FIDAGEN: 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.
FIDAGEN
Largest movements
- Deferred charges and accrued income -€89,868
down €89,868 (-36.1%), from €249,224 to €159,356
- Profit (loss) carried forward -€48,113
down €48,113 (-1668.6%), from -€2,883 to -€50,996
- Other debts -€44,198
down €44,198 (-6.5%), from €683,482 to €639,284
- Financial charges +€38,089
up €38,089 (+87.0%), from €43,757 to €81,845
- Gross operating margin -€13,593
down €13,593 (-79.7%), from -€17,064 to -€30,657
- Financial income -€3,084
down €3,084 (-3.7%), from €83,772 to €80,688
- Other operating charges -€2,417
down €2,417 (-64.2%), from €3,767 to €1,350
- Taxes +€1,513
up €1,513 (+35.8%), from €4,233 to €5,746
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 | €1,721,829 | €1,622,004 | -€99,825 | -5.8% |
| Fixed assets | 21/28 | €34,963 | €27,451 | -€7,512 | -21.5% |
| Tangible fixed assets | 22/27 | €34,963 | €27,451 | -€7,512 | -21.5% |
| Furniture and vehicles | 24 | €34,963 | €27,451 | -€7,512 | -21.5% |
| Current assets | 29/58 | €1,686,866 | €1,594,553 | -€92,313 | -5.5% |
| Amounts receivable within one year | 40/41 | €2,422 | €0 | -€2,422 | -100.0% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €2,422 | €0 | -€2,422 | -100.0% |
| Current investments | 50/53 | €1,419,712 | €1,431,817 | +€12,105 | +0.9% |
| Cash at bank and in hand | 54/58 | €15,508 | €3,381 | -€12,127 | -78.2% |
| Deferred charges and accrued income | 490/1 | €249,224 | €159,356 | -€89,868 | -36.1% |
| Total equity and liabilities | 10/49 | €1,721,829 | €1,622,004 | -€99,825 | -5.8% |
| Equity | 10/15 | €1,029,647 | €981,534 | -€48,113 | -4.7% |
| Contributions | 10/11 | €1,000,000 | €1,000,000 | = | 0.0% |
| Reserves | 13 | €32,530 | €32,530 | = | 0.0% |
| Distributable reserves | 133 | €32,530 | €32,530 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,883 | -€50,996 | -€48,113 | -1668.6% |
| Amounts payable | 17/49 | €692,182 | €640,470 | -€51,713 | -7.5% |
| Amounts payable within one year | 42/48 | €692,182 | €640,419 | -€51,764 | -7.5% |
| Trade debts | 44 | €0 | €0 | = | |
| Suppliers | 440/4 | €0 | €0 | = | |
| Taxes, remuneration and social security | 45 | €8,700 | €1,134 | -€7,566 | -87.0% |
| Taxes | 450/3 | €8,700 | €1,134 | -€7,566 | -87.0% |
| Remuneration and social security | 454/9 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €683,482 | €639,284 | -€44,198 | -6.5% |
| Accrued charges and deferred income | 492/3 | - | €51 | +€51 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,711 | €9,202 | +€492 | +5.6% |
| Other operating charges | 640/8 | €3,767 | €1,350 | -€2,417 | -64.2% |
| Gross operating margin | 9900 | -€17,064 | -€30,657 | -€13,593 | -79.7% |
| Operating profit (loss) | 9901 | -€29,542 | -€41,209 | -€11,667 | -39.5% |
| Financial income | 75/76B | €83,772 | €80,688 | -€3,084 | -3.7% |
| Recurring financial income | 75 | €83,772 | €80,688 | -€3,084 | -3.7% |
| Financial charges | 65/66B | €43,757 | €81,845 | +€38,089 | +87.0% |
| Recurring financial charges | 65 | €43,757 | €81,845 | +€38,089 | +87.0% |
| Profit (loss) for the period before taxes | 9903 | €10,473 | -€42,366 | -€52,839 | |
| Income taxes | 67/77 | €4,233 | €5,746 | +€1,513 | +35.8% |
| Profit (loss) for the period | 9904 | €6,240 | -€48,113 | -€54,353 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,240 | -€48,113 | -€54,353 |
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 5 October 2026 via checked.be.