FIDESTES: 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.
FIDESTES
Largest movements
- Cash +€14,262
up €14,262 (+15.4%), from €92,620 to €106,882
mainly Other debts (+€100,071) and Net result for the year (+€45,459)
- Receivables within one year +€6,616
up €6,616 (+27.1%), from €24,413 to €31,029
of which Trade receivables: +€8,947
- Other debts +€100,071
up €100,071 (+398.7%), from €25,102 to €125,173
- Reserves -€74,541
down €74,541 (-98.6%), from €75,576 to €1,035
- Tax, wage and social debts -€8,026
down €8,026 (-66.1%), from €12,145 to €4,119
- Accrued charges and deferred income +€3,276
up €3,276 (+124579.5%), from €3 to €3,279
- Gross operating margin +€10,431
up €10,431 (+21.5%), from €48,420 to €58,852
- Taxes +€2,332
up €2,332 (+23.9%), from €9,775 to €12,107
- Depreciation -€822
down €822 (-99.6%), from €825 to €3
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 | €119,533 | €140,391 | +€20,858 | +17.4% |
| Fixed assets | 21/28 | €3 | - | -€3 | |
| Tangible fixed assets | 22/27 | €3 | - | -€3 | |
| Furniture and vehicles | 24 | €3 | - | -€3 | |
| Current assets | 29/58 | €119,529 | €140,391 | +€20,861 | +17.5% |
| Amounts receivable within one year | 40/41 | €24,413 | €31,029 | +€6,616 | +27.1% |
| Trade receivables | 40 | €14,189 | €23,136 | +€8,947 | +63.1% |
| Other amounts receivable | 41 | €10,225 | €7,893 | -€2,332 | -22.8% |
| Cash at bank and in hand | 54/58 | €92,620 | €106,882 | +€14,262 | +15.4% |
| Deferred charges and accrued income | 490/1 | €2,496 | €2,480 | -€16 | -0.7% |
| Total equity and liabilities | 10/49 | €119,533 | €140,391 | +€20,858 | +17.4% |
| Equity | 10/15 | €81,776 | €7,235 | -€74,541 | -91.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €75,576 | €1,035 | -€74,541 | -98.6% |
| Distributable reserves | 133 | €75,576 | €1,035 | -€74,541 | -98.6% |
| Amounts payable | 17/49 | €37,757 | €133,156 | +€95,399 | +252.7% |
| Amounts payable within one year | 42/48 | €37,754 | €129,877 | +€92,123 | +244.0% |
| Trade debts | 44 | €508 | €585 | +€78 | +15.3% |
| Suppliers | 440/4 | €508 | €585 | +€78 | +15.3% |
| Taxes, remuneration and social security | 45 | €12,145 | €4,119 | -€8,026 | -66.1% |
| Taxes | 450/3 | €12,145 | €4,119 | -€8,026 | -66.1% |
| Other amounts payable | 47/48 | €25,102 | €125,173 | +€100,071 | +398.7% |
| Accrued charges and deferred income | 492/3 | €3 | €3,279 | +€3,276 | +124579.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €825 | €3 | -€822 | -99.6% |
| Other operating charges | 640/8 | €676 | €760 | +€84 | +12.4% |
| Gross operating margin | 9900 | €48,420 | €58,852 | +€10,431 | +21.5% |
| Operating profit (loss) | 9901 | €46,919 | €58,088 | +€11,169 | +23.8% |
| Financial income | 75/76B | €42 | €56 | +€14 | +33.2% |
| Recurring financial income | 75 | €42 | €56 | +€14 | +33.2% |
| Financial charges | 65/66B | €462 | €578 | +€117 | +25.3% |
| Recurring financial charges | 65 | €462 | €448 | -€13 | -2.8% |
| Non-recurring financial charges | 66B | - | €130 | +€130 | |
| Profit (loss) for the period before taxes | 9903 | €46,499 | €57,565 | +€11,066 | +23.8% |
| Income taxes | 67/77 | €9,775 | €12,107 | +€2,332 | +23.9% |
| Profit (loss) for the period | 9904 | €36,724 | €45,459 | +€8,734 | +23.8% |
| Profit (loss) for the period to be appropriated | 9905 | €36,724 | €45,459 | +€8,734 | +23.8% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.