FIDELIS RETAIL: 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 RETAIL
Largest movements
- Current investments +€50,994
up €50,994 (+41.5%), from €122,737 to €173,732
- Stocks and contracts +€18,296
new in 2025: €18,296
- Receivables within one year -€8,995
down €8,995 (-27.1%), from €33,198 to €24,204
- Cash +€6,654
up €6,654 (+206%), from €3,230 to €9,883
mainly Other debts (+€137,521) and Net result for the year (+€88,580)
- Tangible fixed assets -€5,898
down €5,898 (-3.1%), from €189,524 to €183,626
of which Land and buildings: -€9,633
- Other debts +€137,521
up €137,521 (+1,398%), from €9,836 to €147,357
- Profit (loss) carried forward -€111,420
down €111,420 (-56.8%), from €196,071 to €84,651
- Tax, wage and social debts +€40,535
up €40,535 (+186%), from €21,771 to €62,306
of which Taxes: +€43,973
- Debts after one year -€12,638
down €12,638 (-12.2%), from €103,652 to €91,014
- Trade debts +€8,417
up €8,417 (+561%), from €1,499 to €9,917
- Gross operating margin +€33,153
up €33,153 (+29.8%), from €111,406 to €144,558
- Taxes +€13,532
up €13,532 (+70.7%), from €19,130 to €32,662
- Depreciation -€7,632
down €7,632 (-33.4%), from €22,884 to €15,252
- Financial income +€1,762
up €1,762 (+51,681%), from €3 to €1,766
- Financial charges +€1,461
up €1,461 (+30.1%), from €4,848 to €6,309
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 | €349,990 | €413,106 | +€63,116 | +18.0% |
| Fixed assets | 21/28 | €189,524 | €183,626 | -€5,898 | -3.1% |
| Tangible fixed assets | 22/27 | €189,524 | €183,626 | -€5,898 | -3.1% |
| Land and buildings | 22 | €152,995 | €143,361 | -€9,633 | -6.3% |
| Plant, machinery and equipment | 23 | €32,417 | €37,602 | +€5,185 | +16.0% |
| Furniture and vehicles | 24 | €4,113 | €2,662 | -€1,450 | -35.3% |
| Current assets | 29/58 | €160,466 | €229,480 | +€69,015 | +43.0% |
| Stocks and contracts in progress | 3 | - | €18,296 | +€18,296 | |
| Stocks | 30/36 | - | €18,296 | +€18,296 | |
| Amounts receivable within one year | 40/41 | €33,198 | €24,204 | -€8,995 | -27.1% |
| Trade receivables | 40 | €33,198 | €24,204 | -€8,995 | -27.1% |
| Current investments | 50/53 | €122,737 | €173,732 | +€50,994 | +41.5% |
| Cash at bank and in hand | 54/58 | €3,230 | €9,883 | +€6,654 | +206% |
| Deferred charges and accrued income | 490/1 | €1,301 | €3,366 | +€2,065 | +159% |
| Total equity and liabilities | 10/49 | €349,990 | €413,106 | +€63,116 | +18.0% |
| Equity | 10/15 | €201,071 | €89,651 | -€111,420 | -55.4% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €196,071 | €84,651 | -€111,420 | -56.8% |
| Amounts payable | 17/49 | €148,919 | €323,456 | +€174,536 | +117% |
| Amounts payable after more than one year | 17 | €103,652 | €91,014 | -€12,638 | -12.2% |
| Financial debts | 170/4 | €103,652 | €91,014 | -€12,638 | -12.2% |
| Amounts payable within one year | 42/48 | €45,268 | €232,218 | +€186,950 | +413% |
| Current portion of amounts payable after more than one year | 42 | €12,161 | €12,638 | +€477 | +3.9% |
| Trade debts | 44 | €1,499 | €9,917 | +€8,417 | +561% |
| Suppliers | 440/4 | €1,499 | €9,917 | +€8,417 | +561% |
| Taxes, remuneration and social security | 45 | €21,771 | €62,306 | +€40,535 | +186% |
| Taxes | 450/3 | €18,333 | €62,306 | +€43,973 | +240% |
| Remuneration and social security | 454/9 | €3,438 | - | -€3,438 | |
| Other amounts payable | 47/48 | €9,836 | €147,357 | +€137,521 | +1,398% |
| Accrued charges and deferred income | 492/3 | - | €224 | +€224 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,884 | €15,252 | -€7,632 | -33.4% |
| Other operating charges | 640/8 | €3,197 | €3,521 | +€324 | +10.1% |
| Gross operating margin | 9900 | €111,406 | €144,558 | +€33,153 | +29.8% |
| Operating profit (loss) | 9901 | €85,325 | €125,785 | +€40,460 | +47.4% |
| Financial income | 75/76B | €3 | €1,766 | +€1,762 | +51,681% |
| Recurring financial income | 75 | €3 | €1,766 | +€1,762 | +51,681% |
| Financial charges | 65/66B | €4,848 | €6,309 | +€1,461 | +30.1% |
| Recurring financial charges | 65 | €4,848 | €6,309 | +€1,461 | +30.1% |
| Profit (loss) for the period before taxes | 9903 | €80,481 | €121,242 | +€40,762 | +50.6% |
| Income taxes | 67/77 | €19,130 | €32,662 | +€13,532 | +70.7% |
| Profit (loss) for the period | 9904 | €61,351 | €88,580 | +€27,229 | +44.4% |
| Profit (loss) for the period to be appropriated | 9905 | €61,351 | €88,580 | +€27,229 | +44.4% |
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 16 October 2026 via checked.be.