FIDUCIA: 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.
FIDUCIA
Largest movements
- Receivables within one year +€7,437
up €7,437 (+25.0%), from €29,755 to €37,192
- Cash -€3,622
down €3,622 (-8.0%), from €45,154 to €41,532
mainly Receivables within one year (-€7,437)
- Profit (loss) carried forward +€3,234
up €3,234 (+5.4%), from -€60,258 to -€57,024
- Gross operating margin -€1,975
down €1,975 (-27.7%), from €7,123 to €5,148
- Taxes +€581
up €581 (+97.5%), from €596 to €1,177
- Financial income +€418
up €418 (+29.9%), from €1,396 to €1,814
- Depreciation -€384
no longer reported in 2026 (was €384)
- Other operating charges -€247
down €247 (-10.5%), from €2,351 to €2,104
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €112,810 | €116,625 | +€3,815 | +3.4% |
| Fixed assets | 21/28 | €37,901 | €37,901 | = | 0.0% |
| Tangible fixed assets | 22/27 | €37,901 | €37,901 | = | 0.0% |
| Land and buildings | 22 | €37,901 | €37,901 | = | 0.0% |
| Current assets | 29/58 | €74,909 | €78,724 | +€3,815 | +5.1% |
| Amounts receivable within one year | 40/41 | €29,755 | €37,192 | +€7,437 | +25.0% |
| Other amounts receivable | 41 | €29,755 | €37,192 | +€7,437 | +25.0% |
| Cash at bank and in hand | 54/58 | €45,154 | €41,532 | -€3,622 | -8.0% |
| Total equity and liabilities | 10/49 | €112,810 | €116,625 | +€3,815 | +3.4% |
| Equity | 10/15 | €112,214 | €115,448 | +€3,234 | +2.9% |
| Contributions | 10/11 | €68,171 | €68,171 | = | 0.0% |
| Reserves | 13 | €104,301 | €104,301 | = | 0.0% |
| Distributable reserves | 133 | €104,301 | €104,301 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€60,258 | -€57,024 | +€3,234 | +5.4% |
| Amounts payable | 17/49 | €596 | €1,177 | +€581 | +97.5% |
| Amounts payable within one year | 42/48 | €596 | €1,177 | +€581 | +97.5% |
| Taxes, remuneration and social security | 45 | €596 | €1,177 | +€581 | +97.5% |
| Taxes | 450/3 | €596 | €1,177 | +€581 | +97.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €384 | - | -€384 | |
| Other operating charges | 640/8 | €2,351 | €2,104 | -€247 | -10.5% |
| Gross operating margin | 9900 | €7,123 | €5,148 | -€1,975 | -27.7% |
| Operating profit (loss) | 9901 | €4,388 | €3,044 | -€1,344 | -30.6% |
| Financial income | 75/76B | €1,396 | €1,814 | +€418 | +29.9% |
| Recurring financial income | 75 | €1,396 | €1,814 | +€418 | +29.9% |
| Financial charges | 65/66B | €234 | €447 | +€213 | +91.0% |
| Recurring financial charges | 65 | €234 | €447 | +€213 | +91.0% |
| Profit (loss) for the period before taxes | 9903 | €5,550 | €4,411 | -€1,139 | -20.5% |
| Income taxes | 67/77 | €596 | €1,177 | +€581 | +97.5% |
| Profit (loss) for the period | 9904 | €4,954 | €3,234 | -€1,720 | -34.7% |
| Profit (loss) for the period to be appropriated | 9905 | €4,954 | €3,234 | -€1,720 | -34.7% |
Source: filed annual accounts (NBB), financial years ended 30 June 2025 and 30 June 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 18 October 2026 via checked.be.