BITZER BENELUX: 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.
BITZER BENELUX
Largest movements
- Cash +€56,271
up €56,271 (+33.1%), from €169,876 to €226,147
mainly Receivables within one year (+€51,327) and Net result for the year (+€7,815)
- Receivables within one year -€51,327
down €51,327 (-42.0%), from €122,072 to €70,745
of which Other amounts receivable: -€26,589
- Reserves +€7,815
up €7,815 (+6.0%), from €130,767 to €138,582
- Trade debts -€4,742
down €4,742 (-36.0%), from €13,161 to €8,420
- Tax, wage and social debts +€4,366
up €4,366 (+14.1%), from €30,957 to €35,323
of which Remuneration and social security: +€4,811
- Staff costs +€26,469
up €26,469 (+13.8%), from €191,475 to €217,944
- Gross operating margin +€18,507
up €18,507 (+8.5%), from €218,927 to €237,434
- Depreciation -€5,878
down €5,878 (-87.5%), from €6,717 to €838
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 | €294,886 | €302,325 | +€7,439 | +2.5% |
| Fixed assets | 21/28 | €2,937 | €5,432 | +€2,495 | +85.0% |
| Tangible fixed assets | 22/27 | €947 | €3,442 | +€2,495 | +264% |
| Furniture and vehicles | 24 | €947 | €3,442 | +€2,495 | +264% |
| Financial fixed assets | 28 | €1,990 | €1,990 | = | 0.0% |
| Current assets | 29/58 | €291,949 | €296,892 | +€4,944 | +1.7% |
| Amounts receivable within one year | 40/41 | €122,072 | €70,745 | -€51,327 | -42.0% |
| Trade receivables | 40 | €80,700 | €55,962 | -€24,738 | -30.7% |
| Other amounts receivable | 41 | €41,372 | €14,783 | -€26,589 | -64.3% |
| Cash at bank and in hand | 54/58 | €169,876 | €226,147 | +€56,271 | +33.1% |
| Total equity and liabilities | 10/49 | €294,886 | €302,325 | +€7,439 | +2.5% |
| Equity | 10/15 | €250,767 | €258,582 | +€7,815 | +3.1% |
| Contributions | 10/11 | €120,000 | €120,000 | = | 0.0% |
| Reserves | 13 | €130,767 | €138,582 | +€7,815 | +6.0% |
| Distributable reserves | 133 | €130,767 | €138,582 | +€7,815 | +6.0% |
| Amounts payable | 17/49 | €44,119 | €43,743 | -€376 | -0.9% |
| Amounts payable within one year | 42/48 | €44,119 | €43,743 | -€376 | -0.9% |
| Trade debts | 44 | €13,161 | €8,420 | -€4,742 | -36.0% |
| Suppliers | 440/4 | €13,161 | €8,420 | -€4,742 | -36.0% |
| Taxes, remuneration and social security | 45 | €30,957 | €35,323 | +€4,366 | +14.1% |
| Taxes | 450/3 | €445 | - | -€445 | |
| Remuneration and social security | 454/9 | €30,512 | €35,323 | +€4,811 | +15.8% |
| Remuneration, social security and pensions | 62 | €191,475 | €217,944 | +€26,469 | +13.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,717 | €838 | -€5,878 | -87.5% |
| Other operating charges | 640/8 | €1,104 | €1,161 | +€56 | +5.1% |
| Gross operating margin | 9900 | €218,927 | €237,434 | +€18,507 | +8.5% |
| Operating profit (loss) | 9901 | €19,631 | €17,491 | -€2,139 | -10.9% |
| Financial charges | 65/66B | €3,700 | €3,771 | +€71 | +1.9% |
| Recurring financial charges | 65 | €3,700 | €3,771 | +€71 | +1.9% |
| Profit (loss) for the period before taxes | 9903 | €15,931 | €13,720 | -€2,211 | -13.9% |
| Income taxes | 67/77 | €7,117 | €5,905 | -€1,212 | -17.0% |
| Profit (loss) for the period | 9904 | €8,813 | €7,815 | -€999 | -11.3% |
| Profit (loss) for the period to be appropriated | 9905 | €8,813 | €7,815 | -€999 | -11.3% |
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 20 October 2026 via checked.be.