FIDUDEM & Co: 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.
FIDUDEM & Co
Largest movements
- Tangible fixed assets -€16,138
down €16,138 (-5.8%), from €278,724 to €262,586
of which Land and buildings: -€11,117
- Receivables within one year -€10,003
down €10,003 (-9.4%), from €106,534 to €96,531
of which Trade receivables: -€47,215
- Cash +€6,367
up €6,367 (+63.3%), from €10,055 to €16,422
mainly Trade debts (+€127,972) and Debts after one year (+€18,774)
- Trade debts +€127,972
up €127,972 (+1,346%), from €9,506 to €137,478
- Profit (loss) carried forward -€127,747
down €127,747, from €55,692 to -€72,055
- Current portion of long-term debt -€18,839
down €18,839 (-51.4%), from €36,661 to €17,822
- Debts after one year +€18,774
up €18,774 (+9.8%), from €190,874 to €209,648
- Investment grants -€16,800
no longer reported in 2024 (was €16,800)
- Gross operating margin -€103,063
down €103,063 (-65.4%), from €157,470 to €54,407
- Financial income +€9,698
new in 2024: €9,698
- Staff costs +€9,675
up €9,675 (+18.8%), from €51,356 to €61,031
- Financial charges +€6,868
up €6,868 (+555%), from €1,237 to €8,105
- Other operating charges -€1,825
no longer reported in 2024 (was €1,825)
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 | €395,928 | €376,154 | -€19,774 | -5.0% |
| Fixed assets | 21/28 | €279,339 | €263,201 | -€16,138 | -5.8% |
| Tangible fixed assets | 22/27 | €278,724 | €262,586 | -€16,138 | -5.8% |
| Land and buildings | 22 | €273,703 | €262,586 | -€11,117 | -4.1% |
| Furniture and vehicles | 24 | €5,021 | - | -€5,021 | |
| Financial fixed assets | 28 | €615 | €615 | = | 0.0% |
| Current assets | 29/58 | €116,589 | €112,953 | -€3,636 | -3.1% |
| Amounts receivable within one year | 40/41 | €106,534 | €96,531 | -€10,003 | -9.4% |
| Trade receivables | 40 | €106,534 | €59,319 | -€47,215 | -44.3% |
| Other amounts receivable | 41 | - | €37,212 | +€37,212 | |
| Cash at bank and in hand | 54/58 | €10,055 | €16,422 | +€6,367 | +63.3% |
| Total equity and liabilities | 10/49 | €395,928 | €376,154 | -€19,774 | -5.0% |
| Equity | 10/15 | €128,392 | -€16,155 | -€144,547 | |
| Contributions | 10/11 | €19,000 | €19,000 | = | 0.0% |
| Capital | 10 | €19,000 | €19,000 | = | 0.0% |
| Issued capital | 100 | €19,000 | €19,000 | = | 0.0% |
| Reserves | 13 | €36,900 | €36,900 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,900 | €1,900 | = | 0.0% |
| Legal reserve | 130 | €1,900 | €1,900 | = | 0.0% |
| Distributable reserves | 133 | €35,000 | €35,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €55,692 | -€72,055 | -€127,747 | |
| Investment grants | 15 | €16,800 | - | -€16,800 | |
| Amounts payable | 17/49 | €267,536 | €392,309 | +€124,773 | +46.6% |
| Amounts payable after more than one year | 17 | €190,874 | €209,648 | +€18,774 | +9.8% |
| Financial debts | 170/4 | €190,874 | €209,648 | +€18,774 | +9.8% |
| Amounts payable within one year | 42/48 | €76,662 | €182,661 | +€105,999 | +138% |
| Current portion of amounts payable after more than one year | 42 | €36,661 | €17,822 | -€18,839 | -51.4% |
| Trade debts | 44 | €9,506 | €137,478 | +€127,972 | +1,346% |
| Suppliers | 440/4 | €9,506 | €137,478 | +€127,972 | +1,346% |
| Taxes, remuneration and social security | 45 | €25,104 | €18,967 | -€6,137 | -24.4% |
| Taxes | 450/3 | €16,795 | €9,767 | -€7,028 | -41.8% |
| Remuneration and social security | 454/9 | €8,309 | €9,200 | +€891 | +10.7% |
| Other amounts payable | 47/48 | €5,391 | €8,394 | +€3,003 | +55.7% |
| Remuneration, social security and pensions | 62 | €51,356 | €61,031 | +€9,675 | +18.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,452 | €15,380 | -€72 | -0.5% |
| Other operating charges | 640/8 | €1,825 | - | -€1,825 | |
| Gross operating margin | 9900 | €157,470 | €54,407 | -€103,063 | -65.4% |
| Operating profit (loss) | 9901 | €88,837 | -€22,004 | -€110,841 | |
| Financial income | 75/76B | - | €9,698 | +€9,698 | |
| Recurring financial income | 75 | - | €9,698 | +€9,698 | |
| Financial charges | 65/66B | €1,237 | €8,105 | +€6,868 | +555% |
| Recurring financial charges | 65 | €1,237 | €8,105 | +€6,868 | +555% |
| Profit (loss) for the period before taxes | 9903 | €87,600 | -€20,411 | -€108,011 | |
| Profit (loss) for the period | 9904 | €87,600 | -€20,411 | -€108,011 | |
| Profit (loss) for the period to be appropriated | 9905 | €87,600 | -€20,411 | -€108,011 |
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 18 October 2026 via checked.be.