FIDACO: 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.
FIDACO
Largest movements
- Cash -€64,154
down €64,154 (-87.1%), from €73,614 to €9,460
mainly Trade debts (-€70,699) and Receivables within one year (-€6,170)
- Receivables within one year +€6,170
up €6,170 (+1.7%), from €370,133 to €376,303
of which Trade receivables: +€10,039
- Trade debts -€70,699
down €70,699 (-54.5%), from €129,712 to €59,014
- Profit (loss) carried forward +€12,133
up €12,133 (+6.7%), from €182,340 to €194,473
- Staff costs -€18,489
down €18,489 (-4.1%), from €447,670 to €429,181
- Gross operating margin -€8,745
down €8,745 (-1.9%), from €470,248 to €461,503
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €451,459 | €389,387 | -€62,073 | -13.7% |
| Fixed assets | 21/28 | €6,329 | €2,154 | -€4,175 | -66.0% |
| Tangible fixed assets | 22/27 | €6,329 | €2,154 | -€4,175 | -66.0% |
| Plant, machinery and equipment | 23 | €1,455 | €130 | -€1,325 | -91.1% |
| Furniture and vehicles | 24 | €4,873 | €2,024 | -€2,849 | -58.5% |
| Current assets | 29/58 | €445,131 | €387,233 | -€57,898 | -13.0% |
| Amounts receivable within one year | 40/41 | €370,133 | €376,303 | +€6,170 | +1.7% |
| Trade receivables | 40 | €363,434 | €373,473 | +€10,039 | +2.8% |
| Other amounts receivable | 41 | €6,699 | €2,830 | -€3,869 | -57.8% |
| Cash at bank and in hand | 54/58 | €73,614 | €9,460 | -€64,154 | -87.1% |
| Deferred charges and accrued income | 490/1 | €1,384 | €1,470 | +€86 | +6.2% |
| Total equity and liabilities | 10/49 | €451,459 | €389,387 | -€62,073 | -13.7% |
| Equity | 10/15 | €258,440 | €270,573 | +€12,133 | +4.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €57,500 | €57,500 | = | 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% |
| Distributable reserves | 133 | €55,640 | €55,640 | = | 0.0% |
| Profit (loss) carried forward | 14 | €182,340 | €194,473 | +€12,133 | +6.7% |
| Amounts payable | 17/49 | €193,019 | €118,814 | -€74,205 | -38.4% |
| Amounts payable within one year | 42/48 | €193,019 | €118,814 | -€74,205 | -38.4% |
| Trade debts | 44 | €129,712 | €59,014 | -€70,699 | -54.5% |
| Suppliers | 440/4 | €129,712 | €59,014 | -€70,699 | -54.5% |
| Taxes, remuneration and social security | 45 | €63,307 | €59,800 | -€3,506 | -5.5% |
| Taxes | 450/3 | €12,675 | €16,965 | +€4,291 | +33.9% |
| Remuneration and social security | 454/9 | €50,632 | €42,835 | -€7,797 | -15.4% |
| Non-recurring operating income | 76A | - | €10,860 | +€10,860 | |
| Remuneration, social security and pensions | 62 | €447,670 | €429,181 | -€18,489 | -4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,412 | €4,175 | -€1,237 | -22.9% |
| Other operating charges | 640/8 | €3,148 | €3,247 | +€99 | +3.2% |
| Gross operating margin | 9900 | €470,248 | €461,503 | -€8,745 | -1.9% |
| Operating profit (loss) | 9901 | €14,019 | €24,901 | +€10,882 | +77.6% |
| Financial income | 75/76B | €21 | €69 | +€48 | +229.1% |
| Recurring financial income | 75 | €21 | €69 | +€48 | +229.1% |
| Financial charges | 65/66B | €1,895 | €1,768 | -€127 | -6.7% |
| Recurring financial charges | 65 | €1,895 | €1,768 | -€127 | -6.7% |
| Profit (loss) for the period before taxes | 9903 | €12,145 | €23,202 | +€11,057 | +91.0% |
| Income taxes | 67/77 | €7,195 | €11,070 | +€3,875 | +53.9% |
| Profit (loss) for the period | 9904 | €4,950 | €12,133 | +€7,182 | +145.1% |
| Profit (loss) for the period to be appropriated | 9905 | €4,950 | €12,133 | +€7,182 | +145.1% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.