FID-MANAGER: 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.
FID-MANAGER
Largest movements
- Cash +€529,866
up €529,866 (+36.7%), from €1.4m to €2.0m
mainly Net result for the year (+€1.5m) and Current investments (+€500,000)
- Current investments -€500,000
down €500,000 (-100%), from €500,000 to €0
- Deferred charges and accrued income -€42,246
down €42,246 (-70.6%), from €59,851 to €17,605
- Tangible fixed assets -€40,222
down €40,222 (-29.6%), from €135,746 to €95,524
of which Furniture and vehicles: -€25,900
- Receivables within one year -€36,891
down €36,891 (-17.9%), from €206,130 to €169,239
of which Trade receivables: -€36,906
- Other debts +€418,808
up €418,808 (+28.9%), from €1.4m to €1.9m
- Profit (loss) carried forward -€254,943
down €254,943 (-86.8%), from €293,627 to €38,684
- Trade debts -€249,930
down €249,930 (-59.2%), from €422,488 to €172,557
- Gross operating margin +€475,518
up €475,518 (+22.4%), from €2.1m to €2.6m
- Taxes +€123,881
up €123,881 (+31.0%), from €399,217 to €523,098
- Staff costs -€35,126
down €35,126 (-7.0%), from €504,271 to €469,145
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 | €2,344,470 | €2,254,977 | -€89,493 | -3.8% |
| Fixed assets | 21/28 | €135,746 | €95,524 | -€40,222 | -29.6% |
| Tangible fixed assets | 22/27 | €135,746 | €95,524 | -€40,222 | -29.6% |
| Furniture and vehicles | 24 | €49,976 | €24,076 | -€25,900 | -51.8% |
| Leasing and similar rights | 25 | €29,761 | €22,539 | -€7,223 | -24.3% |
| Other tangible fixed assets | 26 | €56,008 | €48,910 | -€7,099 | -12.7% |
| Current assets | 29/58 | €2,208,725 | €2,159,453 | -€49,272 | -2.2% |
| Amounts receivable within one year | 40/41 | €206,130 | €169,239 | -€36,891 | -17.9% |
| Trade receivables | 40 | €206,130 | €169,224 | -€36,906 | -17.9% |
| Other amounts receivable | 41 | - | €15 | +€15 | |
| Current investments | 50/53 | €500,000 | €0 | -€500,000 | -100% |
| Cash at bank and in hand | 54/58 | €1,442,743 | €1,972,609 | +€529,866 | +36.7% |
| Deferred charges and accrued income | 490/1 | €59,851 | €17,605 | -€42,246 | -70.6% |
| Total equity and liabilities | 10/49 | €2,344,470 | €2,254,977 | -€89,493 | -3.8% |
| Equity | 10/15 | €314,087 | €59,144 | -€254,943 | -81.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €293,627 | €38,684 | -€254,943 | -86.8% |
| Amounts payable | 17/49 | €2,030,383 | €2,195,834 | +€165,450 | +8.1% |
| Amounts payable after more than one year | 17 | €22,510 | €15,298 | -€7,212 | -32.0% |
| Financial debts | 170/4 | €22,510 | €15,298 | -€7,212 | -32.0% |
| Amounts payable within one year | 42/48 | €2,007,874 | €2,180,536 | +€172,662 | +8.6% |
| Current portion of amounts payable after more than one year | 42 | €6,935 | €7,212 | +€277 | +4.0% |
| Trade debts | 44 | €422,488 | €172,557 | -€249,930 | -59.2% |
| Suppliers | 440/4 | €422,488 | €172,557 | -€249,930 | -59.2% |
| Taxes, remuneration and social security | 45 | €130,310 | €133,816 | +€3,507 | +2.7% |
| Taxes | 450/3 | €87,988 | €90,894 | +€2,906 | +3.3% |
| Remuneration and social security | 454/9 | €42,321 | €42,922 | +€601 | +1.4% |
| Other amounts payable | 47/48 | €1,448,142 | €1,866,950 | +€418,808 | +28.9% |
| Remuneration, social security and pensions | 62 | €504,271 | €469,145 | -€35,126 | -7.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,591 | €44,277 | -€2,314 | -5.0% |
| Other operating charges | 640/8 | €3,829 | €1,868 | -€1,961 | -51.2% |
| Gross operating margin | 9900 | €2,125,921 | €2,601,440 | +€475,518 | +22.4% |
| Operating profit (loss) | 9901 | €1,571,229 | €2,086,149 | +€514,920 | +32.8% |
| Financial income | 75/76B | €22,312 | €88 | -€22,225 | -99.6% |
| Recurring financial income | 75 | €22,312 | €88 | -€22,225 | -99.6% |
| Financial charges | 65/66B | €30,852 | €24,456 | -€6,396 | -20.7% |
| Recurring financial charges | 65 | €30,852 | €24,456 | -€6,396 | -20.7% |
| Profit (loss) for the period before taxes | 9903 | €1,562,690 | €2,061,781 | +€499,091 | +31.9% |
| Income taxes | 67/77 | €399,217 | €523,098 | +€123,881 | +31.0% |
| Profit (loss) for the period | 9904 | €1,163,473 | €1,538,684 | +€375,211 | +32.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,163,473 | €1,538,684 | +€375,211 | +32.2% |
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 14 October 2026 via checked.be.