FIDUCO: what changed
Two fiscal 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.
FIDUCO
Largest movements
- Tangible fixed assets -€82,436
down €82,436 (-9.3%), from €889,866 to €807,430
of which Land and buildings: -€81,776
- Debts after one year -€78,739
down €78,739 (-13.0%), from €606,854 to €528,116
of which Financial debts: -€81,939
- Other debts +€37,589
up €37,589 (+23.6%), from €159,115 to €196,704
- Trade debts -€28,879
down €28,879 (-94.2%), from €30,643 to €1,763
- Reserves -€25,033
down €25,033 (-48.0%), from €52,187 to €27,153
of which Distributable reserves: -€25,033
- Gross operating margin +€16,093
up €16,093 (+23.7%), from €67,765 to €83,858
- Other operating charges +€10,994
up €10,994 (+1641.4%), from €670 to €11,664
- Financial charges -€1,678
down €1,678 (-10.2%), from €16,510 to €14,831
- Depreciation +€1,548
up €1,548 (+1.9%), from €80,888 to €82,436
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 | €936,026 | €841,474 | -€94,552 | -10.1% |
| Fixed assets | 21/28 | €889,866 | €807,430 | -€82,436 | -9.3% |
| Tangible fixed assets | 22/27 | €889,866 | €807,430 | -€82,436 | -9.3% |
| Land and buildings | 22 | €884,587 | €802,811 | -€81,776 | -9.2% |
| Furniture and vehicles | 24 | €5,279 | €4,619 | -€660 | -12.5% |
| Current assets | 29/58 | €46,160 | €34,044 | -€12,116 | -26.2% |
| Amounts receivable within one year | 40/41 | €38,856 | €31,633 | -€7,224 | -18.6% |
| Trade receivables | 40 | €38,856 | €31,633 | -€7,224 | -18.6% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €6,364 | €2,190 | -€4,174 | -65.6% |
| Deferred charges and accrued income | 490/1 | €939 | €221 | -€719 | -76.5% |
| Total equity and liabilities | 10/49 | €936,026 | €841,474 | -€94,552 | -10.1% |
| Equity | 10/15 | €53,696 | €28,663 | -€25,033 | -46.6% |
| Contributions | 10/11 | €1,510 | €1,510 | = | 0.0% |
| Reserves | 13 | €52,187 | €27,153 | -€25,033 | -48.0% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Distributable reserves | 133 | €52,187 | €27,153 | -€25,033 | -48.0% |
| Amounts payable | 17/49 | €882,330 | €812,811 | -€69,519 | -7.9% |
| Amounts payable after more than one year | 17 | €606,854 | €528,116 | -€78,739 | -13.0% |
| Financial debts | 170/4 | €605,554 | €523,616 | -€81,939 | -13.5% |
| Other amounts payable | 178/9 | €1,300 | €4,500 | +€3,200 | +246.2% |
| Amounts payable within one year | 42/48 | €274,160 | €281,724 | +€7,565 | +2.8% |
| Current portion of amounts payable after more than one year | 42 | €80,853 | €81,939 | +€1,086 | +1.3% |
| Trade debts | 44 | €30,643 | €1,763 | -€28,879 | -94.2% |
| Suppliers | 440/4 | €30,643 | €1,763 | -€28,879 | -94.2% |
| Taxes, remuneration and social security | 45 | €3,549 | €1,319 | -€2,230 | -62.8% |
| Taxes | 450/3 | €3,549 | €1,319 | -€2,230 | -62.8% |
| Other amounts payable | 47/48 | €159,115 | €196,704 | +€37,589 | +23.6% |
| Accrued charges and deferred income | 492/3 | €1,316 | €2,971 | +€1,655 | +125.8% |
| Non-recurring operating income | 76A | €484 | €9,812 | +€9,328 | +1927.0% |
| Remuneration, social security and pensions | 62 | €103 | €0 | -€103 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €80,888 | €82,436 | +€1,548 | +1.9% |
| Other operating charges | 640/8 | €670 | €11,664 | +€10,994 | +1641.4% |
| Gross operating margin | 9900 | €67,765 | €83,858 | +€16,093 | +23.7% |
| Operating profit (loss) | 9901 | -€13,896 | -€10,242 | +€3,654 | +26.3% |
| Financial income | 75/76B | €0 | €40 | +€40 | |
| Recurring financial income | 75 | €0 | €40 | +€40 | |
| Financial charges | 65/66B | €16,510 | €14,831 | -€1,678 | -10.2% |
| Recurring financial charges | 65 | €16,510 | €14,831 | -€1,678 | -10.2% |
| Profit (loss) for the period before taxes | 9903 | -€30,406 | -€25,033 | +€5,373 | +17.7% |
| Profit (loss) for the period | 9904 | -€30,406 | -€25,033 | +€5,373 | +17.7% |
| Profit (loss) for the period to be appropriated | 9905 | -€30,406 | -€25,033 | +€5,373 | +17.7% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.