FIDUCIT: 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.
FIDUCIT
Largest movements
- Receivables within one year +€9,286
up €9,286 (+16.1%), from €57,724 to €67,010
of which Other amounts receivable: +€4,848
- Cash +€8,070
up €8,070 (+32.7%), from €24,671 to €32,741
mainly Net result for the year (+€49,640) and Other debts (+€11,000)
- Other debts +€11,000
up €11,000 (+28.9%), from €38,000 to €49,000
- Tax, wage and social debts +€6,957
up €6,957 (+15.7%), from €44,433 to €51,390
of which Taxes: +€6,957
- Gross operating margin +€13,623
up €13,623 (+26.4%), from €51,514 to €65,138
- Taxes +€3,017
up €3,017 (+23.0%), from €13,108 to €16,124
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.
Cash bridge derived
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 | €127,011 | €144,337 | +€17,326 | +13.6% |
| Fixed assets | 21/28 | €1,185 | €508 | -€677 | -57.1% |
| Tangible fixed assets | 22/27 | €1,185 | €508 | -€677 | -57.1% |
| Plant, machinery and equipment | 23 | €842 | €418 | -€424 | -50.3% |
| Furniture and vehicles | 24 | €343 | €90 | -€253 | -73.9% |
| Current assets | 29/58 | €125,826 | €143,829 | +€18,003 | +14.3% |
| Amounts receivable after more than one year | 29 | €41,405 | €42,043 | +€638 | +1.5% |
| Trade receivables | 290 | €41,405 | €42,043 | +€638 | +1.5% |
| Amounts receivable within one year | 40/41 | €57,724 | €67,010 | +€9,286 | +16.1% |
| Trade receivables | 40 | €21,978 | €26,417 | +€4,439 | +20.2% |
| Other amounts receivable | 41 | €35,746 | €40,594 | +€4,848 | +13.6% |
| Cash at bank and in hand | 54/58 | €24,671 | €32,741 | +€8,070 | +32.7% |
| Deferred charges and accrued income | 490/1 | €2,026 | €2,034 | +€9 | +0.4% |
| Total equity and liabilities | 10/49 | €127,011 | €144,337 | +€17,326 | +13.6% |
| Equity | 10/15 | €32,210 | €32,850 | +€640 | +2.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €7,660 | €7,660 | = | 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% |
| Distributable reserves | 133 | €5,800 | €5,800 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,950 | €6,590 | +€640 | +10.8% |
| Amounts payable | 17/49 | €94,801 | €111,487 | +€16,686 | +17.6% |
| Amounts payable within one year | 42/48 | €94,801 | €111,487 | +€16,686 | +17.6% |
| Trade debts | 44 | €12,368 | €11,097 | -€1,271 | -10.3% |
| Suppliers | 440/4 | €12,368 | €11,097 | -€1,271 | -10.3% |
| Taxes, remuneration and social security | 45 | €44,433 | €51,390 | +€6,957 | +15.7% |
| Taxes | 450/3 | €40,098 | €47,055 | +€6,957 | +17.4% |
| Remuneration and social security | 454/9 | €4,335 | €4,335 | = | 0.0% |
| Other amounts payable | 47/48 | €38,000 | €49,000 | +€11,000 | +28.9% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €678 | €677 | -€1 | -0.1% |
| Other operating charges | 640/8 | €1,024 | €1,013 | -€11 | -1.1% |
| Gross operating margin | 9900 | €51,514 | €65,138 | +€13,623 | +26.4% |
| Operating profit (loss) | 9901 | €49,812 | €63,447 | +€13,635 | +27.4% |
| Financial income | 75/76B | €2,836 | €2,705 | -€130 | -4.6% |
| Recurring financial income | 75 | €2,836 | €2,705 | -€130 | -4.6% |
| Financial charges | 65/66B | €607 | €389 | -€218 | -36.0% |
| Recurring financial charges | 65 | €607 | €389 | -€218 | -36.0% |
| Profit (loss) for the period before taxes | 9903 | €52,041 | €65,764 | +€13,723 | +26.4% |
| Income taxes | 67/77 | €13,108 | €16,124 | +€3,017 | +23.0% |
| Profit (loss) for the period | 9904 | €38,933 | €49,640 | +€10,707 | +27.5% |
| Profit (loss) for the period to be appropriated | 9905 | €38,933 | €49,640 | +€10,707 | +27.5% |
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 11 October 2026 via checked.be.