FIDLERS: 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.
FIDLERS
Largest movements
- Tangible fixed assets +€3,882
up €3,882 (+5.9%), from €65,491 to €69,373
- Equity +€26,860
up €26,860 (+32.1%), from €83,575 to €110,435
of which Profit (loss) carried forward: +€26,860
- Debts within one year -€13,443
down €13,443 (-32.1%), from €41,926 to €28,483
- Debts after one year -€9,891
down €9,891 (-35.6%), from €27,816 to €17,925
- Gross operating margin +€33,766
up €33,766 (+84.5%), from €39,954 to €73,720
- Taxes +€6,811
up €6,811 (+2874.3%), from €237 to €7,048
- Depreciation +€4,429
up €4,429 (+30.8%), from €14,394 to €18,823
From the 2019 result to the 2020 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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2019 | 2020 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €153,317 | €156,843 | +€3,526 | +2.3% |
| Fixed assets | 21/28 | €65,491 | €69,373 | +€3,882 | +5.9% |
| Tangible fixed assets | 22/27 | €65,491 | €69,373 | +€3,882 | +5.9% |
| Current assets | 29/58 | €87,826 | €87,471 | -€355 | -0.4% |
| Stocks and contracts in progress | 3 | €10,665 | €8,196 | -€2,469 | -23.2% |
| Amounts receivable within one year | 40/41 | €21,931 | €7,832 | -€14,100 | -64.3% |
| Cash at bank and in hand | 54/58 | €54,508 | €70,361 | +€15,854 | +29.1% |
| Total equity and liabilities | 10/49 | €153,317 | €156,843 | +€3,526 | +2.3% |
| Equity | 10/15 | €83,575 | €110,435 | +€26,860 | +32.1% |
| Contributions | 10/11 | €12,400 | - | -€12,400 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €69,315 | €96,175 | +€26,860 | +38.8% |
| Amounts payable | 17/49 | €69,742 | €46,408 | -€23,333 | -33.5% |
| Amounts payable after more than one year | 17 | €27,816 | €17,925 | -€9,891 | -35.6% |
| Amounts payable within one year | 42/48 | €41,926 | €28,483 | -€13,443 | -32.1% |
| Trade debts | 44 | €25,981 | €7,535 | -€18,446 | -71.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,394 | €18,823 | +€4,429 | +30.8% |
| Gross operating margin | 9900 | €39,954 | €73,720 | +€33,766 | +84.5% |
| Operating profit (loss) | 9901 | -€15,830 | €29,611 | +€45,440 | |
| Recurring financial income | 75 | - | €6,650 | +€6,650 | |
| Recurring financial charges | 65 | €3,746 | €2,353 | -€1,393 | -37.2% |
| Profit (loss) for the period before taxes | 9903 | -€19,576 | €33,907 | +€53,483 | |
| Income taxes | 67/77 | €237 | €7,048 | +€6,811 | +2874.3% |
| Profit (loss) for the period | 9904 | -€19,813 | €26,860 | +€46,672 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,813 | €26,860 | +€46,672 |
Source: filed annual accounts (NBB), financial years ended 31 December 2019 and 31 December 2020. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.