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BYTE - FACTORY: 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.

What changed

BYTE - FACTORY

BE 0471.712.384
NACE 62.100, Computer programming
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€2,834
2024 · €12,568-€15,402
Equity
€1.0m
2024 · €1.0m-€4,794
Cash
€1.2m
2024 · €1.3m-€57,659
Balance sheet total
€1.6m
2024 · €1.4m+€214,754

Largest movements

2024 to 2025
Assets
  • Deferred charges and accrued income +€272,375

    up €272,375 (+5663.1%), from €4,810 to €277,185

  • Cash -€57,659

    down €57,659 (-4.4%), from €1.3m to €1.2m

    mainly Deferred charges and accrued income (-€272,375) and Short-term financial debts (-€27,173)

Equity and liabilities
  • Trade debts +€217,890

    up €217,890 (+1448.1%), from €15,046 to €232,936

  • Tax, wage and social debts +€35,543

    up €35,543 (+101.9%), from €34,863 to €70,406

    of which Taxes: +€36,090

  • Short-term financial debts -€27,173

    no longer reported in 2025 (was €27,173)

  • Other debts -€22,156

    down €22,156 (-8.5%), from €259,420 to €237,264

Income statement
  • Gross operating margin -€27,973

    down €27,973 (-26.0%), from €107,463 to €79,490

  • Taxes -€9,813

    no longer reported in 2025 (was €9,813)

  • Depreciation -€4,187

    down €4,187 (-66.3%), from €6,312 to €2,125

  • Financial charges +€1,125

    up €1,125 (+1.4%), from €77,958 to €79,083

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €12,568
Gross operating margin -€27,973
Depreciation +€4,187
Other operating charges -€321
Financial income +€18
Financial charges -€1,125
Taxes +€9,813
Result 2025 -€2,834

Cash bridge derived

cash 2024 to 2025

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.

From operations -€43,970
Investment €0
Financing -€13,689
Cash 2024 €1.3m
Net result for the year -€2,834
Depreciation +€2,125
Receivables within one year -€2,163
Deferred charges and accrued income -€272,375
Trade debts +€217,890
Tax, wage and social debts +€35,543
Other debts -€22,156
Current portion of long-term debt +€15,443
Short-term financial debts -€27,173
Contributions, distributions and other -€1,960
Cash 2025 €1.2m
Every line side by side 44 lines
Line Code 2024 2025 Change %
Total assets 20/58 €1,370,309 €1,585,063 +€214,754 +15.7%
Fixed assets 21/28 €20,799 €18,674 -€2,125 -10.2%
Tangible fixed assets 22/27 €20,749 €18,624 -€2,125 -10.2%
Plant, machinery and equipment 23 €20,749 €18,624 -€2,125 -10.2%
Financial fixed assets 28 €50 €50 = 0.0%
Current assets 29/58 €1,349,511 €1,566,389 +€216,878 +16.1%
Amounts receivable within one year 40/41 €41,350 €43,513 +€2,163 +5.2%
Trade receivables 40 €13,885 €18,513 +€4,628 +33.3%
Other amounts receivable 41 €27,466 €25,000 -€2,466 -9.0%
Cash at bank and in hand 54/58 €1,303,351 €1,245,691 -€57,659 -4.4%
Deferred charges and accrued income 490/1 €4,810 €277,185 +€272,375 +5663.1%
Total equity and liabilities 10/49 €1,370,309 €1,585,063 +€214,754 +15.7%
Equity 10/15 €1,033,807 €1,029,013 -€4,794 -0.5%
Contributions 10/11 €421,679 €421,679 = 0.0%
Capital 10 €421,679 €421,679 = 0.0%
Issued capital 100 €421,679 €421,679 = 0.0%
Reserves 13 €312,167 €312,167 = 0.0%
Non-distributable reserves 130/1 €42,167 €42,167 = 0.0%
Legal reserve 130 €42,167 €42,167 = 0.0%
Distributable reserves 133 €270,000 €270,000 = 0.0%
Profit (loss) carried forward 14 €299,961 €295,167 -€4,794 -1.6%
Amounts payable 17/49 €336,502 €556,050 +€219,547 +65.2%
Amounts payable within one year 42/48 €336,502 €556,050 +€219,547 +65.2%
Current portion of amounts payable after more than one year 42 - €15,443 +€15,443
Financial debts 43 €27,173 - -€27,173
Credit institutions 430/8 €27,173 - -€27,173
Trade debts 44 €15,046 €232,936 +€217,890 +1448.1%
Suppliers 440/4 €15,046 €232,936 +€217,890 +1448.1%
Taxes, remuneration and social security 45 €34,863 €70,406 +€35,543 +101.9%
Taxes 450/3 €34,316 €70,406 +€36,090 +105.2%
Remuneration and social security 454/9 €547 - -€547
Other amounts payable 47/48 €259,420 €237,264 -€22,156 -8.5%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €6,312 €2,125 -€4,187 -66.3%
Other operating charges 640/8 €813 €1,134 +€321 +39.5%
Gross operating margin 9900 €107,463 €79,490 -€27,973 -26.0%
Operating profit (loss) 9901 €100,339 €76,232 -€24,107 -24.0%
Financial income 75/76B - €18 +€18
Recurring financial income 75 - €18 +€18
Financial charges 65/66B €77,958 €79,083 +€1,125 +1.4%
Recurring financial charges 65 €77,958 €79,083 +€1,125 +1.4%
Profit (loss) for the period before taxes 9903 €22,381 -€2,834 -€25,215
Income taxes 67/77 €9,813 - -€9,813
Profit (loss) for the period 9904 €12,568 -€2,834 -€15,402
Profit (loss) for the period to be appropriated 9905 €12,568 -€2,834 -€15,402

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 30 September 2026 via checked.be.