FIDUFIX: 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.
FIDUFIX
Largest movements
- Tangible fixed assets -€29,485
down €29,485 (-12.3%), from €239,503 to €210,018
of which Other tangible fixed assets: -€29,218
- Cash -€25,622
down €25,622 (-25.1%), from €102,026 to €76,404
mainly Contributions, distributions and other (-€100,000) and Other debts (-€49,500)
- Receivables within one year +€7,492
up €7,492 (+3.8%), from €198,701 to €206,193
of which Trade receivables: +€6,542
- Other debts -€49,500
down €49,500 (-49.5%), from €100,000 to €50,500
- Tax, wage and social debts +€24,294
up €24,294 (+40.7%), from €59,619 to €83,913
of which Taxes: +€17,269
- Debts after one year -€22,278
down €22,278 (-10.7%), from €207,238 to €184,960
- Trade debts +€15,026
up €15,026 (+48.0%), from €31,308 to €46,334
- Reserves -€8,341
down €8,341 (-13.2%), from €63,281 to €54,939
of which Tax-exempt reserves: -€8,341
- Staff costs +€23,176
up €23,176 (+11.9%), from €194,760 to €217,936
- Gross operating margin +€16,656
up €16,656 (+4.2%), from €399,948 to €416,604
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.
Derived cash bridge
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 | €674,242 | €629,657 | -€44,585 | -6.6% |
| Fixed assets | 21/28 | €240,178 | €210,693 | -€29,485 | -12.3% |
| Tangible fixed assets | 22/27 | €239,503 | €210,018 | -€29,485 | -12.3% |
| Furniture and vehicles | 24 | €64,197 | €63,929 | -€268 | -0.4% |
| Other tangible fixed assets | 26 | €175,306 | €146,088 | -€29,218 | -16.7% |
| Financial fixed assets | 28 | €675 | €675 | = | 0.0% |
| Current assets | 29/58 | €434,064 | €418,965 | -€15,099 | -3.5% |
| Amounts receivable within one year | 40/41 | €198,701 | €206,193 | +€7,492 | +3.8% |
| Trade receivables | 40 | €158,160 | €164,703 | +€6,542 | +4.1% |
| Other amounts receivable | 41 | €40,541 | €41,491 | +€950 | +2.3% |
| Current investments | 50/53 | €109,545 | €109,545 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €102,026 | €76,404 | -€25,622 | -25.1% |
| Deferred charges and accrued income | 490/1 | €23,792 | €26,822 | +€3,030 | +12.7% |
| Total equity and liabilities | 10/49 | €674,242 | €629,657 | -€44,585 | -6.6% |
| Equity | 10/15 | €131,072 | €121,549 | -€9,523 | -7.3% |
| Contributions | 10/11 | €6,667 | €6,667 | = | 0.0% |
| Reserves | 13 | €63,281 | €54,939 | -€8,341 | -13.2% |
| Tax-exempt reserves | 132 | €61,281 | €52,939 | -€8,341 | -13.6% |
| Distributable reserves | 133 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €61,124 | €59,943 | -€1,181 | -1.9% |
| Provisions and deferred taxes | 16 | €17,574 | €13,279 | -€4,295 | -24.4% |
| Deferred taxes | 168 | €17,574 | €13,279 | -€4,295 | -24.4% |
| Amounts payable | 17/49 | €525,596 | €494,829 | -€30,767 | -5.9% |
| Amounts payable after more than one year | 17 | €207,238 | €184,960 | -€22,278 | -10.7% |
| Financial debts | 170/4 | €207,238 | €184,960 | -€22,278 | -10.7% |
| Amounts payable within one year | 42/48 | €314,736 | €306,721 | -€8,014 | -2.5% |
| Current portion of amounts payable after more than one year | 42 | €75,920 | €82,108 | +€6,188 | +8.2% |
| Financial debts | 43 | €46,540 | €41,363 | -€5,178 | -11.1% |
| Credit institutions | 430/8 | €46,540 | €41,363 | -€5,178 | -11.1% |
| Trade debts | 44 | €31,308 | €46,334 | +€15,026 | +48.0% |
| Suppliers | 440/4 | €31,308 | €46,334 | +€15,026 | +48.0% |
| Advances received on contracts in progress | 46 | €1,348 | €2,503 | +€1,155 | +85.7% |
| Taxes, remuneration and social security | 45 | €59,619 | €83,913 | +€24,294 | +40.7% |
| Taxes | 450/3 | €34,363 | €51,632 | +€17,269 | +50.3% |
| Remuneration and social security | 454/9 | €25,256 | €32,281 | +€7,024 | +27.8% |
| Other amounts payable | 47/48 | €100,000 | €50,500 | -€49,500 | -49.5% |
| Accrued charges and deferred income | 492/3 | €3,622 | €3,147 | -€475 | -13.1% |
| Non-recurring operating income | 76A | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €194,760 | €217,936 | +€23,176 | +11.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,274 | €53,425 | +€4,151 | +8.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €1,716 | €0 | -€1,716 | -100% |
| Other operating charges | 640/8 | €4,778 | €5,030 | +€252 | +5.3% |
| Non-recurring operating charges | 66A | €617 | €0 | -€617 | -100% |
| Gross operating margin | 9900 | €399,948 | €416,604 | +€16,656 | +4.2% |
| Operating profit (loss) | 9901 | €148,802 | €140,212 | -€8,590 | -5.8% |
| Financial income | 75/76B | €8,147 | €7,207 | -€940 | -11.5% |
| Recurring financial income | 75 | €5,294 | €4,517 | -€777 | -14.7% |
| Non-recurring financial income | 76B | €2,853 | €2,690 | -€164 | -5.7% |
| Financial charges | 65/66B | €20,553 | €17,671 | -€2,881 | -14.0% |
| Recurring financial charges | 65 | €20,553 | €17,671 | -€2,881 | -14.0% |
| Profit (loss) for the period before taxes | 9903 | €136,396 | €129,747 | -€6,649 | -4.9% |
| Transfer from deferred taxes | 780 | €4,295 | €4,295 | = | 0.0% |
| Income taxes | 67/77 | €46,943 | €43,565 | -€3,378 | -7.2% |
| Profit (loss) for the period | 9904 | €93,749 | €90,477 | -€3,272 | -3.5% |
| Transfer from tax-exempt reserves | 789 | €8,341 | €8,341 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €102,090 | €98,819 | -€3,272 | -3.2% |
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 20 October 2026 via checked.be.