Fit & Looks: what changed
Fit & Looks
Largest movements
- Receivables within one year +€10,863
up €10,863 (+180%), from €6,034 to €16,897
of which Trade receivables: +€10,574
- Deferred charges and accrued income -€2,684
no longer reported in 2025 (was €2,684)
- Cash +€1,027
up €1,027 (+7.4%), from €13,894 to €14,921
mainly Net result for the year (+€6,898) and Trade debts (+€3,123)
- Tangible fixed assets +€796
up €796 (+9.5%), from €8,413 to €9,209
of which Plant, machinery and equipment: +€1,298
- Profit (loss) carried forward +€6,898
up €6,898 (+676%), from €1,020 to €7,918
- Trade debts +€3,123
up €3,123 (+37.9%), from €8,246 to €11,369
- Other debts -€1,203
down €1,203 (-20.4%), from €5,888 to €4,685
- Tax, wage and social debts +€1,183
up €1,183 (+87.8%), from €1,348 to €2,531
- Gross operating margin -€8,552
down €8,552 (-44.4%), from €19,257 to €10,704
- Taxes +€1,200
new in 2025: €1,200
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 | €35,101 | €45,102 | +€10,002 | +28.5% |
| Fixed assets | 21/28 | €12,489 | €13,284 | +€796 | +6.4% |
| Tangible fixed assets | 22/27 | €8,413 | €9,209 | +€796 | +9.5% |
| Plant, machinery and equipment | 23 | €3,963 | €5,261 | +€1,298 | +32.7% |
| Other tangible fixed assets | 26 | €4,450 | €3,948 | -€502 | -11.3% |
| Financial fixed assets | 28 | €4,076 | €4,076 | = | 0.0% |
| Current assets | 29/58 | €22,612 | €31,818 | +€9,206 | +40.7% |
| Amounts receivable within one year | 40/41 | €6,034 | €16,897 | +€10,863 | +180% |
| Trade receivables | 40 | €5,835 | €16,409 | +€10,574 | +181% |
| Other amounts receivable | 41 | €198 | €488 | +€289 | +146% |
| Cash at bank and in hand | 54/58 | €13,894 | €14,921 | +€1,027 | +7.4% |
| Deferred charges and accrued income | 490/1 | €2,684 | - | -€2,684 | |
| Total equity and liabilities | 10/49 | €35,101 | €45,102 | +€10,002 | +28.5% |
| Equity | 10/15 | €19,620 | €26,518 | +€6,898 | +35.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,020 | €7,918 | +€6,898 | +676% |
| Amounts payable | 17/49 | €15,481 | €18,584 | +€3,103 | +20.0% |
| Amounts payable within one year | 42/48 | €15,481 | €18,584 | +€3,103 | +20.0% |
| Trade debts | 44 | €8,246 | €11,369 | +€3,123 | +37.9% |
| Suppliers | 440/4 | €8,246 | €11,369 | +€3,123 | +37.9% |
| Taxes, remuneration and social security | 45 | €1,348 | €2,531 | +€1,183 | +87.8% |
| Taxes | 450/3 | €1,348 | €2,531 | +€1,183 | +87.8% |
| Other amounts payable | 47/48 | €5,888 | €4,685 | -€1,203 | -20.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,369 | €1,304 | -€65 | -4.7% |
| Other operating charges | 640/8 | €695 | €623 | -€72 | -10.3% |
| Gross operating margin | 9900 | €19,257 | €10,704 | -€8,552 | -44.4% |
| Operating profit (loss) | 9901 | €17,193 | €8,777 | -€8,416 | -48.9% |
| Financial income | 75/76B | €35 | €29 | -€6 | -16.0% |
| Recurring financial income | 75 | €35 | €29 | -€6 | -16.0% |
| Financial charges | 65/66B | €720 | €708 | -€12 | -1.7% |
| Recurring financial charges | 65 | €720 | €708 | -€12 | -1.7% |
| Profit (loss) for the period before taxes | 9903 | €16,507 | €8,099 | -€8,409 | -50.9% |
| Income taxes | 67/77 | - | €1,200 | +€1,200 | |
| Profit (loss) for the period | 9904 | €16,507 | €6,898 | -€9,609 | -58.2% |
| Profit (loss) for the period to be appropriated | 9905 | €16,507 | €6,898 | -€9,609 | -58.2% |
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 2 November 2026 via checked.be.