FIDEM INVEST: 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.
FIDEM INVEST
Largest movements
- Current investments -€80,000
no longer reported in 2025 (was €80,000)
- Cash +€76,007
up €76,007 (+566%), from €13,440 to €89,448
mainly Current investments (+€80,000) and Depreciation (+€44,893)
- Tangible fixed assets -€44,569
down €44,569 (-10.8%), from €413,162 to €368,592
of which Land and buildings: -€43,453
- Accrued charges and deferred income -€48,717
down €48,717 (-63.3%), from €76,908 to €28,191
- Debts after one year -€29,056
down €29,056 (-7.5%), from €389,297 to €360,241
of which Financial debts: -€31,156
- Profit (loss) carried forward +€18,009
up €18,009 (+60.0%), from -€30,017 to -€12,008
- Other debts +€6,519
up €6,519 (+19.0%), from €34,350 to €40,869
- Taxes +€4,433
new in 2025: €4,433
- Gross operating margin +€4,092
up €4,092 (+5.2%), from €79,268 to €83,360
- Depreciation -€3,415
down €3,415 (-7.1%), from €48,308 to €44,893
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 | €520,553 | €468,449 | -€52,103 | -10.0% |
| Fixed assets | 21/28 | €422,846 | €378,277 | -€44,569 | -10.5% |
| Tangible fixed assets | 22/27 | €413,162 | €368,592 | -€44,569 | -10.8% |
| Land and buildings | 22 | €411,655 | €368,202 | -€43,453 | -10.6% |
| Plant, machinery and equipment | 23 | €180 | €391 | +€211 | +117% |
| Furniture and vehicles | 24 | €1,327 | - | -€1,327 | |
| Financial fixed assets | 28 | €9,684 | €9,684 | = | 0.0% |
| Current assets | 29/58 | €97,707 | €90,173 | -€7,534 | -7.7% |
| Amounts receivable within one year | 40/41 | €1,660 | - | -€1,660 | |
| Trade receivables | 40 | €945 | - | -€945 | |
| Other amounts receivable | 41 | €715 | - | -€715 | |
| Current investments | 50/53 | €80,000 | - | -€80,000 | |
| Cash at bank and in hand | 54/58 | €13,440 | €89,448 | +€76,007 | +566% |
| Deferred charges and accrued income | 490/1 | €2,607 | €725 | -€1,881 | -72.2% |
| Total equity and liabilities | 10/49 | €520,553 | €468,449 | -€52,103 | -10.0% |
| Equity | 10/15 | -€11,417 | €6,592 | +€18,009 | |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€30,017 | -€12,008 | +€18,009 | +60.0% |
| Amounts payable | 17/49 | €531,970 | €461,858 | -€70,112 | -13.2% |
| Amounts payable after more than one year | 17 | €389,297 | €360,241 | -€29,056 | -7.5% |
| Financial debts | 170/4 | €291,397 | €260,241 | -€31,156 | -10.7% |
| Other amounts payable | 178/9 | €97,900 | €100,000 | +€2,100 | +2.1% |
| Amounts payable within one year | 42/48 | €65,764 | €73,425 | +€7,661 | +11.6% |
| Current portion of amounts payable after more than one year | 42 | €30,918 | €31,156 | +€238 | +0.8% |
| Trade debts | 44 | €496 | €626 | +€130 | +26.2% |
| Suppliers | 440/4 | €496 | €626 | +€130 | +26.2% |
| Taxes, remuneration and social security | 45 | - | €774 | +€774 | |
| Taxes | 450/3 | - | €774 | +€774 | |
| Other amounts payable | 47/48 | €34,350 | €40,869 | +€6,519 | +19.0% |
| Accrued charges and deferred income | 492/3 | €76,908 | €28,191 | -€48,717 | -63.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €48,308 | €44,893 | -€3,415 | -7.1% |
| Other operating charges | 640/8 | €12,411 | €12,730 | +€319 | +2.6% |
| Gross operating margin | 9900 | €79,268 | €83,360 | +€4,092 | +5.2% |
| Operating profit (loss) | 9901 | €18,550 | €25,738 | +€7,189 | +38.8% |
| Financial income | 75/76B | €2,235 | €2,214 | -€21 | -0.9% |
| Recurring financial income | 75 | €2,235 | €2,214 | -€21 | -0.9% |
| Financial charges | 65/66B | €6,072 | €5,511 | -€561 | -9.2% |
| Recurring financial charges | 65 | €6,072 | €5,511 | -€561 | -9.2% |
| Profit (loss) for the period before taxes | 9903 | €14,713 | €22,442 | +€7,729 | +52.5% |
| Income taxes | 67/77 | - | €4,433 | +€4,433 | |
| Profit (loss) for the period | 9904 | €14,713 | €18,009 | +€3,296 | +22.4% |
| Profit (loss) for the period to be appropriated | 9905 | €14,713 | €18,009 | +€3,296 | +22.4% |
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 27 October 2026 via checked.be.