FIDUGROUP: 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.
FIDUGROUP
Largest movements
- Tangible fixed assets -€20,352
down €20,352 (-18.1%), from €112,287 to €91,935
of which Furniture and vehicles: -€23,283
- Cash +€6,634
up €6,634 (+316.8%), from €2,094 to €8,728
mainly Net result for the year (+€30,048) and Depreciation (+€26,910)
- Receivables within one year +€3,522
up €3,522 (+7.3%), from €48,422 to €51,944
of which Trade receivables: +€3,263
- Reserves +€30,000
new in 2025: €30,000
- Other debts -€21,191
down €21,191 (-65.1%), from €32,568 to €11,377
- Debts after one year -€13,839
down €13,839 (-39.8%), from €34,766 to €20,927
- Tax, wage and social debts -€2,800
down €2,800 (-56.0%), from €5,000 to €2,200
of which Remuneration and social security: -€3,750
- Gross operating margin +€14,302
up €14,302 (+22.5%), from €63,517 to €77,819
- Other operating charges -€9,194
down €9,194 (-73.7%), from €12,476 to €3,282
- Depreciation +€7,046
up €7,046 (+35.5%), from €19,864 to €26,910
- Taxes +€6,109
up €6,109 (+64.3%), from €9,503 to €15,612
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 | €163,407 | €154,569 | -€8,838 | -5.4% |
| Fixed assets | 21/28 | €112,287 | €91,935 | -€20,352 | -18.1% |
| Tangible fixed assets | 22/27 | €112,287 | €91,935 | -€20,352 | -18.1% |
| Furniture and vehicles | 24 | €98,195 | €74,912 | -€23,283 | -23.7% |
| Other tangible fixed assets | 26 | €14,092 | €17,023 | +€2,931 | +20.8% |
| Current assets | 29/58 | €51,120 | €62,634 | +€11,514 | +22.5% |
| Amounts receivable within one year | 40/41 | €48,422 | €51,944 | +€3,522 | +7.3% |
| Trade receivables | 40 | €48,361 | €51,624 | +€3,263 | +6.7% |
| Other amounts receivable | 41 | €61 | €320 | +€259 | +424.6% |
| Cash at bank and in hand | 54/58 | €2,094 | €8,728 | +€6,634 | +316.8% |
| Deferred charges and accrued income | 490/1 | €604 | €1,962 | +€1,358 | +224.8% |
| Total equity and liabilities | 10/49 | €163,407 | €154,569 | -€8,838 | -5.4% |
| Equity | 10/15 | €76,088 | €106,136 | +€30,048 | +39.5% |
| Contributions | 10/11 | €75,000 | €75,000 | = | 0.0% |
| Reserves | 13 | - | €30,000 | +€30,000 | |
| Distributable reserves | 133 | - | €30,000 | +€30,000 | |
| Profit (loss) carried forward | 14 | €1,088 | €1,136 | +€48 | +4.4% |
| Amounts payable | 17/49 | €87,319 | €48,433 | -€38,886 | -44.5% |
| Amounts payable after more than one year | 17 | €34,766 | €20,927 | -€13,839 | -39.8% |
| Financial debts | 170/4 | €34,766 | €20,927 | -€13,839 | -39.8% |
| Amounts payable within one year | 42/48 | €52,553 | €27,506 | -€25,047 | -47.7% |
| Current portion of amounts payable after more than one year | 42 | €14,609 | €13,839 | -€770 | -5.3% |
| Trade debts | 44 | €376 | €90 | -€286 | -76.1% |
| Suppliers | 440/4 | €376 | €90 | -€286 | -76.1% |
| Taxes, remuneration and social security | 45 | €5,000 | €2,200 | -€2,800 | -56.0% |
| Taxes | 450/3 | €1,250 | €2,200 | +€950 | +76.0% |
| Remuneration and social security | 454/9 | €3,750 | - | -€3,750 | |
| Other amounts payable | 47/48 | €32,568 | €11,377 | -€21,191 | -65.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,864 | €26,910 | +€7,046 | +35.5% |
| Other operating charges | 640/8 | €12,476 | €3,282 | -€9,194 | -73.7% |
| Gross operating margin | 9900 | €63,517 | €77,819 | +€14,302 | +22.5% |
| Operating profit (loss) | 9901 | €31,177 | €47,627 | +€16,450 | +52.8% |
| Financial income | 75/76B | €820 | €1,243 | +€423 | +51.6% |
| Recurring financial income | 75 | €820 | €1,243 | +€423 | +51.6% |
| Financial charges | 65/66B | €3,452 | €3,210 | -€242 | -7.0% |
| Recurring financial charges | 65 | €3,452 | €3,210 | -€242 | -7.0% |
| Profit (loss) for the period before taxes | 9903 | €28,545 | €45,660 | +€17,115 | +60.0% |
| Income taxes | 67/77 | €9,503 | €15,612 | +€6,109 | +64.3% |
| Profit (loss) for the period | 9904 | €19,042 | €30,048 | +€11,006 | +57.8% |
| Profit (loss) for the period to be appropriated | 9905 | €19,042 | €30,048 | +€11,006 | +57.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.