FIIT: what changed
FIIT
Largest movements
- Receivables within one year +€41,137
up €41,137 (+298%), from €13,797 to €54,934
of which Other amounts receivable: +€24,997
- Cash -€13,866
down €13,866 (-77.4%), from €17,912 to €4,046
mainly Receivables within one year (-€41,137) and Other debts (-€3,750)
- Tangible fixed assets -€2,760
down €2,760 (-23.7%), from €11,664 to €8,904
of which Furniture and vehicles: -€3,033
- Deferred charges and accrued income +€1,360
up €1,360 (+378%), from €360 to €1,720
- Reserves +€24,500
up €24,500 (+163%), from €15,000 to €39,500
- Other debts -€3,750
no longer reported in 2025 (was €3,750)
- Tax, wage and social debts +€3,545
up €3,545 (+18.4%), from €19,249 to €22,794
- Trade debts +€1,220
new in 2025: €1,220
- Turnover -€108,968
no longer reported in 2025 (was €108,968)
- Purchases and services +€18,618
up €18,618 (+23.0%), from €80,872 to €99,490
- Gross operating margin +€12,635
up €12,635 (+45.0%), from €28,096 to €40,731
- Taxes +€4,180
up €4,180 (+60.5%), from €6,915 to €11,095
- Depreciation +€2,410
up €2,410 (+135%), from €1,781 to €4,192
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 | €44,153 | €70,023 | +€25,870 | +58.6% |
| Fixed assets | 21/28 | €12,084 | €9,324 | -€2,760 | -22.8% |
| Tangible fixed assets | 22/27 | €11,664 | €8,904 | -€2,760 | -23.7% |
| Plant, machinery and equipment | 23 | €2,158 | €2,930 | +€772 | +35.8% |
| Furniture and vehicles | 24 | €4,545 | €1,512 | -€3,033 | -66.7% |
| Other tangible fixed assets | 26 | €4,962 | €4,462 | -€500 | -10.1% |
| Financial fixed assets | 28 | €420 | €420 | = | 0.0% |
| Current assets | 29/58 | €32,069 | €60,700 | +€28,630 | +89.3% |
| Amounts receivable within one year | 40/41 | €13,797 | €54,934 | +€41,137 | +298% |
| Trade receivables | 40 | €13,585 | €29,725 | +€16,140 | +119% |
| Other amounts receivable | 41 | €212 | €25,209 | +€24,997 | +11,807% |
| Cash at bank and in hand | 54/58 | €17,912 | €4,046 | -€13,866 | -77.4% |
| Deferred charges and accrued income | 490/1 | €360 | €1,720 | +€1,360 | +378% |
| Total equity and liabilities | 10/49 | €44,153 | €70,023 | +€25,870 | +58.6% |
| Equity | 10/15 | €21,154 | €46,010 | +€24,856 | +117% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €15,000 | €39,500 | +€24,500 | +163% |
| Distributable reserves | 133 | €15,000 | €39,500 | +€24,500 | +163% |
| Profit (loss) carried forward | 14 | €3,154 | €3,510 | +€356 | +11.3% |
| Amounts payable | 17/49 | €22,999 | €24,013 | +€1,015 | +4.4% |
| Amounts payable within one year | 42/48 | €22,999 | €24,013 | +€1,015 | +4.4% |
| Trade debts | 44 | - | €1,220 | +€1,220 | |
| Suppliers | 440/4 | - | €1,220 | +€1,220 | |
| Taxes, remuneration and social security | 45 | €19,249 | €22,794 | +€3,545 | +18.4% |
| Taxes | 450/3 | €19,249 | €22,794 | +€3,545 | +18.4% |
| Other amounts payable | 47/48 | €3,750 | - | -€3,750 | |
| Turnover | 70 | €108,968 | - | -€108,968 | |
| Goods, raw materials, services and sundry goods | 60/61 | €80,872 | €99,490 | +€18,618 | +23.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,781 | €4,192 | +€2,410 | +135% |
| Other operating charges | 640/8 | €1,167 | €243 | -€923 | -79.1% |
| Gross operating margin | 9900 | €28,096 | €40,731 | +€12,635 | +45.0% |
| Operating profit (loss) | 9901 | €25,147 | €36,296 | +€11,148 | +44.3% |
| Financial charges | 65/66B | €78 | €345 | +€267 | +342% |
| Recurring financial charges | 65 | €78 | €345 | +€267 | +342% |
| Profit (loss) for the period before taxes | 9903 | €25,069 | €35,951 | +€10,882 | +43.4% |
| Income taxes | 67/77 | €6,915 | €11,095 | +€4,180 | +60.5% |
| Profit (loss) for the period | 9904 | €18,154 | €24,856 | +€6,701 | +36.9% |
| Profit (loss) for the period to be appropriated | 9905 | €18,154 | €24,856 | +€6,701 | +36.9% |
Next steps
Calculation and sources
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 7 November 2026 via checked.be.