Bijtend Blanco: 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.
Bijtend Blanco
Largest movements
- Current investments +€98,932
up €98,932 (+268%), from €36,949 to €135,880
- Cash -€74,262
down €74,262 (-57.9%), from €128,262 to €54,000
mainly Current investments (-€98,932) and Receivables within one year (-€30,568)
- Receivables within one year +€30,568
up €30,568 (+205%), from €14,888 to €45,456
of which Trade receivables: +€35,202
- Tangible fixed assets -€12,318
down €12,318 (-30.0%), from €41,080 to €28,763
of which Furniture and vehicles: -€11,361
- Reserves +€39,214
up €39,214 (+20.9%), from €187,922 to €227,136
- Current portion of long-term debt +€3,800
new in 2025: €3,800
- Gross operating margin +€16,774
up €16,774 (+34.3%), from €48,889 to €65,663
- Taxes +€4,889
up €4,889 (+50.4%), from €9,695 to €14,584
- Financial income +€1,481
up €1,481 (+116%), from €1,279 to €2,760
- Depreciation -€668
down €668 (-4.9%), from €13,561 to €12,892
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 | €222,406 | €264,744 | +€42,338 | +19.0% |
| Fixed assets | 21/28 | €41,080 | €28,763 | -€12,318 | -30.0% |
| Tangible fixed assets | 22/27 | €41,080 | €28,763 | -€12,318 | -30.0% |
| Plant, machinery and equipment | 23 | €3,252 | €2,296 | -€957 | -29.4% |
| Furniture and vehicles | 24 | €37,828 | €26,467 | -€11,361 | -30.0% |
| Current assets | 29/58 | €181,326 | €235,981 | +€54,655 | +30.1% |
| Amounts receivable within one year | 40/41 | €14,888 | €45,456 | +€30,568 | +205% |
| Trade receivables | 40 | €6,861 | €42,063 | +€35,202 | +513% |
| Other amounts receivable | 41 | €8,028 | €3,393 | -€4,634 | -57.7% |
| Current investments | 50/53 | €36,949 | €135,880 | +€98,932 | +268% |
| Cash at bank and in hand | 54/58 | €128,262 | €54,000 | -€74,262 | -57.9% |
| Deferred charges and accrued income | 490/1 | €1,226 | €644 | -€582 | -47.5% |
| Total equity and liabilities | 10/49 | €222,406 | €264,744 | +€42,338 | +19.0% |
| Equity | 10/15 | €219,298 | €258,512 | +€39,214 | +17.9% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €187,922 | €227,136 | +€39,214 | +20.9% |
| Distributable reserves | 133 | €187,922 | €227,136 | +€39,214 | +20.9% |
| Profit (loss) carried forward | 14 | €18,977 | €18,977 | = | 0.0% |
| Amounts payable | 17/49 | €3,108 | €6,232 | +€3,124 | +101% |
| Amounts payable within one year | 42/48 | €3,108 | €6,232 | +€3,124 | +101% |
| Current portion of amounts payable after more than one year | 42 | - | €3,800 | +€3,800 | |
| Trade debts | 44 | €3,108 | €1,140 | -€1,968 | -63.3% |
| Suppliers | 440/4 | €3,108 | €1,140 | -€1,968 | -63.3% |
| Other amounts payable | 47/48 | - | €1,292 | +€1,292 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,561 | €12,892 | -€668 | -4.9% |
| Other operating charges | 640/8 | €425 | €483 | +€57 | +13.5% |
| Gross operating margin | 9900 | €48,889 | €65,663 | +€16,774 | +34.3% |
| Operating profit (loss) | 9901 | €34,903 | €52,288 | +€17,385 | +49.8% |
| Financial income | 75/76B | €1,279 | €2,760 | +€1,481 | +116% |
| Recurring financial income | 75 | €1,279 | €2,760 | +€1,481 | +116% |
| Financial charges | 65/66B | €1,371 | €1,249 | -€122 | -8.9% |
| Recurring financial charges | 65 | €1,371 | €990 | -€381 | -27.8% |
| Non-recurring financial charges | 66B | - | €259 | +€259 | |
| Profit (loss) for the period before taxes | 9903 | €34,811 | €53,798 | +€18,987 | +54.5% |
| Income taxes | 67/77 | €9,695 | €14,584 | +€4,889 | +50.4% |
| Profit (loss) for the period | 9904 | €25,116 | €39,214 | +€14,098 | +56.1% |
| Profit (loss) for the period to be appropriated | 9905 | €25,116 | €39,214 | +€14,098 | +56.1% |
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 23 October 2026 via checked.be.