FIDELIS: 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.
FIDELIS
Largest movements
- Receivables within one year -€36,343
down €36,343 (-77.8%), from €46,726 to €10,383
- Tangible fixed assets -€11,216
down €11,216 (-43.0%), from €26,066 to €14,850
of which Furniture and vehicles: -€9,861
- Deferred charges and accrued income +€8,522
up €8,522 (+365.6%), from €2,331 to €10,853
- Cash +€5,831
up €5,831 (+729.6%), from €799 to €6,630
mainly Receivables within one year (+€36,343) and Depreciation (+€5,824)
- Intangible fixed assets +€1,581
up €1,581 (+61.9%), from €2,556 to €4,138
- Trade debts -€22,296
down €22,296 (-92.8%), from €24,030 to €1,733
- Other debts -€5,827
down €5,827 (-81.3%), from €7,172 to €1,344
- Profit (loss) carried forward -€3,149
down €3,149 (-9.3%), from €34,024 to €30,875
- Accrued charges and deferred income -€1,499
down €1,499 (-96.0%), from €1,561 to €62
- Tax, wage and social debts +€1,148
up €1,148 (+13.2%), from €8,692 to €9,840
- Gross operating margin -€22,932
down €22,932 (-83.2%), from €27,553 to €4,620
- Other operating charges -€5,328
down €5,328 (-81.3%), from €6,550 to €1,223
- Taxes -€4,491
down €4,491 (-88.8%), from €5,060 to €569
- Depreciation -€3,057
down €3,057 (-34.4%), from €8,881 to €5,824
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 | €78,479 | €46,854 | -€31,625 | -40.3% |
| Fixed assets | 21/28 | €28,622 | €18,987 | -€9,635 | -33.7% |
| Intangible fixed assets | 21 | €2,556 | €4,138 | +€1,581 | +61.9% |
| Tangible fixed assets | 22/27 | €26,066 | €14,850 | -€11,216 | -43.0% |
| Plant, machinery and equipment | 23 | €444 | €198 | -€247 | -55.5% |
| Furniture and vehicles | 24 | €13,962 | €4,101 | -€9,861 | -70.6% |
| Other tangible fixed assets | 26 | €11,659 | €10,551 | -€1,108 | -9.5% |
| Current assets | 29/58 | €49,857 | €27,867 | -€21,990 | -44.1% |
| Amounts receivable within one year | 40/41 | €46,726 | €10,383 | -€36,343 | -77.8% |
| Trade receivables | 40 | €46,726 | €10,383 | -€36,343 | -77.8% |
| Cash at bank and in hand | 54/58 | €799 | €6,630 | +€5,831 | +729.6% |
| Deferred charges and accrued income | 490/1 | €2,331 | €10,853 | +€8,522 | +365.6% |
| Total equity and liabilities | 10/49 | €78,479 | €46,854 | -€31,625 | -40.3% |
| Equity | 10/15 | €37,024 | €33,875 | -€3,149 | -8.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €34,024 | €30,875 | -€3,149 | -9.3% |
| Amounts payable | 17/49 | €41,455 | €12,979 | -€28,476 | -68.7% |
| Amounts payable within one year | 42/48 | €39,893 | €12,917 | -€26,976 | -67.6% |
| Financial debts | 43 | €0 | - | = | |
| Credit institutions | 430/8 | €0 | - | = | |
| Trade debts | 44 | €24,030 | €1,733 | -€22,296 | -92.8% |
| Suppliers | 440/4 | €24,030 | €1,733 | -€22,296 | -92.8% |
| Taxes, remuneration and social security | 45 | €8,692 | €9,840 | +€1,148 | +13.2% |
| Taxes | 450/3 | €8,692 | €9,840 | +€1,148 | +13.2% |
| Other amounts payable | 47/48 | €7,172 | €1,344 | -€5,827 | -81.3% |
| Accrued charges and deferred income | 492/3 | €1,561 | €62 | -€1,499 | -96.0% |
| Non-recurring operating income | 76A | - | €4,220 | +€4,220 | |
| Remuneration, social security and pensions | 62 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,881 | €5,824 | -€3,057 | -34.4% |
| Other operating charges | 640/8 | €6,550 | €1,223 | -€5,328 | -81.3% |
| Gross operating margin | 9900 | €27,553 | €4,620 | -€22,932 | -83.2% |
| Operating profit (loss) | 9901 | €12,121 | -€2,426 | -€14,548 | |
| Financial income | 75/76B | €0 | €6 | +€6 | +58200.0% |
| Recurring financial income | 75 | €0 | €6 | +€6 | +58200.0% |
| Financial charges | 65/66B | €163 | €160 | -€4 | -2.2% |
| Recurring financial charges | 65 | €163 | €160 | -€4 | -2.2% |
| Profit (loss) for the period before taxes | 9903 | €11,958 | -€2,580 | -€14,539 | |
| Income taxes | 67/77 | €5,060 | €569 | -€4,491 | -88.8% |
| Profit (loss) for the period | 9904 | €6,898 | -€3,149 | -€10,047 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,898 | -€3,149 | -€10,047 |
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 11 October 2026 via checked.be.