LE BILLIG: 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.
LE BILLIG
Largest movements
- Receivables within one year -€916
down €916 (-85.9%), from €1,066 to €150
of which Trade receivables: -€1,066
- Cash -€622
down €622 (-26.7%), from €2,327 to €1,705
mainly Net result for the year (-€1,857) and Trade debts (-€1,111)
- Tangible fixed assets -€594
down €594 (-27.1%), from €2,194 to €1,600
of which Plant, machinery and equipment: -€440
- Profit (loss) carried forward -€1,857
down €1,857 (-15.4%), from -€12,028 to -€13,885
- Trade debts -€1,111
down €1,111 (-35.9%), from €3,093 to €1,982
- Tax, wage and social debts +€776
up €776 (+42.8%), from €1,812 to €2,588
of which Remuneration and social security: +€1,603
- Gross operating margin -€6,464
down €6,464 (-86.4%), from €7,479 to €1,015
- Financial charges +€674
up €674 (+661%), from €102 to €776
- Taxes -€139
no longer reported in 2025 (was €139)
- Other operating charges +€86
up €86 (+6.1%), from €1,416 to €1,502
- Financial income -€75
no longer reported in 2025 (was €75)
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 | €8,419 | €6,274 | -€2,145 | -25.5% |
| Fixed assets | 21/28 | €4,969 | €4,375 | -€594 | -12.0% |
| Tangible fixed assets | 22/27 | €2,194 | €1,600 | -€594 | -27.1% |
| Plant, machinery and equipment | 23 | €1,724 | €1,284 | -€440 | -25.5% |
| Other tangible fixed assets | 26 | €470 | €316 | -€154 | -32.8% |
| Financial fixed assets | 28 | €2,775 | €2,775 | = | 0.0% |
| Current assets | 29/58 | €3,450 | €1,899 | -€1,551 | -45.0% |
| Amounts receivable within one year | 40/41 | €1,066 | €150 | -€916 | -85.9% |
| Trade receivables | 40 | €1,066 | - | -€1,066 | |
| Other amounts receivable | 41 | - | €150 | +€150 | |
| Cash at bank and in hand | 54/58 | €2,327 | €1,705 | -€622 | -26.7% |
| Deferred charges and accrued income | 490/1 | €57 | €44 | -€13 | -22.8% |
| Total equity and liabilities | 10/49 | €8,419 | €6,274 | -€2,145 | -25.5% |
| Equity | 10/15 | €372 | -€1,485 | -€1,857 | |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,028 | -€13,885 | -€1,857 | -15.4% |
| Amounts payable | 17/49 | €8,047 | €7,759 | -€288 | -3.6% |
| Amounts payable within one year | 42/48 | €8,047 | €7,759 | -€288 | -3.6% |
| Trade debts | 44 | €3,093 | €1,982 | -€1,111 | -35.9% |
| Suppliers | 440/4 | €3,093 | €1,982 | -€1,111 | -35.9% |
| Taxes, remuneration and social security | 45 | €1,812 | €2,588 | +€776 | +42.8% |
| Taxes | 450/3 | €1,812 | €985 | -€827 | -45.6% |
| Remuneration and social security | 454/9 | - | €1,603 | +€1,603 | |
| Other amounts payable | 47/48 | €3,142 | €3,189 | +€47 | +1.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €594 | €594 | = | 0.0% |
| Other operating charges | 640/8 | €1,416 | €1,502 | +€86 | +6.1% |
| Gross operating margin | 9900 | €7,479 | €1,015 | -€6,464 | -86.4% |
| Operating profit (loss) | 9901 | €5,469 | -€1,081 | -€6,550 | |
| Financial income | 75/76B | €75 | - | -€75 | |
| Recurring financial income | 75 | €75 | - | -€75 | |
| Financial charges | 65/66B | €102 | €776 | +€674 | +661% |
| Recurring financial charges | 65 | €102 | €776 | +€674 | +661% |
| Profit (loss) for the period before taxes | 9903 | €5,442 | -€1,857 | -€7,299 | |
| Income taxes | 67/77 | €139 | - | -€139 | |
| Profit (loss) for the period | 9904 | €5,303 | -€1,857 | -€7,160 | |
| Profit (loss) for the period to be appropriated | 9905 | €5,303 | -€1,857 | -€7,160 |
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 20 October 2026 via checked.be.