BILLIET & C°: 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.
BILLIET & C°
Largest movements
- Tangible fixed assets -€17,635
down €17,635 (-38.8%), from €45,424 to €27,789
of which Land and buildings: -€10,131
- Receivables within one year -€12,650
down €12,650 (-69.7%), from €18,155 to €5,505
- Cash +€9,712
up €9,712 (+2.3%), from €428,347 to €438,059
mainly Net result for the year (+€45,072) and Depreciation (+€17,635)
- Other debts -€19,471
down €19,471 (-26.5%), from €73,445 to €53,974
- Taxes +€9,642
up €9,642 (+86.7%), from €11,115 to €20,757
- Gross operating margin -€6,896
down €6,896 (-7.6%), from €90,543 to €83,647
- Depreciation -€1,236
down €1,236 (-6.5%), from €18,871 to €17,635
- Financial charges -€943
down €943 (-83.7%), from €1,126 to €183
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 | €497,449 | €474,872 | -€22,577 | -4.5% |
| Fixed assets | 21/28 | €45,424 | €27,789 | -€17,635 | -38.8% |
| Tangible fixed assets | 22/27 | €45,424 | €27,789 | -€17,635 | -38.8% |
| Land and buildings | 22 | €23,165 | €13,034 | -€10,131 | -43.7% |
| Plant, machinery and equipment | 23 | €7,862 | €3,989 | -€3,873 | -49.3% |
| Furniture and vehicles | 24 | €14,397 | €10,766 | -€3,631 | -25.2% |
| Current assets | 29/58 | €452,025 | €447,083 | -€4,942 | -1.1% |
| Amounts receivable within one year | 40/41 | €18,155 | €5,505 | -€12,650 | -69.7% |
| Other amounts receivable | 41 | €18,155 | €5,505 | -€12,650 | -69.7% |
| Cash at bank and in hand | 54/58 | €428,347 | €438,059 | +€9,712 | +2.3% |
| Deferred charges and accrued income | 490/1 | €5,523 | €3,519 | -€2,004 | -36.3% |
| Total equity and liabilities | 10/49 | €497,449 | €474,872 | -€22,577 | -4.5% |
| Equity | 10/15 | €424,004 | €420,898 | -€3,106 | -0.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Outside capital | 11 | - | €62,000 | +€62,000 | |
| Share premium | 1100/10 | - | €62,000 | +€62,000 | |
| Reserves | 13 | €362,004 | €358,898 | -€3,106 | -0.9% |
| Distributable reserves | 133 | €362,004 | €358,898 | -€3,106 | -0.9% |
| Amounts payable | 17/49 | €73,445 | €53,974 | -€19,471 | -26.5% |
| Amounts payable within one year | 42/48 | €73,445 | €53,974 | -€19,471 | -26.5% |
| Other amounts payable | 47/48 | €73,445 | €53,974 | -€19,471 | -26.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,871 | €17,635 | -€1,236 | -6.5% |
| Gross operating margin | 9900 | €90,543 | €83,647 | -€6,896 | -7.6% |
| Operating profit (loss) | 9901 | €71,672 | €66,012 | -€5,660 | -7.9% |
| Financial income | 75/76B | €816 | - | -€816 | |
| Recurring financial income | 75 | €816 | - | -€816 | |
| Financial charges | 65/66B | €1,126 | €183 | -€943 | -83.7% |
| Recurring financial charges | 65 | €1,126 | €183 | -€943 | -83.7% |
| Profit (loss) for the period before taxes | 9903 | €71,362 | €65,829 | -€5,533 | -7.8% |
| Income taxes | 67/77 | €11,115 | €20,757 | +€9,642 | +86.7% |
| Profit (loss) for the period | 9904 | €60,247 | €45,072 | -€15,175 | -25.2% |
| Profit (loss) for the period to be appropriated | 9905 | €60,247 | €45,072 | -€15,175 | -25.2% |
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 5 October 2026 via checked.be.