Billups: 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.
What changed
Billups
NACE 73.110, Advertising agencies
financial year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€445,951
2023 · €601,399-€155,448
Equity
€1.5m
2023 · €1.0m+€445,950
Cash
€658,795
2023 · €1.3m-€605,407
Balance sheet total
€16.0m
2023 · €11.3m+€4.7m
Largest movements
Assets
- Receivables within one year +€5.8m
up €5.8m (+62.0%), from €9.3m to €15.1m
- Cash -€605,407
down €605,407 (-47.9%), from €1.3m to €658,795
mainly Receivables within one year (-€5.8m) and Investment in fixed assets (net) (-€10,435)
- Deferred charges and accrued income -€414,891
down €414,891 (-75.6%), from €549,067 to €134,176
Equity and liabilities
- Trade debts +€2.9m
up €2.9m (+29.4%), from €9.9m to €12.8m
- Tax, wage and social debts +€1.3m
up €1.3m (+812.6%), from €154,809 to €1.4m
of which Taxes: +€1.3m
- Profit (loss) carried forward +€445,921
up €445,921 (+45.6%), from €977,341 to €1.4m
Income statement
No income-statement line moved by more than 1% of the activity.
From the 2023 result to the 2024 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.
Result 2023
€601,399
Turnover
+€92,545
Other operating income
-€28,419
Goods and materials
-€250,349
Services and other goods
+€104,744
Staff costs
-€106,768
Depreciation
-€8,744
Other operating charges
+€1,085
Other operating items
-€27,380
Financial income
-€524,146
Financial charges
+€12,676
Other financial items
+€529,812
Taxes
+€49,496
Result 2024
€445,951
Cash bridge derived
Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
-€594,429
Investment
-€10,978
Financing
-€1
Cash 2023
€1.3m
From operations (derived)
-€594,429
Net result for the year
+€445,951
Depreciation
+€80,218
Receivables within one year
-€5.8m
Deferred charges and accrued income
+€414,891
Trade debts
+€2.9m
Tax, wage and social debts
+€1.3m
Accrued charges and deferred income
+€53,563
Investment (derived)
-€10,978
Investment in fixed assets (net)
-€10,435
Current investments
-€543
Financing
-€1
Contributions, distributions and other
-€1
Cash 2024
€658,795
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,280,774 | €15,954,942 | +€4.7m | +41.4% |
| Fixed assets | 21/28 | €170,151 | €100,368 | -€69,783 | -41.0% |
| Intangible fixed assets | 21 | €54,053 | €30,963 | -€23,090 | -42.7% |
| Tangible fixed assets | 22/27 | €115,059 | €68,866 | -€46,193 | -40.1% |
| Plant, machinery and equipment | 23 | €33,329 | €9,568 | -€23,761 | -71.3% |
| Furniture and vehicles | 24 | €81,730 | €59,298 | -€22,432 | -27.4% |
| Financial fixed assets | 28 | €1,039 | €539 | -€500 | -48.1% |
| Other financial fixed assets | 284/8 | €1,039 | €539 | -€500 | -48.1% |
| Amounts receivable and cash guarantees | 285/8 | €1,039 | €539 | -€500 | -48.1% |
| Current assets | 29/58 | €11,110,622 | €15,854,574 | +€4.7m | +42.7% |
| Amounts receivable within one year | 40/41 | €9,297,353 | €15,061,060 | +€5.8m | +62.0% |
| Trade receivables | 40 | €9,297,353 | €15,061,060 | +€5.8m | +62.0% |
| Current investments | 50/53 | - | €543 | +€543 | |
| Other investments | 51/53 | - | €543 | +€543 | |
| Cash at bank and in hand | 54/58 | €1,264,202 | €658,795 | -€605,407 | -47.9% |
| Deferred charges and accrued income | 490/1 | €549,067 | €134,176 | -€414,891 | -75.6% |
| Total equity and liabilities | 10/49 | €11,280,774 | €15,954,942 | +€4.7m | +41.4% |
| Equity | 10/15 | €1,045,512 | €1,491,462 | +€445,950 | +42.7% |
| Contributions | 10/11 | €61,973 | €62,000 | +€27 | 0.0% |
| Capital | 10 | €61,973 | €62,000 | +€27 | 0.0% |
| Issued capital | 100 | €61,973 | €62,000 | +€27 | 0.0% |
| Reserves | 13 | €6,197 | €6,200 | +€3 | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,200 | +€3 | 0.0% |
| Legal reserve | 130 | €6,197 | €6,200 | +€3 | 0.0% |
| Profit (loss) carried forward | 14 | €977,341 | €1,423,262 | +€445,921 | +45.6% |
| Amounts payable | 17/49 | €10,235,262 | €14,463,480 | +€4.2m | +41.3% |
| Amounts payable within one year | 42/48 | €10,075,653 | €14,250,308 | +€4.2m | +41.4% |
| Trade debts | 44 | €9,920,845 | €12,837,538 | +€2.9m | +29.4% |
| Suppliers | 440/4 | €9,920,845 | €12,837,538 | +€2.9m | +29.4% |
| Taxes, remuneration and social security | 45 | €154,809 | €1,412,770 | +€1.3m | +812.6% |
| Taxes | 450/3 | €87,309 | €1,412,770 | +€1.3m | +1518.1% |
| Remuneration and social security | 454/9 | €67,500 | - | -€67,500 | |
| Accrued charges and deferred income | 492/3 | €159,609 | €213,172 | +€53,563 | +33.6% |
| Operating income | 70/76A | €54,844,260 | €54,886,061 | +€41,801 | +0.1% |
| Turnover | 70 | €54,785,516 | €54,878,061 | +€92,545 | +0.2% |
| Other operating income | 74 | €28,419 | - | -€28,419 | |
| Non-recurring operating income | 76A | €30,325 | €8,000 | -€22,325 | -73.6% |
| Operating charges | 60/66A | €54,527,384 | €54,792,471 | +€265,087 | +0.5% |
| Goods for resale, raw materials and consumables | 60 | €52,301,393 | €52,551,742 | +€250,349 | +0.5% |
| Purchases | 600/8 | €52,301,393 | - | -€52.3m | |
| Services and other goods | 61 | €1,410,844 | €1,306,100 | -€104,744 | -7.4% |
| Remuneration, social security and pensions | 62 | €742,589 | €849,356 | +€106,768 | +14.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,474 | €80,218 | +€8,744 | +12.2% |
| Other operating charges | 640/8 | €1,085 | - | -€1,085 | |
| Non-recurring operating charges | 66A | - | €5,055 | +€5,055 | |
| Operating profit (loss) | 9901 | €316,876 | €93,590 | -€223,286 | -70.5% |
| Financial income | 75/76B | €524,146 | - | -€524,146 | |
| Recurring financial income | 75 | €524,146 | €529,812 | +€5,666 | +1.1% |
| Income from financial fixed assets | 750 | €3,011 | - | -€3,011 | |
| Other financial income | 752/9 | €521,135 | €529,812 | +€8,677 | +1.7% |
| Financial charges | 65/66B | €15,023 | €2,347 | -€12,676 | -84.4% |
| Recurring financial charges | 65 | €15,023 | €2,347 | -€12,676 | -84.4% |
| Debt charges | 650 | €10,017 | €2,347 | -€7,670 | -76.6% |
| Other financial charges | 652/9 | €5,006 | - | -€5,006 | |
| Profit (loss) for the period before taxes | 9903 | €825,998 | €621,055 | -€204,943 | -24.8% |
| Income taxes | 67/77 | €224,600 | €175,104 | -€49,496 | -22.0% |
| Taxes | 670/3 | €224,659 | €175,104 | -€49,555 | -22.1% |
| Tax adjustments and reversals of tax provisions | 77 | €59 | - | -€59 | |
| Profit (loss) for the period | 9904 | €601,399 | €445,951 | -€155,448 | -25.8% |
| Profit (loss) for the period to be appropriated | 9905 | €601,399 | €445,951 | -€155,448 | -25.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.