Fit20 Eeklo: 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.
Fit20 Eeklo
Largest movements
- Tangible fixed assets -€4,300
down €4,300 (-35.3%), from €12,188 to €7,888
- Intangible fixed assets -€3,325
down €3,325 (-14.3%), from €23,218 to €19,893
- Receivables within one year +€2,770
up €2,770 (+194%), from €1,427 to €4,197
of which Trade receivables: +€2,090
- Cash +€1,438
up €1,438 (+188%), from €767 to €2,205
mainly Depreciation (+€7,625) and Short-term financial debts (+€4,848)
- Debts after one year -€6,798
down €6,798 (-42.0%), from €16,188 to €9,390
- Short-term financial debts +€4,848
new in 2025: €4,848
- Trade debts -€4,756
down €4,756 (-14.2%), from €33,395 to €28,639
- Profit (loss) carried forward +€3,371
up €3,371 (+8.0%), from -€42,022 to -€38,651
- Tax, wage and social debts -€790
down €790 (-48.3%), from €1,635 to €846
- Gross operating margin +€36,414
up €36,414, from -€21,312 to €15,102
- Depreciation -€4,720
down €4,720 (-38.2%), from €12,345 to €7,625
- Financial charges -€3,429
down €3,429 (-52.0%), from €6,600 to €3,171
- Other operating charges -€767
down €767 (-48.6%), from €1,576 to €809
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 | €37,730 | €34,183 | -€3,547 | -9.4% |
| Fixed assets | 21/28 | €35,406 | €27,780 | -€7,625 | -21.5% |
| Intangible fixed assets | 21 | €23,218 | €19,893 | -€3,325 | -14.3% |
| Tangible fixed assets | 22/27 | €12,188 | €7,888 | -€4,300 | -35.3% |
| Plant, machinery and equipment | 23 | €3,771 | €1,654 | -€2,117 | -56.1% |
| Furniture and vehicles | 24 | €468 | €118 | -€350 | -74.9% |
| Other tangible fixed assets | 26 | €7,949 | €6,116 | -€1,833 | -23.1% |
| Current assets | 29/58 | €2,324 | €6,402 | +€4,078 | +175% |
| Amounts receivable within one year | 40/41 | €1,427 | €4,197 | +€2,770 | +194% |
| Trade receivables | 40 | €1,427 | €3,518 | +€2,090 | +146% |
| Other amounts receivable | 41 | - | €680 | +€680 | |
| Cash at bank and in hand | 54/58 | €767 | €2,205 | +€1,438 | +188% |
| Deferred charges and accrued income | 490/1 | €130 | €0 | -€130 | -100% |
| Total equity and liabilities | 10/49 | €37,730 | €34,183 | -€3,547 | -9.4% |
| Equity | 10/15 | -€32,022 | -€28,651 | +€3,371 | +10.5% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€42,022 | -€38,651 | +€3,371 | +8.0% |
| Amounts payable | 17/49 | €69,752 | €62,833 | -€6,919 | -9.9% |
| Amounts payable after more than one year | 17 | €16,188 | €9,390 | -€6,798 | -42.0% |
| Financial debts | 170/4 | €16,188 | €9,390 | -€6,798 | -42.0% |
| Amounts payable within one year | 42/48 | €42,663 | €42,255 | -€408 | -1.0% |
| Current portion of amounts payable after more than one year | 42 | €6,508 | €6,798 | +€290 | +4.5% |
| Financial debts | 43 | - | €4,848 | +€4,848 | |
| Credit institutions | 430/8 | - | €4,848 | +€4,848 | |
| Trade debts | 44 | €33,395 | €28,639 | -€4,756 | -14.2% |
| Suppliers | 440/4 | €33,395 | €28,639 | -€4,756 | -14.2% |
| Taxes, remuneration and social security | 45 | €1,635 | €846 | -€790 | -48.3% |
| Taxes | 450/3 | €1,635 | €846 | -€790 | -48.3% |
| Other amounts payable | 47/48 | €1,125 | €1,125 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | €10,901 | €11,189 | +€288 | +2.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,345 | €7,625 | -€4,720 | -38.2% |
| Other operating charges | 640/8 | €1,576 | €809 | -€767 | -48.6% |
| Gross operating margin | 9900 | -€21,312 | €15,102 | +€36,414 | |
| Operating profit (loss) | 9901 | -€35,233 | €6,667 | +€41,901 | |
| Financial income | 75/76B | €2 | €7 | +€5 | +339% |
| Recurring financial income | 75 | €2 | €7 | +€5 | +339% |
| Financial charges | 65/66B | €6,600 | €3,171 | -€3,429 | -52.0% |
| Recurring financial charges | 65 | €6,600 | €3,171 | -€3,429 | -52.0% |
| Profit (loss) for the period before taxes | 9903 | -€41,832 | €3,503 | +€45,335 | |
| Income taxes | 67/77 | €191 | €132 | -€59 | -30.8% |
| Profit (loss) for the period | 9904 | -€42,022 | €3,371 | +€45,394 | |
| Profit (loss) for the period to be appropriated | 9905 | -€42,022 | €3,371 | +€45,394 |
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 18 October 2026 via checked.be.