LA BELLE: 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 BELLE
Largest movements
- Receivables within one year -€27,888
down €27,888 (-27.5%), from €101,284 to €73,397
of which Trade receivables: -€32,031
- Tangible fixed assets +€8,881
up €8,881 (+26.0%), from €34,106 to €42,987
of which Land and buildings: +€10,615
- Cash -€2,274
down €2,274 (-53.1%), from €4,279 to €2,005
mainly Net result for the year (-€23,149) and Investment in fixed assets (net) (-€11,369)
- Deferred charges and accrued income -€1,930
down €1,930 (-54.2%), from €3,562 to €1,632
- Profit (loss) carried forward -€23,149
down €23,149 (-16.5%), from -€140,208 to -€163,357
- Depreciation -€1,071
down €1,071 (-30.1%), from €3,559 to €2,488
- Gross operating margin -€514
down €514 (-2.8%), from -€18,216 to -€18,730
- Financial income +€296
up €296 (+422,771%), from €0 to €296
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 | €143,232 | €120,021 | -€23,211 | -16.2% |
| Fixed assets | 21/28 | €34,106 | €42,987 | +€8,881 | +26.0% |
| Tangible fixed assets | 22/27 | €34,106 | €42,987 | +€8,881 | +26.0% |
| Land and buildings | 22 | €17,891 | €28,506 | +€10,615 | +59.3% |
| Plant, machinery and equipment | 23 | €13,206 | €12,527 | -€679 | -5.1% |
| Furniture and vehicles | 24 | €3,009 | €1,953 | -€1,056 | -35.1% |
| Current assets | 29/58 | €109,126 | €77,034 | -€32,092 | -29.4% |
| Amounts receivable within one year | 40/41 | €101,284 | €73,397 | -€27,888 | -27.5% |
| Trade receivables | 40 | €33,037 | €1,006 | -€32,031 | -97.0% |
| Other amounts receivable | 41 | €68,247 | €72,391 | +€4,144 | +6.1% |
| Cash at bank and in hand | 54/58 | €4,279 | €2,005 | -€2,274 | -53.1% |
| Deferred charges and accrued income | 490/1 | €3,562 | €1,632 | -€1,930 | -54.2% |
| Total equity and liabilities | 10/49 | €143,232 | €120,021 | -€23,211 | -16.2% |
| Equity | 10/15 | €125,735 | €102,586 | -€23,149 | -18.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €259,743 | €259,743 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €9,208 | €9,208 | = | 0.0% |
| Distributable reserves | 133 | €248,675 | €248,675 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€140,208 | -€163,357 | -€23,149 | -16.5% |
| Amounts payable | 17/49 | €17,497 | €17,435 | -€62 | -0.4% |
| Amounts payable within one year | 42/48 | €17,497 | €17,435 | -€62 | -0.4% |
| Trade debts | 44 | €1,416 | €1,353 | -€64 | -4.5% |
| Suppliers | 440/4 | €1,416 | €1,353 | -€64 | -4.5% |
| Taxes, remuneration and social security | 45 | €16,080 | €16,082 | +€2 | 0.0% |
| Taxes | 450/3 | €16,080 | €16,082 | +€2 | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,559 | €2,488 | -€1,071 | -30.1% |
| Other operating charges | 640/8 | €1,315 | €1,396 | +€80 | +6.1% |
| Gross operating margin | 9900 | -€18,216 | -€18,730 | -€514 | -2.8% |
| Operating profit (loss) | 9901 | -€23,090 | -€22,614 | +€476 | +2.1% |
| Financial income | 75/76B | €0 | €296 | +€296 | +422,771% |
| Recurring financial income | 75 | €0 | €296 | +€296 | +422,771% |
| Financial charges | 65/66B | €298 | €177 | -€121 | -40.6% |
| Recurring financial charges | 65 | €298 | €177 | -€121 | -40.6% |
| Profit (loss) for the period before taxes | 9903 | -€23,388 | -€22,495 | +€893 | +3.8% |
| Income taxes | 67/77 | €627 | €654 | +€27 | +4.3% |
| Profit (loss) for the period | 9904 | -€24,016 | -€23,149 | +€866 | +3.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€24,016 | -€23,149 | +€866 | +3.6% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.