FITCLASS IEPER: 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.
FITCLASS IEPER
Largest movements
- Tangible fixed assets -€33,676
down €33,676 (-14.6%), from €230,381 to €196,705
of which Plant, machinery and equipment: -€20,469
- Deferred charges and accrued income +€21,308
up €21,308 (+774%), from €2,752 to €24,061
- Cash +€9,226
up €9,226 (+19.0%), from €48,586 to €57,813
mainly Depreciation (+€43,676) and Net result for the year (+€23,735)
- Receivables within one year -€8,525
down €8,525 (-17.1%), from €49,799 to €41,274
of which Trade receivables: -€8,459
- Debts after one year -€26,762
down €26,762 (-40.4%), from €66,236 to €39,474
- Reserves +€22,069
up €22,069 (+11.3%), from €195,163 to €217,232
of which Distributable reserves: +€22,069
- Trade debts -€21,478
down €21,478 (-100%), from €21,478 to €0
- Tax, wage and social debts +€17,216
up €17,216 (+209%), from €8,245 to €25,461
of which Taxes: +€12,229
- Accrued charges and deferred income -€4,113
down €4,113 (-17.0%), from €24,133 to €20,020
- Staff costs +€43,783
up €43,783 (+53.6%), from €81,720 to €125,502
- Gross operating margin +€29,930
up €29,930 (+16.7%), from €179,307 to €209,238
- Other operating charges -€13,812
down €13,812 (-85.4%), from €16,170 to €2,357
- Depreciation +€3,515
up €3,515 (+8.8%), from €40,161 to €43,676
- Financial income -€3,008
down €3,008 (-74.7%), from €4,029 to €1,021
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 | €382,823 | €372,119 | -€10,704 | -2.8% |
| Fixed assets | 21/28 | €230,429 | €196,752 | -€33,676 | -14.6% |
| Tangible fixed assets | 22/27 | €230,381 | €196,705 | -€33,676 | -14.6% |
| Land and buildings | 22 | €110,230 | €101,786 | -€8,444 | -7.7% |
| Plant, machinery and equipment | 23 | €115,148 | €94,679 | -€20,469 | -17.8% |
| Furniture and vehicles | 24 | €5,003 | €240 | -€4,763 | -95.2% |
| Financial fixed assets | 28 | €48 | €48 | = | 0.0% |
| Current assets | 29/58 | €152,394 | €175,366 | +€22,972 | +15.1% |
| Stocks and contracts in progress | 3 | €1,893 | €2,855 | +€963 | +50.9% |
| Stocks | 30/36 | €1,893 | €2,855 | +€963 | +50.9% |
| Amounts receivable within one year | 40/41 | €49,799 | €41,274 | -€8,525 | -17.1% |
| Trade receivables | 40 | €49,658 | €41,199 | -€8,459 | -17.0% |
| Other amounts receivable | 41 | €141 | €75 | -€66 | -46.7% |
| Current investments | 50/53 | €49,364 | €49,364 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €48,586 | €57,813 | +€9,226 | +19.0% |
| Deferred charges and accrued income | 490/1 | €2,752 | €24,061 | +€21,308 | +774% |
| Total equity and liabilities | 10/49 | €382,823 | €372,119 | -€10,704 | -2.8% |
| Equity | 10/15 | €207,563 | €229,632 | +€22,069 | +10.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €195,163 | €217,232 | +€22,069 | +11.3% |
| 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 | €53 | €53 | = | 0.0% |
| Distributable reserves | 133 | €193,250 | €215,319 | +€22,069 | +11.4% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €175,260 | €142,487 | -€32,773 | -18.7% |
| Amounts payable after more than one year | 17 | €66,236 | €39,474 | -€26,762 | -40.4% |
| Financial debts | 170/4 | €66,236 | €39,474 | -€26,762 | -40.4% |
| Amounts payable within one year | 42/48 | €84,890 | €82,993 | -€1,898 | -2.2% |
| Current portion of amounts payable after more than one year | 42 | €26,553 | €26,762 | +€209 | +0.8% |
| Trade debts | 44 | €21,478 | €0 | -€21,478 | -100% |
| Suppliers | 440/4 | €21,478 | €0 | -€21,478 | -100% |
| Advances received on contracts in progress | 46 | €13,355 | €14,791 | +€1,436 | +10.8% |
| Taxes, remuneration and social security | 45 | €8,245 | €25,461 | +€17,216 | +209% |
| Taxes | 450/3 | €6,335 | €18,564 | +€12,229 | +193% |
| Remuneration and social security | 454/9 | €1,910 | €6,897 | +€4,987 | +261% |
| Other amounts payable | 47/48 | €15,260 | €15,978 | +€719 | +4.7% |
| Accrued charges and deferred income | 492/3 | €24,133 | €20,020 | -€4,113 | -17.0% |
| Non-recurring operating income | 76A | - | €21,900 | +€21,900 | |
| Remuneration, social security and pensions | 62 | €81,720 | €125,502 | +€43,783 | +53.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €40,161 | €43,676 | +€3,515 | +8.8% |
| Other operating charges | 640/8 | €16,170 | €2,357 | -€13,812 | -85.4% |
| Gross operating margin | 9900 | €179,307 | €209,238 | +€29,930 | +16.7% |
| Operating profit (loss) | 9901 | €41,257 | €37,702 | -€3,555 | -8.6% |
| Financial income | 75/76B | €4,029 | €1,021 | -€3,008 | -74.7% |
| Recurring financial income | 75 | €4,029 | €1,021 | -€3,008 | -74.7% |
| Financial charges | 65/66B | €4,051 | €3,986 | -€65 | -1.6% |
| Recurring financial charges | 65 | €4,051 | €3,986 | -€65 | -1.6% |
| Profit (loss) for the period before taxes | 9903 | €41,234 | €34,736 | -€6,498 | -15.8% |
| Income taxes | 67/77 | €11,537 | €11,001 | -€535 | -4.6% |
| Profit (loss) for the period | 9904 | €29,698 | €23,735 | -€5,963 | -20.1% |
| Profit (loss) for the period to be appropriated | 9905 | €29,698 | €23,735 | -€5,963 | -20.1% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.