Mon' Bellfoot: 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.
Mon' Bellfoot
Largest movements
- Receivables within one year -€93,201
down €93,201 (-56.3%), from €165,446 to €72,246
- Tangible fixed assets +€5,730
up €5,730 (+1.9%), from €300,872 to €306,603
of which Furniture and vehicles: +€14,127
- Profit (loss) carried forward -€260,202
no longer reported in 2025 (was €260,202)
- Other debts +€182,066
up €182,066 (+682%), from €26,708 to €208,774
- Current portion of long-term debt -€19,777
no longer reported in 2025 (was €19,777)
- Gross operating margin +€36,281
up €36,281 (+56.8%), from -€63,865 to -€27,584
- Financial charges +€3,085
up €3,085 (+73.3%), from €4,208 to €7,294
- Depreciation +€2,863
up €2,863 (+34.1%), from €8,397 to €11,260
- Other operating charges +€2,793
up €2,793 (+135%), from €2,069 to €4,862
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 | €469,005 | €378,856 | -€90,150 | -19.2% |
| Fixed assets | 21/28 | €300,872 | €306,603 | +€5,730 | +1.9% |
| Tangible fixed assets | 22/27 | €300,872 | €306,603 | +€5,730 | +1.9% |
| Land and buildings | 22 | €299,273 | €291,276 | -€7,997 | -2.7% |
| Plant, machinery and equipment | 23 | €1,600 | €1,200 | -€400 | -25.0% |
| Furniture and vehicles | 24 | - | €14,127 | +€14,127 | |
| Current assets | 29/58 | €168,133 | €72,253 | -€95,880 | -57.0% |
| Amounts receivable within one year | 40/41 | €165,446 | €72,246 | -€93,201 | -56.3% |
| Other amounts receivable | 41 | €165,446 | €72,246 | -€93,201 | -56.3% |
| Cash at bank and in hand | 54/58 | €2,686 | €7 | -€2,680 | -99.8% |
| Total equity and liabilities | 10/49 | €469,005 | €378,856 | -€90,150 | -19.2% |
| Equity | 10/15 | €280,662 | €20,460 | -€260,202 | -92.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €260,202 | - | -€260,202 | |
| Amounts payable | 17/49 | €188,343 | €358,396 | +€170,053 | +90.3% |
| Amounts payable after more than one year | 17 | €139,484 | €142,801 | +€3,316 | +2.4% |
| Financial debts | 170/4 | €139,484 | €142,801 | +€3,316 | +2.4% |
| Amounts payable within one year | 42/48 | €48,858 | €215,595 | +€166,737 | +341% |
| Current portion of amounts payable after more than one year | 42 | €19,777 | - | -€19,777 | |
| Trade debts | 44 | €1,546 | €5,972 | +€4,426 | +286% |
| Suppliers | 440/4 | €1,546 | €5,972 | +€4,426 | +286% |
| Taxes, remuneration and social security | 45 | €828 | €849 | +€22 | +2.6% |
| Taxes | 450/3 | €828 | €849 | +€22 | +2.6% |
| Other amounts payable | 47/48 | €26,708 | €208,774 | +€182,066 | +682% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,397 | €11,260 | +€2,863 | +34.1% |
| Other operating charges | 640/8 | €2,069 | €4,862 | +€2,793 | +135% |
| Gross operating margin | 9900 | -€63,865 | -€27,584 | +€36,281 | +56.8% |
| Operating profit (loss) | 9901 | -€74,331 | -€43,705 | +€30,626 | +41.2% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €4,208 | €7,294 | +€3,085 | +73.3% |
| Recurring financial charges | 65 | €4,208 | €7,294 | +€3,085 | +73.3% |
| Profit (loss) for the period before taxes | 9903 | -€78,539 | -€50,998 | +€27,541 | +35.1% |
| Income taxes | 67/77 | €419 | €430 | +€11 | +2.6% |
| Profit (loss) for the period | 9904 | -€78,958 | -€51,428 | +€27,530 | +34.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€78,958 | -€51,428 | +€27,530 | +34.9% |
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 18 October 2026 via checked.be.