Bitshift: 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.
Bitshift
Largest movements
- Cash +€44,236
up €44,236 (+5936.5%), from €745 to €44,981
mainly Net result for the year (+€44,569) and Tax, wage and social debts (+€10,126)
- Receivables within one year +€8,024
up €8,024 (+80.6%), from €9,959 to €17,983
of which Trade receivables: +€8,043
- Receivables after one year -€3,116
down €3,116 (-4.2%), from €73,910 to €70,794
- Tangible fixed assets +€2,219
new in 2025: €2,219
- Profit (loss) carried forward +€33,174
no longer reported in 2025 (was -€33,174)
- Reserves +€11,395
up €11,395 (+28.3%), from €40,225 to €51,620
- Tax, wage and social debts +€10,126
up €10,126 (+3660.6%), from €277 to €10,403
- Other debts -€5,005
down €5,005 (-8.3%), from €60,433 to €55,428
- Gross operating margin +€58,706
up €58,706, from -€32,163 to €26,543
- Financial income +€29,172
up €29,172 (+46436.8%), from €63 to €29,234
- Taxes +€8,919
up €8,919 (+3167.2%), from €282 to €9,200
- Depreciation +€744
up €744 (+1681.8%), from €44 to €788
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 | €87,024 | €137,329 | +€50,305 | +57.8% |
| Fixed assets | 21/28 | - | €2,219 | +€2,219 | |
| Tangible fixed assets | 22/27 | - | €2,219 | +€2,219 | |
| Furniture and vehicles | 24 | - | €2,219 | +€2,219 | |
| Current assets | 29/58 | €87,024 | €135,110 | +€48,086 | +55.3% |
| Amounts receivable after more than one year | 29 | €73,910 | €70,794 | -€3,116 | -4.2% |
| Other amounts receivable | 291 | €73,910 | €70,794 | -€3,116 | -4.2% |
| Amounts receivable within one year | 40/41 | €9,959 | €17,983 | +€8,024 | +80.6% |
| Trade receivables | 40 | €9,940 | €17,983 | +€8,043 | +80.9% |
| Other amounts receivable | 41 | €18 | - | -€18 | |
| Cash at bank and in hand | 54/58 | €745 | €44,981 | +€44,236 | +5936.5% |
| Deferred charges and accrued income | 490/1 | €2,410 | €1,352 | -€1,059 | -43.9% |
| Total equity and liabilities | 10/49 | €87,024 | €137,329 | +€50,305 | +57.8% |
| Equity | 10/15 | €25,651 | €70,220 | +€44,569 | +173.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €40,225 | €51,620 | +€11,395 | +28.3% |
| Distributable reserves | 133 | €40,225 | €51,620 | +€11,395 | +28.3% |
| Profit (loss) carried forward | 14 | -€33,174 | - | +€33,174 | |
| Amounts payable | 17/49 | €61,373 | €67,109 | +€5,736 | +9.3% |
| Amounts payable within one year | 42/48 | €61,373 | €67,109 | +€5,736 | +9.3% |
| Financial debts | 43 | €129 | €319 | +€189 | +146.6% |
| Credit institutions | 430/8 | €129 | €319 | +€189 | +146.6% |
| Trade debts | 44 | €535 | €960 | +€425 | +79.5% |
| Suppliers | 440/4 | €535 | €960 | +€425 | +79.5% |
| Taxes, remuneration and social security | 45 | €277 | €10,403 | +€10,126 | +3660.6% |
| Taxes | 450/3 | €277 | €10,403 | +€10,126 | +3660.6% |
| Other amounts payable | 47/48 | €60,433 | €55,428 | -€5,005 | -8.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €44 | €788 | +€744 | +1681.8% |
| Other operating charges | 640/8 | €118 | €120 | +€2 | +1.7% |
| Gross operating margin | 9900 | -€32,163 | €26,543 | +€58,706 | |
| Operating profit (loss) | 9901 | -€32,325 | €25,635 | +€57,960 | |
| Financial income | 75/76B | €63 | €29,234 | +€29,172 | +46436.8% |
| Recurring financial income | 75 | €63 | €29,234 | +€29,172 | +46436.8% |
| Financial charges | 65/66B | €1,099 | €1,100 | +€2 | +0.2% |
| Recurring financial charges | 65 | €1,099 | €1,100 | +€2 | +0.2% |
| Profit (loss) for the period before taxes | 9903 | -€33,361 | €53,769 | +€87,130 | |
| Income taxes | 67/77 | €282 | €9,200 | +€8,919 | +3167.2% |
| Profit (loss) for the period | 9904 | -€33,643 | €44,569 | +€78,211 | |
| Profit (loss) for the period to be appropriated | 9905 | -€33,643 | €44,569 | +€78,211 |
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 10 October 2026 via checked.be.