Billie Bang: 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.
Billie Bang
Largest movements
- Intangible fixed assets +€25,000
new in 2025: €25,000
- Receivables within one year -€8,269
down €8,269 (-31.9%), from €25,928 to €17,659
of which Trade receivables: -€20,193
- Cash -€7,405
down €7,405 (-7.9%), from €93,202 to €85,798
mainly Investment in fixed assets (net) (-€29,421) and Tax, wage and social debts (-€17,143)
- Reserves +€24,793
up €24,793 (+26.2%), from €94,507 to €119,300
- Tax, wage and social debts -€17,143
down €17,143 (-58.9%), from €29,108 to €11,965
- Trade debts +€1,541
up €1,541 (+70.2%), from €2,195 to €3,736
- Other debts +€1,531
up €1,531 (+141%), from €1,083 to €2,614
- Gross operating margin -€90,280
down €90,280 (-70.7%), from €127,664 to €37,384
- Taxes -€22,284
down €22,284 (-73.4%), from €30,360 to €8,077
- Depreciation +€1,620
up €1,620 (+115%), from €1,405 to €3,025
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 | €128,893 | €139,615 | +€10,722 | +8.3% |
| Fixed assets | 21/28 | €9,763 | €36,159 | +€26,396 | +270% |
| Intangible fixed assets | 21 | - | €25,000 | +€25,000 | |
| Tangible fixed assets | 22/27 | €9,763 | €11,159 | +€1,396 | +14.3% |
| Land and buildings | 22 | €5,885 | €5,203 | -€682 | -11.6% |
| Plant, machinery and equipment | 23 | €3,878 | €3,009 | -€869 | -22.4% |
| Furniture and vehicles | 24 | - | €2,947 | +€2,947 | |
| Current assets | 29/58 | €119,130 | €103,456 | -€15,674 | -13.2% |
| Amounts receivable within one year | 40/41 | €25,928 | €17,659 | -€8,269 | -31.9% |
| Trade receivables | 40 | €25,928 | €5,735 | -€20,193 | -77.9% |
| Other amounts receivable | 41 | - | €11,923 | +€11,923 | |
| Cash at bank and in hand | 54/58 | €93,202 | €85,798 | -€7,405 | -7.9% |
| Total equity and liabilities | 10/49 | €128,893 | €139,615 | +€10,722 | +8.3% |
| Equity | 10/15 | €96,507 | €121,300 | +€24,793 | +25.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €94,507 | €119,300 | +€24,793 | +26.2% |
| Distributable reserves | 133 | €94,507 | €119,300 | +€24,793 | +26.2% |
| Amounts payable | 17/49 | €32,386 | €18,315 | -€14,071 | -43.4% |
| Amounts payable within one year | 42/48 | €32,386 | €18,315 | -€14,071 | -43.4% |
| Trade debts | 44 | €2,195 | €3,736 | +€1,541 | +70.2% |
| Suppliers | 440/4 | €2,195 | €3,736 | +€1,541 | +70.2% |
| Taxes, remuneration and social security | 45 | €29,108 | €11,965 | -€17,143 | -58.9% |
| Taxes | 450/3 | €29,108 | €11,965 | -€17,143 | -58.9% |
| Other amounts payable | 47/48 | €1,083 | €2,614 | +€1,531 | +141% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,405 | €3,025 | +€1,620 | +115% |
| Other operating charges | 640/8 | €1,244 | €892 | -€353 | -28.3% |
| Gross operating margin | 9900 | €127,664 | €37,384 | -€90,280 | -70.7% |
| Operating profit (loss) | 9901 | €125,015 | €33,467 | -€91,548 | -73.2% |
| Financial charges | 65/66B | €147 | €597 | +€450 | +306% |
| Recurring financial charges | 65 | €147 | €597 | +€450 | +306% |
| Profit (loss) for the period before taxes | 9903 | €124,868 | €32,870 | -€91,998 | -73.7% |
| Income taxes | 67/77 | €30,360 | €8,077 | -€22,284 | -73.4% |
| Profit (loss) for the period | 9904 | €94,507 | €24,793 | -€69,714 | -73.8% |
| Profit (loss) for the period to be appropriated | 9905 | €94,507 | €24,793 | -€69,714 | -73.8% |
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 23 October 2026 via checked.be.