FIDI: 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.
FIDI
Largest movements
- Receivables within one year +€315,012
up €315,012 (+137.3%), from €229,428 to €544,440
of which Trade receivables: +€307,961
- Current investments +€285,690
up €285,690 (+16.4%), from €1.7m to €2.0m
- Cash -€187,168
down €187,168 (-17.4%), from €1.1m to €889,568
mainly Receivables within one year (-€315,012) and Current investments (-€285,690)
- Deferred charges and accrued income +€127,679
up €127,679 (+80.3%), from €158,904 to €286,583
- Reserves +€226,005
up €226,005 (+8.8%), from €2.6m to €2.8m
- Debts within one year +€155,024
up €155,024 (+16.1%), from €961,582 to €1.1m
of which Trade debts: +€125,084
- Debts after one year +€100,988
new in 2025: €100,988
- Accrued charges and deferred income +€87,731
up €87,731 (+32.4%), from €271,139 to €358,870
- Profit (loss) carried forward -€57,452
down €57,452 (-9.1%), from -€632,116 to -€689,568
- Turnover +€433,426
up €433,426 (+17.6%), from €2.5m to €2.9m
- Purchases and services +€360,377
up €360,377 (+16.5%), from €2.2m to €2.5m
- Financial charges +€105,943
up €105,943, from -€13,605 to €92,338
- Staff costs +€105,122
up €105,122 (+7.2%), from €1.5m to €1.6m
- Gross operating margin +€78,356
up €78,356 (+4.3%), from €1.8m to €1.9m
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 | €3,321,343 | €3,835,776 | +€514,434 | +15.5% |
| Fixed assets | 21/28 | €114,941 | €88,162 | -€26,779 | -23.3% |
| Intangible fixed assets | 21 | €77,686 | €54,099 | -€23,587 | -30.4% |
| Tangible fixed assets | 22/27 | €15,254 | €12,063 | -€3,192 | -20.9% |
| Plant, machinery and equipment | 23 | €14,939 | €12,063 | -€2,876 | -19.3% |
| Furniture and vehicles | 24 | €316 | - | -€316 | |
| Financial fixed assets | 28 | €22,000 | €22,000 | = | 0.0% |
| Current assets | 29/58 | €3,206,402 | €3,747,614 | +€541,212 | +16.9% |
| Amounts receivable within one year | 40/41 | €229,428 | €544,440 | +€315,012 | +137.3% |
| Trade receivables | 40 | €195,072 | €503,033 | +€307,961 | +157.9% |
| Other amounts receivable | 41 | €34,356 | €41,407 | +€7,051 | +20.5% |
| Current investments | 50/53 | €1,741,334 | €2,027,023 | +€285,690 | +16.4% |
| Cash at bank and in hand | 54/58 | €1,076,736 | €889,568 | -€187,168 | -17.4% |
| Deferred charges and accrued income | 490/1 | €158,904 | €286,583 | +€127,679 | +80.3% |
| Total equity and liabilities | 10/49 | €3,321,343 | €3,835,776 | +€514,434 | +15.5% |
| Equity | 10/15 | €1,947,047 | €2,115,600 | +€168,553 | +8.7% |
| Reserves | 13 | €2,579,163 | €2,805,168 | +€226,005 | +8.8% |
| Profit (loss) carried forward | 14 | -€632,116 | -€689,568 | -€57,452 | -9.1% |
| Provisions and deferred taxes | 16 | €141,575 | €143,714 | +€2,139 | +1.5% |
| Provisions for liabilities and charges | 160/5 | €141,575 | €143,714 | +€2,139 | +1.5% |
| Other liabilities and charges | 164/5 | €141,575 | €143,714 | +€2,139 | +1.5% |
| Amounts payable | 17/49 | €1,232,721 | €1,576,463 | +€343,742 | +27.9% |
| Amounts payable after more than one year | 17 | - | €100,988 | +€100,988 | |
| Other amounts payable | 178/9 | - | €100,988 | +€100,988 | |
| Amounts payable within one year | 42/48 | €961,582 | €1,116,606 | +€155,024 | +16.1% |
| Trade debts | 44 | €220,058 | €345,142 | +€125,084 | +56.8% |
| Suppliers | 440/4 | €220,058 | €345,142 | +€125,084 | +56.8% |
| Advances received on contracts in progress | 46 | €514,504 | €522,998 | +€8,494 | +1.7% |
| Taxes, remuneration and social security | 45 | €207,015 | €215,585 | +€8,569 | +4.1% |
| Remuneration and social security | 454/9 | €207,015 | €215,585 | +€8,569 | +4.1% |
| Accrued charges and deferred income | 492/3 | €271,139 | €358,870 | +€87,731 | +32.4% |
| Turnover | 70 | €2,466,749 | €2,900,175 | +€433,426 | +17.6% |
| Goods, raw materials, services and sundry goods | 60/61 | €2,177,629 | €2,538,006 | +€360,377 | +16.5% |
| Remuneration, social security and pensions | 62 | €1,460,113 | €1,565,235 | +€105,122 | +7.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €76,443 | €69,338 | -€7,105 | -9.3% |
| Other operating charges | 640/8 | €12,113 | €39,234 | +€27,121 | +223.9% |
| Gross operating margin | 9900 | €1,841,568 | €1,919,924 | +€78,356 | +4.3% |
| Operating profit (loss) | 9901 | €292,899 | €243,978 | -€48,921 | -16.7% |
| Financial income | 75/76B | €32,205 | €16,913 | -€15,292 | -47.5% |
| Recurring financial income | 75 | €32,205 | €16,913 | -€15,292 | -47.5% |
| Financial charges | 65/66B | -€13,605 | €92,338 | +€105,943 | |
| Recurring financial charges | 65 | -€13,605 | €92,338 | +€105,943 | |
| Profit (loss) for the period before taxes | 9903 | €338,709 | €168,553 | -€170,156 | -50.2% |
| Profit (loss) for the period | 9904 | €338,709 | €168,553 | -€170,156 | -50.2% |
| Profit (loss) for the period to be appropriated | 9905 | €338,709 | €168,553 | -€170,156 | -50.2% |
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.