FIDUCG: 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.
FIDUCG
Largest movements
- Intangible fixed assets -€89,964
down €89,964 (-20.0%), from €450,486 to €360,522
- Tangible fixed assets -€31,641
down €31,641 (-4.6%), from €690,819 to €659,178
of which Land and buildings: -€29,123
- Receivables within one year +€23,322
up €23,322 (+22.7%), from €102,823 to €126,145
of which Trade receivables: +€22,836
- Debts after one year -€92,561
down €92,561 (-10.6%), from €872,076 to €779,515
- Profit (loss) carried forward +€55,139
up €55,139 (+94.8%), from €58,173 to €113,313
- Other debts -€39,613
down €39,613 (-20.5%), from €192,975 to €153,363
- Trade debts -€15,112
down €15,112 (-62.6%), from €24,122 to €9,011
- Gross operating margin +€46,153
up €46,153 (+13.9%), from €332,602 to €378,754
- Taxes +€6,238
up €6,238 (+62.6%), from €9,968 to €16,206
- Depreciation +€5,470
up €5,470 (+4.2%), from €130,395 to €135,865
- Staff costs +€4,353
up €4,353 (+3.4%), from €127,032 to €131,385
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 | €1,292,196 | €1,196,705 | -€95,491 | -7.4% |
| Fixed assets | 21/28 | €1,141,306 | €1,019,700 | -€121,605 | -10.7% |
| Intangible fixed assets | 21 | €450,486 | €360,522 | -€89,964 | -20.0% |
| Tangible fixed assets | 22/27 | €690,819 | €659,178 | -€31,641 | -4.6% |
| Land and buildings | 22 | €620,304 | €591,181 | -€29,123 | -4.7% |
| Plant, machinery and equipment | 23 | €63,705 | €56,333 | -€7,372 | -11.6% |
| Furniture and vehicles | 24 | €6,811 | €11,664 | +€4,854 | +71.3% |
| Current assets | 29/58 | €150,891 | €177,005 | +€26,114 | +17.3% |
| Amounts receivable within one year | 40/41 | €102,823 | €126,145 | +€23,322 | +22.7% |
| Trade receivables | 40 | €102,823 | €125,659 | +€22,836 | +22.2% |
| Other amounts receivable | 41 | €0 | €486 | +€486 | |
| Cash at bank and in hand | 54/58 | €44,563 | €45,040 | +€477 | +1.1% |
| Deferred charges and accrued income | 490/1 | €3,505 | €5,820 | +€2,315 | +66.0% |
| Total equity and liabilities | 10/49 | €1,292,196 | €1,196,705 | -€95,491 | -7.4% |
| Equity | 10/15 | €63,173 | €118,313 | +€55,139 | +87.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €58,173 | €113,313 | +€55,139 | +94.8% |
| Amounts payable | 17/49 | €1,229,023 | €1,078,392 | -€150,631 | -12.3% |
| Amounts payable after more than one year | 17 | €872,076 | €779,515 | -€92,561 | -10.6% |
| Financial debts | 170/4 | €872,076 | €779,515 | -€92,561 | -10.6% |
| Amounts payable within one year | 42/48 | €355,844 | €298,870 | -€56,975 | -16.0% |
| Current portion of amounts payable after more than one year | 42 | €87,744 | €92,561 | +€4,817 | +5.5% |
| Trade debts | 44 | €24,122 | €9,011 | -€15,112 | -62.6% |
| Suppliers | 440/4 | €24,122 | €9,011 | -€15,112 | -62.6% |
| Taxes, remuneration and social security | 45 | €51,003 | €43,935 | -€7,068 | -13.9% |
| Taxes | 450/3 | €37,132 | €28,613 | -€8,518 | -22.9% |
| Remuneration and social security | 454/9 | €13,871 | €15,321 | +€1,450 | +10.5% |
| Other amounts payable | 47/48 | €192,975 | €153,363 | -€39,613 | -20.5% |
| Accrued charges and deferred income | 492/3 | €1,103 | €8 | -€1,095 | -99.3% |
| Turnover | 70 | - | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €0 | = | |
| Remuneration, social security and pensions | 62 | €127,032 | €131,385 | +€4,353 | +3.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €130,395 | €135,865 | +€5,470 | +4.2% |
| Other operating charges | 640/8 | €4,291 | €5,278 | +€987 | +23.0% |
| Gross operating margin | 9900 | €332,602 | €378,754 | +€46,153 | +13.9% |
| Operating profit (loss) | 9901 | €70,884 | €106,226 | +€35,342 | +49.9% |
| Financial income | 75/76B | €58 | €20 | -€38 | -65.4% |
| Recurring financial income | 75 | €58 | €20 | -€38 | -65.4% |
| Financial charges | 65/66B | €33,007 | €34,900 | +€1,893 | +5.7% |
| Recurring financial charges | 65 | €33,007 | €34,900 | +€1,893 | +5.7% |
| Profit (loss) for the period before taxes | 9903 | €37,934 | €71,346 | +€33,411 | +88.1% |
| Income taxes | 67/77 | €9,968 | €16,206 | +€6,238 | +62.6% |
| Profit (loss) for the period | 9904 | €27,966 | €55,139 | +€27,173 | +97.2% |
| Profit (loss) for the period to be appropriated | 9905 | €27,966 | €55,139 | +€27,173 | +97.2% |
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 16 October 2026 via checked.be.