FIT & FUN: 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 & FUN
Largest movements
- Tangible fixed assets -€20,177
down €20,177 (-19.9%), from €101,452 to €81,275
of which Plant, machinery and equipment: -€14,926
- Cash +€16,854
up €16,854 (+86.8%), from €19,423 to €36,277
mainly Other debts (+€44,563) and Depreciation (+€28,651)
- Receivables within one year -€12,325
down €12,325 (-8.7%), from €142,145 to €129,820
of which Trade receivables: -€8,093
- Other debts +€44,563
up €44,563 (+261%), from €17,100 to €61,663
- Reserves -€42,342
down €42,342 (-35.4%), from €119,577 to €77,235
- Debts after one year -€16,845
down €16,845 (-43.4%), from €38,845 to €21,999
- Current portion of long-term debt -€4,262
down €4,262 (-19.8%), from €21,490 to €17,229
- Staff costs +€14,017
up €14,017 (+135%), from €10,358 to €24,375
- Gross operating margin +€5,455
up €5,455 (+5.9%), from €93,035 to €98,491
- Taxes -€4,449
down €4,449 (-27.6%), from €16,101 to €11,651
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 | €279,554 | €261,682 | -€17,872 | -6.4% |
| Fixed assets | 21/28 | €103,602 | €83,425 | -€20,177 | -19.5% |
| Tangible fixed assets | 22/27 | €101,452 | €81,275 | -€20,177 | -19.9% |
| Land and buildings | 22 | €60,232 | €52,709 | -€7,523 | -12.5% |
| Plant, machinery and equipment | 23 | €40,193 | €25,267 | -€14,926 | -37.1% |
| Furniture and vehicles | 24 | €1,027 | €3,299 | +€2,272 | +221% |
| Financial fixed assets | 28 | €2,150 | €2,150 | = | 0.0% |
| Current assets | 29/58 | €175,952 | €178,257 | +€2,305 | +1.3% |
| Stocks and contracts in progress | 3 | €4,784 | €4,960 | +€176 | +3.7% |
| Stocks | 30/36 | €4,784 | €4,960 | +€176 | +3.7% |
| Amounts receivable within one year | 40/41 | €142,145 | €129,820 | -€12,325 | -8.7% |
| Trade receivables | 40 | €20,231 | €12,138 | -€8,093 | -40.0% |
| Other amounts receivable | 41 | €121,914 | €117,682 | -€4,232 | -3.5% |
| Cash at bank and in hand | 54/58 | €19,423 | €36,277 | +€16,854 | +86.8% |
| Deferred charges and accrued income | 490/1 | €9,600 | €7,200 | -€2,400 | -25.0% |
| Total equity and liabilities | 10/49 | €279,554 | €261,682 | -€17,872 | -6.4% |
| Equity | 10/15 | €154,402 | €112,060 | -€42,342 | -27.4% |
| Contributions | 10/11 | €8,600 | €8,600 | = | 0.0% |
| Reserves | 13 | €119,577 | €77,235 | -€42,342 | -35.4% |
| Distributable reserves | 133 | €119,577 | €77,235 | -€42,342 | -35.4% |
| Profit (loss) carried forward | 14 | €26,226 | €26,226 | +€0 | 0.0% |
| Amounts payable | 17/49 | €125,151 | €149,621 | +€24,470 | +19.6% |
| Amounts payable after more than one year | 17 | €38,845 | €21,999 | -€16,845 | -43.4% |
| Financial debts | 170/4 | €38,845 | €21,999 | -€16,845 | -43.4% |
| Amounts payable within one year | 42/48 | €86,307 | €127,622 | +€41,315 | +47.9% |
| Current portion of amounts payable after more than one year | 42 | €21,490 | €17,229 | -€4,262 | -19.8% |
| Trade debts | 44 | €11,501 | €11,109 | -€392 | -3.4% |
| Suppliers | 440/4 | €11,501 | €11,109 | -€392 | -3.4% |
| Taxes, remuneration and social security | 45 | €36,215 | €37,621 | +€1,407 | +3.9% |
| Taxes | 450/3 | €35,828 | €36,130 | +€302 | +0.8% |
| Remuneration and social security | 454/9 | €387 | €1,491 | +€1,104 | +286% |
| Other amounts payable | 47/48 | €17,100 | €61,663 | +€44,563 | +261% |
| Remuneration, social security and pensions | 62 | €10,358 | €24,375 | +€14,017 | +135% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,993 | €28,651 | -€341 | -1.2% |
| Other operating charges | 640/8 | €2,584 | €2,581 | -€3 | -0.1% |
| Gross operating margin | 9900 | €93,035 | €98,491 | +€5,455 | +5.9% |
| Operating profit (loss) | 9901 | €51,101 | €42,883 | -€8,218 | -16.1% |
| Financial income | 75/76B | €0 | €71 | +€71 | +27,269% |
| Recurring financial income | 75 | €0 | €71 | +€71 | +27,269% |
| Financial charges | 65/66B | €7,989 | €8,145 | +€156 | +2.0% |
| Recurring financial charges | 65 | €7,989 | €8,145 | +€156 | +2.0% |
| Profit (loss) for the period before taxes | 9903 | €43,112 | €34,809 | -€8,303 | -19.3% |
| Income taxes | 67/77 | €16,101 | €11,651 | -€4,449 | -27.6% |
| Profit (loss) for the period | 9904 | €27,012 | €23,158 | -€3,853 | -14.3% |
| Profit (loss) for the period to be appropriated | 9905 | €27,012 | €23,158 | -€3,853 | -14.3% |
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 16 October 2026 via checked.be.