Fidebat: 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.
Fidebat
Largest movements
- Cash +€99,296
up €99,296 (+8519.9%), from €1,165 to €100,461
mainly Trade debts (+€55,193) and Receivables within one year (+€48,739)
- Receivables within one year -€48,739
down €48,739 (-28.9%), from €168,533 to €119,793
of which Trade receivables: -€82,745
- Stocks and contracts -€15,500
down €15,500 (-17.5%), from €88,460 to €72,960
of which Contracts in progress: -€32,800
- Tangible fixed assets +€11,921
up €11,921 (+8.1%), from €147,237 to €159,158
of which Furniture and vehicles: +€31,142
- Deferred charges and accrued income +€9,465
up €9,465 (+97.3%), from €9,729 to €19,194
- Trade debts +€55,193
up €55,193 (+96.7%), from €57,056 to €112,249
- Profit (loss) carried forward +€25,833
up €25,833 (+39.1%), from -€66,053 to -€40,220
- Revaluation surpluses -€19,400
down €19,400 (-26.3%), from €73,800 to €54,400
- Tax, wage and social debts -€15,978
down €15,978 (-32.8%), from €48,736 to €32,758
of which Remuneration and social security: -€8,114
- Current portion of long-term debt +€8,799
up €8,799 (+36.9%), from €23,815 to €32,614
- Staff costs -€83,346
down €83,346 (-10.5%), from €791,959 to €708,613
- Gross operating margin +€57,008
up €57,008 (+8.0%), from €712,557 to €769,565
- Depreciation -€9,855
down €9,855 (-18.6%), from €52,900 to €43,045
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 | €418,828 | €475,269 | +€56,441 | +13.5% |
| Fixed assets | 21/28 | €150,940 | €162,861 | +€11,921 | +7.9% |
| Tangible fixed assets | 22/27 | €147,237 | €159,158 | +€11,921 | +8.1% |
| Plant, machinery and equipment | 23 | €47,579 | €28,358 | -€19,222 | -40.4% |
| Furniture and vehicles | 24 | €99,658 | €130,800 | +€31,142 | +31.2% |
| Financial fixed assets | 28 | €3,703 | €3,703 | = | 0.0% |
| Current assets | 29/58 | €267,887 | €312,408 | +€44,521 | +16.6% |
| Stocks and contracts in progress | 3 | €88,460 | €72,960 | -€15,500 | -17.5% |
| Stocks | 30/36 | €25,660 | €42,960 | +€17,300 | +67.4% |
| Contracts in progress | 37 | €62,800 | €30,000 | -€32,800 | -52.2% |
| Amounts receivable within one year | 40/41 | €168,533 | €119,793 | -€48,739 | -28.9% |
| Trade receivables | 40 | €135,210 | €52,465 | -€82,745 | -61.2% |
| Other amounts receivable | 41 | €33,323 | €67,328 | +€34,005 | +102.0% |
| Cash at bank and in hand | 54/58 | €1,165 | €100,461 | +€99,296 | +8519.9% |
| Deferred charges and accrued income | 490/1 | €9,729 | €19,194 | +€9,465 | +97.3% |
| Total equity and liabilities | 10/49 | €418,828 | €475,269 | +€56,441 | +13.5% |
| Equity | 10/15 | €236,697 | €243,130 | +€6,433 | +2.7% |
| Contributions | 10/11 | €105,500 | €105,500 | = | 0.0% |
| Capital | 10 | €105,500 | €105,500 | = | 0.0% |
| Issued capital | 100 | €105,500 | €105,500 | = | 0.0% |
| Revaluation surpluses | 12 | €73,800 | €54,400 | -€19,400 | -26.3% |
| Reserves | 13 | €123,450 | €123,450 | = | 0.0% |
| Non-distributable reserves | 130/1 | €10,550 | €10,550 | = | 0.0% |
| Legal reserve | 130 | €10,550 | €10,550 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €94,150 | €94,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€66,053 | -€40,220 | +€25,833 | +39.1% |
| Amounts payable | 17/49 | €182,131 | €232,139 | +€50,009 | +27.5% |
| Amounts payable after more than one year | 17 | €33,353 | €40,739 | +€7,386 | +22.1% |
| Financial debts | 170/4 | €33,353 | €40,739 | +€7,386 | +22.1% |
| Amounts payable within one year | 42/48 | €148,778 | €191,401 | +€42,623 | +28.6% |
| Current portion of amounts payable after more than one year | 42 | €23,815 | €32,614 | +€8,799 | +36.9% |
| Financial debts | 43 | €1,250 | €1,250 | = | 0.0% |
| Credit institutions | 430/8 | €1,250 | €1,250 | = | 0.0% |
| Trade debts | 44 | €57,056 | €112,249 | +€55,193 | +96.7% |
| Suppliers | 440/4 | €57,056 | €112,249 | +€55,193 | +96.7% |
| Taxes, remuneration and social security | 45 | €48,736 | €32,758 | -€15,978 | -32.8% |
| Taxes | 450/3 | €19,119 | €11,254 | -€7,864 | -41.1% |
| Remuneration and social security | 454/9 | €29,618 | €21,504 | -€8,114 | -27.4% |
| Other amounts payable | 47/48 | €17,921 | €12,529 | -€5,392 | -30.1% |
| Remuneration, social security and pensions | 62 | €791,959 | €708,613 | -€83,346 | -10.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €52,900 | €43,045 | -€9,855 | -18.6% |
| Other operating charges | 640/8 | €3,531 | €4,172 | +€641 | +18.1% |
| Non-recurring operating charges | 66A | - | €1,540 | +€1,540 | |
| Gross operating margin | 9900 | €712,557 | €769,565 | +€57,008 | +8.0% |
| Operating profit (loss) | 9901 | -€135,833 | €12,195 | +€148,028 | |
| Financial income | 75/76B | €137 | €433 | +€296 | +215.9% |
| Recurring financial income | 75 | €137 | €433 | +€296 | +215.9% |
| Financial charges | 65/66B | €7,115 | €5,496 | -€1,619 | -22.8% |
| Recurring financial charges | 65 | €7,115 | €5,496 | -€1,619 | -22.8% |
| Profit (loss) for the period before taxes | 9903 | -€142,811 | €7,132 | +€149,943 | |
| Income taxes | 67/77 | €637 | €699 | +€62 | +9.8% |
| Profit (loss) for the period | 9904 | -€143,448 | €6,433 | +€149,881 | |
| Profit (loss) for the period to be appropriated | 9905 | -€143,448 | €6,433 | +€149,881 |
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.