FITS: 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.
FITS
Largest movements
- Tangible fixed assets +€38,573
up €38,573 (+125.6%), from €30,709 to €69,282
of which Other tangible fixed assets: +€37,860
- Cash -€18,780
down €18,780 (-99.9%), from €18,789 to €10
- Receivables within one year +€7,784
up €7,784 (+95.9%), from €8,118 to €15,902
of which Trade receivables: +€9,365
- Profit (loss) carried forward +€20,534
up €20,534 (+89.5%), from €22,952 to €43,486
- Advances received +€11,869
new in 2025: €11,869
- Trade debts -€7,005
down €7,005 (-96.7%), from €7,247 to €243
- Tax, wage and social debts +€4,224
up €4,224 (+47.2%), from €8,943 to €13,167
of which Taxes: +€6,774
- Other debts -€4,032
down €4,032 (-22.9%), from €17,605 to €13,573
- Gross operating margin +€16,576
up €16,576 (+109.6%), from €15,117 to €31,692
- Taxes +€6,220
up €6,220 (+1484.3%), from €419 to €6,639
- Depreciation +€3,835
up €3,835 (+113.4%), from €3,381 to €7,216
From the 2023 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
A cash bridge needs two consecutive fiscal years: one year's result and depreciation cannot explain a change over several years. Pick two years that follow each other.
Every line side by side
| Line | Code | 2023 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €57,748 | €85,338 | +€27,590 | +47.8% |
| Fixed assets | 21/28 | €30,709 | €69,282 | +€38,573 | +125.6% |
| Tangible fixed assets | 22/27 | €30,709 | €69,282 | +€38,573 | +125.6% |
| Furniture and vehicles | 24 | €5,662 | €6,375 | +€713 | +12.6% |
| Other tangible fixed assets | 26 | €25,047 | €62,907 | +€37,860 | +151.2% |
| Current assets | 29/58 | €27,039 | €16,057 | -€10,982 | -40.6% |
| Amounts receivable within one year | 40/41 | €8,118 | €15,902 | +€7,784 | +95.9% |
| Trade receivables | 40 | €6,537 | €15,902 | +€9,365 | +143.3% |
| Other amounts receivable | 41 | €1,581 | - | -€1,581 | |
| Cash at bank and in hand | 54/58 | €18,789 | €10 | -€18,780 | -99.9% |
| Deferred charges and accrued income | 490/1 | €131 | €145 | +€13 | +9.9% |
| Total equity and liabilities | 10/49 | €57,748 | €85,338 | +€27,590 | +47.8% |
| Equity | 10/15 | €23,952 | €46,486 | +€22,534 | +94.1% |
| Contributions | 10/11 | €1,000 | €3,000 | +€2,000 | +200.0% |
| Profit (loss) carried forward | 14 | €22,952 | €43,486 | +€20,534 | +89.5% |
| Amounts payable | 17/49 | €33,796 | €38,852 | +€5,056 | +15.0% |
| Amounts payable within one year | 42/48 | €33,796 | €38,852 | +€5,056 | +15.0% |
| Trade debts | 44 | €7,247 | €243 | -€7,005 | -96.7% |
| Suppliers | 440/4 | €7,247 | €243 | -€7,005 | -96.7% |
| Advances received on contracts in progress | 46 | - | €11,869 | +€11,869 | |
| Taxes, remuneration and social security | 45 | €8,943 | €13,167 | +€4,224 | +47.2% |
| Taxes | 450/3 | €6,393 | €13,167 | +€6,774 | +106.0% |
| Remuneration and social security | 454/9 | €2,550 | - | -€2,550 | |
| Other amounts payable | 47/48 | €17,605 | €13,573 | -€4,032 | -22.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,381 | €7,216 | +€3,835 | +113.4% |
| Other operating charges | 640/8 | €528 | €700 | +€172 | +32.6% |
| Gross operating margin | 9900 | €15,117 | €31,692 | +€16,576 | +109.6% |
| Operating profit (loss) | 9901 | €11,208 | €23,776 | +€12,568 | +112.1% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €148 | €42 | -€107 | -71.9% |
| Recurring financial charges | 65 | €148 | €42 | -€107 | -71.9% |
| Profit (loss) for the period before taxes | 9903 | €11,060 | €23,735 | +€12,675 | +114.6% |
| Income taxes | 67/77 | €419 | €6,639 | +€6,220 | +1484.3% |
| Profit (loss) for the period | 9904 | €10,641 | €17,096 | +€6,455 | +60.7% |
| Profit (loss) for the period to be appropriated | 9905 | €10,641 | €17,096 | +€6,455 | +60.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2023 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.