FIDESI: 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.
FIDESI
Largest movements
- Cash -€2,031
down €2,031 (-95.0%), from €2,138 to €107
mainly Net result for the year (-€2,016) and Trade debts (-€935)
- Receivables within one year -€920
down €920 (-73.0%), from €1,260 to €340
of which Trade receivables: -€1,058
- Profit (loss) carried forward -€2,016
down €2,016 (-75.7%), from -€2,663 to -€4,679
- Trade debts -€935
down €935 (-98.1%), from €953 to €18
- Gross operating margin +€672
up €672 (+29.7%), from -€2,261 to -€1,589
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 | €3,397 | €446 | -€2,951 | -86.9% |
| Current assets | 29/58 | €3,397 | €446 | -€2,951 | -86.9% |
| Amounts receivable within one year | 40/41 | €1,260 | €340 | -€920 | -73.0% |
| Trade receivables | 40 | €1,058 | - | -€1,058 | |
| Other amounts receivable | 41 | €201 | €340 | +€138 | +68.6% |
| Cash at bank and in hand | 54/58 | €2,138 | €107 | -€2,031 | -95.0% |
| Total equity and liabilities | 10/49 | €3,397 | €446 | -€2,951 | -86.9% |
| Equity | 10/15 | -€1,163 | -€3,179 | -€2,016 | -173.4% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€2,663 | -€4,679 | -€2,016 | -75.7% |
| Amounts payable | 17/49 | €4,560 | €3,625 | -€935 | -20.5% |
| Amounts payable after more than one year | 17 | €3,607 | €3,607 | = | 0.0% |
| Financial debts | 170/4 | €3,607 | €3,607 | = | 0.0% |
| Amounts payable within one year | 42/48 | €953 | €18 | -€935 | -98.1% |
| Trade debts | 44 | €953 | €18 | -€935 | -98.1% |
| Suppliers | 440/4 | €953 | €18 | -€935 | -98.1% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | -€2,261 | -€1,589 | +€672 | +29.7% |
| Operating profit (loss) | 9901 | -€2,648 | -€1,989 | +€659 | +24.9% |
| Financial charges | 65/66B | €15 | €27 | +€12 | +84.4% |
| Recurring financial charges | 65 | €15 | €27 | +€12 | +84.4% |
| Profit (loss) for the period before taxes | 9903 | -€2,663 | -€2,016 | +€647 | +24.3% |
| Profit (loss) for the period | 9904 | -€2,663 | -€2,016 | +€647 | +24.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,663 | -€2,016 | +€647 | +24.3% |
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 2 October 2026 via checked.be.