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BYTERIDER: 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

BYTERIDER

BE 0774.334.469
NACE 62.200, Computer consultancy and computer facilities management
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€54,346
2023 · €20,772+€33,574
Equity
€107,291
2023 · €52,945+€54,346
Cash
€31,364
2023 · €24,678+€6,686
Balance sheet total
€129,934
2023 · €79,587+€50,346

Largest movements

2023 to 2024
Assets
  • Receivables after one year +€25,000

    up €25,000 (+83.3%), from €30,000 to €55,000

    of which Other amounts receivable: +€55,000

  • Receivables within one year +€14,718

    up €14,718 (+69065.6%), from €21 to €14,739

    of which Trade receivables: +€14,327

  • Cash +€6,686

    up €6,686 (+27.1%), from €24,678 to €31,364

    mainly Net result for the year (+€54,346) and Depreciation (+€7,441)

  • Tangible fixed assets +€3,755

    up €3,755 (+15.5%), from €24,148 to €27,902

Equity and liabilities
  • Reserves +€54,346

    up €54,346 (+106.7%), from €50,945 to €105,291

  • Short-term financial debts +€2,760

    new in 2024: €2,760

  • Debts after one year -€2,508

    down €2,508 (-39.6%), from €6,339 to €3,832

  • Tax, wage and social debts -€2,362

    down €2,362 (-18.7%), from €12,623 to €10,261

Income statement
  • Gross operating margin +€42,267

    up €42,267 (+117.1%), from €36,106 to €78,373

  • Taxes +€8,348

    up €8,348 (+150.0%), from €5,567 to €13,915

  • Depreciation +€2,328

    up €2,328 (+45.5%), from €5,113 to €7,441

  • Other operating charges -€1,711

    down €1,711 (-62.2%), from €2,750 to €1,039

From the 2023 result to the 2024 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 2023 €20,772
Gross operating margin +€42,267
Depreciation -€2,328
Other operating charges +€1,711
Financial income +€17
Financial charges +€255
Taxes -€8,348
Result 2024 €54,346

Cash bridge derived

cash 2023 to 2024

Derived from the 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.

From operations +€17,476
Investment -€11,196
Financing +€405
Cash 2023 €24,678
Net result for the year +€54,346
Depreciation +€7,441
Receivables after one year -€25,000
Receivables within one year -€14,718
Deferred charges and accrued income -€188
Trade debts -€871
Tax, wage and social debts -€2,362
Other debts -€1,172
Investment in fixed assets (net) -€11,196
Debts after one year -€2,508
Current portion of long-term debt +€153
Short-term financial debts +€2,760
Cash 2024 €31,364
Every line side by side 42 lines
Line Code 2023 2024 Change %
Total assets 20/58 €79,587 €129,934 +€50,346 +63.3%
Fixed assets 21/28 €24,148 €27,902 +€3,755 +15.5%
Tangible fixed assets 22/27 €24,148 €27,902 +€3,755 +15.5%
Furniture and vehicles 24 €24,148 €27,902 +€3,755 +15.5%
Current assets 29/58 €55,440 €102,031 +€46,592 +84.0%
Amounts receivable after more than one year 29 €30,000 €55,000 +€25,000 +83.3%
Trade receivables 290 €30,000 €0 -€30,000 -100.0%
Other amounts receivable 291 - €55,000 +€55,000
Amounts receivable within one year 40/41 €21 €14,739 +€14,718 +69065.6%
Trade receivables 40 - €14,327 +€14,327
Other amounts receivable 41 €21 €413 +€391 +1836.4%
Cash at bank and in hand 54/58 €24,678 €31,364 +€6,686 +27.1%
Deferred charges and accrued income 490/1 €740 €928 +€188 +25.4%
Total equity and liabilities 10/49 €79,587 €129,934 +€50,346 +63.3%
Equity 10/15 €52,945 €107,291 +€54,346 +102.6%
Contributions 10/11 €2,000 €2,000 = 0.0%
Reserves 13 €50,945 €105,291 +€54,346 +106.7%
Distributable reserves 133 €50,945 €105,291 +€54,346 +106.7%
Amounts payable 17/49 €26,642 €22,643 -€4,000 -15.0%
Amounts payable after more than one year 17 €6,339 €3,832 -€2,508 -39.6%
Financial debts 170/4 €6,339 €3,832 -€2,508 -39.6%
Amounts payable within one year 42/48 €20,303 €18,811 -€1,492 -7.3%
Current portion of amounts payable after more than one year 42 €2,355 €2,508 +€153 +6.5%
Financial debts 43 - €2,760 +€2,760
Credit institutions 430/8 - €2,760 +€2,760
Trade debts 44 €3,348 €2,476 -€871 -26.0%
Suppliers 440/4 €3,348 €2,476 -€871 -26.0%
Taxes, remuneration and social security 45 €12,623 €10,261 -€2,362 -18.7%
Taxes 450/3 €12,623 €10,261 -€2,362 -18.7%
Other amounts payable 47/48 €1,978 €806 -€1,172 -59.3%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €5,113 €7,441 +€2,328 +45.5%
Other operating charges 640/8 €2,750 €1,039 -€1,711 -62.2%
Gross operating margin 9900 €36,106 €78,373 +€42,267 +117.1%
Operating profit (loss) 9901 €28,243 €69,893 +€41,650 +147.5%
Financial income 75/76B €8 €25 +€17 +232.1%
Recurring financial income 75 €8 €25 +€17 +232.1%
Financial charges 65/66B €1,911 €1,656 -€255 -13.4%
Recurring financial charges 65 €1,911 €1,656 -€255 -13.4%
Profit (loss) for the period before taxes 9903 €26,339 €68,261 +€41,922 +159.2%
Income taxes 67/77 €5,567 €13,915 +€8,348 +150.0%
Profit (loss) for the period 9904 €20,772 €54,346 +€33,574 +161.6%
Profit (loss) for the period to be appropriated 9905 €20,772 €54,346 +€33,574 +161.6%

Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.