Bytes and Volts: 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.
Bytes and Volts
Largest movements
- Cash +€40,914
up €40,914 (+30.2%), from €135,426 to €176,340
mainly Net result for the year (+€33,011) and Depreciation (+€5,586)
- Tangible fixed assets +€3,480
up €3,480 (+46.1%), from €7,558 to €11,038
of which Furniture and vehicles: +€2,977
- Receivables after one year -€2,929
down €2,929 (-100%), from €2,929 to €0
- Reserves +€33,011
up €33,011 (+28.3%), from €116,700 to €149,711
- Tax, wage and social debts +€3,693
up €3,693 (+624%), from €592 to €4,285
- Depreciation +€2,168
up €2,168 (+63.4%), from €3,418 to €5,586
- Gross operating margin -€2,041
down €2,041 (-3.8%), from €53,639 to €51,598
- Taxes -€1,079
down €1,079 (-7.6%), from €14,144 to €13,066
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 | €192,627 | €231,855 | +€39,228 | +20.4% |
| Fixed assets | 21/28 | €7,808 | €11,288 | +€3,480 | +44.6% |
| Tangible fixed assets | 22/27 | €7,558 | €11,038 | +€3,480 | +46.1% |
| Plant, machinery and equipment | 23 | €3,723 | €4,227 | +€504 | +13.5% |
| Furniture and vehicles | 24 | €3,835 | €6,811 | +€2,977 | +77.6% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €184,819 | €220,567 | +€35,748 | +19.3% |
| Amounts receivable after more than one year | 29 | €2,929 | €0 | -€2,929 | -100% |
| Other amounts receivable | 291 | €2,929 | €0 | -€2,929 | -100% |
| Amounts receivable within one year | 40/41 | €34,973 | €33,151 | -€1,822 | -5.2% |
| Trade receivables | 40 | €19,736 | €28,165 | +€8,429 | +42.7% |
| Other amounts receivable | 41 | €15,238 | €4,986 | -€10,252 | -67.3% |
| Current investments | 50/53 | €9,128 | €10,036 | +€908 | +9.9% |
| Cash at bank and in hand | 54/58 | €135,426 | €176,340 | +€40,914 | +30.2% |
| Deferred charges and accrued income | 490/1 | €2,363 | €1,040 | -€1,323 | -56.0% |
| Total equity and liabilities | 10/49 | €192,627 | €231,855 | +€39,228 | +20.4% |
| Equity | 10/15 | €188,638 | €221,649 | +€33,011 | +17.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €116,700 | €149,711 | +€33,011 | +28.3% |
| Distributable reserves | 133 | €116,700 | €149,711 | +€33,011 | +28.3% |
| Profit (loss) carried forward | 14 | €53,338 | €53,338 | = | 0.0% |
| Amounts payable | 17/49 | €3,989 | €10,206 | +€6,217 | +156% |
| Amounts payable within one year | 42/48 | €3,989 | €8,735 | +€4,746 | +119% |
| Current portion of amounts payable after more than one year | 42 | €228 | €0 | -€228 | -100% |
| Financial debts | 43 | - | €3 | +€3 | |
| Credit institutions | 430/8 | - | €3 | +€3 | |
| Trade debts | 44 | €941 | €2,072 | +€1,131 | +120% |
| Suppliers | 440/4 | €941 | €2,072 | +€1,131 | +120% |
| Taxes, remuneration and social security | 45 | €592 | €4,285 | +€3,693 | +624% |
| Taxes | 450/3 | €592 | €4,285 | +€3,693 | +624% |
| Other amounts payable | 47/48 | €2,228 | €2,375 | +€147 | +6.6% |
| Accrued charges and deferred income | 492/3 | - | €1,471 | +€1,471 | |
| Non-recurring operating income | 76A | €1,213 | €803 | -€410 | -33.8% |
| Remuneration, social security and pensions | 62 | €58 | €129 | +€71 | +121% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,418 | €5,586 | +€2,168 | +63.4% |
| Other operating charges | 640/8 | €682 | €703 | +€21 | +3.1% |
| Gross operating margin | 9900 | €53,639 | €51,598 | -€2,041 | -3.8% |
| Operating profit (loss) | 9901 | €49,481 | €45,180 | -€4,301 | -8.7% |
| Financial income | 75/76B | €1,725 | €1,408 | -€317 | -18.4% |
| Recurring financial income | 75 | €1,725 | €1,408 | -€317 | -18.4% |
| Financial charges | 65/66B | €290 | €512 | +€221 | +76.1% |
| Recurring financial charges | 65 | €290 | €512 | +€221 | +76.1% |
| Profit (loss) for the period before taxes | 9903 | €50,916 | €46,077 | -€4,839 | -9.5% |
| Income taxes | 67/77 | €14,144 | €13,066 | -€1,079 | -7.6% |
| Profit (loss) for the period | 9904 | €36,771 | €33,011 | -€3,760 | -10.2% |
| Profit (loss) for the period to be appropriated | 9905 | €36,771 | €33,011 | -€3,760 | -10.2% |
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 23 October 2026 via checked.be.