BITSTREAM VISUALS: 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.
BITSTREAM VISUALS
Largest movements
- Tangible fixed assets -€364,265
down €364,265 (-69.4%), from €525,085 to €160,820
of which Land and buildings: -€248,501
- Cash -€169,304
down €169,304 (-98.6%), from €171,731 to €2,427
mainly Contributions, distributions and other (-€439,440) and Receivables within one year (-€131,738)
- Receivables within one year +€131,738
up €131,738 (+56.5%), from €233,138 to €364,876
of which Trade receivables: +€91,070
- Current investments -€125,874
no longer reported in 2025 (was €125,874)
- Reserves -€468,000
no longer reported in 2025 (was €468,000)
of which Distributable reserves: -€424,015
- Debts after one year -€30,136
down €30,136 (-33.6%), from €89,805 to €59,669
- Profit (loss) carried forward -€27,043
down €27,043, from €15,425 to -€11,618
- Gross operating margin -€423,899
down €423,899 (-83.0%), from €510,951 to €87,052
- Staff costs -€287,559
no longer reported in 2025 (was €287,559)
- Depreciation -€60,596
down €60,596 (-34.9%), from €173,393 to €112,797
- Financial income +€51,985
up €51,985 (+123773.8%), from €42 to €52,027
- Taxes -€15,824
down €15,824 (-58.8%), from €26,910 to €11,086
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 | €1,059,479 | €529,552 | -€529,927 | -50.0% |
| Fixed assets | 21/28 | €525,138 | €160,820 | -€364,318 | -69.4% |
| Tangible fixed assets | 22/27 | €525,085 | €160,820 | -€364,265 | -69.4% |
| Land and buildings | 22 | €248,501 | - | -€248,501 | |
| Plant, machinery and equipment | 23 | €243,740 | €142,225 | -€101,515 | -41.6% |
| Furniture and vehicles | 24 | €32,844 | €11,442 | -€21,402 | -65.2% |
| Other tangible fixed assets | 26 | - | €7,153 | +€7,153 | |
| Financial fixed assets | 28 | €53 | - | -€53 | |
| Current assets | 29/58 | €534,341 | €368,732 | -€165,609 | -31.0% |
| Amounts receivable within one year | 40/41 | €233,138 | €364,876 | +€131,738 | +56.5% |
| Trade receivables | 40 | €115,894 | €206,964 | +€91,070 | +78.6% |
| Other amounts receivable | 41 | €117,244 | €157,912 | +€40,668 | +34.7% |
| Current investments | 50/53 | €125,874 | - | -€125,874 | |
| Cash at bank and in hand | 54/58 | €171,731 | €2,427 | -€169,304 | -98.6% |
| Deferred charges and accrued income | 490/1 | €3,598 | €1,429 | -€2,169 | -60.3% |
| Total equity and liabilities | 10/49 | €1,059,479 | €529,552 | -€529,927 | -50.0% |
| Equity | 10/15 | €775,425 | €280,382 | -€495,043 | -63.8% |
| Contributions | 10/11 | €292,000 | €292,000 | = | 0.0% |
| Reserves | 13 | €468,000 | - | -€468,000 | |
| Tax-exempt reserves | 132 | €43,985 | - | -€43,985 | |
| Distributable reserves | 133 | €424,015 | - | -€424,015 | |
| Profit (loss) carried forward | 14 | €15,425 | -€11,618 | -€27,043 | |
| Amounts payable | 17/49 | €284,054 | €249,170 | -€34,884 | -12.3% |
| Amounts payable after more than one year | 17 | €89,805 | €59,669 | -€30,136 | -33.6% |
| Financial debts | 170/4 | €89,805 | €59,669 | -€30,136 | -33.6% |
| Amounts payable within one year | 42/48 | €194,249 | €189,501 | -€4,748 | -2.4% |
| Current portion of amounts payable after more than one year | 42 | €38,152 | €30,136 | -€8,016 | -21.0% |
| Trade debts | 44 | €18,914 | €11,195 | -€7,719 | -40.8% |
| Suppliers | 440/4 | €18,914 | €11,195 | -€7,719 | -40.8% |
| Taxes, remuneration and social security | 45 | €11,795 | €19,290 | +€7,495 | +63.5% |
| Taxes | 450/3 | €11,795 | €19,290 | +€7,495 | +63.5% |
| Other amounts payable | 47/48 | €125,388 | €128,880 | +€3,492 | +2.8% |
| Non-recurring operating income | 76A | €29,181 | €25,888 | -€3,293 | -11.3% |
| Remuneration, social security and pensions | 62 | €287,559 | - | -€287,559 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €173,393 | €112,797 | -€60,596 | -34.9% |
| Other operating charges | 640/8 | €3,078 | €5,415 | +€2,337 | +75.9% |
| Non-recurring operating charges | 66A | €4,066 | €58,621 | +€54,555 | +1341.7% |
| Gross operating margin | 9900 | €510,951 | €87,052 | -€423,899 | -83.0% |
| Operating profit (loss) | 9901 | €42,855 | -€89,781 | -€132,636 | |
| Financial income | 75/76B | €42 | €52,027 | +€51,985 | +123773.8% |
| Recurring financial income | 75 | €42 | €52,027 | +€51,985 | +123773.8% |
| Financial charges | 65/66B | €1,196 | €6,763 | +€5,567 | +465.5% |
| Recurring financial charges | 65 | €1,196 | €6,763 | +€5,567 | +465.5% |
| Profit (loss) for the period before taxes | 9903 | €41,701 | -€44,517 | -€86,218 | |
| Income taxes | 67/77 | €26,910 | €11,086 | -€15,824 | -58.8% |
| Profit (loss) for the period | 9904 | €14,791 | -€55,603 | -€70,394 | |
| Transfer from tax-exempt reserves | 789 | - | €43,985 | +€43,985 | |
| Profit (loss) for the period to be appropriated | 9905 | €14,791 | -€11,618 | -€26,409 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.