QJB BILLARD: 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.
QJB BILLARD
Largest movements
- Cash -€14,950
down €14,950 (-70.1%), from €21,327 to €6,377
mainly Net result for the year (-€16,462) and Tax, wage and social debts (-€7,583)
- Tangible fixed assets -€4,838
down €4,838 (-21.4%), from €22,599 to €17,761
of which Other tangible fixed assets: -€2,536
- Stocks and contracts -€3,270
down €3,270 (-31.6%), from €10,351 to €7,081
- Intangible fixed assets -€3,000
down €3,000 (-18.5%), from €16,250 to €13,250
- Profit (loss) carried forward -€16,462
new in 2024: -€16,462
- Tax, wage and social debts -€7,583
down €7,583 (-36.7%), from €20,651 to €13,068
of which Remuneration and social security: -€4,310
- Other debts -€3,120
down €3,120 (-10.0%), from €31,172 to €28,052
- Trade debts -€1,534
down €1,534 (-25.0%), from €6,141 to €4,607
- Accrued charges and deferred income +€897
up €897 (+52.2%), from €1,719 to €2,616
- Gross operating margin -€9,042
down €9,042 (-11.5%), from €78,543 to €69,501
- Staff costs +€7,884
up €7,884 (+13.3%), from €59,346 to €67,231
- Financial income -€1,999
down €1,999 (-89.7%), from €2,228 to €230
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €78,283 | €50,573 | -€27,710 | -35.4% |
| Formation expenses | 20 | €254 | - | -€254 | |
| Fixed assets | 21/28 | €38,939 | €31,101 | -€7,838 | -20.1% |
| Intangible fixed assets | 21 | €16,250 | €13,250 | -€3,000 | -18.5% |
| Tangible fixed assets | 22/27 | €22,599 | €17,761 | -€4,838 | -21.4% |
| Furniture and vehicles | 24 | €9,120 | €6,817 | -€2,303 | -25.2% |
| Other tangible fixed assets | 26 | €13,480 | €10,944 | -€2,536 | -18.8% |
| Financial fixed assets | 28 | €90 | €90 | = | 0.0% |
| Current assets | 29/58 | €39,090 | €19,472 | -€19,618 | -50.2% |
| Stocks and contracts in progress | 3 | €10,351 | €7,081 | -€3,270 | -31.6% |
| Stocks | 30/36 | €10,351 | €7,081 | -€3,270 | -31.6% |
| Amounts receivable within one year | 40/41 | €4,263 | €3,595 | -€668 | -15.7% |
| Trade receivables | 40 | €1,350 | €3,420 | +€2,071 | +153% |
| Other amounts receivable | 41 | €2,914 | €175 | -€2,739 | -94.0% |
| Cash at bank and in hand | 54/58 | €21,327 | €6,377 | -€14,950 | -70.1% |
| Deferred charges and accrued income | 490/1 | €3,149 | €2,419 | -€730 | -23.2% |
| Total equity and liabilities | 10/49 | €78,283 | €50,573 | -€27,710 | -35.4% |
| Equity | 10/15 | €18,600 | €2,138 | -€16,462 | -88.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€16,462 | -€16,462 | |
| Amounts payable | 17/49 | €59,683 | €48,435 | -€11,248 | -18.8% |
| Amounts payable within one year | 42/48 | €57,964 | €45,819 | -€12,145 | -21.0% |
| Financial debts | 43 | - | €91 | +€91 | |
| Credit institutions | 430/8 | - | €91 | +€91 | |
| Trade debts | 44 | €6,141 | €4,607 | -€1,534 | -25.0% |
| Suppliers | 440/4 | €6,141 | €4,607 | -€1,534 | -25.0% |
| Taxes, remuneration and social security | 45 | €20,651 | €13,068 | -€7,583 | -36.7% |
| Taxes | 450/3 | €8,756 | €5,482 | -€3,273 | -37.4% |
| Remuneration and social security | 454/9 | €11,896 | €7,586 | -€4,310 | -36.2% |
| Other amounts payable | 47/48 | €31,172 | €28,052 | -€3,120 | -10.0% |
| Accrued charges and deferred income | 492/3 | €1,719 | €2,616 | +€897 | +52.2% |
| Remuneration, social security and pensions | 62 | €59,346 | €67,231 | +€7,884 | +13.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,183 | €8,768 | -€415 | -4.5% |
| Other operating charges | 640/8 | €6,946 | €7,556 | +€611 | +8.8% |
| Gross operating margin | 9900 | €78,543 | €69,501 | -€9,042 | -11.5% |
| Operating profit (loss) | 9901 | €3,068 | -€14,054 | -€17,121 | |
| Financial income | 75/76B | €2,228 | €230 | -€1,999 | -89.7% |
| Recurring financial income | 75 | €2,228 | €230 | -€1,999 | -89.7% |
| Financial charges | 65/66B | €2,708 | €2,638 | -€70 | -2.6% |
| Recurring financial charges | 65 | €2,708 | €2,638 | -€70 | -2.6% |
| Profit (loss) for the period before taxes | 9903 | €2,587 | -€16,462 | -€19,050 | |
| Profit (loss) for the period | 9904 | €2,587 | -€16,462 | -€19,050 | |
| Profit (loss) for the period to be appropriated | 9905 | €2,587 | -€16,462 | -€19,050 |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.