| Financial debts | 43 | - | €6 | +€6 | |
| Credit institutions | 430/8 | - | €6 | +€6 | |
| Trade debts | 44 | €13,099 | €22,084 | +€8,985 | +68.6% |
| Suppliers | 440/4 | €13,099 | €22,084 | +€8,985 | +68.6% |
| Taxes, remuneration and social security | 45 | €17,052 | €9,890 | -€7,162 | -42.0% |
| Taxes | 450/3 | €9,250 | €7,986 | -€1,264 | -13.7% |
| Remuneration and social security | 454/9 | €7,802 | €1,904 | -€5,898 | -75.6% |
| Other amounts payable | 47/48 | €1,488 | €4,775 | +€3,288 | +221% |
| Non-recurring operating income | 76A | €12,000 | €28 | -€11,972 | -99.8% |
| Remuneration, social security and pensions | 62 | €66,066 | €67,705 | +€1,638 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,160 | €29,158 | -€17,002 | -36.8% |
| Other operating charges | 640/8 | €3,315 | €3,505 | +€190 | +5.7% |
| Non-recurring operating charges | 66A | - | €15,227 | +€15,227 | |
| Gross operating margin | 9900 | €255,848 | €281,084 | +€25,236 | +9.9% |
| Operating profit (loss) | 9901 | €140,307 | €165,489 | +€25,183 | +17.9% |
| Financial income | 75/76B | €6,525 | €10,087 | +€3,562 | +54.6% |
| Recurring financial income | 75 | €6,525 | €10,087 | +€3,562 | +54.6% |
| Financial charges | 65/66B | €1,320 | €1,234 | -€86 | -6.5% |
| Recurring financial charges | 65 | €1,320 | €1,234 | -€86 | -6.5% |
| Profit (loss) for the period before taxes | 9903 | €145,512 | €174,342 | +€28,830 | +19.8% |
| Income taxes | 67/77 | €42,588 | €51,727 | +€9,139 | +21.5% |
| Profit (loss) for the period | 9904 | €102,923 | €122,615 | +€19,691 | +19.1% |
| Profit (loss) for the period to be appropriated | 9905 | €102,923 | €122,615 | +€19,691 | +19.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.