BYTE: 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.
BYTE
Largest movements
- Cash +€91,212
up €91,212 (+56.8%), from €160,536 to €251,748
mainly Net result for the year (+€59,177) and Other debts (+€12,127)
- Receivables within one year -€7,288
down €7,288 (-82.4%), from €8,845 to €1,557
of which Trade receivables: -€6,594
- Tangible fixed assets -€5,134
down €5,134 (-13.1%), from €39,081 to €33,948
of which Land and buildings: -€2,654
- Reserves +€59,000
up €59,000 (+58.0%), from €101,660 to €160,660
- Other debts +€12,127
up €12,127 (+16.5%), from €73,564 to €85,691
- Tax, wage and social debts +€8,456
up €8,456 (+199.4%), from €4,241 to €12,697
of which Taxes: +€9,323
- Other operating charges -€23,139
down €23,139 (-76.9%), from €30,074 to €6,935
- Financial charges +€6,757
up €6,757 (+211.9%), from €3,189 to €9,946
- Taxes +€2,519
up €2,519 (+12.2%), from €20,714 to €23,233
- Gross operating margin -€1,953
down €1,953 (-1.8%), from €110,212 to €108,259
- Depreciation +€1,457
up €1,457 (+19.4%), from €7,527 to €8,984
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 | €211,015 | €288,069 | +€77,055 | +36.5% |
| Fixed assets | 21/28 | €39,081 | €33,948 | -€5,134 | -13.1% |
| Tangible fixed assets | 22/27 | €39,081 | €33,948 | -€5,134 | -13.1% |
| Land and buildings | 22 | €23,245 | €20,591 | -€2,654 | -11.4% |
| Plant, machinery and equipment | 23 | €14,469 | €12,479 | -€1,990 | -13.8% |
| Furniture and vehicles | 24 | €1,368 | €878 | -€490 | -35.8% |
| Current assets | 29/58 | €171,933 | €254,122 | +€82,189 | +47.8% |
| Amounts receivable within one year | 40/41 | €8,845 | €1,557 | -€7,288 | -82.4% |
| Trade receivables | 40 | €8,151 | €1,557 | -€6,594 | -80.9% |
| Other amounts receivable | 41 | €694 | - | -€694 | |
| Cash at bank and in hand | 54/58 | €160,536 | €251,748 | +€91,212 | +56.8% |
| Deferred charges and accrued income | 490/1 | €2,553 | €817 | -€1,736 | -68.0% |
| Total equity and liabilities | 10/49 | €211,015 | €288,069 | +€77,055 | +36.5% |
| Equity | 10/15 | €126,271 | €185,448 | +€59,177 | +46.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €101,660 | €160,660 | +€59,000 | +58.0% |
| Distributable reserves | 133 | €101,660 | €160,660 | +€59,000 | +58.0% |
| Profit (loss) carried forward | 14 | €6,011 | €6,188 | +€177 | +2.9% |
| Amounts payable | 17/49 | €84,743 | €102,621 | +€17,878 | +21.1% |
| Amounts payable within one year | 42/48 | €81,814 | €101,368 | +€19,554 | +23.9% |
| Trade debts | 44 | €1,359 | €2,980 | +€1,621 | +119.3% |
| Suppliers | 440/4 | €1,359 | €2,980 | +€1,621 | +119.3% |
| Advances received on contracts in progress | 46 | €2,650 | - | -€2,650 | |
| Taxes, remuneration and social security | 45 | €4,241 | €12,697 | +€8,456 | +199.4% |
| Taxes | 450/3 | €1,274 | €10,597 | +€9,323 | +731.8% |
| Remuneration and social security | 454/9 | €2,967 | €2,100 | -€867 | -29.2% |
| Other amounts payable | 47/48 | €73,564 | €85,691 | +€12,127 | +16.5% |
| Accrued charges and deferred income | 492/3 | €2,929 | €1,253 | -€1,676 | -57.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,527 | €8,984 | +€1,457 | +19.4% |
| Other operating charges | 640/8 | €30,074 | €6,935 | -€23,139 | -76.9% |
| Gross operating margin | 9900 | €110,212 | €108,259 | -€1,953 | -1.8% |
| Operating profit (loss) | 9901 | €72,611 | €92,340 | +€19,728 | +27.2% |
| Financial income | 75/76B | €225 | €16 | -€208 | -92.7% |
| Recurring financial income | 75 | €225 | €16 | -€208 | -92.7% |
| Financial charges | 65/66B | €3,189 | €9,946 | +€6,757 | +211.9% |
| Recurring financial charges | 65 | €3,189 | €9,946 | +€6,757 | +211.9% |
| Profit (loss) for the period before taxes | 9903 | €69,647 | €82,410 | +€12,764 | +18.3% |
| Income taxes | 67/77 | €20,714 | €23,233 | +€2,519 | +12.2% |
| Profit (loss) for the period | 9904 | €48,933 | €59,177 | +€10,245 | +20.9% |
| Profit (loss) for the period to be appropriated | 9905 | €48,933 | €59,177 | +€10,245 | +20.9% |
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 11 October 2026 via checked.be.