BILLY: 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.
BILLY
Largest movements
- Tangible fixed assets -€126,203
down €126,203 (-15.3%), from €823,815 to €697,612
- Current assets +€96,915
up €96,915 (+84.4%), from €114,764 to €211,679
of which Cash: +€117,897
- Intangible fixed assets -€23,422
down €23,422 (-43.1%), from €54,391 to €30,970
- Equity -€276,925
down €276,925 (-175%), from -€158,349 to -€435,274
of which Profit (loss) carried forward: -€834,775
- Debts within one year +€191,670
up €191,670 (+21.7%), from €883,536 to €1.1m
- Debts after one year +€32,546
up €32,546 (+12.1%), from €268,543 to €301,090
- Gross operating margin +€261,491
up €261,491 (+64.5%), from -€405,405 to -€143,914
- Depreciation +€60,343
up €60,343 (+24.5%), from €246,448 to €306,791
From the 2019 result to the 2020 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2019 | 2020 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €993,730 | €941,021 | -€52,709 | -5.3% |
| Fixed assets | 21/28 | €878,967 | €729,342 | -€149,624 | -17.0% |
| Intangible fixed assets | 21 | €54,391 | €30,970 | -€23,422 | -43.1% |
| Tangible fixed assets | 22/27 | €823,815 | €697,612 | -€126,203 | -15.3% |
| Financial fixed assets | 28 | €761 | €761 | = | 0.0% |
| Current assets | 29/58 | €114,764 | €211,679 | +€96,915 | +84.4% |
| Amounts receivable within one year | 40/41 | €39,682 | €16,654 | -€23,028 | -58.0% |
| Cash at bank and in hand | 54/58 | €73,174 | €191,070 | +€117,897 | +161% |
| Total equity and liabilities | 10/49 | €993,730 | €941,021 | -€52,709 | -5.3% |
| Equity | 10/15 | -€158,349 | -€435,274 | -€276,925 | -175% |
| Contributions | 10/11 | €390,454 | €462,974 | +€72,521 | +18.6% |
| Profit (loss) carried forward | 14 | -€1,421,991 | -€2,256,766 | -€834,775 | -58.7% |
| Amounts payable | 17/49 | €1,152,079 | €1,376,295 | +€224,216 | +19.5% |
| Amounts payable after more than one year | 17 | €268,543 | €301,090 | +€32,546 | +12.1% |
| Amounts payable within one year | 42/48 | €883,536 | €1,075,206 | +€191,670 | +21.7% |
| Trade debts | 44 | €164,955 | €191,887 | +€26,932 | +16.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €246,448 | €306,791 | +€60,343 | +24.5% |
| Gross operating margin | 9900 | -€405,405 | -€143,914 | +€261,491 | +64.5% |
| Operating profit (loss) | 9901 | -€828,432 | -€785,760 | +€42,672 | +5.2% |
| Recurring financial income | 75 | €1 | €54 | +€53 | +7,778% |
| Recurring financial charges | 65 | €73,689 | €49,069 | -€24,620 | -33.4% |
| Profit (loss) for the period before taxes | 9903 | -€902,121 | -€834,775 | +€67,346 | +7.5% |
| Profit (loss) for the period | 9904 | -€902,121 | -€834,775 | +€67,346 | +7.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€902,121 | -€834,775 | +€67,346 | +7.5% |
Source: filed annual accounts (NBB), financial years ended 31 December 2019 and 31 December 2020. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.