FIDEVINC: 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.
FIDEVINC
Largest movements
- Cash +€515,899
up €515,899 (+91.7%), from €562,856 to €1.1m
mainly Net result for the year (+€393,970) and Current investments (+€250,000)
- Current investments -€250,000
no longer reported in 2025 (was €250,000)
- Reserves +€343,970
up €343,970 (+69.6%), from €494,390 to €838,360
- Tax, wage and social debts -€78,032
down €78,032 (-30.8%), from €253,275 to €175,243
- Gross operating margin +€146,332
up €146,332 (+34.3%), from €426,298 to €572,630
- Taxes +€49,236
up €49,236 (+39.1%), from €126,007 to €175,243
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 | €819,046 | €1,086,587 | +€267,541 | +32.7% |
| Fixed assets | 21/28 | €538 | €2,682 | +€2,144 | +398.7% |
| Tangible fixed assets | 22/27 | €538 | €2,682 | +€2,144 | +398.7% |
| Furniture and vehicles | 24 | €538 | €2,682 | +€2,144 | +398.7% |
| Current assets | 29/58 | €818,508 | €1,083,905 | +€265,397 | +32.4% |
| Amounts receivable within one year | 40/41 | €2,737 | €2,235 | -€502 | -18.4% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €2,737 | €2,235 | -€502 | -18.4% |
| Current investments | 50/53 | €250,000 | - | -€250,000 | |
| Cash at bank and in hand | 54/58 | €562,856 | €1,078,755 | +€515,899 | +91.7% |
| Deferred charges and accrued income | 490/1 | €2,915 | €2,915 | +€0 | 0.0% |
| Total equity and liabilities | 10/49 | €819,046 | €1,086,587 | +€267,541 | +32.7% |
| Equity | 10/15 | €497,390 | €841,360 | +€343,970 | +69.2% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €494,390 | €838,360 | +€343,970 | +69.6% |
| Distributable reserves | 133 | €494,390 | €838,360 | +€343,970 | +69.6% |
| Amounts payable | 17/49 | €321,656 | €245,226 | -€76,430 | -23.8% |
| Amounts payable within one year | 42/48 | €321,656 | €241,759 | -€79,897 | -24.8% |
| Trade debts | 44 | €9,967 | €2,991 | -€6,976 | -70.0% |
| Suppliers | 440/4 | €9,967 | €2,991 | -€6,976 | -70.0% |
| Taxes, remuneration and social security | 45 | €253,275 | €175,243 | -€78,032 | -30.8% |
| Taxes | 450/3 | €253,275 | €175,243 | -€78,032 | -30.8% |
| Other amounts payable | 47/48 | €58,414 | €63,525 | +€5,111 | +8.8% |
| Accrued charges and deferred income | 492/3 | - | €3,467 | +€3,467 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €454 | €948 | +€494 | +108.8% |
| Other operating charges | 640/8 | €871 | €583 | -€288 | -33.0% |
| Gross operating margin | 9900 | €426,298 | €572,630 | +€146,332 | +34.3% |
| Operating profit (loss) | 9901 | €424,973 | €571,099 | +€146,126 | +34.4% |
| Financial income | 75/76B | - | €3,457 | +€3,457 | |
| Recurring financial income | 75 | - | €3,457 | +€3,457 | |
| Financial charges | 65/66B | €3,823 | €5,342 | +€1,520 | +39.8% |
| Recurring financial charges | 65 | €3,823 | €5,342 | +€1,520 | +39.8% |
| Profit (loss) for the period before taxes | 9903 | €421,150 | €569,214 | +€148,063 | +35.2% |
| Income taxes | 67/77 | €126,007 | €175,243 | +€49,236 | +39.1% |
| Profit (loss) for the period | 9904 | €295,143 | €393,970 | +€98,827 | +33.5% |
| Profit (loss) for the period to be appropriated | 9905 | €295,143 | €393,970 | +€98,827 | +33.5% |
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 4 October 2026 via checked.be.