FIDEQUAL: 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.
FIDEQUAL
Largest movements
- Tangible fixed assets +€18,381
up €18,381 (+7.2%), from €256,453 to €274,833
- Receivables within one year -€14,503
down €14,503 (-64.6%), from €22,466 to €7,963
- Other debts +€17,977
up €17,977 (+14.0%), from €128,574 to €146,551
- Reserves -€4,113
down €4,113 (-3.3%), from €125,636 to €121,523
- Profit (loss) carried forward -€3,607
down €3,607 (-33.8%), from €10,683 to €7,076
- Purchases and services -€7,679
down €7,679 (-39.8%), from €19,293 to €11,614
- Turnover -€3,400
down €3,400 (-42.0%), from €8,100 to €4,700
- Depreciation +€2,712
up €2,712 (+52.6%), from €5,159 to €7,871
- Financial income -€1,860
no longer reported in 2024 (was €1,860)
- Gross operating margin -€1,848
down €1,848 (-16.0%), from €11,563 to €9,716
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €344,356 | €350,699 | +€6,343 | +1.8% |
| Fixed assets | 21/28 | €318,453 | €336,833 | +€18,381 | +5.8% |
| Tangible fixed assets | 22/27 | €256,453 | €274,833 | +€18,381 | +7.2% |
| Land and buildings | 22 | €256,453 | €274,833 | +€18,381 | +7.2% |
| Financial fixed assets | 28 | €62,000 | €62,000 | = | 0.0% |
| Current assets | 29/58 | €25,903 | €13,866 | -€12,037 | -46.5% |
| Amounts receivable within one year | 40/41 | €22,466 | €7,963 | -€14,503 | -64.6% |
| Trade receivables | 40 | €22,466 | €7,963 | -€14,503 | -64.6% |
| Cash at bank and in hand | 54/58 | €3,437 | €5,903 | +€2,466 | +71.7% |
| Total equity and liabilities | 10/49 | €344,356 | €350,699 | +€6,343 | +1.8% |
| Equity | 10/15 | €161,108 | €153,387 | -€7,720 | -4.8% |
| Contributions | 10/11 | €24,789 | €24,789 | = | 0.0% |
| Capital | 10 | €24,789 | €24,789 | = | 0.0% |
| Issued capital | 100 | €24,789 | €24,789 | = | 0.0% |
| Reserves | 13 | €125,636 | €121,523 | -€4,113 | -3.3% |
| Tax-exempt reserves | 132 | €125,636 | €121,523 | -€4,113 | -3.3% |
| Profit (loss) carried forward | 14 | €10,683 | €7,076 | -€3,607 | -33.8% |
| Provisions and deferred taxes | 16 | €49,997 | €48,626 | -€1,371 | -2.7% |
| Deferred taxes | 168 | €49,997 | €48,626 | -€1,371 | -2.7% |
| Amounts payable | 17/49 | €133,251 | €148,686 | +€15,435 | +11.6% |
| Amounts payable within one year | 42/48 | €133,251 | €148,686 | +€15,435 | +11.6% |
| Trade debts | 44 | €309 | €321 | +€11 | +3.7% |
| Suppliers | 440/4 | €309 | €321 | +€11 | +3.7% |
| Taxes, remuneration and social security | 45 | €4,368 | €1,814 | -€2,554 | -58.5% |
| Taxes | 450/3 | €4,368 | €1,814 | -€2,554 | -58.5% |
| Other amounts payable | 47/48 | €128,574 | €146,551 | +€17,977 | +14.0% |
| Turnover | 70 | €8,100 | €4,700 | -€3,400 | -42.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €19,293 | €11,614 | -€7,679 | -39.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,159 | €7,871 | +€2,712 | +52.6% |
| Other operating charges | 640/8 | €10,139 | €10,822 | +€683 | +6.7% |
| Gross operating margin | 9900 | €11,563 | €9,716 | -€1,848 | -16.0% |
| Operating profit (loss) | 9901 | -€3,735 | -€8,978 | -€5,243 | -140.4% |
| Financial income | 75/76B | €1,860 | - | -€1,860 | |
| Recurring financial income | 75 | €1,860 | - | -€1,860 | |
| Financial charges | 65/66B | €117 | €114 | -€4 | -3.1% |
| Recurring financial charges | 65 | €117 | €114 | -€4 | -3.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,992 | -€9,091 | -€7,099 | -356.3% |
| Transfer from deferred taxes | 780 | €1,048 | €1,371 | +€323 | +30.8% |
| Income taxes | 67/77 | €1,139 | - | -€1,139 | |
| Profit (loss) for the period | 9904 | -€2,083 | -€7,720 | -€5,638 | -270.7% |
| Transfer from tax-exempt reserves | 789 | €3,144 | €4,113 | +€969 | +30.8% |
| Profit (loss) for the period to be appropriated | 9905 | €1,061 | -€3,607 | -€4,669 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.