FIDUCIAS: 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.
FIDUCIAS
Largest movements
- Current investments -€350,000
no longer reported in 2024 (was €350,000)
- Intangible fixed assets -€154,000
down €154,000 (-14.9%), from €1.0m to €882,259
- Cash +€137,622
up €137,622 (+239%), from €57,567 to €195,189
mainly Current investments (+€350,000) and Depreciation (+€184,452)
- Receivables within one year +€54,149
up €54,149 (+27.8%), from €194,475 to €248,623
of which Other amounts receivable: +€27,614
- Tangible fixed assets -€28,868
down €28,868 (-39.6%), from €72,871 to €44,003
of which Furniture and vehicles: -€26,296
- Reserves -€483,103
no longer reported in 2024 (was €483,103)
- Other debts +€169,176
new in 2024: €169,176
- Debts after one year -€125,932
down €125,932 (-18.7%), from €674,843 to €548,911
- Tax, wage and social debts +€77,420
up €77,420 (+244%), from €31,792 to €109,212
of which Taxes: +€72,787
- Trade debts +€22,374
new in 2024: €22,374
- Staff costs +€23,348
up €23,348 (+11.1%), from €210,357 to €233,705
- Gross operating margin -€18,852
down €18,852 (-2.8%), from €668,587 to €649,735
- Depreciation -€11,534
down €11,534 (-5.9%), from €195,986 to €184,452
- Other operating charges -€10,842
down €10,842 (-57.5%), from €18,856 to €8,014
- Financial income +€8,069
up €8,069 (+116%), from €6,982 to €15,051
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,828,146 | €1,488,654 | -€339,492 | -18.6% |
| Fixed assets | 21/28 | €1,109,129 | €926,261 | -€182,868 | -16.5% |
| Intangible fixed assets | 21 | €1,036,259 | €882,259 | -€154,000 | -14.9% |
| Tangible fixed assets | 22/27 | €72,871 | €44,003 | -€28,868 | -39.6% |
| Land and buildings | 22 | €6,950 | €4,378 | -€2,572 | -37.0% |
| Furniture and vehicles | 24 | €65,920 | €39,624 | -€26,296 | -39.9% |
| Current assets | 29/58 | €719,017 | €562,393 | -€156,624 | -21.8% |
| Amounts receivable after more than one year | 29 | €110,000 | €110,000 | = | 0.0% |
| Other amounts receivable | 291 | €110,000 | €110,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €194,475 | €248,623 | +€54,149 | +27.8% |
| Trade receivables | 40 | €99,573 | €126,108 | +€26,535 | +26.6% |
| Other amounts receivable | 41 | €94,901 | €122,515 | +€27,614 | +29.1% |
| Current investments | 50/53 | €350,000 | - | -€350,000 | |
| Cash at bank and in hand | 54/58 | €57,567 | €195,189 | +€137,622 | +239% |
| Deferred charges and accrued income | 490/1 | €6,975 | €8,580 | +€1,605 | +23.0% |
| Total equity and liabilities | 10/49 | €1,828,146 | €1,488,654 | -€339,492 | -18.6% |
| Equity | 10/15 | €986,103 | €503,000 | -€483,103 | -49.0% |
| Contributions | 10/11 | €503,000 | €503,000 | = | 0.0% |
| Reserves | 13 | €483,103 | - | -€483,103 | |
| Distributable reserves | 133 | €483,103 | - | -€483,103 | |
| Amounts payable | 17/49 | €842,043 | €985,654 | +€143,611 | +17.1% |
| Amounts payable after more than one year | 17 | €674,843 | €548,911 | -€125,932 | -18.7% |
| Financial debts | 170/4 | €674,843 | €548,911 | -€125,932 | -18.7% |
| Amounts payable within one year | 42/48 | €157,361 | €426,905 | +€269,544 | +171% |
| Current portion of amounts payable after more than one year | 42 | €125,570 | €126,143 | +€574 | +0.5% |
| Trade debts | 44 | - | €22,374 | +€22,374 | |
| Suppliers | 440/4 | - | €22,374 | +€22,374 | |
| Taxes, remuneration and social security | 45 | €31,792 | €109,212 | +€77,420 | +244% |
| Taxes | 450/3 | €6,502 | €79,289 | +€72,787 | +1,119% |
| Remuneration and social security | 454/9 | €25,289 | €29,923 | +€4,634 | +18.3% |
| Other amounts payable | 47/48 | - | €169,176 | +€169,176 | |
| Accrued charges and deferred income | 492/3 | €9,838 | €9,838 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €210,357 | €233,705 | +€23,348 | +11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €195,986 | €184,452 | -€11,534 | -5.9% |
| Other operating charges | 640/8 | €18,856 | €8,014 | -€10,842 | -57.5% |
| Gross operating margin | 9900 | €668,587 | €649,735 | -€18,852 | -2.8% |
| Operating profit (loss) | 9901 | €243,388 | €223,565 | -€19,823 | -8.1% |
| Financial income | 75/76B | €6,982 | €15,051 | +€8,069 | +116% |
| Recurring financial income | 75 | €6,982 | €15,051 | +€8,069 | +116% |
| Financial charges | 65/66B | €13,862 | €14,740 | +€878 | +6.3% |
| Recurring financial charges | 65 | €13,862 | €14,740 | +€878 | +6.3% |
| Profit (loss) for the period before taxes | 9903 | €236,508 | €223,877 | -€12,631 | -5.3% |
| Income taxes | 67/77 | €58,236 | €54,700 | -€3,536 | -6.1% |
| Profit (loss) for the period | 9904 | €178,271 | €169,176 | -€9,095 | -5.1% |
| Profit (loss) for the period to be appropriated | 9905 | €178,271 | €169,176 | -€9,095 | -5.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.