FIDELE: 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.
FIDELE
Largest movements
- Receivables within one year +€8,564
up €8,564 (+20.2%), from €42,495 to €51,058
of which Other amounts receivable: +€8,941
- Tangible fixed assets -€6,353
down €6,353 (-33.5%), from €18,973 to €12,620
- Deferred charges and accrued income +€727
up €727 (+79.8%), from €911 to €1,637
- Profit (loss) carried forward +€10,974
up €10,974 (+26.0%), from €42,208 to €53,181
- Debts after one year -€8,987
no longer reported in 2025 (was €8,987)
- Trade debts +€1,318
new in 2025: €1,318
- Tax, wage and social debts -€1,302
down €1,302 (-48.8%), from €2,667 to €1,365
of which Remuneration and social security: -€1,353
- Staff costs -€3,400
down €3,400 (-10.3%), from €32,878 to €29,478
- Taxes +€3,216
new in 2025: €3,216
- Gross operating margin +€2,335
up €2,335 (+4.8%), from €48,827 to €51,162
- Turnover +€1,700
up €1,700 (+2.2%), from €76,293 to €77,993
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 | €66,348 | €68,878 | +€2,530 | +3.8% |
| Fixed assets | 21/28 | €19,223 | €12,870 | -€6,353 | -33.1% |
| Tangible fixed assets | 22/27 | €18,973 | €12,620 | -€6,353 | -33.5% |
| Furniture and vehicles | 24 | €18,973 | €12,620 | -€6,353 | -33.5% |
| Financial fixed assets | 28 | €250 | €250 | = | 0.0% |
| Current assets | 29/58 | €47,125 | €56,008 | +€8,883 | +18.8% |
| Amounts receivable within one year | 40/41 | €42,495 | €51,058 | +€8,564 | +20.2% |
| Trade receivables | 40 | €377 | - | -€377 | |
| Other amounts receivable | 41 | €42,117 | €51,058 | +€8,941 | +21.2% |
| Cash at bank and in hand | 54/58 | €3,720 | €3,313 | -€408 | -11.0% |
| Deferred charges and accrued income | 490/1 | €911 | €1,637 | +€727 | +79.8% |
| Total equity and liabilities | 10/49 | €66,348 | €68,878 | +€2,530 | +3.8% |
| Equity | 10/15 | €46,233 | €57,207 | +€10,974 | +23.7% |
| Contributions | 10/11 | €592 | €592 | = | 0.0% |
| Reserves | 13 | €3,434 | €3,434 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,575 | €1,575 | = | 0.0% |
| Distributable reserves | 133 | €1,859 | €1,859 | = | 0.0% |
| Profit (loss) carried forward | 14 | €42,208 | €53,181 | +€10,974 | +26.0% |
| Amounts payable | 17/49 | €20,115 | €11,671 | -€8,444 | -42.0% |
| Amounts payable after more than one year | 17 | €8,987 | - | -€8,987 | |
| Financial debts | 170/4 | €8,987 | - | -€8,987 | |
| Amounts payable within one year | 42/48 | €11,127 | €11,671 | +€543 | +4.9% |
| Current portion of amounts payable after more than one year | 42 | €8,461 | €8,987 | +€527 | +6.2% |
| Trade debts | 44 | - | €1,318 | +€1,318 | |
| Suppliers | 440/4 | - | €1,318 | +€1,318 | |
| Taxes, remuneration and social security | 45 | €2,667 | €1,365 | -€1,302 | -48.8% |
| Taxes | 450/3 | - | €51 | +€51 | |
| Remuneration and social security | 454/9 | €2,667 | €1,314 | -€1,353 | -50.7% |
| Turnover | 70 | €76,293 | €77,993 | +€1,700 | +2.2% |
| Goods, raw materials, services and sundry goods | 60/61 | €28,989 | €28,580 | -€409 | -1.4% |
| Remuneration, social security and pensions | 62 | €32,878 | €29,478 | -€3,400 | -10.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,353 | €6,353 | = | 0.0% |
| Other operating charges | 640/8 | €694 | €59 | -€635 | -91.5% |
| Gross operating margin | 9900 | €48,827 | €51,162 | +€2,335 | +4.8% |
| Operating profit (loss) | 9901 | €8,903 | €15,272 | +€6,369 | +71.5% |
| Financial charges | 65/66B | €1,560 | €1,082 | -€479 | -30.7% |
| Recurring financial charges | 65 | €1,560 | €1,082 | -€479 | -30.7% |
| Profit (loss) for the period before taxes | 9903 | €7,342 | €14,190 | +€6,848 | +93.3% |
| Income taxes | 67/77 | - | €3,216 | +€3,216 | |
| Profit (loss) for the period | 9904 | €7,342 | €10,974 | +€3,632 | +49.5% |
| Profit (loss) for the period to be appropriated | 9905 | €7,342 | €10,974 | +€3,632 | +49.5% |
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 23 October 2026 via checked.be.