Fidelia Beheer: 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.
Fidelia Beheer
Largest movements
- Tangible fixed assets +€127,998
up €127,998 (+64.1%), from €199,607 to €327,604
of which Land and buildings: +€133,437
- Financial fixed assets +€100,000
up €100,000 (+14.5%), from €689,676 to €789,676
- Receivables within one year +€18,413
up €18,413 (+26.2%), from €70,175 to €88,588
of which Trade receivables: +€65,000
- Debts after one year +€179,453
up €179,453 (+509%), from €35,250 to €214,703
- Reserves +€66,194
up €66,194 (+10.0%), from €659,447 to €725,640
of which Distributable reserves: +€66,194
- Current portion of long-term debt +€25,912
up €25,912 (+443%), from €5,848 to €31,760
- Financial income -€261,720
down €261,720 (-99.5%), from €262,903 to €1,183
- Gross operating margin -€200,840
down €200,840 (-59.4%), from €338,016 to €137,176
- Depreciation +€23,337
up €23,337 (+244%), from €9,582 to €32,919
- Taxes -€21,803
down €21,803 (-40.4%), from €54,003 to €32,200
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 | €988,046 | €1,246,621 | +€258,575 | +26.2% |
| Fixed assets | 21/28 | €889,283 | €1,117,281 | +€227,998 | +25.6% |
| Tangible fixed assets | 22/27 | €199,607 | €327,604 | +€127,998 | +64.1% |
| Land and buildings | 22 | €140,823 | €274,260 | +€133,437 | +94.8% |
| Furniture and vehicles | 24 | €37,283 | €31,844 | -€5,439 | -14.6% |
| Other tangible fixed assets | 26 | €21,500 | €21,500 | = | 0.0% |
| Financial fixed assets | 28 | €689,676 | €789,676 | +€100,000 | +14.5% |
| Current assets | 29/58 | €98,763 | €129,340 | +€30,577 | +31.0% |
| Amounts receivable within one year | 40/41 | €70,175 | €88,588 | +€18,413 | +26.2% |
| Trade receivables | 40 | - | €65,000 | +€65,000 | |
| Other amounts receivable | 41 | €70,175 | €23,588 | -€46,587 | -66.4% |
| Current investments | 50/53 | €27,500 | €35,000 | +€7,500 | +27.3% |
| Cash at bank and in hand | 54/58 | €1,088 | €5,393 | +€4,304 | +396% |
| Deferred charges and accrued income | 490/1 | - | €360 | +€360 | |
| Total equity and liabilities | 10/49 | €988,046 | €1,246,621 | +€258,575 | +26.2% |
| Equity | 10/15 | €816,265 | €882,459 | +€66,194 | +8.1% |
| Contributions | 10/11 | €156,819 | €156,819 | = | 0.0% |
| Reserves | 13 | €659,447 | €725,640 | +€66,194 | +10.0% |
| Tax-exempt reserves | 132 | €175,941 | €175,941 | = | 0.0% |
| Distributable reserves | 133 | €483,506 | €549,699 | +€66,194 | +13.7% |
| Provisions and deferred taxes | 16 | €58,647 | €58,647 | = | 0.0% |
| Deferred taxes | 168 | €58,647 | €58,647 | = | 0.0% |
| Amounts payable | 17/49 | €113,134 | €305,515 | +€192,382 | +170% |
| Amounts payable after more than one year | 17 | €35,250 | €214,703 | +€179,453 | +509% |
| Financial debts | 170/4 | €35,250 | €214,703 | +€179,453 | +509% |
| Amounts payable within one year | 42/48 | €77,884 | €90,812 | +€12,928 | +16.6% |
| Current portion of amounts payable after more than one year | 42 | €5,848 | €31,760 | +€25,912 | +443% |
| Financial debts | 43 | €18,528 | €25,000 | +€6,472 | +34.9% |
| Credit institutions | 430/8 | €18,528 | €25,000 | +€6,472 | +34.9% |
| Trade debts | 44 | €5,015 | €3,027 | -€1,988 | -39.6% |
| Suppliers | 440/4 | €5,015 | €3,027 | -€1,988 | -39.6% |
| Taxes, remuneration and social security | 45 | €28,439 | €22,991 | -€5,448 | -19.2% |
| Taxes | 450/3 | €21,813 | €17,751 | -€4,062 | -18.6% |
| Remuneration and social security | 454/9 | €6,626 | €5,241 | -€1,385 | -20.9% |
| Other amounts payable | 47/48 | €20,054 | €8,034 | -€12,020 | -59.9% |
| Non-recurring operating income | 76A | €234,588 | - | -€234,588 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,582 | €32,919 | +€23,337 | +244% |
| Other operating charges | 640/8 | €1,614 | €1,330 | -€284 | -17.6% |
| Gross operating margin | 9900 | €338,016 | €137,176 | -€200,840 | -59.4% |
| Operating profit (loss) | 9901 | €326,819 | €102,926 | -€223,893 | -68.5% |
| Financial income | 75/76B | €262,903 | €1,183 | -€261,720 | -99.5% |
| Recurring financial income | 75 | €262,903 | €1,183 | -€261,720 | -99.5% |
| Financial charges | 65/66B | €3,638 | €5,716 | +€2,078 | +57.1% |
| Recurring financial charges | 65 | €3,638 | €5,716 | +€2,078 | +57.1% |
| Profit (loss) for the period before taxes | 9903 | €586,085 | €98,394 | -€487,691 | -83.2% |
| Transfer to deferred taxes | 680 | €58,647 | - | -€58,647 | |
| Income taxes | 67/77 | €54,003 | €32,200 | -€21,803 | -40.4% |
| Profit (loss) for the period | 9904 | €473,434 | €66,194 | -€407,241 | -86.0% |
| Transfer to tax-exempt reserves | 689 | €175,941 | - | -€175,941 | |
| Profit (loss) for the period to be appropriated | 9905 | €297,493 | €66,194 | -€231,299 | -77.7% |
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 14 October 2026 via checked.be.