Bil-Iddaris Piya: 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.
Bil-Iddaris Piya
Largest movements
- Cash +€27,552
up €27,552 (+70.9%), from €38,836 to €66,388
mainly Net result for the year (+€40,934) and Tax, wage and social debts (+€5,190)
- Receivables within one year +€17,053
up €17,053 (+855%), from €1,995 to €19,048
of which Trade receivables: +€14,526
- Tangible fixed assets +€1,108
up €1,108 (+13.5%), from €8,195 to €9,303
of which Furniture and vehicles: +€555
- Reserves +€39,268
up €39,268 (+106%), from €37,060 to €76,328
- Tax, wage and social debts +€5,190
up €5,190 (+79.7%), from €6,514 to €11,704
of which Taxes: +€7,390
- Short-term financial debts +€2,094
new in 2025: €2,094
- Current portion of long-term debt -€2,072
down €2,072 (-91.5%), from €2,264 to €192
- Trade debts +€1,367
up €1,367 (+83.9%), from €1,630 to €2,997
- Gross operating margin +€27,895
up €27,895 (+71.5%), from €38,986 to €66,881
- Taxes +€7,574
up €7,574 (+63.5%), from €11,930 to €19,504
- Financial charges +€852
up €852 (+45.8%), from €1,860 to €2,712
- Depreciation +€831
up €831 (+27.6%), from €3,009 to €3,840
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 | €50,645 | €95,981 | +€45,336 | +89.5% |
| Fixed assets | 21/28 | €8,195 | €9,303 | +€1,108 | +13.5% |
| Tangible fixed assets | 22/27 | €8,195 | €9,303 | +€1,108 | +13.5% |
| Plant, machinery and equipment | 23 | €2,383 | €2,936 | +€553 | +23.2% |
| Furniture and vehicles | 24 | €5,812 | €6,367 | +€555 | +9.5% |
| Current assets | 29/58 | €42,450 | €86,678 | +€44,229 | +104% |
| Amounts receivable within one year | 40/41 | €1,995 | €19,048 | +€17,053 | +855% |
| Trade receivables | 40 | €291 | €14,817 | +€14,526 | +5,000% |
| Other amounts receivable | 41 | €1,704 | €4,231 | +€2,527 | +148% |
| Cash at bank and in hand | 54/58 | €38,836 | €66,388 | +€27,552 | +70.9% |
| Deferred charges and accrued income | 490/1 | €1,620 | €1,242 | -€377 | -23.3% |
| Total equity and liabilities | 10/49 | €50,645 | €95,981 | +€45,336 | +89.5% |
| Equity | 10/15 | €38,060 | €77,328 | +€39,268 | +103% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €37,060 | €76,328 | +€39,268 | +106% |
| Distributable reserves | 133 | €37,060 | €76,328 | +€39,268 | +106% |
| Amounts payable | 17/49 | €12,585 | €18,653 | +€6,068 | +48.2% |
| Amounts payable after more than one year | 17 | €562 | - | -€562 | |
| Financial debts | 170/4 | €192 | - | -€192 | |
| Other amounts payable | 178/9 | €371 | - | -€371 | |
| Amounts payable within one year | 42/48 | €11,528 | €18,653 | +€7,125 | +61.8% |
| Current portion of amounts payable after more than one year | 42 | €2,264 | €192 | -€2,072 | -91.5% |
| Financial debts | 43 | - | €2,094 | +€2,094 | |
| Credit institutions | 430/8 | - | €2,094 | +€2,094 | |
| Trade debts | 44 | €1,630 | €2,997 | +€1,367 | +83.9% |
| Suppliers | 440/4 | €1,630 | €2,997 | +€1,367 | +83.9% |
| Taxes, remuneration and social security | 45 | €6,514 | €11,704 | +€5,190 | +79.7% |
| Taxes | 450/3 | €4,314 | €11,704 | +€7,390 | +171% |
| Remuneration and social security | 454/9 | €2,200 | - | -€2,200 | |
| Other amounts payable | 47/48 | €1,120 | €1,666 | +€546 | +48.8% |
| Accrued charges and deferred income | 492/3 | €495 | - | -€495 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,009 | €3,840 | +€831 | +27.6% |
| Other operating charges | 640/8 | €581 | €66 | -€516 | -88.7% |
| Non-recurring operating charges | 66A | - | €63 | +€63 | |
| Gross operating margin | 9900 | €38,986 | €66,881 | +€27,895 | +71.5% |
| Operating profit (loss) | 9901 | €35,396 | €62,912 | +€27,516 | +77.7% |
| Financial income | 75/76B | €331 | €238 | -€93 | -28.0% |
| Recurring financial income | 75 | €331 | €238 | -€93 | -28.0% |
| Financial charges | 65/66B | €1,860 | €2,712 | +€852 | +45.8% |
| Recurring financial charges | 65 | €1,860 | €2,712 | +€852 | +45.8% |
| Profit (loss) for the period before taxes | 9903 | €33,867 | €60,438 | +€26,571 | +78.5% |
| Income taxes | 67/77 | €11,930 | €19,504 | +€7,574 | +63.5% |
| Profit (loss) for the period | 9904 | €21,937 | €40,934 | +€18,997 | +86.6% |
| Profit (loss) for the period to be appropriated | 9905 | €21,937 | €40,934 | +€18,997 | +86.6% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.