BILLOUEZ: 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.
BILLOUEZ
Largest movements
- Tangible fixed assets +€86,936
up €86,936 (+22.2%), from €390,860 to €477,796
of which Furniture and vehicles: +€138,129
- Receivables within one year -€53,475
down €53,475 (-23.7%), from €225,520 to €172,044
of which Trade receivables: -€60,694
- Cash +€48,489
up €48,489 (+38.8%), from €124,830 to €173,320
mainly Depreciation (+€81,875) and Net result for the year (+€61,215)
- Stocks and contracts -€15,722
down €15,722 (-16.4%), from €95,758 to €80,036
- Debts after one year +€51,337
up €51,337 (+23.7%), from €216,708 to €268,045
- Tax, wage and social debts -€45,787
down €45,787 (-84.0%), from €54,506 to €8,719
of which Taxes: -€41,614
- Reserves +€41,215
up €41,215 (+14.3%), from €289,071 to €330,287
of which Distributable reserves: +€41,215
- Current portion of long-term debt +€31,300
up €31,300 (+74.5%), from €42,015 to €73,315
- Trade debts -€26,553
down €26,553 (-24.5%), from €108,510 to €81,957
- Staff costs +€40,347
up €40,347 (+109%), from €37,168 to €77,515
- Gross operating margin +€14,839
up €14,839 (+6.2%), from €240,732 to €255,571
- Taxes -€14,555
down €14,555 (-34.9%), from €41,762 to €27,207
- Depreciation +€10,241
up €10,241 (+14.3%), from €71,633 to €81,875
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 | €846,844 | €907,131 | +€60,287 | +7.1% |
| Fixed assets | 21/28 | €393,993 | €480,929 | +€86,936 | +22.1% |
| Tangible fixed assets | 22/27 | €390,860 | €477,796 | +€86,936 | +22.2% |
| Land and buildings | 22 | €133,443 | €128,381 | -€5,062 | -3.8% |
| Plant, machinery and equipment | 23 | €252,164 | €206,033 | -€46,131 | -18.3% |
| Furniture and vehicles | 24 | €5,252 | €143,381 | +€138,129 | +2,630% |
| Financial fixed assets | 28 | €3,134 | €3,134 | = | 0.0% |
| Current assets | 29/58 | €452,851 | €426,202 | -€26,649 | -5.9% |
| Stocks and contracts in progress | 3 | €95,758 | €80,036 | -€15,722 | -16.4% |
| Stocks | 30/36 | €95,758 | €80,036 | -€15,722 | -16.4% |
| Amounts receivable within one year | 40/41 | €225,520 | €172,044 | -€53,475 | -23.7% |
| Trade receivables | 40 | €216,164 | €155,470 | -€60,694 | -28.1% |
| Other amounts receivable | 41 | €9,356 | €16,575 | +€7,219 | +77.2% |
| Cash at bank and in hand | 54/58 | €124,830 | €173,320 | +€48,489 | +38.8% |
| Deferred charges and accrued income | 490/1 | €6,743 | €801 | -€5,941 | -88.1% |
| Total equity and liabilities | 10/49 | €846,844 | €907,131 | +€60,287 | +7.1% |
| Equity | 10/15 | €411,273 | €449,841 | +€38,569 | +9.4% |
| Contributions | 10/11 | €27,900 | €27,900 | = | 0.0% |
| Reserves | 13 | €289,071 | €330,287 | +€41,215 | +14.3% |
| Tax-exempt reserves | 132 | €25,650 | €25,650 | = | 0.0% |
| Distributable reserves | 133 | €263,421 | €304,637 | +€41,215 | +15.6% |
| Profit (loss) carried forward | 14 | €65,188 | €65,188 | = | 0.0% |
| Investment grants | 15 | €29,113 | €26,467 | -€2,647 | -9.1% |
| Amounts payable | 17/49 | €435,572 | €457,290 | +€21,719 | +5.0% |
| Amounts payable after more than one year | 17 | €216,708 | €268,045 | +€51,337 | +23.7% |
| Financial debts | 170/4 | €216,708 | €268,045 | +€51,337 | +23.7% |
| Amounts payable within one year | 42/48 | €217,378 | €188,853 | -€28,525 | -13.1% |
| Current portion of amounts payable after more than one year | 42 | €42,015 | €73,315 | +€31,300 | +74.5% |
| Trade debts | 44 | €108,510 | €81,957 | -€26,553 | -24.5% |
| Suppliers | 440/4 | €108,510 | €81,957 | -€26,553 | -24.5% |
| Taxes, remuneration and social security | 45 | €54,506 | €8,719 | -€45,787 | -84.0% |
| Taxes | 450/3 | €43,077 | €1,463 | -€41,614 | -96.6% |
| Remuneration and social security | 454/9 | €11,429 | €7,256 | -€4,174 | -36.5% |
| Other amounts payable | 47/48 | €12,347 | €24,863 | +€12,515 | +101% |
| Accrued charges and deferred income | 492/3 | €1,486 | €392 | -€1,093 | -73.6% |
| Remuneration, social security and pensions | 62 | €37,168 | €77,515 | +€40,347 | +109% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,633 | €81,875 | +€10,241 | +14.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €89 | +€89 | |
| Other operating charges | 640/8 | €4,834 | €4,117 | -€718 | -14.8% |
| Gross operating margin | 9900 | €240,732 | €255,571 | +€14,839 | +6.2% |
| Operating profit (loss) | 9901 | €127,096 | €91,976 | -€35,120 | -27.6% |
| Financial income | 75/76B | €5,141 | €3,329 | -€1,811 | -35.2% |
| Recurring financial income | 75 | €5,141 | €3,329 | -€1,811 | -35.2% |
| Financial charges | 65/66B | €6,023 | €6,883 | +€860 | +14.3% |
| Recurring financial charges | 65 | €6,023 | €6,883 | +€860 | +14.3% |
| Profit (loss) for the period before taxes | 9903 | €126,214 | €88,422 | -€37,792 | -29.9% |
| Income taxes | 67/77 | €41,762 | €27,207 | -€14,555 | -34.9% |
| Profit (loss) for the period | 9904 | €84,452 | €61,215 | -€23,237 | -27.5% |
| Profit (loss) for the period to be appropriated | 9905 | €84,452 | €61,215 | -€23,237 | -27.5% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.