BitVisors: 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.
BitVisors
Largest movements
- Current investments -€135,276
down €135,276 (-96.4%), from €140,276 to €5,000
- Cash +€84,516
up €84,516 (+221%), from €38,283 to €122,799
mainly Net result for the year (+€160,180) and Other debts (+€136,063)
- Receivables within one year +€19,083
up €19,083 (+46.6%), from €40,972 to €60,055
of which Trade receivables: +€19,002
- Tangible fixed assets -€9,520
down €9,520 (-17.2%), from €55,331 to €45,811
of which Furniture and vehicles: -€13,998
- Reserves -€213,000
down €213,000 (-85.2%), from €249,906 to €36,906
of which Distributable reserves: -€213,000
- Other debts +€136,063
up €136,063 (+3,087%), from €4,408 to €140,470
- Tax, wage and social debts +€34,890
up €34,890 (+1,074%), from €3,249 to €38,139
- Gross operating margin +€39,067
up €39,067 (+26.5%), from €147,300 to €186,367
- Financial income +€25,537
up €25,537 (+806%), from €3,168 to €28,705
- Taxes +€9,753
up €9,753 (+33.8%), from €28,847 to €38,601
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 | €277,059 | €235,728 | -€41,331 | -14.9% |
| Fixed assets | 21/28 | €55,331 | €45,811 | -€9,520 | -17.2% |
| Tangible fixed assets | 22/27 | €55,331 | €45,811 | -€9,520 | -17.2% |
| Land and buildings | 22 | - | €4,657 | +€4,657 | |
| Plant, machinery and equipment | 23 | €301 | €122 | -€179 | -59.4% |
| Furniture and vehicles | 24 | €55,030 | €41,032 | -€13,998 | -25.4% |
| Current assets | 29/58 | €221,728 | €189,917 | -€31,811 | -14.3% |
| Amounts receivable within one year | 40/41 | €40,972 | €60,055 | +€19,083 | +46.6% |
| Trade receivables | 40 | €40,972 | €59,974 | +€19,002 | +46.4% |
| Other amounts receivable | 41 | - | €81 | +€81 | |
| Current investments | 50/53 | €140,276 | €5,000 | -€135,276 | -96.4% |
| Cash at bank and in hand | 54/58 | €38,283 | €122,799 | +€84,516 | +221% |
| Deferred charges and accrued income | 490/1 | €2,197 | €2,063 | -€134 | -6.1% |
| Total equity and liabilities | 10/49 | €277,059 | €235,728 | -€41,331 | -14.9% |
| Equity | 10/15 | €268,506 | €55,506 | -€213,000 | -79.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €249,906 | €36,906 | -€213,000 | -85.2% |
| Tax-exempt reserves | 132 | €1,680 | €1,680 | = | 0.0% |
| Distributable reserves | 133 | €248,226 | €35,226 | -€213,000 | -85.8% |
| Amounts payable | 17/49 | €8,553 | €180,222 | +€171,669 | +2,007% |
| Amounts payable within one year | 42/48 | €8,541 | €180,222 | +€171,680 | +2,010% |
| Trade debts | 44 | €885 | €1,612 | +€728 | +82.2% |
| Suppliers | 440/4 | €885 | €1,612 | +€728 | +82.2% |
| Taxes, remuneration and social security | 45 | €3,249 | €38,139 | +€34,890 | +1,074% |
| Taxes | 450/3 | €3,249 | €38,139 | +€34,890 | +1,074% |
| Other amounts payable | 47/48 | €4,408 | €140,470 | +€136,063 | +3,087% |
| Accrued charges and deferred income | 492/3 | €12 | €0 | -€12 | -98.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,720 | €15,269 | -€451 | -2.9% |
| Other operating charges | 640/8 | €908 | €753 | -€156 | -17.2% |
| Gross operating margin | 9900 | €147,300 | €186,367 | +€39,067 | +26.5% |
| Operating profit (loss) | 9901 | €130,671 | €170,345 | +€39,674 | +30.4% |
| Financial income | 75/76B | €3,168 | €28,705 | +€25,537 | +806% |
| Recurring financial income | 75 | €3,168 | €28,705 | +€25,537 | +806% |
| Financial charges | 65/66B | €257 | €270 | +€13 | +4.9% |
| Recurring financial charges | 65 | €257 | €270 | +€13 | +4.9% |
| Profit (loss) for the period before taxes | 9903 | €133,582 | €198,781 | +€65,199 | +48.8% |
| Income taxes | 67/77 | €28,847 | €38,601 | +€9,753 | +33.8% |
| Profit (loss) for the period | 9904 | €104,735 | €160,180 | +€55,445 | +52.9% |
| Profit (loss) for the period to be appropriated | 9905 | €104,735 | €160,180 | +€55,445 | +52.9% |
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 28 October 2026 via checked.be.