BIT FACTOR: 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 FACTOR
Largest movements
- Cash -€94,169
down €94,169 (-82.2%), from €114,571 to €20,402
mainly Receivables within one year (-€58,306) and Other debts (-€46,875)
- Receivables within one year +€58,306
up €58,306 (+192%), from €30,296 to €88,602
of which Other amounts receivable: +€41,549
- Other debts -€46,875
down €46,875 (-55.0%), from €85,179 to €38,304
- Tax, wage and social debts +€11,860
up €11,860 (+48.2%), from €24,605 to €36,465
- Gross operating margin -€6,780
down €6,780 (-9.9%), from €68,703 to €61,923
- Taxes -€2,946
down €2,946 (-17.9%), from €16,486 to €13,540
- Financial income -€1,636
no longer reported in 2025 (was €1,636)
- Other operating charges +€1,157
new in 2025: €1,157
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 | €155,797 | €122,079 | -€33,718 | -21.6% |
| Fixed assets | 21/28 | €9,824 | €10,648 | +€824 | +8.4% |
| Tangible fixed assets | 22/27 | €9,824 | €10,648 | +€824 | +8.4% |
| Land and buildings | 22 | €9,824 | €8,208 | -€1,616 | -16.4% |
| Plant, machinery and equipment | 23 | - | €2,440 | +€2,440 | |
| Current assets | 29/58 | €145,973 | €111,431 | -€34,542 | -23.7% |
| Amounts receivable within one year | 40/41 | €30,296 | €88,602 | +€58,306 | +192% |
| Trade receivables | 40 | - | €16,757 | +€16,757 | |
| Other amounts receivable | 41 | €30,296 | €71,845 | +€41,549 | +137% |
| Cash at bank and in hand | 54/58 | €114,571 | €20,402 | -€94,169 | -82.2% |
| Deferred charges and accrued income | 490/1 | €1,106 | €2,427 | +€1,321 | +119% |
| Total equity and liabilities | 10/49 | €155,797 | €122,079 | -€33,718 | -21.6% |
| Equity | 10/15 | €45,460 | €45,460 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €26,860 | €26,860 | = | 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 | €25,000 | €25,000 | = | 0.0% |
| Amounts payable | 17/49 | €110,337 | €76,619 | -€33,718 | -30.6% |
| Amounts payable within one year | 42/48 | €110,337 | €75,352 | -€34,985 | -31.7% |
| Trade debts | 44 | €553 | €583 | +€30 | +5.4% |
| Suppliers | 440/4 | €553 | €583 | +€30 | +5.4% |
| Taxes, remuneration and social security | 45 | €24,605 | €36,465 | +€11,860 | +48.2% |
| Taxes | 450/3 | €24,605 | €36,465 | +€11,860 | +48.2% |
| Other amounts payable | 47/48 | €85,179 | €38,304 | -€46,875 | -55.0% |
| Accrued charges and deferred income | 492/3 | - | €1,267 | +€1,267 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,615 | €1,909 | +€294 | +18.2% |
| Other operating charges | 640/8 | - | €1,157 | +€1,157 | |
| Gross operating margin | 9900 | €68,703 | €61,923 | -€6,780 | -9.9% |
| Operating profit (loss) | 9901 | €67,088 | €58,857 | -€8,231 | -12.3% |
| Financial income | 75/76B | €1,636 | - | -€1,636 | |
| Recurring financial income | 75 | €1,636 | - | -€1,636 | |
| Financial charges | 65/66B | €238 | €253 | +€15 | +6.3% |
| Recurring financial charges | 65 | €238 | €253 | +€15 | +6.3% |
| Profit (loss) for the period before taxes | 9903 | €68,486 | €58,604 | -€9,882 | -14.4% |
| Income taxes | 67/77 | €16,486 | €13,540 | -€2,946 | -17.9% |
| Profit (loss) for the period | 9904 | €52,000 | €45,064 | -€6,936 | -13.3% |
| Profit (loss) for the period to be appropriated | 9905 | €52,000 | €45,064 | -€6,936 | -13.3% |
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 24 October 2026 via checked.be.