FIDEVO: 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.
FIDEVO
Largest movements
- Tangible fixed assets -€162,788
down €162,788 (-3.2%), from €5.1m to €4.9m
of which Land and buildings: -€161,289
- Cash +€135,294
up €135,294 (+1611.5%), from €8,396 to €143,689
mainly Net result for the year (+€301,371) and Depreciation (+€162,788)
- Debts after one year -€345,925
down €345,925 (-9.2%), from €3.8m to €3.4m
- Profit (loss) carried forward +€301,371
up €301,371 (+67.8%), from €444,381 to €745,753
- Turnover +€766,092
new in 2025: €766,092
- Purchases and services +€83,153
new in 2025: €83,153
- Gross operating margin +€27,229
up €27,229 (+3.7%), from €731,620 to €758,849
- Financial charges -€20,780
down €20,780 (-20.0%), from €103,777 to €82,997
- Taxes +€19,118
up €19,118 (+20.9%), from €91,442 to €110,560
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 | €5,092,374 | €5,054,764 | -€37,610 | -0.7% |
| Fixed assets | 21/28 | €5,069,272 | €4,906,484 | -€162,788 | -3.2% |
| Tangible fixed assets | 22/27 | €5,063,364 | €4,900,576 | -€162,788 | -3.2% |
| Land and buildings | 22 | €5,060,158 | €4,898,869 | -€161,289 | -3.2% |
| Plant, machinery and equipment | 23 | €3,206 | €1,707 | -€1,499 | -46.8% |
| Financial fixed assets | 28 | €5,909 | €5,909 | = | 0.0% |
| Current assets | 29/58 | €23,102 | €148,280 | +€125,178 | +541.9% |
| Amounts receivable within one year | 40/41 | €10,555 | €0 | -€10,555 | -100.0% |
| Trade receivables | 40 | €5,148 | €0 | -€5,148 | -100.0% |
| Other amounts receivable | 41 | €5,408 | €0 | -€5,408 | -100.0% |
| Cash at bank and in hand | 54/58 | €8,396 | €143,689 | +€135,294 | +1611.5% |
| Deferred charges and accrued income | 490/1 | €4,151 | €4,590 | +€440 | +10.6% |
| Total equity and liabilities | 10/49 | €5,092,374 | €5,054,764 | -€37,610 | -0.7% |
| Equity | 10/15 | €835,319 | €1,136,691 | +€301,371 | +36.1% |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €190,938 | €190,938 | = | 0.0% |
| Distributable reserves | 133 | €190,938 | €190,938 | = | 0.0% |
| Profit (loss) carried forward | 14 | €444,381 | €745,753 | +€301,371 | +67.8% |
| Amounts payable | 17/49 | €4,257,055 | €3,918,073 | -€338,981 | -8.0% |
| Amounts payable after more than one year | 17 | €3,778,786 | €3,432,862 | -€345,925 | -9.2% |
| Financial debts | 170/4 | €3,778,786 | €3,432,862 | -€345,925 | -9.2% |
| Amounts payable within one year | 42/48 | €470,558 | €480,255 | +€9,698 | +2.1% |
| Current portion of amounts payable after more than one year | 42 | €343,174 | €345,925 | +€2,750 | +0.8% |
| Trade debts | 44 | €8,231 | €18,260 | +€10,030 | +121.9% |
| Suppliers | 440/4 | €8,231 | €18,260 | +€10,030 | +121.9% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €18,978 | €15,871 | -€3,107 | -16.4% |
| Taxes | 450/3 | €18,978 | €15,871 | -€3,107 | -16.4% |
| Other amounts payable | 47/48 | €100,175 | €100,200 | +€25 | 0.0% |
| Accrued charges and deferred income | 492/3 | €7,711 | €4,956 | -€2,755 | -35.7% |
| Turnover | 70 | - | €766,092 | +€766,092 | |
| Non-recurring operating income | 76A | - | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €83,153 | +€83,153 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €162,585 | €162,788 | +€203 | +0.1% |
| Other operating charges | 640/8 | €104,714 | €101,322 | -€3,392 | -3.2% |
| Gross operating margin | 9900 | €731,620 | €758,849 | +€27,229 | +3.7% |
| Operating profit (loss) | 9901 | €464,322 | €494,739 | +€30,418 | +6.6% |
| Financial income | 75/76B | €0 | €189 | +€189 | |
| Recurring financial income | 75 | €0 | €189 | +€189 | |
| Financial charges | 65/66B | €103,777 | €82,997 | -€20,780 | -20.0% |
| Recurring financial charges | 65 | €103,777 | €82,997 | -€20,780 | -20.0% |
| Profit (loss) for the period before taxes | 9903 | €360,545 | €411,932 | +€51,387 | +14.3% |
| Income taxes | 67/77 | €91,442 | €110,560 | +€19,118 | +20.9% |
| Profit (loss) for the period | 9904 | €269,103 | €301,371 | +€32,269 | +12.0% |
| Profit (loss) for the period to be appropriated | 9905 | €269,103 | €301,371 | +€32,269 | +12.0% |
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 29 September 2026 via checked.be.