BILCHA: 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.
BILCHA
Largest movements
- Cash +€33,799
up €33,799 (+53.9%), from €62,736 to €96,535
mainly Net result for the year (+€33,683) and Depreciation (+€5,472)
- Tangible fixed assets -€5,472
down €5,472 (-25.2%), from €21,740 to €16,267
- Receivables within one year +€2,169
up €2,169 (+35.2%), from €6,161 to €8,330
of which Trade receivables: +€3,321
- Reserves +€33,000
up €33,000 (+69.5%), from €47,500 to €80,500
- Other debts -€7,475
down €7,475 (-33.2%), from €22,500 to €15,025
- Tax, wage and social debts +€4,200
up €4,200 (+23.5%), from €17,835 to €22,035
- Gross operating margin +€20,482
up €20,482 (+61.8%), from €33,121 to €53,604
- Taxes +€6,193
up €6,193 (+81.6%), from €7,588 to €13,780
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 | €92,207 | €121,504 | +€29,297 | +31.8% |
| Fixed assets | 21/28 | €21,740 | €16,267 | -€5,472 | -25.2% |
| Tangible fixed assets | 22/27 | €21,740 | €16,267 | -€5,472 | -25.2% |
| Furniture and vehicles | 24 | €21,740 | €16,267 | -€5,472 | -25.2% |
| Current assets | 29/58 | €70,467 | €105,236 | +€34,769 | +49.3% |
| Amounts receivable within one year | 40/41 | €6,161 | €8,330 | +€2,169 | +35.2% |
| Trade receivables | 40 | €5,008 | €8,330 | +€3,321 | +66.3% |
| Other amounts receivable | 41 | €1,152 | €0 | -€1,152 | -100.0% |
| Cash at bank and in hand | 54/58 | €62,736 | €96,535 | +€33,799 | +53.9% |
| Deferred charges and accrued income | 490/1 | €1,571 | €371 | -€1,199 | -76.4% |
| Total equity and liabilities | 10/49 | €92,207 | €121,504 | +€29,297 | +31.8% |
| Equity | 10/15 | €49,997 | €83,680 | +€33,683 | +67.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €47,500 | €80,500 | +€33,000 | +69.5% |
| Distributable reserves | 133 | €47,500 | €80,500 | +€33,000 | +69.5% |
| Profit (loss) carried forward | 14 | €497 | €1,180 | +€683 | +137.4% |
| Amounts payable | 17/49 | €42,210 | €37,824 | -€4,386 | -10.4% |
| Amounts payable within one year | 42/48 | €42,210 | €37,824 | -€4,386 | -10.4% |
| Trade debts | 44 | €1,875 | €764 | -€1,111 | -59.2% |
| Suppliers | 440/4 | €1,875 | €764 | -€1,111 | -59.2% |
| Taxes, remuneration and social security | 45 | €17,835 | €22,035 | +€4,200 | +23.5% |
| Taxes | 450/3 | €17,835 | €22,035 | +€4,200 | +23.5% |
| Other amounts payable | 47/48 | €22,500 | €15,025 | -€7,475 | -33.2% |
| Turnover | 70 | - | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,472 | €5,472 | = | 0.0% |
| Other operating charges | 640/8 | €106 | €506 | +€400 | +376.2% |
| Gross operating margin | 9900 | €33,121 | €53,604 | +€20,482 | +61.8% |
| Operating profit (loss) | 9901 | €27,543 | €47,625 | +€20,083 | +72.9% |
| Financial income | 75/76B | €0 | €0 | +€0 | +100.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +100.0% |
| Financial charges | 65/66B | €140 | €162 | +€22 | +15.7% |
| Recurring financial charges | 65 | €140 | €162 | +€22 | +15.7% |
| Profit (loss) for the period before taxes | 9903 | €27,402 | €47,463 | +€20,061 | +73.2% |
| Income taxes | 67/77 | €7,588 | €13,780 | +€6,193 | +81.6% |
| Profit (loss) for the period | 9904 | €19,815 | €33,683 | +€13,868 | +70.0% |
| Profit (loss) for the period to be appropriated | 9905 | €19,815 | €33,683 | +€13,868 | +70.0% |
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 6 October 2026 via checked.be.