FIFTY ET COMPAGNIE: 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.
FIFTY ET COMPAGNIE
Largest movements
- Receivables within one year -€46,565
down €46,565 (-64.2%), from €72,574 to €26,008
- Tangible fixed assets +€30,421
up €30,421 (+109%), from €27,973 to €58,394
- Cash +€11,838
up €11,838 (+30.2%), from €39,201 to €51,040
mainly Receivables within one year (+€46,565) and Net result for the year (+€28,265)
- Stocks and contracts +€3,954
up €3,954 (+52.4%), from €7,551 to €11,505
- Deferred charges and accrued income -€2,192
no longer reported in 2025 (was €2,192)
- Reserves +€76,428
new in 2025: €76,428
- Other debts -€62,402
down €62,402 (-78.4%), from €79,610 to €17,208
- Profit (loss) carried forward -€48,163
no longer reported in 2025 (was €48,163)
- Debts after one year +€21,300
new in 2025: €21,300
- Current portion of long-term debt +€8,373
new in 2025: €8,373
- Financial charges +€15,701
up €15,701 (+9,848%), from €159 to €15,860
of which Non-recurring financial charges: +€14,800
- Gross operating margin +€8,382
up €8,382 (+9.0%), from €92,798 to €101,180
- Taxes +€2,313
up €2,313 (+16.0%), from €14,441 to €16,754
- Staff costs +€1,593
up €1,593 (+7.4%), from €21,639 to €23,231
- Other operating charges -€1,268
down €1,268 (-39.0%), from €3,253 to €1,985
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 | €149,491 | €146,947 | -€2,545 | -1.7% |
| Fixed assets | 21/28 | €27,973 | €58,394 | +€30,421 | +109% |
| Tangible fixed assets | 22/27 | €27,973 | €58,394 | +€30,421 | +109% |
| Furniture and vehicles | 24 | €27,973 | €58,394 | +€30,421 | +109% |
| Current assets | 29/58 | €121,518 | €88,552 | -€32,966 | -27.1% |
| Stocks and contracts in progress | 3 | €7,551 | €11,505 | +€3,954 | +52.4% |
| Stocks | 30/36 | €7,551 | €11,505 | +€3,954 | +52.4% |
| Amounts receivable within one year | 40/41 | €72,574 | €26,008 | -€46,565 | -64.2% |
| Trade receivables | 40 | €72,574 | €26,008 | -€46,565 | -64.2% |
| Cash at bank and in hand | 54/58 | €39,201 | €51,040 | +€11,838 | +30.2% |
| Deferred charges and accrued income | 490/1 | €2,192 | - | -€2,192 | |
| Total equity and liabilities | 10/49 | €149,491 | €146,947 | -€2,545 | -1.7% |
| Equity | 10/15 | €48,163 | €76,428 | +€28,265 | +58.7% |
| Reserves | 13 | - | €76,428 | +€76,428 | |
| Distributable reserves | 133 | - | €76,428 | +€76,428 | |
| Profit (loss) carried forward | 14 | €48,163 | - | -€48,163 | |
| Amounts payable | 17/49 | €101,328 | €70,519 | -€30,809 | -30.4% |
| Amounts payable after more than one year | 17 | - | €21,300 | +€21,300 | |
| Financial debts | 170/4 | - | €21,300 | +€21,300 | |
| Amounts payable within one year | 42/48 | €101,328 | €49,219 | -€52,109 | -51.4% |
| Current portion of amounts payable after more than one year | 42 | - | €8,373 | +€8,373 | |
| Trade debts | 44 | €1,700 | €2,942 | +€1,242 | +73.1% |
| Suppliers | 440/4 | €1,700 | €2,942 | +€1,242 | +73.1% |
| Taxes, remuneration and social security | 45 | €20,018 | €20,696 | +€678 | +3.4% |
| Taxes | 450/3 | €17,731 | €18,289 | +€557 | +3.1% |
| Remuneration and social security | 454/9 | €2,287 | €2,408 | +€120 | +5.3% |
| Other amounts payable | 47/48 | €79,610 | €17,208 | -€62,402 | -78.4% |
| Remuneration, social security and pensions | 62 | €21,639 | €23,231 | +€1,593 | +7.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,311 | €15,224 | -€86 | -0.6% |
| Other operating charges | 640/8 | €3,253 | €1,985 | -€1,268 | -39.0% |
| Gross operating margin | 9900 | €92,798 | €101,180 | +€8,382 | +9.0% |
| Operating profit (loss) | 9901 | €52,595 | €60,739 | +€8,143 | +15.5% |
| Financial income | 75/76B | €135 | €140 | +€5 | +3.6% |
| Recurring financial income | 75 | €135 | €140 | +€5 | +3.6% |
| Financial charges | 65/66B | €159 | €15,860 | +€15,701 | +9,848% |
| Recurring financial charges | 65 | €159 | €1,060 | +€901 | +565% |
| Non-recurring financial charges | 66B | - | €14,800 | +€14,800 | |
| Profit (loss) for the period before taxes | 9903 | €52,571 | €45,018 | -€7,553 | -14.4% |
| Income taxes | 67/77 | €14,441 | €16,754 | +€2,313 | +16.0% |
| Profit (loss) for the period | 9904 | €38,130 | €28,265 | -€9,865 | -25.9% |
| Profit (loss) for the period to be appropriated | 9905 | €38,130 | €28,265 | -€9,865 | -25.9% |
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 31 October 2026 via checked.be.