FITFAKTOR: 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.
FITFAKTOR
Largest movements
- Tangible fixed assets -€44,709
down €44,709 (-4.6%), from €965,236 to €920,527
of which Land and buildings: -€38,850
- Cash -€12,736
down €12,736 (-9.3%), from €137,589 to €124,854
mainly Debts after one year (-€78,673) and Trade debts (-€69,317)
- Debts after one year -€78,673
down €78,673 (-17.5%), from €449,671 to €370,998
of which Financial debts: -€78,673
- Trade debts -€69,317
down €69,317 (-58.2%), from €119,015 to €49,698
- Reserves +€60,501
up €60,501 (+18.3%), from €330,862 to €391,363
- Current portion of long-term debt +€12,597
up €12,597 (+9.0%), from €140,711 to €153,308
- Tax, wage and social debts +€11,535
up €11,535 (+94.2%), from €12,251 to €23,786
of which Taxes: +€10,695
- Gross operating margin +€22,680
up €22,680 (+7.3%), from €310,503 to €333,182
- Taxes +€11,824
up €11,824 (+115%), from €10,248 to €22,072
- Other operating charges +€7,451
up €7,451 (+60.5%), from €12,313 to €19,764
- Depreciation -€4,283
down €4,283 (-7.4%), from €57,982 to €53,699
- Financial charges -€4,030
down €4,030 (-13.0%), from €31,117 to €27,087
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 | €1,119,568 | €1,056,210 | -€63,358 | -5.7% |
| Fixed assets | 21/28 | €965,236 | €920,527 | -€44,709 | -4.6% |
| Tangible fixed assets | 22/27 | €965,236 | €920,527 | -€44,709 | -4.6% |
| Land and buildings | 22 | €828,492 | €789,642 | -€38,850 | -4.7% |
| Plant, machinery and equipment | 23 | €136,021 | €130,488 | -€5,533 | -4.1% |
| Furniture and vehicles | 24 | €723 | €397 | -€326 | -45.1% |
| Current assets | 29/58 | €154,332 | €135,683 | -€18,649 | -12.1% |
| Stocks and contracts in progress | 3 | €4,492 | €4,066 | -€425 | -9.5% |
| Stocks | 30/36 | €4,492 | €4,066 | -€425 | -9.5% |
| Amounts receivable within one year | 40/41 | €12,251 | €6,763 | -€5,488 | -44.8% |
| Trade receivables | 40 | €11,910 | €121 | -€11,789 | -99.0% |
| Other amounts receivable | 41 | €342 | €6,642 | +€6,300 | +1,843% |
| Cash at bank and in hand | 54/58 | €137,589 | €124,854 | -€12,736 | -9.3% |
| Total equity and liabilities | 10/49 | €1,119,568 | €1,056,210 | -€63,358 | -5.7% |
| Equity | 10/15 | €396,862 | €457,363 | +€60,501 | +15.2% |
| Contributions | 10/11 | €66,000 | €66,000 | = | 0.0% |
| Reserves | 13 | €330,862 | €391,363 | +€60,501 | +18.3% |
| Distributable reserves | 133 | €330,862 | €391,363 | +€60,501 | +18.3% |
| Amounts payable | 17/49 | €722,706 | €598,847 | -€123,859 | -17.1% |
| Amounts payable after more than one year | 17 | €449,671 | €370,998 | -€78,673 | -17.5% |
| Financial debts | 170/4 | €406,789 | €328,116 | -€78,673 | -19.3% |
| Other amounts payable | 178/9 | €42,882 | €42,882 | = | 0.0% |
| Amounts payable within one year | 42/48 | €273,034 | €227,848 | -€45,186 | -16.5% |
| Current portion of amounts payable after more than one year | 42 | €140,711 | €153,308 | +€12,597 | +9.0% |
| Trade debts | 44 | €119,015 | €49,698 | -€69,317 | -58.2% |
| Suppliers | 440/4 | €119,015 | €49,698 | -€69,317 | -58.2% |
| Taxes, remuneration and social security | 45 | €12,251 | €23,786 | +€11,535 | +94.2% |
| Taxes | 450/3 | €2,373 | €13,068 | +€10,695 | +451% |
| Remuneration and social security | 454/9 | €9,878 | €10,718 | +€839 | +8.5% |
| Other amounts payable | 47/48 | €1,057 | €1,057 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €149,669 | €150,671 | +€1,002 | +0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,982 | €53,699 | -€4,283 | -7.4% |
| Other operating charges | 640/8 | €12,313 | €19,764 | +€7,451 | +60.5% |
| Gross operating margin | 9900 | €310,503 | €333,182 | +€22,680 | +7.3% |
| Operating profit (loss) | 9901 | €90,539 | €109,049 | +€18,510 | +20.4% |
| Financial income | 75/76B | €72 | €611 | +€540 | +753% |
| Recurring financial income | 75 | €72 | €611 | +€540 | +753% |
| Financial charges | 65/66B | €31,117 | €27,087 | -€4,030 | -13.0% |
| Recurring financial charges | 65 | €31,117 | €27,087 | -€4,030 | -13.0% |
| Profit (loss) for the period before taxes | 9903 | €59,494 | €82,573 | +€23,079 | +38.8% |
| Income taxes | 67/77 | €10,248 | €22,072 | +€11,824 | +115% |
| Profit (loss) for the period | 9904 | €49,245 | €60,501 | +€11,256 | +22.9% |
| Profit (loss) for the period to be appropriated | 9905 | €49,245 | €60,501 | +€11,256 | +22.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 October 2026 via checked.be.