BILLENCO: 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.
BILLENCO
Largest movements
- Receivables within one year +€15,766
up €15,766 (+2,659%), from €593 to €16,359
of which Trade receivables: +€14,950
- Tangible fixed assets -€7,065
down €7,065 (-12.2%), from €57,941 to €50,876
of which Other tangible fixed assets: -€9,701
- Profit (loss) carried forward -€34,517
down €34,517 (-34.9%), from -€98,838 to -€133,355
- Debts after one year +€33,413
up €33,413 (+23.2%), from €144,145 to €177,557
- Other debts +€9,323
new in 2024: €9,323
- Gross operating margin -€12,559
down €12,559 (-156%), from -€8,064 to -€20,624
- Depreciation +€799
up €799 (+6.5%), from €12,383 to €13,182
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €64,714 | €72,624 | +€7,910 | +12.2% |
| Fixed assets | 21/28 | €61,042 | €53,543 | -€7,499 | -12.3% |
| Intangible fixed assets | 21 | €1,626 | €1,192 | -€434 | -26.7% |
| Tangible fixed assets | 22/27 | €57,941 | €50,876 | -€7,065 | -12.2% |
| Land and buildings | 22 | €1,939 | €1,521 | -€418 | -21.6% |
| Plant, machinery and equipment | 23 | €9,237 | €7,948 | -€1,289 | -14.0% |
| Furniture and vehicles | 24 | €456 | €4,799 | +€4,343 | +952% |
| Other tangible fixed assets | 26 | €46,308 | €36,608 | -€9,701 | -20.9% |
| Financial fixed assets | 28 | €1,475 | €1,475 | = | 0.0% |
| Current assets | 29/58 | €3,673 | €19,081 | +€15,408 | +420% |
| Amounts receivable within one year | 40/41 | €593 | €16,359 | +€15,766 | +2,659% |
| Trade receivables | 40 | €593 | €15,543 | +€14,950 | +2,521% |
| Other amounts receivable | 41 | - | €816 | +€816 | |
| Current investments | 50/53 | €1,982 | €1,982 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €613 | €99 | -€514 | -83.9% |
| Deferred charges and accrued income | 490/1 | €485 | €641 | +€156 | +32.1% |
| Total equity and liabilities | 10/49 | €64,714 | €72,624 | +€7,910 | +12.2% |
| Equity | 10/15 | -€80,238 | -€114,755 | -€34,517 | -43.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€98,838 | -€133,355 | -€34,517 | -34.9% |
| Amounts payable | 17/49 | €144,952 | €187,378 | +€42,426 | +29.3% |
| Amounts payable after more than one year | 17 | €144,145 | €177,557 | +€33,413 | +23.2% |
| Other amounts payable | 178/9 | €144,145 | €177,557 | +€33,413 | +23.2% |
| Amounts payable within one year | 42/48 | €807 | €9,821 | +€9,014 | +1,117% |
| Financial debts | 43 | - | €498 | +€498 | |
| Credit institutions | 430/8 | - | €498 | +€498 | |
| Trade debts | 44 | €646 | - | -€646 | |
| Suppliers | 440/4 | €646 | - | -€646 | |
| Taxes, remuneration and social security | 45 | €161 | - | -€161 | |
| Taxes | 450/3 | €161 | - | -€161 | |
| Other amounts payable | 47/48 | - | €9,323 | +€9,323 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,383 | €13,182 | +€799 | +6.5% |
| Other operating charges | 640/8 | €592 | €616 | +€25 | +4.1% |
| Gross operating margin | 9900 | -€8,064 | -€20,624 | -€12,559 | -156% |
| Operating profit (loss) | 9901 | -€21,039 | -€34,422 | -€13,383 | -63.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | -€24 | €95 | +€118 | |
| Recurring financial charges | 65 | -€24 | €95 | +€118 | |
| Profit (loss) for the period before taxes | 9903 | -€21,015 | -€34,517 | -€13,501 | -64.2% |
| Profit (loss) for the period | 9904 | -€21,015 | -€34,517 | -€13,501 | -64.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€21,015 | -€34,517 | -€13,501 | -64.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.