FIDU-CIR: 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-CIR
Largest movements
- Current investments -€95,000
down €95,000 (-76.0%), from €125,000 to €30,000
- Cash +€88,767
up €88,767 (+354%), from €25,040 to €113,807
mainly Current investments (+€95,000) and Net result for the year (+€33,463)
- Receivables within one year +€12,314
up €12,314 (+71.3%), from €17,275 to €29,589
of which Trade receivables: +€16,946
- Tangible fixed assets +€2,087
up €2,087 (+19.4%), from €10,738 to €12,826
of which Furniture and vehicles: +€3,832
- Reserves +€25,000
up €25,000 (+92.6%), from €27,000 to €52,000
of which Distributable reserves: +€25,000
- Other debts -€14,250
down €14,250 (-71.3%), from €20,000 to €5,750
- Tax, wage and social debts -€4,890
down €4,890 (-28.6%), from €17,121 to €12,231
- Profit (loss) carried forward +€2,713
up €2,713 (+2.9%), from €94,582 to €97,295
- Gross operating margin +€20,063
up €20,063 (+74.4%), from €26,972 to €47,035
- Depreciation -€862
down €862 (-24.4%), from €3,529 to €2,667
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 | €178,703 | €188,415 | +€9,712 | +5.4% |
| Fixed assets | 21/28 | €10,738 | €12,826 | +€2,087 | +19.4% |
| Tangible fixed assets | 22/27 | €10,738 | €12,826 | +€2,087 | +19.4% |
| Plant, machinery and equipment | 23 | €78 | - | -€78 | |
| Furniture and vehicles | 24 | €409 | €4,241 | +€3,832 | +936% |
| Other tangible fixed assets | 26 | €10,251 | €8,584 | -€1,667 | -16.3% |
| Current assets | 29/58 | €167,965 | €175,589 | +€7,624 | +4.5% |
| Amounts receivable within one year | 40/41 | €17,275 | €29,589 | +€12,314 | +71.3% |
| Trade receivables | 40 | €653 | €17,600 | +€16,946 | +2,594% |
| Other amounts receivable | 41 | €16,621 | €11,989 | -€4,632 | -27.9% |
| Current investments | 50/53 | €125,000 | €30,000 | -€95,000 | -76.0% |
| Cash at bank and in hand | 54/58 | €25,040 | €113,807 | +€88,767 | +354% |
| Deferred charges and accrued income | 490/1 | €650 | €2,193 | +€1,543 | +237% |
| Total equity and liabilities | 10/49 | €178,703 | €188,415 | +€9,712 | +5.4% |
| Equity | 10/15 | €141,582 | €169,295 | +€27,713 | +19.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €27,000 | €52,000 | +€25,000 | +92.6% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Tax-exempt reserves | 132 | €10,000 | €10,000 | = | 0.0% |
| Distributable reserves | 133 | €15,000 | €40,000 | +€25,000 | +167% |
| Profit (loss) carried forward | 14 | €94,582 | €97,295 | +€2,713 | +2.9% |
| Amounts payable | 17/49 | €37,121 | €19,120 | -€18,001 | -48.5% |
| Amounts payable within one year | 42/48 | €37,121 | €19,120 | -€18,001 | -48.5% |
| Trade debts | 44 | - | €1,139 | +€1,139 | |
| Suppliers | 440/4 | - | €1,139 | +€1,139 | |
| Taxes, remuneration and social security | 45 | €17,121 | €12,231 | -€4,890 | -28.6% |
| Taxes | 450/3 | €17,121 | €12,231 | -€4,890 | -28.6% |
| Other amounts payable | 47/48 | €20,000 | €5,750 | -€14,250 | -71.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,529 | €2,667 | -€862 | -24.4% |
| Other operating charges | 640/8 | €334 | €776 | +€442 | +132% |
| Non-recurring operating charges | 66A | - | €3,506 | +€3,506 | |
| Gross operating margin | 9900 | €26,972 | €47,035 | +€20,063 | +74.4% |
| Operating profit (loss) | 9901 | €23,108 | €40,086 | +€16,978 | +73.5% |
| Financial income | 75/76B | €921 | €1,070 | +€150 | +16.3% |
| Recurring financial income | 75 | €921 | €1,070 | +€150 | +16.3% |
| Financial charges | 65/66B | €628 | €376 | -€252 | -40.2% |
| Recurring financial charges | 65 | €628 | €376 | -€252 | -40.2% |
| Profit (loss) for the period before taxes | 9903 | €23,401 | €40,781 | +€17,380 | +74.3% |
| Income taxes | 67/77 | €7,312 | €7,317 | +€6 | +0.1% |
| Profit (loss) for the period | 9904 | €16,089 | €33,463 | +€17,374 | +108% |
| Profit (loss) for the period to be appropriated | 9905 | €16,089 | €33,463 | +€17,374 | +108% |
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 19 October 2026 via checked.be.