FIDU - CONDROZ: 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 - CONDROZ
Largest movements
- Cash -€11,225
down €11,225 (-38.9%), from €28,847 to €17,622
mainly Trade debts (-€5,517) and Receivables within one year (-€5,177)
- Receivables within one year +€5,177
up €5,177 (+8.7%), from €59,419 to €64,596
of which Trade receivables: +€7,629
- Tangible fixed assets -€4,050
down €4,050 (-46.6%), from €8,692 to €4,641
of which Other tangible fixed assets: -€2,214
- Trade debts -€5,517
down €5,517 (-52.5%), from €10,511 to €4,994
- Other debts -€4,258
down €4,258 (-65.4%), from €6,507 to €2,249
- Tax, wage and social debts -€3,685
down €3,685 (-29.8%), from €12,373 to €8,687
- Profit (loss) carried forward +€3,530
up €3,530 (+7.5%), from €47,117 to €50,647
- Other operating charges -€3,168
down €3,168 (-76.3%), from €4,151 to €984
- Gross operating margin -€2,777
down €2,777 (-16.1%), from €17,200 to €14,423
- Write-downs -€1,036
new in 2025: -€1,036
- Financial charges -€815
down €815 (-27.1%), from €3,009 to €2,193
- Taxes -€643
down €643 (-12.6%), from €5,085 to €4,442
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 | €99,503 | €89,279 | -€10,224 | -10.3% |
| Formation expenses | 20 | €1,029 | €763 | -€265 | -25.8% |
| Fixed assets | 21/28 | €8,692 | €4,641 | -€4,050 | -46.6% |
| Tangible fixed assets | 22/27 | €8,692 | €4,641 | -€4,050 | -46.6% |
| Plant, machinery and equipment | 23 | €4,372 | €2,536 | -€1,836 | -42.0% |
| Other tangible fixed assets | 26 | €4,319 | €2,105 | -€2,214 | -51.3% |
| Current assets | 29/58 | €89,783 | €83,875 | -€5,908 | -6.6% |
| Amounts receivable within one year | 40/41 | €59,419 | €64,596 | +€5,177 | +8.7% |
| Trade receivables | 40 | €56,966 | €64,595 | +€7,629 | +13.4% |
| Other amounts receivable | 41 | €2,453 | €1 | -€2,452 | -100.0% |
| Current investments | 50/53 | €717 | €757 | +€40 | +5.6% |
| Cash at bank and in hand | 54/58 | €28,847 | €17,622 | -€11,225 | -38.9% |
| Deferred charges and accrued income | 490/1 | €799 | €900 | +€101 | +12.6% |
| Total equity and liabilities | 10/49 | €99,503 | €89,279 | -€10,224 | -10.3% |
| Equity | 10/15 | €60,997 | €64,527 | +€3,530 | +5.8% |
| Contributions | 10/11 | €7,445 | €7,445 | = | 0.0% |
| Reserves | 13 | €6,435 | €6,435 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €4,575 | €4,575 | = | 0.0% |
| Profit (loss) carried forward | 14 | €47,117 | €50,647 | +€3,530 | +7.5% |
| Amounts payable | 17/49 | €38,506 | €24,752 | -€13,754 | -35.7% |
| Amounts payable after more than one year | 17 | €6,060 | €5,322 | -€738 | -12.2% |
| Other amounts payable | 178/9 | €6,060 | €5,322 | -€738 | -12.2% |
| Amounts payable within one year | 42/48 | €32,447 | €19,431 | -€13,016 | -40.1% |
| Current portion of amounts payable after more than one year | 42 | €3,056 | €3,500 | +€444 | +14.5% |
| Trade debts | 44 | €10,511 | €4,994 | -€5,517 | -52.5% |
| Suppliers | 440/4 | €10,511 | €4,994 | -€5,517 | -52.5% |
| Taxes, remuneration and social security | 45 | €12,373 | €8,687 | -€3,685 | -29.8% |
| Taxes | 450/3 | €12,373 | €8,687 | -€3,685 | -29.8% |
| Other amounts payable | 47/48 | €6,507 | €2,249 | -€4,258 | -65.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,964 | €4,316 | +€351 | +8.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€1,036 | -€1,036 | |
| Other operating charges | 640/8 | €4,151 | €984 | -€3,168 | -76.3% |
| Gross operating margin | 9900 | €17,200 | €14,423 | -€2,777 | -16.1% |
| Operating profit (loss) | 9901 | €9,084 | €10,159 | +€1,075 | +11.8% |
| Financial income | 75/76B | €1 | €7 | +€5 | +432% |
| Recurring financial income | 75 | €1 | €7 | +€5 | +432% |
| Financial charges | 65/66B | €3,009 | €2,193 | -€815 | -27.1% |
| Recurring financial charges | 65 | €3,009 | €2,193 | -€815 | -27.1% |
| Profit (loss) for the period before taxes | 9903 | €6,077 | €7,973 | +€1,896 | +31.2% |
| Income taxes | 67/77 | €5,085 | €4,442 | -€643 | -12.6% |
| Profit (loss) for the period | 9904 | €992 | €3,530 | +€2,539 | +256% |
| Profit (loss) for the period to be appropriated | 9905 | €992 | €3,530 | +€2,539 | +256% |
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 15 October 2026 via checked.be.