Bitar: 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.
Bitar
Largest movements
- Cash -€172,108
down €172,108 (-35.3%), from €488,199 to €316,091
mainly Contributions, distributions and other (-€307,976) and Debts after one year (-€4,402)
- Tangible fixed assets -€9,850
down €9,850 (-57.7%), from €17,079 to €7,229
of which Furniture and vehicles: -€11,011
- Receivables within one year -€9,788
down €9,788 (-100.0%), from €9,788 to €0
- Reserves -€206,424
down €206,424 (-57.9%), from €356,396 to €149,972
- Other debts +€16,367
up €16,367 (+15.8%), from €103,414 to €119,781
- Tax, wage and social debts +€7,037
up €7,037 (+23.0%), from €30,591 to €37,627
- Gross operating margin +€44,647
up €44,647 (+22.4%), from €199,672 to €244,318
- Financial charges +€34,027
up €34,027 (+50.7%), from €67,150 to €101,177
- Taxes +€2,736
up €2,736 (+9.4%), from €29,212 to €31,948
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 | €517,118 | €324,807 | -€192,312 | -37.2% |
| Fixed assets | 21/28 | €17,079 | €7,229 | -€9,850 | -57.7% |
| Tangible fixed assets | 22/27 | €17,079 | €7,229 | -€9,850 | -57.7% |
| Furniture and vehicles | 24 | €17,079 | €6,068 | -€11,011 | -64.5% |
| Other tangible fixed assets | 26 | - | €1,162 | +€1,162 | |
| Current assets | 29/58 | €500,039 | €317,577 | -€182,462 | -36.5% |
| Amounts receivable within one year | 40/41 | €9,788 | €0 | -€9,788 | -100.0% |
| Other amounts receivable | 41 | €9,788 | €0 | -€9,788 | -100.0% |
| Cash at bank and in hand | 54/58 | €488,199 | €316,091 | -€172,108 | -35.3% |
| Deferred charges and accrued income | 490/1 | €2,052 | €1,486 | -€566 | -27.6% |
| Total equity and liabilities | 10/49 | €517,118 | €324,807 | -€192,312 | -37.2% |
| Equity | 10/15 | €368,796 | €162,372 | -€206,424 | -56.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €356,396 | €149,972 | -€206,424 | -57.9% |
| Distributable reserves | 133 | €356,396 | €149,972 | -€206,424 | -57.9% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €148,322 | €162,435 | +€14,113 | +9.5% |
| Amounts payable after more than one year | 17 | €4,402 | €0 | -€4,402 | -100.0% |
| Financial debts | 170/4 | €4,402 | €0 | -€4,402 | -100.0% |
| Amounts payable within one year | 42/48 | €143,920 | €162,435 | +€18,515 | +12.9% |
| Current portion of amounts payable after more than one year | 42 | €8,739 | €4,402 | -€4,337 | -49.6% |
| Trade debts | 44 | €1,177 | €624 | -€553 | -47.0% |
| Suppliers | 440/4 | €1,177 | €624 | -€553 | -47.0% |
| Taxes, remuneration and social security | 45 | €30,591 | €37,627 | +€7,037 | +23.0% |
| Taxes | 450/3 | €30,591 | €37,627 | +€7,037 | +23.0% |
| Other amounts payable | 47/48 | €103,414 | €119,781 | +€16,367 | +15.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,306 | €11,080 | -€226 | -2.0% |
| Other operating charges | 640/8 | €126 | €63 | -€63 | -49.7% |
| Gross operating margin | 9900 | €199,672 | €244,318 | +€44,647 | +22.4% |
| Operating profit (loss) | 9901 | €188,240 | €233,176 | +€44,936 | +23.9% |
| Financial income | 75/76B | €1,923 | €1,501 | -€423 | -22.0% |
| Recurring financial income | 75 | €1,923 | €1,501 | -€423 | -22.0% |
| Financial charges | 65/66B | €67,150 | €101,177 | +€34,027 | +50.7% |
| Recurring financial charges | 65 | €67,150 | €101,177 | +€34,027 | +50.7% |
| Profit (loss) for the period before taxes | 9903 | €123,013 | €133,499 | +€10,487 | +8.5% |
| Income taxes | 67/77 | €29,212 | €31,948 | +€2,736 | +9.4% |
| Profit (loss) for the period | 9904 | €93,800 | €101,551 | +€7,751 | +8.3% |
| Profit (loss) for the period to be appropriated | 9905 | €93,800 | €101,551 | +€7,751 | +8.3% |
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.