FIDACCO: 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.
FIDACCO
Largest movements
- Receivables within one year -€18,045
down €18,045 (-32.1%), from €56,288 to €38,243
of which Trade receivables: -€19,265
- Cash +€14,163
up €14,163 (+12.9%), from €109,623 to €123,786
mainly Receivables within one year (+€18,045) and Net result for the year (+€11,189)
- Tangible fixed assets +€3,357
up €3,357 (+431%), from €779 to €4,136
- Reserves +€11,189
up €11,189 (+9.3%), from €120,358 to €131,548
of which Distributable reserves: +€11,189
- Other debts -€7,402
no longer reported in 2025 (was €7,402)
- Trade debts -€3,012
down €3,012 (-37.4%), from €8,052 to €5,040
- Gross operating margin -€5,320
down €5,320 (-5.1%), from €104,673 to €99,353
- Staff costs +€4,801
up €4,801 (+6.4%), from €75,170 to €79,972
- Write-downs -€1,500
no longer reported in 2025 (was €1,500)
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 | €169,089 | €168,564 | -€525 | -0.3% |
| Fixed assets | 21/28 | €3,179 | €6,536 | +€3,357 | +106% |
| Tangible fixed assets | 22/27 | €779 | €4,136 | +€3,357 | +431% |
| Furniture and vehicles | 24 | €779 | €4,136 | +€3,357 | +431% |
| Financial fixed assets | 28 | €2,400 | €2,400 | = | 0.0% |
| Current assets | 29/58 | €165,910 | €162,029 | -€3,882 | -2.3% |
| Amounts receivable within one year | 40/41 | €56,288 | €38,243 | -€18,045 | -32.1% |
| Trade receivables | 40 | €55,008 | €35,743 | -€19,265 | -35.0% |
| Other amounts receivable | 41 | €1,280 | €2,500 | +€1,220 | +95.4% |
| Cash at bank and in hand | 54/58 | €109,623 | €123,786 | +€14,163 | +12.9% |
| Total equity and liabilities | 10/49 | €169,089 | €168,564 | -€525 | -0.3% |
| Equity | 10/15 | €138,958 | €150,148 | +€11,189 | +8.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €120,358 | €131,548 | +€11,189 | +9.3% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €118,498 | €129,688 | +€11,189 | +9.4% |
| Amounts payable | 17/49 | €30,131 | €18,416 | -€11,714 | -38.9% |
| Amounts payable within one year | 42/48 | €30,131 | €18,416 | -€11,714 | -38.9% |
| Trade debts | 44 | €8,052 | €5,040 | -€3,012 | -37.4% |
| Suppliers | 440/4 | €8,052 | €5,040 | -€3,012 | -37.4% |
| Taxes, remuneration and social security | 45 | €14,677 | €13,376 | -€1,301 | -8.9% |
| Taxes | 450/3 | €5,946 | €4,333 | -€1,613 | -27.1% |
| Remuneration and social security | 454/9 | €8,731 | €9,043 | +€313 | +3.6% |
| Other amounts payable | 47/48 | €7,402 | - | -€7,402 | |
| Remuneration, social security and pensions | 62 | €75,170 | €79,972 | +€4,801 | +6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €94 | €314 | +€219 | +233% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,500 | - | -€1,500 | |
| Other operating charges | 640/8 | €594 | €209 | -€385 | -64.8% |
| Gross operating margin | 9900 | €104,673 | €99,353 | -€5,320 | -5.1% |
| Operating profit (loss) | 9901 | €27,314 | €18,858 | -€8,456 | -31.0% |
| Financial income | 75/76B | €202 | €390 | +€188 | +92.8% |
| Recurring financial income | 75 | €202 | €389 | +€187 | +92.7% |
| Non-recurring financial income | 76B | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,257 | €1,028 | -€229 | -18.2% |
| Recurring financial charges | 65 | €907 | €1,028 | +€121 | +13.3% |
| Non-recurring financial charges | 66B | €350 | - | -€350 | |
| Profit (loss) for the period before taxes | 9903 | €26,260 | €18,220 | -€8,039 | -30.6% |
| Income taxes | 67/77 | €6,279 | €7,031 | +€752 | +12.0% |
| Profit (loss) for the period | 9904 | €19,980 | €11,189 | -€8,791 | -44.0% |
| Profit (loss) for the period to be appropriated | 9905 | €19,980 | €11,189 | -€8,791 | -44.0% |
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 26 October 2026 via checked.be.