FITEX: 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.
FITEX
Largest movements
- Cash +€40,537
up €40,537 (+25.3%), from €160,098 to €200,635
mainly Net result for the year (+€36,522) and Other debts (+€30,772)
- Current investments +€12,000
up €12,000 (+27.0%), from €44,375 to €56,375
- Tangible fixed assets -€9,182
down €9,182 (-14.7%), from €62,568 to €53,386
of which Land and buildings: -€5,896
- Deferred charges and accrued income +€3,966
new in 2025: €3,966
- Other debts +€30,772
up €30,772 (+57.7%), from €53,289 to €84,062
- Reserves +€6,000
up €6,000 (+3.8%), from €158,860 to €164,860
- Trade debts +€4,282
new in 2025: €4,282
- Tax, wage and social debts +€3,951
up €3,951 (+86.0%), from €4,595 to €8,546
of which Taxes: +€3,601
- Gross operating margin -€4,840
down €4,840 (-7.9%), from €61,087 to €56,247
- Financial income +€2,395
up €2,395 (+96.2%), from €2,490 to €4,884
- Taxes -€1,710
down €1,710 (-11.5%), from €14,830 to €13,121
- Write-downs +€1,151
up €1,151, from -€1 to €1,150
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 | €303,332 | €348,859 | +€45,528 | +15.0% |
| Fixed assets | 21/28 | €62,568 | €53,386 | -€9,182 | -14.7% |
| Tangible fixed assets | 22/27 | €62,568 | €53,386 | -€9,182 | -14.7% |
| Land and buildings | 22 | €39,801 | €33,904 | -€5,896 | -14.8% |
| Furniture and vehicles | 24 | €1,734 | €757 | -€977 | -56.3% |
| Other tangible fixed assets | 26 | €21,033 | €18,724 | -€2,309 | -11.0% |
| Current assets | 29/58 | €240,764 | €295,474 | +€54,710 | +22.7% |
| Stocks and contracts in progress | 3 | €4,600 | €3,450 | -€1,150 | -25.0% |
| Stocks | 30/36 | €4,600 | €3,450 | -€1,150 | -25.0% |
| Amounts receivable within one year | 40/41 | €31,691 | €31,049 | -€643 | -2.0% |
| Trade receivables | 40 | €31,581 | €30,704 | -€877 | -2.8% |
| Other amounts receivable | 41 | €110 | €345 | +€234 | +212.6% |
| Current investments | 50/53 | €44,375 | €56,375 | +€12,000 | +27.0% |
| Cash at bank and in hand | 54/58 | €160,098 | €200,635 | +€40,537 | +25.3% |
| Deferred charges and accrued income | 490/1 | - | €3,966 | +€3,966 | |
| Total equity and liabilities | 10/49 | €303,332 | €348,859 | +€45,528 | +15.0% |
| Equity | 10/15 | €245,448 | €251,970 | +€6,522 | +2.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €158,860 | €164,860 | +€6,000 | +3.8% |
| Distributable reserves | 133 | €158,860 | €164,860 | +€6,000 | +3.8% |
| Profit (loss) carried forward | 14 | €80,388 | €80,910 | +€522 | +0.6% |
| Amounts payable | 17/49 | €57,884 | €96,890 | +€39,006 | +67.4% |
| Amounts payable within one year | 42/48 | €57,884 | €96,890 | +€39,006 | +67.4% |
| Trade debts | 44 | - | €4,282 | +€4,282 | |
| Suppliers | 440/4 | - | €4,282 | +€4,282 | |
| Taxes, remuneration and social security | 45 | €4,595 | €8,546 | +€3,951 | +86.0% |
| Taxes | 450/3 | €4,595 | €8,196 | +€3,601 | +78.4% |
| Remuneration and social security | 454/9 | - | €350 | +€350 | |
| Other amounts payable | 47/48 | €53,289 | €84,062 | +€30,772 | +57.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,665 | €9,182 | -€483 | -5.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€1 | €1,150 | +€1,151 | |
| Other operating charges | 640/8 | €896 | €923 | +€27 | +3.0% |
| Gross operating margin | 9900 | €61,087 | €56,247 | -€4,840 | -7.9% |
| Operating profit (loss) | 9901 | €50,527 | €44,991 | -€5,535 | -11.0% |
| Financial income | 75/76B | €2,490 | €4,884 | +€2,395 | +96.2% |
| Recurring financial income | 75 | €2,490 | €4,884 | +€2,395 | +96.2% |
| Financial charges | 65/66B | €502 | €233 | -€269 | -53.5% |
| Recurring financial charges | 65 | €502 | €233 | -€269 | -53.5% |
| Profit (loss) for the period before taxes | 9903 | €52,515 | €49,643 | -€2,872 | -5.5% |
| Income taxes | 67/77 | €14,830 | €13,121 | -€1,710 | -11.5% |
| Profit (loss) for the period | 9904 | €37,684 | €36,522 | -€1,162 | -3.1% |
| Profit (loss) for the period to be appropriated | 9905 | €37,684 | €36,522 | -€1,162 | -3.1% |
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 10 October 2026 via checked.be.