Bit and Byte: 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.
Bit and Byte
Largest movements
- Receivables within one year +€58,557
up €58,557 (+112.2%), from €52,209 to €110,766
of which Other amounts receivable: +€32,096
- Cash -€39,924
down €39,924 (-37.3%), from €106,897 to €66,973
mainly Receivables within one year (-€58,557) and Contributions, distributions and other (-€39,802)
- Tangible fixed assets -€10,153
down €10,153 (-15.8%), from €64,414 to €54,262
of which Furniture and vehicles: -€8,110
- Deferred charges and accrued income +€3,781
up €3,781 (+124.9%), from €3,026 to €6,807
- Intangible fixed assets -€2,485
down €2,485 (-45.6%), from €5,452 to €2,967
- Profit (loss) carried forward -€30,554
down €30,554 (-62.9%), from €48,554 to €18,000
- Investment grants +€25,601
new in 2025: €25,601
- Tax, wage and social debts +€25,419
up €25,419 (+69.2%), from €36,742 to €62,161
of which Remuneration and social security: +€30,099
- Trade debts -€10,415
down €10,415 (-54.8%), from €19,001 to €8,586
- Current portion of long-term debt -€7,706
no longer reported in 2025 (was €7,706)
- Staff costs +€131,660
up €131,660 (+82.8%), from €158,992 to €290,651
- Gross operating margin +€101,900
up €101,900 (+40.9%), from €249,026 to €350,926
- Taxes -€11,956
down €11,956 (-80.4%), from €14,864 to €2,907
- Depreciation +€8,938
up €8,938 (+80.2%), from €11,149 to €20,086
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 | €232,059 | €241,836 | +€9,777 | +4.2% |
| Fixed assets | 21/28 | €69,927 | €57,289 | -€12,637 | -18.1% |
| Intangible fixed assets | 21 | €5,452 | €2,967 | -€2,485 | -45.6% |
| Tangible fixed assets | 22/27 | €64,414 | €54,262 | -€10,153 | -15.8% |
| Furniture and vehicles | 24 | €58,607 | €50,497 | -€8,110 | -13.8% |
| Other tangible fixed assets | 26 | €5,807 | €3,765 | -€2,042 | -35.2% |
| Financial fixed assets | 28 | €60 | €60 | = | 0.0% |
| Current assets | 29/58 | €162,132 | €184,547 | +€22,414 | +13.8% |
| Amounts receivable within one year | 40/41 | €52,209 | €110,766 | +€58,557 | +112.2% |
| Trade receivables | 40 | €44,523 | €70,984 | +€26,461 | +59.4% |
| Other amounts receivable | 41 | €7,686 | €39,782 | +€32,096 | +417.6% |
| Cash at bank and in hand | 54/58 | €106,897 | €66,973 | -€39,924 | -37.3% |
| Deferred charges and accrued income | 490/1 | €3,026 | €6,807 | +€3,781 | +124.9% |
| Total equity and liabilities | 10/49 | €232,059 | €241,836 | +€9,777 | +4.2% |
| Equity | 10/15 | €78,347 | €73,393 | -€4,953 | -6.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €11,242 | €11,242 | = | 0.0% |
| Non-distributable reserves | 130/1 | €892 | €892 | = | 0.0% |
| Reserves not available under the articles | 1311 | €892 | €892 | = | 0.0% |
| Distributable reserves | 133 | €10,350 | €10,350 | = | 0.0% |
| Profit (loss) carried forward | 14 | €48,554 | €18,000 | -€30,554 | -62.9% |
| Investment grants | 15 | - | €25,601 | +€25,601 | |
| Amounts payable | 17/49 | €153,713 | €168,443 | +€14,730 | +9.6% |
| Amounts payable after more than one year | 17 | €30,368 | €30,368 | = | 0.0% |
| Financial debts | 170/4 | €30,368 | €30,368 | = | 0.0% |
| Amounts payable within one year | 42/48 | €123,303 | €138,075 | +€14,772 | +12.0% |
| Current portion of amounts payable after more than one year | 42 | €7,706 | - | -€7,706 | |
| Financial debts | 43 | - | €1,926 | +€1,926 | |
| Other loans | 439 | - | €1,926 | +€1,926 | |
| Trade debts | 44 | €19,001 | €8,586 | -€10,415 | -54.8% |
| Suppliers | 440/4 | €19,001 | €8,586 | -€10,415 | -54.8% |
| Taxes, remuneration and social security | 45 | €36,742 | €62,161 | +€25,419 | +69.2% |
| Taxes | 450/3 | €4,680 | - | -€4,680 | |
| Remuneration and social security | 454/9 | €32,062 | €62,161 | +€30,099 | +93.9% |
| Other amounts payable | 47/48 | €59,855 | €65,403 | +€5,548 | +9.3% |
| Accrued charges and deferred income | 492/3 | €42 | - | -€42 | |
| Remuneration, social security and pensions | 62 | €158,992 | €290,651 | +€131,660 | +82.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,149 | €20,086 | +€8,938 | +80.2% |
| Other operating charges | 640/8 | €1,937 | €1,930 | -€7 | -0.3% |
| Gross operating margin | 9900 | €249,026 | €350,926 | +€101,900 | +40.9% |
| Operating profit (loss) | 9901 | €76,948 | €38,258 | -€38,690 | -50.3% |
| Financial income | 75/76B | €265 | €843 | +€578 | +218.4% |
| Recurring financial income | 75 | €265 | €843 | +€578 | +218.4% |
| Financial charges | 65/66B | €229 | €1,345 | +€1,116 | +488.1% |
| Recurring financial charges | 65 | €229 | €1,345 | +€1,116 | +488.1% |
| Profit (loss) for the period before taxes | 9903 | €76,984 | €37,756 | -€39,229 | -51.0% |
| Income taxes | 67/77 | €14,864 | €2,907 | -€11,956 | -80.4% |
| Profit (loss) for the period | 9904 | €62,120 | €34,848 | -€27,272 | -43.9% |
| Profit (loss) for the period to be appropriated | 9905 | €62,120 | €34,848 | -€27,272 | -43.9% |
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 10 October 2026 via checked.be.