BYTTEBIER: 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.
BYTTEBIER
Largest movements
- Cash +€105,041
up €105,041 (+151.5%), from €69,314 to €174,356
mainly Trade debts (+€155,111) and Net result for the year (+€152,701)
- Stocks and contracts +€59,315
up €59,315 (+20.7%), from €286,050 to €345,365
- Receivables within one year -€57,575
down €57,575 (-63.5%), from €90,663 to €33,088
of which Trade receivables: -€77,459
- Tangible fixed assets -€20,460
down €20,460 (-4.3%), from €470,520 to €450,060
of which Land and buildings: -€12,869
- Trade debts +€155,111
up €155,111 (+391.8%), from €39,585 to €194,695
- Other debts -€132,904
no longer reported in 2025 (was €132,904)
- Reserves +€42,683
up €42,683 (+7.2%), from €591,548 to €634,230
of which Tax-exempt reserves: +€41,152
- Provisions +€13,717
up €13,717 (+53.8%), from €25,485 to €39,203
- Gross operating margin +€163,425
up €163,425 (+74.9%), from €218,168 to €381,592
- Taxes +€21,028
up €21,028 (+89.0%), from €23,618 to €44,646
- Depreciation +€10,283
up €10,283 (+7.9%), from €130,927 to €141,210
- Financial income -€6,106
down €6,106 (-85.5%), from €7,140 to €1,034
- Staff costs -€4,720
down €4,720 (-28.9%), from €16,319 to €11,600
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 | €917,087 | €1,003,412 | +€86,325 | +9.4% |
| Fixed assets | 21/28 | €470,520 | €450,060 | -€20,460 | -4.3% |
| Tangible fixed assets | 22/27 | €470,520 | €450,060 | -€20,460 | -4.3% |
| Land and buildings | 22 | €141,293 | €128,424 | -€12,869 | -9.1% |
| Plant, machinery and equipment | 23 | €2,702 | €2,154 | -€548 | -20.3% |
| Furniture and vehicles | 24 | €326,525 | €319,483 | -€7,042 | -2.2% |
| Current assets | 29/58 | €446,567 | €553,352 | +€106,785 | +23.9% |
| Stocks and contracts in progress | 3 | €286,050 | €345,365 | +€59,315 | +20.7% |
| Stocks | 30/36 | €286,050 | €345,365 | +€59,315 | +20.7% |
| Amounts receivable within one year | 40/41 | €90,663 | €33,088 | -€57,575 | -63.5% |
| Trade receivables | 40 | €80,649 | €3,190 | -€77,459 | -96.0% |
| Other amounts receivable | 41 | €10,013 | €29,898 | +€19,884 | +198.6% |
| Cash at bank and in hand | 54/58 | €69,314 | €174,356 | +€105,041 | +151.5% |
| Deferred charges and accrued income | 490/1 | €540 | €544 | +€4 | +0.7% |
| Total equity and liabilities | 10/49 | €917,087 | €1,003,412 | +€86,325 | +9.4% |
| Equity | 10/15 | €716,021 | €758,704 | +€42,683 | +6.0% |
| Contributions | 10/11 | €124,473 | €124,473 | = | 0.0% |
| Capital | 10 | €124,473 | €124,473 | = | 0.0% |
| Issued capital | 100 | €124,473 | €124,473 | = | 0.0% |
| Reserves | 13 | €591,548 | €634,230 | +€42,683 | +7.2% |
| Non-distributable reserves | 130/1 | €23,166 | €23,166 | = | 0.0% |
| Legal reserve | 130 | €23,166 | €23,166 | = | 0.0% |
| Tax-exempt reserves | 132 | €76,456 | €117,608 | +€41,152 | +53.8% |
| Distributable reserves | 133 | €491,926 | €493,456 | +€1,531 | +0.3% |
| Provisions and deferred taxes | 16 | €25,485 | €39,203 | +€13,717 | +53.8% |
| Deferred taxes | 168 | €25,485 | €39,203 | +€13,717 | +53.8% |
| Amounts payable | 17/49 | €175,581 | €205,506 | +€29,926 | +17.0% |
| Amounts payable within one year | 42/48 | €175,340 | €205,506 | +€30,166 | +17.2% |
| Trade debts | 44 | €39,585 | €194,695 | +€155,111 | +391.8% |
| Suppliers | 440/4 | €39,585 | €194,695 | +€155,111 | +391.8% |
| Taxes, remuneration and social security | 45 | €2,851 | €10,811 | +€7,960 | +279.2% |
| Taxes | 450/3 | €2,851 | €10,811 | +€7,960 | +279.2% |
| Other amounts payable | 47/48 | €132,904 | - | -€132,904 | |
| Accrued charges and deferred income | 492/3 | €241 | - | -€241 | |
| Non-recurring operating income | 76A | - | €92,500 | +€92,500 | |
| Remuneration, social security and pensions | 62 | €16,319 | €11,600 | -€4,720 | -28.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €130,927 | €141,210 | +€10,283 | +7.9% |
| Other operating charges | 640/8 | €17,237 | €18,510 | +€1,273 | +7.4% |
| Non-recurring operating charges | 66A | €2,980 | - | -€2,980 | |
| Gross operating margin | 9900 | €218,168 | €381,592 | +€163,425 | +74.9% |
| Operating profit (loss) | 9901 | €50,705 | €210,273 | +€159,568 | +314.7% |
| Financial income | 75/76B | €7,140 | €1,034 | -€6,106 | -85.5% |
| Recurring financial income | 75 | €7,140 | €1,034 | -€6,106 | -85.5% |
| Financial charges | 65/66B | €25 | €243 | +€218 | +876.3% |
| Recurring financial charges | 65 | €25 | €243 | +€218 | +876.3% |
| Profit (loss) for the period before taxes | 9903 | €57,820 | €211,064 | +€153,244 | +265.0% |
| Transfer from deferred taxes | 780 | €7,256 | €9,408 | +€2,152 | +29.7% |
| Transfer to deferred taxes | 680 | - | €23,125 | +€23,125 | |
| Income taxes | 67/77 | €23,618 | €44,646 | +€21,028 | +89.0% |
| Profit (loss) for the period | 9904 | €41,459 | €152,701 | +€111,242 | +268.3% |
| Transfer from tax-exempt reserves | 789 | €21,768 | €28,223 | +€6,455 | +29.7% |
| Transfer to tax-exempt reserves | 689 | - | €69,375 | +€69,375 | |
| Profit (loss) for the period to be appropriated | 9905 | €63,227 | €111,549 | +€48,322 | +76.4% |
Source: filed annual accounts (NBB), financial years ended 30 November 2024 and 30 November 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.