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BILMAR: 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.

What changed

BILMAR

BE 0473.857.272
NACE 43.120, Site preparation
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€3,601
2023 · €9,441-€5,840
Equity
€131,955
2023 · €128,355+€3,601
Cash
€5,139
2023 · €1,889+€3,250
Balance sheet total
€272,320
2023 · €287,420-€15,100

Largest movements

2023 to 2024
Assets
  • Tangible fixed assets -€20,881

    down €20,881 (-8.7%), from €239,065 to €218,184

    of which Land and buildings: -€20,881

  • Receivables within one year +€9,941

    up €9,941 (+29.3%), from €33,969 to €43,910

    of which Other amounts receivable: +€17,452

  • Deferred charges and accrued income -€7,410

    down €7,410 (-61.0%), from €12,149 to €4,739

  • Cash +€3,250

    up €3,250 (+172.0%), from €1,889 to €5,139

    mainly Depreciation (+€20,881) and Deferred charges and accrued income (+€7,410)

Equity and liabilities
  • Debts after one year -€19,142

    down €19,142 (-16.5%), from €115,768 to €96,626

    of which Financial debts: -€19,212

  • Reserves +€3,601

    up €3,601 (+9.5%), from €37,968 to €41,568

    of which Distributable reserves: +€3,601

Income statement
  • Gross operating margin -€18,386

    down €18,386 (-35.1%), from €52,405 to €34,019

  • Depreciation -€7,796

    down €7,796 (-27.2%), from €28,677 to €20,881

  • Taxes -€3,406

    down €3,406 (-57.9%), from €5,883 to €2,477

  • Financial income +€713

    up €713 (+471.9%), from €151 to €864

From the 2023 result to the 2024 result

effect on the 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 €9,441
Gross operating margin -€18,386
Depreciation +€7,796
Other operating charges +€158
Financial income +€713
Financial charges +€472
Taxes +€3,406
Result 2024 €3,601

Cash bridge derived

cash 2023 to 2024

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 +€21,880
Investment €0
Financing -€18,630
Cash 2023 €1,889
Net result for the year +€3,601
Depreciation +€20,881
Receivables within one year -€9,941
Deferred charges and accrued income +€7,410
Trade debts +€149
Tax, wage and social debts -€787
Other debts +€180
Accrued charges and deferred income +€387
Debts after one year -€19,142
Current portion of long-term debt +€511
Cash 2024 €5,139
Every line side by side 44 lines
Line Code 2023 2024 Change %
Total assets 20/58 €287,420 €272,320 -€15,100 -5.3%
Fixed assets 21/28 €239,413 €218,532 -€20,881 -8.7%
Tangible fixed assets 22/27 €239,065 €218,184 -€20,881 -8.7%
Land and buildings 22 €239,065 €218,184 -€20,881 -8.7%
Furniture and vehicles 24 €0 - =
Financial fixed assets 28 €348 €348 = 0.0%
Current assets 29/58 €48,006 €53,788 +€5,781 +12.0%
Amounts receivable within one year 40/41 €33,969 €43,910 +€9,941 +29.3%
Trade receivables 40 €28,268 €20,757 -€7,511 -26.6%
Other amounts receivable 41 €5,701 €23,153 +€17,452 +306.1%
Cash at bank and in hand 54/58 €1,889 €5,139 +€3,250 +172.0%
Deferred charges and accrued income 490/1 €12,149 €4,739 -€7,410 -61.0%
Total equity and liabilities 10/49 €287,420 €272,320 -€15,100 -5.3%
Equity 10/15 €128,355 €131,955 +€3,601 +2.8%
Contributions 10/11 €6,900 €6,900 = 0.0%
Reserves 13 €37,968 €41,568 +€3,601 +9.5%
Non-distributable reserves 130/1 €1,860 €1,860 = 0.0%
Reserves not available under the articles 1311 €1,860 €1,860 = 0.0%
Distributable reserves 133 €36,108 €39,708 +€3,601 +10.0%
Profit (loss) carried forward 14 €83,487 €83,487 = 0.0%
Amounts payable 17/49 €159,065 €140,365 -€18,700 -11.8%
Amounts payable after more than one year 17 €115,768 €96,626 -€19,142 -16.5%
Financial debts 170/4 €108,718 €89,506 -€19,212 -17.7%
Other amounts payable 178/9 €7,050 €7,120 +€70 +1.0%
Amounts payable within one year 42/48 €43,297 €43,351 +€54 +0.1%
Current portion of amounts payable after more than one year 42 €18,700 €19,212 +€511 +2.7%
Trade debts 44 €1,031 €1,181 +€149 +14.5%
Suppliers 440/4 €1,031 €1,181 +€149 +14.5%
Taxes, remuneration and social security 45 €13,046 €12,259 -€787 -6.0%
Taxes 450/3 €13,046 €12,259 -€787 -6.0%
Other amounts payable 47/48 €10,519 €10,699 +€180 +1.7%
Accrued charges and deferred income 492/3 - €387 +€387
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €28,677 €20,881 -€7,796 -27.2%
Other operating charges 640/8 €3,969 €3,811 -€158 -4.0%
Gross operating margin 9900 €52,405 €34,019 -€18,386 -35.1%
Operating profit (loss) 9901 €19,759 €9,328 -€10,431 -52.8%
Financial income 75/76B €151 €864 +€713 +471.9%
Recurring financial income 75 €151 €864 +€713 +471.9%
Financial charges 65/66B €4,586 €4,115 -€472 -10.3%
Recurring financial charges 65 €4,586 €4,115 -€472 -10.3%
Profit (loss) for the period before taxes 9903 €15,324 €6,077 -€9,247 -60.3%
Income taxes 67/77 €5,883 €2,477 -€3,406 -57.9%
Profit (loss) for the period 9904 €9,441 €3,601 -€5,840 -61.9%
Profit (loss) for the period to be appropriated 9905 €9,441 €3,601 -€5,840 -61.9%

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 29 September 2026 via checked.be.