BILLIT: 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.
BILLIT
Largest movements
- Cash +€3.0m
up €3.0m (+256.9%), from €1.2m to €4.2m
mainly Accrued charges and deferred income (+€5.2m) and Depreciation (+€717,660)
- Receivables within one year +€1.7m
up €1.7m (+310.1%), from €556,725 to €2.3m
of which Trade receivables: +€1.4m
- Intangible fixed assets +€539,516
up €539,516 (+36.8%), from €1.5m to €2.0m
- Tangible fixed assets +€154,494
up €154,494 (+36.3%), from €426,117 to €580,611
of which Other tangible fixed assets: +€170,308
- Deferred charges and accrued income +€103,244
up €103,244 (+193.6%), from €53,316 to €156,559
- Accrued charges and deferred income +€5.2m
new in 2025: €5.2m
- Reserves -€882,680
down €882,680 (-35.0%), from €2.5m to €1.6m
of which Distributable reserves: -€882,680
- Trade debts +€688,518
up €688,518 (+188.8%), from €364,591 to €1.1m
- Tax, wage and social debts +€534,260
up €534,260 (+88.2%), from €605,930 to €1.1m
of which Taxes: +€279,024
- Staff costs +€1.5m
up €1.5m (+76.2%), from €2.0m to €3.5m
- Gross operating margin -€1.0m
down €1.0m (-22.3%), from €4.7m to €3.7m
- Depreciation +€301,950
up €301,950 (+72.6%), from €415,710 to €717,660
- Taxes -€279,423
down €279,423, from €247,534 to -€31,889
- Financial charges +€167,325
up €167,325 (+83.0%), from €201,586 to €368,911
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 | €3,681,207 | €9,240,924 | +€5.6m | +151.0% |
| Fixed assets | 21/28 | €1,892,779 | €2,595,944 | +€703,166 | +37.1% |
| Intangible fixed assets | 21 | €1,466,661 | €2,006,178 | +€539,516 | +36.8% |
| Tangible fixed assets | 22/27 | €426,117 | €580,611 | +€154,494 | +36.3% |
| Plant, machinery and equipment | 23 | €47,280 | €80,719 | +€33,439 | +70.7% |
| Furniture and vehicles | 24 | €296,370 | €247,116 | -€49,254 | -16.6% |
| Other tangible fixed assets | 26 | €82,468 | €252,776 | +€170,308 | +206.5% |
| Financial fixed assets | 28 | - | €9,155 | +€9,155 | |
| Current assets | 29/58 | €1,788,428 | €6,644,980 | +€4.9m | +271.6% |
| Amounts receivable within one year | 40/41 | €556,725 | €2,282,893 | +€1.7m | +310.1% |
| Trade receivables | 40 | €501,992 | €1,864,393 | +€1.4m | +271.4% |
| Other amounts receivable | 41 | €54,733 | €418,500 | +€363,767 | +664.6% |
| Cash at bank and in hand | 54/58 | €1,178,388 | €4,205,528 | +€3.0m | +256.9% |
| Deferred charges and accrued income | 490/1 | €53,316 | €156,559 | +€103,244 | +193.6% |
| Total equity and liabilities | 10/49 | €3,681,207 | €9,240,924 | +€5.6m | +151.0% |
| Equity | 10/15 | €2,586,183 | €1,703,503 | -€882,680 | -34.1% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €2,524,683 | €1,642,003 | -€882,680 | -35.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €2,518,533 | €1,635,853 | -€882,680 | -35.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Provisions and deferred taxes | 16 | - | €8,672 | +€8,672 | |
| Provisions for liabilities and charges | 160/5 | - | €8,672 | +€8,672 | |
| Pensions and similar obligations | 160 | - | €8,672 | +€8,672 | |
| Amounts payable | 17/49 | €1,095,023 | €7,528,748 | +€6.4m | +587.5% |
| Amounts payable after more than one year | 17 | €70,721 | €60,542 | -€10,179 | -14.4% |
| Financial debts | 170/4 | €70,721 | €60,542 | -€10,179 | -14.4% |
| Amounts payable within one year | 42/48 | €1,024,302 | €2,248,344 | +€1.2m | +119.5% |
| Current portion of amounts payable after more than one year | 42 | €53,781 | €55,046 | +€1,265 | +2.4% |
| Trade debts | 44 | €364,591 | €1,053,108 | +€688,518 | +188.8% |
| Suppliers | 440/4 | €364,591 | €1,053,108 | +€688,518 | +188.8% |
| Taxes, remuneration and social security | 45 | €605,930 | €1,140,190 | +€534,260 | +88.2% |
| Taxes | 450/3 | €359,991 | €639,015 | +€279,024 | +77.5% |
| Remuneration and social security | 454/9 | €245,939 | €501,175 | +€255,236 | +103.8% |
| Accrued charges and deferred income | 492/3 | - | €5,219,861 | +€5.2m | |
| Non-recurring operating income | 76A | - | €9,927 | +€9,927 | |
| Remuneration, social security and pensions | 62 | €1,969,137 | €3,468,912 | +€1.5m | +76.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €415,710 | €717,660 | +€301,950 | +72.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €8,672 | +€8,672 | |
| Other operating charges | 640/8 | €8,338 | €8,750 | +€412 | +4.9% |
| Non-recurring operating charges | 66A | - | €1,167 | +€1,167 | |
| Gross operating margin | 9900 | €4,706,648 | €3,659,241 | -€1.0m | -22.3% |
| Operating profit (loss) | 9901 | €2,313,463 | -€545,920 | -€2.9m | |
| Financial income | 75/76B | €7,626 | €262 | -€7,364 | -96.6% |
| Recurring financial income | 75 | €7,626 | €262 | -€7,364 | -96.6% |
| Financial charges | 65/66B | €201,586 | €368,911 | +€167,325 | +83.0% |
| Recurring financial charges | 65 | €201,586 | €368,911 | +€167,325 | +83.0% |
| Profit (loss) for the period before taxes | 9903 | €2,119,502 | -€914,569 | -€3.0m | |
| Income taxes | 67/77 | €247,534 | -€31,889 | -€279,423 | |
| Profit (loss) for the period | 9904 | €1,871,968 | -€882,680 | -€2.8m | |
| Profit (loss) for the period to be appropriated | 9905 | €1,871,968 | -€882,680 | -€2.8m |
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 8 October 2026 via checked.be.