Fietra: 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.
Fietra
Largest movements
- Receivables within one year -€10,688
down €10,688 (-97.0%), from €11,024 to €336
of which Trade receivables: -€8,879
- Tangible fixed assets -€7,269
down €7,269 (-44.7%), from €16,275 to €9,005
of which Leasing and similar rights: -€6,230
- Cash +€3,758
up €3,758 (+15.6%), from €24,067 to €27,825
mainly Receivables within one year (+€10,688) and Depreciation (+€8,511)
- Stocks and contracts -€857
down €857 (-21.7%), from €3,952 to €3,095
of which Contracts in progress: -€472
- Tax, wage and social debts -€9,247
down €9,247 (-94.1%), from €9,823 to €576
of which Taxes: -€6,756
- Debts after one year -€4,273
no longer reported in 2025 (was €4,273)
- Reserves +€2,293
up €2,293 (+7.8%), from €29,471 to €31,764
- Current portion of long-term debt -€2,067
down €2,067 (-32.6%), from €6,339 to €4,273
- Trade debts -€1,712
down €1,712 (-53.0%), from €3,231 to €1,519
- Gross operating margin -€30,508
down €30,508 (-73.1%), from €41,761 to €11,253
- Taxes -€6,756
down €6,756 (-92.1%), from €7,332 to €576
- Depreciation +€3,235
up €3,235 (+61.3%), from €5,276 to €8,511
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 | €56,648 | €41,642 | -€15,005 | -26.5% |
| Fixed assets | 21/28 | €16,275 | €9,005 | -€7,269 | -44.7% |
| Tangible fixed assets | 22/27 | €16,275 | €9,005 | -€7,269 | -44.7% |
| Plant, machinery and equipment | 23 | €6,432 | €4,973 | -€1,459 | -22.7% |
| Furniture and vehicles | 24 | €1,580 | €2,001 | +€420 | +26.6% |
| Leasing and similar rights | 25 | €8,262 | €2,031 | -€6,230 | -75.4% |
| Current assets | 29/58 | €40,373 | €32,637 | -€7,736 | -19.2% |
| Stocks and contracts in progress | 3 | €3,952 | €3,095 | -€857 | -21.7% |
| Stocks | 30/36 | €3,480 | €3,095 | -€385 | -11.1% |
| Contracts in progress | 37 | €472 | - | -€472 | |
| Amounts receivable within one year | 40/41 | €11,024 | €336 | -€10,688 | -97.0% |
| Trade receivables | 40 | €8,958 | €79 | -€8,879 | -99.1% |
| Other amounts receivable | 41 | €2,066 | €257 | -€1,809 | -87.6% |
| Cash at bank and in hand | 54/58 | €24,067 | €27,825 | +€3,758 | +15.6% |
| Deferred charges and accrued income | 490/1 | €1,330 | €1,381 | +€51 | +3.8% |
| Total equity and liabilities | 10/49 | €56,648 | €41,642 | -€15,005 | -26.5% |
| Equity | 10/15 | €31,471 | €33,764 | +€2,293 | +7.3% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €29,471 | €31,764 | +€2,293 | +7.8% |
| Distributable reserves | 133 | €29,471 | €31,764 | +€2,293 | +7.8% |
| Amounts payable | 17/49 | €25,177 | €7,878 | -€17,298 | -68.7% |
| Amounts payable after more than one year | 17 | €4,273 | - | -€4,273 | |
| Financial debts | 170/4 | €4,273 | - | -€4,273 | |
| Amounts payable within one year | 42/48 | €20,904 | €7,878 | -€13,026 | -62.3% |
| Current portion of amounts payable after more than one year | 42 | €6,339 | €4,273 | -€2,067 | -32.6% |
| Trade debts | 44 | €3,231 | €1,519 | -€1,712 | -53.0% |
| Suppliers | 440/4 | €3,231 | €1,519 | -€1,712 | -53.0% |
| Taxes, remuneration and social security | 45 | €9,823 | €576 | -€9,247 | -94.1% |
| Taxes | 450/3 | €7,332 | €576 | -€6,756 | -92.1% |
| Remuneration and social security | 454/9 | €2,491 | - | -€2,491 | |
| Other amounts payable | 47/48 | €1,511 | €1,511 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,276 | €8,511 | +€3,235 | +61.3% |
| Gross operating margin | 9900 | €41,761 | €11,253 | -€30,508 | -73.1% |
| Operating profit (loss) | 9901 | €36,485 | €2,742 | -€33,742 | -92.5% |
| Financial income | 75/76B | €425 | €238 | -€187 | -44.0% |
| Recurring financial income | 75 | €425 | €238 | -€187 | -44.0% |
| Financial charges | 65/66B | €106 | €111 | +€5 | +4.9% |
| Recurring financial charges | 65 | €106 | €111 | +€5 | +4.9% |
| Profit (loss) for the period before taxes | 9903 | €36,803 | €2,869 | -€33,934 | -92.2% |
| Income taxes | 67/77 | €7,332 | €576 | -€6,756 | -92.1% |
| Profit (loss) for the period | 9904 | €29,471 | €2,293 | -€27,178 | -92.2% |
| Profit (loss) for the period to be appropriated | 9905 | €29,471 | €2,293 | -€27,178 | -92.2% |
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 23 October 2026 via checked.be.