BITANIA: 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.
BITANIA
Largest movements
- Tangible fixed assets +€31,148
up €31,148 (+488.4%), from €6,378 to €37,526
of which Furniture and vehicles: +€32,490
- Debts after one year +€23,415
new in 2025: €23,415
- Current portion of long-term debt +€7,111
new in 2025: €7,111
- Contributions -€5,000
down €5,000 (-43.1%), from €11,600 to €6,600
- Other debts +€2,486
up €2,486 (+9.2%), from €27,000 to €29,486
- Reserves +€2,463
up €2,463 (+21.9%), from €11,254 to €13,717
- Gross operating margin +€14,834
up €14,834 (+39.6%), from €37,430 to €52,264
- Depreciation +€8,184
up €8,184 (+398.0%), from €2,056 to €10,240
- Financial charges +€1,155
up €1,155 (+2125.1%), from €54 to €1,209
- Taxes +€980
up €980 (+13.2%), from €7,440 to €8,420
- Other operating charges -€571
down €571 (-52.3%), from €1,091 to €520
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 | €57,428 | €89,050 | +€31,622 | +55.1% |
| Fixed assets | 21/28 | €6,378 | €37,526 | +€31,148 | +488.4% |
| Tangible fixed assets | 22/27 | €6,378 | €37,526 | +€31,148 | +488.4% |
| Plant, machinery and equipment | 23 | €5,008 | €3,666 | -€1,342 | -26.8% |
| Furniture and vehicles | 24 | €1,370 | €33,860 | +€32,490 | +2371.4% |
| Current assets | 29/58 | €51,050 | €51,524 | +€474 | +0.9% |
| Amounts receivable within one year | 40/41 | €12,123 | €12,088 | -€35 | -0.3% |
| Trade receivables | 40 | €10,026 | €11,029 | +€1,003 | +10.0% |
| Other amounts receivable | 41 | €2,098 | €1,060 | -€1,038 | -49.5% |
| Cash at bank and in hand | 54/58 | €37,967 | €38,473 | +€506 | +1.3% |
| Deferred charges and accrued income | 490/1 | €960 | €963 | +€3 | +0.3% |
| Total equity and liabilities | 10/49 | €57,428 | €89,050 | +€31,622 | +55.1% |
| Equity | 10/15 | €22,854 | €20,317 | -€2,537 | -11.1% |
| Contributions | 10/11 | €11,600 | €6,600 | -€5,000 | -43.1% |
| Reserves | 13 | €11,254 | €13,717 | +€2,463 | +21.9% |
| Distributable reserves | 133 | €11,254 | €13,717 | +€2,463 | +21.9% |
| Amounts payable | 17/49 | €34,574 | €68,733 | +€34,159 | +98.8% |
| Amounts payable after more than one year | 17 | - | €23,415 | +€23,415 | |
| Financial debts | 170/4 | - | €23,415 | +€23,415 | |
| Amounts payable within one year | 42/48 | €34,574 | €45,318 | +€10,744 | +31.1% |
| Current portion of amounts payable after more than one year | 42 | - | €7,111 | +€7,111 | |
| Trade debts | 44 | €1,743 | €2,063 | +€320 | +18.4% |
| Suppliers | 440/4 | €1,743 | €2,063 | +€320 | +18.4% |
| Taxes, remuneration and social security | 45 | €5,831 | €6,658 | +€827 | +14.2% |
| Taxes | 450/3 | €5,831 | €6,658 | +€827 | +14.2% |
| Other amounts payable | 47/48 | €27,000 | €29,486 | +€2,486 | +9.2% |
| Non-recurring operating income | 76A | - | €3,801 | +€3,801 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,056 | €10,240 | +€8,184 | +398.0% |
| Other operating charges | 640/8 | €1,091 | €520 | -€571 | -52.3% |
| Gross operating margin | 9900 | €37,430 | €52,264 | +€14,834 | +39.6% |
| Operating profit (loss) | 9901 | €34,283 | €41,504 | +€7,221 | +21.1% |
| Financial charges | 65/66B | €54 | €1,209 | +€1,155 | +2125.1% |
| Recurring financial charges | 65 | €54 | €1,209 | +€1,155 | +2125.1% |
| Profit (loss) for the period before taxes | 9903 | €34,229 | €40,295 | +€6,066 | +17.7% |
| Income taxes | 67/77 | €7,440 | €8,420 | +€980 | +13.2% |
| Profit (loss) for the period | 9904 | €26,788 | €31,875 | +€5,086 | +19.0% |
| Profit (loss) for the period to be appropriated | 9905 | €26,788 | €31,875 | +€5,086 | +19.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.