Fitter&Fitter: what changed
Fitter&Fitter
Largest movements
- Tangible fixed assets +€4,263
up €4,263 (+107%), from €3,995 to €8,258
of which Furniture and vehicles: +€4,419
- Cash +€3,645
up €3,645 (+1,499%), from €243 to €3,888
mainly Debts after one year (+€16,000) and Depreciation (+€2,289)
- Deferred charges and accrued income -€1,047
no longer reported in 2025 (was €1,047)
- Debts after one year +€16,000
up €16,000 (+178%), from €9,000 to €25,000
- Other debts -€5,980
down €5,980 (-91.1%), from €6,565 to €585
- Trade debts -€2,940
down €2,940 (-41.9%), from €7,017 to €4,077
- Gross operating margin +€4,120
up €4,120, from -€1,104 to €3,015
- Depreciation +€350
up €350 (+18.1%), from €1,939 to €2,289
- Financial income +€304
up €304 (+1,517,900%), from €0 to €304
- Financial charges -€162
down €162 (-55.3%), from €292 to €131
- Taxes -€31
down €31 (-22.6%), from €138 to €107
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,989 | €15,970 | +€6,981 | +77.7% |
| Fixed assets | 21/28 | €3,995 | €8,258 | +€4,263 | +107% |
| Tangible fixed assets | 22/27 | €3,995 | €8,258 | +€4,263 | +107% |
| Plant, machinery and equipment | 23 | €1,379 | €1,222 | -€156 | -11.3% |
| Furniture and vehicles | 24 | €2,616 | €7,035 | +€4,419 | +169% |
| Current assets | 29/58 | €4,994 | €7,713 | +€2,719 | +54.4% |
| Amounts receivable within one year | 40/41 | €3,704 | €3,825 | +€121 | +3.3% |
| Trade receivables | 40 | €3,500 | €3,710 | +€210 | +6.0% |
| Other amounts receivable | 41 | €204 | €115 | -€89 | -43.8% |
| Cash at bank and in hand | 54/58 | €243 | €3,888 | +€3,645 | +1,499% |
| Deferred charges and accrued income | 490/1 | €1,047 | - | -€1,047 | |
| Total equity and liabilities | 10/49 | €8,989 | €15,970 | +€6,981 | +77.7% |
| Equity | 10/15 | -€13,731 | -€13,797 | -€66 | -0.5% |
| Contributions | 10/11 | €8,000 | €8,000 | = | 0.0% |
| Reserves | 13 | €4,176 | €4,176 | = | 0.0% |
| Distributable reserves | 133 | €4,176 | €4,176 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€25,907 | -€25,973 | -€66 | -0.3% |
| Amounts payable | 17/49 | €22,720 | €29,768 | +€7,047 | +31.0% |
| Amounts payable after more than one year | 17 | €9,000 | €25,000 | +€16,000 | +178% |
| Financial debts | 170/4 | €9,000 | €25,000 | +€16,000 | +178% |
| Amounts payable within one year | 42/48 | €13,720 | €4,768 | -€8,953 | -65.3% |
| Trade debts | 44 | €7,017 | €4,077 | -€2,940 | -41.9% |
| Suppliers | 440/4 | €7,017 | €4,077 | -€2,940 | -41.9% |
| Taxes, remuneration and social security | 45 | €138 | €106 | -€33 | -23.6% |
| Taxes | 450/3 | €138 | €106 | -€33 | -23.6% |
| Other amounts payable | 47/48 | €6,565 | €585 | -€5,980 | -91.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,939 | €2,289 | +€350 | +18.1% |
| Other operating charges | 640/8 | €834 | €858 | +€24 | +2.9% |
| Gross operating margin | 9900 | -€1,104 | €3,015 | +€4,120 | |
| Operating profit (loss) | 9901 | -€3,877 | -€132 | +€3,745 | +96.6% |
| Financial income | 75/76B | €0 | €304 | +€304 | +1,517,900% |
| Recurring financial income | 75 | €0 | €304 | +€304 | +1,517,900% |
| Financial charges | 65/66B | €292 | €131 | -€162 | -55.3% |
| Recurring financial charges | 65 | €292 | €131 | -€162 | -55.3% |
| Profit (loss) for the period before taxes | 9903 | -€4,169 | €41 | +€4,210 | |
| Income taxes | 67/77 | €138 | €107 | -€31 | -22.6% |
| Profit (loss) for the period | 9904 | -€4,308 | -€66 | +€4,242 | +98.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,308 | -€66 | +€4,242 | +98.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.