Billy & Co
ActiveSummary
Billy & Co has been active since 2006 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €52k and a net result of €-5k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 95% of 37953 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
Axes · tick = 2023
Profitability8▲+8
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €3.5k at 30 days acceptable
Liquidity ample (current ratio 16.99 against 21.06 in 2023; short-term debt: 4.4% and cash: 50.2% of total assets), and 4.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 70
Relative position
BE, all sectors
reference
Activities of head offices; management consultancy activities (NACE 70)
about 69% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
95.6%
Return on assets
-8.5%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
18192021222324
2018 to 2024 · latest year €-5k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 10-07-2025, 21 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
21 d early
2023
37 d early
2022
17 d early
2021
1 d late
2020
2 d early
2019
4 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, micro schema
Equity
€52k▼ 8.2%
2023 · €57k
2018: €-8klowest in 7 years
2019: €-6k▲ +22.7% vs 2018
2020: €-6k▲ +11.0% vs 2019
2021: €4k▲ +176% vs 2020
2022: €67k▲ +1436% vs 2021highest in 7 years
2023: €57k▼ -16.1% vs 2022
2024: €52k▼ -8.2% vs 2023
2018 → 2024
Total assets
€54k▼ 8.3%
2023 · €59k
2018: €4klowest in 7 years
2019: €5k▲ +40.4% vs 2018
2020: €5k▲ +9.2% vs 2019
2021: €15k▲ +176% vs 2020
2022: €71k▲ +376% vs 2021highest in 7 years
2023: €59k▼ -17.1% vs 2022
2024: €54k▼ -8.3% vs 2023
2018 → 2024
Net result
€-5k▲ 57.6%
2023 · €-11k
2018: €-2k
2019: €2k▲ +177% vs 2018
2020: €710▼ -62.6% vs 2019
2021: €10k▲ +1331% vs 2020
2022: €72k▲ +604% vs 2021highest in 7 years
2023: €-11k▼ -115% vs 2022lowest in 7 years
2024: €-5k▲ +57.6% vs 2023
2018 → 2024
Working capital
€38k▼ 28.8%
2023 · €54k
2018: €-9klowest in 7 years
2019: €-7k▲ +22.9% vs 2018
2020: €-8k▼ -14.1% vs 2019
2021: €2k▲ +126% vs 2020
2022: €67k▲ +3040% vs 2021highest in 7 years
2023: €54k▼ -19.1% vs 2022
2024: €38k▼ -28.8% vs 2023
2018 → 2024
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€-6k-€4k€67k▲ 1,436%€57k▼ 16.1%€52k▼ 8.2%
2020: €-6klowest in 5 years
2021: €4k▲ +176% vs 2020
2022: €67k▲ +1436% vs 2021highest in 5 years
2023: €57k▼ -16.1% vs 2022
2024: €52k▼ -8.2% vs 2023
Operating result€757-€10k▲ 1,251%€98k▲ 855%€-11k€-4k▲ 65.0%
2020: €757
2021: €10k▲ +1251% vs 2020
2022: €98k▲ +855% vs 2021highest in 5 years
2023: €-11k▼ -111% vs 2022lowest in 5 years
2024: €-4k▲ +65.0% vs 2023
Net result€710-€10k▲ 1,331%€72k▲ 604%€-11k€-5k▲ 57.6%
2020: €710
2021: €10k▲ +1331% vs 2020
2022: €72k▲ +604% vs 2021highest in 5 years
2023: €-11k▼ -115% vs 2022lowest in 5 years
2024: €-5k▲ +57.6% vs 2023
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €4k in 2024 against €11k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €54k
Fixed assets
€14k ▲ 421%
Current assets
€41k ▼ 27.9%
Equity and liabilities €54k
Equity
€52k ▼ 8.2%
Debt
€2k ▼ 10.6%
Debt's share of the balance-sheet total falls from 4.5% to 4.4%. Equity and debt are lower.
Key figures and ratios
EBITDA
€-2k▲
2023 · €-10k
Cash flow
€-3k▲
2023 · €-10k
Current ratio
16.99▼
2023 · 21.06
Debt to equity
0.05▼
2023 · 0.05
ROE
-8.9%▲
2023 · -19.2%
ROA
-8.5%▲
2023 · -18.4%
Interest coverage
-3.42▲
2023 · -150.50
Debt ≤ 1 year
€2k▼
2023 · €3k
Income taxes
€142
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 37 lines
Balance sheet
Code20232024
Assets
Total assets20/58€59k€54k▼
Fixed assets21/28€3k€14k▲
Tangible fixed assets22/27€3k€9k▲
Furniture and vehicles24€3k€6k▲
Other tangible fixed assets26-€3k
Financial fixed assets28-€5k
Current assets29/58€57k€41k▼
Amounts receivable within one year40/41€1k€12k▲
Trade receivables40-€2k
Other amounts receivable41€1k€10k▲
Cash at bank and in hand54/58€55k€27k▼
Deferred charges and accrued income490/1€250€1k▲
Equity and liabilities
Total equity and liabilities10/49€59k€54k▼
Equity10/15€57k€52k▼
Contributions10/11€6k€6k=
Reserves13€32k€32k=
Distributable reserves133€32k€32k=
Profit (loss) carried forward14€18k€14k▼
Amounts payable17/49€3k€2k▼
Amounts payable within one year42/48€3k€2k▼
Trade debts44€769€2k▲
Suppliers440/4€769€2k▲
Taxes, remuneration and social security45€10€142▲
Taxes450/3€10€142▲
Other amounts payable47/48€2k€547▼
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1k€1k▲
Other operating charges640/8€384€387▲
Gross operating margin9900€-9k€-2k▲
Operating profit (loss)9901€-11k€-4k▲
Financial charges65/66B€65€679▲
Recurring financial charges65€65€679▲
Profit (loss) for the period before taxes9903€-11k€-4k▲
Income taxes67/77-€142
Profit (loss) for the period9904€-11k€-5k▲
Profit (loss) for the period to be appropriated9905€-11k€-5k▲
Appropriation of the result
Profit (loss) to be appropriated9906€18k€14k▼
Profit (loss) brought forward from the previous period14P€29k€18k▼
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €608 | €971 | €2k | €1k | €1k | ▲ 39.3% |
| Other operating charges640/8 | - | €348 | €348 | €384 | €387 | ▲ 0.8% |
| Gross operating margin9900 | €2k | €12k | €99k | €-9k | €-2k | ▲ 79.4% |
| Operating profit (loss)9901 | €757 | €10k | €98k | €-11k | €-4k | ▲ 65.0% |
| Financial charges65/66B | - | €60 | €223 | €65 | €679 | ▲ 947% |
| Recurring financial charges65 | €47 | €60 | €223 | €65 | €679 | ▲ 947% |
| Profit (loss) for the period before taxes9903 | €710 | €10k | €97k | €-11k | €-4k | ▲ 58.9% |
| Income taxes67/77 | - | - | €26k | - | €142 | - |
| Profit (loss) for the period9904 | €710 | €10k | €72k | €-11k | €-5k | ▲ 57.6% |
| Profit (loss) for the period to be appropriated9905 | €710 | €10k | €72k | €-11k | €-5k | ▲ 57.6% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €5k | €15k | €71k | €59k | €54k | ▼ 8.3% |
| Formation expenses20 | €418 | €927 | €0 | - | - | - |
| Fixed assets21/28 | €2k | €1k | €760 | €3k | €14k | ▲ 421% |
| Tangible fixed assets22/27 | €2k | €1k | €760 | €3k | €9k | ▲ 234% |
| Furniture and vehicles24 | - | €1k | €760 | €3k | €6k | ▲ 124% |
| Other tangible fixed assets26 | - | - | - | - | €3k | - |
| Financial fixed assets28 | - | - | - | - | €5k | - |
| Current assets29/58 | €3k | €13k | €71k | €57k | €41k | ▼ 27.9% |
| Amounts receivable within one year40/41 | €697 | €248 | €397 | €1k | €12k | ▲ 735% |
| Trade receivables40 | - | - | - | - | €2k | - |
| Other amounts receivable41 | - | €248 | €397 | €1k | €10k | ▲ 595% |
| Cash at bank and in hand54/58 | €2k | €12k | €70k | €55k | €27k | ▼ 50.4% |
| Deferred charges and accrued income490/1 | - | - | €425 | €250 | €1k | ▲ 416% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €5k | €15k | €71k | €59k | €54k | ▼ 8.3% |
| Equity10/15 | €-6k | €4k | €67k | €57k | €52k | ▼ 8.2% |
| Contributions10/11 | - | €6k | €6k | €6k | €6k | = |
| Reserves13 | €10k | €10k | €32k | €32k | €32k | = |
| Distributable reserves133 | - | €10k | €32k | €32k | €32k | = |
| Profit (loss) carried forward14 | €-22k | €-12k | €29k | €18k | €14k | ▼ 24.9% |
| Amounts payable17/49 | €11k | €11k | €4k | €3k | €2k | ▼ 10.6% |
| Amounts payable within one year42/48 | €11k | €11k | €4k | €3k | €2k | ▼ 10.6% |
| Trade debts44 | €715 | €722 | €1k | €769 | €2k | ▲ 123% |
| Suppliers440/4 | - | €722 | €1k | €769 | €2k | ▲ 123% |
| Taxes, remuneration and social security45 | - | - | €425 | €10 | €142 | ▲ 1,336% |
| Taxes450/3 | - | - | €425 | €10 | €142 | ▲ 1,336% |
| Other amounts payable47/48 | - | €10k | €3k | €2k | €547 | ▼ 71.4% |
| Line | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €710 | €10k | €72k | €-11k | €-5k | ▲ 57.6% |
| + Depreciation and write-downs630 | €608 | €971 | €2k | €1k | €1k | ▲ 39.3% |
| Operating cash flow (approximation) | €1k | €11k | €73k | €-10k | €-3k | ▲ 68.0% |
| Investment in fixed assets (approximation) | - | €-392 | €-927 | €-3k | €-12k | ▼ 329% |
| Change in cash | - | €10k | €57k | €-15k | €-28k | ▼ 85.3% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2025
10-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
24-06
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
31-12
Financial
Weakest financial yearnet €-11k
Net result drops to €-11k, the lowest in the series; recovery starts the following year.
14-07
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Highest result since 2018net €72k ▲604%
Operating result €98k, net result €72k, both a record.
31-12
Financial
Liquidity times 15current ratio 17.66
Current ratio from 1.20 to 17.66; short-term debt falls from €11k to €4k.
01-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 1 day late
2021
31-12
Financial
Liquidity quadruplescurrent ratio 1.20
Current ratio from 0.28 to 1.20; short-term debt falls from €11k to €11k.
29-07
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
27-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Back to profitnet €2k
Net result €2k after one loss-making year.
09-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 9 days late
Show earlier events
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
07-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
21-06
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Hoeilaart · 1 establishment unit since 2006
Ground area
1,252 m²
Building footprint
205 m²
Volume, LiDAR
587 m³
2 parcels, Flanders · tallest building 8.4 m, ±2 floors. Linked by address, not a title deed.
2
companies at this address
See who is registered here
1 establishment unit
AV COM
since 20062.241.247.554
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22004A0043/00D030 | Flanders | 654 m² | 1 · 91 m² | 8.4 m · 2 fl. |
| 23033B0528/00P002 | Flanders | 598 m² | 1 · 115 m² | - |
Linked by address, not proof of ownership
Good to know
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Similar companies · same sector, comparable size
D n R - CONSULT
BE 0460.661.908
Kaprijke · Eq €51,933
Market Europe BE
BE 1016.040.356
Elsene · Eq €51,934
MAGOO
BE 0806.035.158
Braine-le-Comte · Eq €51,930
STEPHYBEL
BE 0859.574.210
Namur · Eq €51,938
CORETRAV
BE 1017.312.640
Visé · Eq €51,939
Of 82,553 companies in sector 70200 we hold annual accounts for 52,585. 38,278 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company
Founded08-03-2006
Fiscal year end31-12
Activities, NACEBEL 2025
70200Business and other management consultancy
Scores and ratios are computed by Checked and are not a credit decision.