FIDELA: 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.
FIDELA
Largest movements
- Cash +€31,862
up €31,862 (+55.0%), from €57,884 to €89,746
mainly Net result for the year (+€87,507) and Other debts (+€9,975)
- Receivables within one year -€9,748
down €9,748 (-29.8%), from €32,738 to €22,990
of which Other amounts receivable: -€10,958
- Tangible fixed assets -€1,544
down €1,544 (-14.8%), from €10,432 to €8,888
of which Plant, machinery and equipment: -€1,700
- Other debts +€9,975
up €9,975 (+13.6%), from €73,161 to €83,136
- Tax, wage and social debts +€8,444
up €8,444 (+93.7%), from €9,012 to €17,456
- Trade debts +€2,222
up €2,222 (+392.6%), from €566 to €2,788
- Gross operating margin +€25,724
up €25,724 (+27.3%), from €94,373 to €120,098
- Taxes +€6,592
up €6,592 (+34.6%), from €19,042 to €25,634
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 | €101,340 | €121,980 | +€20,640 | +20.4% |
| Fixed assets | 21/28 | €10,432 | €8,888 | -€1,544 | -14.8% |
| Tangible fixed assets | 22/27 | €10,432 | €8,888 | -€1,544 | -14.8% |
| Plant, machinery and equipment | 23 | €6,265 | €4,565 | -€1,700 | -27.1% |
| Furniture and vehicles | 24 | €4,167 | €4,323 | +€155 | +3.7% |
| Current assets | 29/58 | €90,907 | €113,092 | +€22,185 | +24.4% |
| Amounts receivable within one year | 40/41 | €32,738 | €22,990 | -€9,748 | -29.8% |
| Trade receivables | 40 | €21,780 | €22,990 | +€1,210 | +5.6% |
| Other amounts receivable | 41 | €10,958 | €0 | -€10,958 | -100.0% |
| Cash at bank and in hand | 54/58 | €57,884 | €89,746 | +€31,862 | +55.0% |
| Deferred charges and accrued income | 490/1 | €285 | €356 | +€71 | +25.0% |
| Total equity and liabilities | 10/49 | €101,340 | €121,980 | +€20,640 | +20.4% |
| Equity | 10/15 | €18,600 | €18,600 | = | 0.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €82,740 | €103,380 | +€20,640 | +24.9% |
| Amounts payable within one year | 42/48 | €82,740 | €103,380 | +€20,640 | +24.9% |
| Trade debts | 44 | €566 | €2,788 | +€2,222 | +392.6% |
| Suppliers | 440/4 | €566 | €2,788 | +€2,222 | +392.6% |
| Taxes, remuneration and social security | 45 | €9,012 | €17,456 | +€8,444 | +93.7% |
| Taxes | 450/3 | €9,012 | €17,456 | +€8,444 | +93.7% |
| Other amounts payable | 47/48 | €73,161 | €83,136 | +€9,975 | +13.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,536 | €3,232 | +€696 | +27.5% |
| Other operating charges | 640/8 | €492 | €591 | +€99 | +20.2% |
| Gross operating margin | 9900 | €94,373 | €120,098 | +€25,724 | +27.3% |
| Operating profit (loss) | 9901 | €91,346 | €116,274 | +€24,929 | +27.3% |
| Financial income | 75/76B | €47 | €0 | -€47 | -100.0% |
| Recurring financial income | 75 | €47 | €0 | -€47 | -100.0% |
| Financial charges | 65/66B | €2,788 | €3,133 | +€346 | +12.4% |
| Recurring financial charges | 65 | €2,788 | €3,133 | +€346 | +12.4% |
| Profit (loss) for the period before taxes | 9903 | €88,605 | €113,141 | +€24,536 | +27.7% |
| Income taxes | 67/77 | €19,042 | €25,634 | +€6,592 | +34.6% |
| Profit (loss) for the period | 9904 | €69,564 | €87,507 | +€17,944 | +25.8% |
| Profit (loss) for the period to be appropriated | 9905 | €69,564 | €87,507 | +€17,944 | +25.8% |
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 10 October 2026 via checked.be.