BITFINIT: 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.
BITFINIT
Largest movements
- Receivables after one year -€20,000
down €20,000 (-100.0%), from €20,000 to €0
- Tangible fixed assets -€13,922
down €13,922 (-33.1%), from €42,016 to €28,094
of which Leasing and similar rights: -€10,356
- Cash +€9,618
up €9,618 (+25.9%), from €37,117 to €46,735
mainly Other debts (+€60,773) and Net result for the year (+€24,729)
- Reserves -€69,706
down €69,706 (-93.6%), from €74,435 to €4,729
- Other debts +€60,773
up €60,773 (+1917.5%), from €3,169 to €63,942
- Debts after one year -€8,242
down €8,242 (-59.8%), from €13,794 to €5,552
- Tax, wage and social debts -€6,784
down €6,784 (-74.7%), from €9,076 to €2,292
- Trade debts +€2,226
up €2,226 (+262.5%), from €848 to €3,073
- Gross operating margin +€511
up €511 (+1.1%), from €47,587 to €48,098
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 | €114,370 | €90,830 | -€23,540 | -20.6% |
| Fixed assets | 21/28 | €42,016 | €28,094 | -€13,922 | -33.1% |
| Tangible fixed assets | 22/27 | €42,016 | €28,094 | -€13,922 | -33.1% |
| Plant, machinery and equipment | 23 | €1,586 | €983 | -€603 | -38.0% |
| Furniture and vehicles | 24 | €3,919 | €2,426 | -€1,493 | -38.1% |
| Leasing and similar rights | 25 | €24,832 | €14,476 | -€10,356 | -41.7% |
| Other tangible fixed assets | 26 | €11,679 | €10,209 | -€1,470 | -12.6% |
| Current assets | 29/58 | €72,354 | €62,736 | -€9,618 | -13.3% |
| Amounts receivable after more than one year | 29 | €20,000 | €0 | -€20,000 | -100.0% |
| Other amounts receivable | 291 | €20,000 | €0 | -€20,000 | -100.0% |
| Amounts receivable within one year | 40/41 | €15,125 | €15,028 | -€97 | -0.6% |
| Trade receivables | 40 | €15,125 | €15,028 | -€97 | -0.6% |
| Cash at bank and in hand | 54/58 | €37,117 | €46,735 | +€9,618 | +25.9% |
| Deferred charges and accrued income | 490/1 | €112 | €972 | +€860 | +768.1% |
| Total equity and liabilities | 10/49 | €114,370 | €90,830 | -€23,540 | -20.6% |
| Equity | 10/15 | €77,435 | €7,729 | -€69,706 | -90.0% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €74,435 | €4,729 | -€69,706 | -93.6% |
| Distributable reserves | 133 | €74,435 | €4,729 | -€69,706 | -93.6% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €36,935 | €83,101 | +€46,166 | +125.0% |
| Amounts payable after more than one year | 17 | €13,794 | €5,552 | -€8,242 | -59.8% |
| Financial debts | 170/4 | €13,794 | €5,552 | -€8,242 | -59.8% |
| Amounts payable within one year | 42/48 | €23,141 | €77,550 | +€54,408 | +235.1% |
| Current portion of amounts payable after more than one year | 42 | €10,048 | €8,242 | -€1,806 | -18.0% |
| Trade debts | 44 | €848 | €3,073 | +€2,226 | +262.5% |
| Suppliers | 440/4 | €848 | €3,073 | +€2,226 | +262.5% |
| Taxes, remuneration and social security | 45 | €9,076 | €2,292 | -€6,784 | -74.7% |
| Taxes | 450/3 | €9,076 | €2,292 | -€6,784 | -74.7% |
| Other amounts payable | 47/48 | €3,169 | €63,942 | +€60,773 | +1917.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,211 | €13,922 | -€289 | -2.0% |
| Other operating charges | 640/8 | €1,695 | €2,137 | +€442 | +26.1% |
| Gross operating margin | 9900 | €47,587 | €48,098 | +€511 | +1.1% |
| Operating profit (loss) | 9901 | €31,681 | €32,039 | +€358 | +1.1% |
| Financial income | 75/76B | €603 | €719 | +€115 | +19.1% |
| Recurring financial income | 75 | €603 | €719 | +€115 | +19.1% |
| Financial charges | 65/66B | €901 | €715 | -€186 | -20.7% |
| Recurring financial charges | 65 | €901 | €715 | -€186 | -20.7% |
| Profit (loss) for the period before taxes | 9903 | €31,383 | €32,042 | +€659 | +2.1% |
| Income taxes | 67/77 | €6,960 | €7,313 | +€353 | +5.1% |
| Profit (loss) for the period | 9904 | €24,423 | €24,729 | +€306 | +1.3% |
| Profit (loss) for the period to be appropriated | 9905 | €24,423 | €24,729 | +€306 | +1.3% |
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.