FIDU-MA: 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-MA
Largest movements
- Cash +€18,441
up €18,441 (+10.3%), from €178,726 to €197,168
mainly Other debts (+€257,846) and Net result for the year (+€106,508)
- Receivables within one year +€14,195
up €14,195 (+19.9%), from €71,448 to €85,643
of which Trade receivables: +€13,179
- Tangible fixed assets +€4,437
up €4,437 (+22.8%), from €19,441 to €23,879
of which Furniture and vehicles: +€6,045
- Other debts +€257,846
up €257,846 (+1,818%), from €14,183 to €272,030
- Profit (loss) carried forward -€205,492
down €205,492 (-99.7%), from €206,051 to €560
- Tax, wage and social debts -€15,333
down €15,333 (-35.5%), from €43,168 to €27,836
- Gross operating margin +€32,861
up €32,861 (+27.4%), from €120,111 to €152,972
- Taxes +€7,218
up €7,218 (+23.2%), from €31,086 to €38,305
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 | €270,349 | €309,490 | +€39,140 | +14.5% |
| Fixed assets | 21/28 | €19,441 | €25,279 | +€5,837 | +30.0% |
| Tangible fixed assets | 22/27 | €19,441 | €23,879 | +€4,437 | +22.8% |
| Land and buildings | 22 | €10,493 | €9,094 | -€1,399 | -13.3% |
| Plant, machinery and equipment | 23 | €285 | €77 | -€209 | -73.2% |
| Furniture and vehicles | 24 | €8,663 | €14,708 | +€6,045 | +69.8% |
| Financial fixed assets | 28 | - | €1,400 | +€1,400 | |
| Current assets | 29/58 | €250,908 | €284,211 | +€33,303 | +13.3% |
| Amounts receivable within one year | 40/41 | €71,448 | €85,643 | +€14,195 | +19.9% |
| Trade receivables | 40 | €71,381 | €84,561 | +€13,179 | +18.5% |
| Other amounts receivable | 41 | €67 | €1,082 | +€1,016 | +1,525% |
| Cash at bank and in hand | 54/58 | €178,726 | €197,168 | +€18,441 | +10.3% |
| Deferred charges and accrued income | 490/1 | €734 | €1,401 | +€667 | +90.8% |
| Total equity and liabilities | 10/49 | €270,349 | €309,490 | +€39,140 | +14.5% |
| Equity | 10/15 | €208,051 | €2,560 | -€205,492 | -98.8% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €206,051 | €560 | -€205,492 | -99.7% |
| Amounts payable | 17/49 | €62,298 | €306,930 | +€244,632 | +393% |
| Amounts payable within one year | 42/48 | €61,298 | €306,930 | +€245,632 | +401% |
| Financial debts | 43 | €36 | €763 | +€727 | +2,024% |
| Credit institutions | 430/8 | - | €763 | +€763 | |
| Other loans | 439 | €36 | - | -€36 | |
| Trade debts | 44 | €3,911 | €6,302 | +€2,392 | +61.2% |
| Suppliers | 440/4 | €3,911 | €6,302 | +€2,392 | +61.2% |
| Taxes, remuneration and social security | 45 | €43,168 | €27,836 | -€15,333 | -35.5% |
| Taxes | 450/3 | €43,168 | €27,836 | -€15,333 | -35.5% |
| Other amounts payable | 47/48 | €14,183 | €272,030 | +€257,846 | +1,818% |
| Accrued charges and deferred income | 492/3 | €1,000 | - | -€1,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,639 | €5,143 | +€1,503 | +41.3% |
| Other operating charges | 640/8 | €252 | €985 | +€732 | +290% |
| Gross operating margin | 9900 | €120,111 | €152,972 | +€32,861 | +27.4% |
| Operating profit (loss) | 9901 | €116,219 | €146,845 | +€30,626 | +26.4% |
| Financial income | 75/76B | €1,286 | €1,434 | +€148 | +11.5% |
| Recurring financial income | 75 | €1,286 | €1,434 | +€148 | +11.5% |
| Financial charges | 65/66B | €3,374 | €3,466 | +€92 | +2.7% |
| Recurring financial charges | 65 | €3,374 | €3,466 | +€92 | +2.7% |
| Profit (loss) for the period before taxes | 9903 | €114,131 | €144,813 | +€30,682 | +26.9% |
| Income taxes | 67/77 | €31,086 | €38,305 | +€7,218 | +23.2% |
| Profit (loss) for the period | 9904 | €83,045 | €106,508 | +€23,463 | +28.3% |
| Profit (loss) for the period to be appropriated | 9905 | €83,045 | €106,508 | +€23,463 | +28.3% |
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 21 October 2026 via checked.be.