FIDES PETFOOD GROUP: 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.
What changed
FIDES PETFOOD GROUP
NACE 70.200, Business and other management consultancy
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€6.2m
2024 · €11.2m-€5.1m
Equity
€11.2m
2024 · €5.4m+€5.8m
Cash
€178,232
2024 · €262,379-€84,147
Balance sheet total
€15.9m
2024 · €15.8m+€181,474
Largest movements
Assets
- Receivables within one year +€271,774
up €271,774 (+5.0%), from €5.4m to €5.7m
of which Trade receivables: +€178,883
Equity and liabilities
- Reserves +€5.8m
up €5.8m (+107%), from €5.4m to €11.1m
- Other debts -€5.5m
down €5.5m (-56.3%), from €9.7m to €4.3m
Income statement
- Financial income -€6.3m
down €6.3m (-50.6%), from €12.4m to €6.1m
- Financial charges -€1.2m
down €1.2m (-84.6%), from €1.4m to €215,322
- Turnover -€683,290
down €683,290 (-19.3%), from €3.5m to €2.9m
- Services and other goods -€670,577
down €670,577 (-22.3%), from €3.0m to €2.3m
- Other operating income +€60,542
up €60,542 (+84.6%), from €71,537 to €132,079
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.
Result 2024
€11.2m
Turnover
-€683,290
Other operating income
+€60,542
Services and other goods
+€670,577
Staff costs
+€33,733
Depreciation
-€24,804
Other operating charges
+€3,169
Financial income
-€6.3m
Financial charges
+€1.2m
Taxes
-€906
Result 2025
€6.2m
raises the resultlowers the result
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.
From operations
+€345,812
Investment
-€29,960
Financing
-€400,000
Cash 2024
€262,379
From operations (derived)
+€345,812
Net result for the year
+€6.2m
Depreciation
+€33,040
Receivables within one year
-€271,774
Smaller working-capital items
+€5,483
Other debts
-€5.5m
Accrued charges and deferred income
-€109,773
Investment (derived)
-€29,960
Investment in fixed assets (net)
-€29,960
Financing
-€400,000
Contributions, distributions and other
-€400,000
Cash 2025
€178,232
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €15,763,867 | €15,945,341 | +€181,474 | +1.2% |
| Fixed assets | 21/28 | €10,081,936 | €10,078,855 | -€3,080 | 0.0% |
| Intangible fixed assets | 21 | - | €22,696 | +€22,696 | |
| Tangible fixed assets | 22/27 | €150,873 | €125,097 | -€25,776 | -17.1% |
| Furniture and vehicles | 24 | €150,873 | €125,097 | -€25,776 | -17.1% |
| Financial fixed assets | 28 | €9,931,063 | €9,931,063 | = | 0.0% |
| Affiliated companies | 280/1 | €9,929,563 | €9,929,563 | = | 0.0% |
| Participating interests | 280 | €9,929,563 | €9,929,563 | = | 0.0% |
| Other financial fixed assets | 284/8 | €1,500 | €1,500 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €1,500 | €1,500 | = | 0.0% |
| Current assets | 29/58 | €5,681,932 | €5,866,486 | +€184,554 | +3.2% |
| Stocks and contracts in progress | 3 | €0 | €0 | = | |
| Amounts receivable within one year | 40/41 | €5,401,995 | €5,673,769 | +€271,774 | +5.0% |
| Trade receivables | 40 | €527,804 | €706,686 | +€178,883 | +33.9% |
| Other amounts receivable | 41 | €4,874,191 | €4,967,083 | +€92,892 | +1.9% |
| Cash at bank and in hand | 54/58 | €262,379 | €178,232 | -€84,147 | -32.1% |
| Deferred charges and accrued income | 490/1 | €17,558 | €14,486 | -€3,072 | -17.5% |
| Total equity and liabilities | 10/49 | €15,763,867 | €15,945,341 | +€181,474 | +1.2% |
| Equity | 10/15 | €5,388,291 | €11,156,587 | +€5.8m | +107% |
| Contributions | 10/11 | €12,150 | €12,150 | = | 0.0% |
| Reserves | 13 | €5,376,140 | €11,144,437 | +€5.8m | +107% |
| Distributable reserves | 133 | €5,376,140 | €11,144,437 | +€5.8m | +107% |
| Amounts payable | 17/49 | €10,375,577 | €4,788,754 | -€5.6m | -53.8% |
| Amounts payable within one year | 42/48 | €10,152,996 | €4,675,947 | -€5.5m | -53.9% |
| Trade debts | 44 | €316,507 | €317,530 | +€1,023 | +0.3% |
| Suppliers | 440/4 | €316,507 | €317,530 | +€1,023 | +0.3% |
| Taxes, remuneration and social security | 45 | €102,308 | €103,695 | +€1,387 | +1.4% |
| Taxes | 450/3 | €48,904 | €62,925 | +€14,021 | +28.7% |
| Remuneration and social security | 454/9 | €53,404 | €40,770 | -€12,634 | -23.7% |
| Other amounts payable | 47/48 | €9,734,181 | €4,254,721 | -€5.5m | -56.3% |
| Accrued charges and deferred income | 492/3 | €222,580 | €112,807 | -€109,773 | -49.3% |
| Operating income | 70/76A | €3,616,989 | €2,994,241 | -€622,748 | -17.2% |
| Turnover | 70 | €3,545,452 | €2,862,162 | -€683,290 | -19.3% |
| Other operating income | 74 | €71,537 | €132,079 | +€60,542 | +84.6% |
| Operating charges | 60/66A | €3,439,934 | €2,757,259 | -€682,675 | -19.8% |
| Services and other goods | 61 | €3,000,733 | €2,330,156 | -€670,577 | -22.3% |
| Remuneration, social security and pensions | 62 | €425,604 | €391,871 | -€33,733 | -7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,236 | €33,040 | +€24,804 | +301% |
| Other operating charges | 640/8 | €5,361 | €2,191 | -€3,169 | -59.1% |
| Operating profit (loss) | 9901 | €177,055 | €236,982 | +€59,928 | +33.8% |
| Financial income | 75/76B | €12,446,858 | €6,148,811 | -€6.3m | -50.6% |
| Recurring financial income | 75 | €12,446,858 | €6,148,811 | -€6.3m | -50.6% |
| Income from financial fixed assets | 750 | €12,000,000 | €6,000,000 | -€6.0m | -50.0% |
| Income from current assets | 751 | €312,878 | €148,811 | -€164,067 | -52.4% |
| Other financial income | 752/9 | €133,979 | €1 | -€133,979 | -100.0% |
| Financial charges | 65/66B | €1,394,043 | €215,322 | -€1.2m | -84.6% |
| Recurring financial charges | 65 | €1,394,043 | €215,322 | -€1.2m | -84.6% |
| Debt charges | 650 | €1,391,714 | €208,669 | -€1.2m | -85.0% |
| Other financial charges | 652/9 | €2,329 | €6,653 | +€4,325 | +186% |
| Profit (loss) for the period before taxes | 9903 | €11,229,869 | €6,170,471 | -€5.1m | -45.1% |
| Income taxes | 67/77 | €1,269 | €2,175 | +€906 | +71.4% |
| Taxes | 670/3 | €1,269 | €2,175 | +€906 | +71.4% |
| Profit (loss) for the period | 9904 | €11,228,601 | €6,168,297 | -€5.1m | -45.1% |
| Profit (loss) for the period to be appropriated | 9905 | €11,228,601 | €6,168,297 | -€5.1m | -45.1% |
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 29 October 2026 via checked.be.