FIT CONCEPT TRAINING: 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.
FIT CONCEPT TRAINING
Largest movements
- Tangible fixed assets -€16,936
down €16,936 (-39.0%), from €43,477 to €26,541
of which Furniture and vehicles: -€12,883
- Cash -€16,472
down €16,472 (-40.0%), from €41,176 to €24,704
mainly Net result for the year (-€22,439) and Receivables within one year (-€13,007)
- Receivables within one year +€13,007
up €13,007 (+116%), from €11,203 to €24,210
of which Other amounts receivable: +€6,551
- Deferred charges and accrued income -€1,248
down €1,248 (-14.0%), from €8,920 to €7,672
- Profit (loss) carried forward -€22,439
down €22,439 (-44.6%), from €50,307 to €27,868
- Trade debts +€7,784
up €7,784 (+854%), from €912 to €8,695
- Debts after one year -€7,050
down €7,050 (-34.5%), from €20,433 to €13,382
- Tax, wage and social debts +€1,902
up €1,902 (+32.1%), from €5,923 to €7,825
of which Remuneration and social security: +€2,610
- Current portion of long-term debt -€1,664
down €1,664 (-19.1%), from €8,702 to €7,037
- Gross operating margin -€31,918
down €31,918 (-58.6%), from €54,426 to €22,508
- Staff costs -€3,688
down €3,688 (-15.0%), from €24,553 to €20,865
- Taxes -€3,603
down €3,603 (-86.5%), from €4,166 to €563
- Depreciation +€2,688
up €2,688 (+18.1%), from €14,833 to €17,521
- Financial charges +€1,666
up €1,666 (+78.1%), from €2,135 to €3,801
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 | €106,145 | €84,294 | -€21,850 | -20.6% |
| Fixed assets | 21/28 | €44,432 | €26,746 | -€17,686 | -39.8% |
| Intangible fixed assets | 21 | €750 | - | -€750 | |
| Tangible fixed assets | 22/27 | €43,477 | €26,541 | -€16,936 | -39.0% |
| Plant, machinery and equipment | 23 | €20,830 | €17,894 | -€2,936 | -14.1% |
| Furniture and vehicles | 24 | €20,995 | €8,113 | -€12,883 | -61.4% |
| Other tangible fixed assets | 26 | €1,652 | €534 | -€1,118 | -67.7% |
| Financial fixed assets | 28 | €205 | €205 | = | 0.0% |
| Current assets | 29/58 | €61,713 | €57,549 | -€4,164 | -6.7% |
| Stocks and contracts in progress | 3 | €414 | €963 | +€548 | +132% |
| Stocks | 30/36 | €414 | €963 | +€548 | +132% |
| Amounts receivable within one year | 40/41 | €11,203 | €24,210 | +€13,007 | +116% |
| Trade receivables | 40 | €3,176 | €9,632 | +€6,456 | +203% |
| Other amounts receivable | 41 | €8,027 | €14,578 | +€6,551 | +81.6% |
| Cash at bank and in hand | 54/58 | €41,176 | €24,704 | -€16,472 | -40.0% |
| Deferred charges and accrued income | 490/1 | €8,920 | €7,672 | -€1,248 | -14.0% |
| Total equity and liabilities | 10/49 | €106,145 | €84,294 | -€21,850 | -20.6% |
| Equity | 10/15 | €68,907 | €46,468 | -€22,439 | -32.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €50,307 | €27,868 | -€22,439 | -44.6% |
| Amounts payable | 17/49 | €37,237 | €37,826 | +€589 | +1.6% |
| Amounts payable after more than one year | 17 | €20,433 | €13,382 | -€7,050 | -34.5% |
| Financial debts | 170/4 | €20,433 | €13,382 | -€7,050 | -34.5% |
| Amounts payable within one year | 42/48 | €16,805 | €24,444 | +€7,639 | +45.5% |
| Current portion of amounts payable after more than one year | 42 | €8,702 | €7,037 | -€1,664 | -19.1% |
| Financial debts | 43 | - | €105 | +€105 | |
| Credit institutions | 430/8 | - | €105 | +€105 | |
| Trade debts | 44 | €912 | €8,695 | +€7,784 | +854% |
| Suppliers | 440/4 | €912 | €8,695 | +€7,784 | +854% |
| Taxes, remuneration and social security | 45 | €5,923 | €7,825 | +€1,902 | +32.1% |
| Taxes | 450/3 | €3,898 | €3,190 | -€708 | -18.2% |
| Remuneration and social security | 454/9 | €2,025 | €4,635 | +€2,610 | +129% |
| Other amounts payable | 47/48 | €1,269 | €782 | -€487 | -38.4% |
| Non-recurring operating income | 76A | - | €6,620 | +€6,620 | |
| Remuneration, social security and pensions | 62 | €24,553 | €20,865 | -€3,688 | -15.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,833 | €17,521 | +€2,688 | +18.1% |
| Other operating charges | 640/8 | €1,670 | €2,383 | +€713 | +42.7% |
| Non-recurring operating charges | 66A | €12 | €0 | -€12 | -98.7% |
| Gross operating margin | 9900 | €54,426 | €22,508 | -€31,918 | -58.6% |
| Operating profit (loss) | 9901 | €13,359 | -€18,261 | -€31,619 | |
| Financial income | 75/76B | €306 | €186 | -€120 | -39.3% |
| Recurring financial income | 75 | €306 | €186 | -€120 | -39.3% |
| Financial charges | 65/66B | €2,135 | €3,801 | +€1,666 | +78.1% |
| Recurring financial charges | 65 | €2,135 | €3,801 | +€1,666 | +78.1% |
| Profit (loss) for the period before taxes | 9903 | €11,529 | -€21,876 | -€33,405 | |
| Income taxes | 67/77 | €4,166 | €563 | -€3,603 | -86.5% |
| Profit (loss) for the period | 9904 | €7,363 | -€22,439 | -€29,802 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,363 | -€22,439 | -€29,802 |
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 19 October 2026 via checked.be.