BILAL & LAIBA: what changed
BILAL & LAIBA
Largest movements
- Cash -€106,505
down €106,505 (-79.0%), from €134,874 to €28,369
mainly Trade debts (-€102,925) and Receivables within one year (-€60,995)
- Receivables within one year +€60,995
up €60,995 (+29.4%), from €207,269 to €268,264
of which Other amounts receivable: +€55,947
- Tangible fixed assets +€34,442
up €34,442 (+241%), from €14,268 to €48,710
of which Furniture and vehicles: +€27,432
- Stocks and contracts -€32,177
down €32,177 (-50.3%), from €64,030 to €31,853
- Trade debts -€102,925
down €102,925 (-34.1%), from €301,511 to €198,585
- Tax, wage and social debts +€33,774
up €33,774 (+78.1%), from €43,260 to €77,034
of which Remuneration and social security: +€24,823
- Profit (loss) carried forward +€29,293
up €29,293, from -€17,959 to €11,333
- Other debts -€6,887
down €6,887 (-10.8%), from €63,508 to €56,621
- Turnover +€367,079
up €367,079 (+30.8%), from €1.2m to €1.6m
- Purchases and services +€301,002
up €301,002 (+27.1%), from €1.1m to €1.4m
- Gross operating margin +€68,002
up €68,002 (+83.8%), from €81,147 to €149,148
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 | €432,942 | €386,196 | -€46,746 | -10.8% |
| Fixed assets | 21/28 | €26,768 | €57,710 | +€30,942 | +116% |
| Intangible fixed assets | 21 | €3,500 | - | -€3,500 | |
| Tangible fixed assets | 22/27 | €14,268 | €48,710 | +€34,442 | +241% |
| Plant, machinery and equipment | 23 | - | €7,010 | +€7,010 | |
| Furniture and vehicles | 24 | €14,268 | €41,701 | +€27,432 | +192% |
| Financial fixed assets | 28 | €9,000 | €9,000 | = | 0.0% |
| Current assets | 29/58 | €406,174 | €328,486 | -€77,687 | -19.1% |
| Stocks and contracts in progress | 3 | €64,030 | €31,853 | -€32,177 | -50.3% |
| Stocks | 30/36 | €64,030 | €31,853 | -€32,177 | -50.3% |
| Amounts receivable within one year | 40/41 | €207,269 | €268,264 | +€60,995 | +29.4% |
| Trade receivables | 40 | €13,504 | €18,552 | +€5,049 | +37.4% |
| Other amounts receivable | 41 | €193,765 | €249,712 | +€55,947 | +28.9% |
| Cash at bank and in hand | 54/58 | €134,874 | €28,369 | -€106,505 | -79.0% |
| Total equity and liabilities | 10/49 | €432,942 | €386,196 | -€46,746 | -10.8% |
| Equity | 10/15 | €23,426 | €52,719 | +€29,293 | +125% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €22,786 | €22,786 | = | 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% |
| Tax-exempt reserves | 132 | €20,926 | €20,926 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,959 | €11,333 | +€29,293 | |
| Amounts payable | 17/49 | €409,516 | €333,477 | -€76,038 | -18.6% |
| Amounts payable after more than one year | 17 | €1,237 | €1,237 | = | 0.0% |
| Other amounts payable | 178/9 | €1,237 | €1,237 | = | 0.0% |
| Amounts payable within one year | 42/48 | €408,279 | €332,241 | -€76,038 | -18.6% |
| Trade debts | 44 | €301,511 | €198,585 | -€102,925 | -34.1% |
| Suppliers | 440/4 | €301,511 | €198,585 | -€102,925 | -34.1% |
| Taxes, remuneration and social security | 45 | €43,260 | €77,034 | +€33,774 | +78.1% |
| Taxes | 450/3 | €5,567 | €14,518 | +€8,951 | +161% |
| Remuneration and social security | 454/9 | €37,693 | €62,516 | +€24,823 | +65.9% |
| Other amounts payable | 47/48 | €63,508 | €56,621 | -€6,887 | -10.8% |
| Turnover | 70 | €1,191,115 | €1,558,194 | +€367,079 | +30.8% |
| Goods, raw materials, services and sundry goods | 60/61 | €1,110,100 | €1,411,102 | +€301,002 | +27.1% |
| Remuneration, social security and pensions | 62 | €79,902 | €80,140 | +€239 | +0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,732 | €8,558 | +€1,827 | +27.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €13,456 | +€13,456 | |
| Other operating charges | 640/8 | €3,026 | €524 | -€2,502 | -82.7% |
| Non-recurring operating charges | 66A | - | €15 | +€15 | |
| Gross operating margin | 9900 | €81,147 | €149,148 | +€68,002 | +83.8% |
| Operating profit (loss) | 9901 | -€8,513 | €46,455 | +€54,968 | |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €3,482 | €5,579 | +€2,097 | +60.2% |
| Recurring financial charges | 65 | €3,482 | €5,579 | +€2,097 | +60.2% |
| Profit (loss) for the period before taxes | 9903 | -€11,995 | €40,876 | +€52,871 | |
| Income taxes | 67/77 | €7,666 | €11,583 | +€3,917 | +51.1% |
| Profit (loss) for the period | 9904 | -€19,661 | €29,293 | +€48,954 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,661 | €29,293 | +€48,954 |
Next steps
Calculation and sources
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 6 November 2026 via checked.be.