bitBrain: 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.
bitBrain
Largest movements
- Cash -€28,908
down €28,908 (-13.3%), from €217,008 to €188,100
mainly Contributions, distributions and other (-€263,884) and Tax, wage and social debts (-€13,757)
- Receivables within one year -€19,853
down €19,853 (-32.3%), from €61,418 to €41,565
of which Trade receivables: -€20,140
- Reserves -€152,043
down €152,043 (-61.6%), from €246,744 to €94,702
- Other debts +€114,543
up €114,543 (+3229.3%), from €3,547 to €118,090
- Tax, wage and social debts -€13,757
down €13,757 (-52.6%), from €26,160 to €12,403
of which Taxes: -€15,811
- Gross operating margin +€29,537
up €29,537 (+25.5%), from €115,737 to €145,274
- Taxes +€7,495
up €7,495 (+30.4%), from €24,659 to €32,154
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 | €279,180 | €230,297 | -€48,883 | -17.5% |
| Fixed assets | 21/28 | €542 | €202 | -€340 | -62.7% |
| Tangible fixed assets | 22/27 | €542 | €202 | -€340 | -62.7% |
| Plant, machinery and equipment | 23 | €542 | €202 | -€340 | -62.7% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €278,638 | €230,094 | -€48,544 | -17.4% |
| Amounts receivable within one year | 40/41 | €61,418 | €41,565 | -€19,853 | -32.3% |
| Trade receivables | 40 | €56,077 | €35,937 | -€20,140 | -35.9% |
| Other amounts receivable | 41 | €5,341 | €5,628 | +€287 | +5.4% |
| Cash at bank and in hand | 54/58 | €217,008 | €188,100 | -€28,908 | -13.3% |
| Deferred charges and accrued income | 490/1 | €212 | €430 | +€218 | +102.8% |
| Total equity and liabilities | 10/49 | €279,180 | €230,297 | -€48,883 | -17.5% |
| Equity | 10/15 | €249,244 | €97,202 | -€152,043 | -61.0% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €246,744 | €94,702 | -€152,043 | -61.6% |
| Distributable reserves | 133 | €246,744 | €94,702 | -€152,043 | -61.6% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €29,936 | €133,095 | +€103,159 | +344.6% |
| Amounts payable within one year | 42/48 | €29,936 | €133,095 | +€103,159 | +344.6% |
| Financial debts | 43 | €17 | €1,632 | +€1,615 | +9372.5% |
| Credit institutions | 430/8 | €17 | €1,632 | +€1,615 | +9372.5% |
| Trade debts | 44 | €212 | €970 | +€758 | +357.7% |
| Suppliers | 440/4 | €212 | €970 | +€758 | +357.7% |
| Taxes, remuneration and social security | 45 | €26,160 | €12,403 | -€13,757 | -52.6% |
| Taxes | 450/3 | €26,160 | €10,349 | -€15,811 | -60.4% |
| Remuneration and social security | 454/9 | - | €2,055 | +€2,055 | |
| Other amounts payable | 47/48 | €3,547 | €118,090 | +€114,543 | +3229.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €461 | €340 | -€122 | -26.4% |
| Other operating charges | 640/8 | €1,340 | €888 | -€451 | -33.7% |
| Gross operating margin | 9900 | €115,737 | €145,274 | +€29,537 | +25.5% |
| Operating profit (loss) | 9901 | €113,936 | €144,046 | +€30,110 | +26.4% |
| Financial income | 75/76B | €0 | €27 | +€27 | +271600.0% |
| Recurring financial income | 75 | €0 | €27 | +€27 | +271600.0% |
| Financial charges | 65/66B | €113 | €78 | -€35 | -30.8% |
| Recurring financial charges | 65 | €113 | €78 | -€35 | -30.8% |
| Profit (loss) for the period before taxes | 9903 | €113,823 | €143,995 | +€30,172 | +26.5% |
| Income taxes | 67/77 | €24,659 | €32,154 | +€7,495 | +30.4% |
| Profit (loss) for the period | 9904 | €89,164 | €111,841 | +€22,677 | +25.4% |
| Profit (loss) for the period to be appropriated | 9905 | €89,164 | €111,841 | +€22,677 | +25.4% |
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 9 October 2026 via checked.be.