FIDDEL: 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.
FIDDEL
Largest movements
- Current investments -€25,000
down €25,000 (-80.6%), from €31,000 to €6,000
- Tangible fixed assets +€24,061
up €24,061 (+2.3%), from €1.1m to €1.1m
of which Furniture and vehicles: +€43,268
- Debts after one year -€96,000
down €96,000 (-18.2%), from €527,833 to €431,833
of which Other amounts payable: -€68,000
- Reserves +€92,500
up €92,500 (+18.5%), from €500,310 to €592,810
of which Distributable reserves: +€92,500
- Trade debts -€13,126
down €13,126 (-36.7%), from €35,774 to €22,647
- Gross operating margin +€76,833
up €76,833 (+28.3%), from €271,583 to €348,416
- Other operating charges -€44,416
down €44,416 (-83.0%), from €53,538 to €9,122
- Taxes +€40,759
up €40,759 (+101.5%), from €40,158 to €80,917
- Write-downs -€7,875
no longer reported in 2025 (was €7,875)
- Depreciation +€6,919
up €6,919 (+16.4%), from €42,167 to €49,085
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 | €1,272,583 | €1,265,508 | -€7,075 | -0.6% |
| Fixed assets | 21/28 | €1,061,056 | €1,085,117 | +€24,061 | +2.3% |
| Tangible fixed assets | 22/27 | €1,061,056 | €1,085,117 | +€24,061 | +2.3% |
| Land and buildings | 22 | €1,041,605 | €1,022,398 | -€19,207 | -1.8% |
| Furniture and vehicles | 24 | €19,451 | €62,719 | +€43,268 | +222.4% |
| Current assets | 29/58 | €211,527 | €180,391 | -€31,137 | -14.7% |
| Amounts receivable within one year | 40/41 | €121,592 | €125,802 | +€4,210 | +3.5% |
| Trade receivables | 40 | €118,521 | €125,802 | +€7,281 | +6.1% |
| Other amounts receivable | 41 | €3,071 | - | -€3,071 | |
| Current investments | 50/53 | €31,000 | €6,000 | -€25,000 | -80.6% |
| Cash at bank and in hand | 54/58 | €56,541 | €44,639 | -€11,901 | -21.0% |
| Deferred charges and accrued income | 490/1 | €2,395 | €3,950 | +€1,555 | +64.9% |
| Total equity and liabilities | 10/49 | €1,272,583 | €1,265,508 | -€7,075 | -0.6% |
| Equity | 10/15 | €637,751 | €730,294 | +€92,544 | +14.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €500,310 | €592,810 | +€92,500 | +18.5% |
| Non-distributable reserves | 130/1 | €15,860 | €15,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €15,860 | €15,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €33,232 | €33,232 | = | 0.0% |
| Distributable reserves | 133 | €451,218 | €543,718 | +€92,500 | +20.5% |
| Profit (loss) carried forward | 14 | €118,840 | €118,884 | +€44 | 0.0% |
| Amounts payable | 17/49 | €634,832 | €535,213 | -€99,619 | -15.7% |
| Amounts payable after more than one year | 17 | €527,833 | €431,833 | -€96,000 | -18.2% |
| Financial debts | 170/4 | €240,333 | €212,333 | -€28,000 | -11.7% |
| Other amounts payable | 178/9 | €287,500 | €219,500 | -€68,000 | -23.7% |
| Amounts payable within one year | 42/48 | €105,066 | €101,545 | -€3,522 | -3.4% |
| Current portion of amounts payable after more than one year | 42 | €30,333 | €30,333 | = | 0.0% |
| Trade debts | 44 | €35,774 | €22,647 | -€13,126 | -36.7% |
| Suppliers | 440/4 | €35,774 | €22,647 | -€13,126 | -36.7% |
| Taxes, remuneration and social security | 45 | €37,198 | €45,672 | +€8,474 | +22.8% |
| Taxes | 450/3 | €32,462 | €40,740 | +€8,277 | +25.5% |
| Remuneration and social security | 454/9 | €4,735 | €4,932 | +€197 | +4.2% |
| Other amounts payable | 47/48 | €1,762 | €2,893 | +€1,131 | +64.2% |
| Accrued charges and deferred income | 492/3 | €1,933 | €1,835 | -€98 | -5.0% |
| Non-recurring operating income | 76A | - | €8,461 | +€8,461 | |
| Remuneration, social security and pensions | 62 | €44,214 | €45,192 | +€979 | +2.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €42,167 | €49,085 | +€6,919 | +16.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €7,875 | - | -€7,875 | |
| Other operating charges | 640/8 | €53,538 | €9,122 | -€44,416 | -83.0% |
| Gross operating margin | 9900 | €271,583 | €348,416 | +€76,833 | +28.3% |
| Operating profit (loss) | 9901 | €123,790 | €245,017 | +€121,227 | +97.9% |
| Financial income | 75/76B | €209 | €319 | +€111 | +53.1% |
| Recurring financial income | 75 | €209 | €319 | +€111 | +53.1% |
| Financial charges | 65/66B | €8,690 | €11,876 | +€3,187 | +36.7% |
| Recurring financial charges | 65 | €8,690 | €11,876 | +€3,187 | +36.7% |
| Profit (loss) for the period before taxes | 9903 | €115,309 | €233,460 | +€118,151 | +102.5% |
| Income taxes | 67/77 | €40,158 | €80,917 | +€40,759 | +101.5% |
| Profit (loss) for the period | 9904 | €75,151 | €152,544 | +€77,392 | +103.0% |
| Profit (loss) for the period to be appropriated | 9905 | €75,151 | €152,544 | +€77,392 | +103.0% |
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 7 October 2026 via checked.be.