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FIDONI: 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.

What changed

FIDONI

BE 0884.213.396
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€951,273
2024 · €46.8m-€45.8m
Equity
€64.1m
2024 · €63.3m+€866,273
Cash
€27,286
2024 · €798,774-€771,489
Balance sheet total
€65.1m
2024 · €68.4m-€3.3m

Largest movements

2024 to 2025
Assets
  • Current investments -€3.9m

    down €3.9m (-20.0%), from €19.3m to €15.4m

  • Receivables within one year +€1.3m

    up €1.3m (+2.7%), from €48.3m to €49.6m

  • Cash -€771,489

    down €771,489 (-96.6%), from €798,774 to €27,286

    mainly Tax, wage and social debts (-€4.6m) and Receivables within one year (-€1.3m)

Equity and liabilities
  • Tax, wage and social debts -€4.6m

    down €4.6m (-99.5%), from €4.7m to €25,500

  • Reserves +€951,273

    up €951,273 (+1.9%), from €50.6m to €51.5m

    of which Distributable reserves: +€951,273

Income statement
  • Financial income -€47.7m

    down €47.7m (-92.0%), from €51.8m to €4.1m

    of which Non-recurring financial income: -€51.2m

  • Taxes -€4.3m

    down €4.3m (-92.1%), from €4.7m to €369,945

  • Financial charges +€2.8m

    up €2.8m (+33403.3%), from €8,316 to €2.8m

  • Gross operating margin +€292,509

    up €292,509 (+91.7%), from -€318,910 to -€26,400

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €46.8m
Gross operating margin +€292,509
Other operating charges +€59
Financial income -€47.7m
Financial charges -€2.8m
Taxes +€4.3m
Result 2025 €951,273

Cash bridge derived

cash 2024 to 2025

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.

From operations -€4.8m
Investment +€3.9m
Financing +€121,963
Cash 2024 €798,774
Net result for the year +€951,273
Receivables within one year -€1.3m
Smaller working-capital items +€9,439
Trade debts +€657,734
Tax, wage and social debts -€4.6m
Other debts -€400,500
Current investments +€3.9m
Short-term financial debts +€206,963
Contributions, distributions and other -€85,000
Cash 2025 €27,286
Every line side by side 39 lines
Line Code 2024 2025 Change %
Total assets 20/58 €68,407,409 €65,089,528 -€3.3m -4.9%
Current assets 29/58 €68,407,409 €65,089,528 -€3.3m -4.9%
Amounts receivable within one year 40/41 €48,313,591 €49,637,268 +€1.3m +2.7%
Other amounts receivable 41 €48,313,591 €49,637,268 +€1.3m +2.7%
Current investments 50/53 €19,285,543 €15,424,974 -€3.9m -20.0%
Cash at bank and in hand 54/58 €798,774 €27,286 -€771,489 -96.6%
Deferred charges and accrued income 490/1 €9,501 - -€9,501
Total equity and liabilities 10/49 €68,407,409 €65,089,528 -€3.3m -4.9%
Equity 10/15 €63,271,422 €64,137,695 +€866,273 +1.4%
Contributions 10/11 €63,000 €63,000 = 0.0%
Capital 10 €63,000 €63,000 = 0.0%
Issued capital 100 €63,000 €63,000 = 0.0%
Reserves 13 €50,551,377 €51,502,651 +€951,273 +1.9%
Non-distributable reserves 130/1 €513,000 €513,000 = 0.0%
Legal reserve 130 €513,000 €513,000 = 0.0%
Distributable reserves 133 €50,038,377 €50,989,651 +€951,273 +1.9%
Profit (loss) carried forward 14 €12,657,044 €12,572,044 -€85,000 -0.7%
Amounts payable 17/49 €5,135,988 €951,833 -€4.2m -81.5%
Amounts payable within one year 42/48 €5,135,926 €951,833 -€4.2m -81.5%
Financial debts 43 - €206,963 +€206,963
Credit institutions 430/8 - €206,963 +€206,963
Trade debts 44 €1,652 €659,386 +€657,734 +39822.8%
Suppliers 440/4 €1,652 €659,386 +€657,734 +39822.8%
Taxes, remuneration and social security 45 €4,673,790 €25,500 -€4.6m -99.5%
Taxes 450/3 €4,673,790 €25,500 -€4.6m -99.5%
Other amounts payable 47/48 €460,484 €59,984 -€400,500 -87.0%
Accrued charges and deferred income 492/3 €62 - -€62
Other operating charges 640/8 €5,798 €5,738 -€59 -1.0%
Gross operating margin 9900 -€318,910 -€26,400 +€292,509 +91.7%
Operating profit (loss) 9901 -€324,707 -€32,139 +€292,569 +90.1%
Financial income 75/76B €51,809,496 €4,139,607 -€47.7m -92.0%
Recurring financial income 75 €601,745 €4,139,607 +€3.5m +587.9%
Non-recurring financial income 76B €51,207,751 - -€51.2m
Financial charges 65/66B €8,316 €2,786,251 +€2.8m +33403.3%
Recurring financial charges 65 €8,316 €2,786,251 +€2.8m +33403.3%
Profit (loss) for the period before taxes 9903 €51,476,472 €1,321,218 -€50.2m -97.4%
Income taxes 67/77 €4,679,679 €369,945 -€4.3m -92.1%
Profit (loss) for the period 9904 €46,796,792 €951,273 -€45.8m -98.0%
Profit (loss) for the period to be appropriated 9905 €46,796,792 €951,273 -€45.8m -98.0%

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.