GENERATION FIT: 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.
GENERATION FIT
Largest movements
- Tangible fixed assets -€10,146
down €10,146 (-8.8%), from €115,286 to €105,140
- Receivables within one year -€7,492
down €7,492 (-30.9%), from €24,214 to €16,721
of which Trade receivables: -€7,190
- Cash +€2,563
up €2,563 (+92.1%), from €2,784 to €5,347
mainly Depreciation (+€14,126) and Receivables within one year (+€7,492)
- Debts after one year -€7,000
down €7,000 (-7.4%), from €94,000 to €87,000
- Profit (loss) carried forward -€3,840
down €3,840 (-4.0%), from -€94,891 to -€98,731
- Tax, wage and social debts -€2,898
down €2,898 (-100%), from €2,898 to €0
- Gross operating margin -€1,136
down €1,136 (-7.5%), from €15,103 to €13,967
- Other operating charges +€1,114
up €1,114 (+50.7%), from €2,199 to €3,312
- Depreciation +€618
up €618 (+4.6%), from €13,508 to €14,126
- Financial charges -€273
down €273 (-54.5%), from €501 to €228
- Taxes -€155
down €155 (-52.3%), from €295 to €141
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 | €146,454 | €131,397 | -€15,057 | -10.3% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | €119,036 | €108,890 | -€10,146 | -8.5% |
| Tangible fixed assets | 22/27 | €115,286 | €105,140 | -€10,146 | -8.8% |
| Plant, machinery and equipment | 23 | €115,286 | €105,140 | -€10,146 | -8.8% |
| Financial fixed assets | 28 | €3,750 | €3,750 | = | 0.0% |
| Current assets | 29/58 | €27,418 | €22,507 | -€4,911 | -17.9% |
| Amounts receivable within one year | 40/41 | €24,214 | €16,721 | -€7,492 | -30.9% |
| Trade receivables | 40 | €18,236 | €11,046 | -€7,190 | -39.4% |
| Other amounts receivable | 41 | €5,978 | €5,676 | -€302 | -5.1% |
| Cash at bank and in hand | 54/58 | €2,784 | €5,347 | +€2,563 | +92.1% |
| Deferred charges and accrued income | 490/1 | €421 | €439 | +€18 | +4.4% |
| Total equity and liabilities | 10/49 | €146,454 | €131,397 | -€15,057 | -10.3% |
| Equity | 10/15 | €38,609 | €34,769 | -€3,840 | -9.9% |
| Contributions | 10/11 | €133,500 | €133,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€94,891 | -€98,731 | -€3,840 | -4.0% |
| Amounts payable | 17/49 | €107,844 | €96,628 | -€11,217 | -10.4% |
| Amounts payable after more than one year | 17 | €94,000 | €87,000 | -€7,000 | -7.4% |
| Financial debts | 170/4 | €94,000 | €87,000 | -€7,000 | -7.4% |
| Amounts payable within one year | 42/48 | €13,844 | €9,628 | -€4,217 | -30.5% |
| Financial debts | 43 | €1,513 | €1,022 | -€492 | -32.5% |
| Credit institutions | 430/8 | €1,513 | €1,022 | -€492 | -32.5% |
| Trade debts | 44 | €9,433 | €8,606 | -€827 | -8.8% |
| Suppliers | 440/4 | €9,433 | €8,606 | -€827 | -8.8% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €2,898 | €0 | -€2,898 | -100% |
| Taxes | 450/3 | €2,898 | €0 | -€2,898 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,508 | €14,126 | +€618 | +4.6% |
| Other operating charges | 640/8 | €2,199 | €3,312 | +€1,114 | +50.7% |
| Gross operating margin | 9900 | €15,103 | €13,967 | -€1,136 | -7.5% |
| Operating profit (loss) | 9901 | -€603 | -€3,472 | -€2,868 | -475% |
| Financial charges | 65/66B | €501 | €228 | -€273 | -54.5% |
| Recurring financial charges | 65 | €501 | €228 | -€273 | -54.5% |
| Profit (loss) for the period before taxes | 9903 | -€1,104 | -€3,699 | -€2,595 | -235% |
| Income taxes | 67/77 | €295 | €141 | -€155 | -52.3% |
| Profit (loss) for the period | 9904 | -€1,400 | -€3,840 | -€2,441 | -174% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,400 | -€3,840 | -€2,441 | -174% |
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 16 October 2026 via checked.be.