BILLY'S: 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'S
Largest movements
- Receivables within one year +€18,865
up €18,865 (+133.5%), from €14,136 to €33,001
of which Other amounts receivable: +€10,865
- Tangible fixed assets -€14,306
down €14,306 (-22.8%), from €62,658 to €48,353
of which Plant, machinery and equipment: -€7,230
- Cash -€11,477
down €11,477 (-10.6%), from €108,079 to €96,602
mainly Receivables within one year (-€18,865) and Contributions, distributions and other (-€11,869)
- Intangible fixed assets -€2,790
down €2,790 (-42.4%), from €6,574 to €3,784
- Debts after one year -€6,372
down €6,372 (-41.8%), from €15,240 to €8,867
- Other debts -€2,913
down €2,913 (-18.2%), from €16,000 to €13,087
- Financial income -€19,944
down €19,944 (-99.6%), from €20,015 to €71
- Taxes -€4,016
down €4,016 (-59.4%), from €6,766 to €2,750
- Gross operating margin -€2,481
down €2,481 (-6.9%), from €35,838 to €33,357
- Depreciation -€971
down €971 (-5.4%), from €18,067 to €17,096
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.
Cash bridge derived
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 | €191,447 | €181,739 | -€9,709 | -5.1% |
| Fixed assets | 21/28 | €69,232 | €52,136 | -€17,096 | -24.7% |
| Intangible fixed assets | 21 | €6,574 | €3,784 | -€2,790 | -42.4% |
| Tangible fixed assets | 22/27 | €62,658 | €48,353 | -€14,306 | -22.8% |
| Plant, machinery and equipment | 23 | €39,356 | €32,126 | -€7,230 | -18.4% |
| Furniture and vehicles | 24 | €23,303 | €16,227 | -€7,076 | -30.4% |
| Current assets | 29/58 | €122,215 | €129,602 | +€7,388 | +6.0% |
| Amounts receivable within one year | 40/41 | €14,136 | €33,001 | +€18,865 | +133.5% |
| Trade receivables | 40 | - | €8,000 | +€8,000 | |
| Other amounts receivable | 41 | €14,136 | €25,001 | +€10,865 | +76.9% |
| Cash at bank and in hand | 54/58 | €108,079 | €96,602 | -€11,477 | -10.6% |
| Total equity and liabilities | 10/49 | €191,447 | €181,739 | -€9,709 | -5.1% |
| Equity | 10/15 | €149,941 | €150,020 | +€79 | +0.1% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €112,500 | €112,500 | = | 0.0% |
| Distributable reserves | 133 | €112,500 | €112,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,441 | €12,520 | +€79 | +0.6% |
| Amounts payable | 17/49 | €41,506 | €31,718 | -€9,788 | -23.6% |
| Amounts payable after more than one year | 17 | €15,240 | €8,867 | -€6,372 | -41.8% |
| Financial debts | 170/4 | €15,240 | €8,867 | -€6,372 | -41.8% |
| Amounts payable within one year | 42/48 | €26,266 | €22,851 | -€3,415 | -13.0% |
| Current portion of amounts payable after more than one year | 42 | €6,143 | €6,372 | +€229 | +3.7% |
| Trade debts | 44 | €512 | €641 | +€130 | +25.3% |
| Suppliers | 440/4 | €512 | €641 | +€130 | +25.3% |
| Taxes, remuneration and social security | 45 | €3,611 | €2,750 | -€861 | -23.8% |
| Taxes | 450/3 | €3,611 | €2,750 | -€861 | -23.8% |
| Other amounts payable | 47/48 | €16,000 | €13,087 | -€2,913 | -18.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,067 | €17,096 | -€971 | -5.4% |
| Other operating charges | 640/8 | €816 | €751 | -€65 | -8.0% |
| Gross operating margin | 9900 | €35,838 | €33,357 | -€2,481 | -6.9% |
| Operating profit (loss) | 9901 | €16,954 | €15,510 | -€1,444 | -8.5% |
| Financial income | 75/76B | €20,015 | €71 | -€19,944 | -99.6% |
| Recurring financial income | 75 | €20,015 | €71 | -€19,944 | -99.6% |
| Financial charges | 65/66B | €1,203 | €882 | -€321 | -26.7% |
| Recurring financial charges | 65 | €1,203 | €882 | -€321 | -26.7% |
| Profit (loss) for the period before taxes | 9903 | €35,765 | €14,698 | -€21,068 | -58.9% |
| Income taxes | 67/77 | €6,766 | €2,750 | -€4,016 | -59.4% |
| Profit (loss) for the period | 9904 | €28,999 | €11,948 | -€17,051 | -58.8% |
| Profit (loss) for the period to be appropriated | 9905 | €28,999 | €11,948 | -€17,051 | -58.8% |
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 12 October 2026 via checked.be.