FIDINVEST: what changed
FIDINVEST
Largest movements
- Cash +€125,947
up €125,947 (+81.1%), from €155,237 to €281,184
mainly Net result for the year (+€128,920) and Tax, wage and social debts (+€27,335)
- Tangible fixed assets +€16,514
up €16,514 (+17.9%), from €92,201 to €108,715
of which Furniture and vehicles: +€26,634
- Receivables within one year +€11,493
up €11,493 (+358%), from €3,211 to €14,704
- Reserves +€128,920
up €128,920 (+27.8%), from €463,877 to €592,796
of which Distributable reserves: +€129,677
- Tax, wage and social debts +€27,335
up €27,335 (+93.2%), from €29,340 to €56,675
- Gross operating margin +€34,816
up €34,816 (+20.5%), from €169,954 to €204,770
- Taxes +€16,279
up €16,279 (+33.6%), from €48,476 to €64,755
- Depreciation +€6,297
up €6,297 (+36.1%), from €17,442 to €23,739
- Financial income +€4,442
up €4,442 (+39.2%), from €11,325 to €15,767
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €552,279 | €707,754 | +€155,475 | +28.2% |
| Fixed assets | 21/28 | €92,251 | €108,764 | +€16,514 | +17.9% |
| Tangible fixed assets | 22/27 | €92,201 | €108,715 | +€16,514 | +17.9% |
| Land and buildings | 22 | €54,063 | €45,052 | -€9,010 | -16.7% |
| Plant, machinery and equipment | 23 | €4,811 | €3,701 | -€1,110 | -23.1% |
| Furniture and vehicles | 24 | €33,327 | €59,962 | +€26,634 | +79.9% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €460,029 | €598,990 | +€138,961 | +30.2% |
| Amounts receivable within one year | 40/41 | €3,211 | €14,704 | +€11,493 | +358% |
| Trade receivables | 40 | €3,211 | €14,704 | +€11,493 | +358% |
| Current investments | 50/53 | €301,581 | €303,102 | +€1,521 | +0.5% |
| Cash at bank and in hand | 54/58 | €155,237 | €281,184 | +€125,947 | +81.1% |
| Total equity and liabilities | 10/49 | €552,279 | €707,754 | +€155,475 | +28.2% |
| Equity | 10/15 | €476,327 | €605,246 | +€128,920 | +27.1% |
| Contributions | 10/11 | €12,450 | €12,450 | = | 0.0% |
| Reserves | 13 | €463,877 | €592,796 | +€128,920 | +27.8% |
| Tax-exempt reserves | 132 | €7,449 | €6,692 | -€757 | -10.2% |
| Distributable reserves | 133 | €456,428 | €586,105 | +€129,677 | +28.4% |
| Provisions and deferred taxes | 16 | €2,838 | €2,515 | -€323 | -11.4% |
| Deferred taxes | 168 | €2,838 | €2,515 | -€323 | -11.4% |
| Amounts payable | 17/49 | €73,115 | €99,993 | +€26,879 | +36.8% |
| Amounts payable within one year | 42/48 | €73,115 | €99,993 | +€26,879 | +36.8% |
| Trade debts | 44 | €4,426 | €10,297 | +€5,871 | +133% |
| Suppliers | 440/4 | €4,426 | €10,297 | +€5,871 | +133% |
| Taxes, remuneration and social security | 45 | €29,340 | €56,675 | +€27,335 | +93.2% |
| Taxes | 450/3 | €29,340 | €56,675 | +€27,335 | +93.2% |
| Other amounts payable | 47/48 | €39,349 | €33,022 | -€6,327 | -16.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,442 | €23,739 | +€6,297 | +36.1% |
| Other operating charges | 640/8 | €2,287 | €2,267 | -€20 | -0.9% |
| Gross operating margin | 9900 | €169,954 | €204,770 | +€34,816 | +20.5% |
| Operating profit (loss) | 9901 | €150,225 | €178,764 | +€28,538 | +19.0% |
| Financial income | 75/76B | €11,325 | €15,767 | +€4,442 | +39.2% |
| Recurring financial income | 75 | €11,325 | €15,767 | +€4,442 | +39.2% |
| Financial charges | 65/66B | €432 | €1,179 | +€746 | +173% |
| Recurring financial charges | 65 | €432 | €1,179 | +€746 | +173% |
| Profit (loss) for the period before taxes | 9903 | €161,118 | €193,352 | +€32,234 | +20.0% |
| Transfer from deferred taxes | 780 | €323 | €323 | = | 0.0% |
| Income taxes | 67/77 | €48,476 | €64,755 | +€16,279 | +33.6% |
| Profit (loss) for the period | 9904 | €112,965 | €128,920 | +€15,955 | +14.1% |
| Transfer from tax-exempt reserves | 789 | €757 | €757 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €113,722 | €129,677 | +€15,955 | +14.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.