BIT-CARE: what changed
Two fiscal 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-CARE
Largest movements
- Tangible fixed assets +€553,193
up €553,193 (+93.2%), from €593,795 to €1.1m
of which Assets under construction and advance payments: +€553,917
- Cash +€43,101
up €43,101 (+37.5%), from €114,983 to €158,084
mainly Debts after one year (+€631,036) and Net result for the year (+€58,046)
- Debts after one year +€631,036
up €631,036 (+123.3%), from €511,696 to €1.1m
of which Financial debts: +€429,036
- Other debts -€110,829
down €110,829 (-92.1%), from €120,397 to €9,568
- Reserves +€56,380
new in 2025: €56,380
- Current portion of long-term debt +€19,802
up €19,802 (+192.8%), from €10,270 to €30,072
- Tax, wage and social debts +€16,882
up €16,882 (+91.6%), from €18,431 to €35,313
- Turnover +€171,428
new in 2025: €171,428
- Purchases and services +€67,972
new in 2025: €67,972
- Gross operating margin +€49,725
up €49,725 (+79.6%), from €62,502 to €112,227
- Taxes +€15,823
up €15,823 (+108.0%), from €14,646 to €30,469
- Financial charges +€11,100
up €11,100 (+106.4%), from €10,429 to €21,529
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 | €710,942 | €1,307,453 | +€596,510 | +83.9% |
| Fixed assets | 21/28 | €593,795 | €1,146,989 | +€553,193 | +93.2% |
| Tangible fixed assets | 22/27 | €593,795 | €1,146,989 | +€553,193 | +93.2% |
| Land and buildings | 22 | €275,000 | €275,000 | = | 0.0% |
| Furniture and vehicles | 24 | €1,664 | €941 | -€723 | -43.5% |
| Assets under construction and advance payments | 27 | €317,131 | €871,048 | +€553,917 | +174.7% |
| Current assets | 29/58 | €117,147 | €160,464 | +€43,317 | +37.0% |
| Amounts receivable within one year | 40/41 | - | €72 | +€72 | |
| Trade receivables | 40 | - | €72 | +€72 | |
| Cash at bank and in hand | 54/58 | €114,983 | €158,084 | +€43,101 | +37.5% |
| Deferred charges and accrued income | 490/1 | €2,165 | €2,308 | +€143 | +6.6% |
| Total equity and liabilities | 10/49 | €710,942 | €1,307,453 | +€596,510 | +83.9% |
| Equity | 10/15 | €18,600 | €74,980 | +€56,380 | +303.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | - | €56,380 | +€56,380 | |
| Distributable reserves | 133 | - | €56,380 | +€56,380 | |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €692,342 | €1,232,473 | +€540,131 | +78.0% |
| Amounts payable after more than one year | 17 | €511,696 | €1,142,733 | +€631,036 | +123.3% |
| Financial debts | 170/4 | €381,696 | €810,733 | +€429,036 | +112.4% |
| Other amounts payable | 178/9 | €130,000 | €332,000 | +€202,000 | +155.4% |
| Amounts payable within one year | 42/48 | €180,646 | €89,740 | -€90,906 | -50.3% |
| Current portion of amounts payable after more than one year | 42 | €10,270 | €30,072 | +€19,802 | +192.8% |
| Financial debts | 43 | €106 | €168 | +€62 | +58.1% |
| Credit institutions | 430/8 | €106 | €168 | +€62 | +58.1% |
| Trade debts | 44 | €31,442 | €14,619 | -€16,823 | -53.5% |
| Suppliers | 440/4 | €31,442 | €14,619 | -€16,823 | -53.5% |
| Taxes, remuneration and social security | 45 | €18,431 | €35,313 | +€16,882 | +91.6% |
| Taxes | 450/3 | €18,431 | €35,313 | +€16,882 | +91.6% |
| Other amounts payable | 47/48 | €120,397 | €9,568 | -€110,829 | -92.1% |
| Turnover | 70 | - | €171,428 | +€171,428 | |
| Non-recurring operating income | 76A | €0 | €100 | +€100 | +58982.4% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €67,972 | +€67,972 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €723 | €723 | +€0 | 0.0% |
| Other operating charges | 640/8 | €2,163 | €1,460 | -€704 | -32.5% |
| Non-recurring operating charges | 66A | €682 | €0 | -€682 | -100.0% |
| Gross operating margin | 9900 | €62,502 | €112,227 | +€49,725 | +79.6% |
| Operating profit (loss) | 9901 | €58,934 | €110,044 | +€51,110 | +86.7% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €10,429 | €21,529 | +€11,100 | +106.4% |
| Recurring financial charges | 65 | €10,429 | €21,529 | +€11,100 | +106.4% |
| Profit (loss) for the period before taxes | 9903 | €48,505 | €88,515 | +€40,010 | +82.5% |
| Income taxes | 67/77 | €14,646 | €30,469 | +€15,823 | +108.0% |
| Profit (loss) for the period | 9904 | €33,859 | €58,046 | +€24,187 | +71.4% |
| Profit (loss) for the period to be appropriated | 9905 | €33,859 | €58,046 | +€24,187 | +71.4% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.