G-BITS: 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.
G-BITS
Largest movements
- Cash +€10,581
up €10,581 (+23.8%), from €44,378 to €54,959
mainly Net result for the year (+€26,947) and Depreciation (+€5,562)
- Current investments +€6,000
up €6,000 (+22.2%), from €27,000 to €33,000
- Tangible fixed assets +€1,745
up €1,745 (+9.3%), from €18,815 to €20,560
of which Plant, machinery and equipment: +€2,922
- Reserves +€19,347
up €19,347 (+23.2%), from €83,411 to €102,759
- Tax, wage and social debts -€2,423
down €2,423 (-66.7%), from €3,634 to €1,211
- Trade debts +€1,914
up €1,914 (+111%), from €1,717 to €3,631
- Financial income +€3,859
up €3,859 (+762%), from €507 to €4,365
- Taxes +€858
up €858 (+7.6%), from €11,300 to €12,159
- Depreciation +€547
up €547 (+10.9%), from €5,016 to €5,562
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 | €110,720 | €129,448 | +€18,728 | +16.9% |
| Fixed assets | 21/28 | €19,415 | €21,160 | +€1,745 | +9.0% |
| Tangible fixed assets | 22/27 | €18,815 | €20,560 | +€1,745 | +9.3% |
| Plant, machinery and equipment | 23 | €14,189 | €17,111 | +€2,922 | +20.6% |
| Furniture and vehicles | 24 | €4,626 | €3,448 | -€1,178 | -25.5% |
| Financial fixed assets | 28 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €91,305 | €108,288 | +€16,983 | +18.6% |
| Amounts receivable within one year | 40/41 | €17,503 | €17,892 | +€389 | +2.2% |
| Trade receivables | 40 | €17,152 | €17,414 | +€263 | +1.5% |
| Other amounts receivable | 41 | €352 | €478 | +€126 | +36.0% |
| Current investments | 50/53 | €27,000 | €33,000 | +€6,000 | +22.2% |
| Cash at bank and in hand | 54/58 | €44,378 | €54,959 | +€10,581 | +23.8% |
| Deferred charges and accrued income | 490/1 | €2,424 | €2,437 | +€13 | +0.5% |
| Total equity and liabilities | 10/49 | €110,720 | €129,448 | +€18,728 | +16.9% |
| Equity | 10/15 | €105,258 | €124,606 | +€19,347 | +18.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €83,411 | €102,759 | +€19,347 | +23.2% |
| Distributable reserves | 133 | €83,411 | €102,759 | +€19,347 | +23.2% |
| Profit (loss) carried forward | 14 | €15,647 | €15,647 | = | 0.0% |
| Amounts payable | 17/49 | €5,462 | €4,842 | -€620 | -11.3% |
| Amounts payable within one year | 42/48 | €5,462 | €4,842 | -€620 | -11.3% |
| Trade debts | 44 | €1,717 | €3,631 | +€1,914 | +111% |
| Suppliers | 440/4 | €1,717 | €3,631 | +€1,914 | +111% |
| Taxes, remuneration and social security | 45 | €3,634 | €1,211 | -€2,423 | -66.7% |
| Taxes | 450/3 | €3,634 | €1,211 | -€2,423 | -66.7% |
| Other amounts payable | 47/48 | €110 | - | -€110 | |
| Non-recurring operating income | 76A | - | €5 | +€5 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,016 | €5,562 | +€547 | +10.9% |
| Other operating charges | 640/8 | €2,503 | €2,825 | +€321 | +12.8% |
| Gross operating margin | 9900 | €43,755 | €43,898 | +€143 | +0.3% |
| Operating profit (loss) | 9901 | €36,236 | €35,511 | -€725 | -2.0% |
| Financial income | 75/76B | €507 | €4,365 | +€3,859 | +762% |
| Recurring financial income | 75 | €507 | €4,365 | +€3,859 | +762% |
| Financial charges | 65/66B | €1,054 | €771 | -€282 | -26.8% |
| Recurring financial charges | 65 | €1,054 | €771 | -€282 | -26.8% |
| Profit (loss) for the period before taxes | 9903 | €35,689 | €39,105 | +€3,416 | +9.6% |
| Income taxes | 67/77 | €11,300 | €12,159 | +€858 | +7.6% |
| Profit (loss) for the period | 9904 | €24,389 | €26,947 | +€2,558 | +10.5% |
| Profit (loss) for the period to be appropriated | 9905 | €24,389 | €26,947 | +€2,558 | +10.5% |
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 15 October 2026 via checked.be.