Billo: 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.
Billo
Largest movements
- Receivables within one year +€75,426
up €75,426 (+94.2%), from €80,073 to €155,499
of which Trade receivables: +€69,562
- Financial fixed assets +€25,000
new in 2025: €25,000
- Other debts +€106,217
up €106,217 (+39.9%), from €266,086 to €372,303
- Debts after one year -€7,290
down €7,290 (-6.2%), from €118,324 to €111,034
- Tax, wage and social debts -€6,466
down €6,466 (-44.2%), from €14,622 to €8,156
of which Remuneration and social security: -€4,850
- Gross operating margin +€6,840
up €6,840 (+44.8%), from €15,267 to €22,107
- Financial charges +€3,104
up €3,104 (+84.9%), from €3,655 to €6,759
- Other operating charges +€2,615
up €2,615 (+121%), from €2,167 to €4,781
- Depreciation +€582
up €582 (+11.1%), from €5,246 to €5,829
- Taxes +€552
up €552 (+25.6%), from €2,156 to €2,708
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 | €460,862 | €558,249 | +€97,388 | +21.1% |
| Fixed assets | 21/28 | €167,210 | €188,672 | +€21,462 | +12.8% |
| Tangible fixed assets | 22/27 | €167,210 | €163,672 | -€3,538 | -2.1% |
| Land and buildings | 22 | €166,953 | €162,549 | -€4,404 | -2.6% |
| Furniture and vehicles | 24 | €257 | €1,123 | +€866 | +336% |
| Financial fixed assets | 28 | - | €25,000 | +€25,000 | |
| Current assets | 29/58 | €293,651 | €369,577 | +€75,926 | +25.9% |
| Amounts receivable after more than one year | 29 | €200,000 | €200,000 | = | 0.0% |
| Other amounts receivable | 291 | €200,000 | €200,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €80,073 | €155,499 | +€75,426 | +94.2% |
| Trade receivables | 40 | €35,130 | €104,692 | +€69,562 | +198% |
| Other amounts receivable | 41 | €44,943 | €50,807 | +€5,864 | +13.0% |
| Cash at bank and in hand | 54/58 | €11,092 | €8,994 | -€2,098 | -18.9% |
| Deferred charges and accrued income | 490/1 | €2,487 | €5,084 | +€2,598 | +104% |
| Total equity and liabilities | 10/49 | €460,862 | €558,249 | +€97,388 | +21.1% |
| Equity | 10/15 | €49,334 | €53,195 | +€3,861 | +7.8% |
| Contributions | 10/11 | €52,500 | €52,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,166 | €695 | +€3,861 | |
| Amounts payable | 17/49 | €411,527 | €505,054 | +€93,527 | +22.7% |
| Amounts payable after more than one year | 17 | €118,324 | €111,034 | -€7,290 | -6.2% |
| Financial debts | 170/4 | €118,324 | €111,034 | -€7,290 | -6.2% |
| Amounts payable within one year | 42/48 | €293,053 | €392,370 | +€99,317 | +33.9% |
| Current portion of amounts payable after more than one year | 42 | €7,191 | €7,290 | +€99 | +1.4% |
| Trade debts | 44 | €5,154 | €4,621 | -€533 | -10.3% |
| Suppliers | 440/4 | €5,154 | €4,621 | -€533 | -10.3% |
| Taxes, remuneration and social security | 45 | €14,622 | €8,156 | -€6,466 | -44.2% |
| Taxes | 450/3 | €9,772 | €8,156 | -€1,616 | -16.5% |
| Remuneration and social security | 454/9 | €4,850 | €0 | -€4,850 | -100% |
| Other amounts payable | 47/48 | €266,086 | €372,303 | +€106,217 | +39.9% |
| Accrued charges and deferred income | 492/3 | €150 | €1,650 | +€1,500 | +1,000% |
| Non-recurring operating income | 76A | - | €7,628 | +€7,628 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,246 | €5,829 | +€582 | +11.1% |
| Other operating charges | 640/8 | €2,167 | €4,781 | +€2,615 | +121% |
| Gross operating margin | 9900 | €15,267 | €22,107 | +€6,840 | +44.8% |
| Operating profit (loss) | 9901 | €7,854 | €11,497 | +€3,643 | +46.4% |
| Financial income | 75/76B | €1,794 | €1,831 | +€36 | +2.0% |
| Recurring financial income | 75 | €1,794 | €1,831 | +€36 | +2.0% |
| Financial charges | 65/66B | €3,655 | €6,759 | +€3,104 | +84.9% |
| Recurring financial charges | 65 | €3,655 | €6,759 | +€3,104 | +84.9% |
| Profit (loss) for the period before taxes | 9903 | €5,993 | €6,569 | +€576 | +9.6% |
| Income taxes | 67/77 | €2,156 | €2,708 | +€552 | +25.6% |
| Profit (loss) for the period | 9904 | €3,837 | €3,861 | +€24 | +0.6% |
| Profit (loss) for the period to be appropriated | 9905 | €3,837 | €3,861 | +€24 | +0.6% |
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 27 October 2026 via checked.be.