FITTER: 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.
FITTER
Largest movements
- Cash +€153,689
up €153,689 (+89.5%), from €171,753 to €325,442
mainly Net result for the year (+€166,577) and Short-term financial debts (+€78,121)
- Intangible fixed assets -€40,520
down €40,520 (-13.3%), from €303,723 to €263,203
- Profit (loss) carried forward +€166,577
up €166,577 (+76.3%), from -€218,432 to -€51,855
- Debts after one year -€114,735
down €114,735 (-28.2%), from €406,503 to €291,768
- Short-term financial debts +€78,121
up €78,121 (+179.6%), from €43,497 to €121,619
- Gross operating margin +€227,544
up €227,544 (+978.7%), from €23,250 to €250,794
- Financial income +€57,117
up €57,117 (+613501.9%), from €9 to €57,126
- Staff costs -€25,329
down €25,329 (-60.3%), from €42,028 to €16,699
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 | €561,874 | €681,747 | +€119,874 | +21.3% |
| Fixed assets | 21/28 | €305,784 | €265,552 | -€40,232 | -13.2% |
| Intangible fixed assets | 21 | €303,723 | €263,203 | -€40,520 | -13.3% |
| Tangible fixed assets | 22/27 | €2,061 | €2,349 | +€288 | +14.0% |
| Furniture and vehicles | 24 | €2,061 | €2,349 | +€288 | +14.0% |
| Current assets | 29/58 | €256,090 | €416,195 | +€160,105 | +62.5% |
| Stocks and contracts in progress | 3 | €2,212 | €2,212 | = | 0.0% |
| Stocks | 30/36 | €2,212 | €2,212 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €81,060 | €87,317 | +€6,258 | +7.7% |
| Trade receivables | 40 | €43,538 | €46,624 | +€3,086 | +7.1% |
| Other amounts receivable | 41 | €37,522 | €40,693 | +€3,171 | +8.5% |
| Cash at bank and in hand | 54/58 | €171,753 | €325,442 | +€153,689 | +89.5% |
| Deferred charges and accrued income | 490/1 | €1,066 | €1,225 | +€159 | +14.9% |
| Total equity and liabilities | 10/49 | €561,874 | €681,747 | +€119,874 | +21.3% |
| Equity | 10/15 | €62,768 | €229,345 | +€166,577 | +265.4% |
| Contributions | 10/11 | €281,200 | €281,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€218,432 | -€51,855 | +€166,577 | +76.3% |
| Amounts payable | 17/49 | €499,105 | €452,402 | -€46,703 | -9.4% |
| Amounts payable after more than one year | 17 | €406,503 | €291,768 | -€114,735 | -28.2% |
| Financial debts | 170/4 | €406,503 | €291,768 | -€114,735 | -28.2% |
| Amounts payable within one year | 42/48 | €89,513 | €157,540 | +€68,027 | +76.0% |
| Financial debts | 43 | €43,497 | €121,619 | +€78,121 | +179.6% |
| Credit institutions | 430/8 | €43,497 | €121,619 | +€78,121 | +179.6% |
| Trade debts | 44 | €40,015 | €33,768 | -€6,248 | -15.6% |
| Suppliers | 440/4 | €40,015 | €33,768 | -€6,248 | -15.6% |
| Taxes, remuneration and social security | 45 | - | €2,153 | +€2,153 | |
| Taxes | 450/3 | - | €34 | +€34 | |
| Remuneration and social security | 454/9 | - | €2,119 | +€2,119 | |
| Other amounts payable | 47/48 | €6,000 | - | -€6,000 | |
| Accrued charges and deferred income | 492/3 | €3,090 | €3,095 | +€5 | +0.2% |
| Remuneration, social security and pensions | 62 | €42,028 | €16,699 | -€25,329 | -60.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €57,118 | €55,963 | -€1,156 | -2.0% |
| Other operating charges | 640/8 | - | €231 | +€231 | |
| Non-recurring operating charges | 66A | - | €51,184 | +€51,184 | |
| Gross operating margin | 9900 | €23,250 | €250,794 | +€227,544 | +978.7% |
| Operating profit (loss) | 9901 | -€75,897 | €126,717 | +€202,613 | |
| Financial income | 75/76B | €9 | €57,126 | +€57,117 | +613501.9% |
| Recurring financial income | 75 | €9 | €57,126 | +€57,117 | +613501.9% |
| Financial charges | 65/66B | €17,076 | €17,232 | +€156 | +0.9% |
| Recurring financial charges | 65 | €17,076 | €17,232 | +€156 | +0.9% |
| Profit (loss) for the period before taxes | 9903 | -€92,964 | €166,611 | +€259,574 | |
| Income taxes | 67/77 | €0 | €34 | +€34 | +84500.0% |
| Profit (loss) for the period | 9904 | -€92,964 | €166,577 | +€259,540 | |
| Profit (loss) for the period to be appropriated | 9905 | -€92,964 | €166,577 | +€259,540 |
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 10 October 2026 via checked.be.