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 -€14,745
down €14,745 (-31.2%), from €47,238 to €32,492
of which Other amounts receivable: -€19,075
- Cash +€3,539
up €3,539 (+10.9%), from €32,572 to €36,111
mainly Receivables within one year (+€14,745) and Net result for the year (+€14,344)
- Tangible fixed assets -€1,478
down €1,478 (-41.7%), from €3,545 to €2,068
- Other debts -€24,000
no longer reported in 2025 (was €24,000)
- Profit (loss) carried forward +€14,344
up €14,344 (+30.7%), from €46,653 to €60,998
- Trade debts -€3,462
down €3,462 (-74.6%), from €4,642 to €1,180
- Gross operating margin +€10,844
up €10,844 (+130%), from €8,336 to €19,180
- Taxes -€1,326
down €1,326 (-50.2%), from €2,642 to €1,316
- Other operating charges +€451
up €451 (+29.7%), from €1,516 to €1,967
- Depreciation +€212
up €212 (+16.8%), from €1,265 to €1,478
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 | €83,355 | €70,671 | -€12,685 | -15.2% |
| Fixed assets | 21/28 | €3,545 | €2,068 | -€1,478 | -41.7% |
| Tangible fixed assets | 22/27 | €3,545 | €2,068 | -€1,478 | -41.7% |
| Plant, machinery and equipment | 23 | €3,545 | €2,068 | -€1,478 | -41.7% |
| Current assets | 29/58 | €79,810 | €68,603 | -€11,207 | -14.0% |
| Amounts receivable within one year | 40/41 | €47,238 | €32,492 | -€14,745 | -31.2% |
| Trade receivables | 40 | €1,765 | €6,094 | +€4,329 | +245% |
| Other amounts receivable | 41 | €45,473 | €26,398 | -€19,075 | -41.9% |
| Cash at bank and in hand | 54/58 | €32,572 | €36,111 | +€3,539 | +10.9% |
| Total equity and liabilities | 10/49 | €83,355 | €70,671 | -€12,685 | -15.2% |
| Equity | 10/15 | €54,713 | €69,058 | +€14,344 | +26.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Contributions outside capital | 11 | €6,200 | €6,200 | = | 0.0% |
| Other | 1109/19 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | €46,653 | €60,998 | +€14,344 | +30.7% |
| Amounts payable | 17/49 | €28,642 | €1,613 | -€27,029 | -94.4% |
| Amounts payable within one year | 42/48 | €28,642 | €1,613 | -€27,029 | -94.4% |
| Trade debts | 44 | €4,642 | €1,180 | -€3,462 | -74.6% |
| Suppliers | 440/4 | €4,642 | €1,180 | -€3,462 | -74.6% |
| Taxes, remuneration and social security | 45 | - | €433 | +€433 | |
| Taxes | 450/3 | - | €433 | +€433 | |
| Other amounts payable | 47/48 | €24,000 | - | -€24,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,265 | €1,478 | +€212 | +16.8% |
| Other operating charges | 640/8 | €1,516 | €1,967 | +€451 | +29.7% |
| Gross operating margin | 9900 | €8,336 | €19,180 | +€10,844 | +130% |
| Operating profit (loss) | 9901 | €5,554 | €15,735 | +€10,181 | +183% |
| Financial charges | 65/66B | €183 | €75 | -€109 | -59.4% |
| Recurring financial charges | 65 | €183 | €75 | -€109 | -59.4% |
| Profit (loss) for the period before taxes | 9903 | €5,371 | €15,661 | +€10,290 | +192% |
| Income taxes | 67/77 | €2,642 | €1,316 | -€1,326 | -50.2% |
| Profit (loss) for the period | 9904 | €2,729 | €14,344 | +€11,616 | +426% |
| Profit (loss) for the period to be appropriated | 9905 | €2,729 | €14,344 | +€11,616 | +426% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.