BILLENS: 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.
BILLENS
Largest movements
- Tangible fixed assets -€13,982
down €13,982 (-40.4%), from €34,613 to €20,630
of which Furniture and vehicles: -€13,733
- Cash -€12,663
down €12,663 (-9.0%), from €141,089 to €128,427
mainly Contributions, distributions and other (-€12,000) and Current portion of long-term debt (-€8,096)
- Deferred charges and accrued income -€3,066
down €3,066 (-49.6%), from €6,185 to €3,118
- Reserves -€16,928
down €16,928 (-9.4%), from €180,850 to €163,922
- Current portion of long-term debt -€8,096
down €8,096 (-78.5%), from €10,311 to €2,216
- Tax, wage and social debts -€4,884
down €4,884 (-96.5%), from €5,060 to €176
- Gross operating margin -€17,831
down €17,831 (-49.5%), from €36,019 to €18,188
- Taxes -€5,263
down €5,263 (-97.0%), from €5,428 to €165
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 | €229,552 | €198,847 | -€30,705 | -13.4% |
| Fixed assets | 21/28 | €38,132 | €24,149 | -€13,982 | -36.7% |
| Tangible fixed assets | 22/27 | €34,613 | €20,630 | -€13,982 | -40.4% |
| Plant, machinery and equipment | 23 | €14,322 | €14,072 | -€249 | -1.7% |
| Furniture and vehicles | 24 | €20,291 | €6,558 | -€13,733 | -67.7% |
| Financial fixed assets | 28 | €3,519 | €3,519 | = | 0.0% |
| Current assets | 29/58 | €191,420 | €174,698 | -€16,722 | -8.7% |
| Stocks and contracts in progress | 3 | €1,250 | €1,250 | = | 0.0% |
| Stocks | 30/36 | €1,250 | €1,250 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €42,896 | €41,903 | -€994 | -2.3% |
| Trade receivables | 40 | €35,261 | €38,068 | +€2,806 | +8.0% |
| Other amounts receivable | 41 | €7,635 | €3,835 | -€3,800 | -49.8% |
| Cash at bank and in hand | 54/58 | €141,089 | €128,427 | -€12,663 | -9.0% |
| Deferred charges and accrued income | 490/1 | €6,185 | €3,118 | -€3,066 | -49.6% |
| Total equity and liabilities | 10/49 | €229,552 | €198,847 | -€30,705 | -13.4% |
| Equity | 10/15 | €199,850 | €182,922 | -€16,928 | -8.5% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €180,850 | €163,922 | -€16,928 | -9.4% |
| Distributable reserves | 133 | €180,850 | €163,922 | -€16,928 | -9.4% |
| Amounts payable | 17/49 | €29,702 | €15,926 | -€13,776 | -46.4% |
| Amounts payable after more than one year | 17 | €2,216 | - | -€2,216 | |
| Financial debts | 170/4 | €2,216 | - | -€2,216 | |
| Amounts payable within one year | 42/48 | €25,486 | €13,926 | -€11,561 | -45.4% |
| Current portion of amounts payable after more than one year | 42 | €10,311 | €2,216 | -€8,096 | -78.5% |
| Trade debts | 44 | €10,115 | €10,588 | +€473 | +4.7% |
| Suppliers | 440/4 | €10,115 | €10,588 | +€473 | +4.7% |
| Taxes, remuneration and social security | 45 | €5,060 | €176 | -€4,884 | -96.5% |
| Taxes | 450/3 | €5,060 | €176 | -€4,884 | -96.5% |
| Other amounts payable | 47/48 | - | €946 | +€946 | |
| Accrued charges and deferred income | 492/3 | €2,000 | €2,000 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,189 | €20,970 | -€219 | -1.0% |
| Other operating charges | 640/8 | €1,824 | €1,734 | -€91 | -5.0% |
| Gross operating margin | 9900 | €36,019 | €18,188 | -€17,831 | -49.5% |
| Operating profit (loss) | 9901 | €13,006 | -€4,516 | -€17,522 | |
| Financial income | 75/76B | €315 | €205 | -€110 | -34.9% |
| Recurring financial income | 75 | €315 | €205 | -€110 | -34.9% |
| Financial charges | 65/66B | €552 | €452 | -€100 | -18.1% |
| Recurring financial charges | 65 | €552 | €452 | -€100 | -18.1% |
| Profit (loss) for the period before taxes | 9903 | €12,768 | -€4,763 | -€17,532 | |
| Income taxes | 67/77 | €5,428 | €165 | -€5,263 | -97.0% |
| Profit (loss) for the period | 9904 | €7,340 | -€4,928 | -€12,269 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,340 | -€4,928 | -€12,269 |
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 18 October 2026 via checked.be.