FIDELITY CONSULT & PARTNERS: 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.
FIDELITY CONSULT & PARTNERS
Largest movements
- Cash +€417,255
up €417,255 (+470%), from €88,726 to €505,981
mainly Investment in fixed assets (net) (+€221,982) and Net result for the year (+€145,124)
- Tangible fixed assets -€236,879
down €236,879 (-99.1%), from €238,990 to €2,112
of which Land and buildings: -€223,229
- Reserves +€145,124
up €145,124 (+85.9%), from €168,989 to €314,113
- Tax, wage and social debts +€29,249
up €29,249 (+70.3%), from €41,580 to €70,830
- Gross operating margin +€148,132
up €148,132 (+164%), from €90,112 to €238,243
- Taxes +€51,209
up €51,209 (+209%), from €24,557 to €75,766
- Depreciation -€9,268
down €9,268 (-38.4%), from €24,164 to €14,896
- Financial income -€2,740
no longer reported in 2025 (was €2,740)
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 | €351,822 | €531,602 | +€179,779 | +51.1% |
| Fixed assets | 21/28 | €238,990 | €2,112 | -€236,879 | -99.1% |
| Tangible fixed assets | 22/27 | €238,990 | €2,112 | -€236,879 | -99.1% |
| Land and buildings | 22 | €223,229 | - | -€223,229 | |
| Plant, machinery and equipment | 23 | €5,912 | €1,673 | -€4,239 | -71.7% |
| Furniture and vehicles | 24 | €9,850 | €438 | -€9,411 | -95.5% |
| Current assets | 29/58 | €112,832 | €529,490 | +€416,658 | +369% |
| Amounts receivable within one year | 40/41 | €23,229 | €19,892 | -€3,337 | -14.4% |
| Trade receivables | 40 | €22,696 | €19,326 | -€3,370 | -14.8% |
| Other amounts receivable | 41 | €533 | €566 | +€32 | +6.1% |
| Cash at bank and in hand | 54/58 | €88,726 | €505,981 | +€417,255 | +470% |
| Deferred charges and accrued income | 490/1 | €876 | €3,617 | +€2,740 | +313% |
| Total equity and liabilities | 10/49 | €351,822 | €531,602 | +€179,779 | +51.1% |
| Equity | 10/15 | €303,273 | €448,397 | +€145,124 | +47.9% |
| Contributions | 10/11 | €120,000 | €120,000 | = | 0.0% |
| Reserves | 13 | €168,989 | €314,113 | +€145,124 | +85.9% |
| Distributable reserves | 133 | €168,989 | €314,113 | +€145,124 | +85.9% |
| Profit (loss) carried forward | 14 | €14,284 | €14,284 | = | 0.0% |
| Amounts payable | 17/49 | €48,549 | €83,205 | +€34,655 | +71.4% |
| Amounts payable within one year | 42/48 | €48,549 | €80,540 | +€31,991 | +65.9% |
| Trade debts | 44 | €4,277 | €7,018 | +€2,741 | +64.1% |
| Suppliers | 440/4 | €4,277 | €7,018 | +€2,741 | +64.1% |
| Taxes, remuneration and social security | 45 | €41,580 | €70,830 | +€29,249 | +70.3% |
| Taxes | 450/3 | €41,580 | €70,830 | +€29,249 | +70.3% |
| Other amounts payable | 47/48 | €2,692 | €2,692 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €2,665 | +€2,665 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,164 | €14,896 | -€9,268 | -38.4% |
| Other operating charges | 640/8 | €3,404 | €2,163 | -€1,241 | -36.5% |
| Gross operating margin | 9900 | €90,112 | €238,243 | +€148,132 | +164% |
| Operating profit (loss) | 9901 | €62,544 | €221,184 | +€158,640 | +254% |
| Financial income | 75/76B | €2,740 | - | -€2,740 | |
| Recurring financial income | 75 | €2,740 | - | -€2,740 | |
| Financial charges | 65/66B | €451 | €294 | -€157 | -34.8% |
| Recurring financial charges | 65 | €451 | €294 | -€157 | -34.8% |
| Profit (loss) for the period before taxes | 9903 | €64,833 | €220,890 | +€156,057 | +241% |
| Income taxes | 67/77 | €24,557 | €75,766 | +€51,209 | +209% |
| Profit (loss) for the period | 9904 | €40,276 | €145,124 | +€104,848 | +260% |
| Profit (loss) for the period to be appropriated | 9905 | €40,276 | €145,124 | +€104,848 | +260% |
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 25 October 2026 via checked.be.