Bil-Lie: what changed
Two fiscal 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-Lie
Largest movements
- Tangible fixed assets +€432,339
up €432,339 (+406.0%), from €106,484 to €538,823
of which Land and buildings: +€405,395
- Receivables within one year +€111,698
up €111,698 (+214.5%), from €52,083 to €163,781
of which Trade receivables: +€93,247
- Cash -€54,674
down €54,674 (-32.3%), from €169,013 to €114,339
mainly Investment in fixed assets (net) (-€481,370) and Receivables within one year (-€111,698)
- Debts after one year +€327,590
up €327,590 (+363.9%), from €90,020 to €417,609
- Trade debts +€67,082
up €67,082 (+106.0%), from €63,265 to €130,347
- Reserves +€44,367
up €44,367 (+17.9%), from €248,056 to €292,423
- Other debts +€30,693
up €30,693 (+1102.0%), from €2,785 to €33,479
- Current portion of long-term debt +€23,739
up €23,739 (+128.0%), from €18,544 to €42,284
- Gross operating margin -€35,379
down €35,379 (-16.6%), from €212,551 to €177,171
- Taxes -€29,562
down €29,562 (-54.0%), from €54,701 to €25,139
- Depreciation +€20,169
up €20,169 (+80.0%), from €25,197 to €45,366
- Staff costs +€16,736
up €16,736 (+710.2%), from €2,357 to €19,093
- Financial income +€8,961
up €8,961 (+1258.2%), from €712 to €9,674
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.
Cash bridge derived
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 | €490,092 | €978,947 | +€488,855 | +99.7% |
| Fixed assets | 21/28 | €109,968 | €545,972 | +€436,004 | +396.5% |
| Intangible fixed assets | 21 | €3,484 | €2,649 | -€835 | -24.0% |
| Tangible fixed assets | 22/27 | €106,484 | €538,823 | +€432,339 | +406.0% |
| Land and buildings | 22 | - | €405,395 | +€405,395 | |
| Plant, machinery and equipment | 23 | €40,030 | €70,176 | +€30,146 | +75.3% |
| Furniture and vehicles | 24 | €49,205 | €34,644 | -€14,561 | -29.6% |
| Other tangible fixed assets | 26 | €17,250 | €28,609 | +€11,359 | +65.9% |
| Financial fixed assets | 28 | - | €4,500 | +€4,500 | |
| Current assets | 29/58 | €380,124 | €432,975 | +€52,851 | +13.9% |
| Stocks and contracts in progress | 3 | €153,774 | €150,766 | -€3,009 | -2.0% |
| Stocks | 30/36 | €153,774 | €150,766 | -€3,009 | -2.0% |
| Amounts receivable within one year | 40/41 | €52,083 | €163,781 | +€111,698 | +214.5% |
| Trade receivables | 40 | €48,946 | €142,193 | +€93,247 | +190.5% |
| Other amounts receivable | 41 | €3,137 | €21,588 | +€18,451 | +588.1% |
| Cash at bank and in hand | 54/58 | €169,013 | €114,339 | -€54,674 | -32.3% |
| Deferred charges and accrued income | 490/1 | €5,253 | €4,089 | -€1,164 | -22.2% |
| Total equity and liabilities | 10/49 | €490,092 | €978,947 | +€488,855 | +99.7% |
| Equity | 10/15 | €266,656 | €311,023 | +€44,367 | +16.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €248,056 | €292,423 | +€44,367 | +17.9% |
| Distributable reserves | 133 | €248,056 | €292,423 | +€44,367 | +17.9% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €223,436 | €667,924 | +€444,488 | +198.9% |
| Amounts payable after more than one year | 17 | €90,020 | €417,609 | +€327,590 | +363.9% |
| Financial debts | 170/4 | €90,020 | €417,609 | +€327,590 | +363.9% |
| Amounts payable within one year | 42/48 | €133,416 | €250,314 | +€116,898 | +87.6% |
| Current portion of amounts payable after more than one year | 42 | €18,544 | €42,284 | +€23,739 | +128.0% |
| Trade debts | 44 | €63,265 | €130,347 | +€67,082 | +106.0% |
| Suppliers | 440/4 | €63,265 | €130,347 | +€67,082 | +106.0% |
| Advances received on contracts in progress | 46 | €8,875 | €10,808 | +€1,933 | +21.8% |
| Taxes, remuneration and social security | 45 | €39,947 | €33,397 | -€6,550 | -16.4% |
| Taxes | 450/3 | €39,676 | €31,411 | -€8,264 | -20.8% |
| Remuneration and social security | 454/9 | €271 | €1,986 | +€1,715 | +632.9% |
| Other amounts payable | 47/48 | €2,785 | €33,479 | +€30,693 | +1102.0% |
| Remuneration, social security and pensions | 62 | €2,357 | €19,093 | +€16,736 | +710.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,197 | €45,366 | +€20,169 | +80.0% |
| Other operating charges | 640/8 | €1,016 | €675 | -€341 | -33.5% |
| Gross operating margin | 9900 | €212,551 | €177,171 | -€35,379 | -16.6% |
| Operating profit (loss) | 9901 | €183,981 | €112,036 | -€71,944 | -39.1% |
| Financial income | 75/76B | €712 | €9,674 | +€8,961 | +1258.2% |
| Recurring financial income | 75 | €712 | €9,674 | +€8,961 | +1258.2% |
| Financial charges | 65/66B | €6,604 | €9,178 | +€2,574 | +39.0% |
| Recurring financial charges | 65 | €6,604 | €9,178 | +€2,574 | +39.0% |
| Profit (loss) for the period before taxes | 9903 | €178,088 | €112,532 | -€65,556 | -36.8% |
| Income taxes | 67/77 | €54,701 | €25,139 | -€29,562 | -54.0% |
| Profit (loss) for the period | 9904 | €123,388 | €87,393 | -€35,995 | -29.2% |
| Profit (loss) for the period to be appropriated | 9905 | €123,388 | €87,393 | -€35,995 | -29.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.