Fiti Law: what changed
Fiti Law
Largest movements
- Cash +€72,797
up €72,797 (+816%), from €8,926 to €81,723
mainly Net result for the year (+€87,606) and Tax, wage and social debts (+€26,213)
- Receivables within one year +€32,785
up €32,785 (+15.0%), from €218,821 to €251,606
of which Other amounts receivable: +€47,139
- Profit (loss) carried forward +€87,606
up €87,606 (+55.4%), from €158,133 to €245,739
- Tax, wage and social debts +€26,213
up €26,213 (+39.3%), from €66,772 to €92,985
- Trade debts -€8,030
down €8,030 (-60.3%), from €13,323 to €5,293
- Gross operating margin -€110,056
down €110,056 (-51.2%), from €215,030 to €104,974
- Taxes -€28,586
down €28,586 (-52.3%), from €54,708 to €26,122
- Depreciation -€6,269
down €6,269 (-100%), from €6,269 to €0
- Financial income +€2,446
up €2,446 (+28.6%), from €8,555 to €11,001
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €241,228 | €347,017 | +€105,789 | +43.9% |
| Fixed assets | 21/28 | €10,785 | €13,560 | +€2,776 | +25.7% |
| Tangible fixed assets | 22/27 | €10,785 | €13,560 | +€2,776 | +25.7% |
| Furniture and vehicles | 24 | €6,585 | €0 | -€6,585 | -100% |
| Other tangible fixed assets | 26 | €4,200 | €13,560 | +€9,360 | +223% |
| Current assets | 29/58 | €230,444 | €333,456 | +€103,013 | +44.7% |
| Amounts receivable within one year | 40/41 | €218,821 | €251,606 | +€32,785 | +15.0% |
| Trade receivables | 40 | €46,829 | €32,475 | -€14,354 | -30.7% |
| Other amounts receivable | 41 | €171,992 | €219,131 | +€47,139 | +27.4% |
| Cash at bank and in hand | 54/58 | €8,926 | €81,723 | +€72,797 | +816% |
| Deferred charges and accrued income | 490/1 | €2,696 | €127 | -€2,569 | -95.3% |
| Total equity and liabilities | 10/49 | €241,228 | €347,017 | +€105,789 | +43.9% |
| Equity | 10/15 | €161,133 | €248,739 | +€87,606 | +54.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €158,133 | €245,739 | +€87,606 | +55.4% |
| Amounts payable | 17/49 | €80,095 | €98,278 | +€18,183 | +22.7% |
| Amounts payable within one year | 42/48 | €80,095 | €98,278 | +€18,183 | +22.7% |
| Trade debts | 44 | €13,323 | €5,293 | -€8,030 | -60.3% |
| Suppliers | 440/4 | €13,323 | €5,293 | -€8,030 | -60.3% |
| Taxes, remuneration and social security | 45 | €66,772 | €92,985 | +€26,213 | +39.3% |
| Taxes | 450/3 | €66,772 | €92,985 | +€26,213 | +39.3% |
| Non-recurring operating income | 76A | - | €11,515 | +€11,515 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,269 | €0 | -€6,269 | -100% |
| Other operating charges | 640/8 | €3,178 | €1,609 | -€1,569 | -49.4% |
| Gross operating margin | 9900 | €215,030 | €104,974 | -€110,056 | -51.2% |
| Operating profit (loss) | 9901 | €205,584 | €103,366 | -€102,218 | -49.7% |
| Financial income | 75/76B | €8,555 | €11,001 | +€2,446 | +28.6% |
| Recurring financial income | 75 | €8,555 | €11,001 | +€2,446 | +28.6% |
| Financial charges | 65/66B | €1,298 | €640 | -€658 | -50.7% |
| Recurring financial charges | 65 | €1,298 | €640 | -€658 | -50.7% |
| Profit (loss) for the period before taxes | 9903 | €212,841 | €113,727 | -€99,114 | -46.6% |
| Income taxes | 67/77 | €54,708 | €26,122 | -€28,586 | -52.3% |
| Profit (loss) for the period | 9904 | €158,133 | €87,606 | -€70,527 | -44.6% |
| Profit (loss) for the period to be appropriated | 9905 | €158,133 | €87,606 | -€70,527 | -44.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.