FIDEXPERT: 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.
FIDEXPERT
Largest movements
- Current investments -€480,010
down €480,010 (-35.8%), from €1.3m to €859,595
- Cash -€65,544
down €65,544 (-42.1%), from €155,706 to €90,162
mainly Contributions, distributions and other (-€629,200) and Investment in fixed assets (net) (-€3,559)
- Contributions -€628,200
down €628,200 (-97.1%), from €646,800 to €18,600
- Reserves +€86,000
up €86,000 (+9.8%), from €879,475 to €965,475
- Gross operating margin +€27,101
up €27,101 (+34.9%), from €77,728 to €104,829
- Financial income -€19,553
down €19,553 (-43.5%), from €45,000 to €25,447
- Taxes +€1,804
up €1,804 (+5.2%), from €34,363 to €36,167
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.
Derived cash bridge
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 | €1,539,532 | €996,702 | -€542,830 | -35.3% |
| Fixed assets | 21/28 | €15,537 | €14,023 | -€1,514 | -9.7% |
| Tangible fixed assets | 22/27 | €15,460 | €14,023 | -€1,437 | -9.3% |
| Furniture and vehicles | 24 | €15,460 | €14,023 | -€1,437 | -9.3% |
| Financial fixed assets | 28 | €77 | - | -€77 | |
| Current assets | 29/58 | €1,523,995 | €982,679 | -€541,316 | -35.5% |
| Amounts receivable within one year | 40/41 | €26,534 | €29,952 | +€3,418 | +12.9% |
| Trade receivables | 40 | €16,900 | €23,479 | +€6,579 | +38.9% |
| Other amounts receivable | 41 | €9,634 | €6,473 | -€3,161 | -32.8% |
| Current investments | 50/53 | €1,339,605 | €859,595 | -€480,010 | -35.8% |
| Cash at bank and in hand | 54/58 | €155,706 | €90,162 | -€65,544 | -42.1% |
| Deferred charges and accrued income | 490/1 | €2,150 | €2,970 | +€820 | +38.1% |
| Total equity and liabilities | 10/49 | €1,539,532 | €996,702 | -€542,830 | -35.3% |
| Equity | 10/15 | €1,526,871 | €984,629 | -€542,242 | -35.5% |
| Contributions | 10/11 | €646,800 | €18,600 | -€628,200 | -97.1% |
| Reserves | 13 | €879,475 | €965,475 | +€86,000 | +9.8% |
| Distributable reserves | 133 | €879,475 | €965,475 | +€86,000 | +9.8% |
| Profit (loss) carried forward | 14 | €596 | €554 | -€42 | -7.0% |
| Amounts payable | 17/49 | €12,661 | €12,073 | -€588 | -4.6% |
| Amounts payable within one year | 42/48 | €12,608 | €11,822 | -€786 | -6.2% |
| Trade debts | 44 | €1,261 | €596 | -€665 | -52.7% |
| Suppliers | 440/4 | €1,261 | €596 | -€665 | -52.7% |
| Taxes, remuneration and social security | 45 | €3,305 | €6,185 | +€2,880 | +87.1% |
| Taxes | 450/3 | €3,305 | €6,185 | +€2,880 | +87.1% |
| Other amounts payable | 47/48 | €8,042 | €5,041 | -€3,001 | -37.3% |
| Accrued charges and deferred income | 492/3 | €53 | €251 | +€198 | +374% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,914 | €5,073 | +€159 | +3.2% |
| Other operating charges | 640/8 | €1,789 | €1,954 | +€165 | +9.2% |
| Gross operating margin | 9900 | €77,728 | €104,829 | +€27,101 | +34.9% |
| Operating profit (loss) | 9901 | €71,025 | €97,802 | +€26,777 | +37.7% |
| Financial income | 75/76B | €45,000 | €25,447 | -€19,553 | -43.5% |
| Recurring financial income | 75 | €45,000 | €25,447 | -€19,553 | -43.5% |
| Financial charges | 65/66B | €116 | €124 | +€8 | +6.9% |
| Recurring financial charges | 65 | €116 | €124 | +€8 | +6.9% |
| Profit (loss) for the period before taxes | 9903 | €115,909 | €123,125 | +€7,216 | +6.2% |
| Income taxes | 67/77 | €34,363 | €36,167 | +€1,804 | +5.2% |
| Profit (loss) for the period | 9904 | €81,546 | €86,958 | +€5,412 | +6.6% |
| Profit (loss) for the period to be appropriated | 9905 | €81,546 | €86,958 | +€5,412 | +6.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.