FITHOKO: 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.
FITHOKO
Largest movements
- Receivables within one year +€903,496
up €903,496 (+562.7%), from €160,550 to €1.1m
of which Other amounts receivable: +€916,376
- Financial fixed assets -€432,051
down €432,051 (-33.4%), from €1.3m to €860,674
- Cash +€30,894
up €30,894 (+113.8%), from €27,138 to €58,032
mainly Net result for the year (+€524,735) and Investment in fixed assets (net) (+€432,051)
- Reserves +€524,735
up €524,735 (+84.5%), from €621,044 to €1.1m
of which Distributable reserves: +€524,735
- Debts after one year -€81,290
down €81,290 (-21.8%), from €372,055 to €290,764
of which Financial debts: -€81,290
- Tax, wage and social debts +€42,757
up €42,757 (+336.8%), from €12,697 to €55,453
of which Taxes: +€44,935
- Other debts -€30,721
down €30,721 (-10.3%), from €298,073 to €267,352
- Financial income +€567,950
new in 2025: €567,950
of which Non-recurring financial income: +€567,949
- Taxes +€44,304
up €44,304 (+392.6%), from €11,285 to €55,589
- Gross operating margin -€39,806
down €39,806 (-29.4%), from €135,225 to €95,419
- Financial charges -€7,421
down €7,421 (-22.4%), from €33,067 to €25,646
- Staff costs -€5,773
down €5,773 (-16.8%), from €34,440 to €28,667
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 | €2,402,811 | €2,877,173 | +€474,362 | +19.7% |
| Fixed assets | 21/28 | €2,209,075 | €1,751,119 | -€457,956 | -20.7% |
| Tangible fixed assets | 22/27 | €916,350 | €890,445 | -€25,905 | -2.8% |
| Land and buildings | 22 | €903,973 | €883,046 | -€20,927 | -2.3% |
| Plant, machinery and equipment | 23 | €900 | - | -€900 | |
| Furniture and vehicles | 24 | €11,477 | €7,400 | -€4,078 | -35.5% |
| Financial fixed assets | 28 | €1,292,725 | €860,674 | -€432,051 | -33.4% |
| Current assets | 29/58 | €193,736 | €1,126,054 | +€932,318 | +481.2% |
| Amounts receivable within one year | 40/41 | €160,550 | €1,064,046 | +€903,496 | +562.7% |
| Trade receivables | 40 | €76,835 | €63,954 | -€12,881 | -16.8% |
| Other amounts receivable | 41 | €83,715 | €1,000,092 | +€916,376 | +1094.6% |
| Cash at bank and in hand | 54/58 | €27,138 | €58,032 | +€30,894 | +113.8% |
| Deferred charges and accrued income | 490/1 | €6,048 | €3,976 | -€2,072 | -34.3% |
| Total equity and liabilities | 10/49 | €2,402,811 | €2,877,173 | +€474,362 | +19.7% |
| Equity | 10/15 | €1,497,160 | €2,021,895 | +€524,735 | +35.0% |
| Contributions | 10/11 | €161,131 | €161,131 | = | 0.0% |
| Capital | 10 | €161,131 | €161,131 | = | 0.0% |
| Issued capital | 100 | €161,131 | €161,131 | = | 0.0% |
| Reserves | 13 | €621,044 | €1,145,779 | +€524,735 | +84.5% |
| Non-distributable reserves | 130/1 | €16,113 | €16,113 | = | 0.0% |
| Legal reserve | 130 | €16,113 | €16,113 | = | 0.0% |
| Tax-exempt reserves | 132 | €590 | €590 | = | 0.0% |
| Distributable reserves | 133 | €604,341 | €1,129,076 | +€524,735 | +86.8% |
| Profit (loss) carried forward | 14 | €714,985 | €714,985 | = | 0.0% |
| Amounts payable | 17/49 | €905,651 | €855,278 | -€50,373 | -5.6% |
| Amounts payable after more than one year | 17 | €372,055 | €290,764 | -€81,290 | -21.8% |
| Financial debts | 170/4 | €367,580 | €286,289 | -€81,290 | -22.1% |
| Other amounts payable | 178/9 | €4,475 | €4,475 | = | 0.0% |
| Amounts payable within one year | 42/48 | €355,117 | €366,754 | +€11,637 | +3.3% |
| Current portion of amounts payable after more than one year | 42 | €40,561 | €41,232 | +€671 | +1.7% |
| Trade debts | 44 | €3,787 | €2,717 | -€1,070 | -28.3% |
| Suppliers | 440/4 | €3,787 | €2,717 | -€1,070 | -28.3% |
| Taxes, remuneration and social security | 45 | €12,697 | €55,453 | +€42,757 | +336.8% |
| Taxes | 450/3 | €7,871 | €52,805 | +€44,935 | +570.9% |
| Remuneration and social security | 454/9 | €4,826 | €2,648 | -€2,178 | -45.1% |
| Other amounts payable | 47/48 | €298,073 | €267,352 | -€30,721 | -10.3% |
| Accrued charges and deferred income | 492/3 | €178,479 | €197,759 | +€19,280 | +10.8% |
| Remuneration, social security and pensions | 62 | €34,440 | €28,667 | -€5,773 | -16.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,550 | €25,905 | -€3,645 | -12.3% |
| Other operating charges | 640/8 | €2,764 | €2,827 | +€63 | +2.3% |
| Gross operating margin | 9900 | €135,225 | €95,419 | -€39,806 | -29.4% |
| Operating profit (loss) | 9901 | €68,470 | €38,020 | -€30,450 | -44.5% |
| Financial income | 75/76B | - | €567,950 | +€567,950 | |
| Recurring financial income | 75 | - | €1 | +€1 | |
| Non-recurring financial income | 76B | - | €567,949 | +€567,949 | |
| Financial charges | 65/66B | €33,067 | €25,646 | -€7,421 | -22.4% |
| Recurring financial charges | 65 | €33,067 | €25,646 | -€7,421 | -22.4% |
| Profit (loss) for the period before taxes | 9903 | €35,403 | €580,324 | +€544,921 | +1539.2% |
| Income taxes | 67/77 | €11,285 | €55,589 | +€44,304 | +392.6% |
| Profit (loss) for the period | 9904 | €24,119 | €524,735 | +€500,617 | +2075.7% |
| Profit (loss) for the period to be appropriated | 9905 | €24,119 | €524,735 | +€500,617 | +2075.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.