BILLY ARTY: what changed
Two fiscal 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 ARTY
Largest movements
- Tangible fixed assets -€8,529
down €8,529 (-42.4%), from €20,098 to €11,569
- Receivables within one year -€7,203
down €7,203 (-85.7%), from €8,404 to €1,202
- Cash -€6,062
down €6,062 (-40.5%), from €14,962 to €8,900
mainly Trade debts (-€35,954) and Investment in fixed assets (net) (-€1,867)
- Trade debts -€35,954
down €35,954 (-98.4%), from €36,534 to €580
- Other debts +€15,538
up €15,538 (+962.1%), from €1,615 to €17,153
- Profit (loss) carried forward -€1,263
down €1,263, from €973 to -€290
- Gross operating margin -€3,187
down €3,187 (-25.6%), from €12,430 to €9,243
- Taxes -€617
no longer reported in 2024 (was €617)
- Depreciation -€444
down €444 (-4.1%), from €10,840 to €10,396
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.
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.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €43,464 | €21,671 | -€21,794 | -50.1% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €20,098 | €11,569 | -€8,529 | -42.4% |
| Tangible fixed assets | 22/27 | €20,098 | €11,569 | -€8,529 | -42.4% |
| Furniture and vehicles | 24 | €20,098 | €11,569 | -€8,529 | -42.4% |
| Current assets | 29/58 | €23,367 | €10,102 | -€13,265 | -56.8% |
| Amounts receivable within one year | 40/41 | €8,404 | €1,202 | -€7,203 | -85.7% |
| Trade receivables | 40 | €8,404 | €1,202 | -€7,203 | -85.7% |
| Cash at bank and in hand | 54/58 | €14,962 | €8,900 | -€6,062 | -40.5% |
| Total equity and liabilities | 10/49 | €43,464 | €21,671 | -€21,794 | -50.1% |
| Equity | 10/15 | €1,473 | €210 | -€1,263 | -85.7% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €973 | -€290 | -€1,263 | |
| Amounts payable | 17/49 | €41,991 | €21,460 | -€20,531 | -48.9% |
| Amounts payable within one year | 42/48 | €41,991 | €21,460 | -€20,531 | -48.9% |
| Trade debts | 44 | €36,534 | €580 | -€35,954 | -98.4% |
| Suppliers | 440/4 | €36,534 | €580 | -€35,954 | -98.4% |
| Advances received on contracts in progress | 46 | €55 | €55 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €3,786 | €3,672 | -€114 | -3.0% |
| Taxes | 450/3 | €3,786 | €3,672 | -€114 | -3.0% |
| Other amounts payable | 47/48 | €1,615 | €17,153 | +€15,538 | +962.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,840 | €10,396 | -€444 | -4.1% |
| Non-recurring operating charges | 66A | - | €37 | +€37 | |
| Gross operating margin | 9900 | €12,430 | €9,243 | -€3,187 | -25.6% |
| Operating profit (loss) | 9901 | €1,590 | -€1,189 | -€2,780 | |
| Financial charges | 65/66B | - | €74 | +€74 | |
| Recurring financial charges | 65 | - | €74 | +€74 | |
| Profit (loss) for the period before taxes | 9903 | €1,590 | -€1,263 | -€2,854 | |
| Income taxes | 67/77 | €617 | - | -€617 | |
| Profit (loss) for the period | 9904 | €973 | -€1,263 | -€2,237 | |
| Profit (loss) for the period to be appropriated | 9905 | €973 | -€1,263 | -€2,237 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.