Biluc: 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.
Biluc
Largest movements
- Receivables within one year -€14,036
down €14,036 (-36.1%), from €38,868 to €24,832
of which Other amounts receivable: -€22,105
- Cash -€2,640
down €2,640 (-64.4%), from €4,099 to €1,459
mainly Trade debts (-€14,146) and Tax, wage and social debts (-€5,219)
- Trade debts -€14,146
down €14,146 (-49.1%), from €28,796 to €14,650
- Tax, wage and social debts -€5,219
down €5,219 (-34.4%), from €15,185 to €9,965
- Profit (loss) carried forward +€2,371
up €2,371 (+44.3%), from -€5,358 to -€2,986
- Gross operating margin +€3,434
up €3,434 (+99.0%), from €3,468 to €6,902
- Taxes +€615
up €615 (+296.6%), from €207 to €823
- Financial charges -€89
down €89 (-4.6%), from €1,924 to €1,835
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 | €43,624 | €26,629 | -€16,994 | -39.0% |
| Fixed assets | 21/28 | €656 | €337 | -€319 | -48.6% |
| Tangible fixed assets | 22/27 | €656 | €337 | -€319 | -48.6% |
| Furniture and vehicles | 24 | €656 | €337 | -€319 | -48.6% |
| Current assets | 29/58 | €42,967 | €26,292 | -€16,675 | -38.8% |
| Amounts receivable within one year | 40/41 | €38,868 | €24,832 | -€14,036 | -36.1% |
| Trade receivables | 40 | €12,796 | €20,865 | +€8,069 | +63.1% |
| Other amounts receivable | 41 | €26,072 | €3,967 | -€22,105 | -84.8% |
| Cash at bank and in hand | 54/58 | €4,099 | €1,459 | -€2,640 | -64.4% |
| Total equity and liabilities | 10/49 | €43,624 | €26,629 | -€16,994 | -39.0% |
| Equity | 10/15 | -€358 | €2,014 | +€2,371 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€5,358 | -€2,986 | +€2,371 | +44.3% |
| Amounts payable | 17/49 | €43,981 | €24,615 | -€19,366 | -44.0% |
| Amounts payable within one year | 42/48 | €43,981 | €24,615 | -€19,366 | -44.0% |
| Trade debts | 44 | €28,796 | €14,650 | -€14,146 | -49.1% |
| Suppliers | 440/4 | €28,796 | €14,650 | -€14,146 | -49.1% |
| Taxes, remuneration and social security | 45 | €15,185 | €9,965 | -€5,219 | -34.4% |
| Taxes | 450/3 | €15,185 | €9,965 | -€5,219 | -34.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €319 | €319 | = | 0.0% |
| Other operating charges | 640/8 | €1,563 | €1,554 | -€9 | -0.6% |
| Gross operating margin | 9900 | €3,468 | €6,902 | +€3,434 | +99.0% |
| Operating profit (loss) | 9901 | €1,586 | €5,029 | +€3,443 | +217.1% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €1,924 | €1,835 | -€89 | -4.6% |
| Recurring financial charges | 65 | €1,924 | €1,835 | -€89 | -4.6% |
| Profit (loss) for the period before taxes | 9903 | -€338 | €3,194 | +€3,532 | |
| Income taxes | 67/77 | €207 | €823 | +€615 | +296.6% |
| Profit (loss) for the period | 9904 | -€545 | €2,371 | +€2,916 | |
| Profit (loss) for the period to be appropriated | 9905 | -€545 | €2,371 | +€2,916 |
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 11 October 2026 via checked.be.