FIDOUNA: 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.
FIDOUNA
Largest movements
- Current investments +€6.3m
up €6.3m (+158%), from €4.0m to €10.3m
- Financial fixed assets +€3.4m
up €3.4m (+12.4%), from €27.2m to €30.6m
- Profit (loss) carried forward +€9.1m
up €9.1m (+636%), from €1.4m to €10.5m
- Reserves +€478,415
up €478,415 (+560%), from €85,500 to €563,915
- Financial income +€8.6m
up €8.6m (+579%), from €1.5m to €10.1m
of which Non-recurring financial income: +€4.8m
- Financial charges -€533,109
down €533,109 (-51.6%), from €1.0m to €500,173
of which Non-recurring financial charges: -€533,195
- Taxes +€19,434
new in 2025: €19,434
- Gross operating margin +€2,602
up €2,602 (+32.6%), from -€7,981 to -€5,379
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.
Derived cash bridge
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 | €31,386,460 | €40,952,348 | +€9.6m | +30.5% |
| Fixed assets | 21/28 | €27,214,240 | €30,601,340 | +€3.4m | +12.4% |
| Financial fixed assets | 28 | €27,214,240 | €30,601,340 | +€3.4m | +12.4% |
| Current assets | 29/58 | €4,172,221 | €10,351,008 | +€6.2m | +148% |
| Amounts receivable within one year | 40/41 | €34,453 | €11,036 | -€23,417 | -68.0% |
| Other amounts receivable | 41 | €34,453 | €11,036 | -€23,417 | -68.0% |
| Current investments | 50/53 | €4,000,000 | €10,300,000 | +€6.3m | +158% |
| Cash at bank and in hand | 54/58 | €134,810 | €37,132 | -€97,678 | -72.5% |
| Deferred charges and accrued income | 490/1 | €2,958 | €2,840 | -€118 | -4.0% |
| Total equity and liabilities | 10/49 | €31,386,460 | €40,952,348 | +€9.6m | +30.5% |
| Equity | 10/15 | €23,960,323 | €33,528,618 | +€9.6m | +39.9% |
| Contributions | 10/11 | €22,446,000 | €22,446,000 | = | 0.0% |
| Capital | 10 | €22,446,000 | €22,446,000 | = | 0.0% |
| Issued capital | 100 | €23,046,000 | €23,046,000 | = | 0.0% |
| Uncalled capital | 101 | €600,000 | €600,000 | = | 0.0% |
| Reserves | 13 | €85,500 | €563,915 | +€478,415 | +560% |
| Non-distributable reserves | 130/1 | €85,500 | €563,915 | +€478,415 | +560% |
| Legal reserve | 130 | €85,500 | €563,915 | +€478,415 | +560% |
| Profit (loss) carried forward | 14 | €1,428,823 | €10,518,703 | +€9.1m | +636% |
| Amounts payable | 17/49 | €7,426,138 | €7,423,730 | -€2,407 | 0.0% |
| Amounts payable within one year | 42/48 | €7,426,138 | €7,423,730 | -€2,407 | 0.0% |
| Trade debts | 44 | €5,150 | €2,743 | -€2,407 | -46.7% |
| Suppliers | 440/4 | €5,150 | €2,743 | -€2,407 | -46.7% |
| Other amounts payable | 47/48 | €7,420,988 | €7,420,988 | = | 0.0% |
| Other operating charges | 640/8 | €962 | €968 | +€5 | +0.5% |
| Gross operating margin | 9900 | -€7,981 | -€5,379 | +€2,602 | +32.6% |
| Operating profit (loss) | 9901 | -€8,943 | -€6,346 | +€2,597 | +29.0% |
| Financial income | 75/76B | €1,487,095 | €10,094,248 | +€8.6m | +579% |
| Recurring financial income | 75 | €1,312,727 | €5,097,848 | +€3.8m | +288% |
| Non-recurring financial income | 76B | €174,368 | €4,996,400 | +€4.8m | +2,765% |
| Financial charges | 65/66B | €1,033,282 | €500,173 | -€533,109 | -51.6% |
| Recurring financial charges | 65 | €87 | €173 | +€86 | +99.2% |
| Non-recurring financial charges | 66B | €1,033,195 | €500,000 | -€533,195 | -51.6% |
| Profit (loss) for the period before taxes | 9903 | €444,869 | €9,587,729 | +€9.1m | +2,055% |
| Income taxes | 67/77 | - | €19,434 | +€19,434 | |
| Profit (loss) for the period | 9904 | €444,869 | €9,568,295 | +€9.1m | +2,051% |
| Profit (loss) for the period to be appropriated | 9905 | €444,869 | €9,568,295 | +€9.1m | +2,051% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.