FIDEBO: 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.
FIDEBO
Largest movements
- Stocks and contracts +€112,788
up €112,788 (+10.9%), from €1.0m to €1.1m
- Receivables within one year -€55,947
down €55,947 (-75.5%), from €74,067 to €18,120
of which Trade receivables: -€55,947
- Other debts +€399,954
up €399,954 (+98,754%), from €405 to €400,359
- Reserves -€225,817
down €225,817 (-21.6%), from €1.0m to €819,025
of which Distributable reserves: -€225,817
- Tax, wage and social debts -€120,551
down €120,551 (-79.0%), from €152,560 to €32,009
of which Taxes: -€114,551
- Advances received +€45,000
new in 2025: €45,000
- Trade debts -€44,119
down €44,119 (-90.3%), from €48,851 to €4,732
- Gross operating margin -€125,275
down €125,275 (-95.4%), from €131,331 to €6,056
- Taxes -€48,070
down €48,070 (-96.6%), from €49,761 to €1,691
- Depreciation -€5,352
down €5,352 (-42.1%), from €12,703 to €7,351
- Financial income +€4,827
up €4,827 (+107%), from €4,515 to €9,342
- Financial charges -€2,035
down €2,035 (-85.6%), from €2,377 to €342
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 | €1,321,058 | €1,375,525 | +€54,467 | +4.1% |
| Fixed assets | 21/28 | €31,585 | €24,234 | -€7,351 | -23.3% |
| Tangible fixed assets | 22/27 | €31,335 | €23,984 | -€7,351 | -23.5% |
| Plant, machinery and equipment | 23 | €8,976 | €6,103 | -€2,873 | -32.0% |
| Furniture and vehicles | 24 | €22,359 | €17,881 | -€4,478 | -20.0% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €1,289,473 | €1,351,291 | +€61,818 | +4.8% |
| Stocks and contracts in progress | 3 | €1,033,399 | €1,146,187 | +€112,788 | +10.9% |
| Contracts in progress | 37 | €1,033,399 | €1,146,187 | +€112,788 | +10.9% |
| Amounts receivable within one year | 40/41 | €74,067 | €18,120 | -€55,947 | -75.5% |
| Trade receivables | 40 | €55,947 | - | -€55,947 | |
| Other amounts receivable | 41 | €18,120 | €18,120 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €182,007 | €186,984 | +€4,977 | +2.7% |
| Total equity and liabilities | 10/49 | €1,321,058 | €1,375,525 | +€54,467 | +4.1% |
| Equity | 10/15 | €1,119,242 | €893,425 | -€225,817 | -20.2% |
| Contributions | 10/11 | €74,400 | €74,400 | = | 0.0% |
| Capital | 10 | €74,400 | €74,400 | = | 0.0% |
| Issued capital | 100 | €74,400 | €74,400 | = | 0.0% |
| Reserves | 13 | €1,044,842 | €819,025 | -€225,817 | -21.6% |
| Non-distributable reserves | 130/1 | €7,440 | €7,440 | = | 0.0% |
| Legal reserve | 130 | €7,440 | €7,440 | = | 0.0% |
| Distributable reserves | 133 | €1,037,402 | €811,585 | -€225,817 | -21.8% |
| Amounts payable | 17/49 | €201,816 | €482,100 | +€280,284 | +139% |
| Amounts payable within one year | 42/48 | €201,816 | €482,100 | +€280,284 | +139% |
| Trade debts | 44 | €48,851 | €4,732 | -€44,119 | -90.3% |
| Suppliers | 440/4 | €48,851 | €4,732 | -€44,119 | -90.3% |
| Advances received on contracts in progress | 46 | - | €45,000 | +€45,000 | |
| Taxes, remuneration and social security | 45 | €152,560 | €32,009 | -€120,551 | -79.0% |
| Taxes | 450/3 | €146,560 | €32,009 | -€114,551 | -78.2% |
| Remuneration and social security | 454/9 | €6,000 | - | -€6,000 | |
| Other amounts payable | 47/48 | €405 | €400,359 | +€399,954 | +98,754% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,703 | €7,351 | -€5,352 | -42.1% |
| Other operating charges | 640/8 | €2,998 | €2,232 | -€766 | -25.6% |
| Gross operating margin | 9900 | €131,331 | €6,056 | -€125,275 | -95.4% |
| Operating profit (loss) | 9901 | €115,630 | -€3,527 | -€119,157 | |
| Financial income | 75/76B | €4,515 | €9,342 | +€4,827 | +107% |
| Recurring financial income | 75 | €4,515 | €9,342 | +€4,827 | +107% |
| Financial charges | 65/66B | €2,377 | €342 | -€2,035 | -85.6% |
| Recurring financial charges | 65 | €2,377 | €342 | -€2,035 | -85.6% |
| Profit (loss) for the period before taxes | 9903 | €117,768 | €5,473 | -€112,295 | -95.4% |
| Income taxes | 67/77 | €49,761 | €1,691 | -€48,070 | -96.6% |
| Profit (loss) for the period | 9904 | €68,007 | €3,782 | -€64,225 | -94.4% |
| Profit (loss) for the period to be appropriated | 9905 | €68,007 | €3,782 | -€64,225 | -94.4% |
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 17 October 2026 via checked.be.