BITOS: 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.
BITOS
Largest movements
- Current investments -€500,000
no longer reported in 2025 (was €500,000)
- Tangible fixed assets +€35,361
up €35,361 (+148.4%), from €23,830 to €59,191
of which Plant, machinery and equipment: +€28,491
- Receivables within one year +€29,755
up €29,755 (+7.3%), from €405,770 to €435,525
- Other debts -€350,000
no longer reported in 2025 (was €350,000)
- Tax, wage and social debts -€135,535
down €135,535 (-59.5%), from €227,848 to €92,313
of which Taxes: -€130,096
- Profit (loss) carried forward +€81,137
up €81,137 (+98.8%), from €82,122 to €163,259
- Advances received -€44,207
down €44,207 (-17.0%), from €259,964 to €215,758
- Gross operating margin +€98,031
up €98,031 (+36.8%), from €266,746 to €364,777
- Taxes +€17,942
up €17,942 (+127.6%), from €14,058 to €32,000
- Financial income -€15,277
down €15,277 (-95.4%), from €16,021 to €743
- Depreciation +€8,899
up €8,899 (+21.1%), from €42,241 to €51,140
- Staff costs +€8,002
up €8,002 (+4.2%), from €190,256 to €198,258
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 | €1,049,989 | €608,313 | -€441,676 | -42.1% |
| Fixed assets | 21/28 | €107,115 | €132,390 | +€25,274 | +23.6% |
| Intangible fixed assets | 21 | €83,285 | €73,199 | -€10,087 | -12.1% |
| Tangible fixed assets | 22/27 | €23,830 | €59,191 | +€35,361 | +148.4% |
| Plant, machinery and equipment | 23 | €4,657 | €33,148 | +€28,491 | +611.8% |
| Furniture and vehicles | 24 | €19,173 | €26,043 | +€6,870 | +35.8% |
| Current assets | 29/58 | €942,874 | €475,923 | -€466,951 | -49.5% |
| Stocks and contracts in progress | 3 | €16,586 | €19,340 | +€2,754 | +16.6% |
| Stocks | 30/36 | €16,586 | €19,340 | +€2,754 | +16.6% |
| Amounts receivable within one year | 40/41 | €405,770 | €435,525 | +€29,755 | +7.3% |
| Trade receivables | 40 | €405,770 | €435,525 | +€29,755 | +7.3% |
| Current investments | 50/53 | €500,000 | - | -€500,000 | |
| Cash at bank and in hand | 54/58 | €16,637 | €13,208 | -€3,429 | -20.6% |
| Deferred charges and accrued income | 490/1 | €3,880 | €7,850 | +€3,970 | +102.3% |
| Total equity and liabilities | 10/49 | €1,049,989 | €608,313 | -€441,676 | -42.1% |
| Equity | 10/15 | €153,622 | €234,759 | +€81,137 | +52.8% |
| Contributions | 10/11 | €61,500 | €61,500 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Reserves | 13 | €10,000 | €10,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Distributable reserves | 133 | €3,850 | €3,850 | = | 0.0% |
| Profit (loss) carried forward | 14 | €82,122 | €163,259 | +€81,137 | +98.8% |
| Amounts payable | 17/49 | €896,367 | €373,554 | -€522,813 | -58.3% |
| Amounts payable within one year | 42/48 | €896,367 | €373,554 | -€522,813 | -58.3% |
| Trade debts | 44 | €58,554 | €65,483 | +€6,929 | +11.8% |
| Suppliers | 440/4 | €58,554 | €65,483 | +€6,929 | +11.8% |
| Advances received on contracts in progress | 46 | €259,964 | €215,758 | -€44,207 | -17.0% |
| Taxes, remuneration and social security | 45 | €227,848 | €92,313 | -€135,535 | -59.5% |
| Taxes | 450/3 | €191,342 | €61,245 | -€130,096 | -68.0% |
| Remuneration and social security | 454/9 | €36,506 | €31,068 | -€5,438 | -14.9% |
| Other amounts payable | 47/48 | €350,000 | - | -€350,000 | |
| Remuneration, social security and pensions | 62 | €190,256 | €198,258 | +€8,002 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,241 | €51,140 | +€8,899 | +21.1% |
| Other operating charges | 640/8 | €1,813 | €2,273 | +€460 | +25.4% |
| Gross operating margin | 9900 | €266,746 | €364,777 | +€98,031 | +36.8% |
| Operating profit (loss) | 9901 | €32,436 | €113,106 | +€80,670 | +248.7% |
| Financial income | 75/76B | €16,021 | €743 | -€15,277 | -95.4% |
| Recurring financial income | 75 | €16,021 | €743 | -€15,277 | -95.4% |
| Financial charges | 65/66B | €479 | €713 | +€234 | +48.8% |
| Recurring financial charges | 65 | €479 | €713 | +€234 | +48.8% |
| Profit (loss) for the period before taxes | 9903 | €47,978 | €113,137 | +€65,159 | +135.8% |
| Income taxes | 67/77 | €14,058 | €32,000 | +€17,942 | +127.6% |
| Profit (loss) for the period | 9904 | €33,920 | €81,137 | +€47,217 | +139.2% |
| Profit (loss) for the period to be appropriated | 9905 | €33,920 | €81,137 | +€47,217 | +139.2% |
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 6 October 2026 via checked.be.