FIDELIS: what changed
Two fiscal 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
- Stocks and contracts +€224,124
up €224,124 (+27.3%), from €820,227 to €1.0m
- Debts after one year +€226,609
up €226,609 (+26.9%), from €843,000 to €1.1m
of which Other amounts payable: +€226,609
- Gross operating margin +€3,414
up €3,414 (+36.1%), from -€9,451 to -€6,037
- Financial charges +€724
up €724 (+1108.8%), from €65 to €789
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €827,671 | €1,047,386 | +€219,715 | +26.5% |
| Current assets | 29/58 | €827,671 | €1,047,386 | +€219,715 | +26.5% |
| Stocks and contracts in progress | 3 | €820,227 | €1,044,351 | +€224,124 | +27.3% |
| Stocks | 30/36 | €820,227 | €1,044,351 | +€224,124 | +27.3% |
| Cash at bank and in hand | 54/58 | €7,359 | €2,950 | -€4,409 | -59.9% |
| Deferred charges and accrued income | 490/1 | €85 | €85 | -€0 | -0.4% |
| Total equity and liabilities | 10/49 | €827,671 | €1,047,386 | +€219,715 | +26.5% |
| Equity | 10/15 | -€15,329 | -€22,611 | -€7,282 | -47.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €0 | - | = | |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Profit (loss) carried forward | 14 | -€33,929 | -€41,211 | -€7,282 | -21.5% |
| Amounts payable | 17/49 | €843,000 | €1,069,997 | +€226,997 | +26.9% |
| Amounts payable after more than one year | 17 | €843,000 | €1,069,609 | +€226,609 | +26.9% |
| Financial debts | 170/4 | €575,000 | €575,000 | = | 0.0% |
| Other amounts payable | 178/9 | €268,000 | €494,609 | +€226,609 | +84.6% |
| Amounts payable within one year | 42/48 | €0 | €387 | +€387 | |
| Trade debts | 44 | €0 | €387 | +€387 | |
| Suppliers | 440/4 | €0 | €387 | +€387 | |
| Other operating charges | 640/8 | €465 | €456 | -€9 | -2.0% |
| Gross operating margin | 9900 | -€9,451 | -€6,037 | +€3,414 | +36.1% |
| Operating profit (loss) | 9901 | -€9,915 | -€6,493 | +€3,423 | +34.5% |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €65 | €789 | +€724 | +1108.8% |
| Recurring financial charges | 65 | €65 | €789 | +€724 | +1108.8% |
| Profit (loss) for the period before taxes | 9903 | -€9,981 | -€7,282 | +€2,699 | +27.0% |
| Profit (loss) for the period | 9904 | -€9,981 | -€7,282 | +€2,699 | +27.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,981 | -€7,282 | +€2,699 | +27.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.