Bytes & Brushes: 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.
Bytes & Brushes
Largest movements
- Tangible fixed assets -€3,640
down €3,640 (-18.2%), from €19,952 to €16,313
of which Other tangible fixed assets: -€2,018
- Cash +€1,739
up €1,739 (+11.9%), from €14,615 to €16,354
mainly Net result for the year (+€18,614) and Short-term financial debts (+€7,460)
- Receivables within one year +€1,513
up €1,513 (+20.1%), from €7,527 to €9,040
of which Trade receivables: +€3,372
- Deferred charges and accrued income +€757
up €757 (+82.8%), from €914 to €1,670
- Short-term financial debts +€7,460
up €7,460 (+4509.1%), from €165 to €7,626
of which Credit institutions: +€6,261
- Debts after one year -€4,641
down €4,641 (-74.6%), from €6,218 to €1,577
- Tax, wage and social debts -€4,280
down €4,280 (-46.1%), from €9,282 to €5,002
- Reserves +€3,614
up €3,614 (+19.8%), from €18,284 to €21,897
- Current portion of long-term debt -€1,796
down €1,796 (-33.1%), from €5,422 to €3,627
- Gross operating margin +€11,936
up €11,936 (+51.2%), from €23,329 to €35,265
- Taxes +€3,706
up €3,706 (+89.6%), from €4,138 to €7,844
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 | €43,008 | €43,376 | +€369 | +0.9% |
| Fixed assets | 21/28 | €19,952 | €16,313 | -€3,640 | -18.2% |
| Tangible fixed assets | 22/27 | €19,952 | €16,313 | -€3,640 | -18.2% |
| Plant, machinery and equipment | 23 | €2,239 | €1,998 | -€241 | -10.8% |
| Furniture and vehicles | 24 | €2,784 | €1,402 | -€1,381 | -49.6% |
| Other tangible fixed assets | 26 | €14,930 | €12,912 | -€2,018 | -13.5% |
| Current assets | 29/58 | €23,055 | €27,064 | +€4,009 | +17.4% |
| Amounts receivable within one year | 40/41 | €7,527 | €9,040 | +€1,513 | +20.1% |
| Trade receivables | 40 | €5,442 | €8,814 | +€3,372 | +62.0% |
| Other amounts receivable | 41 | €2,085 | €226 | -€1,858 | -89.1% |
| Cash at bank and in hand | 54/58 | €14,615 | €16,354 | +€1,739 | +11.9% |
| Deferred charges and accrued income | 490/1 | €914 | €1,670 | +€757 | +82.8% |
| Total equity and liabilities | 10/49 | €43,008 | €43,376 | +€369 | +0.9% |
| Equity | 10/15 | €19,784 | €23,397 | +€3,614 | +18.3% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €18,284 | €21,897 | +€3,614 | +19.8% |
| Distributable reserves | 133 | €18,284 | €21,897 | +€3,614 | +19.8% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €23,224 | €19,979 | -€3,245 | -14.0% |
| Amounts payable after more than one year | 17 | €6,218 | €1,577 | -€4,641 | -74.6% |
| Financial debts | 170/4 | €6,218 | €1,577 | -€4,641 | -74.6% |
| Amounts payable within one year | 42/48 | €17,005 | €18,402 | +€1,396 | +8.2% |
| Current portion of amounts payable after more than one year | 42 | €5,422 | €3,627 | -€1,796 | -33.1% |
| Financial debts | 43 | €165 | €7,626 | +€7,460 | +4509.1% |
| Credit institutions | 430/8 | €0 | €6,261 | +€6,261 | |
| Other loans | 439 | €165 | €1,365 | +€1,199 | +724.9% |
| Trade debts | 44 | €2,136 | €2,148 | +€12 | +0.5% |
| Suppliers | 440/4 | €2,136 | €2,148 | +€12 | +0.5% |
| Taxes, remuneration and social security | 45 | €9,282 | €5,002 | -€4,280 | -46.1% |
| Taxes | 450/3 | €9,282 | €5,002 | -€4,280 | -46.1% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,528 | €3,640 | +€112 | +3.2% |
| Other operating charges | 640/8 | €1,013 | €1,039 | +€26 | +2.5% |
| Non-recurring operating charges | 66A | €2,091 | €0 | -€2,091 | -100.0% |
| Gross operating margin | 9900 | €23,329 | €35,265 | +€11,936 | +51.2% |
| Operating profit (loss) | 9901 | €16,697 | €30,586 | +€13,889 | +83.2% |
| Financial income | 75/76B | €64 | €12 | -€52 | -81.1% |
| Recurring financial income | 75 | €64 | €12 | -€52 | -81.1% |
| Financial charges | 65/66B | €4,299 | €4,141 | -€158 | -3.7% |
| Recurring financial charges | 65 | €4,299 | €4,141 | -€158 | -3.7% |
| Profit (loss) for the period before taxes | 9903 | €12,462 | €26,457 | +€13,995 | +112.3% |
| Income taxes | 67/77 | €4,138 | €7,844 | +€3,706 | +89.6% |
| Profit (loss) for the period | 9904 | €8,324 | €18,614 | +€10,290 | +123.6% |
| Profit (loss) for the period to be appropriated | 9905 | €8,324 | €18,614 | +€10,290 | +123.6% |
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 6 October 2026 via checked.be.