FIT4DEV: 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.
FIT4DEV
Largest movements
- Financial fixed assets +€26,000
up €26,000 (+44.6%), from €58,242 to €84,242
- Receivables within one year +€24,884
up €24,884 (+50.0%), from €49,768 to €74,652
of which Other amounts receivable: +€30,792
- Cash -€7,930
down €7,930 (-4.0%), from €199,895 to €191,965
mainly Investment in fixed assets (net) (-€29,647) and Receivables within one year (-€24,884)
- Tangible fixed assets -€6,813
down €6,813 (-40.1%), from €16,982 to €10,169
of which Furniture and vehicles: -€6,389
- Profit (loss) carried forward +€36,337
up €36,337 (+12.0%), from €302,091 to €338,428
- Trade debts -€7,696
down €7,696 (-90.2%), from €8,536 to €840
- Tax, wage and social debts +€7,500
new in 2026: €7,500
- Gross operating margin +€8,316
up €8,316 (+18.5%), from €44,865 to €53,181
- Taxes -€4,164
down €4,164 (-33.8%), from €12,333 to €8,169
- Financial income +€1,358
up €1,358 (+118%), from €1,146 to €2,504
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €324,887 | €361,028 | +€36,141 | +11.1% |
| Fixed assets | 21/28 | €75,224 | €94,411 | +€19,187 | +25.5% |
| Tangible fixed assets | 22/27 | €16,982 | €10,169 | -€6,813 | -40.1% |
| Plant, machinery and equipment | 23 | - | €585 | +€585 | |
| Furniture and vehicles | 24 | €14,541 | €8,152 | -€6,389 | -43.9% |
| Other tangible fixed assets | 26 | €2,441 | €1,432 | -€1,009 | -41.3% |
| Financial fixed assets | 28 | €58,242 | €84,242 | +€26,000 | +44.6% |
| Current assets | 29/58 | €249,663 | €266,617 | +€16,954 | +6.8% |
| Amounts receivable within one year | 40/41 | €49,768 | €74,652 | +€24,884 | +50.0% |
| Trade receivables | 40 | €36,115 | €30,207 | -€5,908 | -16.4% |
| Other amounts receivable | 41 | €13,653 | €44,445 | +€30,792 | +226% |
| Cash at bank and in hand | 54/58 | €199,895 | €191,965 | -€7,930 | -4.0% |
| Total equity and liabilities | 10/49 | €324,887 | €361,028 | +€36,141 | +11.1% |
| Equity | 10/15 | €316,351 | €352,688 | +€36,337 | +11.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €302,091 | €338,428 | +€36,337 | +12.0% |
| Amounts payable | 17/49 | €8,536 | €8,340 | -€196 | -2.3% |
| Amounts payable within one year | 42/48 | €8,536 | €8,340 | -€196 | -2.3% |
| Trade debts | 44 | €8,536 | €840 | -€7,696 | -90.2% |
| Suppliers | 440/4 | €8,536 | €840 | -€7,696 | -90.2% |
| Taxes, remuneration and social security | 45 | - | €7,500 | +€7,500 | |
| Remuneration and social security | 454/9 | - | €7,500 | +€7,500 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,800 | €10,460 | -€340 | -3.1% |
| Other operating charges | 640/8 | €387 | €625 | +€238 | +61.5% |
| Gross operating margin | 9900 | €44,865 | €53,181 | +€8,316 | +18.5% |
| Operating profit (loss) | 9901 | €33,678 | €42,096 | +€8,418 | +25.0% |
| Financial income | 75/76B | €1,146 | €2,504 | +€1,358 | +118% |
| Recurring financial income | 75 | €1,146 | €2,504 | +€1,358 | +118% |
| Financial charges | 65/66B | €99 | €94 | -€5 | -5.1% |
| Recurring financial charges | 65 | €99 | €94 | -€5 | -5.1% |
| Profit (loss) for the period before taxes | 9903 | €34,725 | €44,506 | +€9,781 | +28.2% |
| Income taxes | 67/77 | €12,333 | €8,169 | -€4,164 | -33.8% |
| Profit (loss) for the period | 9904 | €22,392 | €36,337 | +€13,945 | +62.3% |
| Profit (loss) for the period to be appropriated | 9905 | €22,392 | €36,337 | +€13,945 | +62.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.