BYTEFLIES: 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.
BYTEFLIES
Largest movements
- Intangible fixed assets +€1.7m
up €1.7m (+36.7%), from €4.6m to €6.3m
- Cash -€360,525
down €360,525 (-78.7%), from €458,112 to €97,587
mainly Investment in fixed assets (net) (-€3.1m) and Net result for the year (-€1.3m)
- Deferred charges and accrued income +€252,856
up €252,856 (+166.2%), from €152,161 to €405,018
- Receivables within one year -€218,291
down €218,291 (-34.8%), from €627,541 to €409,250
of which Trade receivables: -€208,438
- Tangible fixed assets -€106,226
down €106,226 (-62.7%), from €169,483 to €63,257
of which Land and buildings: -€94,886
- Debts after one year +€2.2m
up €2.2m (+44.1%), from €5.1m to €7.3m
- Profit (loss) carried forward -€1.6m
down €1.6m (-546252.2%), from -€287 to -€1.6m
- Other debts +€632,877
new in 2025: €632,877
- Accrued charges and deferred income -€115,683
down €115,683 (-33.5%), from €345,719 to €230,036
- Gross operating margin +€1.2m
up €1.2m (+65.4%), from €1.9m to €3.1m
- Depreciation +€653,716
up €653,716 (+76.2%), from €858,064 to €1.5m
- Financial charges -€436,992
down €436,992 (-47.7%), from €916,961 to €479,969
- Staff costs +€224,472
up €224,472 (+10.4%), from €2.1m to €2.4m
- Other operating charges +€45,859
up €45,859 (+36822.5%), from €125 to €45,983
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 | €6,574,754 | €7,805,187 | +€1.2m | +18.7% |
| Fixed assets | 21/28 | €4,851,399 | €6,431,222 | +€1.6m | +32.6% |
| Intangible fixed assets | 21 | €4,589,914 | €6,275,962 | +€1.7m | +36.7% |
| Tangible fixed assets | 22/27 | €169,483 | €63,257 | -€106,226 | -62.7% |
| Land and buildings | 22 | €152,591 | €57,706 | -€94,886 | -62.2% |
| Furniture and vehicles | 24 | €16,891 | €5,551 | -€11,340 | -67.1% |
| Financial fixed assets | 28 | €92,003 | €92,003 | = | 0.0% |
| Current assets | 29/58 | €1,723,355 | €1,373,965 | -€349,390 | -20.3% |
| Stocks and contracts in progress | 3 | €485,541 | €462,111 | -€23,431 | -4.8% |
| Stocks | 30/36 | €485,541 | €462,111 | -€23,431 | -4.8% |
| Amounts receivable within one year | 40/41 | €627,541 | €409,250 | -€218,291 | -34.8% |
| Trade receivables | 40 | €614,104 | €405,667 | -€208,438 | -33.9% |
| Other amounts receivable | 41 | €13,436 | €3,583 | -€9,853 | -73.3% |
| Cash at bank and in hand | 54/58 | €458,112 | €97,587 | -€360,525 | -78.7% |
| Deferred charges and accrued income | 490/1 | €152,161 | €405,018 | +€252,856 | +166.2% |
| Total equity and liabilities | 10/49 | €6,574,754 | €7,805,187 | +€1.2m | +18.7% |
| Equity | 10/15 | €371,346 | -€1,194,978 | -€1.6m | |
| Contributions | 10/11 | €357,002 | €357,002 | = | 0.0% |
| Capital | 10 | €357,002 | €357,002 | = | 0.0% |
| Issued capital | 100 | €357,002 | €357,002 | = | 0.0% |
| Reserves | 13 | €14,630 | €14,630 | = | 0.0% |
| Non-distributable reserves | 130/1 | €14,630 | €14,630 | = | 0.0% |
| Legal reserve | 130 | €14,630 | €14,630 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€287 | -€1,566,610 | -€1.6m | -546252.2% |
| Amounts payable | 17/49 | €6,203,408 | €9,000,165 | +€2.8m | +45.1% |
| Amounts payable after more than one year | 17 | €5,098,121 | €7,344,455 | +€2.2m | +44.1% |
| Financial debts | 170/4 | €5,098,121 | €7,344,455 | +€2.2m | +44.1% |
| Amounts payable within one year | 42/48 | €759,568 | €1,425,673 | +€666,105 | +87.7% |
| Current portion of amounts payable after more than one year | 42 | €218,003 | €244,965 | +€26,961 | +12.4% |
| Trade debts | 44 | €333,447 | €301,590 | -€31,857 | -9.6% |
| Suppliers | 440/4 | €333,447 | €301,590 | -€31,857 | -9.6% |
| Taxes, remuneration and social security | 45 | €208,118 | €246,242 | +€38,124 | +18.3% |
| Taxes | 450/3 | €26,005 | - | -€26,005 | |
| Remuneration and social security | 454/9 | €182,113 | €246,242 | +€64,129 | +35.2% |
| Other amounts payable | 47/48 | - | €632,877 | +€632,877 | |
| Accrued charges and deferred income | 492/3 | €345,719 | €230,036 | -€115,683 | -33.5% |
| Remuneration, social security and pensions | 62 | €2,149,385 | €2,373,857 | +€224,472 | +10.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €858,064 | €1,511,780 | +€653,716 | +76.2% |
| Other operating charges | 640/8 | €125 | €45,983 | +€45,859 | +36822.5% |
| Non-recurring operating charges | 66A | €507 | - | -€507 | |
| Gross operating margin | 9900 | €1,855,632 | €3,069,226 | +€1.2m | +65.4% |
| Operating profit (loss) | 9901 | -€1,152,449 | -€862,393 | +€290,055 | +25.2% |
| Financial income | 75/76B | €3,484 | €3,035 | -€449 | -12.9% |
| Recurring financial income | 75 | €3,484 | €3,035 | -€449 | -12.9% |
| Financial charges | 65/66B | €916,961 | €479,969 | -€436,992 | -47.7% |
| Recurring financial charges | 65 | €916,961 | €479,969 | -€436,992 | -47.7% |
| Profit (loss) for the period before taxes | 9903 | -€2,065,925 | -€1,339,327 | +€726,598 | +35.2% |
| Income taxes | 67/77 | - | €991 | +€991 | |
| Profit (loss) for the period | 9904 | -€2,065,925 | -€1,340,318 | +€725,607 | +35.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,065,925 | -€1,340,318 | +€725,607 | +35.1% |
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.