FITEN PROJECTS: what changed
Two fiscal 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.
FITEN PROJECTS
Largest movements
- Cash +€10,585
up €10,585 (+4.6%), from €231,339 to €241,925
mainly Net result for the year (+€35,990)
- Reserves +€35,990
up €35,990 (+43.2%), from €83,361 to €119,351
- Other debts -€23,200
down €23,200 (-18.1%), from €128,049 to €104,849
- Gross operating margin -€3,980
down €3,980 (-6.9%), from €57,695 to €53,716
- Taxes -€1,379
down €1,379 (-7.6%), from €18,175 to €16,795
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.
Cash bridge derived
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 | €231,349 | €243,154 | +€11,805 | +5.1% |
| Current assets | 29/58 | €231,349 | €243,154 | +€11,805 | +5.1% |
| Amounts receivable within one year | 40/41 | €10 | €1,229 | +€1,219 | +12699.2% |
| Other amounts receivable | 41 | €10 | €1,229 | +€1,219 | +12699.2% |
| Cash at bank and in hand | 54/58 | €231,339 | €241,925 | +€10,585 | +4.6% |
| Total equity and liabilities | 10/49 | €231,349 | €243,154 | +€11,805 | +5.1% |
| Equity | 10/15 | €101,911 | €137,901 | +€35,990 | +35.3% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €83,361 | €119,351 | +€35,990 | +43.2% |
| Distributable reserves | 133 | €83,361 | €119,351 | +€35,990 | +43.2% |
| Amounts payable | 17/49 | €129,438 | €105,252 | -€24,185 | -18.7% |
| Amounts payable within one year | 42/48 | €129,438 | €105,252 | -€24,185 | -18.7% |
| Trade debts | 44 | €1,215 | €404 | -€811 | -66.7% |
| Suppliers | 440/4 | €1,215 | €404 | -€811 | -66.7% |
| Taxes, remuneration and social security | 45 | €175 | €0 | -€175 | -100.0% |
| Taxes | 450/3 | €175 | €0 | -€175 | -100.0% |
| Other amounts payable | 47/48 | €128,049 | €104,849 | -€23,200 | -18.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €499 | €513 | +€14 | +2.8% |
| Gross operating margin | 9900 | €57,695 | €53,716 | -€3,980 | -6.9% |
| Operating profit (loss) | 9901 | €57,196 | €53,203 | -€3,993 | -7.0% |
| Financial charges | 65/66B | €75 | €417 | +€342 | +453.2% |
| Recurring financial charges | 65 | €75 | €417 | +€342 | +453.2% |
| Profit (loss) for the period before taxes | 9903 | €57,120 | €52,785 | -€4,335 | -7.6% |
| Income taxes | 67/77 | €18,175 | €16,795 | -€1,379 | -7.6% |
| Profit (loss) for the period | 9904 | €38,946 | €35,990 | -€2,956 | -7.6% |
| Profit (loss) for the period to be appropriated | 9905 | €38,946 | €35,990 | -€2,956 | -7.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.