HAPPINESS FIT: what changed
HAPPINESS FIT
Largest movements
- Tangible fixed assets -€4,690
down €4,690 (-16.0%), from €29,235 to €24,545
of which Plant, machinery and equipment: -€2,850
- Cash +€443
up €443 (+40.5%), from €1,093 to €1,536
mainly Current portion of long-term debt (+€12,733) and Other debts (+€9,479)
- Debts after one year -€15,014
no longer reported in 2025 (was €15,014)
- Profit (loss) carried forward -€14,023
down €14,023 (-46.6%), from -€30,099 to -€44,122
- Current portion of long-term debt +€12,733
up €12,733 (+160%), from €7,969 to €20,703
- Other debts +€9,479
up €9,479 (+29.0%), from €32,705 to €42,185
- Trade debts +€2,136
up €2,136 (+440%), from €485 to €2,621
- Gross operating margin -€540
down €540 (-7.0%), from -€7,692 to -€8,232
- Financial charges -€380
down €380 (-27.6%), from €1,375 to €995
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 | €30,372 | €26,081 | -€4,291 | -14.1% |
| Fixed assets | 21/28 | €29,235 | €24,545 | -€4,690 | -16.0% |
| Tangible fixed assets | 22/27 | €29,235 | €24,545 | -€4,690 | -16.0% |
| Plant, machinery and equipment | 23 | €22,351 | €19,501 | -€2,850 | -12.8% |
| Furniture and vehicles | 24 | €6,884 | €5,044 | -€1,840 | -26.7% |
| Current assets | 29/58 | €1,137 | €1,536 | +€399 | +35.1% |
| Amounts receivable within one year | 40/41 | €44 | - | -€44 | |
| Other amounts receivable | 41 | €44 | - | -€44 | |
| Cash at bank and in hand | 54/58 | €1,093 | €1,536 | +€443 | +40.5% |
| Total equity and liabilities | 10/49 | €30,372 | €26,081 | -€4,291 | -14.1% |
| Equity | 10/15 | -€26,099 | -€40,122 | -€14,023 | -53.7% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,099 | -€44,122 | -€14,023 | -46.6% |
| Amounts payable | 17/49 | €56,472 | €66,203 | +€9,732 | +17.2% |
| Amounts payable after more than one year | 17 | €15,014 | - | -€15,014 | |
| Financial debts | 170/4 | €15,014 | - | -€15,014 | |
| Amounts payable within one year | 42/48 | €41,160 | €66,203 | +€25,043 | +60.8% |
| Current portion of amounts payable after more than one year | 42 | €7,969 | €20,703 | +€12,733 | +160% |
| Trade debts | 44 | €485 | €2,621 | +€2,136 | +440% |
| Suppliers | 440/4 | €485 | €2,621 | +€2,136 | +440% |
| Taxes, remuneration and social security | 45 | - | €695 | +€695 | |
| Taxes | 450/3 | - | €695 | +€695 | |
| Other amounts payable | 47/48 | €32,705 | €42,185 | +€9,479 | +29.0% |
| Accrued charges and deferred income | 492/3 | €298 | - | -€298 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,737 | €4,690 | -€47 | -1.0% |
| Other operating charges | 640/8 | €106 | €106 | = | 0.0% |
| Gross operating margin | 9900 | -€7,692 | -€8,232 | -€540 | -7.0% |
| Operating profit (loss) | 9901 | -€12,535 | -€13,028 | -€493 | -3.9% |
| Financial income | 75/76B | €3 | - | -€3 | |
| Recurring financial income | 75 | €3 | - | -€3 | |
| Financial charges | 65/66B | €1,375 | €995 | -€380 | -27.6% |
| Recurring financial charges | 65 | €1,375 | €995 | -€380 | -27.6% |
| Profit (loss) for the period before taxes | 9903 | -€13,907 | -€14,023 | -€116 | -0.8% |
| Profit (loss) for the period | 9904 | -€13,907 | -€14,023 | -€116 | -0.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,907 | -€14,023 | -€116 | -0.8% |
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 8 November 2026 via checked.be.