BitProject: 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.
BitProject
Largest movements
- Cash +€60,279
up €60,279 (+19.4%), from €310,575 to €370,853
mainly Net result for the year (+€68,761) and Other debts (+€46,391)
- Receivables within one year -€13,225
down €13,225 (-50.0%), from €26,450 to €13,225
- Tangible fixed assets -€10,768
down €10,768 (-24.6%), from €43,832 to €33,064
- Other debts +€46,391
up €46,391 (+94.8%), from €48,956 to €95,348
- Reserves -€8,495
down €8,495 (-2.9%), from €295,534 to €287,039
- Gross operating margin +€2,542
up €2,542 (+2.3%), from €109,125 to €111,667
- Financial income +€1,519
up €1,519 (+293.4%), from €518 to €2,036
- Taxes +€1,187
up €1,187 (+3.7%), from €32,283 to €33,470
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 | €380,856 | €417,142 | +€36,286 | +9.5% |
| Fixed assets | 21/28 | €43,832 | €33,064 | -€10,768 | -24.6% |
| Tangible fixed assets | 22/27 | €43,832 | €33,064 | -€10,768 | -24.6% |
| Furniture and vehicles | 24 | €43,832 | €33,064 | -€10,768 | -24.6% |
| Current assets | 29/58 | €337,024 | €384,078 | +€47,054 | +14.0% |
| Amounts receivable within one year | 40/41 | €26,450 | €13,225 | -€13,225 | -50.0% |
| Trade receivables | 40 | €26,450 | €13,225 | -€13,225 | -50.0% |
| Cash at bank and in hand | 54/58 | €310,575 | €370,853 | +€60,279 | +19.4% |
| Total equity and liabilities | 10/49 | €380,856 | €417,142 | +€36,286 | +9.5% |
| Equity | 10/15 | €314,134 | €305,639 | -€8,495 | -2.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €295,534 | €287,039 | -€8,495 | -2.9% |
| Distributable reserves | 133 | €295,534 | €287,039 | -€8,495 | -2.9% |
| Amounts payable | 17/49 | €66,722 | €111,503 | +€44,780 | +67.1% |
| Amounts payable within one year | 42/48 | €66,722 | €111,503 | +€44,780 | +67.1% |
| Trade debts | 44 | €1,213 | €1,765 | +€552 | +45.5% |
| Suppliers | 440/4 | €1,213 | €1,765 | +€552 | +45.5% |
| Taxes, remuneration and social security | 45 | €16,553 | €14,390 | -€2,163 | -13.1% |
| Taxes | 450/3 | €16,553 | €14,390 | -€2,163 | -13.1% |
| Other amounts payable | 47/48 | €48,956 | €95,348 | +€46,391 | +94.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,008 | €10,768 | +€760 | +7.6% |
| Other operating charges | 640/8 | €528 | €619 | +€91 | +17.3% |
| Gross operating margin | 9900 | €109,125 | €111,667 | +€2,542 | +2.3% |
| Operating profit (loss) | 9901 | €98,589 | €100,280 | +€1,691 | +1.7% |
| Financial income | 75/76B | €518 | €2,036 | +€1,519 | +293.4% |
| Recurring financial income | 75 | €518 | €2,036 | +€1,519 | +293.4% |
| Financial charges | 65/66B | €78 | €84 | +€6 | +8.2% |
| Recurring financial charges | 65 | €78 | €84 | +€6 | +8.2% |
| Profit (loss) for the period before taxes | 9903 | €99,029 | €102,231 | +€3,203 | +3.2% |
| Income taxes | 67/77 | €32,283 | €33,470 | +€1,187 | +3.7% |
| Profit (loss) for the period | 9904 | €66,746 | €68,761 | +€2,015 | +3.0% |
| Profit (loss) for the period to be appropriated | 9905 | €66,746 | €68,761 | +€2,015 | +3.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.