FIDES FORTUNA: 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 FORTUNA
Largest movements
- Receivables within one year +€73,857
up €73,857, from €0 to €73,857
of which Trade receivables: +€48,703
- Cash +€69,409
up €69,409 (+185%), from €37,453 to €106,861
mainly Trade debts (+€90,690) and Net result for the year (+€67,183)
- Trade debts +€90,690
up €90,690 (+143%), from €63,585 to €154,275
- Profit (loss) carried forward +€67,183
up €67,183 (+5.8%), from €1.2m to €1.2m
- Other debts -€50,885
down €50,885 (-3.6%), from €1.4m to €1.4m
- Debts after one year +€49,628
up €49,628 (+7.2%), from €693,703 to €743,331
- Services and other goods +€102,741
up €102,741 (+38.5%), from €266,589 to €369,330
- Taxes -€21,995
down €21,995 (-49.6%), from €44,386 to €22,390
of which Taxes: -€22,000
- Financial charges -€14,789
down €14,789 (-13.1%), from €112,882 to €98,094
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 | €3,661,794 | €3,805,059 | +€143,265 | +3.9% |
| Fixed assets | 21/28 | €3,622,165 | €3,622,165 | = | 0.0% |
| Financial fixed assets | 28 | €3,622,165 | €3,622,165 | = | 0.0% |
| Affiliated companies | 280/1 | €3,622,165 | €3,622,165 | = | 0.0% |
| Participating interests | 280 | €3,622,165 | €3,622,165 | = | 0.0% |
| Current assets | 29/58 | €39,629 | €182,894 | +€143,265 | +362% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €0 | €73,857 | +€73,857 | |
| Trade receivables | 40 | €0 | €48,703 | +€48,703 | |
| Other amounts receivable | 41 | €0 | €25,154 | +€25,154 | |
| Cash at bank and in hand | 54/58 | €37,453 | €106,861 | +€69,409 | +185% |
| Deferred charges and accrued income | 490/1 | €2,176 | €2,176 | = | 0.0% |
| Total equity and liabilities | 10/49 | €3,661,794 | €3,805,059 | +€143,265 | +3.9% |
| Equity | 10/15 | €1,463,578 | €1,530,761 | +€67,183 | +4.6% |
| Contributions | 10/11 | €300,000 | €300,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,163,578 | €1,230,761 | +€67,183 | +5.8% |
| Amounts payable | 17/49 | €2,198,216 | €2,274,298 | +€76,082 | +3.5% |
| Amounts payable after more than one year | 17 | €693,703 | €743,331 | +€49,628 | +7.2% |
| Financial debts | 170/4 | €693,703 | €743,331 | +€49,628 | +7.2% |
| Subordinated loans | 170 | €693,703 | €743,331 | +€49,628 | +7.2% |
| Amounts payable within one year | 42/48 | €1,504,513 | €1,530,968 | +€26,454 | +1.8% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €63,585 | €154,275 | +€90,690 | +143% |
| Suppliers | 440/4 | €63,585 | €154,275 | +€90,690 | +143% |
| Taxes, remuneration and social security | 45 | €14,141 | €790 | -€13,351 | -94.4% |
| Taxes | 450/3 | €14,141 | €790 | -€13,351 | -94.4% |
| Other amounts payable | 47/48 | €1,426,787 | €1,375,902 | -€50,885 | -3.6% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Operating income | 70/76A | €558,000 | €558,000 | = | 0.0% |
| Turnover | 70 | €558,000 | €558,000 | = | 0.0% |
| Operating charges | 60/66A | €267,557 | €370,333 | +€102,776 | +38.4% |
| Services and other goods | 61 | €266,589 | €369,330 | +€102,741 | +38.5% |
| Other operating charges | 640/8 | €968 | €1,003 | +€35 | +3.6% |
| Operating profit (loss) | 9901 | €290,443 | €187,667 | -€102,776 | -35.4% |
| Financial charges | 65/66B | €112,882 | €98,094 | -€14,789 | -13.1% |
| Recurring financial charges | 65 | €112,882 | €98,094 | -€14,789 | -13.1% |
| Debt charges | 650 | €112,245 | €97,493 | -€14,752 | -13.1% |
| Other financial charges | 652/9 | €637 | €601 | -€37 | -5.8% |
| Profit (loss) for the period before taxes | 9903 | €177,561 | €89,573 | -€87,988 | -49.6% |
| Income taxes | 67/77 | €44,386 | €22,390 | -€21,995 | -49.6% |
| Taxes | 670/3 | €44,400 | €22,400 | -€22,000 | -49.5% |
| Tax adjustments and reversals of tax provisions | 77 | €14 | €10 | -€5 | -32.5% |
| Profit (loss) for the period | 9904 | €133,176 | €67,183 | -€65,992 | -49.6% |
| Profit (loss) for the period to be appropriated | 9905 | €133,176 | €67,183 | -€65,992 | -49.6% |
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.