BILLET DETAILING: 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.
BILLET DETAILING
Largest movements
- Stocks and contracts -€12,353
no longer reported in 2025 (was €12,353)
- Tangible fixed assets -€10,859
down €10,859 (-20.2%), from €53,767 to €42,908
of which Land and buildings: -€5,621
- Receivables within one year +€3,243
up €3,243 (+72.0%), from €4,505 to €7,749
of which Trade receivables: +€2,775
- Profit (loss) carried forward -€25,063
down €25,063 (-942%), from -€2,661 to -€27,725
- Trade debts +€4,235
up €4,235 (+305%), from €1,390 to €5,625
- Current portion of long-term debt -€3,824
down €3,824 (-72.6%), from €5,269 to €1,445
- Other debts +€3,748
up €3,748 (+44.7%), from €8,378 to €12,126
- Short-term financial debts +€2,474
up €2,474 (+28.2%), from €8,770 to €11,244
- Gross operating margin -€30,262
down €30,262 (-56.6%), from €53,460 to €23,198
- Staff costs -€9,348
down €9,348 (-23.1%), from €40,404 to €31,056
- Write-downs +€5,000
new in 2025: €5,000
- Other operating charges -€1,245
down €1,245 (-79.2%), from €1,573 to €327
- Depreciation -€1,206
down €1,206 (-10.2%), from €11,795 to €10,590
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 | €79,948 | €58,644 | -€21,303 | -26.6% |
| Fixed assets | 21/28 | €59,017 | €48,158 | -€10,859 | -18.4% |
| Tangible fixed assets | 22/27 | €53,767 | €42,908 | -€10,859 | -20.2% |
| Land and buildings | 22 | €37,774 | €32,153 | -€5,621 | -14.9% |
| Plant, machinery and equipment | 23 | €6,536 | €3,562 | -€2,974 | -45.5% |
| Furniture and vehicles | 24 | €1,369 | - | -€1,369 | |
| Other tangible fixed assets | 26 | €8,088 | €7,193 | -€895 | -11.1% |
| Financial fixed assets | 28 | €5,250 | €5,250 | = | 0.0% |
| Current assets | 29/58 | €20,931 | €10,486 | -€10,445 | -49.9% |
| Stocks and contracts in progress | 3 | €12,353 | - | -€12,353 | |
| Stocks | 30/36 | €12,353 | - | -€12,353 | |
| Amounts receivable within one year | 40/41 | €4,505 | €7,749 | +€3,243 | +72.0% |
| Trade receivables | 40 | €4,449 | €7,224 | +€2,775 | +62.4% |
| Other amounts receivable | 41 | €56 | €525 | +€469 | +836% |
| Cash at bank and in hand | 54/58 | €3,354 | €2,738 | -€617 | -18.4% |
| Deferred charges and accrued income | 490/1 | €719 | - | -€719 | |
| Total equity and liabilities | 10/49 | €79,948 | €58,644 | -€21,303 | -26.6% |
| Equity | 10/15 | €29,133 | €4,069 | -€25,063 | -86.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €13,194 | €13,194 | = | 0.0% |
| Non-distributable reserves | 130/1 | €13,194 | - | -€13,194 | |
| Financial assistance | 1313 | €13,194 | - | -€13,194 | |
| Distributable reserves | 133 | - | €13,194 | +€13,194 | |
| Profit (loss) carried forward | 14 | -€2,661 | -€27,725 | -€25,063 | -942% |
| Amounts payable | 17/49 | €50,815 | €54,575 | +€3,760 | +7.4% |
| Amounts payable after more than one year | 17 | €8,201 | €8,201 | = | 0.0% |
| Financial debts | 170/4 | €8,201 | €8,201 | = | 0.0% |
| Amounts payable within one year | 42/48 | €40,677 | €46,374 | +€5,696 | +14.0% |
| Current portion of amounts payable after more than one year | 42 | €5,269 | €1,445 | -€3,824 | -72.6% |
| Financial debts | 43 | €8,770 | €11,244 | +€2,474 | +28.2% |
| Credit institutions | 430/8 | €8,770 | €11,244 | +€2,474 | +28.2% |
| Trade debts | 44 | €1,390 | €5,625 | +€4,235 | +305% |
| Suppliers | 440/4 | €1,390 | €5,625 | +€4,235 | +305% |
| Taxes, remuneration and social security | 45 | €16,871 | €15,934 | -€937 | -5.6% |
| Taxes | 450/3 | €16,871 | €7,515 | -€9,356 | -55.5% |
| Remuneration and social security | 454/9 | - | €8,419 | +€8,419 | |
| Other amounts payable | 47/48 | €8,378 | €12,126 | +€3,748 | +44.7% |
| Accrued charges and deferred income | 492/3 | €1,936 | - | -€1,936 | |
| Non-recurring operating income | 76A | - | €160 | +€160 | |
| Remuneration, social security and pensions | 62 | €40,404 | €31,056 | -€9,348 | -23.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,795 | €10,590 | -€1,206 | -10.2% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €5,000 | +€5,000 | |
| Other operating charges | 640/8 | €1,573 | €327 | -€1,245 | -79.2% |
| Gross operating margin | 9900 | €53,460 | €23,198 | -€30,262 | -56.6% |
| Operating profit (loss) | 9901 | -€312 | -€23,775 | -€23,463 | -7,523% |
| Financial income | 75/76B | €73 | €928 | +€855 | +1,164% |
| Recurring financial income | 75 | €73 | €928 | +€855 | +1,164% |
| Financial charges | 65/66B | €2,043 | €2,605 | +€562 | +27.5% |
| Recurring financial charges | 65 | €2,043 | €2,605 | +€562 | +27.5% |
| Profit (loss) for the period before taxes | 9903 | -€2,282 | -€25,451 | -€23,170 | -1,016% |
| Income taxes | 67/77 | - | -€388 | -€388 | |
| Profit (loss) for the period | 9904 | -€2,282 | -€25,063 | -€22,782 | -999% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,282 | -€25,063 | -€22,782 | -999% |
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.