LA BELGITUDE: 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.
LA BELGITUDE
Largest movements
- Cash -€668
down €668 (-63.7%), from €1,049 to €381
mainly Net result for the year (-€800) and Receivables within one year (-€168)
- Receivables within one year +€168
up €168 (+400%), from €42 to €210
- Profit (loss) carried forward -€800
down €800 (-4.4%), from -€18,389 to -€19,189
- Other debts +€300
new in 2025: €300
- Gross operating margin -€800
new in 2025: -€800
From the 2024 result to the 2025 result
The net result is not in both sets of accounts; without it the difference cannot be explained line by line.
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 | €1,091 | €591 | -€500 | -45.8% |
| Current assets | 29/58 | €1,091 | €591 | -€500 | -45.8% |
| Amounts receivable within one year | 40/41 | €42 | €210 | +€168 | +400% |
| Other amounts receivable | 41 | €42 | €210 | +€168 | +400% |
| Cash at bank and in hand | 54/58 | €1,049 | €381 | -€668 | -63.7% |
| Total equity and liabilities | 10/49 | €1,091 | €591 | -€500 | -45.8% |
| Equity | 10/15 | €1,091 | €291 | -€800 | -73.4% |
| Contributions | 10/11 | €19,480 | €19,480 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€18,389 | -€19,189 | -€800 | -4.4% |
| Amounts payable | 17/49 | - | €300 | +€300 | |
| Amounts payable within one year | 42/48 | - | €300 | +€300 | |
| Other amounts payable | 47/48 | - | €300 | +€300 | |
| Gross operating margin | 9900 | - | -€800 | -€800 | |
| Operating profit (loss) | 9901 | - | -€800 | -€800 | |
| Profit (loss) for the period before taxes | 9903 | - | -€800 | -€800 | |
| Profit (loss) for the period | 9904 | - | -€800 | -€800 | |
| Profit (loss) for the period to be appropriated | 9905 | - | -€800 | -€800 |
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 31 October 2026 via checked.be.