FITH: 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.
FITH
Largest movements
- Cash +€44,714
up €44,714 (+21.1%), from €211,476 to €256,190
mainly Net result for the year (+€99,933) and Depreciation (+€7,129)
- Receivables within one year +€43,355
up €43,355 (+435.7%), from €9,951 to €53,306
of which Other amounts receivable: +€43,527
- Tangible fixed assets +€6,672
up €6,672 (+32.3%), from €20,640 to €27,312
of which Furniture and vehicles: +€7,190
- Profit (loss) carried forward +€99,933
new in 2025: €99,933
- Other debts -€5,430
down €5,430 (-92.1%), from €5,894 to €464
- Trade debts -€5,391
down €5,391 (-23.2%), from €23,271 to €17,880
- Accrued charges and deferred income +€5,100
up €5,100, from €0 to €5,100
- Depreciation -€62,884
down €62,884 (-89.8%), from €70,013 to €7,129
- Gross operating margin +€25,326
up €25,326 (+4.6%), from €548,607 to €573,933
- Taxes +€20,158
up €20,158 (+148.7%), from €13,552 to €33,710
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 | €258,449 | €352,301 | +€93,852 | +36.3% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €20,640 | €27,312 | +€6,672 | +32.3% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €20,640 | €27,312 | +€6,672 | +32.3% |
| Plant, machinery and equipment | 23 | €1,075 | €557 | -€518 | -48.2% |
| Furniture and vehicles | 24 | €19,565 | €26,755 | +€7,190 | +36.7% |
| Current assets | 29/58 | €237,809 | €324,989 | +€87,180 | +36.7% |
| Stocks and contracts in progress | 3 | €13,102 | €11,690 | -€1,412 | -10.8% |
| Stocks | 30/36 | €13,102 | €11,690 | -€1,412 | -10.8% |
| Amounts receivable within one year | 40/41 | €9,951 | €53,306 | +€43,355 | +435.7% |
| Trade receivables | 40 | €172 | €0 | -€172 | -100.0% |
| Other amounts receivable | 41 | €9,779 | €53,306 | +€43,527 | +445.1% |
| Cash at bank and in hand | 54/58 | €211,476 | €256,190 | +€44,714 | +21.1% |
| Deferred charges and accrued income | 490/1 | €3,280 | €3,803 | +€523 | +16.0% |
| Total equity and liabilities | 10/49 | €258,449 | €352,301 | +€93,852 | +36.3% |
| Equity | 10/15 | €160,771 | €260,704 | +€99,933 | +62.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €142,171 | €142,171 | = | 0.0% |
| Distributable reserves | 133 | €142,171 | €142,171 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | €99,933 | +€99,933 | |
| Amounts payable | 17/49 | €97,678 | €91,597 | -€6,081 | -6.2% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €97,678 | €86,497 | -€11,181 | -11.4% |
| Current portion of amounts payable after more than one year | 42 | €2,745 | €0 | -€2,745 | -100.0% |
| Trade debts | 44 | €23,271 | €17,880 | -€5,391 | -23.2% |
| Suppliers | 440/4 | €23,271 | €17,880 | -€5,391 | -23.2% |
| Taxes, remuneration and social security | 45 | €65,768 | €68,153 | +€2,385 | +3.6% |
| Taxes | 450/3 | €34,135 | €36,220 | +€2,085 | +6.1% |
| Remuneration and social security | 454/9 | €31,633 | €31,932 | +€300 | +0.9% |
| Other amounts payable | 47/48 | €5,894 | €464 | -€5,430 | -92.1% |
| Accrued charges and deferred income | 492/3 | €0 | €5,100 | +€5,100 | |
| Remuneration, social security and pensions | 62 | €423,651 | €422,234 | -€1,417 | -0.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €70,013 | €7,129 | -€62,884 | -89.8% |
| Other operating charges | 640/8 | €7,155 | €10,422 | +€3,267 | +45.7% |
| Gross operating margin | 9900 | €548,607 | €573,933 | +€25,326 | +4.6% |
| Operating profit (loss) | 9901 | €47,789 | €134,148 | +€86,359 | +180.7% |
| Financial income | 75/76B | €1,495 | €627 | -€868 | -58.1% |
| Recurring financial income | 75 | €1,495 | €627 | -€868 | -58.1% |
| Financial charges | 65/66B | €1,548 | €1,132 | -€416 | -26.9% |
| Recurring financial charges | 65 | €1,548 | €1,132 | -€416 | -26.9% |
| Profit (loss) for the period before taxes | 9903 | €47,736 | €133,643 | +€85,907 | +180.0% |
| Income taxes | 67/77 | €13,552 | €33,710 | +€20,158 | +148.7% |
| Profit (loss) for the period | 9904 | €34,184 | €99,933 | +€65,750 | +192.3% |
| Profit (loss) for the period to be appropriated | 9905 | €34,184 | €99,933 | +€65,750 | +192.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.