FIDUCIA CONCEPTS: 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 CONCEPTS
Largest movements
- Tangible fixed assets -€49,938
down €49,938 (-5.1%), from €971,628 to €921,690
of which Land and buildings: -€48,366
- Other debts -€29,271
down €29,271 (-13.0%), from €224,306 to €195,035
- Tax, wage and social debts +€19,063
up €19,063 (+216%), from €8,825 to €27,889
- Debts after one year -€17,433
down €17,433 (-22.3%), from €78,236 to €60,803
- Provisions -€15,915
down €15,915 (-9.6%), from €165,653 to €149,738
- Reserves -€11,220
down €11,220 (-2.1%), from €538,871 to €527,651
of which Tax-exempt reserves: -€47,746
- Gross operating margin -€16,881
down €16,881 (-24.0%), from €70,369 to €53,488
- Taxes +€16,232
up €16,232 (+328%), from €4,954 to €21,187
- Other operating charges -€1,755
down €1,755 (-26.5%), from €6,633 to €4,878
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 | €1,068,095 | €1,009,449 | -€58,646 | -5.5% |
| Fixed assets | 21/28 | €1,036,628 | €986,690 | -€49,938 | -4.8% |
| Tangible fixed assets | 22/27 | €971,628 | €921,690 | -€49,938 | -5.1% |
| Land and buildings | 22 | €970,056 | €921,690 | -€48,366 | -5.0% |
| Furniture and vehicles | 24 | €1,572 | - | -€1,572 | |
| Financial fixed assets | 28 | €65,000 | €65,000 | = | 0.0% |
| Current assets | 29/58 | €31,467 | €22,759 | -€8,708 | -27.7% |
| Amounts receivable within one year | 40/41 | €8,101 | €2,327 | -€5,774 | -71.3% |
| Trade receivables | 40 | €6,287 | €954 | -€5,333 | -84.8% |
| Other amounts receivable | 41 | €1,814 | €1,372 | -€441 | -24.3% |
| Cash at bank and in hand | 54/58 | €23,366 | €20,432 | -€2,934 | -12.6% |
| Total equity and liabilities | 10/49 | €1,068,095 | €1,009,449 | -€58,646 | -5.5% |
| Equity | 10/15 | €555,172 | €546,251 | -€8,921 | -1.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €538,871 | €527,651 | -€11,220 | -2.1% |
| Tax-exempt reserves | 132 | €496,959 | €449,213 | -€47,746 | -9.6% |
| Distributable reserves | 133 | €41,913 | €78,439 | +€36,526 | +87.1% |
| Profit (loss) carried forward | 14 | -€2,299 | - | +€2,299 | |
| Provisions and deferred taxes | 16 | €165,653 | €149,738 | -€15,915 | -9.6% |
| Deferred taxes | 168 | €165,653 | €149,738 | -€15,915 | -9.6% |
| Amounts payable | 17/49 | €347,270 | €313,460 | -€33,810 | -9.7% |
| Amounts payable after more than one year | 17 | €78,236 | €60,803 | -€17,433 | -22.3% |
| Financial debts | 170/4 | €78,236 | €60,803 | -€17,433 | -22.3% |
| Amounts payable within one year | 42/48 | €269,033 | €252,657 | -€16,376 | -6.1% |
| Current portion of amounts payable after more than one year | 42 | €21,058 | €17,433 | -€3,624 | -17.2% |
| Trade debts | 44 | €14,845 | €12,300 | -€2,545 | -17.1% |
| Suppliers | 440/4 | €14,845 | €12,300 | -€2,545 | -17.1% |
| Taxes, remuneration and social security | 45 | €8,825 | €27,889 | +€19,063 | +216% |
| Taxes | 450/3 | €8,825 | €27,889 | +€19,063 | +216% |
| Other amounts payable | 47/48 | €224,306 | €195,035 | -€29,271 | -13.0% |
| Non-recurring operating income | 76A | - | €5,000 | +€5,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,447 | €49,938 | +€491 | +1.0% |
| Other operating charges | 640/8 | €6,633 | €4,878 | -€1,755 | -26.5% |
| Gross operating margin | 9900 | €70,369 | €53,488 | -€16,881 | -24.0% |
| Operating profit (loss) | 9901 | €14,289 | -€1,328 | -€15,617 | |
| Financial income | 75/76B | €0 | €73 | +€73 | +727,000% |
| Recurring financial income | 75 | €0 | €73 | +€73 | +727,000% |
| Financial charges | 65/66B | €1,880 | €2,394 | +€514 | +27.4% |
| Recurring financial charges | 65 | €1,880 | €2,394 | +€514 | +27.4% |
| Profit (loss) for the period before taxes | 9903 | €12,410 | -€3,649 | -€16,059 | |
| Transfer from deferred taxes | 780 | €15,915 | €15,915 | = | 0.0% |
| Income taxes | 67/77 | €4,954 | €21,187 | +€16,232 | +328% |
| Profit (loss) for the period | 9904 | €23,371 | -€8,921 | -€32,291 | |
| Transfer from tax-exempt reserves | 789 | €47,746 | €47,746 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €71,117 | €38,826 | -€32,291 | -45.4% |
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 28 October 2026 via checked.be.