BILLY TIMES: 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 TIMES
Largest movements
- Tangible fixed assets +€16,573
up €16,573 (+62.7%), from €26,416 to €42,989
of which Furniture and vehicles: +€19,817
- Cash -€12,168
down €12,168 (-99.8%), from €12,189 to €21
mainly Investment in fixed assets (net) (-€26,300) and Receivables within one year (-€4,543)
- Receivables within one year +€4,543
up €4,543 (+14.5%), from €31,411 to €35,954
of which Trade receivables: +€20,974
- Trade debts +€5,188
up €5,188 (+53.2%), from €9,752 to €14,940
- Profit (loss) carried forward +€5,152
up €5,152 (+10.6%), from €48,515 to €53,668
- Tax, wage and social debts -€1,692
down €1,692 (-25.1%), from €6,749 to €5,057
of which Remuneration and social security: -€2,441
- Gross operating margin -€13,928
down €13,928 (-25.1%), from €55,464 to €41,536
- Staff costs +€13,536
up €13,536 (+202%), from €6,713 to €20,249
- Other operating charges -€12,458
down €12,458 (-100%), from €12,458 to €0
- Depreciation +€4,082
up €4,082 (+72.3%), from €5,645 to €9,727
- Taxes +€1,879
up €1,879 (+44.3%), from €4,243 to €6,122
From the 2022 result to the 2023 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 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €70,016 | €78,964 | +€8,948 | +12.8% |
| Fixed assets | 21/28 | €26,416 | €42,989 | +€16,573 | +62.7% |
| Tangible fixed assets | 22/27 | €26,416 | €42,989 | +€16,573 | +62.7% |
| Plant, machinery and equipment | 23 | €17,014 | €13,771 | -€3,244 | -19.1% |
| Furniture and vehicles | 24 | €9,402 | €29,219 | +€19,817 | +211% |
| Current assets | 29/58 | €43,600 | €35,975 | -€7,625 | -17.5% |
| Amounts receivable within one year | 40/41 | €31,411 | €35,954 | +€4,543 | +14.5% |
| Trade receivables | 40 | €6,750 | €27,724 | +€20,974 | +311% |
| Other amounts receivable | 41 | €24,661 | €8,231 | -€16,430 | -66.6% |
| Cash at bank and in hand | 54/58 | €12,189 | €21 | -€12,168 | -99.8% |
| Total equity and liabilities | 10/49 | €70,016 | €78,964 | +€8,948 | +12.8% |
| Equity | 10/15 | €53,515 | €58,668 | +€5,152 | +9.6% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Capital | 10 | €5,000 | - | -€5,000 | |
| Issued capital | 100 | €5,000 | - | -€5,000 | |
| Profit (loss) carried forward | 14 | €48,515 | €53,668 | +€5,152 | +10.6% |
| Amounts payable | 17/49 | €16,501 | €20,297 | +€3,796 | +23.0% |
| Amounts payable within one year | 42/48 | €16,501 | €19,997 | +€3,496 | +21.2% |
| Trade debts | 44 | €9,752 | €14,940 | +€5,188 | +53.2% |
| Suppliers | 440/4 | €9,752 | €14,940 | +€5,188 | +53.2% |
| Taxes, remuneration and social security | 45 | €6,749 | €5,057 | -€1,692 | -25.1% |
| Taxes | 450/3 | €4,308 | €5,057 | +€748 | +17.4% |
| Remuneration and social security | 454/9 | €2,441 | €0 | -€2,441 | -100% |
| Accrued charges and deferred income | 492/3 | - | €300 | +€300 | |
| Non-recurring operating income | 76A | - | €0 | = | |
| Remuneration, social security and pensions | 62 | €6,713 | €20,249 | +€13,536 | +202% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,645 | €9,727 | +€4,082 | +72.3% |
| Other operating charges | 640/8 | €12,458 | €0 | -€12,458 | -100% |
| Non-recurring operating charges | 66A | €58 | €0 | -€58 | -100% |
| Gross operating margin | 9900 | €55,464 | €41,536 | -€13,928 | -25.1% |
| Operating profit (loss) | 9901 | €30,590 | €11,561 | -€19,030 | -62.2% |
| Financial income | 75/76B | - | €1 | +€1 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Financial charges | 65/66B | €375 | €287 | -€88 | -23.5% |
| Recurring financial charges | 65 | €375 | €287 | -€88 | -23.5% |
| Profit (loss) for the period before taxes | 9903 | €30,215 | €11,274 | -€18,941 | -62.7% |
| Income taxes | 67/77 | €4,243 | €6,122 | +€1,879 | +44.3% |
| Profit (loss) for the period | 9904 | €25,972 | €5,152 | -€20,819 | -80.2% |
| Profit (loss) for the period to be appropriated | 9905 | €25,972 | €5,152 | -€20,819 | -80.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.