BILLTONG: 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.
BILLTONG
Largest movements
- Tangible fixed assets -€37,314
down €37,314 (-57.0%), from €65,518 to €28,204
of which Land and buildings: -€24,505
- Receivables within one year -€7,232
down €7,232 (-9.3%), from €77,860 to €70,627
of which Other amounts receivable: -€14,129
- Other debts -€23,472
down €23,472 (-52.8%), from €44,467 to €20,996
- Profit (loss) carried forward -€13,639
down €13,639 (-9.2%), from €148,950 to €135,311
- Debts after one year -€7,546
down €7,546 (-38.4%), from €19,676 to €12,130
- Trade debts -€3,186
down €3,186 (-29.0%), from €10,972 to €7,787
- Gross operating margin +€26,172
up €26,172, from -€24,573 to €1,599
- Depreciation -€3,840
down €3,840 (-23.1%), from €16,649 to €12,810
- Other operating charges +€439
up €439 (+67.2%), from €653 to €1,092
- Financial charges -€418
down €418 (-26.7%), from €1,566 to €1,148
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 | €253,308 | €207,028 | -€46,281 | -18.3% |
| Fixed assets | 21/28 | €65,518 | €28,204 | -€37,314 | -57.0% |
| Tangible fixed assets | 22/27 | €65,518 | €28,204 | -€37,314 | -57.0% |
| Land and buildings | 22 | €24,505 | €0 | -€24,505 | -100% |
| Furniture and vehicles | 24 | €31,424 | €21,551 | -€9,873 | -31.4% |
| Other tangible fixed assets | 26 | €9,589 | €6,653 | -€2,936 | -30.6% |
| Current assets | 29/58 | €187,791 | €178,824 | -€8,967 | -4.8% |
| Amounts receivable within one year | 40/41 | €77,860 | €70,627 | -€7,232 | -9.3% |
| Trade receivables | 40 | €37,380 | €44,277 | +€6,897 | +18.5% |
| Other amounts receivable | 41 | €40,479 | €26,350 | -€14,129 | -34.9% |
| Cash at bank and in hand | 54/58 | €109,931 | €108,196 | -€1,735 | -1.6% |
| Total equity and liabilities | 10/49 | €253,308 | €207,028 | -€46,281 | -18.3% |
| Equity | 10/15 | €169,410 | €155,771 | -€13,639 | -8.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €148,950 | €135,311 | -€13,639 | -9.2% |
| Amounts payable | 17/49 | €83,898 | €51,256 | -€32,642 | -38.9% |
| Amounts payable after more than one year | 17 | €19,676 | €12,130 | -€7,546 | -38.4% |
| Financial debts | 170/4 | €19,676 | €12,130 | -€7,546 | -38.4% |
| Amounts payable within one year | 42/48 | €64,223 | €39,127 | -€25,096 | -39.1% |
| Current portion of amounts payable after more than one year | 42 | €7,394 | €7,222 | -€172 | -2.3% |
| Financial debts | 43 | €1,389 | €1,776 | +€387 | +27.9% |
| Credit institutions | 430/8 | €1,389 | €1,776 | +€387 | +27.9% |
| Trade debts | 44 | €10,972 | €7,787 | -€3,186 | -29.0% |
| Suppliers | 440/4 | €10,972 | €7,787 | -€3,186 | -29.0% |
| Taxes, remuneration and social security | 45 | - | €1,346 | +€1,346 | |
| Taxes | 450/3 | - | €1,346 | +€1,346 | |
| Other amounts payable | 47/48 | €44,467 | €20,996 | -€23,472 | -52.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,649 | €12,810 | -€3,840 | -23.1% |
| Other operating charges | 640/8 | €653 | €1,092 | +€439 | +67.2% |
| Gross operating margin | 9900 | -€24,573 | €1,599 | +€26,172 | |
| Operating profit (loss) | 9901 | -€41,875 | -€12,303 | +€29,573 | +70.6% |
| Financial income | 75/76B | €1 | €0 | -€1 | -100% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -100% |
| Financial charges | 65/66B | €1,566 | €1,148 | -€418 | -26.7% |
| Recurring financial charges | 65 | €1,566 | €1,148 | -€418 | -26.7% |
| Profit (loss) for the period before taxes | 9903 | -€43,440 | -€13,450 | +€29,990 | +69.0% |
| Income taxes | 67/77 | €165 | €189 | +€24 | +14.3% |
| Profit (loss) for the period | 9904 | -€43,606 | -€13,639 | +€29,967 | +68.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€43,606 | -€13,639 | +€29,967 | +68.7% |
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 19 October 2026 via checked.be.