Bits N Sites: 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.
Bits N Sites
Largest movements
- Receivables within one year -€8,876
down €8,876 (-6.8%), from €130,353 to €121,477
of which Other amounts receivable: -€28,630
- Cash -€6,686
down €6,686 (-20.2%), from €33,101 to €26,415
mainly Contributions, distributions and other (-€35,000) and Trade debts (-€25,040)
- Other debts +€31,367
up €31,367 (+308%), from €10,198 to €41,566
- Trade debts -€25,040
down €25,040 (-38.7%), from €64,680 to €39,639
- Debts after one year -€22,496
down €22,496 (-10.1%), from €222,524 to €200,029
- Tax, wage and social debts -€9,938
down €9,938 (-36.8%), from €27,026 to €17,087
of which Remuneration and social security: -€13,628
- Staff costs -€23,225
down €23,225 (-20.8%), from €111,690 to €88,465
- Gross operating margin +€22,482
up €22,482 (+16.0%), from €140,145 to €162,627
- Taxes +€7,690
up €7,690 (+192%), from €4,013 to €11,703
- Depreciation +€6,059
up €6,059 (+91.4%), from €6,627 to €12,686
- Financial charges +€2,287
up €2,287 (+33.0%), from €6,924 to €9,210
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 | €523,488 | €504,809 | -€18,679 | -3.6% |
| Fixed assets | 21/28 | €341,593 | €340,129 | -€1,464 | -0.4% |
| Tangible fixed assets | 22/27 | €341,473 | €340,129 | -€1,344 | -0.4% |
| Land and buildings | 22 | €324,784 | €324,864 | +€80 | 0.0% |
| Plant, machinery and equipment | 23 | - | €1,809 | +€1,809 | |
| Furniture and vehicles | 24 | €16,689 | €13,456 | -€3,233 | -19.4% |
| Financial fixed assets | 28 | €120 | €0 | -€120 | -100% |
| Current assets | 29/58 | €181,895 | €164,680 | -€17,215 | -9.5% |
| Stocks and contracts in progress | 3 | €14,134 | €12,186 | -€1,949 | -13.8% |
| Stocks | 30/36 | €14,134 | €12,186 | -€1,949 | -13.8% |
| Amounts receivable within one year | 40/41 | €130,353 | €121,477 | -€8,876 | -6.8% |
| Trade receivables | 40 | €88,553 | €108,308 | +€19,755 | +22.3% |
| Other amounts receivable | 41 | €41,800 | €13,169 | -€28,630 | -68.5% |
| Cash at bank and in hand | 54/58 | €33,101 | €26,415 | -€6,686 | -20.2% |
| Deferred charges and accrued income | 490/1 | €4,307 | €4,602 | +€295 | +6.9% |
| Total equity and liabilities | 10/49 | €523,488 | €504,809 | -€18,679 | -3.6% |
| Equity | 10/15 | €166,503 | €171,454 | +€4,951 | +3.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €152,778 | €152,778 | = | 0.0% |
| Distributable reserves | 133 | €152,778 | €152,778 | = | 0.0% |
| Profit (loss) carried forward | 14 | €8,725 | €13,676 | +€4,951 | +56.8% |
| Amounts payable | 17/49 | €356,985 | €333,355 | -€23,630 | -6.6% |
| Amounts payable after more than one year | 17 | €222,524 | €200,029 | -€22,496 | -10.1% |
| Financial debts | 170/4 | €222,524 | €200,029 | -€22,496 | -10.1% |
| Amounts payable within one year | 42/48 | €134,461 | €133,326 | -€1,135 | -0.8% |
| Current portion of amounts payable after more than one year | 42 | €21,710 | €22,496 | +€786 | +3.6% |
| Financial debts | 43 | €959 | €0 | -€959 | -100% |
| Credit institutions | 430/8 | €959 | €0 | -€959 | -100% |
| Trade debts | 44 | €64,680 | €39,639 | -€25,040 | -38.7% |
| Suppliers | 440/4 | €64,680 | €39,639 | -€25,040 | -38.7% |
| Advances received on contracts in progress | 46 | €9,889 | €12,538 | +€2,649 | +26.8% |
| Taxes, remuneration and social security | 45 | €27,026 | €17,087 | -€9,938 | -36.8% |
| Taxes | 450/3 | €4,903 | €8,593 | +€3,689 | +75.2% |
| Remuneration and social security | 454/9 | €22,122 | €8,494 | -€13,628 | -61.6% |
| Other amounts payable | 47/48 | €10,198 | €41,566 | +€31,367 | +308% |
| Remuneration, social security and pensions | 62 | €111,690 | €88,465 | -€23,225 | -20.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,627 | €12,686 | +€6,059 | +91.4% |
| Other operating charges | 640/8 | €2,282 | €695 | -€1,587 | -69.5% |
| Gross operating margin | 9900 | €140,145 | €162,627 | +€22,482 | +16.0% |
| Operating profit (loss) | 9901 | €19,546 | €60,781 | +€41,235 | +211% |
| Financial income | 75/76B | €114 | €83 | -€31 | -27.4% |
| Recurring financial income | 75 | €114 | €83 | -€31 | -27.4% |
| Financial charges | 65/66B | €6,924 | €9,210 | +€2,287 | +33.0% |
| Recurring financial charges | 65 | €6,924 | €9,210 | +€2,287 | +33.0% |
| Profit (loss) for the period before taxes | 9903 | €12,737 | €51,654 | +€38,917 | +306% |
| Income taxes | 67/77 | €4,013 | €11,703 | +€7,690 | +192% |
| Profit (loss) for the period | 9904 | €8,725 | €39,951 | +€31,227 | +358% |
| Profit (loss) for the period to be appropriated | 9905 | €8,725 | €39,951 | +€31,227 | +358% |
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 13 October 2026 via checked.be.