FIDELL: 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.
FIDELL
Largest movements
- Tangible fixed assets -€15,766
no longer reported in 2025 (was €15,766)
of which Land and buildings: -€13,720
- Cash -€2,029
down €2,029 (-47.2%), from €4,303 to €2,274
mainly Trade debts (-€18,079) and Net result for the year (-€827)
- Trade debts -€18,079
down €18,079 (-89.1%), from €20,285 to €2,207
- Tax, wage and social debts +€1,110
up €1,110 (+43.5%), from €2,552 to €3,662
- Profit (loss) carried forward -€827
down €827 (-5.8%), from -€14,272 to -€15,098
- Gross operating margin +€5,913
up €5,913 (+74.5%), from -€7,935 to -€2,022
- Financial income +€4,380
up €4,380 (+405543.5%), from €1 to €4,381
- Other operating charges -€1,618
down €1,618 (-50.6%), from €3,196 to €1,578
- Depreciation -€1,213
down €1,213 (-56.9%), from €2,132 to €919
- Staff costs -€432
no longer reported in 2025 (was €432)
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 | €20,069 | €2,274 | -€17,795 | -88.7% |
| Fixed assets | 21/28 | €15,766 | - | -€15,766 | |
| Tangible fixed assets | 22/27 | €15,766 | - | -€15,766 | |
| Land and buildings | 22 | €13,720 | - | -€13,720 | |
| Furniture and vehicles | 24 | €2,046 | - | -€2,046 | |
| Current assets | 29/58 | €4,303 | €2,274 | -€2,029 | -47.2% |
| Cash at bank and in hand | 54/58 | €4,303 | €2,274 | -€2,029 | -47.2% |
| Total equity and liabilities | 10/49 | €20,069 | €2,274 | -€17,795 | -88.7% |
| Equity | 10/15 | -€14,272 | -€15,098 | -€827 | -5.8% |
| Profit (loss) carried forward | 14 | -€14,272 | -€15,098 | -€827 | -5.8% |
| Amounts payable | 17/49 | €34,340 | €17,372 | -€16,968 | -49.4% |
| Amounts payable within one year | 42/48 | €34,340 | €17,372 | -€16,968 | -49.4% |
| Trade debts | 44 | €20,285 | €2,207 | -€18,079 | -89.1% |
| Suppliers | 440/4 | €20,285 | €2,207 | -€18,079 | -89.1% |
| Taxes, remuneration and social security | 45 | €2,552 | €3,662 | +€1,110 | +43.5% |
| Taxes | 450/3 | €2,552 | €3,662 | +€1,110 | +43.5% |
| Other amounts payable | 47/48 | €11,503 | €11,503 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €432 | - | -€432 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,132 | €919 | -€1,213 | -56.9% |
| Other operating charges | 640/8 | €3,196 | €1,578 | -€1,618 | -50.6% |
| Non-recurring operating charges | 66A | - | €634 | +€634 | |
| Gross operating margin | 9900 | -€7,935 | -€2,022 | +€5,913 | +74.5% |
| Operating profit (loss) | 9901 | -€13,696 | -€5,153 | +€8,543 | +62.4% |
| Financial income | 75/76B | €1 | €4,381 | +€4,380 | +405543.5% |
| Recurring financial income | 75 | €1 | €4,381 | +€4,380 | +405543.5% |
| Financial charges | 65/66B | €81 | €54 | -€27 | -33.3% |
| Recurring financial charges | 65 | €81 | €54 | -€27 | -33.3% |
| Profit (loss) for the period before taxes | 9903 | -€13,776 | -€827 | +€12,950 | +94.0% |
| Profit (loss) for the period | 9904 | -€13,776 | -€827 | +€12,950 | +94.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,776 | -€827 | +€12,950 | +94.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.