Fides.accelerator: 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.
Fides.accelerator
Largest movements
- Receivables within one year +€32,405
up €32,405 (+124%), from €26,150 to €58,556
- Cash -€6,565
down €6,565 (-5.4%), from €121,684 to €115,119
mainly Contributions, distributions and other (-€45,000) and Receivables within one year (-€32,405)
- Tangible fixed assets -€2,227
down €2,227 (-5.9%), from €38,009 to €35,782
of which Land and buildings: -€1,331
- Deferred charges and accrued income -€2,183
down €2,183 (-48.7%), from €4,484 to €2,301
- Other debts +€46,060
up €46,060 (+307%), from €15,000 to €61,060
- Trade debts -€18,087
down €18,087 (-86.9%), from €20,823 to €2,736
- Profit (loss) carried forward -€14,971
down €14,971 (-15.8%), from €94,709 to €79,738
- Tax, wage and social debts +€12,021
up €12,021 (+43.8%), from €27,427 to €39,448
- Debts after one year -€2,660
down €2,660 (-10.3%), from €25,800 to €23,140
- Gross operating margin -€23,367
down €23,367 (-33.6%), from €69,454 to €46,088
- Taxes -€3,362
down €3,362 (-24.3%), from €13,846 to €10,484
- Financial charges -€2,628
down €2,628 (-50.1%), from €5,246 to €2,618
- Depreciation +€741
up €741 (+49.9%), from €1,486 to €2,227
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 | €192,314 | €214,783 | +€22,469 | +11.7% |
| Fixed assets | 21/28 | €39,995 | €38,806 | -€1,188 | -3.0% |
| Tangible fixed assets | 22/27 | €38,009 | €35,782 | -€2,227 | -5.9% |
| Land and buildings | 22 | €34,230 | €32,899 | -€1,331 | -3.9% |
| Plant, machinery and equipment | 23 | €3,496 | €2,883 | -€613 | -17.5% |
| Furniture and vehicles | 24 | €283 | €0 | -€283 | -100% |
| Financial fixed assets | 28 | €1,986 | €3,024 | +€1,038 | +52.3% |
| Current assets | 29/58 | €152,319 | €175,976 | +€23,657 | +15.5% |
| Amounts receivable within one year | 40/41 | €26,150 | €58,556 | +€32,405 | +124% |
| Trade receivables | 40 | €26,150 | €58,556 | +€32,405 | +124% |
| Cash at bank and in hand | 54/58 | €121,684 | €115,119 | -€6,565 | -5.4% |
| Deferred charges and accrued income | 490/1 | €4,484 | €2,301 | -€2,183 | -48.7% |
| Total equity and liabilities | 10/49 | €192,314 | €214,783 | +€22,469 | +11.7% |
| Equity | 10/15 | €100,709 | €85,738 | -€14,971 | -14.9% |
| Contributions | 10/11 | €6,000 | €6,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €94,709 | €79,738 | -€14,971 | -15.8% |
| Amounts payable | 17/49 | €91,605 | €129,044 | +€37,439 | +40.9% |
| Amounts payable after more than one year | 17 | €25,800 | €23,140 | -€2,660 | -10.3% |
| Financial debts | 170/4 | €25,800 | €23,140 | -€2,660 | -10.3% |
| Amounts payable within one year | 42/48 | €65,805 | €105,905 | +€40,099 | +60.9% |
| Current portion of amounts payable after more than one year | 42 | €2,555 | €2,660 | +€105 | +4.1% |
| Trade debts | 44 | €20,823 | €2,736 | -€18,087 | -86.9% |
| Suppliers | 440/4 | €20,823 | €2,736 | -€18,087 | -86.9% |
| Taxes, remuneration and social security | 45 | €27,427 | €39,448 | +€12,021 | +43.8% |
| Taxes | 450/3 | €27,427 | €39,448 | +€12,021 | +43.8% |
| Other amounts payable | 47/48 | €15,000 | €61,060 | +€46,060 | +307% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,486 | €2,227 | +€741 | +49.9% |
| Other operating charges | 640/8 | €810 | €771 | -€39 | -4.8% |
| Gross operating margin | 9900 | €69,454 | €46,088 | -€23,367 | -33.6% |
| Operating profit (loss) | 9901 | €67,159 | €43,090 | -€24,069 | -35.8% |
| Financial income | 75/76B | €0 | €42 | +€42 | |
| Recurring financial income | 75 | €0 | €42 | +€42 | |
| Financial charges | 65/66B | €5,246 | €2,618 | -€2,628 | -50.1% |
| Recurring financial charges | 65 | €5,246 | €2,618 | -€2,628 | -50.1% |
| Profit (loss) for the period before taxes | 9903 | €61,912 | €40,513 | -€21,399 | -34.6% |
| Income taxes | 67/77 | €13,846 | €10,484 | -€3,362 | -24.3% |
| Profit (loss) for the period | 9904 | €48,067 | €30,029 | -€18,037 | -37.5% |
| Profit (loss) for the period to be appropriated | 9905 | €48,067 | €30,029 | -€18,037 | -37.5% |
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 13 October 2026 via checked.be.