FIDACK: what changed
Two fiscal 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.
What changed
FIDACK
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
-€71,283
2024 · -€78,330+€7,047
Equity
€749,608
2024 · €820,891-€71,283
Cash
€25,068
2024 · €38,747-€13,679
Balance sheet total
€1.3m
2024 · €1.4m-€74,583
Largest movements
Assets
- Tangible fixed assets -€60,704
down €60,704 (-4.5%), from €1.3m to €1.3m
Equity and liabilities
- Profit (loss) carried forward -€60,259
down €60,259 (-44.3%), from -€135,909 to -€196,168
Income statement
- Gross operating margin +€7,422
up €7,422 (+26.1%), from €28,421 to €35,843
- Taxes -€3,289
down €3,289 (-93.6%), from €3,513 to €224
- Financial charges +€1,613
up €1,613 (+5.0%), from €32,272 to €33,885
- Financial income -€1,281
down €1,281 (-100.0%), from €1,281 to €0
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.
Result 2024
-€78,330
Gross operating margin
+€7,422
Depreciation
-€275
Provisions
-€300
Other operating charges
-€195
Financial income
-€1,281
Financial charges
-€1,613
Taxes
+€3,289
Result 2025
-€71,283
Cash bridge derived
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.
From operations
-€9,443
Investment
-€3,286
Financing
-€950
Cash 2024
€38,747
From operations (derived)
-€9,443
Net result for the year
-€71,283
Depreciation
+€63,990
Receivables within one year
+€179
Deferred charges and accrued income
+€21
Provisions
-€1,480
Trade debts
-€1,474
Tax, wage and social debts
+€224
Other debts
+€380
Investment (derived)
-€3,286
Investment in fixed assets (net)
-€3,286
Financing
-€950
Debts after one year
-€1,047
Current portion of long-term debt
+€97
Cash 2025
€25,068
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,377,471 | €1,302,888 | -€74,583 | -5.4% |
| Fixed assets | 21/28 | €1,334,809 | €1,274,106 | -€60,704 | -4.5% |
| Tangible fixed assets | 22/27 | €1,334,809 | €1,274,106 | -€60,704 | -4.5% |
| Land and buildings | 22 | €1,045,019 | €1,019,424 | -€25,595 | -2.4% |
| Leasing and similar rights | 25 | €189,796 | €165,362 | -€24,434 | -12.9% |
| Other tangible fixed assets | 26 | €99,994 | €89,320 | -€10,675 | -10.7% |
| Current assets | 29/58 | €42,662 | €28,782 | -€13,880 | -32.5% |
| Amounts receivable within one year | 40/41 | €179 | €0 | -€179 | -100.0% |
| Other amounts receivable | 41 | €179 | €0 | -€179 | -100.0% |
| Current investments | 50/53 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €38,747 | €25,068 | -€13,679 | -35.3% |
| Deferred charges and accrued income | 490/1 | €3,736 | €3,714 | -€21 | -0.6% |
| Total equity and liabilities | 10/49 | €1,377,471 | €1,302,888 | -€74,583 | -5.4% |
| Equity | 10/15 | €820,891 | €749,608 | -€71,283 | -8.7% |
| Contributions | 10/11 | €754,400 | €754,400 | = | 0.0% |
| Reserves | 13 | €202,400 | €191,376 | -€11,024 | -5.4% |
| Tax-exempt reserves | 132 | €202,400 | €191,376 | -€11,024 | -5.4% |
| Profit (loss) carried forward | 14 | -€135,909 | -€196,168 | -€60,259 | -44.3% |
| Provisions and deferred taxes | 16 | €397,894 | €396,414 | -€1,480 | -0.4% |
| Provisions for liabilities and charges | 160/5 | €330,427 | €332,622 | +€2,195 | +0.7% |
| Other liabilities and charges | 164/5 | €330,427 | €332,622 | +€2,195 | +0.7% |
| Deferred taxes | 168 | €67,467 | €63,792 | -€3,675 | -5.4% |
| Amounts payable | 17/49 | €158,686 | €156,866 | -€1,820 | -1.1% |
| Amounts payable after more than one year | 17 | €66,270 | €65,222 | -€1,047 | -1.6% |
| Financial debts | 170/4 | €66,270 | €65,222 | -€1,047 | -1.6% |
| Amounts payable within one year | 42/48 | €92,417 | €91,644 | -€773 | -0.8% |
| Current portion of amounts payable after more than one year | 42 | €950 | €1,047 | +€97 | +10.2% |
| Trade debts | 44 | €1,951 | €477 | -€1,474 | -75.6% |
| Suppliers | 440/4 | €1,951 | €477 | -€1,474 | -75.6% |
| Taxes, remuneration and social security | 45 | €3,600 | €3,824 | +€224 | +6.2% |
| Taxes | 450/3 | €3,600 | €3,824 | +€224 | +6.2% |
| Other amounts payable | 47/48 | €85,916 | €86,296 | +€380 | +0.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €63,715 | €63,990 | +€275 | +0.4% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €1,895 | €2,195 | +€300 | +15.8% |
| Other operating charges | 640/8 | €10,312 | €10,507 | +€195 | +1.9% |
| Gross operating margin | 9900 | €28,421 | €35,843 | +€7,422 | +26.1% |
| Operating profit (loss) | 9901 | -€47,501 | -€40,849 | +€6,652 | +14.0% |
| Financial income | 75/76B | €1,281 | €0 | -€1,281 | -100.0% |
| Recurring financial income | 75 | €1,281 | €0 | -€1,281 | -100.0% |
| Financial charges | 65/66B | €32,272 | €33,885 | +€1,613 | +5.0% |
| Recurring financial charges | 65 | €32,272 | €33,885 | +€1,613 | +5.0% |
| Profit (loss) for the period before taxes | 9903 | -€78,492 | -€74,734 | +€3,758 | +4.8% |
| Transfer from deferred taxes | 780 | €3,675 | €3,675 | = | 0.0% |
| Income taxes | 67/77 | €3,513 | €224 | -€3,289 | -93.6% |
| Profit (loss) for the period | 9904 | -€78,330 | -€71,283 | +€7,047 | +9.0% |
| Transfer from tax-exempt reserves | 789 | €11,024 | €11,024 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€67,305 | -€60,259 | +€7,047 | +10.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.