BIT BY BIT: 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 BY BIT
Largest movements
- Receivables within one year -€58,486
down €58,486 (-43.2%), from €135,412 to €76,926
of which Trade receivables: -€62,283
- Cash +€30,991
up €30,991 (+162.6%), from €19,063 to €50,054
mainly Trade debts (+€62,369) and Debts after one year (+€61,290)
- Deferred charges and accrued income +€2,064
up €2,064 (+67.7%), from €3,047 to €5,111
- Profit (loss) carried forward -€132,791
down €132,791 (-62.6%), from -€212,123 to -€344,914
- Trade debts +€62,369
up €62,369 (+37.9%), from €164,673 to €227,042
- Debts after one year +€61,290
up €61,290 (+129.0%), from €47,501 to €108,791
- Tax, wage and social debts -€17,910
down €17,910 (-21.3%), from €84,049 to €66,139
of which Taxes: -€11,781
- Gross operating margin -€95,284
down €95,284 (-46.4%), from €205,555 to €110,271
- Staff costs -€45,423
down €45,423 (-15.9%), from €285,388 to €239,964
- Depreciation -€3,363
down €3,363 (-69.1%), from €4,863 to €1,500
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 | €161,853 | €134,921 | -€26,932 | -16.6% |
| Fixed assets | 21/28 | €4,330 | €2,830 | -€1,500 | -34.6% |
| Tangible fixed assets | 22/27 | €2,049 | €548 | -€1,500 | -73.2% |
| Plant, machinery and equipment | 23 | €1,027 | €0 | -€1,027 | -100.0% |
| Furniture and vehicles | 24 | €1,022 | €548 | -€474 | -46.3% |
| Other tangible fixed assets | 26 | €0 | - | = | |
| Financial fixed assets | 28 | €2,282 | €2,282 | = | 0.0% |
| Current assets | 29/58 | €157,522 | €132,091 | -€25,432 | -16.1% |
| Amounts receivable after more than one year | 29 | €0 | - | = | |
| Other amounts receivable | 291 | €0 | - | = | |
| Amounts receivable within one year | 40/41 | €135,412 | €76,926 | -€58,486 | -43.2% |
| Trade receivables | 40 | €131,709 | €69,425 | -€62,283 | -47.3% |
| Other amounts receivable | 41 | €3,703 | €7,500 | +€3,797 | +102.5% |
| Cash at bank and in hand | 54/58 | €19,063 | €50,054 | +€30,991 | +162.6% |
| Deferred charges and accrued income | 490/1 | €3,047 | €5,111 | +€2,064 | +67.7% |
| Total equity and liabilities | 10/49 | €161,853 | €134,921 | -€26,932 | -16.6% |
| Equity | 10/15 | -€134,435 | -€267,226 | -€132,791 | -98.8% |
| Contributions | 10/11 | €6,196 | €6,196 | = | 0.0% |
| Reserves | 13 | €71,491 | €71,491 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €69,631 | €69,631 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€212,123 | -€344,914 | -€132,791 | -62.6% |
| Amounts payable | 17/49 | €296,288 | €402,147 | +€105,859 | +35.7% |
| Amounts payable after more than one year | 17 | €47,501 | €108,791 | +€61,290 | +129.0% |
| Other amounts payable | 178/9 | €47,501 | €108,791 | +€61,290 | +129.0% |
| Amounts payable within one year | 42/48 | €248,722 | €293,181 | +€44,459 | +17.9% |
| Trade debts | 44 | €164,673 | €227,042 | +€62,369 | +37.9% |
| Suppliers | 440/4 | €164,673 | €227,042 | +€62,369 | +37.9% |
| Taxes, remuneration and social security | 45 | €84,049 | €66,139 | -€17,910 | -21.3% |
| Taxes | 450/3 | €32,656 | €20,875 | -€11,781 | -36.1% |
| Remuneration and social security | 454/9 | €51,393 | €45,264 | -€6,129 | -11.9% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €65 | €175 | +€110 | +168.4% |
| Remuneration, social security and pensions | 62 | €285,388 | €239,964 | -€45,423 | -15.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,863 | €1,500 | -€3,363 | -69.1% |
| Other operating charges | 640/8 | €1,054 | €1,142 | +€88 | +8.3% |
| Gross operating margin | 9900 | €205,555 | €110,271 | -€95,284 | -46.4% |
| Operating profit (loss) | 9901 | -€85,750 | -€132,336 | -€46,586 | -54.3% |
| Financial income | 75/76B | €0 | €243 | +€243 | +270444.4% |
| Recurring financial income | 75 | €0 | €243 | +€243 | +270444.4% |
| Financial charges | 65/66B | €161 | €523 | +€362 | +224.4% |
| Recurring financial charges | 65 | €161 | €523 | +€362 | +224.4% |
| Profit (loss) for the period before taxes | 9903 | -€85,911 | -€132,615 | -€46,704 | -54.4% |
| Income taxes | 67/77 | €117 | €176 | +€59 | +50.9% |
| Profit (loss) for the period | 9904 | -€86,028 | -€132,791 | -€46,763 | -54.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€86,028 | -€132,791 | -€46,763 | -54.4% |
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.