BITCULTURE: 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.
BITCULTURE
Largest movements
- Cash -€27,499
down €27,499 (-28.1%), from €97,760 to €70,261
mainly Other debts (-€21,600) and Receivables within one year (-€5,983)
- Receivables within one year +€5,983
up €5,983 (+195%), from €3,062 to €9,045
of which Other amounts receivable: +€4,084
- Tangible fixed assets -€2,086
down €2,086 (-31.1%), from €6,699 to €4,614
of which Plant, machinery and equipment: -€1,524
- Other debts -€21,600
down €21,600 (-36.6%), from €58,994 to €37,394
- Tax, wage and social debts -€2,114
down €2,114 (-100%), from €2,114 to €0
- Gross operating margin -€37,774
down €37,774 (-91.2%), from €41,429 to €3,655
- Taxes -€1,533
down €1,533 (-72.1%), from €2,127 to €593
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 | €107,815 | €84,283 | -€23,532 | -21.8% |
| Fixed assets | 21/28 | €6,699 | €4,614 | -€2,086 | -31.1% |
| Tangible fixed assets | 22/27 | €6,699 | €4,614 | -€2,086 | -31.1% |
| Plant, machinery and equipment | 23 | €4,793 | €3,270 | -€1,524 | -31.8% |
| Furniture and vehicles | 24 | €1,906 | €1,344 | -€562 | -29.5% |
| Current assets | 29/58 | €101,115 | €79,669 | -€21,447 | -21.2% |
| Stocks and contracts in progress | 3 | €293 | €260 | -€32 | -11.0% |
| Stocks | 30/36 | €293 | €260 | -€32 | -11.0% |
| Amounts receivable within one year | 40/41 | €3,062 | €9,045 | +€5,983 | +195% |
| Trade receivables | 40 | €1,045 | €2,944 | +€1,899 | +182% |
| Other amounts receivable | 41 | €2,017 | €6,101 | +€4,084 | +202% |
| Cash at bank and in hand | 54/58 | €97,760 | €70,261 | -€27,499 | -28.1% |
| Deferred charges and accrued income | 490/1 | - | €102 | +€102 | |
| Total equity and liabilities | 10/49 | €107,815 | €84,283 | -€23,532 | -21.8% |
| Equity | 10/15 | €34,454 | €35,301 | +€847 | +2.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €28,254 | €29,101 | +€847 | +3.0% |
| Distributable reserves | 133 | €28,254 | €29,101 | +€847 | +3.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €73,361 | €48,982 | -€24,380 | -33.2% |
| Amounts payable within one year | 42/48 | €73,361 | €48,982 | -€24,380 | -33.2% |
| Trade debts | 44 | €12,253 | €11,588 | -€665 | -5.4% |
| Suppliers | 440/4 | €12,253 | €11,588 | -€665 | -5.4% |
| Taxes, remuneration and social security | 45 | €2,114 | €0 | -€2,114 | -100% |
| Taxes | 450/3 | €2,114 | €0 | -€2,114 | -100% |
| Other amounts payable | 47/48 | €58,994 | €37,394 | -€21,600 | -36.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,995 | €2,086 | +€90 | +4.5% |
| Other operating charges | 640/8 | €62 | €62 | = | 0.0% |
| Gross operating margin | 9900 | €41,429 | €3,655 | -€37,774 | -91.2% |
| Operating profit (loss) | 9901 | €39,372 | €1,508 | -€37,864 | -96.2% |
| Financial income | 75/76B | €48 | €116 | +€68 | +142% |
| Recurring financial income | 75 | €48 | €116 | +€68 | +142% |
| Financial charges | 65/66B | €134 | €183 | +€49 | +36.5% |
| Recurring financial charges | 65 | €134 | €183 | +€49 | +36.5% |
| Profit (loss) for the period before taxes | 9903 | €39,286 | €1,441 | -€37,845 | -96.3% |
| Income taxes | 67/77 | €2,127 | €593 | -€1,533 | -72.1% |
| Profit (loss) for the period | 9904 | €37,159 | €847 | -€36,312 | -97.7% |
| Profit (loss) for the period to be appropriated | 9905 | €37,159 | €847 | -€36,312 | -97.7% |
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 23 October 2026 via checked.be.