FATIH MANAGEMENT: 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.
FATIH MANAGEMENT
Largest movements
- Current investments -€13,868
no longer reported in 2025 (was €13,868)
- Tangible fixed assets +€10,973
new in 2025: €10,973
of which Furniture and vehicles: +€6,731
- Cash +€7,820
new in 2025: €7,820
mainly Net result for the year (+€15,327) and Current investments (+€13,868)
- Receivables within one year +€7,387
new in 2025: €7,387
- Profit (loss) carried forward +€15,327
up €15,327 (+1,012%), from €1,515 to €16,842
- Tax, wage and social debts -€4,101
down €4,101 (-50.9%), from €8,059 to €3,957
- Trade debts +€1,088
up €1,088 (+47.4%), from €2,295 to €3,382
- Gross operating margin +€13,245
up €13,245 (+4,852%), from €273 to €13,518
- Financial income +€4,820
up €4,820 (+125%), from €3,859 to €8,678
- Taxes +€3,438
up €3,438 (+231%), from €1,488 to €4,926
- Depreciation +€501
new in 2025: €501
- Other operating charges +€315
up €315 (+29.9%), from €1,055 to €1,370
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 | €13,868 | €26,181 | +€12,313 | +88.8% |
| Fixed assets | 21/28 | - | €10,973 | +€10,973 | |
| Tangible fixed assets | 22/27 | - | €10,973 | +€10,973 | |
| Furniture and vehicles | 24 | - | €6,731 | +€6,731 | |
| Other tangible fixed assets | 26 | - | €4,242 | +€4,242 | |
| Current assets | 29/58 | €13,868 | €15,208 | +€1,340 | +9.7% |
| Amounts receivable within one year | 40/41 | - | €7,387 | +€7,387 | |
| Other amounts receivable | 41 | - | €7,387 | +€7,387 | |
| Current investments | 50/53 | €13,868 | - | -€13,868 | |
| Cash at bank and in hand | 54/58 | - | €7,820 | +€7,820 | |
| Total equity and liabilities | 10/49 | €13,868 | €26,181 | +€12,313 | +88.8% |
| Equity | 10/15 | €3,515 | €18,842 | +€15,327 | +436% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Capital | 10 | €2,000 | €2,000 | = | 0.0% |
| Issued capital | 100 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,515 | €16,842 | +€15,327 | +1,012% |
| Amounts payable | 17/49 | €10,353 | €7,339 | -€3,014 | -29.1% |
| Amounts payable within one year | 42/48 | €10,353 | €7,339 | -€3,014 | -29.1% |
| Trade debts | 44 | €2,295 | €3,382 | +€1,088 | +47.4% |
| Suppliers | 440/4 | €2,295 | €3,382 | +€1,088 | +47.4% |
| Taxes, remuneration and social security | 45 | €8,059 | €3,957 | -€4,101 | -50.9% |
| Taxes | 450/3 | €8,059 | €3,957 | -€4,101 | -50.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €501 | +€501 | |
| Other operating charges | 640/8 | €1,055 | €1,370 | +€315 | +29.9% |
| Gross operating margin | 9900 | €273 | €13,518 | +€13,245 | +4,852% |
| Operating profit (loss) | 9901 | -€782 | €11,647 | +€12,429 | |
| Financial income | 75/76B | €3,859 | €8,678 | +€4,820 | +125% |
| Recurring financial income | 75 | €3,859 | €8,678 | +€4,820 | +125% |
| Financial charges | 65/66B | €74 | €73 | -€1 | -1.4% |
| Recurring financial charges | 65 | €74 | €73 | -€1 | -1.4% |
| Profit (loss) for the period before taxes | 9903 | €3,003 | €20,253 | +€17,250 | +574% |
| Income taxes | 67/77 | €1,488 | €4,926 | +€3,438 | +231% |
| Profit (loss) for the period | 9904 | €1,515 | €15,327 | +€13,812 | +912% |
| Profit (loss) for the period to be appropriated | 9905 | €1,515 | €15,327 | +€13,812 | +912% |
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 16 October 2026 via checked.be.