BYTEWORKS: 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.
BYTEWORKS
Largest movements
- Cash +€82,755
up €82,755 (+150.0%), from €55,153 to €137,908
mainly Net result for the year (+€56,857) and Tax, wage and social debts (+€14,269)
- Receivables after one year +€15,245
up €15,245 (+6.7%), from €227,631 to €242,876
- Tangible fixed assets -€13,832
down €13,832 (-28.4%), from €48,775 to €34,942
- Reserves +€56,857
up €56,857 (+19.7%), from €288,783 to €345,640
- Tax, wage and social debts +€14,269
up €14,269 (+139.5%), from €10,229 to €24,498
of which Taxes: +€12,771
- Contributions +€12,350
up €12,350 (+199.2%), from €6,200 to €18,550
- Gross operating margin -€3,732
down €3,732 (-4.0%), from €94,407 to €90,675
- Financial income +€1,940
up €1,940 (+23.1%), from €8,406 to €10,347
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 | €343,654 | €429,668 | +€86,014 | +25.0% |
| Fixed assets | 21/28 | €48,775 | €34,942 | -€13,832 | -28.4% |
| Tangible fixed assets | 22/27 | €48,775 | €34,942 | -€13,832 | -28.4% |
| Furniture and vehicles | 24 | €48,775 | €34,942 | -€13,832 | -28.4% |
| Current assets | 29/58 | €294,879 | €394,725 | +€99,846 | +33.9% |
| Amounts receivable after more than one year | 29 | €227,631 | €242,876 | +€15,245 | +6.7% |
| Other amounts receivable | 291 | €227,631 | €242,876 | +€15,245 | +6.7% |
| Amounts receivable within one year | 40/41 | €10,516 | €12,637 | +€2,121 | +20.2% |
| Trade receivables | 40 | €10,516 | €12,637 | +€2,121 | +20.2% |
| Cash at bank and in hand | 54/58 | €55,153 | €137,908 | +€82,755 | +150.0% |
| Deferred charges and accrued income | 490/1 | €1,580 | €1,305 | -€275 | -17.4% |
| Total equity and liabilities | 10/49 | €343,654 | €429,668 | +€86,014 | +25.0% |
| Equity | 10/15 | €294,983 | €364,190 | +€69,207 | +23.5% |
| Contributions | 10/11 | €6,200 | €18,550 | +€12,350 | +199.2% |
| Reserves | 13 | €288,783 | €345,640 | +€56,857 | +19.7% |
| Distributable reserves | 133 | €288,783 | €345,640 | +€56,857 | +19.7% |
| Amounts payable | 17/49 | €48,671 | €65,478 | +€16,807 | +34.5% |
| Amounts payable within one year | 42/48 | €45,818 | €62,987 | +€17,169 | +37.5% |
| Trade debts | 44 | €1,857 | €1,649 | -€208 | -11.2% |
| Suppliers | 440/4 | €1,857 | €1,649 | -€208 | -11.2% |
| Taxes, remuneration and social security | 45 | €10,229 | €24,498 | +€14,269 | +139.5% |
| Taxes | 450/3 | €10,229 | €23,000 | +€12,771 | +124.8% |
| Remuneration and social security | 454/9 | €0 | €1,499 | +€1,499 | |
| Other amounts payable | 47/48 | €33,732 | €36,840 | +€3,108 | +9.2% |
| Accrued charges and deferred income | 492/3 | €2,852 | €2,490 | -€362 | -12.7% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,793 | €13,832 | +€39 | +0.3% |
| Other operating charges | 640/8 | €790 | €818 | +€27 | +3.5% |
| Gross operating margin | 9900 | €94,407 | €90,675 | -€3,732 | -4.0% |
| Operating profit (loss) | 9901 | €79,823 | €76,025 | -€3,799 | -4.8% |
| Financial income | 75/76B | €8,406 | €10,347 | +€1,940 | +23.1% |
| Recurring financial income | 75 | €8,406 | €10,347 | +€1,940 | +23.1% |
| Financial charges | 65/66B | €2,841 | €2,550 | -€290 | -10.2% |
| Recurring financial charges | 65 | €2,841 | €2,550 | -€290 | -10.2% |
| Profit (loss) for the period before taxes | 9903 | €85,389 | €83,821 | -€1,568 | -1.8% |
| Income taxes | 67/77 | €27,429 | €26,964 | -€465 | -1.7% |
| Profit (loss) for the period | 9904 | €57,959 | €56,857 | -€1,103 | -1.9% |
| Profit (loss) for the period to be appropriated | 9905 | €57,959 | €56,857 | -€1,103 | -1.9% |
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 11 October 2026 via checked.be.