FIDUCTO: 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.
FIDUCTO
Largest movements
- Deferred charges and accrued income -€68,067
down €68,067 (-48.4%), from €140,751 to €72,684
- Tangible fixed assets -€18,826
down €18,826 (-20.1%), from €93,549 to €74,724
of which Plant, machinery and equipment: -€10,995
- Cash +€5,975
up €5,975 (+47.0%), from €12,700 to €18,675
mainly Deferred charges and accrued income (+€68,067) and Depreciation (+€18,826)
- Tax, wage and social debts -€66,898
down €66,898 (-50.4%), from €132,711 to €65,813
of which Remuneration and social security: -€34,570
- Debts after one year -€47,778
down €47,778 (-30.3%), from €157,693 to €109,916
- Trade debts +€18,161
up €18,161 (+281.7%), from €6,447 to €24,608
- Reserves +€11,670
up €11,670 (+8.1%), from €144,915 to €156,585
- Financial charges -€12,763
down €12,763 (-51.8%), from €24,638 to €11,875
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 | €509,164 | €428,338 | -€80,826 | -15.9% |
| Fixed assets | 21/28 | €93,549 | €74,724 | -€18,826 | -20.1% |
| Tangible fixed assets | 22/27 | €93,549 | €74,724 | -€18,826 | -20.1% |
| Land and buildings | 22 | €4,868 | €4,773 | -€95 | -2.0% |
| Plant, machinery and equipment | 23 | €52,788 | €41,793 | -€10,995 | -20.8% |
| Furniture and vehicles | 24 | €3,937 | €2,593 | -€1,344 | -34.1% |
| Other tangible fixed assets | 26 | €31,956 | €25,565 | -€6,391 | -20.0% |
| Current assets | 29/58 | €415,615 | €353,614 | -€62,000 | -14.9% |
| Amounts receivable within one year | 40/41 | €262,164 | €262,255 | +€92 | 0.0% |
| Trade receivables | 40 | €251,277 | €261,199 | +€9,922 | +3.9% |
| Other amounts receivable | 41 | €10,886 | €1,056 | -€9,830 | -90.3% |
| Cash at bank and in hand | 54/58 | €12,700 | €18,675 | +€5,975 | +47.0% |
| Deferred charges and accrued income | 490/1 | €140,751 | €72,684 | -€68,067 | -48.4% |
| Total equity and liabilities | 10/49 | €509,164 | €428,338 | -€80,826 | -15.9% |
| Equity | 10/15 | €163,515 | €175,185 | +€11,670 | +7.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €144,915 | €156,585 | +€11,670 | +8.1% |
| Distributable reserves | 133 | €144,915 | €156,585 | +€11,670 | +8.1% |
| Amounts payable | 17/49 | €345,649 | €253,153 | -€92,496 | -26.8% |
| Amounts payable after more than one year | 17 | €157,693 | €109,916 | -€47,778 | -30.3% |
| Financial debts | 170/4 | €157,693 | €109,916 | -€47,778 | -30.3% |
| Amounts payable within one year | 42/48 | €187,956 | €143,237 | -€44,718 | -23.8% |
| Current portion of amounts payable after more than one year | 42 | €48,798 | €47,779 | -€1,020 | -2.1% |
| Financial debts | 43 | - | €5,038 | +€5,038 | |
| Other loans | 439 | - | €5,038 | +€5,038 | |
| Trade debts | 44 | €6,447 | €24,608 | +€18,161 | +281.7% |
| Suppliers | 440/4 | €6,447 | €24,608 | +€18,161 | +281.7% |
| Taxes, remuneration and social security | 45 | €132,711 | €65,813 | -€66,898 | -50.4% |
| Taxes | 450/3 | €77,180 | €44,851 | -€32,329 | -41.9% |
| Remuneration and social security | 454/9 | €55,531 | €20,961 | -€34,570 | -62.3% |
| Remuneration, social security and pensions | 62 | €364,912 | €365,474 | +€563 | +0.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €20,451 | €18,826 | -€1,625 | -7.9% |
| Other operating charges | 640/8 | €551 | €3,891 | +€3,341 | +606.6% |
| Gross operating margin | 9900 | €422,162 | €421,876 | -€286 | -0.1% |
| Operating profit (loss) | 9901 | €36,248 | €33,685 | -€2,564 | -7.1% |
| Financial income | 75/76B | €205 | €0 | -€205 | -100.0% |
| Recurring financial income | 75 | €205 | €0 | -€205 | -100.0% |
| Financial charges | 65/66B | €24,638 | €11,875 | -€12,763 | -51.8% |
| Recurring financial charges | 65 | €24,638 | €11,875 | -€12,763 | -51.8% |
| Profit (loss) for the period before taxes | 9903 | €11,816 | €21,810 | +€9,994 | +84.6% |
| Transfer from deferred taxes | 780 | €502 | - | -€502 | |
| Income taxes | 67/77 | €8,270 | €10,140 | +€1,870 | +22.6% |
| Profit (loss) for the period | 9904 | €4,047 | €11,670 | +€7,623 | +188.3% |
| Transfer from tax-exempt reserves | 789 | €2,641 | - | -€2,641 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,688 | €11,670 | +€4,982 | +74.5% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.