BiLi Management: 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.
BiLi Management
Largest movements
- Intangible fixed assets -€56,848
down €56,848 (-11.7%), from €485,780 to €428,932
- Receivables within one year -€15,189
down €15,189 (-83.9%), from €18,096 to €2,907
of which Other amounts receivable: -€8,106
- Other debts -€242,623
down €242,623 (-61.9%), from €391,913 to €149,290
- Debts after one year +€125,314
up €125,314 (+793%), from €15,797 to €141,111
- Current portion of long-term debt +€35,858
up €35,858 (+344%), from €10,424 to €46,283
- Reserves +€25,319
up €25,319 (+48.2%), from €52,527 to €77,846
- Tax, wage and social debts -€17,583
down €17,583 (-55.2%), from €31,845 to €14,262
of which Taxes: -€15,305
- Staff costs -€35,409
down €35,409 (-50.5%), from €70,048 to €34,639
- Taxes +€8,547
up €8,547 (+403%), from €2,119 to €10,666
- Financial charges +€6,422
up €6,422 (+66.0%), from €9,727 to €16,149
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 | €565,365 | €488,577 | -€76,787 | -13.6% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €528,233 | €467,197 | -€61,036 | -11.6% |
| Intangible fixed assets | 21 | €485,780 | €428,932 | -€56,848 | -11.7% |
| Tangible fixed assets | 22/27 | €42,452 | €38,264 | -€4,188 | -9.9% |
| Plant, machinery and equipment | 23 | €42,452 | €38,264 | -€4,188 | -9.9% |
| Current assets | 29/58 | €37,132 | €21,381 | -€15,751 | -42.4% |
| Stocks and contracts in progress | 3 | €5,759 | €5,941 | +€183 | +3.2% |
| Stocks | 30/36 | €5,759 | €5,941 | +€183 | +3.2% |
| Amounts receivable within one year | 40/41 | €18,096 | €2,907 | -€15,189 | -83.9% |
| Trade receivables | 40 | €7,083 | €0 | -€7,083 | -100% |
| Other amounts receivable | 41 | €11,012 | €2,907 | -€8,106 | -73.6% |
| Cash at bank and in hand | 54/58 | €13,238 | €12,449 | -€789 | -6.0% |
| Deferred charges and accrued income | 490/1 | €40 | €84 | +€44 | +109% |
| Total equity and liabilities | 10/49 | €565,365 | €488,577 | -€76,787 | -13.6% |
| Equity | 10/15 | €57,527 | €82,846 | +€25,319 | +44.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €52,527 | €77,846 | +€25,319 | +48.2% |
| Distributable reserves | 133 | €52,527 | €77,846 | +€25,319 | +48.2% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €507,838 | €405,732 | -€102,106 | -20.1% |
| Amounts payable after more than one year | 17 | €15,797 | €141,111 | +€125,314 | +793% |
| Financial debts | 170/4 | €15,797 | €141,111 | +€125,314 | +793% |
| Amounts payable within one year | 42/48 | €492,041 | €264,621 | -€227,420 | -46.2% |
| Current portion of amounts payable after more than one year | 42 | €10,424 | €46,283 | +€35,858 | +344% |
| Trade debts | 44 | €57,859 | €54,786 | -€3,072 | -5.3% |
| Suppliers | 440/4 | €57,859 | €54,786 | -€3,072 | -5.3% |
| Taxes, remuneration and social security | 45 | €31,845 | €14,262 | -€17,583 | -55.2% |
| Taxes | 450/3 | €28,090 | €12,785 | -€15,305 | -54.5% |
| Remuneration and social security | 454/9 | €3,755 | €1,478 | -€2,278 | -60.6% |
| Other amounts payable | 47/48 | €391,913 | €149,290 | -€242,623 | -61.9% |
| Remuneration, social security and pensions | 62 | €70,048 | €34,639 | -€35,409 | -50.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €62,476 | €62,296 | -€180 | -0.3% |
| Other operating charges | 640/8 | €2,511 | €1,898 | -€613 | -24.4% |
| Non-recurring operating charges | 66A | €365 | €0 | -€365 | -100% |
| Gross operating margin | 9900 | €150,673 | €150,967 | +€293 | +0.2% |
| Operating profit (loss) | 9901 | €15,274 | €52,133 | +€36,859 | +241% |
| Financial income | 75/76B | €77 | €1 | -€76 | -99.0% |
| Recurring financial income | 75 | €77 | €1 | -€76 | -99.0% |
| Financial charges | 65/66B | €9,727 | €16,149 | +€6,422 | +66.0% |
| Recurring financial charges | 65 | €9,727 | €16,149 | +€6,422 | +66.0% |
| Profit (loss) for the period before taxes | 9903 | €5,624 | €35,984 | +€30,360 | +540% |
| Income taxes | 67/77 | €2,119 | €10,666 | +€8,547 | +403% |
| Profit (loss) for the period | 9904 | €3,505 | €25,319 | +€21,814 | +622% |
| Profit (loss) for the period to be appropriated | 9905 | €3,505 | €25,319 | +€21,814 | +622% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.