BITEC services: what changed
You see two financial years side by side: what moved most in the balance sheet and the result, why the result rose or fell and where the money went.
BITEC services
Largest movements
- Cash -€55,237
down €55,237 (-24.3%), from €227,676 to €172,439
mainly Other debts (-€40,321) and Receivables within one year (-€33,603)
- Receivables within one year +€33,603
up €33,603 (+697%), from €4,824 to €38,427
of which Trade receivables: +€30,168
- Current investments +€19,126
up €19,126 (+34.0%), from €56,283 to €75,409
- Other debts -€40,321
down €40,321 (-15.2%), from €265,628 to €225,307
- Provisions +€39,346
new in 2025: €39,346
- Profit (loss) carried forward -€4,472
new in 2025: -€4,472
- Provisions +€39,346
new in 2025: €39,346
- Gross operating margin -€3,365
down €3,365 (-6.7%), from €50,196 to €46,831
- Financial income +€1,020
up €1,020 (+510,125%), from €0 to €1,020
- Other operating charges -€892
down €892 (-56.3%), from €1,585 to €693
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €296,101 | €292,126 | -€3,974 | -1.3% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €6,248 | €4,731 | -€1,517 | -24.3% |
| Tangible fixed assets | 22/27 | €6,098 | €4,581 | -€1,517 | -24.9% |
| Plant, machinery and equipment | 23 | €3,204 | €2,668 | -€537 | -16.7% |
| Furniture and vehicles | 24 | €2,894 | €1,914 | -€980 | -33.9% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €289,853 | €287,395 | -€2,458 | -0.8% |
| Amounts receivable within one year | 40/41 | €4,824 | €38,427 | +€33,603 | +697% |
| Trade receivables | 40 | €2,542 | €32,711 | +€30,168 | +1,187% |
| Other amounts receivable | 41 | €2,282 | €5,716 | +€3,434 | +151% |
| Current investments | 50/53 | €56,283 | €75,409 | +€19,126 | +34.0% |
| Cash at bank and in hand | 54/58 | €227,676 | €172,439 | -€55,237 | -24.3% |
| Deferred charges and accrued income | 490/1 | €1,070 | €1,121 | +€51 | +4.8% |
| Total equity and liabilities | 10/49 | €296,101 | €292,126 | -€3,974 | -1.3% |
| Equity | 10/15 | €18,600 | €14,128 | -€4,472 | -24.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€4,472 | -€4,472 | |
| Provisions and deferred taxes | 16 | - | €39,346 | +€39,346 | |
| Provisions for liabilities and charges | 160/5 | - | €39,346 | +€39,346 | |
| Environmental obligations | 163 | - | €39,346 | +€39,346 | |
| Amounts payable | 17/49 | €277,501 | €238,653 | -€38,848 | -14.0% |
| Amounts payable within one year | 42/48 | €275,417 | €238,653 | -€36,764 | -13.3% |
| Trade debts | 44 | €402 | €1,881 | +€1,479 | +368% |
| Suppliers | 440/4 | €402 | €1,881 | +€1,479 | +368% |
| Taxes, remuneration and social security | 45 | €9,387 | €11,465 | +€2,077 | +22.1% |
| Taxes | 450/3 | €9,387 | €11,465 | +€2,077 | +22.1% |
| Other amounts payable | 47/48 | €265,628 | €225,307 | -€40,321 | -15.2% |
| Accrued charges and deferred income | 492/3 | €2,084 | - | -€2,084 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,813 | €2,168 | +€354 | +19.5% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | - | €39,346 | +€39,346 | |
| Other operating charges | 640/8 | €1,585 | €693 | -€892 | -56.3% |
| Gross operating margin | 9900 | €50,196 | €46,831 | -€3,365 | -6.7% |
| Operating profit (loss) | 9901 | €46,798 | €4,624 | -€42,174 | -90.1% |
| Financial income | 75/76B | €0 | €1,020 | +€1,020 | +510,125% |
| Recurring financial income | 75 | €0 | €1,020 | +€1,020 | +510,125% |
| Financial charges | 65/66B | €635 | €551 | -€84 | -13.2% |
| Recurring financial charges | 65 | €635 | €551 | -€84 | -13.2% |
| Profit (loss) for the period before taxes | 9903 | €46,163 | €5,094 | -€41,069 | -89.0% |
| Income taxes | 67/77 | €9,838 | €9,566 | -€272 | -2.8% |
| Profit (loss) for the period | 9904 | €36,325 | -€4,472 | -€40,797 | |
| Profit (loss) for the period to be appropriated | 9905 | €36,325 | -€4,472 | -€40,797 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.