BILAO: what changed
BILAO
Largest movements
- Cash +€27,356
up €27,356 (+313%), from €8,744 to €36,101
mainly Net result for the year (+€20,925) and Receivables within one year (+€11,897)
- Receivables within one year -€11,897
down €11,897 (-55.8%), from €21,315 to €9,418
of which Other amounts receivable: -€11,897
- Tangible fixed assets -€708
down €708 (-25.3%), from €2,800 to €2,092
- Reserves +€20,000
up €20,000 (+208%), from €9,600 to €29,600
of which Distributable reserves: +€20,000
- Other debts -€8,716
down €8,716 (-55.9%), from €15,600 to €6,884
- Tax, wage and social debts +€1,972
up €1,972 (+36.2%), from €5,441 to €7,413
- Profit (loss) carried forward +€925
up €925 (+103%), from €897 to €1,823
- Accrued charges and deferred income +€534
up €534 (+1,168%), from €46 to €580
- Gross operating margin +€4,374
up €4,374 (+16.4%), from €26,645 to €31,019
- Other operating charges -€3,293
down €3,293 (-89.2%), from €3,692 to €400
- Taxes +€2,389
up €2,389 (+38.0%), from €6,280 to €8,669
- Financial income -€493
down €493 (-100%), from €493 to €0
Change in the result, 2024 to 2025
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 2024 and 2025 balance sheets and the 2025 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 | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €32,996 | €47,701 | +€14,704 | +44.6% |
| Fixed assets | 21/28 | €2,800 | €2,092 | -€708 | -25.3% |
| Tangible fixed assets | 22/27 | €2,800 | €2,092 | -€708 | -25.3% |
| Furniture and vehicles | 24 | €2,800 | €2,092 | -€708 | -25.3% |
| Current assets | 29/58 | €30,196 | €45,609 | +€15,413 | +51.0% |
| Amounts receivable within one year | 40/41 | €21,315 | €9,418 | -€11,897 | -55.8% |
| Trade receivables | 40 | €9,418 | €9,418 | = | 0.0% |
| Other amounts receivable | 41 | €11,897 | €0 | -€11,897 | -100% |
| Cash at bank and in hand | 54/58 | €8,744 | €36,101 | +€27,356 | +313% |
| Deferred charges and accrued income | 490/1 | €137 | €91 | -€46 | -33.9% |
| Total equity and liabilities | 10/49 | €32,996 | €47,701 | +€14,704 | +44.6% |
| Equity | 10/15 | €11,497 | €32,423 | +€20,925 | +182% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €9,600 | €29,600 | +€20,000 | +208% |
| Non-distributable reserves | 130/1 | €100 | €100 | = | 0.0% |
| Reserves not available under the articles | 1311 | €100 | €100 | = | 0.0% |
| Distributable reserves | 133 | €9,500 | €29,500 | +€20,000 | +211% |
| Profit (loss) carried forward | 14 | €897 | €1,823 | +€925 | +103% |
| Amounts payable | 17/49 | €21,499 | €15,278 | -€6,221 | -28.9% |
| Amounts payable within one year | 42/48 | €21,453 | €14,698 | -€6,755 | -31.5% |
| Trade debts | 44 | €413 | €401 | -€12 | -2.9% |
| Suppliers | 440/4 | €413 | €401 | -€12 | -2.9% |
| Taxes, remuneration and social security | 45 | €5,441 | €7,413 | +€1,972 | +36.2% |
| Taxes | 450/3 | €5,441 | €7,413 | +€1,972 | +36.2% |
| Other amounts payable | 47/48 | €15,600 | €6,884 | -€8,716 | -55.9% |
| Accrued charges and deferred income | 492/3 | €46 | €580 | +€534 | +1,168% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €615 | €708 | +€93 | +15.2% |
| Other operating charges | 640/8 | €3,692 | €400 | -€3,293 | -89.2% |
| Gross operating margin | 9900 | €26,645 | €31,019 | +€4,374 | +16.4% |
| Operating profit (loss) | 9901 | €22,337 | €29,911 | +€7,573 | +33.9% |
| Financial income | 75/76B | €493 | €0 | -€493 | -100% |
| Recurring financial income | 75 | €493 | €0 | -€493 | -100% |
| Financial charges | 65/66B | €276 | €316 | +€40 | +14.6% |
| Recurring financial charges | 65 | €276 | €316 | +€40 | +14.6% |
| Profit (loss) for the period before taxes | 9903 | €22,555 | €29,595 | +€7,040 | +31.2% |
| Income taxes | 67/77 | €6,280 | €8,669 | +€2,389 | +38.0% |
| Profit (loss) for the period | 9904 | €16,275 | €20,925 | +€4,650 | +28.6% |
| Profit (loss) for the period to be appropriated | 9905 | €16,275 | €20,925 | +€4,650 | +28.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.