FIDUBO: what changed
Two fiscal 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.
FIDUBO
Largest movements
- Receivables within one year +€17,254
up €17,254 (+4.7%), from €365,881 to €383,136
of which Other amounts receivable: +€56,786
- Other debts +€8,304
new in 2025: €8,304
- Profit (loss) carried forward +€7,074
up €7,074 (+15.5%), from -€45,511 to -€38,438
- Write-downs +€21,031
up €21,031 (+2071.5%), from €1,015 to €22,047
- Gross operating margin -€20,481
down €20,481 (-39.1%), from €52,445 to €31,964
- Financial income -€3,783
down €3,783 (-75.5%), from €5,009 to €1,226
- Depreciation -€838
down €838 (-20.6%), from €4,061 to €3,222
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.
Cash bridge derived
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 | €385,257 | €397,507 | +€12,250 | +3.2% |
| Fixed assets | 21/28 | €11,005 | €7,783 | -€3,222 | -29.3% |
| Tangible fixed assets | 22/27 | €11,005 | €7,783 | -€3,222 | -29.3% |
| Land and buildings | 22 | €5,189 | €4,589 | -€600 | -11.6% |
| Plant, machinery and equipment | 23 | €4,263 | €2,132 | -€2,132 | -50.0% |
| Furniture and vehicles | 24 | €1,553 | €1,062 | -€491 | -31.6% |
| Current assets | 29/58 | €374,252 | €389,725 | +€15,472 | +4.1% |
| Amounts receivable within one year | 40/41 | €365,881 | €383,136 | +€17,254 | +4.7% |
| Trade receivables | 40 | €174,867 | €135,335 | -€39,532 | -22.6% |
| Other amounts receivable | 41 | €191,015 | €247,801 | +€56,786 | +29.7% |
| Cash at bank and in hand | 54/58 | €7,911 | €6,109 | -€1,802 | -22.8% |
| Deferred charges and accrued income | 490/1 | €460 | €480 | +€20 | +4.3% |
| Total equity and liabilities | 10/49 | €385,257 | €397,507 | +€12,250 | +3.2% |
| Equity | 10/15 | €285,261 | €292,335 | +€7,074 | +2.5% |
| Contributions | 10/11 | €20,460 | €20,460 | = | 0.0% |
| Reserves | 13 | €310,312 | €310,312 | = | 0.0% |
| Tax-exempt reserves | 132 | €11,503 | €11,503 | = | 0.0% |
| Distributable reserves | 133 | €298,809 | €298,809 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€45,511 | -€38,438 | +€7,074 | +15.5% |
| Provisions and deferred taxes | 16 | €99,144 | €96,357 | -€2,787 | -2.8% |
| Provisions for liabilities and charges | 160/5 | €99,144 | €96,357 | -€2,787 | -2.8% |
| Other liabilities and charges | 164/5 | €99,144 | €96,357 | -€2,787 | -2.8% |
| Amounts payable | 17/49 | €852 | €8,816 | +€7,964 | +934.3% |
| Amounts payable within one year | 42/48 | €852 | €8,816 | +€7,964 | +934.3% |
| Trade debts | 44 | €852 | €508 | -€345 | -40.5% |
| Suppliers | 440/4 | €852 | €508 | -€345 | -40.5% |
| Taxes, remuneration and social security | 45 | - | €5 | +€5 | |
| Taxes | 450/3 | - | €5 | +€5 | |
| Other amounts payable | 47/48 | - | €8,304 | +€8,304 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,061 | €3,222 | -€838 | -20.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,015 | €22,047 | +€21,031 | +2071.5% |
| Other operating charges | 640/8 | €141 | €557 | +€416 | +296.2% |
| Gross operating margin | 9900 | €52,445 | €31,964 | -€20,481 | -39.1% |
| Operating profit (loss) | 9901 | €47,229 | €6,139 | -€41,090 | -87.0% |
| Financial income | 75/76B | €5,009 | €1,226 | -€3,783 | -75.5% |
| Recurring financial income | 75 | €5,009 | €1,226 | -€3,783 | -75.5% |
| Financial charges | 65/66B | €292 | €291 | -€0 | -0.1% |
| Recurring financial charges | 65 | €292 | €291 | -€0 | -0.1% |
| Profit (loss) for the period before taxes | 9903 | €51,946 | €7,074 | -€44,873 | -86.4% |
| Income taxes | 67/77 | €184 | - | -€184 | |
| Profit (loss) for the period | 9904 | €51,762 | €7,074 | -€44,689 | -86.3% |
| Profit (loss) for the period to be appropriated | 9905 | €51,762 | €7,074 | -€44,689 | -86.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.