FITNESS MHP: 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.
FITNESS MHP
Largest movements
- Receivables within one year +€142,007
up €142,007 (+210%), from €67,569 to €209,576
of which Other amounts receivable: +€144,585
- Cash -€38,882
down €38,882 (-32.8%), from €118,498 to €79,616
mainly Receivables within one year (-€142,007) and Contributions, distributions and other (-€24,950)
- Financial fixed assets -€8,250
down €8,250 (-89.0%), from €9,270 to €1,020
- Tangible fixed assets -€4,059
down €4,059 (-5.1%), from €79,289 to €75,230
of which Plant, machinery and equipment: -€13,181
- Reserves +€65,540
up €65,540 (+48.0%), from €136,652 to €202,192
- Other debts +€24,950
new in 2025: €24,950
- Advances received -€9,979
no longer reported in 2025 (was €9,979)
- Tax, wage and social debts +€9,344
up €9,344 (+36.9%), from €25,325 to €34,669
of which Taxes: +€8,579
- Trade debts +€7,176
up €7,176 (+25.3%), from €28,381 to €35,558
- Gross operating margin +€34,498
up €34,498 (+16.3%), from €211,952 to €246,451
- Staff costs -€31,308
down €31,308 (-30.8%), from €101,519 to €70,210
- Taxes +€12,359
up €12,359 (+55.9%), from €22,116 to €34,475
- Other operating charges +€10,411
up €10,411 (+189%), from €5,498 to €15,909
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 | €276,607 | €368,652 | +€92,045 | +33.3% |
| Fixed assets | 21/28 | €88,559 | €76,250 | -€12,309 | -13.9% |
| Tangible fixed assets | 22/27 | €79,289 | €75,230 | -€4,059 | -5.1% |
| Plant, machinery and equipment | 23 | €53,264 | €40,083 | -€13,181 | -24.7% |
| Furniture and vehicles | 24 | €3,968 | €2,497 | -€1,470 | -37.1% |
| Other tangible fixed assets | 26 | €22,058 | €32,650 | +€10,592 | +48.0% |
| Financial fixed assets | 28 | €9,270 | €1,020 | -€8,250 | -89.0% |
| Current assets | 29/58 | €188,048 | €292,402 | +€104,354 | +55.5% |
| Amounts receivable within one year | 40/41 | €67,569 | €209,576 | +€142,007 | +210% |
| Trade receivables | 40 | €11,013 | €8,434 | -€2,578 | -23.4% |
| Other amounts receivable | 41 | €56,556 | €201,142 | +€144,585 | +256% |
| Cash at bank and in hand | 54/58 | €118,498 | €79,616 | -€38,882 | -32.8% |
| Deferred charges and accrued income | 490/1 | €1,981 | €3,210 | +€1,229 | +62.0% |
| Total equity and liabilities | 10/49 | €276,607 | €368,652 | +€92,045 | +33.3% |
| Equity | 10/15 | €188,768 | €254,308 | +€65,540 | +34.7% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €136,652 | €202,192 | +€65,540 | +48.0% |
| Distributable reserves | 133 | €136,652 | €202,192 | +€65,540 | +48.0% |
| Profit (loss) carried forward | 14 | €31,656 | €31,656 | = | 0.0% |
| Amounts payable | 17/49 | €87,839 | €114,344 | +€26,505 | +30.2% |
| Amounts payable after more than one year | 17 | €6,314 | €5,679 | -€635 | -10.1% |
| Financial debts | 170/4 | €1,734 | €5,679 | +€3,945 | +227% |
| Other amounts payable | 178/9 | €4,580 | - | -€4,580 | |
| Amounts payable within one year | 42/48 | €81,525 | €108,665 | +€27,140 | +33.3% |
| Current portion of amounts payable after more than one year | 42 | €12,360 | €10,084 | -€2,276 | -18.4% |
| Financial debts | 43 | €5,480 | €3,404 | -€2,076 | -37.9% |
| Credit institutions | 430/8 | €5,480 | €3,404 | -€2,076 | -37.9% |
| Trade debts | 44 | €28,381 | €35,558 | +€7,176 | +25.3% |
| Suppliers | 440/4 | €28,381 | €35,558 | +€7,176 | +25.3% |
| Advances received on contracts in progress | 46 | €9,979 | - | -€9,979 | |
| Taxes, remuneration and social security | 45 | €25,325 | €34,669 | +€9,344 | +36.9% |
| Taxes | 450/3 | €7,274 | €15,853 | +€8,579 | +118% |
| Remuneration and social security | 454/9 | €18,051 | €18,816 | +€765 | +4.2% |
| Other amounts payable | 47/48 | - | €24,950 | +€24,950 | |
| Non-recurring operating income | 76A | - | €7,516 | +€7,516 | |
| Remuneration, social security and pensions | 62 | €101,519 | €70,210 | -€31,308 | -30.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,074 | €34,400 | -€674 | -1.9% |
| Other operating charges | 640/8 | €5,498 | €15,909 | +€10,411 | +189% |
| Gross operating margin | 9900 | €211,952 | €246,451 | +€34,498 | +16.3% |
| Operating profit (loss) | 9901 | €69,862 | €125,931 | +€56,070 | +80.3% |
| Financial income | 75/76B | €955 | €2,036 | +€1,081 | +113% |
| Recurring financial income | 75 | €955 | €2,036 | +€1,081 | +113% |
| Financial charges | 65/66B | €3,797 | €3,002 | -€794 | -20.9% |
| Recurring financial charges | 65 | €3,797 | €3,002 | -€794 | -20.9% |
| Profit (loss) for the period before taxes | 9903 | €67,020 | €124,965 | +€57,946 | +86.5% |
| Income taxes | 67/77 | €22,116 | €34,475 | +€12,359 | +55.9% |
| Profit (loss) for the period | 9904 | €44,904 | €90,490 | +€45,586 | +102% |
| Profit (loss) for the period to be appropriated | 9905 | €44,904 | €90,490 | +€45,586 | +102% |
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 1 November 2026 via checked.be.