BITO SYSTEMS: 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.
What changed
BITO SYSTEMS
NACE 46.900, Non-specialised wholesale trade
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€208,288
2024 · €257,518-€49,229
Equity
€7.5m
2024 · €7.3m+€149,288
Cash
€2.2m
2024 · €2.4m-€244,499
Balance sheet total
€10.6m
2024 · €8.7m+€1.9m
Largest movements
Assets
- Stocks and contracts +€1.7m
up €1.7m (+590%), from €284,582 to €2.0m
- Receivables within one year +€784,944
up €784,944 (+26.0%), from €3.0m to €3.8m
of which Trade receivables: +€828,359
- Financial fixed assets -€275,000
down €275,000 (-11.1%), from €2.5m to €2.2m
- Cash -€244,499
down €244,499 (-10.2%), from €2.4m to €2.2m
mainly Stocks and contracts (-€1.7m) and Receivables within one year (-€784,944)
Equity and liabilities
- Advances received +€1.4m
up €1.4m (+584%), from €233,314 to €1.6m
- Trade debts +€349,287
up €349,287 (+39.5%), from €884,252 to €1.2m
- Reserves +€149,288
up €149,288 (+10.0%), from €1.5m to €1.6m
of which Distributable reserves: +€138,874
Income statement
- Turnover -€1.5m
down €1.5m (-10.5%), from €14.6m to €13.0m
- Goods and materials +€1.2m
up €1.2m (+11.2%), from €10.7m to €11.9m
- Services and other goods +€148,233
up €148,233 (+14.4%), from €1.0m to €1.2m
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.
Result 2024
€257,518
Turnover
-€1.5m
Other operating income
-€813
Goods and materials
-€1.2m
Services and other goods
-€148,233
Staff costs
+€47,330
Depreciation
+€24,585
Write-downs
+€72,451
Other operating charges
-€12,383
Other operating items
+€2.7m
Financial income
-€53,380
Financial charges
+€49,733
Taxes
+€20,277
Result 2025
€208,288
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
-€431,415
Investment
+€245,917
Financing
-€59,000
Cash 2024
€2.4m
From operations (derived)
-€431,415
Net result for the year
+€208,288
Depreciation
+€80,096
Stocks and contracts
-€1.7m
Receivables within one year
-€784,944
Trade debts
+€349,287
Tax, wage and social debts
+€32,049
Advances received
+€1.4m
Investment (derived)
+€245,917
Investment in fixed assets (net)
+€245,917
Financing
-€59,000
Contributions, distributions and other
-€59,000
Cash 2025
€2.2m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,722,155 | €10,615,211 | +€1.9m | +21.7% |
| Fixed assets | 21/28 | €3,013,273 | €2,687,260 | -€326,013 | -10.8% |
| Intangible fixed assets | 21 | €0 | €22,304 | +€22,304 | |
| Tangible fixed assets | 22/27 | €538,273 | €464,956 | -€73,316 | -13.6% |
| Land and buildings | 22 | €386,755 | €352,028 | -€34,727 | -9.0% |
| Plant, machinery and equipment | 23 | €0 | - | = | |
| Furniture and vehicles | 24 | €151,518 | €112,929 | -€38,589 | -25.5% |
| Financial fixed assets | 28 | €2,475,000 | €2,200,000 | -€275,000 | -11.1% |
| Affiliated companies | 280/1 | €2,475,000 | €2,200,000 | -€275,000 | -11.1% |
| Amounts receivable | 281 | €2,475,000 | €2,200,000 | -€275,000 | -11.1% |
| Current assets | 29/58 | €5,708,882 | €7,927,951 | +€2.2m | +38.9% |
| Stocks and contracts in progress | 3 | €284,582 | €1,963,206 | +€1.7m | +590% |
| Contracts in progress | 37 | €284,582 | €1,963,206 | +€1.7m | +590% |
| Amounts receivable within one year | 40/41 | €3,018,145 | €3,803,089 | +€784,944 | +26.0% |
| Trade receivables | 40 | €2,611,710 | €3,440,069 | +€828,359 | +31.7% |
| Other amounts receivable | 41 | €406,434 | €363,020 | -€43,415 | -10.7% |
| Cash at bank and in hand | 54/58 | €2,406,155 | €2,161,656 | -€244,499 | -10.2% |
| Deferred charges and accrued income | 490/1 | €0 | - | = | |
| Total equity and liabilities | 10/49 | €8,722,155 | €10,615,211 | +€1.9m | +21.7% |
| Equity | 10/15 | €7,309,810 | €7,459,098 | +€149,288 | +2.0% |
| Contributions | 10/11 | €5,822,262 | €5,822,262 | = | 0.0% |
| Capital | 10 | €5,822,262 | €5,822,262 | = | 0.0% |
| Issued capital | 100 | €5,822,262 | €5,822,262 | = | 0.0% |
| Reserves | 13 | €1,487,549 | €1,636,837 | +€149,288 | +10.0% |
| Non-distributable reserves | 130/1 | €501,328 | €511,743 | +€10,414 | +2.1% |
| Legal reserve | 130 | €501,328 | €511,743 | +€10,414 | +2.1% |
| Distributable reserves | 133 | €986,220 | €1,125,094 | +€138,874 | +14.1% |
| Amounts payable | 17/49 | €1,412,345 | €3,156,112 | +€1.7m | +123% |
| Amounts payable within one year | 42/48 | €1,412,345 | €3,156,112 | +€1.7m | +123% |
| Trade debts | 44 | €884,252 | €1,233,539 | +€349,287 | +39.5% |
| Suppliers | 440/4 | €884,252 | €1,233,539 | +€349,287 | +39.5% |
| Advances received on contracts in progress | 46 | €233,314 | €1,595,745 | +€1.4m | +584% |
| Taxes, remuneration and social security | 45 | €294,779 | €326,827 | +€32,049 | +10.9% |
| Taxes | 450/3 | €61,322 | €102,603 | +€41,281 | +67.3% |
| Remuneration and social security | 454/9 | €233,457 | €224,225 | -€9,233 | -4.0% |
| Operating income | 70/76A | €13,784,467 | €14,918,051 | +€1.1m | +8.2% |
| Turnover | 70 | €14,552,170 | €13,018,805 | -€1.5m | -10.5% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€990,338 | €1,678,624 | +€2.7m | |
| Other operating income | 74 | €208,435 | €207,623 | -€813 | -0.4% |
| Non-recurring operating income | 76A | €14,200 | €13,000 | -€1,200 | -8.5% |
| Operating charges | 60/66A | €13,586,149 | €14,785,592 | +€1.2m | +8.8% |
| Goods for resale, raw materials and consumables | 60 | €10,741,748 | €11,942,697 | +€1.2m | +11.2% |
| Purchases | 600/8 | €10,741,748 | €11,942,697 | +€1.2m | +11.2% |
| Services and other goods | 61 | €1,031,458 | €1,179,691 | +€148,233 | +14.4% |
| Remuneration, social security and pensions | 62 | €1,606,081 | €1,558,751 | -€47,330 | -2.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €104,681 | €80,096 | -€24,585 | -23.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €68,853 | -€3,599 | -€72,451 | |
| Other operating charges | 640/8 | €15,572 | €27,955 | +€12,383 | +79.5% |
| Non-recurring operating charges | 66A | €17,757 | €0 | -€17,757 | -100% |
| Operating profit (loss) | 9901 | €198,318 | €132,460 | -€65,858 | -33.2% |
| Financial income | 75/76B | €221,395 | €168,014 | -€53,380 | -24.1% |
| Recurring financial income | 75 | €221,395 | €168,014 | -€53,380 | -24.1% |
| Income from financial fixed assets | 750 | €181,500 | €165,000 | -€16,500 | -9.1% |
| Other financial income | 752/9 | €39,895 | €3,014 | -€36,880 | -92.4% |
| Financial charges | 65/66B | €67,318 | €17,585 | -€49,733 | -73.9% |
| Recurring financial charges | 65 | €67,318 | €17,585 | -€49,733 | -73.9% |
| Debt charges | 650 | €19,030 | €2,690 | -€16,340 | -85.9% |
| Other financial charges | 652/9 | €48,288 | €14,895 | -€33,393 | -69.2% |
| Profit (loss) for the period before taxes | 9903 | €352,395 | €282,889 | -€69,506 | -19.7% |
| Income taxes | 67/77 | €94,878 | €74,601 | -€20,277 | -21.4% |
| Taxes | 670/3 | €95,597 | €75,329 | -€20,268 | -21.2% |
| Tax adjustments and reversals of tax provisions | 77 | €720 | €728 | +€8 | +1.2% |
| Profit (loss) for the period | 9904 | €257,518 | €208,288 | -€49,229 | -19.1% |
| Profit (loss) for the period to be appropriated | 9905 | €257,518 | €208,288 | -€49,229 | -19.1% |
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 22 October 2026 via checked.be.