FITA: 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.
FITA
Largest movements
- Receivables within one year -€35,088
down €35,088 (-38.9%), from €90,163 to €55,075
of which Trade receivables: -€19,735
- Tangible fixed assets -€23,803
down €23,803 (-9.6%), from €248,847 to €225,045
- Cash +€18,396
up €18,396 (+23.6%), from €78,041 to €96,437
mainly Receivables within one year (+€35,088) and Depreciation (+€27,775)
- Stocks and contracts +€12,376
up €12,376 (+49.1%), from €25,208 to €37,584
- Debts after one year -€19,608
down €19,608 (-11.1%), from €176,795 to €157,187
- Profit (loss) carried forward -€8,898
down €8,898, from €5,244 to -€3,653
- Tax, wage and social debts +€6,750
up €6,750 (+26.9%), from €25,080 to €31,829
of which Taxes: +€5,643
- Trade debts -€6,604
down €6,604 (-21.0%), from €31,495 to €24,891
- Staff costs +€12,709
up €12,709 (+14.0%), from €90,702 to €103,411
- Gross operating margin +€11,551
up €11,551 (+9.6%), from €120,766 to €132,317
- Depreciation +€7,830
up €7,830 (+39.3%), from €19,945 to €27,775
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 | €442,583 | €414,618 | -€27,965 | -6.3% |
| Fixed assets | 21/28 | €249,047 | €225,245 | -€23,803 | -9.6% |
| Tangible fixed assets | 22/27 | €248,847 | €225,045 | -€23,803 | -9.6% |
| Land and buildings | 22 | €158,919 | €149,693 | -€9,226 | -5.8% |
| Plant, machinery and equipment | 23 | €14,292 | €11,289 | -€3,003 | -21.0% |
| Furniture and vehicles | 24 | €8,938 | €9,141 | +€202 | +2.3% |
| Leasing and similar rights | 25 | €37,029 | €29,350 | -€7,678 | -20.7% |
| Other tangible fixed assets | 26 | €29,669 | €25,571 | -€4,098 | -13.8% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €193,535 | €189,373 | -€4,162 | -2.2% |
| Stocks and contracts in progress | 3 | €25,208 | €37,584 | +€12,376 | +49.1% |
| Stocks | 30/36 | €25,208 | €37,584 | +€12,376 | +49.1% |
| Amounts receivable within one year | 40/41 | €90,163 | €55,075 | -€35,088 | -38.9% |
| Trade receivables | 40 | €64,994 | €45,258 | -€19,735 | -30.4% |
| Other amounts receivable | 41 | €25,170 | €9,817 | -€15,353 | -61.0% |
| Cash at bank and in hand | 54/58 | €78,041 | €96,437 | +€18,396 | +23.6% |
| Deferred charges and accrued income | 490/1 | €123 | €277 | +€154 | +125% |
| Total equity and liabilities | 10/49 | €442,583 | €414,618 | -€27,965 | -6.3% |
| Equity | 10/15 | €132,691 | €123,793 | -€8,898 | -6.7% |
| Contributions | 10/11 | €100 | €100 | = | 0.0% |
| Reserves | 13 | €127,346 | €127,346 | = | 0.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €127,346 | €127,346 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,244 | -€3,653 | -€8,898 | |
| Amounts payable | 17/49 | €309,892 | €290,825 | -€19,067 | -6.2% |
| Amounts payable after more than one year | 17 | €176,795 | €157,187 | -€19,608 | -11.1% |
| Financial debts | 170/4 | €176,795 | €157,187 | -€19,608 | -11.1% |
| Amounts payable within one year | 42/48 | €133,097 | €133,448 | +€351 | +0.3% |
| Current portion of amounts payable after more than one year | 42 | €19,194 | €22,971 | +€3,777 | +19.7% |
| Trade debts | 44 | €31,495 | €24,891 | -€6,604 | -21.0% |
| Suppliers | 440/4 | €31,495 | €24,891 | -€6,604 | -21.0% |
| Taxes, remuneration and social security | 45 | €25,080 | €31,829 | +€6,750 | +26.9% |
| Taxes | 450/3 | €10,202 | €15,845 | +€5,643 | +55.3% |
| Remuneration and social security | 454/9 | €14,878 | €15,984 | +€1,107 | +7.4% |
| Other amounts payable | 47/48 | €57,328 | €53,757 | -€3,572 | -6.2% |
| Accrued charges and deferred income | 492/3 | €0 | €189 | +€189 | |
| Non-recurring operating income | 76A | - | €2,066 | +€2,066 | |
| Remuneration, social security and pensions | 62 | €90,702 | €103,411 | +€12,709 | +14.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,945 | €27,775 | +€7,830 | +39.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €5,664 | €5,059 | -€605 | -10.7% |
| Gross operating margin | 9900 | €120,766 | €132,317 | +€11,551 | +9.6% |
| Operating profit (loss) | 9901 | €4,455 | -€3,928 | -€8,383 | |
| Financial income | 75/76B | €798 | €748 | -€50 | -6.3% |
| Recurring financial income | 75 | €798 | €748 | -€50 | -6.3% |
| Financial charges | 65/66B | €4,645 | €5,496 | +€851 | +18.3% |
| Recurring financial charges | 65 | €4,645 | €5,496 | +€851 | +18.3% |
| Profit (loss) for the period before taxes | 9903 | €609 | -€8,676 | -€9,284 | |
| Income taxes | 67/77 | €414 | €222 | -€192 | -46.4% |
| Profit (loss) for the period | 9904 | €195 | -€8,898 | -€9,092 | |
| Profit (loss) for the period to be appropriated | 9905 | €195 | -€8,898 | -€9,092 |
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.