BILLON & FILS: 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.
BILLON & FILS
Largest movements
- Receivables within one year -€36,530
down €36,530 (-53.5%), from €68,311 to €31,781
of which Other amounts receivable: -€43,670
- Tangible fixed assets +€2,003
up €2,003 (+58.7%), from €3,414 to €5,417
of which Furniture and vehicles: +€3,152
- Deferred charges and accrued income +€902
new in 2025: €902
- Other debts -€26,788
down €26,788 (-54.5%), from €49,160 to €22,372
- Advances received -€11,654
no longer reported in 2025 (was €11,654)
- Trade debts -€6,980
down €6,980 (-79.1%), from €8,826 to €1,846
- Accrued charges and deferred income +€6,550
new in 2025: €6,550
- Short-term financial debts +€4,227
new in 2025: €4,227
- Gross operating margin +€10,378
up €10,378 (+317%), from €3,278 to €13,656
- Depreciation +€1,445
up €1,445 (+124%), from €1,163 to €2,609
- Taxes +€1,298
new in 2025: €1,298
- Other operating charges -€165
down €165 (-38.3%), from €430 to €265
- Staff costs +€150
up €150 (+7.9%), from €1,901 to €2,050
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 | €81,500 | €47,054 | -€34,446 | -42.3% |
| Fixed assets | 21/28 | €3,414 | €5,417 | +€2,003 | +58.7% |
| Tangible fixed assets | 22/27 | €3,414 | €5,417 | +€2,003 | +58.7% |
| Plant, machinery and equipment | 23 | €3,414 | €2,266 | -€1,149 | -33.6% |
| Furniture and vehicles | 24 | - | €3,152 | +€3,152 | |
| Current assets | 29/58 | €78,085 | €41,636 | -€36,449 | -46.7% |
| Stocks and contracts in progress | 3 | €2,614 | €1,939 | -€675 | -25.8% |
| Stocks | 30/36 | €2,614 | €1,939 | -€675 | -25.8% |
| Amounts receivable within one year | 40/41 | €68,311 | €31,781 | -€36,530 | -53.5% |
| Trade receivables | 40 | €9,701 | €16,841 | +€7,139 | +73.6% |
| Other amounts receivable | 41 | €58,610 | €14,940 | -€43,670 | -74.5% |
| Cash at bank and in hand | 54/58 | €7,160 | €7,014 | -€146 | -2.0% |
| Deferred charges and accrued income | 490/1 | - | €902 | +€902 | |
| Total equity and liabilities | 10/49 | €81,500 | €47,054 | -€34,446 | -42.3% |
| Equity | 10/15 | €11,860 | €12,058 | +€198 | +1.7% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€7,140 | -€6,942 | +€198 | +2.8% |
| Amounts payable | 17/49 | €69,640 | €34,995 | -€34,644 | -49.7% |
| Amounts payable within one year | 42/48 | €69,640 | €28,445 | -€41,194 | -59.2% |
| Financial debts | 43 | - | €4,227 | +€4,227 | |
| Credit institutions | 430/8 | - | €4,227 | +€4,227 | |
| Trade debts | 44 | €8,826 | €1,846 | -€6,980 | -79.1% |
| Suppliers | 440/4 | €8,826 | €1,846 | -€6,980 | -79.1% |
| Advances received on contracts in progress | 46 | €11,654 | - | -€11,654 | |
| Other amounts payable | 47/48 | €49,160 | €22,372 | -€26,788 | -54.5% |
| Accrued charges and deferred income | 492/3 | - | €6,550 | +€6,550 | |
| Remuneration, social security and pensions | 62 | €1,901 | €2,050 | +€150 | +7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,163 | €2,609 | +€1,445 | +124% |
| Other operating charges | 640/8 | €430 | €265 | -€165 | -38.3% |
| Gross operating margin | 9900 | €3,278 | €13,656 | +€10,378 | +317% |
| Operating profit (loss) | 9901 | -€216 | €8,732 | +€8,948 | |
| Financial income | 75/76B | - | €53 | +€53 | |
| Recurring financial income | 75 | - | €53 | +€53 | |
| Financial charges | 65/66B | €213 | €288 | +€75 | +35.2% |
| Recurring financial charges | 65 | €213 | €288 | +€75 | +35.2% |
| Profit (loss) for the period before taxes | 9903 | -€429 | €8,497 | +€8,926 | |
| Income taxes | 67/77 | - | €1,298 | +€1,298 | |
| Profit (loss) for the period | 9904 | -€429 | €7,198 | +€7,628 | |
| Profit (loss) for the period to be appropriated | 9905 | -€429 | €7,198 | +€7,628 |
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 28 October 2026 via checked.be.