FITBOUW: 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.
FITBOUW
Largest movements
- Current assets -€35,283
down €35,283 (-11.6%), from €302,949 to €267,666
of which Cash: -€35,177
- Fixed assets +€16,818
up €16,818 (+269%), from €6,245 to €23,063
- Debts -€24,553
down €24,553 (-8.4%), from €293,492 to €268,939
of which Debts within one year: -€18,161
- Profit (loss) carried forward +€4,228
up €4,228 (+44.5%), from €9,502 to €13,730
- Gross operating margin +€9,324
up €9,324 (+48.2%), from €19,335 to €28,659
- Depreciation +€5,973
up €5,973 (+143%), from €4,183 to €10,156
- Taxes -€1,668
down €1,668 (-33.6%), from €4,964 to €3,296
From the 2010 result to the 2011 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2010 | 2011 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €309,194 | €290,729 | -€18,465 | -6.0% |
| Formation expenses | 20 | €228 | €76 | -€152 | -66.7% |
| Fixed assets | 21/28 | €6,245 | €23,063 | +€16,818 | +269% |
| Tangible fixed assets | 22/27 | €6,017 | €22,987 | +€16,970 | +282% |
| Current assets | 29/58 | €302,949 | €267,666 | -€35,283 | -11.6% |
| Stocks and contracts in progress | 3 | - | €6,065 | +€6,065 | |
| Amounts receivable within one year | 40/41 | €262,917 | €256,870 | -€6,047 | -2.3% |
| Cash at bank and in hand | 54/58 | €39,367 | €4,190 | -€35,177 | -89.4% |
| Total equity and liabilities | 10/49 | €309,194 | €290,729 | -€18,465 | -6.0% |
| Equity | 10/15 | €15,702 | €21,790 | +€6,088 | +38.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €9,502 | €13,730 | +€4,228 | +44.5% |
| Amounts payable | 17/49 | €293,492 | €268,939 | -€24,553 | -8.4% |
| Amounts payable after more than one year | 17 | €5,483 | €1,935 | -€3,548 | -64.7% |
| Amounts payable within one year | 42/48 | €283,796 | €265,635 | -€18,161 | -6.4% |
| Trade debts | 44 | €274,027 | €238,400 | -€35,627 | -13.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,183 | €10,156 | +€5,973 | +143% |
| Gross operating margin | 9900 | €19,335 | €28,659 | +€9,324 | +48.2% |
| Operating profit (loss) | 9901 | €13,981 | €11,233 | -€2,748 | -19.7% |
| Recurring financial income | 75 | €2 | €11 | +€9 | +450% |
| Recurring financial charges | 65 | €1,032 | €1,860 | +€828 | +80.2% |
| Profit (loss) for the period before taxes | 9903 | €12,694 | €9,384 | -€3,310 | -26.1% |
| Income taxes | 67/77 | €4,964 | €3,296 | -€1,668 | -33.6% |
| Profit (loss) for the period | 9904 | €7,730 | €6,088 | -€1,642 | -21.2% |
| Profit (loss) for the period to be appropriated | 9905 | €7,730 | €6,088 | -€1,642 | -21.2% |
Source: filed annual accounts (NBB), financial years ended 31 March 2010 and 31 March 2011. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.