FITRACUS: 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.
FITRACUS
Largest movements
- Tangible fixed assets +€170,915
up €170,915 (+1,293%), from €13,216 to €184,131
of which Other tangible fixed assets: +€111,702
- Receivables within one year -€19,877
down €19,877 (-10.9%), from €181,621 to €161,743
of which Other amounts receivable: -€31,333
- Deferred charges and accrued income +€18,302
up €18,302 (+46.1%), from €39,710 to €58,013
- Cash +€7,983
up €7,983 (+5.2%), from €153,811 to €161,794
mainly Net result for the year (+€166,867) and Tax, wage and social debts (+€56,365)
- Reserves +€166,867
up €166,867 (+186%), from €89,640 to €256,506
of which Distributable reserves: +€160,381
- Tax, wage and social debts +€56,365
up €56,365 (+68.7%), from €82,053 to €138,418
of which Taxes: +€54,296
- Trade debts -€37,256
down €37,256 (-85.5%), from €43,566 to €6,311
- Other debts -€23,842
down €23,842 (-90.7%), from €26,298 to €2,456
- Accrued charges and deferred income +€12,725
new in 2025: €12,725
- Gross operating margin +€143,029
up €143,029 (+20.3%), from €704,350 to €847,379
- Taxes +€46,646
up €46,646 (+195%), from €23,912 to €70,559
- Staff costs -€22,276
down €22,276 (-3.9%), from €570,397 to €548,120
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 | €403,874 | €578,346 | +€174,472 | +43.2% |
| Fixed assets | 21/28 | €28,731 | €196,796 | +€168,065 | +585% |
| Intangible fixed assets | 21 | €15,515 | €12,665 | -€2,850 | -18.4% |
| Tangible fixed assets | 22/27 | €13,216 | €184,131 | +€170,915 | +1,293% |
| Plant, machinery and equipment | 23 | - | €23,586 | +€23,586 | |
| Furniture and vehicles | 24 | €9,280 | €44,907 | +€35,627 | +384% |
| Other tangible fixed assets | 26 | €3,936 | €115,638 | +€111,702 | +2,838% |
| Current assets | 29/58 | €375,142 | €381,550 | +€6,408 | +1.7% |
| Amounts receivable within one year | 40/41 | €181,621 | €161,743 | -€19,877 | -10.9% |
| Trade receivables | 40 | €150,105 | €161,561 | +€11,456 | +7.6% |
| Other amounts receivable | 41 | €31,516 | €183 | -€31,333 | -99.4% |
| Cash at bank and in hand | 54/58 | €153,811 | €161,794 | +€7,983 | +5.2% |
| Deferred charges and accrued income | 490/1 | €39,710 | €58,013 | +€18,302 | +46.1% |
| Total equity and liabilities | 10/49 | €403,874 | €578,346 | +€174,472 | +43.2% |
| Equity | 10/15 | €152,603 | €319,470 | +€166,867 | +109% |
| Contributions | 10/11 | €62,964 | €62,964 | = | 0.0% |
| Reserves | 13 | €89,640 | €256,506 | +€166,867 | +186% |
| Tax-exempt reserves | 132 | €6,003 | €12,488 | +€6,485 | +108% |
| Distributable reserves | 133 | €83,637 | €244,018 | +€160,381 | +192% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Provisions and deferred taxes | 16 | €99,353 | €98,965 | -€387 | -0.4% |
| Provisions for liabilities and charges | 160/5 | €97,352 | €94,803 | -€2,549 | -2.6% |
| Other liabilities and charges | 164/5 | €97,352 | €94,803 | -€2,549 | -2.6% |
| Deferred taxes | 168 | €2,001 | €4,163 | +€2,162 | +108% |
| Amounts payable | 17/49 | €151,918 | €159,910 | +€7,993 | +5.3% |
| Amounts payable within one year | 42/48 | €151,918 | €147,185 | -€4,732 | -3.1% |
| Trade debts | 44 | €43,566 | €6,311 | -€37,256 | -85.5% |
| Suppliers | 440/4 | €43,566 | €6,311 | -€37,256 | -85.5% |
| Taxes, remuneration and social security | 45 | €82,053 | €138,418 | +€56,365 | +68.7% |
| Taxes | 450/3 | €1,261 | €55,558 | +€54,296 | +4,305% |
| Remuneration and social security | 454/9 | €80,792 | €82,861 | +€2,069 | +2.6% |
| Other amounts payable | 47/48 | €26,298 | €2,456 | -€23,842 | -90.7% |
| Accrued charges and deferred income | 492/3 | - | €12,725 | +€12,725 | |
| Non-recurring operating income | 76A | €13,299 | €14,500 | +€1,201 | +9.0% |
| Remuneration, social security and pensions | 62 | €570,397 | €548,120 | -€22,276 | -3.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,985 | €18,804 | +€5,818 | +44.8% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | -€2,530 | -€2,549 | -€19 | -0.7% |
| Other operating charges | 640/8 | €23,785 | €22,760 | -€1,025 | -4.3% |
| Gross operating margin | 9900 | €704,350 | €847,379 | +€143,029 | +20.3% |
| Operating profit (loss) | 9901 | €99,713 | €260,244 | +€160,531 | +161% |
| Financial income | 75/76B | €1,673 | €1,796 | +€122 | +7.3% |
| Recurring financial income | 75 | €1,673 | €1,796 | +€122 | +7.3% |
| Financial charges | 65/66B | €21,332 | €22,453 | +€1,121 | +5.3% |
| Recurring financial charges | 65 | €21,332 | €22,453 | +€1,121 | +5.3% |
| Profit (loss) for the period before taxes | 9903 | €80,055 | €239,587 | +€159,532 | +199% |
| Transfer from deferred taxes | 780 | €69 | €371 | +€302 | +437% |
| Transfer to deferred taxes | 680 | €2,070 | €2,533 | +€463 | +22.3% |
| Income taxes | 67/77 | €23,912 | €70,559 | +€46,646 | +195% |
| Profit (loss) for the period | 9904 | €54,141 | €166,867 | +€112,725 | +208% |
| Transfer from tax-exempt reserves | 789 | €207 | €1,112 | +€905 | +437% |
| Transfer to tax-exempt reserves | 689 | €6,210 | €7,598 | +€1,388 | +22.3% |
| Profit (loss) for the period to be appropriated | 9905 | €48,138 | €160,381 | +€112,243 | +233% |
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 27 October 2026 via checked.be.