FIDEL Accountants: what changed
FIDEL Accountants
Largest movements
- Current investments -€70,934
down €70,934 (-100%), from €70,934 to €0
- Tangible fixed assets -€13,877
down €13,877 (-30.2%), from €45,990 to €32,113
of which Furniture and vehicles: -€13,006
- Receivables within one year +€8,188
up €8,188 (+20.1%), from €40,698 to €48,885
of which Other amounts receivable: +€5,000
- Intangible fixed assets -€4,783
down €4,783 (-42.6%), from €11,234 to €6,450
- Cash +€4,218
up €4,218 (+12.3%), from €34,346 to €38,565
mainly Net result for the year (+€84,035) and Other debts (+€72,317)
- Reserves -€115,495
down €115,495 (-92.0%), from €125,495 to €10,000
- Other debts +€72,317
up €72,317 (+1,736%), from €4,165 to €76,482
- Tax, wage and social debts -€18,552
down €18,552 (-60.6%), from €30,608 to €12,056
of which Taxes: -€18,552
- Debts after one year -€13,845
down €13,845 (-46.8%), from €29,581 to €15,736
- Current portion of long-term debt -€2,952
down €2,952 (-17.6%), from €16,797 to €13,845
- Gross operating margin +€6,819
up €6,819 (+5.5%), from €123,737 to €130,556
- Depreciation +€2,627
up €2,627 (+14.6%), from €18,028 to €20,655
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €215,629 | €137,896 | -€77,733 | -36.0% |
| Fixed assets | 21/28 | €57,224 | €38,563 | -€18,661 | -32.6% |
| Intangible fixed assets | 21 | €11,234 | €6,450 | -€4,783 | -42.6% |
| Tangible fixed assets | 22/27 | €45,990 | €32,113 | -€13,877 | -30.2% |
| Plant, machinery and equipment | 23 | €1,112 | €507 | -€605 | -54.4% |
| Furniture and vehicles | 24 | €43,866 | €30,859 | -€13,006 | -29.7% |
| Other tangible fixed assets | 26 | €1,012 | €746 | -€266 | -26.3% |
| Current assets | 29/58 | €158,405 | €99,333 | -€59,072 | -37.3% |
| Amounts receivable within one year | 40/41 | €40,698 | €48,885 | +€8,188 | +20.1% |
| Trade receivables | 40 | €40,698 | €43,885 | +€3,188 | +7.8% |
| Other amounts receivable | 41 | - | €5,000 | +€5,000 | |
| Current investments | 50/53 | €70,934 | €0 | -€70,934 | -100% |
| Cash at bank and in hand | 54/58 | €34,346 | €38,565 | +€4,218 | +12.3% |
| Deferred charges and accrued income | 490/1 | €12,427 | €11,883 | -€544 | -4.4% |
| Total equity and liabilities | 10/49 | €215,629 | €137,896 | -€77,733 | -36.0% |
| Equity | 10/15 | €126,495 | €11,000 | -€115,495 | -91.3% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €125,495 | €10,000 | -€115,495 | -92.0% |
| Distributable reserves | 133 | €125,495 | €10,000 | -€115,495 | -92.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €89,134 | €126,896 | +€37,762 | +42.4% |
| Amounts payable after more than one year | 17 | €29,581 | €15,736 | -€13,845 | -46.8% |
| Financial debts | 170/4 | €29,581 | €15,736 | -€13,845 | -46.8% |
| Amounts payable within one year | 42/48 | €58,303 | €108,887 | +€50,584 | +86.8% |
| Current portion of amounts payable after more than one year | 42 | €16,797 | €13,845 | -€2,952 | -17.6% |
| Trade debts | 44 | €6,732 | €6,503 | -€229 | -3.4% |
| Suppliers | 440/4 | €6,732 | €6,503 | -€229 | -3.4% |
| Taxes, remuneration and social security | 45 | €30,608 | €12,056 | -€18,552 | -60.6% |
| Taxes | 450/3 | €30,608 | €12,056 | -€18,552 | -60.6% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €4,165 | €76,482 | +€72,317 | +1,736% |
| Accrued charges and deferred income | 492/3 | €1,250 | €2,273 | +€1,023 | +81.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,028 | €20,655 | +€2,627 | +14.6% |
| Other operating charges | 640/8 | €576 | €766 | +€190 | +33.0% |
| Gross operating margin | 9900 | €123,737 | €130,556 | +€6,819 | +5.5% |
| Operating profit (loss) | 9901 | €105,133 | €109,135 | +€4,002 | +3.8% |
| Financial income | 75/76B | €1,399 | €104 | -€1,295 | -92.6% |
| Recurring financial income | 75 | €1,399 | €104 | -€1,295 | -92.6% |
| Financial charges | 65/66B | €2,050 | €2,909 | +€859 | +41.9% |
| Recurring financial charges | 65 | €2,050 | €2,909 | +€859 | +41.9% |
| Profit (loss) for the period before taxes | 9903 | €104,482 | €106,329 | +€1,848 | +1.8% |
| Income taxes | 67/77 | €21,837 | €22,295 | +€457 | +2.1% |
| Profit (loss) for the period | 9904 | €82,644 | €84,035 | +€1,391 | +1.7% |
| Profit (loss) for the period to be appropriated | 9905 | €82,644 | €84,035 | +€1,391 | +1.7% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.