Bill&Rec: 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.
Bill&Rec
Largest movements
- Deferred charges and accrued income -€3,218
down €3,218 (-38.2%), from €8,430 to €5,212
- Receivables within one year -€2,549
down €2,549 (-11.4%), from €22,344 to €19,795
of which Trade receivables: -€14,906
- Cash -€1,254
no longer reported in 2025 (was €1,254)
mainly Net result for the year (-€9,325) and Tax, wage and social debts (-€4,364)
- Profit (loss) carried forward -€9,325
down €9,325 (-33.3%), from €28,025 to €18,700
- Trade debts +€6,342
up €6,342 (+2520.0%), from €252 to €6,594
- Tax, wage and social debts -€4,364
down €4,364 (-89.7%), from €4,866 to €502
- Gross operating margin -€41,765
down €41,765, from €38,900 to -€2,865
- Taxes -€7,738
down €7,738 (-98.3%), from €7,870 to €132
- Financial charges +€1,484
up €1,484 (+85.5%), from €1,735 to €3,220
- Depreciation +€1,074
up €1,074 (+108.1%), from €993 to €2,066
- Other operating charges +€780
up €780 (+281.5%), from €277 to €1,057
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 | €36,843 | €29,503 | -€7,340 | -19.9% |
| Fixed assets | 21/28 | €4,815 | €4,497 | -€319 | -6.6% |
| Tangible fixed assets | 22/27 | €4,815 | €4,497 | -€319 | -6.6% |
| Furniture and vehicles | 24 | €4,815 | €4,497 | -€319 | -6.6% |
| Current assets | 29/58 | €32,028 | €25,007 | -€7,021 | -21.9% |
| Amounts receivable within one year | 40/41 | €22,344 | €19,795 | -€2,549 | -11.4% |
| Trade receivables | 40 | €14,906 | - | -€14,906 | |
| Other amounts receivable | 41 | €7,438 | €19,795 | +€12,357 | +166.1% |
| Cash at bank and in hand | 54/58 | €1,254 | - | -€1,254 | |
| Deferred charges and accrued income | 490/1 | €8,430 | €5,212 | -€3,218 | -38.2% |
| Total equity and liabilities | 10/49 | €36,843 | €29,503 | -€7,340 | -19.9% |
| Equity | 10/15 | €31,725 | €22,400 | -€9,325 | -29.4% |
| Contributions | 10/11 | €3,700 | €3,700 | = | 0.0% |
| Profit (loss) carried forward | 14 | €28,025 | €18,700 | -€9,325 | -33.3% |
| Amounts payable | 17/49 | €5,118 | €7,104 | +€1,985 | +38.8% |
| Amounts payable within one year | 42/48 | €5,118 | €7,104 | +€1,985 | +38.8% |
| Financial debts | 43 | - | €7 | +€7 | |
| Credit institutions | 430/8 | - | €7 | +€7 | |
| Trade debts | 44 | €252 | €6,594 | +€6,342 | +2520.0% |
| Suppliers | 440/4 | €252 | €6,594 | +€6,342 | +2520.0% |
| Taxes, remuneration and social security | 45 | €4,866 | €502 | -€4,364 | -89.7% |
| Taxes | 450/3 | €4,866 | €502 | -€4,364 | -89.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €993 | €2,066 | +€1,074 | +108.1% |
| Other operating charges | 640/8 | €277 | €1,057 | +€780 | +281.5% |
| Gross operating margin | 9900 | €38,900 | -€2,865 | -€41,765 | |
| Operating profit (loss) | 9901 | €37,630 | -€5,988 | -€43,619 | |
| Financial income | 75/76B | €0 | €15 | +€15 | +16555.6% |
| Recurring financial income | 75 | €0 | €15 | +€15 | +16555.6% |
| Financial charges | 65/66B | €1,735 | €3,220 | +€1,484 | +85.5% |
| Recurring financial charges | 65 | €1,735 | €3,220 | +€1,484 | +85.5% |
| Profit (loss) for the period before taxes | 9903 | €35,895 | -€9,193 | -€45,088 | |
| Income taxes | 67/77 | €7,870 | €132 | -€7,738 | -98.3% |
| Profit (loss) for the period | 9904 | €28,025 | -€9,325 | -€37,350 | |
| Profit (loss) for the period to be appropriated | 9905 | €28,025 | -€9,325 | -€37,350 |
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 9 October 2026 via checked.be.