FIDISE: 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.
FIDISE
Largest movements
- Tangible fixed assets +€253,197
up €253,197 (+66.4%), from €381,109 to €634,306
of which Land and buildings: +€234,520
- Stocks and contracts +€80,842
up €80,842 (+10778.9%), from €750 to €81,592
- Current investments -€21,756
down €21,756 (-72.4%), from €30,054 to €8,298
- Other debts +€236,653
up €236,653 (+467.5%), from €50,621 to €287,274
- Debts after one year +€79,154
up €79,154 (+44.2%), from €179,003 to €258,157
- Trade debts -€9,102
down €9,102 (-78.7%), from €11,570 to €2,468
- Staff costs +€23,103
new in 2025: €23,103
- Depreciation -€18,431
down €18,431 (-39.8%), from €46,282 to €27,851
- Financial income +€6,040
up €6,040 (+99.0%), from €6,098 to €12,138
- Gross operating margin -€4,271
down €4,271 (-7.0%), from €60,860 to €56,589
- Financial charges +€3,092
up €3,092 (+47.6%), from €6,490 to €9,582
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 | €441,239 | €765,370 | +€324,131 | +73.5% |
| Fixed assets | 21/28 | €382,655 | €639,165 | +€256,510 | +67.0% |
| Intangible fixed assets | 21 | €1,546 | €4,859 | +€3,313 | +214.3% |
| Tangible fixed assets | 22/27 | €381,109 | €634,306 | +€253,197 | +66.4% |
| Land and buildings | 22 | €355,895 | €590,415 | +€234,520 | +65.9% |
| Plant, machinery and equipment | 23 | €5,834 | €12,036 | +€6,202 | +106.3% |
| Furniture and vehicles | 24 | €19,380 | €31,855 | +€12,475 | +64.4% |
| Current assets | 29/58 | €58,584 | €126,205 | +€67,621 | +115.4% |
| Stocks and contracts in progress | 3 | €750 | €81,592 | +€80,842 | +10778.9% |
| Stocks | 30/36 | €750 | €81,592 | +€80,842 | +10778.9% |
| Amounts receivable within one year | 40/41 | €5,911 | €10,699 | +€4,788 | +81.0% |
| Trade receivables | 40 | €5,911 | €10,699 | +€4,788 | +81.0% |
| Current investments | 50/53 | €30,054 | €8,298 | -€21,756 | -72.4% |
| Cash at bank and in hand | 54/58 | €19,125 | €21,324 | +€2,199 | +11.5% |
| Deferred charges and accrued income | 490/1 | €2,744 | €4,292 | +€1,548 | +56.4% |
| Total equity and liabilities | 10/49 | €441,239 | €765,370 | +€324,131 | +73.5% |
| Equity | 10/15 | €181,899 | €186,992 | +€5,093 | +2.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €163,299 | €168,392 | +€5,093 | +3.1% |
| Tax-exempt reserves | 132 | €325 | €325 | = | 0.0% |
| Distributable reserves | 133 | €162,974 | €168,067 | +€5,093 | +3.1% |
| Amounts payable | 17/49 | €259,340 | €578,378 | +€319,038 | +123.0% |
| Amounts payable after more than one year | 17 | €179,003 | €258,157 | +€79,154 | +44.2% |
| Financial debts | 170/4 | €179,003 | €258,157 | +€79,154 | +44.2% |
| Amounts payable within one year | 42/48 | €80,337 | €320,221 | +€239,884 | +298.6% |
| Current portion of amounts payable after more than one year | 42 | €17,386 | €16,387 | -€999 | -5.7% |
| Trade debts | 44 | €11,570 | €2,468 | -€9,102 | -78.7% |
| Suppliers | 440/4 | €11,570 | €2,468 | -€9,102 | -78.7% |
| Advances received on contracts in progress | 46 | - | €6,345 | +€6,345 | |
| Taxes, remuneration and social security | 45 | €760 | €7,747 | +€6,987 | +919.3% |
| Taxes | 450/3 | €760 | €6,832 | +€6,072 | +798.9% |
| Remuneration and social security | 454/9 | - | €915 | +€915 | |
| Other amounts payable | 47/48 | €50,621 | €287,274 | +€236,653 | +467.5% |
| Remuneration, social security and pensions | 62 | - | €23,103 | +€23,103 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €46,282 | €27,851 | -€18,431 | -39.8% |
| Other operating charges | 640/8 | €1,678 | €2,418 | +€740 | +44.1% |
| Non-recurring operating charges | 66A | €16 | - | -€16 | |
| Gross operating margin | 9900 | €60,860 | €56,589 | -€4,271 | -7.0% |
| Operating profit (loss) | 9901 | €12,884 | €3,217 | -€9,667 | -75.0% |
| Financial income | 75/76B | €6,098 | €12,138 | +€6,040 | +99.0% |
| Recurring financial income | 75 | €6,098 | €12,138 | +€6,040 | +99.0% |
| Financial charges | 65/66B | €6,490 | €9,582 | +€3,092 | +47.6% |
| Recurring financial charges | 65 | €6,490 | €9,582 | +€3,092 | +47.6% |
| Profit (loss) for the period before taxes | 9903 | €12,492 | €5,773 | -€6,719 | -53.8% |
| Income taxes | 67/77 | €1,354 | €680 | -€674 | -49.8% |
| Profit (loss) for the period | 9904 | €11,138 | €5,093 | -€6,045 | -54.3% |
| Profit (loss) for the period to be appropriated | 9905 | €11,138 | €5,093 | -€6,045 | -54.3% |
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 12 October 2026 via checked.be.