FIDCO: 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.
FIDCO
Largest movements
- Receivables within one year +€172,649
up €172,649 (+103%), from €167,272 to €339,922
of which Other amounts receivable: +€99,737
- Tangible fixed assets -€44,717
down €44,717 (-14.0%), from €318,913 to €274,196
of which Land and buildings: -€45,903
- Advances received +€89,661
up €89,661 (+216%), from €41,485 to €131,146
- Reserves +€81,839
up €81,839 (+22.0%), from €372,471 to €454,310
of which Distributable reserves: +€81,839
- Debts after one year -€37,500
down €37,500 (-50.0%), from €75,000 to €37,500
- Gross operating margin -€32,786
down €32,786 (-12.8%), from €255,982 to €223,196
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 | €672,798 | €805,266 | +€132,468 | +19.7% |
| Fixed assets | 21/28 | €318,913 | €274,196 | -€44,717 | -14.0% |
| Tangible fixed assets | 22/27 | €318,913 | €274,196 | -€44,717 | -14.0% |
| Land and buildings | 22 | €312,650 | €266,747 | -€45,903 | -14.7% |
| Plant, machinery and equipment | 23 | €4,426 | €2,380 | -€2,046 | -46.2% |
| Furniture and vehicles | 24 | €1,836 | €5,069 | +€3,233 | +176% |
| Current assets | 29/58 | €353,885 | €531,069 | +€177,184 | +50.1% |
| Amounts receivable after more than one year | 29 | €33,778 | €33,778 | = | 0.0% |
| Other amounts receivable | 291 | €33,778 | €33,778 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €167,272 | €339,922 | +€172,649 | +103% |
| Trade receivables | 40 | €126,889 | €199,802 | +€72,913 | +57.5% |
| Other amounts receivable | 41 | €40,383 | €140,120 | +€99,737 | +247% |
| Cash at bank and in hand | 54/58 | €152,834 | €157,369 | +€4,535 | +3.0% |
| Total equity and liabilities | 10/49 | €672,798 | €805,266 | +€132,468 | +19.7% |
| Equity | 10/15 | €426,104 | €507,943 | +€81,839 | +19.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | €12,400 | €12,400 | = | 0.0% |
| Other | 1109/19 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €372,471 | €454,310 | +€81,839 | +22.0% |
| Tax-exempt reserves | 132 | €6,543 | €6,543 | = | 0.0% |
| Distributable reserves | 133 | €365,928 | €447,767 | +€81,839 | +22.4% |
| Profit (loss) carried forward | 14 | €41,233 | €41,233 | = | 0.0% |
| Amounts payable | 17/49 | €246,694 | €297,323 | +€50,629 | +20.5% |
| Amounts payable after more than one year | 17 | €75,000 | €37,500 | -€37,500 | -50.0% |
| Financial debts | 170/4 | €75,000 | €37,500 | -€37,500 | -50.0% |
| Amounts payable within one year | 42/48 | €171,694 | €259,823 | +€88,129 | +51.3% |
| Current portion of amounts payable after more than one year | 42 | €37,500 | €37,500 | = | 0.0% |
| Trade debts | 44 | €58,391 | €56,563 | -€1,828 | -3.1% |
| Suppliers | 440/4 | €58,391 | €56,563 | -€1,828 | -3.1% |
| Advances received on contracts in progress | 46 | €41,485 | €131,146 | +€89,661 | +216% |
| Taxes, remuneration and social security | 45 | €34,319 | €34,613 | +€295 | +0.9% |
| Taxes | 450/3 | €27,684 | €27,812 | +€128 | +0.5% |
| Remuneration and social security | 454/9 | €6,635 | €6,801 | +€167 | +2.5% |
| Remuneration, social security and pensions | 62 | €38,990 | €39,962 | +€972 | +2.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,436 | €49,684 | +€248 | +0.5% |
| Other operating charges | 640/8 | €6,890 | €9,112 | +€2,222 | +32.3% |
| Gross operating margin | 9900 | €255,982 | €223,196 | -€32,786 | -12.8% |
| Operating profit (loss) | 9901 | €160,665 | €124,437 | -€36,228 | -22.5% |
| Financial income | 75/76B | €3,271 | €4,156 | +€886 | +27.1% |
| Recurring financial income | 75 | €3,271 | €4,156 | +€886 | +27.1% |
| Financial charges | 65/66B | €6,748 | €5,467 | -€1,281 | -19.0% |
| Recurring financial charges | 65 | €6,748 | €5,467 | -€1,281 | -19.0% |
| Profit (loss) for the period before taxes | 9903 | €157,188 | €123,127 | -€34,061 | -21.7% |
| Income taxes | 67/77 | €38,903 | €41,287 | +€2,384 | +6.1% |
| Profit (loss) for the period | 9904 | €118,285 | €81,839 | -€36,446 | -30.8% |
| Profit (loss) for the period to be appropriated | 9905 | €118,285 | €81,839 | -€36,446 | -30.8% |
Source: filed annual accounts (NBB), financial years ended 31 August 2024 and 31 August 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.