FIDU 2.0: 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.
FIDU 2.0
Largest movements
- Cash +€54,905
up €54,905 (+63.2%), from €86,915 to €141,820
mainly Net result for the year (+€33,608) and Tax, wage and social debts (+€21,250)
- Reserves +€30,000
new in 2025: €30,000
- Tax, wage and social debts +€21,250
up €21,250 (+87.6%), from €24,247 to €45,497
of which Taxes: +€24,431
- Staff costs -€20,574
down €20,574 (-78.4%), from €26,230 to €5,656
- Financial charges +€15,924
up €15,924 (+856%), from €1,860 to €17,783
- Gross operating margin -€13,200
down €13,200 (-12.4%), from €106,407 to €93,207
- Depreciation +€3,954
up €3,954 (+36.6%), from €10,813 to €14,767
- Other operating charges +€1,382
up €1,382 (+138%), from €1,001 to €2,383
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 | €583,838 | €646,727 | +€62,889 | +10.8% |
| Fixed assets | 21/28 | €448,897 | €452,974 | +€4,077 | +0.9% |
| Tangible fixed assets | 22/27 | €448,897 | €452,974 | +€4,077 | +0.9% |
| Land and buildings | 22 | €447,335 | €445,687 | -€1,648 | -0.4% |
| Furniture and vehicles | 24 | €1,562 | €7,287 | +€5,725 | +367% |
| Current assets | 29/58 | €134,941 | €193,753 | +€58,811 | +43.6% |
| Amounts receivable within one year | 40/41 | €46,369 | €46,608 | +€239 | +0.5% |
| Trade receivables | 40 | €46,369 | €46,608 | +€239 | +0.5% |
| Cash at bank and in hand | 54/58 | €86,915 | €141,820 | +€54,905 | +63.2% |
| Deferred charges and accrued income | 490/1 | €1,657 | €5,324 | +€3,668 | +221% |
| Total equity and liabilities | 10/49 | €583,838 | €646,727 | +€62,889 | +10.8% |
| Equity | 10/15 | €92,475 | €126,082 | +€33,608 | +36.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | - | €30,000 | +€30,000 | |
| Distributable reserves | 133 | - | €30,000 | +€30,000 | |
| Profit (loss) carried forward | 14 | €89,475 | €93,082 | +€3,608 | +4.0% |
| Amounts payable | 17/49 | €491,364 | €520,645 | +€29,281 | +6.0% |
| Amounts payable after more than one year | 17 | €384,457 | €379,787 | -€4,670 | -1.2% |
| Financial debts | 170/4 | €384,457 | €379,787 | -€4,670 | -1.2% |
| Amounts payable within one year | 42/48 | €106,307 | €134,187 | +€27,880 | +26.2% |
| Current portion of amounts payable after more than one year | 42 | €14,353 | €18,705 | +€4,352 | +30.3% |
| Trade debts | 44 | €12,011 | €14,395 | +€2,384 | +19.8% |
| Suppliers | 440/4 | €12,011 | €14,395 | +€2,384 | +19.8% |
| Taxes, remuneration and social security | 45 | €24,247 | €45,497 | +€21,250 | +87.6% |
| Taxes | 450/3 | €18,796 | €43,227 | +€24,431 | +130% |
| Remuneration and social security | 454/9 | €5,451 | €2,270 | -€3,181 | -58.4% |
| Other amounts payable | 47/48 | €55,695 | €55,590 | -€105 | -0.2% |
| Accrued charges and deferred income | 492/3 | €600 | €6,670 | +€6,070 | +1,012% |
| Remuneration, social security and pensions | 62 | €26,230 | €5,656 | -€20,574 | -78.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,813 | €14,767 | +€3,954 | +36.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,479 | €3,811 | +€1,331 | +53.7% |
| Other operating charges | 640/8 | €1,001 | €2,383 | +€1,382 | +138% |
| Gross operating margin | 9900 | €106,407 | €93,207 | -€13,200 | -12.4% |
| Operating profit (loss) | 9901 | €65,884 | €66,590 | +€706 | +1.1% |
| Financial income | 75/76B | €2 | €571 | +€569 | +27,483% |
| Recurring financial income | 75 | €2 | €571 | +€569 | +27,483% |
| Financial charges | 65/66B | €1,860 | €17,783 | +€15,924 | +856% |
| Recurring financial charges | 65 | €1,860 | €17,783 | +€15,924 | +856% |
| Profit (loss) for the period before taxes | 9903 | €64,026 | €49,378 | -€14,648 | -22.9% |
| Income taxes | 67/77 | €14,550 | €15,770 | +€1,220 | +8.4% |
| Profit (loss) for the period | 9904 | €49,476 | €33,608 | -€15,869 | -32.1% |
| Profit (loss) for the period to be appropriated | 9905 | €49,476 | €33,608 | -€15,869 | -32.1% |
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 18 October 2026 via checked.be.