bITco: 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.
bITco
Largest movements
- Tangible fixed assets +€163,587
up €163,587 (+16.6%), from €986,898 to €1.2m
of which Land and buildings: +€167,450
- Receivables after one year -€125,079
down €125,079 (-88.4%), from €141,479 to €16,401
- Receivables within one year +€32,070
up €32,070 (+294.8%), from €10,879 to €42,949
of which Other amounts receivable: +€26,014
- Debts after one year +€169,504
up €169,504 (+27.0%), from €626,810 to €796,314
- Other debts -€62,448
down €62,448 (-92.2%), from €67,728 to €5,280
- Current portion of long-term debt -€23,668
down €23,668 (-18.5%), from €127,820 to €104,152
- Tax, wage and social debts -€13,137
down €13,137 (-53.6%), from €24,490 to €11,353
of which Taxes: -€13,072
- Gross operating margin -€45,773
down €45,773 (-26.2%), from €174,668 to €128,896
- Taxes -€11,491
down €11,491 (-54.2%), from €21,188 to €9,697
- Financial charges -€10,597
down €10,597 (-25.0%), from €42,321 to €31,723
- Other operating charges +€7,421
up €7,421 (+115.1%), from €6,447 to €13,868
- Depreciation -€6,692
down €6,692 (-8.0%), from €83,251 to €76,558
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 | €1,150,730 | €1,228,827 | +€78,097 | +6.8% |
| Fixed assets | 21/28 | €986,898 | €1,150,485 | +€163,587 | +16.6% |
| Tangible fixed assets | 22/27 | €986,898 | €1,150,485 | +€163,587 | +16.6% |
| Land and buildings | 22 | €973,929 | €1,141,379 | +€167,450 | +17.2% |
| Plant, machinery and equipment | 23 | €0 | €0 | -€0 | -100.0% |
| Furniture and vehicles | 24 | €12,969 | €9,106 | -€3,862 | -29.8% |
| Current assets | 29/58 | €163,832 | €78,342 | -€85,490 | -52.2% |
| Amounts receivable after more than one year | 29 | €141,479 | €16,401 | -€125,079 | -88.4% |
| Other amounts receivable | 291 | €141,479 | €16,401 | -€125,079 | -88.4% |
| Amounts receivable within one year | 40/41 | €10,879 | €42,949 | +€32,070 | +294.8% |
| Trade receivables | 40 | €10,873 | €16,929 | +€6,056 | +55.7% |
| Other amounts receivable | 41 | €6 | €26,020 | +€26,014 | +442420.6% |
| Cash at bank and in hand | 54/58 | €9,547 | €17,677 | +€8,130 | +85.2% |
| Deferred charges and accrued income | 490/1 | €1,927 | €1,315 | -€612 | -31.8% |
| Total equity and liabilities | 10/49 | €1,150,730 | €1,228,827 | +€78,097 | +6.8% |
| Equity | 10/15 | €284,287 | €283,927 | -€360 | -0.1% |
| Contributions | 10/11 | €12,391 | €12,400 | +€9 | +0.1% |
| Reserves | 13 | €271,897 | €271,527 | -€369 | -0.1% |
| 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 | €270,037 | €269,667 | -€369 | -0.1% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €866,443 | €944,900 | +€78,457 | +9.1% |
| Amounts payable after more than one year | 17 | €626,810 | €796,314 | +€169,504 | +27.0% |
| Financial debts | 170/4 | €626,810 | €796,314 | +€169,504 | +27.0% |
| Amounts payable within one year | 42/48 | €234,927 | €134,123 | -€100,804 | -42.9% |
| Current portion of amounts payable after more than one year | 42 | €127,820 | €104,152 | -€23,668 | -18.5% |
| Trade debts | 44 | €14,889 | €13,338 | -€1,551 | -10.4% |
| Suppliers | 440/4 | €14,889 | €13,338 | -€1,551 | -10.4% |
| Taxes, remuneration and social security | 45 | €24,490 | €11,353 | -€13,137 | -53.6% |
| Taxes | 450/3 | €23,844 | €10,772 | -€13,072 | -54.8% |
| Remuneration and social security | 454/9 | €647 | €581 | -€65 | -10.1% |
| Other amounts payable | 47/48 | €67,728 | €5,280 | -€62,448 | -92.2% |
| Accrued charges and deferred income | 492/3 | €4,706 | €14,463 | +€9,757 | +207.3% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €83,251 | €76,558 | -€6,692 | -8.0% |
| Other operating charges | 640/8 | €6,447 | €13,868 | +€7,421 | +115.1% |
| Gross operating margin | 9900 | €174,668 | €128,896 | -€45,773 | -26.2% |
| Operating profit (loss) | 9901 | €84,971 | €38,470 | -€46,501 | -54.7% |
| Financial income | 75/76B | €6,601 | €2,581 | -€4,020 | -60.9% |
| Recurring financial income | 75 | €6,601 | €2,581 | -€4,020 | -60.9% |
| Financial charges | 65/66B | €42,321 | €31,723 | -€10,597 | -25.0% |
| Recurring financial charges | 65 | €42,321 | €31,723 | -€10,597 | -25.0% |
| Profit (loss) for the period before taxes | 9903 | €49,251 | €9,328 | -€39,923 | -81.1% |
| Income taxes | 67/77 | €21,188 | €9,697 | -€11,491 | -54.2% |
| Profit (loss) for the period | 9904 | €28,063 | -€369 | -€28,432 | |
| Profit (loss) for the period to be appropriated | 9905 | €28,063 | -€369 | -€28,432 |
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 11 October 2026 via checked.be.