FIDEMRO: 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.
FIDEMRO
Largest movements
- Cash -€7,761
down €7,761 (-4.9%), from €158,908 to €151,148
mainly Net result for the year (-€5,193) and Receivables within one year (-€2,381)
- Receivables within one year +€2,381
up €2,381 (+7.3%), from €32,532 to €34,913
of which Trade receivables: +€3,268
- Profit (loss) carried forward -€5,193
down €5,193 (-23.4%), from €22,238 to €17,044
- Financial charges -€83,138
down €83,138 (-99.9%), from €83,186 to €48
of which Non-recurring financial charges: -€83,088
- Gross operating margin -€10,095
down €10,095, from €4,931 to -€5,164
- Taxes -€1,168
down €1,168 (-80.3%), from €1,454 to €286
- Other operating charges -€870
down €870 (-70.6%), from €1,231 to €362
- Financial income -€71
down €71 (-8.1%), from €885 to €814
of which Non-recurring financial income: -€42
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 | €217,164 | €212,195 | -€4,969 | -2.3% |
| Fixed assets | 21/28 | €21,082 | €20,934 | -€147 | -0.7% |
| Tangible fixed assets | 22/27 | €310 | €162 | -€147 | -47.6% |
| Plant, machinery and equipment | 23 | €310 | €162 | -€147 | -47.6% |
| Financial fixed assets | 28 | €20,772 | €20,772 | = | 0.0% |
| Current assets | 29/58 | €196,082 | €191,261 | -€4,821 | -2.5% |
| Amounts receivable within one year | 40/41 | €32,532 | €34,913 | +€2,381 | +7.3% |
| Trade receivables | 40 | €2,233 | €5,501 | +€3,268 | +146% |
| Other amounts receivable | 41 | €30,298 | €29,412 | -€887 | -2.9% |
| Cash at bank and in hand | 54/58 | €158,908 | €151,148 | -€7,761 | -4.9% |
| Deferred charges and accrued income | 490/1 | €4,642 | €5,201 | +€558 | +12.0% |
| Total equity and liabilities | 10/49 | €217,164 | €212,195 | -€4,969 | -2.3% |
| Equity | 10/15 | €196,644 | €191,451 | -€5,193 | -2.6% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €168,206 | €168,206 | = | 0.0% |
| Distributable reserves | 133 | €168,206 | €168,206 | = | 0.0% |
| Profit (loss) carried forward | 14 | €22,238 | €17,044 | -€5,193 | -23.4% |
| Amounts payable | 17/49 | €20,520 | €20,745 | +€224 | +1.1% |
| Amounts payable within one year | 42/48 | €20,520 | €20,745 | +€224 | +1.1% |
| Trade debts | 44 | €630 | €1,191 | +€561 | +89.1% |
| Suppliers | 440/4 | €630 | €1,191 | +€561 | +89.1% |
| Taxes, remuneration and social security | 45 | €4,177 | €3,285 | -€892 | -21.4% |
| Taxes | 450/3 | €4,177 | €3,285 | -€892 | -21.4% |
| Other amounts payable | 47/48 | €15,714 | €16,269 | +€555 | +3.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €162 | €147 | -€15 | -9.0% |
| Other operating charges | 640/8 | €1,231 | €362 | -€870 | -70.6% |
| Gross operating margin | 9900 | €4,931 | -€5,164 | -€10,095 | |
| Operating profit (loss) | 9901 | €3,537 | -€5,673 | -€9,210 | |
| Financial income | 75/76B | €885 | €814 | -€71 | -8.1% |
| Recurring financial income | 75 | €841 | €812 | -€30 | -3.5% |
| Non-recurring financial income | 76B | €44 | €2 | -€42 | -95.5% |
| Financial charges | 65/66B | €83,186 | €48 | -€83,138 | -99.9% |
| Recurring financial charges | 65 | €98 | €48 | -€50 | -50.8% |
| Non-recurring financial charges | 66B | €83,088 | - | -€83,088 | |
| Profit (loss) for the period before taxes | 9903 | -€78,764 | -€4,907 | +€73,856 | +93.8% |
| Income taxes | 67/77 | €1,454 | €286 | -€1,168 | -80.3% |
| Profit (loss) for the period | 9904 | -€80,218 | -€5,193 | +€75,025 | +93.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€80,218 | -€5,193 | +€75,025 | +93.5% |
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 30 October 2026 via checked.be.