FIDEMAT: 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.
FIDEMAT
Largest movements
- Stocks and contracts +€1.0m
new in 2025: €1.0m
- Deferred charges and accrued income +€537,475
new in 2025: €537,475
- Other debts +€1.0m
new in 2025: €1.0m
- Short-term financial debts +€480,000
new in 2025: €480,000
- Trade debts +€30,573
new in 2025: €30,573
- Tax, wage and social debts +€25,200
new in 2025: €25,200
- Gross operating margin +€113,518
up €113,518 (+32,777%), from €346 to €113,865
- Taxes +€25,200
new in 2025: €25,200
- Write-downs -€2,305
no longer reported in 2025 (was €2,305)
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 | €8 | €1,561,190 | +€1.6m | +20,118,327% |
| Current assets | 29/58 | €8 | €1,561,190 | +€1.6m | +20,118,327% |
| Stocks and contracts in progress | 3 | - | €1,023,536 | +€1.0m | |
| Stocks | 30/36 | - | €1,023,536 | +€1.0m | |
| Cash at bank and in hand | 54/58 | €8 | €179 | +€171 | +2,202% |
| Deferred charges and accrued income | 490/1 | - | €537,475 | +€537,475 | |
| Total equity and liabilities | 10/49 | €8 | €1,561,190 | +€1.6m | +20,118,327% |
| Equity | 10/15 | €8 | €3,850 | +€3,842 | +49,515% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,992 | €1,850 | +€3,842 | |
| Amounts payable | 17/49 | - | €1,557,340 | +€1.6m | |
| Amounts payable within one year | 42/48 | - | €1,556,183 | +€1.6m | |
| Financial debts | 43 | - | €480,000 | +€480,000 | |
| Credit institutions | 430/8 | - | €480,000 | +€480,000 | |
| Trade debts | 44 | - | €30,573 | +€30,573 | |
| Suppliers | 440/4 | - | €30,573 | +€30,573 | |
| Taxes, remuneration and social security | 45 | - | €25,200 | +€25,200 | |
| Taxes | 450/3 | - | €25,200 | +€25,200 | |
| Other amounts payable | 47/48 | - | €1,020,410 | +€1.0m | |
| Accrued charges and deferred income | 492/3 | - | €1,157 | +€1,157 | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,305 | - | -€2,305 | |
| Other operating charges | 640/8 | €487 | €822 | +€336 | +69.0% |
| Gross operating margin | 9900 | €346 | €113,865 | +€113,518 | +32,777% |
| Operating profit (loss) | 9901 | -€2,445 | €113,042 | +€115,488 | |
| Financial charges | 65/66B | €216 | - | -€216 | |
| Recurring financial charges | 65 | €216 | - | -€216 | |
| Profit (loss) for the period before taxes | 9903 | -€2,661 | €113,042 | +€115,703 | |
| Income taxes | 67/77 | - | €25,200 | +€25,200 | |
| Profit (loss) for the period | 9904 | -€2,661 | €87,842 | +€90,503 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,661 | €87,842 | +€90,503 |
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 14 October 2026 via checked.be.