BILT: 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.
BILT
Largest movements
- Stocks and contracts -€19,447
down €19,447 (-37.0%), from €52,559 to €33,112
- Receivables within one year -€4,614
down €4,614 (-5.3%), from €86,246 to €81,632
- Tax, wage and social debts -€27,674
down €27,674 (-49.7%), from €55,647 to €27,973
- Reserves +€6,871
up €6,871 (+2.0%), from €347,122 to €353,993
of which Distributable reserves: +€6,871
- Gross operating margin -€77,315
down €77,315 (-92.0%), from €84,036 to €6,721
- Taxes -€26,277
down €26,277 (-91.8%), from €28,636 to €2,359
- Other operating charges -€3,045
down €3,045 (-78.3%), from €3,887 to €842
- Financial charges +€1,068
up €1,068 (+116.7%), from €915 to €1,983
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 | €435,523 | €414,558 | -€20,965 | -4.8% |
| Current assets | 29/58 | €435,523 | €414,558 | -€20,965 | -4.8% |
| Stocks and contracts in progress | 3 | €52,559 | €33,112 | -€19,447 | -37.0% |
| Stocks | 30/36 | €52,559 | €33,112 | -€19,447 | -37.0% |
| Amounts receivable within one year | 40/41 | €86,246 | €81,632 | -€4,614 | -5.3% |
| Other amounts receivable | 41 | €86,246 | €81,632 | -€4,614 | -5.3% |
| Cash at bank and in hand | 54/58 | €296,718 | €299,814 | +€3,096 | +1.0% |
| Total equity and liabilities | 10/49 | €435,523 | €414,558 | -€20,965 | -4.8% |
| Equity | 10/15 | €365,722 | €372,593 | +€6,871 | +1.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €347,122 | €353,993 | +€6,871 | +2.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €345,262 | €352,133 | +€6,871 | +2.0% |
| Amounts payable | 17/49 | €69,801 | €41,965 | -€27,836 | -39.9% |
| Amounts payable within one year | 42/48 | €69,801 | €41,965 | -€27,836 | -39.9% |
| Trade debts | 44 | €14,154 | €13,992 | -€162 | -1.1% |
| Suppliers | 440/4 | €14,154 | €13,992 | -€162 | -1.1% |
| Taxes, remuneration and social security | 45 | €55,647 | €27,973 | -€27,674 | -49.7% |
| Taxes | 450/3 | €55,647 | €27,973 | -€27,674 | -49.7% |
| Other operating charges | 640/8 | €3,887 | €842 | -€3,045 | -78.3% |
| Gross operating margin | 9900 | €84,036 | €6,721 | -€77,315 | -92.0% |
| Operating profit (loss) | 9901 | €80,149 | €5,879 | -€74,270 | -92.7% |
| Financial income | 75/76B | €5,693 | €5,334 | -€359 | -6.3% |
| Recurring financial income | 75 | €5,693 | €5,334 | -€359 | -6.3% |
| Financial charges | 65/66B | €915 | €1,983 | +€1,068 | +116.7% |
| Recurring financial charges | 65 | €915 | €1,983 | +€1,068 | +116.7% |
| Profit (loss) for the period before taxes | 9903 | €84,927 | €9,230 | -€75,697 | -89.1% |
| Income taxes | 67/77 | €28,636 | €2,359 | -€26,277 | -91.8% |
| Profit (loss) for the period | 9904 | €56,291 | €6,871 | -€49,420 | -87.8% |
| Profit (loss) for the period to be appropriated | 9905 | €56,291 | €6,871 | -€49,420 | -87.8% |
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 10 October 2026 via checked.be.