FiftyTrade: 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.
FiftyTrade
Largest movements
- Tangible fixed assets -€37,666
down €37,666 (-17.8%), from €211,631 to €173,966
of which Furniture and vehicles: -€35,086
- Receivables within one year -€9,397
down €9,397 (-31.8%), from €29,555 to €20,158
of which Trade receivables: -€13,621
- Cash -€4,289
down €4,289 (-16.2%), from €26,416 to €22,127
mainly Net result for the year (-€23,422) and Debts after one year (-€23,325)
- Deferred charges and accrued income +€3,625
up €3,625 (+2,983%), from €122 to €3,747
- Profit (loss) carried forward -€23,422
new in 2025: -€23,422
- Debts after one year -€23,325
down €23,325 (-19.5%), from €119,481 to €96,156
- Trade debts -€5,056
down €5,056 (-59.5%), from €8,494 to €3,438
- Tax, wage and social debts +€3,440
up €3,440 (+764%), from €450 to €3,890
- Depreciation +€29,289
up €29,289 (+196%), from €14,951 to €44,240
- Gross operating margin -€26,672
down €26,672 (-49.9%), from €53,501 to €26,829
- Taxes -€11,711
down €11,711 (-96.6%), from €12,129 to €417
- Financial charges +€1,683
up €1,683 (+64.3%), from €2,616 to €4,299
- Other operating charges +€867
up €867 (+202%), from €428 to €1,295
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 | €267,724 | €219,998 | -€47,726 | -17.8% |
| Fixed assets | 21/28 | €211,631 | €173,966 | -€37,666 | -17.8% |
| Tangible fixed assets | 22/27 | €211,631 | €173,966 | -€37,666 | -17.8% |
| Land and buildings | 22 | €68,624 | €66,091 | -€2,533 | -3.7% |
| Plant, machinery and equipment | 23 | €37,718 | €37,672 | -€46 | -0.1% |
| Furniture and vehicles | 24 | €105,289 | €70,203 | -€35,086 | -33.3% |
| Current assets | 29/58 | €56,092 | €46,032 | -€10,061 | -17.9% |
| Amounts receivable within one year | 40/41 | €29,555 | €20,158 | -€9,397 | -31.8% |
| Trade receivables | 40 | €13,621 | - | -€13,621 | |
| Other amounts receivable | 41 | €15,934 | €20,158 | +€4,224 | +26.5% |
| Cash at bank and in hand | 54/58 | €26,416 | €22,127 | -€4,289 | -16.2% |
| Deferred charges and accrued income | 490/1 | €122 | €3,747 | +€3,625 | +2,983% |
| Total equity and liabilities | 10/49 | €267,724 | €219,998 | -€47,726 | -17.8% |
| Equity | 10/15 | €115,431 | €92,008 | -€23,422 | -20.3% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Reserves | 13 | €45,431 | €45,431 | = | 0.0% |
| Distributable reserves | 133 | €45,431 | €45,431 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€23,422 | -€23,422 | |
| Amounts payable | 17/49 | €152,293 | €127,989 | -€24,304 | -16.0% |
| Amounts payable after more than one year | 17 | €119,481 | €96,156 | -€23,325 | -19.5% |
| Financial debts | 170/4 | €119,481 | €96,156 | -€23,325 | -19.5% |
| Amounts payable within one year | 42/48 | €32,253 | €31,274 | -€979 | -3.0% |
| Current portion of amounts payable after more than one year | 42 | €22,509 | €23,325 | +€816 | +3.6% |
| Trade debts | 44 | €8,494 | €3,438 | -€5,056 | -59.5% |
| Suppliers | 440/4 | €8,494 | €3,438 | -€5,056 | -59.5% |
| Taxes, remuneration and social security | 45 | €450 | €3,890 | +€3,440 | +764% |
| Taxes | 450/3 | €450 | €3,890 | +€3,440 | +764% |
| Other amounts payable | 47/48 | €800 | €621 | -€179 | -22.4% |
| Accrued charges and deferred income | 492/3 | €559 | €559 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,951 | €44,240 | +€29,289 | +196% |
| Other operating charges | 640/8 | €428 | €1,295 | +€867 | +202% |
| Gross operating margin | 9900 | €53,501 | €26,829 | -€26,672 | -49.9% |
| Operating profit (loss) | 9901 | €38,122 | -€18,706 | -€56,828 | |
| Financial charges | 65/66B | €2,616 | €4,299 | +€1,683 | +64.3% |
| Recurring financial charges | 65 | €2,616 | €4,299 | +€1,683 | +64.3% |
| Profit (loss) for the period before taxes | 9903 | €35,506 | -€23,005 | -€58,511 | |
| Income taxes | 67/77 | €12,129 | €417 | -€11,711 | -96.6% |
| Profit (loss) for the period | 9904 | €23,377 | -€23,422 | -€46,799 | |
| Profit (loss) for the period to be appropriated | 9905 | €23,377 | -€23,422 | -€46,799 |
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 13 October 2026 via checked.be.