FIDESC: 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.
FIDESC
Largest movements
- Receivables within one year -€33,754
down €33,754 (-66.5%), from €50,778 to €17,024
of which Trade receivables: -€33,784
- Tangible fixed assets -€2,897
down €2,897 (-33.9%), from €8,552 to €5,655
of which Furniture and vehicles: -€2,827
- Cash +€2,702
up €2,702 (+17.4%), from €15,541 to €18,244
mainly Receivables within one year (+€33,754) and Depreciation (+€2,897)
- Tax, wage and social debts -€23,674
down €23,674 (-95.8%), from €24,708 to €1,034
of which Taxes: -€21,274
- Other debts -€10,917
down €10,917 (-71.1%), from €15,351 to €4,434
- Trade debts +€2,630
up €2,630 (+87.4%), from €3,007 to €5,637
- Profit (loss) carried forward -€1,987
down €1,987 (-5.6%), from -€35,196 to -€37,182
- Gross operating margin -€8,180
down €8,180 (-77.6%), from €10,540 to €2,359
- Depreciation -€729
down €729 (-20.1%), from €3,626 to €2,897
- Other operating charges -€602
down €602 (-36.1%), from €1,669 to €1,067
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 | €74,871 | €40,923 | -€33,948 | -45.3% |
| Fixed assets | 21/28 | €8,552 | €5,655 | -€2,897 | -33.9% |
| Tangible fixed assets | 22/27 | €8,552 | €5,655 | -€2,897 | -33.9% |
| Furniture and vehicles | 24 | €8,482 | €5,655 | -€2,827 | -33.3% |
| Other tangible fixed assets | 26 | €70 | - | -€70 | |
| Current assets | 29/58 | €66,319 | €35,268 | -€31,051 | -46.8% |
| Amounts receivable within one year | 40/41 | €50,778 | €17,024 | -€33,754 | -66.5% |
| Trade receivables | 40 | €50,731 | €16,947 | -€33,784 | -66.6% |
| Other amounts receivable | 41 | €47 | €77 | +€30 | +63.5% |
| Cash at bank and in hand | 54/58 | €15,541 | €18,244 | +€2,702 | +17.4% |
| Total equity and liabilities | 10/49 | €74,871 | €40,923 | -€33,948 | -45.3% |
| Equity | 10/15 | €31,804 | €29,818 | -€1,987 | -6.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €47,000 | €47,000 | = | 0.0% |
| Distributable reserves | 133 | €47,000 | €47,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€35,196 | -€37,182 | -€1,987 | -5.6% |
| Amounts payable | 17/49 | €43,067 | €11,105 | -€31,962 | -74.2% |
| Amounts payable within one year | 42/48 | €43,067 | €11,105 | -€31,962 | -74.2% |
| Trade debts | 44 | €3,007 | €5,637 | +€2,630 | +87.4% |
| Suppliers | 440/4 | €3,007 | €5,637 | +€2,630 | +87.4% |
| Taxes, remuneration and social security | 45 | €24,708 | €1,034 | -€23,674 | -95.8% |
| Taxes | 450/3 | €22,308 | €1,034 | -€21,274 | -95.4% |
| Remuneration and social security | 454/9 | €2,400 | - | -€2,400 | |
| Other amounts payable | 47/48 | €15,351 | €4,434 | -€10,917 | -71.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,626 | €2,897 | -€729 | -20.1% |
| Other operating charges | 640/8 | €1,669 | €1,067 | -€602 | -36.1% |
| Gross operating margin | 9900 | €10,540 | €2,359 | -€8,180 | -77.6% |
| Operating profit (loss) | 9901 | €5,244 | -€1,605 | -€6,849 | |
| Financial income | 75/76B | €777 | €841 | +€64 | +8.3% |
| Recurring financial income | 75 | €777 | €841 | +€64 | +8.3% |
| Financial charges | 65/66B | €1,141 | €1,167 | +€26 | +2.3% |
| Recurring financial charges | 65 | €1,141 | €1,167 | +€26 | +2.3% |
| Profit (loss) for the period before taxes | 9903 | €4,880 | -€1,930 | -€6,811 | |
| Income taxes | 67/77 | €68 | €56 | -€12 | -17.5% |
| Profit (loss) for the period | 9904 | €4,812 | -€1,987 | -€6,799 | |
| Profit (loss) for the period to be appropriated | 9905 | €4,812 | -€1,987 | -€6,799 |
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 6 October 2026 via checked.be.