FIDELY: 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.
FIDELY
Largest movements
- Tangible fixed assets -€30,908
down €30,908 (-5.5%), from €566,805 to €535,897
- Cash -€10,689
down €10,689 (-67.8%), from €15,771 to €5,082
mainly Debts after one year (-€66,153) and Receivables within one year (-€10,432)
- Receivables within one year +€10,432
up €10,432 (+12.0%), from €86,800 to €97,232
of which Other amounts receivable: +€12,382
- Debts after one year -€66,153
down €66,153 (-15.7%), from €421,979 to €355,826
- Profit (loss) carried forward +€24,070
up €24,070 (+17.5%), from €137,577 to €161,646
- Tax, wage and social debts +€8,762
up €8,762 (+102.4%), from €8,556 to €17,318
- Financial charges -€2,152
down €2,152 (-15.6%), from €13,758 to €11,606
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 | €669,376 | €638,211 | -€31,164 | -4.7% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €566,805 | €535,897 | -€30,908 | -5.5% |
| Tangible fixed assets | 22/27 | €566,805 | €535,897 | -€30,908 | -5.5% |
| Land and buildings | 22 | €566,805 | €535,897 | -€30,908 | -5.5% |
| Current assets | 29/58 | €102,571 | €102,314 | -€256 | -0.2% |
| Amounts receivable within one year | 40/41 | €86,800 | €97,232 | +€10,432 | +12.0% |
| Trade receivables | 40 | €1,950 | - | -€1,950 | |
| Other amounts receivable | 41 | €84,850 | €97,232 | +€12,382 | +14.6% |
| Cash at bank and in hand | 54/58 | €15,771 | €5,082 | -€10,689 | -67.8% |
| Total equity and liabilities | 10/49 | €669,376 | €638,211 | -€31,164 | -4.7% |
| Equity | 10/15 | €145,637 | €169,706 | +€24,070 | +16.5% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €137,577 | €161,646 | +€24,070 | +17.5% |
| Amounts payable | 17/49 | €523,739 | €468,505 | -€55,234 | -10.5% |
| Amounts payable after more than one year | 17 | €421,979 | €355,826 | -€66,153 | -15.7% |
| Financial debts | 170/4 | €421,979 | €355,826 | -€66,153 | -15.7% |
| Amounts payable within one year | 42/48 | €101,760 | €112,679 | +€10,919 | +10.7% |
| Current portion of amounts payable after more than one year | 42 | €64,089 | €66,153 | +€2,064 | +3.2% |
| Trade debts | 44 | €264 | - | -€264 | |
| Suppliers | 440/4 | €264 | - | -€264 | |
| Taxes, remuneration and social security | 45 | €8,556 | €17,318 | +€8,762 | +102.4% |
| Taxes | 450/3 | €8,556 | €17,318 | +€8,762 | +102.4% |
| Other amounts payable | 47/48 | €28,850 | €29,208 | +€358 | +1.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,908 | €30,908 | = | 0.0% |
| Other operating charges | 640/8 | €9,596 | €9,952 | +€356 | +3.7% |
| Gross operating margin | 9900 | €85,660 | €85,279 | -€381 | -0.4% |
| Operating profit (loss) | 9901 | €45,156 | €44,419 | -€737 | -1.6% |
| Financial income | 75/76B | - | €19 | +€19 | |
| Recurring financial income | 75 | - | €19 | +€19 | |
| Financial charges | 65/66B | €13,758 | €11,606 | -€2,152 | -15.6% |
| Recurring financial charges | 65 | €13,758 | €11,606 | -€2,152 | -15.6% |
| Profit (loss) for the period before taxes | 9903 | €31,398 | €32,832 | +€1,433 | +4.6% |
| Income taxes | 67/77 | €8,556 | €8,762 | +€206 | +2.4% |
| Profit (loss) for the period | 9904 | €22,842 | €24,070 | +€1,227 | +5.4% |
| Profit (loss) for the period to be appropriated | 9905 | €22,842 | €24,070 | +€1,227 | +5.4% |
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 4 October 2026 via checked.be.