FIDEL: 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.
FIDEL
Largest movements
- Cash -€4,475
down €4,475 (-24.4%), from €18,328 to €13,853
mainly Net result for the year (-€4,094) and Trade debts (-€279)
- Profit (loss) carried forward -€4,094
down €4,094 (-13.8%), from -€29,573 to -€33,667
- Trade debts -€279
down €279 (-25.4%), from €1,100 to €821
- Gross operating margin -€458
down €458 (-15.2%), from -€3,020 to -€3,478
- Other operating charges -€84
down €84 (-13.3%), from €632 to €548
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 | €22,906 | €18,488 | -€4,418 | -19.3% |
| Current assets | 29/58 | €22,906 | €18,488 | -€4,418 | -19.3% |
| Amounts receivable within one year | 40/41 | €4,454 | €4,375 | -€79 | -1.8% |
| Trade receivables | 40 | €4,452 | €4,375 | -€77 | -1.7% |
| Other amounts receivable | 41 | €2 | - | -€2 | |
| Cash at bank and in hand | 54/58 | €18,328 | €13,853 | -€4,475 | -24.4% |
| Deferred charges and accrued income | 490/1 | €124 | €260 | +€136 | +109.7% |
| Total equity and liabilities | 10/49 | €22,906 | €18,488 | -€4,418 | -19.3% |
| Equity | 10/15 | €9,424 | €5,330 | -€4,094 | -43.4% |
| Contributions | 10/11 | €25,000 | €25,000 | = | 0.0% |
| Reserves | 13 | €13,997 | €13,997 | = | 0.0% |
| Distributable reserves | 133 | €13,997 | €13,997 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€29,573 | -€33,667 | -€4,094 | -13.8% |
| Amounts payable | 17/49 | €13,482 | €13,158 | -€324 | -2.4% |
| Amounts payable within one year | 42/48 | €13,482 | €13,158 | -€324 | -2.4% |
| Trade debts | 44 | €1,100 | €821 | -€279 | -25.4% |
| Suppliers | 440/4 | €1,100 | €821 | -€279 | -25.4% |
| Taxes, remuneration and social security | 45 | €3,319 | €3,337 | +€18 | +0.5% |
| Taxes | 450/3 | €2,019 | €2,037 | +€18 | +0.9% |
| Remuneration and social security | 454/9 | €1,300 | €1,300 | = | 0.0% |
| Other amounts payable | 47/48 | €9,063 | €9,000 | -€63 | -0.7% |
| Other operating charges | 640/8 | €632 | €548 | -€84 | -13.3% |
| Gross operating margin | 9900 | -€3,020 | -€3,478 | -€458 | -15.2% |
| Operating profit (loss) | 9901 | -€3,652 | -€4,026 | -€374 | -10.2% |
| Financial charges | 65/66B | €98 | €68 | -€30 | -30.6% |
| Recurring financial charges | 65 | €98 | €68 | -€30 | -30.6% |
| Profit (loss) for the period before taxes | 9903 | -€3,750 | -€4,094 | -€344 | -9.2% |
| Profit (loss) for the period | 9904 | -€3,750 | -€4,094 | -€344 | -9.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,750 | -€4,094 | -€344 | -9.2% |
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 8 October 2026 via checked.be.