P.BELIS: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
P.BELIS
Largest movements
- Receivables within one year +€8,635
up €8,635 (+105%), from €8,233 to €16,867
of which Other amounts receivable: +€7,621
- Current investments -€3,700
down €3,700 (-100%), from €3,700 to €0
- Tangible fixed assets -€1,869
down €1,869 (-65.5%), from €2,854 to €985
of which Furniture and vehicles: -€1,468
- Reserves -€21,862
down €21,862 (-16.9%), from €129,615 to €107,754
of which Distributable reserves: -€21,862
- Profit (loss) carried forward +€20,180
up €20,180, from -€20,180 to €0
- Advances received +€8,470
new in 2024: €8,470
- Tax, wage and social debts +€4,919
up €4,919 (+96.3%), from €5,110 to €10,029
of which Taxes: +€7,388
- Debts after one year -€3,464
down €3,464 (-100%), from €3,464 to €0
- Gross operating margin +€16,682
up €16,682, from -€16,482 to €200
- Financial income +€2,388
up €2,388 (+77.9%), from €3,067 to €5,455
- Depreciation -€1,852
down €1,852 (-49.8%), from €3,722 to €1,869
- Other operating charges +€1,788
up €1,788 (+156%), from €1,147 to €2,935
- Financial charges +€611
up €611 (+35.3%), from €1,730 to €2,341
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €147,321 | €151,530 | +€4,209 | +2.9% |
| Fixed assets | 21/28 | €39,557 | €39,200 | -€357 | -0.9% |
| Tangible fixed assets | 22/27 | €2,854 | €985 | -€1,869 | -65.5% |
| Plant, machinery and equipment | 23 | €488 | €86 | -€401 | -82.3% |
| Furniture and vehicles | 24 | €2,366 | €898 | -€1,468 | -62.0% |
| Financial fixed assets | 28 | €36,703 | €38,215 | +€1,513 | +4.1% |
| Current assets | 29/58 | €107,764 | €112,330 | +€4,566 | +4.2% |
| Amounts receivable after more than one year | 29 | €89,341 | €89,800 | +€459 | +0.5% |
| Trade receivables | 290 | €0 | - | = | |
| Other amounts receivable | 291 | €89,341 | €89,800 | +€459 | +0.5% |
| Amounts receivable within one year | 40/41 | €8,233 | €16,867 | +€8,635 | +105% |
| Trade receivables | 40 | €3,454 | €4,468 | +€1,014 | +29.4% |
| Other amounts receivable | 41 | €4,779 | €12,399 | +€7,621 | +159% |
| Current investments | 50/53 | €3,700 | €0 | -€3,700 | -100% |
| Cash at bank and in hand | 54/58 | €6,490 | €5,590 | -€900 | -13.9% |
| Deferred charges and accrued income | 490/1 | €0 | €73 | +€73 | |
| Total equity and liabilities | 10/49 | €147,321 | €151,530 | +€4,209 | +2.9% |
| Equity | 10/15 | €120,635 | €118,954 | -€1,681 | -1.4% |
| Contributions | 10/11 | €11,200 | €11,200 | = | 0.0% |
| Reserves | 13 | €129,615 | €107,754 | -€21,862 | -16.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €127,755 | €105,894 | -€21,862 | -17.1% |
| Profit (loss) carried forward | 14 | -€20,180 | €0 | +€20,180 | |
| Amounts payable | 17/49 | €26,686 | €32,577 | +€5,891 | +22.1% |
| Amounts payable after more than one year | 17 | €3,464 | €0 | -€3,464 | -100% |
| Financial debts | 170/4 | €3,464 | €0 | -€3,464 | -100% |
| Amounts payable within one year | 42/48 | €23,222 | €32,577 | +€9,355 | +40.3% |
| Current portion of amounts payable after more than one year | 42 | €625 | €325 | -€300 | -48.0% |
| Financial debts | 43 | €1,902 | €1,248 | -€654 | -34.4% |
| Credit institutions | 430/8 | €1,902 | €1,248 | -€654 | -34.4% |
| Trade debts | 44 | €13,439 | €10,297 | -€3,142 | -23.4% |
| Suppliers | 440/4 | €13,439 | €10,297 | -€3,142 | -23.4% |
| Advances received on contracts in progress | 46 | - | €8,470 | +€8,470 | |
| Taxes, remuneration and social security | 45 | €5,110 | €10,029 | +€4,919 | +96.3% |
| Taxes | 450/3 | €2,641 | €10,029 | +€7,388 | +280% |
| Remuneration and social security | 454/9 | €2,469 | €0 | -€2,469 | -100% |
| Other amounts payable | 47/48 | €2,146 | €2,208 | +€62 | +2.9% |
| Non-recurring operating income | 76A | - | €8,711 | +€8,711 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,722 | €1,869 | -€1,852 | -49.8% |
| Other operating charges | 640/8 | €1,147 | €2,935 | +€1,788 | +156% |
| Gross operating margin | 9900 | -€16,482 | €200 | +€16,682 | |
| Operating profit (loss) | 9901 | -€21,351 | -€4,605 | +€16,746 | +78.4% |
| Financial income | 75/76B | €3,067 | €5,455 | +€2,388 | +77.9% |
| Recurring financial income | 75 | €3,067 | €5,455 | +€2,388 | +77.9% |
| Financial charges | 65/66B | €1,730 | €2,341 | +€611 | +35.3% |
| Recurring financial charges | 65 | €1,730 | €2,341 | +€611 | +35.3% |
| Profit (loss) for the period before taxes | 9903 | -€20,014 | -€1,491 | +€18,523 | +92.6% |
| Income taxes | 67/77 | €166 | €191 | +€25 | +14.9% |
| Profit (loss) for the period | 9904 | -€20,180 | -€1,681 | +€18,499 | +91.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,180 | -€1,681 | +€18,499 | +91.7% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.