BILLIGHOUT: what changed
BILLIGHOUT
Largest movements
- Cash -€82,512
down €82,512 (-85.8%), from €96,179 to €13,667
mainly Other debts (-€89,972) and Investment in fixed assets (net) (-€27,812)
- Tangible fixed assets -€47,861
down €47,861 (-20.8%), from €230,369 to €182,508
of which Furniture and vehicles: -€37,059
- Stocks and contracts +€19,400
up €19,400 (+26.9%), from €72,000 to €91,400
- Receivables within one year +€7,534
up €7,534 (+54.5%), from €13,825 to €21,358
of which Trade receivables: +€10,253
- Other debts -€89,972
down €89,972 (-86.3%), from €104,294 to €14,322
- Trade debts +€32,623
up €32,623 (+309%), from €10,565 to €43,189
- Profit (loss) carried forward -€27,696
new in 2025: -€27,696
- Gross operating margin -€36,177
down €36,177 (-43.2%), from €83,724 to €47,547
- Depreciation -€15,313
down €15,313 (-17.3%), from €88,321 to €73,007
- Financial income -€10,629
down €10,629 (-72.3%), from €14,708 to €4,079
- Other operating charges +€3,086
up €3,086 (+103%), from €3,005 to €6,091
- Financial charges -€2,349
down €2,349 (-91.3%), from €2,573 to €224
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €605,602 | €504,836 | -€100,766 | -16.6% |
| Fixed assets | 21/28 | €230,369 | €185,174 | -€45,195 | -19.6% |
| Intangible fixed assets | 21 | - | €2,666 | +€2,666 | |
| Tangible fixed assets | 22/27 | €230,369 | €182,508 | -€47,861 | -20.8% |
| Land and buildings | 22 | €73,081 | €71,278 | -€1,803 | -2.5% |
| Plant, machinery and equipment | 23 | €45,088 | €36,089 | -€9,000 | -20.0% |
| Furniture and vehicles | 24 | €112,200 | €75,141 | -€37,059 | -33.0% |
| Current assets | 29/58 | €375,233 | €319,662 | -€55,571 | -14.8% |
| Stocks and contracts in progress | 3 | €72,000 | €91,400 | +€19,400 | +26.9% |
| Stocks | 30/36 | €72,000 | €91,400 | +€19,400 | +26.9% |
| Amounts receivable within one year | 40/41 | €13,825 | €21,358 | +€7,534 | +54.5% |
| Trade receivables | 40 | €4,982 | €15,235 | +€10,253 | +206% |
| Other amounts receivable | 41 | €8,843 | €6,123 | -€2,720 | -30.8% |
| Current investments | 50/53 | €172,828 | €172,964 | +€136 | +0.1% |
| Cash at bank and in hand | 54/58 | €96,179 | €13,667 | -€82,512 | -85.8% |
| Deferred charges and accrued income | 490/1 | €20,400 | €20,273 | -€128 | -0.6% |
| Total equity and liabilities | 10/49 | €605,602 | €504,836 | -€100,766 | -16.6% |
| Equity | 10/15 | €469,782 | €442,085 | -€27,696 | -5.9% |
| Contributions | 10/11 | €119,000 | €119,000 | = | 0.0% |
| Reserves | 13 | €350,782 | €350,782 | = | 0.0% |
| Tax-exempt reserves | 132 | €4,088 | €4,088 | = | 0.0% |
| Distributable reserves | 133 | €346,694 | €346,694 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€27,696 | -€27,696 | |
| Amounts payable | 17/49 | €135,820 | €62,750 | -€73,069 | -53.8% |
| Amounts payable after more than one year | 17 | €4,937 | - | -€4,937 | |
| Financial debts | 170/4 | €4,937 | - | -€4,937 | |
| Amounts payable within one year | 42/48 | €130,883 | €62,750 | -€68,132 | -52.1% |
| Current portion of amounts payable after more than one year | 42 | €9,818 | €4,937 | -€4,881 | -49.7% |
| Trade debts | 44 | €10,565 | €43,189 | +€32,623 | +309% |
| Suppliers | 440/4 | €10,565 | €43,189 | +€32,623 | +309% |
| Taxes, remuneration and social security | 45 | €6,206 | €303 | -€5,903 | -95.1% |
| Taxes | 450/3 | €6,206 | €303 | -€5,903 | -95.1% |
| Other amounts payable | 47/48 | €104,294 | €14,322 | -€89,972 | -86.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €88,321 | €73,007 | -€15,313 | -17.3% |
| Other operating charges | 640/8 | €3,005 | €6,091 | +€3,086 | +103% |
| Gross operating margin | 9900 | €83,724 | €47,547 | -€36,177 | -43.2% |
| Operating profit (loss) | 9901 | -€7,601 | -€31,552 | -€23,950 | -315% |
| Financial income | 75/76B | €14,708 | €4,079 | -€10,629 | -72.3% |
| Recurring financial income | 75 | €14,708 | €4,079 | -€10,629 | -72.3% |
| Financial charges | 65/66B | €2,573 | €224 | -€2,349 | -91.3% |
| Recurring financial charges | 65 | €2,573 | €224 | -€2,349 | -91.3% |
| Profit (loss) for the period before taxes | 9903 | €4,534 | -€27,696 | -€32,230 | |
| Income taxes | 67/77 | €1,500 | - | -€1,500 | |
| Profit (loss) for the period | 9904 | €3,033 | -€27,696 | -€30,730 | |
| Profit (loss) for the period to be appropriated | 9905 | €3,033 | -€27,696 | -€30,730 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.