FIDAURO: 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.
FIDAURO
Largest movements
- Tangible fixed assets -€31,253
down €31,253 (-20.0%), from €156,109 to €124,857
of which Furniture and vehicles: -€27,370
- Stocks and contracts -€22,712
no longer reported in 2025 (was €22,712)
- Reserves +€128,950
up €128,950 (+30.4%), from €423,718 to €552,668
of which Distributable reserves: +€128,950
- Debts after one year -€71,956
down €71,956 (-13.1%), from €550,971 to €479,015
- Current portion of long-term debt -€54,485
down €54,485 (-26.8%), from €203,084 to €148,599
- Advances received -€35,050
no longer reported in 2025 (was €35,050)
- Depreciation +€22,615
up €22,615 (+262%), from €8,638 to €31,253
- Gross operating margin +€9,868
up €9,868 (+4.1%), from €239,409 to €249,276
- Taxes +€4,827
up €4,827 (+8.8%), from €54,657 to €59,484
- Financial charges +€3,795
up €3,795 (+17.5%), from €21,714 to €25,509
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 | €1,830,233 | €1,808,762 | -€21,471 | -1.2% |
| Fixed assets | 21/28 | €1,776,364 | €1,745,112 | -€31,253 | -1.8% |
| Tangible fixed assets | 22/27 | €156,109 | €124,857 | -€31,253 | -20.0% |
| Plant, machinery and equipment | 23 | €23,898 | €20,015 | -€3,883 | -16.2% |
| Furniture and vehicles | 24 | €132,211 | €104,841 | -€27,370 | -20.7% |
| Financial fixed assets | 28 | €1,620,255 | €1,620,255 | = | 0.0% |
| Current assets | 29/58 | €53,869 | €63,651 | +€9,782 | +18.2% |
| Stocks and contracts in progress | 3 | €22,712 | - | -€22,712 | |
| Stocks | 30/36 | €22,712 | - | -€22,712 | |
| Amounts receivable within one year | 40/41 | - | €8,850 | +€8,850 | |
| Trade receivables | 40 | - | €8,850 | +€8,850 | |
| Current investments | 50/53 | €19,848 | €37,890 | +€18,042 | +90.9% |
| Cash at bank and in hand | 54/58 | €9,947 | €16,086 | +€6,139 | +61.7% |
| Deferred charges and accrued income | 490/1 | €1,362 | €825 | -€537 | -39.5% |
| Total equity and liabilities | 10/49 | €1,830,233 | €1,808,762 | -€21,471 | -1.2% |
| Equity | 10/15 | €939,542 | €1,068,493 | +€128,951 | +13.7% |
| Contributions | 10/11 | €37,184 | €37,184 | = | 0.0% |
| Reserves | 13 | €423,718 | €552,668 | +€128,950 | +30.4% |
| Non-distributable reserves | 130/1 | €3,718 | €3,718 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,718 | €3,718 | = | 0.0% |
| Distributable reserves | 133 | €420,000 | €548,950 | +€128,950 | +30.7% |
| Profit (loss) carried forward | 14 | €478,640 | €478,641 | +€1 | 0.0% |
| Amounts payable | 17/49 | €890,691 | €740,269 | -€150,422 | -16.9% |
| Amounts payable after more than one year | 17 | €550,971 | €479,015 | -€71,956 | -13.1% |
| Financial debts | 170/4 | €550,971 | €479,015 | -€71,956 | -13.1% |
| Amounts payable within one year | 42/48 | €332,192 | €253,014 | -€79,178 | -23.8% |
| Current portion of amounts payable after more than one year | 42 | €203,084 | €148,599 | -€54,485 | -26.8% |
| Financial debts | 43 | €25,000 | €18,333 | -€6,667 | -26.7% |
| Credit institutions | 430/8 | €25,000 | €18,333 | -€6,667 | -26.7% |
| Trade debts | 44 | €3,677 | €16,983 | +€13,307 | +362% |
| Suppliers | 440/4 | €3,677 | €16,983 | +€13,307 | +362% |
| Advances received on contracts in progress | 46 | €35,050 | - | -€35,050 | |
| Taxes, remuneration and social security | 45 | €39,475 | €46,781 | +€7,306 | +18.5% |
| Taxes | 450/3 | €39,475 | €46,781 | +€7,306 | +18.5% |
| Other amounts payable | 47/48 | €25,907 | €22,317 | -€3,589 | -13.9% |
| Accrued charges and deferred income | 492/3 | €7,528 | €8,240 | +€712 | +9.5% |
| Non-recurring operating income | 76A | €11,765 | - | -€11,765 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,638 | €31,253 | +€22,615 | +262% |
| Other operating charges | 640/8 | €4,912 | €4,391 | -€522 | -10.6% |
| Gross operating margin | 9900 | €239,409 | €249,276 | +€9,868 | +4.1% |
| Operating profit (loss) | 9901 | €225,858 | €213,633 | -€12,225 | -5.4% |
| Financial income | 75/76B | €331 | €312 | -€19 | -5.6% |
| Recurring financial income | 75 | €331 | €312 | -€19 | -5.6% |
| Financial charges | 65/66B | €21,714 | €25,509 | +€3,795 | +17.5% |
| Recurring financial charges | 65 | €21,714 | €25,509 | +€3,795 | +17.5% |
| Profit (loss) for the period before taxes | 9903 | €204,475 | €188,436 | -€16,039 | -7.8% |
| Income taxes | 67/77 | €54,657 | €59,484 | +€4,827 | +8.8% |
| Profit (loss) for the period | 9904 | €149,818 | €128,951 | -€20,867 | -13.9% |
| Profit (loss) for the period to be appropriated | 9905 | €149,818 | €128,951 | -€20,867 | -13.9% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.