BILLARDELLO: 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.
BILLARDELLO
Largest movements
- Receivables within one year +€4,800
up €4,800 (+12.7%), from €37,919 to €42,720
of which Other amounts receivable: +€2,477
- Cash +€3,052
up €3,052 (+62.6%), from €4,878 to €7,930
mainly Tax, wage and social debts (+€7,500) and Depreciation (+€1,538)
- Tax, wage and social debts +€7,500
up €7,500 (+252.0%), from €2,976 to €10,476
of which Remuneration and social security: +€7,500
- Gross operating margin +€6,738
up €6,738, from -€5,670 to €1,068
- Financial charges +€117
up €117 (+39.7%), from €296 to €413
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 | €227,237 | €234,148 | +€6,911 | +3.0% |
| Fixed assets | 21/28 | €184,160 | €182,622 | -€1,538 | -0.8% |
| Tangible fixed assets | 22/27 | €184,160 | €182,622 | -€1,538 | -0.8% |
| Land and buildings | 22 | €183,726 | €182,380 | -€1,346 | -0.7% |
| Plant, machinery and equipment | 23 | €434 | €243 | -€192 | -44.1% |
| Current assets | 29/58 | €43,078 | €51,526 | +€8,449 | +19.6% |
| Stocks and contracts in progress | 3 | €280 | €315 | +€35 | +12.4% |
| Stocks | 30/36 | €280 | €315 | +€35 | +12.4% |
| Amounts receivable within one year | 40/41 | €37,919 | €42,720 | +€4,800 | +12.7% |
| Trade receivables | 40 | €7,799 | €10,122 | +€2,323 | +29.8% |
| Other amounts receivable | 41 | €30,120 | €32,598 | +€2,477 | +8.2% |
| Cash at bank and in hand | 54/58 | €4,878 | €7,930 | +€3,052 | +62.6% |
| Deferred charges and accrued income | 490/1 | - | €562 | +€562 | |
| Total equity and liabilities | 10/49 | €227,237 | €234,148 | +€6,911 | +3.0% |
| Equity | 10/15 | €215,025 | €213,681 | -€1,344 | -0.6% |
| Contributions | 10/11 | €29,747 | €29,747 | = | 0.0% |
| Revaluation surpluses | 12 | €144,314 | €144,314 | = | 0.0% |
| Reserves | 13 | €40,964 | €39,619 | -€1,344 | -3.3% |
| Non-distributable reserves | 130/1 | €2,975 | €2,975 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,975 | €2,975 | = | 0.0% |
| Distributable reserves | 133 | €37,989 | €36,645 | -€1,344 | -3.5% |
| Amounts payable | 17/49 | €12,212 | €20,468 | +€8,255 | +67.6% |
| Amounts payable within one year | 42/48 | €10,133 | €18,113 | +€7,980 | +78.8% |
| Trade debts | 44 | €1,157 | €1,637 | +€480 | +41.5% |
| Suppliers | 440/4 | €1,157 | €1,637 | +€480 | +41.5% |
| Taxes, remuneration and social security | 45 | €2,976 | €10,476 | +€7,500 | +252.0% |
| Taxes | 450/3 | €2,976 | €2,976 | = | 0.0% |
| Remuneration and social security | 454/9 | - | €7,500 | +€7,500 | |
| Other amounts payable | 47/48 | €6,000 | €6,000 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €2,079 | €2,354 | +€275 | +13.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,538 | €1,538 | = | 0.0% |
| Other operating charges | 640/8 | €449 | €462 | +€12 | +2.8% |
| Gross operating margin | 9900 | -€5,670 | €1,068 | +€6,738 | |
| Operating profit (loss) | 9901 | -€7,656 | -€931 | +€6,725 | +87.8% |
| Financial charges | 65/66B | €296 | €413 | +€117 | +39.7% |
| Recurring financial charges | 65 | €296 | €413 | +€117 | +39.7% |
| Profit (loss) for the period before taxes | 9903 | -€7,952 | -€1,344 | +€6,608 | +83.1% |
| Profit (loss) for the period | 9904 | -€7,952 | -€1,344 | +€6,608 | +83.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€7,952 | -€1,344 | +€6,608 | +83.1% |
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 3 October 2026 via checked.be.