Fides Consultancy: 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.
Fides Consultancy
Largest movements
- Stocks and contracts -€1.5m
no longer reported in 2025 (was €1.5m)
- Cash -€331,428
down €331,428 (-89.5%), from €370,305 to €38,877
mainly Other debts (-€1.2m) and Trade debts (-€693,670)
- Receivables within one year +€103,856
up €103,856 (+35.9%), from €289,484 to €393,340
of which Other amounts receivable: +€110,315
- Other debts -€1.2m
no longer reported in 2025 (was €1.2m)
- Trade debts -€693,670
down €693,670 (-98.3%), from €705,318 to €11,648
- Profit (loss) carried forward +€134,781
up €134,781 (+117.2%), from €114,959 to €249,740
- Gross operating margin +€115,536
up €115,536 (+188.6%), from €61,268 to €176,804
- Taxes +€25,500
up €25,500 (+150.0%), from €17,000 to €42,500
- Depreciation -€14,827
down €14,827 (-52.3%), from €28,360 to €13,533
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 | €2,342,131 | €556,814 | -€1.8m | -76.2% |
| Fixed assets | 21/28 | €138,130 | €124,597 | -€13,533 | -9.8% |
| Tangible fixed assets | 22/27 | €138,130 | €124,597 | -€13,533 | -9.8% |
| Land and buildings | 22 | €131,055 | €118,880 | -€12,175 | -9.3% |
| Furniture and vehicles | 24 | €7,074 | €5,717 | -€1,357 | -19.2% |
| Current assets | 29/58 | €2,204,001 | €432,217 | -€1.8m | -80.4% |
| Stocks and contracts in progress | 3 | €1,544,212 | - | -€1.5m | |
| Stocks | 30/36 | €1,544,212 | - | -€1.5m | |
| Amounts receivable within one year | 40/41 | €289,484 | €393,340 | +€103,856 | +35.9% |
| Trade receivables | 40 | €41,921 | €35,462 | -€6,459 | -15.4% |
| Other amounts receivable | 41 | €247,563 | €357,877 | +€110,315 | +44.6% |
| Cash at bank and in hand | 54/58 | €370,305 | €38,877 | -€331,428 | -89.5% |
| Total equity and liabilities | 10/49 | €2,342,131 | €556,814 | -€1.8m | -76.2% |
| Equity | 10/15 | €334,446 | €469,228 | +€134,781 | +40.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €200,887 | €200,887 | = | 0.0% |
| Distributable reserves | 133 | €200,887 | €200,887 | = | 0.0% |
| Profit (loss) carried forward | 14 | €114,959 | €249,740 | +€134,781 | +117.2% |
| Amounts payable | 17/49 | €2,007,685 | €87,586 | -€1.9m | -95.6% |
| Amounts payable within one year | 42/48 | €2,007,685 | €87,586 | -€1.9m | -95.6% |
| Trade debts | 44 | €705,318 | €11,648 | -€693,670 | -98.3% |
| Suppliers | 440/4 | €705,318 | €11,648 | -€693,670 | -98.3% |
| Taxes, remuneration and social security | 45 | €99,167 | €75,939 | -€23,228 | -23.4% |
| Taxes | 450/3 | €99,167 | €75,939 | -€23,228 | -23.4% |
| Other amounts payable | 47/48 | €1,203,200 | - | -€1.2m | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €28,360 | €13,533 | -€14,827 | -52.3% |
| Other operating charges | 640/8 | €169 | - | -€169 | |
| Gross operating margin | 9900 | €61,268 | €176,804 | +€115,536 | +188.6% |
| Operating profit (loss) | 9901 | €32,739 | €163,272 | +€130,533 | +398.7% |
| Financial income | 75/76B | €14,375 | €15,000 | +€625 | +4.3% |
| Recurring financial income | 75 | €14,375 | €15,000 | +€625 | +4.3% |
| Financial charges | 65/66B | €2,702 | €991 | -€1,712 | -63.3% |
| Recurring financial charges | 65 | €2,702 | €991 | -€1,712 | -63.3% |
| Profit (loss) for the period before taxes | 9903 | €44,412 | €177,281 | +€132,870 | +299.2% |
| Income taxes | 67/77 | €17,000 | €42,500 | +€25,500 | +150.0% |
| Profit (loss) for the period | 9904 | €27,412 | €134,781 | +€107,370 | +391.7% |
| Profit (loss) for the period to be appropriated | 9905 | €27,412 | €134,781 | +€107,370 | +391.7% |
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 4 October 2026 via checked.be.