FIT SUD: 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 SUD
Largest movements
- Tangible fixed assets -€113,878
down €113,878 (-9.0%), from €1.3m to €1.1m
of which Land and buildings: -€118,108
- Receivables within one year +€103,962
up €103,962 (+253%), from €41,033 to €144,995
of which Other amounts receivable: +€88,673
- Profit (loss) carried forward +€299,508
up €299,508 (+44.3%), from -€676,224 to -€376,716
- Debts after one year -€138,309
down €138,309 (-24.4%), from €566,426 to €428,117
- Trade debts -€135,179
down €135,179 (-95.8%), from €141,117 to €5,939
of which Suppliers: -€129,150
- Tax, wage and social debts -€79,188
down €79,188 (-99.2%), from €79,800 to €612
of which Taxes: -€76,370
- Other debts +€30,000
up €30,000 (+27.3%), from €109,771 to €139,771
- Gross operating margin +€176,422
up €176,422 (+36.7%), from €480,799 to €657,221
- Staff costs -€122,444
down €122,444 (-48.3%), from €253,587 to €131,143
- Depreciation +€15,651
up €15,651 (+9.7%), from €160,629 to €176,280
- Taxes -€6,579
down €6,579, from €6,039 to -€540
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 | €1,397,861 | €1,390,848 | -€7,012 | -0.5% |
| Fixed assets | 21/28 | €1,263,450 | €1,150,305 | -€113,145 | -9.0% |
| Intangible fixed assets | 21 | - | €733 | +€733 | |
| Tangible fixed assets | 22/27 | €1,263,450 | €1,149,572 | -€113,878 | -9.0% |
| Land and buildings | 22 | €975,046 | €856,938 | -€118,108 | -12.1% |
| Plant, machinery and equipment | 23 | €100,476 | €133,611 | +€33,135 | +33.0% |
| Furniture and vehicles | 24 | €5,028 | €2,914 | -€2,114 | -42.0% |
| Leasing and similar rights | 25 | €161,937 | €137,939 | -€23,998 | -14.8% |
| Other tangible fixed assets | 26 | €20,962 | €18,170 | -€2,792 | -13.3% |
| Current assets | 29/58 | €134,411 | €240,544 | +€106,132 | +79.0% |
| Amounts receivable within one year | 40/41 | €41,033 | €144,995 | +€103,962 | +253% |
| Trade receivables | 40 | €41,033 | €56,321 | +€15,289 | +37.3% |
| Other amounts receivable | 41 | - | €88,673 | +€88,673 | |
| Cash at bank and in hand | 54/58 | €90,917 | €93,968 | +€3,051 | +3.4% |
| Deferred charges and accrued income | 490/1 | €2,462 | €1,581 | -€881 | -35.8% |
| Total equity and liabilities | 10/49 | €1,397,861 | €1,390,848 | -€7,012 | -0.5% |
| Equity | 10/15 | €355,671 | €655,179 | +€299,508 | +84.2% |
| Contributions | 10/11 | €337,200 | €337,200 | = | 0.0% |
| Revaluation surpluses | 12 | €250,530 | €250,530 | = | 0.0% |
| Reserves | 13 | €422,651 | €422,651 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €9,251 | €9,251 | = | 0.0% |
| Distributable reserves | 133 | €411,540 | €411,540 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€676,224 | -€376,716 | +€299,508 | +44.3% |
| Investment grants | 15 | €21,514 | €21,514 | +€0 | 0.0% |
| Amounts payable | 17/49 | €1,042,190 | €735,669 | -€306,520 | -29.4% |
| Amounts payable after more than one year | 17 | €566,426 | €428,117 | -€138,309 | -24.4% |
| Financial debts | 170/4 | €566,426 | €428,117 | -€138,309 | -24.4% |
| Amounts payable within one year | 42/48 | €474,214 | €281,652 | -€192,561 | -40.6% |
| Current portion of amounts payable after more than one year | 42 | €143,525 | €135,331 | -€8,195 | -5.7% |
| Trade debts | 44 | €141,117 | €5,939 | -€135,179 | -95.8% |
| Suppliers | 440/4 | €135,088 | €5,939 | -€129,150 | -95.6% |
| Bills of exchange payable | 441 | €6,029 | - | -€6,029 | |
| Taxes, remuneration and social security | 45 | €79,800 | €612 | -€79,188 | -99.2% |
| Taxes | 450/3 | €76,852 | €482 | -€76,370 | -99.4% |
| Remuneration and social security | 454/9 | €2,948 | €129 | -€2,818 | -95.6% |
| Other amounts payable | 47/48 | €109,771 | €139,771 | +€30,000 | +27.3% |
| Accrued charges and deferred income | 492/3 | €1,550 | €25,900 | +€24,350 | +1,571% |
| Remuneration, social security and pensions | 62 | €253,587 | €131,143 | -€122,444 | -48.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €160,629 | €176,280 | +€15,651 | +9.7% |
| Other operating charges | 640/8 | €20,822 | €25,693 | +€4,871 | +23.4% |
| Gross operating margin | 9900 | €480,799 | €657,221 | +€176,422 | +36.7% |
| Operating profit (loss) | 9901 | €45,760 | €324,105 | +€278,345 | +608% |
| Financial income | 75/76B | €918 | - | -€918 | |
| Recurring financial income | 75 | €918 | - | -€918 | |
| Financial charges | 65/66B | €24,976 | €25,137 | +€161 | +0.6% |
| Recurring financial charges | 65 | €24,976 | €25,137 | +€161 | +0.6% |
| Profit (loss) for the period before taxes | 9903 | €21,702 | €298,968 | +€277,266 | +1,278% |
| Income taxes | 67/77 | €6,039 | -€540 | -€6,579 | |
| Profit (loss) for the period | 9904 | €15,663 | €299,508 | +€283,845 | +1,812% |
| Profit (loss) for the period to be appropriated | 9905 | €15,663 | €299,508 | +€283,845 | +1,812% |
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 29 October 2026 via checked.be.