BITEC services: 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.
BITEC services
Largest movements
- Cash -€55,237
down €55,237 (-24.3%), from €227,676 to €172,439
mainly Other debts (-€40,321) and Receivables within one year (-€33,603)
- Receivables within one year +€33,603
up €33,603 (+696.6%), from €4,824 to €38,427
of which Trade receivables: +€30,168
- Current investments +€19,126
up €19,126 (+34.0%), from €56,283 to €75,409
- Other debts -€40,321
down €40,321 (-15.2%), from €265,628 to €225,307
- Provisions +€39,346
new in 2025: €39,346
- Profit (loss) carried forward -€4,472
new in 2025: -€4,472
- Provisions +€39,346
new in 2025: €39,346
- Gross operating margin -€3,365
down €3,365 (-6.7%), from €50,196 to €46,831
- Financial income +€1,020
up €1,020 (+510125.0%), from €0 to €1,020
- Other operating charges -€892
down €892 (-56.3%), from €1,585 to €693
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 | €296,101 | €292,126 | -€3,974 | -1.3% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €6,248 | €4,731 | -€1,517 | -24.3% |
| Tangible fixed assets | 22/27 | €6,098 | €4,581 | -€1,517 | -24.9% |
| Plant, machinery and equipment | 23 | €3,204 | €2,668 | -€537 | -16.7% |
| Furniture and vehicles | 24 | €2,894 | €1,914 | -€980 | -33.9% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €289,853 | €287,395 | -€2,458 | -0.8% |
| Amounts receivable within one year | 40/41 | €4,824 | €38,427 | +€33,603 | +696.6% |
| Trade receivables | 40 | €2,542 | €32,711 | +€30,168 | +1186.6% |
| Other amounts receivable | 41 | €2,282 | €5,716 | +€3,434 | +150.5% |
| Current investments | 50/53 | €56,283 | €75,409 | +€19,126 | +34.0% |
| Cash at bank and in hand | 54/58 | €227,676 | €172,439 | -€55,237 | -24.3% |
| Deferred charges and accrued income | 490/1 | €1,070 | €1,121 | +€51 | +4.8% |
| Total equity and liabilities | 10/49 | €296,101 | €292,126 | -€3,974 | -1.3% |
| Equity | 10/15 | €18,600 | €14,128 | -€4,472 | -24.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€4,472 | -€4,472 | |
| Provisions and deferred taxes | 16 | - | €39,346 | +€39,346 | |
| Provisions for liabilities and charges | 160/5 | - | €39,346 | +€39,346 | |
| Environmental obligations | 163 | - | €39,346 | +€39,346 | |
| Amounts payable | 17/49 | €277,501 | €238,653 | -€38,848 | -14.0% |
| Amounts payable within one year | 42/48 | €275,417 | €238,653 | -€36,764 | -13.3% |
| Trade debts | 44 | €402 | €1,881 | +€1,479 | +368.3% |
| Suppliers | 440/4 | €402 | €1,881 | +€1,479 | +368.3% |
| Taxes, remuneration and social security | 45 | €9,387 | €11,465 | +€2,077 | +22.1% |
| Taxes | 450/3 | €9,387 | €11,465 | +€2,077 | +22.1% |
| Other amounts payable | 47/48 | €265,628 | €225,307 | -€40,321 | -15.2% |
| Accrued charges and deferred income | 492/3 | €2,084 | - | -€2,084 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,813 | €2,168 | +€354 | +19.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €39,346 | +€39,346 | |
| Other operating charges | 640/8 | €1,585 | €693 | -€892 | -56.3% |
| Gross operating margin | 9900 | €50,196 | €46,831 | -€3,365 | -6.7% |
| Operating profit (loss) | 9901 | €46,798 | €4,624 | -€42,174 | -90.1% |
| Financial income | 75/76B | €0 | €1,020 | +€1,020 | +510125.0% |
| Recurring financial income | 75 | €0 | €1,020 | +€1,020 | +510125.0% |
| Financial charges | 65/66B | €635 | €551 | -€84 | -13.2% |
| Recurring financial charges | 65 | €635 | €551 | -€84 | -13.2% |
| Profit (loss) for the period before taxes | 9903 | €46,163 | €5,094 | -€41,069 | -89.0% |
| Income taxes | 67/77 | €9,838 | €9,566 | -€272 | -2.8% |
| Profit (loss) for the period | 9904 | €36,325 | -€4,472 | -€40,797 | |
| Profit (loss) for the period to be appropriated | 9905 | €36,325 | -€4,472 | -€40,797 |
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.