B.I.T.: 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.
B.I.T.
Largest movements
- Cash -€265,268
down €265,268 (-65.6%), from €404,315 to €139,047
mainly Contributions, distributions and other (-€573,347) and Receivables within one year (-€172,723)
- Receivables within one year +€172,723
up €172,723 (+35.0%), from €493,007 to €665,730
of which Other amounts receivable: +€159,981
- Profit (loss) carried forward -€401,464
down €401,464 (-84.0%), from €478,058 to €76,594
- Other debts +€376,635
up €376,635 (+173.7%), from €216,849 to €593,484
- Current portion of long-term debt -€34,184
down €34,184 (-76.0%), from €45,002 to €10,818
- Trade debts -€20,676
down €20,676 (-30.3%), from €68,236 to €47,560
- Gross operating margin -€683,926
down €683,926 (-63.7%), from €1.1m to €389,399
- Taxes -€183,456
down €183,456 (-75.9%), from €241,616 to €58,160
- Write-downs +€44,683
new in 2025: €44,683
- Financial charges -€17,103
down €17,103 (-76.3%), from €22,425 to €5,322
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 | €1,892,755 | €1,799,304 | -€93,451 | -4.9% |
| Fixed assets | 21/28 | €987,680 | €990,032 | +€2,352 | +0.2% |
| Tangible fixed assets | 22/27 | €899,774 | €902,126 | +€2,352 | +0.3% |
| Land and buildings | 22 | €892,555 | €879,810 | -€12,746 | -1.4% |
| Plant, machinery and equipment | 23 | €7,219 | €22,316 | +€15,097 | +209.1% |
| Financial fixed assets | 28 | €87,906 | €87,906 | = | 0.0% |
| Current assets | 29/58 | €905,075 | €809,272 | -€95,803 | -10.6% |
| Amounts receivable within one year | 40/41 | €493,007 | €665,730 | +€172,723 | +35.0% |
| Trade receivables | 40 | €51,739 | €64,481 | +€12,742 | +24.6% |
| Other amounts receivable | 41 | €441,268 | €601,249 | +€159,981 | +36.3% |
| Cash at bank and in hand | 54/58 | €404,315 | €139,047 | -€265,268 | -65.6% |
| Deferred charges and accrued income | 490/1 | €7,754 | €4,495 | -€3,258 | -42.0% |
| Total equity and liabilities | 10/49 | €1,892,755 | €1,799,304 | -€93,451 | -4.9% |
| Equity | 10/15 | €1,444,250 | €1,042,786 | -€401,464 | -27.8% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Capital | 10 | €250,000 | €250,000 | = | 0.0% |
| Issued capital | 100 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €716,192 | €716,192 | = | 0.0% |
| Non-distributable reserves | 130/1 | €25,000 | €25,000 | = | 0.0% |
| Legal reserve | 130 | €25,000 | €25,000 | = | 0.0% |
| Distributable reserves | 133 | €691,192 | €691,192 | = | 0.0% |
| Profit (loss) carried forward | 14 | €478,058 | €76,594 | -€401,464 | -84.0% |
| Amounts payable | 17/49 | €448,505 | €756,518 | +€308,013 | +68.7% |
| Amounts payable after more than one year | 17 | €98,044 | €87,227 | -€10,818 | -11.0% |
| Financial debts | 170/4 | €98,044 | €87,227 | -€10,818 | -11.0% |
| Amounts payable within one year | 42/48 | €349,094 | €667,681 | +€318,587 | +91.3% |
| Current portion of amounts payable after more than one year | 42 | €45,002 | €10,818 | -€34,184 | -76.0% |
| Trade debts | 44 | €68,236 | €47,560 | -€20,676 | -30.3% |
| Suppliers | 440/4 | €68,236 | €47,560 | -€20,676 | -30.3% |
| Taxes, remuneration and social security | 45 | €19,008 | €15,820 | -€3,189 | -16.8% |
| Taxes | 450/3 | €19,008 | €15,820 | -€3,189 | -16.8% |
| Other amounts payable | 47/48 | €216,849 | €593,484 | +€376,635 | +173.7% |
| Accrued charges and deferred income | 492/3 | €1,366 | €1,610 | +€244 | +17.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,249 | €68,418 | +€4,169 | +6.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €44,683 | +€44,683 | |
| Other operating charges | 640/8 | €62,446 | €69,586 | +€7,140 | +11.4% |
| Gross operating margin | 9900 | €1,073,324 | €389,399 | -€683,926 | -63.7% |
| Operating profit (loss) | 9901 | €946,629 | €206,711 | -€739,918 | -78.2% |
| Financial income | 75/76B | €22,334 | €28,653 | +€6,320 | +28.3% |
| Recurring financial income | 75 | €22,334 | €28,653 | +€6,320 | +28.3% |
| Financial charges | 65/66B | €22,425 | €5,322 | -€17,103 | -76.3% |
| Recurring financial charges | 65 | €22,425 | €5,322 | -€17,103 | -76.3% |
| Profit (loss) for the period before taxes | 9903 | €946,538 | €230,043 | -€716,495 | -75.7% |
| Income taxes | 67/77 | €241,616 | €58,160 | -€183,456 | -75.9% |
| Profit (loss) for the period | 9904 | €704,922 | €171,883 | -€533,039 | -75.6% |
| Profit (loss) for the period to be appropriated | 9905 | €704,922 | €171,883 | -€533,039 | -75.6% |
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.