FITOM: 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.
FITOM
Largest movements
- Current investments +€199,980
new in 2025: €199,980
- Cash -€71,754
down €71,754 (-33.2%), from €216,175 to €144,420
mainly Current investments (-€199,980) and Investment in fixed assets (net) (-€124,728)
- Tangible fixed assets +€39,463
up €39,463 (+20.0%), from €197,769 to €237,232
of which Furniture and vehicles: +€55,524
- Reserves +€157,073
up €157,073 (+37.5%), from €418,947 to €576,020
- Tax, wage and social debts -€25,638
down €25,638 (-42.9%), from €59,771 to €34,132
- Debts after one year +€23,643
up €23,643 (+48.9%), from €48,399 to €72,042
- Current portion of long-term debt +€10,411
up €10,411 (+49.4%), from €21,070 to €31,481
- Gross operating margin +€38,593
up €38,593 (+14.0%), from €274,903 to €313,497
- Depreciation +€17,359
up €17,359 (+25.6%), from €67,906 to €85,265
- Taxes +€5,165
up €5,165 (+8.7%), from €59,493 to €64,659
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 | €574,953 | €746,431 | +€171,478 | +29.8% |
| Fixed assets | 21/28 | €197,769 | €237,232 | +€39,463 | +20.0% |
| Tangible fixed assets | 22/27 | €197,769 | €237,232 | +€39,463 | +20.0% |
| Plant, machinery and equipment | 23 | €104,956 | €103,961 | -€995 | -0.9% |
| Furniture and vehicles | 24 | €55,377 | €110,901 | +€55,524 | +100.3% |
| Leasing and similar rights | 25 | €9,905 | €3,705 | -€6,201 | -62.6% |
| Other tangible fixed assets | 26 | €27,531 | €18,665 | -€8,866 | -32.2% |
| Current assets | 29/58 | €377,183 | €509,199 | +€132,016 | +35.0% |
| Stocks and contracts in progress | 3 | €54,508 | €60,915 | +€6,408 | +11.8% |
| Stocks | 30/36 | €54,508 | €60,915 | +€6,408 | +11.8% |
| Amounts receivable within one year | 40/41 | €102,394 | €95,114 | -€7,280 | -7.1% |
| Trade receivables | 40 | €72,317 | €62,742 | -€9,575 | -13.2% |
| Other amounts receivable | 41 | €30,077 | €32,372 | +€2,295 | +7.6% |
| Current investments | 50/53 | - | €199,980 | +€199,980 | |
| Cash at bank and in hand | 54/58 | €216,175 | €144,420 | -€71,754 | -33.2% |
| Deferred charges and accrued income | 490/1 | €4,107 | €8,770 | +€4,663 | +113.5% |
| Total equity and liabilities | 10/49 | €574,953 | €746,431 | +€171,478 | +29.8% |
| Equity | 10/15 | €437,947 | €595,020 | +€157,073 | +35.9% |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €418,947 | €576,020 | +€157,073 | +37.5% |
| Distributable reserves | 133 | €418,947 | €576,020 | +€157,073 | +37.5% |
| Amounts payable | 17/49 | €137,006 | €151,411 | +€14,405 | +10.5% |
| Amounts payable after more than one year | 17 | €48,399 | €72,042 | +€23,643 | +48.9% |
| Financial debts | 170/4 | €48,399 | €72,042 | +€23,643 | +48.9% |
| Amounts payable within one year | 42/48 | €88,607 | €79,368 | -€9,239 | -10.4% |
| Current portion of amounts payable after more than one year | 42 | €21,070 | €31,481 | +€10,411 | +49.4% |
| Trade debts | 44 | €5,969 | €11,882 | +€5,914 | +99.1% |
| Suppliers | 440/4 | €5,969 | €11,882 | +€5,914 | +99.1% |
| Taxes, remuneration and social security | 45 | €59,771 | €34,132 | -€25,638 | -42.9% |
| Taxes | 450/3 | €59,771 | €34,132 | -€25,638 | -42.9% |
| Other amounts payable | 47/48 | €1,798 | €1,873 | +€75 | +4.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €67,906 | €85,265 | +€17,359 | +25.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €150 | +€150 | |
| Other operating charges | 640/8 | €2,692 | €3,295 | +€603 | +22.4% |
| Gross operating margin | 9900 | €274,903 | €313,497 | +€38,593 | +14.0% |
| Operating profit (loss) | 9901 | €204,306 | €224,787 | +€20,481 | +10.0% |
| Financial income | 75/76B | €495 | €146 | -€349 | -70.6% |
| Recurring financial income | 75 | €495 | €146 | -€349 | -70.6% |
| Financial charges | 65/66B | €1,637 | €3,200 | +€1,564 | +95.5% |
| Recurring financial charges | 65 | €1,637 | €3,200 | +€1,564 | +95.5% |
| Profit (loss) for the period before taxes | 9903 | €203,164 | €221,732 | +€18,568 | +9.1% |
| Income taxes | 67/77 | €59,493 | €64,659 | +€5,165 | +8.7% |
| Profit (loss) for the period | 9904 | €143,671 | €157,073 | +€13,403 | +9.3% |
| Profit (loss) for the period to be appropriated | 9905 | €143,671 | €157,073 | +€13,403 | +9.3% |
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 12 October 2026 via checked.be.