B.I.T.C.: 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.C.
Largest movements
- Cash +€45,476
up €45,476 (+62.8%), from €72,377 to €117,853
mainly Net result for the year (+€109,229) and Depreciation (+€17,699)
- Receivables within one year +€42,762
up €42,762 (+260%), from €16,458 to €59,220
of which Trade receivables: +€42,762
- Profit (loss) carried forward +€109,229
up €109,229 (+77.4%), from €141,082 to €250,311
- Debts after one year -€29,482
down €29,482 (-74.7%), from €39,459 to €9,977
- Tax, wage and social debts +€12,741
up €12,741 (+79.4%), from €16,038 to €28,779
of which Taxes: +€12,598
- Trade debts -€5,543
down €5,543 (-13.0%), from €42,668 to €37,125
- Turnover -€556,777
no longer reported in 2025 (was €556,777)
- Purchases and services -€453,816
no longer reported in 2025 (was €453,816)
- Gross operating margin +€77,876
up €77,876 (+42.2%), from €184,523 to €262,399
- Staff costs -€27,316
down €27,316 (-23.2%), from €117,709 to €90,393
- Taxes +€26,429
up €26,429 (+191%), from €13,817 to €40,246
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 | €336,267 | €423,874 | +€87,607 | +26.1% |
| Fixed assets | 21/28 | €247,432 | €246,802 | -€631 | -0.3% |
| Tangible fixed assets | 22/27 | €242,428 | €243,139 | +€711 | +0.3% |
| Land and buildings | 22 | €202,585 | €194,913 | -€7,673 | -3.8% |
| Plant, machinery and equipment | 23 | €346 | €779 | +€433 | +125% |
| Furniture and vehicles | 24 | €29,069 | €22,862 | -€6,207 | -21.4% |
| Other tangible fixed assets | 26 | €10,428 | €24,585 | +€14,157 | +136% |
| Financial fixed assets | 28 | €5,004 | €3,663 | -€1,341 | -26.8% |
| Current assets | 29/58 | €88,835 | €177,072 | +€88,237 | +99.3% |
| Amounts receivable within one year | 40/41 | €16,458 | €59,220 | +€42,762 | +260% |
| Trade receivables | 40 | €10,268 | €53,029 | +€42,762 | +416% |
| Other amounts receivable | 41 | €6,190 | €6,190 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €72,377 | €117,853 | +€45,476 | +62.8% |
| Total equity and liabilities | 10/49 | €336,267 | €423,874 | +€87,607 | +26.1% |
| Equity | 10/15 | €209,282 | €318,511 | +€109,229 | +52.2% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €6,200 | €6,200 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €141,082 | €250,311 | +€109,229 | +77.4% |
| Amounts payable | 17/49 | €126,986 | €105,363 | -€21,622 | -17.0% |
| Amounts payable after more than one year | 17 | €39,459 | €9,977 | -€29,482 | -74.7% |
| Financial debts | 170/4 | €39,459 | €9,977 | -€29,482 | -74.7% |
| Amounts payable within one year | 42/48 | €87,527 | €95,387 | +€7,860 | +9.0% |
| Current portion of amounts payable after more than one year | 42 | €28,821 | €29,482 | +€661 | +2.3% |
| Trade debts | 44 | €42,668 | €37,125 | -€5,543 | -13.0% |
| Suppliers | 440/4 | €42,668 | €37,125 | -€5,543 | -13.0% |
| Taxes, remuneration and social security | 45 | €16,038 | €28,779 | +€12,741 | +79.4% |
| Taxes | 450/3 | €4,474 | €17,072 | +€12,598 | +282% |
| Remuneration and social security | 454/9 | €11,564 | €11,707 | +€143 | +1.2% |
| Turnover | 70 | €556,777 | - | -€556,777 | |
| Goods, raw materials, services and sundry goods | 60/61 | €453,816 | - | -€453,816 | |
| Remuneration, social security and pensions | 62 | €117,709 | €90,393 | -€27,316 | -23.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,372 | €17,699 | +€327 | +1.9% |
| Other operating charges | 640/8 | €2,832 | €1,293 | -€1,539 | -54.3% |
| Non-recurring operating charges | 66A | €110 | - | -€110 | |
| Gross operating margin | 9900 | €184,523 | €262,399 | +€77,876 | +42.2% |
| Operating profit (loss) | 9901 | €46,501 | €153,015 | +€106,514 | +229% |
| Financial income | 75/76B | €49 | €250 | +€200 | +407% |
| Recurring financial income | 75 | €49 | €250 | +€200 | +407% |
| Financial charges | 65/66B | €4,122 | €3,789 | -€333 | -8.1% |
| Recurring financial charges | 65 | €4,122 | €3,789 | -€333 | -8.1% |
| Profit (loss) for the period before taxes | 9903 | €42,428 | €149,475 | +€107,048 | +252% |
| Income taxes | 67/77 | €13,817 | €40,246 | +€26,429 | +191% |
| Profit (loss) for the period | 9904 | €28,611 | €109,229 | +€80,619 | +282% |
| Profit (loss) for the period to be appropriated | 9905 | €28,611 | €109,229 | +€80,619 | +282% |
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 28 October 2026 via checked.be.