BILPA: 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.
BILPA
Largest movements
- Cash -€9,821
down €9,821 (-85.5%), from €11,489 to €1,668
mainly Accrued charges and deferred income (-€10,000) and Net result for the year (-€9,948)
- Current investments -€7,000
down €7,000 (-50.0%), from €14,000 to €7,000
- Receivables within one year -€810
down €810 (-39.0%), from €2,078 to €1,269
of which Trade receivables: -€450
- Tangible fixed assets -€454
down €454 (-6.7%), from €6,782 to €6,328
- Accrued charges and deferred income -€10,000
no longer reported in 2025 (was €10,000)
- Profit (loss) carried forward -€9,947
down €9,947 (-50.9%), from €19,542 to €9,594
- Other debts +€4,935
new in 2025: €4,935
- Trade debts -€2,116
no longer reported in 2025 (was €2,116)
- Tax, wage and social debts -€956
no longer reported in 2025 (was €956)
- Gross operating margin -€15,692
down €15,692, from €7,427 to -€8,264
- Taxes -€4,906
no longer reported in 2025 (was €4,906)
- Financial charges -€415
down €415 (-23.1%), from €1,795 to €1,381
- Financial income +€275
new in 2025: €275
of which Financial income: +€275
- Other operating charges +€124
new in 2025: €124
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.
Derived cash bridge
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 | €34,614 | €16,530 | -€18,084 | -52.2% |
| Fixed assets | 21/28 | €6,782 | €6,328 | -€454 | -6.7% |
| Tangible fixed assets | 22/27 | €6,782 | €6,328 | -€454 | -6.7% |
| Furniture and vehicles | 24 | €6,782 | €6,328 | -€454 | -6.7% |
| Current assets | 29/58 | €27,832 | €10,201 | -€17,630 | -63.3% |
| Amounts receivable within one year | 40/41 | €2,078 | €1,269 | -€810 | -39.0% |
| Trade receivables | 40 | €450 | - | -€450 | |
| Other amounts receivable | 41 | €1,628 | €1,269 | -€360 | -22.1% |
| Current investments | 50/53 | €14,000 | €7,000 | -€7,000 | -50.0% |
| Cash at bank and in hand | 54/58 | €11,489 | €1,668 | -€9,821 | -85.5% |
| Deferred charges and accrued income | 490/1 | €265 | €265 | = | 0.0% |
| Total equity and liabilities | 10/49 | €34,614 | €16,530 | -€18,084 | -52.2% |
| Equity | 10/15 | €21,542 | €11,594 | -€9,947 | -46.2% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €19,542 | €9,594 | -€9,947 | -50.9% |
| Amounts payable | 17/49 | €13,072 | €4,935 | -€8,137 | -62.2% |
| Amounts payable within one year | 42/48 | €3,072 | €4,935 | +€1,863 | +60.7% |
| Trade debts | 44 | €2,116 | - | -€2,116 | |
| Suppliers | 440/4 | €2,116 | - | -€2,116 | |
| Taxes, remuneration and social security | 45 | €956 | - | -€956 | |
| Taxes | 450/3 | €956 | - | -€956 | |
| Other amounts payable | 47/48 | - | €4,935 | +€4,935 | |
| Accrued charges and deferred income | 492/3 | €10,000 | - | -€10,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €454 | €454 | = | 0.0% |
| Other operating charges | 640/8 | - | €124 | +€124 | |
| Gross operating margin | 9900 | €7,427 | -€8,264 | -€15,692 | |
| Operating profit (loss) | 9901 | €6,973 | -€8,843 | -€15,816 | |
| Financial income | 75/76B | - | €275 | +€275 | |
| Recurring financial income | 75 | - | €275 | +€275 | |
| Non-recurring financial income | 76B | - | €275 | +€275 | |
| Financial charges | 65/66B | €1,795 | €1,381 | -€415 | -23.1% |
| Recurring financial charges | 65 | €1,795 | €1,381 | -€415 | -23.1% |
| Profit (loss) for the period before taxes | 9903 | €5,178 | -€9,948 | -€15,126 | |
| Income taxes | 67/77 | €4,906 | - | -€4,906 | |
| Profit (loss) for the period | 9904 | €272 | -€9,948 | -€10,220 | |
| Profit (loss) for the period to be appropriated | 9905 | €272 | -€9,948 | -€10,220 |
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 25 October 2026 via checked.be.