BITTER: 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.
BITTER
Largest movements
- Cash +€8,883
up €8,883 (+154.2%), from €5,760 to €14,643
mainly Depreciation (+€5,304) and Stocks and contracts (+€4,497)
- Stocks and contracts -€4,497
down €4,497 (-44.0%), from €10,209 to €5,712
- Tangible fixed assets -€3,985
down €3,985 (-18.3%), from €21,793 to €17,808
of which Plant, machinery and equipment: -€2,092
- Receivables within one year -€617
down €617 (-6.8%), from €9,018 to €8,401
of which Other amounts receivable: -€949
- Debts after one year -€6,935
down €6,935 (-30.6%), from €22,669 to €15,735
- Profit (loss) carried forward +€2,362
up €2,362 (+47.1%), from €5,019 to €7,381
- Tax, wage and social debts +€2,214
up €2,214 (+37.1%), from €5,965 to €8,179
of which Taxes: +€1,714
- Trade debts +€1,888
up €1,888 (+103.5%), from €1,824 to €3,712
- Current portion of long-term debt +€780
up €780 (+11.7%), from €6,654 to €7,435
- Gross operating margin +€6,731
up €6,731 (+152.7%), from €4,408 to €11,139
- Taxes +€1,040
new in 2025: €1,040
- Financial charges -€522
down €522 (-17.2%), from €3,042 to €2,520
- Depreciation +€480
up €480 (+10.0%), from €4,824 to €5,304
- Financial income +€332
up €332 (+195041.2%), from €0 to €332
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 | €54,787 | €54,563 | -€225 | -0.4% |
| Fixed assets | 21/28 | €28,293 | €24,308 | -€3,985 | -14.1% |
| Tangible fixed assets | 22/27 | €21,793 | €17,808 | -€3,985 | -18.3% |
| Plant, machinery and equipment | 23 | €5,038 | €2,946 | -€2,092 | -41.5% |
| Furniture and vehicles | 24 | €4,778 | €4,261 | -€517 | -10.8% |
| Other tangible fixed assets | 26 | €11,977 | €10,601 | -€1,376 | -11.5% |
| Financial fixed assets | 28 | €6,500 | €6,500 | = | 0.0% |
| Current assets | 29/58 | €26,494 | €30,255 | +€3,760 | +14.2% |
| Stocks and contracts in progress | 3 | €10,209 | €5,712 | -€4,497 | -44.0% |
| Stocks | 30/36 | €10,209 | €5,712 | -€4,497 | -44.0% |
| Amounts receivable within one year | 40/41 | €9,018 | €8,401 | -€617 | -6.8% |
| Trade receivables | 40 | €2,526 | €2,858 | +€332 | +13.1% |
| Other amounts receivable | 41 | €6,492 | €5,542 | -€949 | -14.6% |
| Cash at bank and in hand | 54/58 | €5,760 | €14,643 | +€8,883 | +154.2% |
| Deferred charges and accrued income | 490/1 | €1,508 | €1,499 | -€9 | -0.6% |
| Total equity and liabilities | 10/49 | €54,787 | €54,563 | -€225 | -0.4% |
| Equity | 10/15 | €17,019 | €19,381 | +€2,362 | +13.9% |
| Contributions | 10/11 | €12,000 | €12,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,019 | €7,381 | +€2,362 | +47.1% |
| Amounts payable | 17/49 | €37,769 | €35,182 | -€2,586 | -6.8% |
| Amounts payable after more than one year | 17 | €22,669 | €15,735 | -€6,935 | -30.6% |
| Financial debts | 170/4 | €22,669 | €15,735 | -€6,935 | -30.6% |
| Amounts payable within one year | 42/48 | €14,503 | €19,386 | +€4,882 | +33.7% |
| Current portion of amounts payable after more than one year | 42 | €6,654 | €7,435 | +€780 | +11.7% |
| Trade debts | 44 | €1,824 | €3,712 | +€1,888 | +103.5% |
| Suppliers | 440/4 | €1,824 | €3,712 | +€1,888 | +103.5% |
| Advances received on contracts in progress | 46 | €60 | €60 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €5,965 | €8,179 | +€2,214 | +37.1% |
| Taxes | 450/3 | €5,965 | €7,679 | +€1,714 | +28.7% |
| Remuneration and social security | 454/9 | - | €500 | +€500 | |
| Other amounts payable | 47/48 | - | €0 | = | |
| Accrued charges and deferred income | 492/3 | €596 | €62 | -€534 | -89.6% |
| Remuneration, social security and pensions | 62 | - | €0 | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,824 | €5,304 | +€480 | +10.0% |
| Other operating charges | 640/8 | - | €245 | +€245 | |
| Gross operating margin | 9900 | €4,408 | €11,139 | +€6,731 | +152.7% |
| Operating profit (loss) | 9901 | -€415 | €5,590 | +€6,005 | |
| Financial income | 75/76B | €0 | €332 | +€332 | +195041.2% |
| Recurring financial income | 75 | €0 | €332 | +€332 | +195041.2% |
| Financial charges | 65/66B | €3,042 | €2,520 | -€522 | -17.2% |
| Recurring financial charges | 65 | €3,042 | €2,520 | -€522 | -17.2% |
| Profit (loss) for the period before taxes | 9903 | -€3,457 | €3,402 | +€6,859 | |
| Income taxes | 67/77 | - | €1,040 | +€1,040 | |
| Profit (loss) for the period | 9904 | -€3,457 | €2,362 | +€5,819 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,457 | €2,362 | +€5,819 |
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 29 September 2026 via checked.be.