FIDAN GROUP: 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.
FIDAN GROUP
Largest movements
- Cash +€9,384
up €9,384 (+5.1%), from €185,767 to €195,150
mainly Net result for the year (+€10,180) and Depreciation (+€5,973)
- Tangible fixed assets -€5,973
down €5,973 (-28.2%), from €21,191 to €15,219
of which Plant, machinery and equipment: -€3,100
- Deferred charges and accrued income -€3,960
down €3,960 (-52.7%), from €7,509 to €3,549
- Debts after one year -€5,217
down €5,217 (-48.9%), from €10,670 to €5,454
- Staff costs -€13,304
down €13,304 (-53.0%), from €25,081 to €11,777
- Gross operating margin -€6,823
down €6,823 (-17.0%), from €40,052 to €33,228
- Other operating charges -€951
down €951 (-45.0%), from €2,113 to €1,162
- Taxes +€739
up €739 (+458%), from €161 to €900
- Depreciation -€735
down €735 (-11.0%), from €6,708 to €5,973
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 | €218,865 | €219,097 | +€232 | +0.1% |
| Fixed assets | 21/28 | €21,346 | €15,374 | -€5,973 | -28.0% |
| Tangible fixed assets | 22/27 | €21,191 | €15,219 | -€5,973 | -28.2% |
| Plant, machinery and equipment | 23 | €9,300 | €6,200 | -€3,100 | -33.3% |
| Furniture and vehicles | 24 | €1,887 | €717 | -€1,170 | -62.0% |
| Other tangible fixed assets | 26 | €10,004 | €8,301 | -€1,703 | -17.0% |
| Financial fixed assets | 28 | €155 | €155 | = | 0.0% |
| Current assets | 29/58 | €197,518 | €203,723 | +€6,205 | +3.1% |
| Amounts receivable within one year | 40/41 | €4,243 | €5,024 | +€782 | +18.4% |
| Trade receivables | 40 | €3,376 | €4,288 | +€912 | +27.0% |
| Other amounts receivable | 41 | €867 | €736 | -€130 | -15.0% |
| Cash at bank and in hand | 54/58 | €185,767 | €195,150 | +€9,384 | +5.1% |
| Deferred charges and accrued income | 490/1 | €7,509 | €3,549 | -€3,960 | -52.7% |
| Total equity and liabilities | 10/49 | €218,865 | €219,097 | +€232 | +0.1% |
| Equity | 10/15 | €184,895 | €188,075 | +€3,180 | +1.7% |
| Contributions | 10/11 | €30,000 | €30,000 | = | 0.0% |
| Reserves | 13 | €141,000 | €143,000 | +€2,000 | +1.4% |
| Distributable reserves | 133 | €141,000 | €143,000 | +€2,000 | +1.4% |
| Profit (loss) carried forward | 14 | €13,895 | €15,075 | +€1,180 | +8.5% |
| Amounts payable | 17/49 | €33,970 | €31,022 | -€2,948 | -8.7% |
| Amounts payable after more than one year | 17 | €10,670 | €5,454 | -€5,217 | -48.9% |
| Financial debts | 170/4 | €10,670 | €5,454 | -€5,217 | -48.9% |
| Amounts payable within one year | 42/48 | €21,400 | €25,568 | +€4,169 | +19.5% |
| Current portion of amounts payable after more than one year | 42 | €4,990 | €5,217 | +€227 | +4.5% |
| Trade debts | 44 | €5,477 | €6,039 | +€562 | +10.3% |
| Suppliers | 440/4 | €5,477 | €6,039 | +€562 | +10.3% |
| Taxes, remuneration and social security | 45 | €5,236 | €6,685 | +€1,449 | +27.7% |
| Taxes | 450/3 | €1,302 | €3,419 | +€2,117 | +163% |
| Remuneration and social security | 454/9 | €3,933 | €3,265 | -€668 | -17.0% |
| Other amounts payable | 47/48 | €5,697 | €7,628 | +€1,931 | +33.9% |
| Accrued charges and deferred income | 492/3 | €1,900 | €0 | -€1,900 | -100% |
| Turnover | 70 | €0 | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €0 | €0 | = | |
| Remuneration, social security and pensions | 62 | €25,081 | €11,777 | -€13,304 | -53.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,708 | €5,973 | -€735 | -11.0% |
| Other operating charges | 640/8 | €2,113 | €1,162 | -€951 | -45.0% |
| Operating charges capitalised as restructuring costs | 649 | €0 | €0 | = | |
| Gross operating margin | 9900 | €40,052 | €33,228 | -€6,823 | -17.0% |
| Operating profit (loss) | 9901 | €6,150 | €14,317 | +€8,167 | +133% |
| Financial income | 75/76B | €6 | €253 | +€247 | +4,300% |
| Recurring financial income | 75 | €6 | €253 | +€247 | +4,300% |
| Financial charges | 65/66B | €3,791 | €3,490 | -€301 | -7.9% |
| Recurring financial charges | 65 | €3,791 | €3,490 | -€301 | -7.9% |
| Profit (loss) for the period before taxes | 9903 | €2,364 | €11,080 | +€8,716 | +369% |
| Income taxes | 67/77 | €161 | €900 | +€739 | +458% |
| Profit (loss) for the period | 9904 | €2,203 | €10,180 | +€7,977 | +362% |
| Profit (loss) for the period to be appropriated | 9905 | €2,203 | €10,180 | +€7,977 | +362% |
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 20 October 2026 via checked.be.