FIDEMA: 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.
FIDEMA
Largest movements
- Cash -€183,195
down €183,195 (-64.9%), from €282,066 to €98,871
mainly Net result for the year (-€84,773) and Stocks and contracts (-€77,987)
- Stocks and contracts +€77,987
new in 2025: €77,987
- Current investments +€5,748
up €5,748 (+2.6%), from €217,997 to €223,744
- Profit (loss) carried forward -€84,773
down €84,773 (-25.6%), from -€330,581 to -€415,354
- Trade debts -€12,188
down €12,188 (-76.2%), from €15,988 to €3,800
- Other operating charges -€79,935
down €79,935 (-26.3%), from €304,166 to €224,232
- Staff costs +€35,693
up €35,693 (+486.7%), from €7,334 to €43,027
- Gross operating margin -€7,213
down €7,213 (-3.9%), from €186,474 to €179,261
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 | €500,063 | €400,603 | -€99,460 | -19.9% |
| Current assets | 29/58 | €500,063 | €400,603 | -€99,460 | -19.9% |
| Stocks and contracts in progress | 3 | - | €77,987 | +€77,987 | |
| Stocks | 30/36 | - | €77,987 | +€77,987 | |
| Current investments | 50/53 | €217,997 | €223,744 | +€5,748 | +2.6% |
| Cash at bank and in hand | 54/58 | €282,066 | €98,871 | -€183,195 | -64.9% |
| Total equity and liabilities | 10/49 | €500,063 | €400,603 | -€99,460 | -19.9% |
| Equity | 10/15 | €481,575 | €396,803 | -€84,773 | -17.6% |
| Contributions | 10/11 | €250,000 | €250,000 | = | 0.0% |
| Capital | 10 | €250,000 | €250,000 | = | 0.0% |
| Reserves | 13 | €562,157 | €562,157 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€330,581 | -€415,354 | -€84,773 | -25.6% |
| Amounts payable | 17/49 | €18,488 | €3,800 | -€14,688 | -79.4% |
| Amounts payable within one year | 42/48 | €15,988 | €3,800 | -€12,188 | -76.2% |
| Trade debts | 44 | €15,988 | €3,800 | -€12,188 | -76.2% |
| Bills of exchange payable | 441 | €15,988 | €3,800 | -€12,188 | -76.2% |
| Accrued charges and deferred income | 492/3 | €2,500 | - | -€2,500 | |
| Remuneration, social security and pensions | 62 | €7,334 | €43,027 | +€35,693 | +486.7% |
| Other operating charges | 640/8 | €304,166 | €224,232 | -€79,935 | -26.3% |
| Gross operating margin | 9900 | €186,474 | €179,261 | -€7,213 | -3.9% |
| Operating profit (loss) | 9901 | -€125,027 | -€87,998 | +€37,028 | +29.6% |
| Financial income | 75/76B | €10,173 | €8,446 | -€1,727 | -17.0% |
| Recurring financial income | 75 | €10,173 | €8,446 | -€1,727 | -17.0% |
| Financial charges | 65/66B | €4,091 | €5,220 | +€1,130 | +27.6% |
| Recurring financial charges | 65 | €4,091 | €5,220 | +€1,130 | +27.6% |
| Profit (loss) for the period before taxes | 9903 | -€118,945 | -€84,773 | +€34,172 | +28.7% |
| Profit (loss) for the period | 9904 | -€118,945 | -€84,773 | +€34,172 | +28.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€118,945 | -€84,773 | +€34,172 | +28.7% |
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 29 September 2026 via checked.be.