FIDULINE: 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.
FIDULINE
Largest movements
- Receivables within one year +€70,985
up €70,985 (+10.7%), from €665,721 to €736,705
of which Trade receivables: +€84,137
- Cash -€15,250
down €15,250 (-38.9%), from €39,223 to €23,974
mainly Receivables within one year (-€70,985) and Trade debts (-€13,731)
- Other debts +€55,841
up €55,841 (+99.0%), from €56,387 to €112,228
- Trade debts -€13,731
down €13,731 (-88.2%), from €15,567 to €1,836
- Tax, wage and social debts +€8,220
up €8,220 (+34.0%), from €24,182 to €32,401
of which Taxes: +€11,291
- Gross operating margin -€12,004
down €12,004 (-8.2%), from €146,768 to €134,764
- Staff costs +€11,971
up €11,971 (+11.7%), from €102,259 to €114,231
- Financial charges -€11,970
down €11,970 (-96.2%), from €12,441 to €471
of which Non-recurring financial charges: -€10,773
- Taxes +€4,143
new in 2021: €4,143
From the 2020 result to the 2021 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 2020 and 2021 balance sheets and the 2021 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €712,889 | €768,695 | +€55,806 | +7.8% |
| Fixed assets | 21/28 | €7,945 | €7,501 | -€444 | -5.6% |
| Tangible fixed assets | 22/27 | €7,945 | €7,501 | -€444 | -5.6% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | 0.0% |
| Furniture and vehicles | 24 | €7,945 | €7,501 | -€444 | -5.6% |
| Current assets | 29/58 | €704,944 | €761,193 | +€56,250 | +8.0% |
| Amounts receivable within one year | 40/41 | €665,721 | €736,705 | +€70,985 | +10.7% |
| Trade receivables | 40 | €453,101 | €537,238 | +€84,137 | +18.6% |
| Other amounts receivable | 41 | €212,619 | €199,467 | -€13,152 | -6.2% |
| Cash at bank and in hand | 54/58 | €39,223 | €23,974 | -€15,250 | -38.9% |
| Deferred charges and accrued income | 490/1 | - | €515 | +€515 | |
| Total equity and liabilities | 10/49 | €712,889 | €768,695 | +€55,806 | +7.8% |
| Equity | 10/15 | €566,840 | €569,996 | +€3,155 | +0.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €353,754 | €356,909 | +€3,155 | +0.9% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €2,000 | €2,000 | = | 0.0% |
| Distributable reserves | 133 | €351,754 | €354,909 | +€3,155 | +0.9% |
| Profit (loss) carried forward | 14 | €193,087 | €193,087 | = | 0.0% |
| Amounts payable | 17/49 | €146,048 | €198,699 | +€52,650 | +36.0% |
| Amounts payable after more than one year | 17 | €15,000 | €15,000 | = | 0.0% |
| Financial debts | 170/4 | €15,000 | €15,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €101,136 | €151,383 | +€50,247 | +49.7% |
| Financial debts | 43 | €5,000 | €4,917 | -€83 | -1.7% |
| Credit institutions | 430/8 | €5,000 | €4,917 | -€83 | -1.7% |
| Trade debts | 44 | €15,567 | €1,836 | -€13,731 | -88.2% |
| Suppliers | 440/4 | €15,567 | €1,836 | -€13,731 | -88.2% |
| Taxes, remuneration and social security | 45 | €24,182 | €32,401 | +€8,220 | +34.0% |
| Taxes | 450/3 | €5,893 | €17,184 | +€11,291 | +191.6% |
| Remuneration and social security | 454/9 | €18,289 | €15,217 | -€3,072 | -16.8% |
| Other amounts payable | 47/48 | €56,387 | €112,228 | +€55,841 | +99.0% |
| Accrued charges and deferred income | 492/3 | €29,912 | €32,316 | +€2,404 | +8.0% |
| Remuneration, social security and pensions | 62 | €102,259 | €114,231 | +€11,971 | +11.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,965 | €7,387 | +€1,422 | +23.8% |
| Other operating charges | 640/8 | €5,675 | €5,377 | -€298 | -5.2% |
| Gross operating margin | 9900 | €146,768 | €134,764 | -€12,004 | -8.2% |
| Operating profit (loss) | 9901 | €32,869 | €7,769 | -€25,099 | -76.4% |
| Financial income | 75/76B | €8 | - | -€8 | |
| Recurring financial income | 75 | €8 | - | -€8 | |
| Financial charges | 65/66B | €12,441 | €471 | -€11,970 | -96.2% |
| Recurring financial charges | 65 | €1,668 | €471 | -€1,198 | -71.8% |
| Non-recurring financial charges | 66B | €10,773 | - | -€10,773 | |
| Profit (loss) for the period before taxes | 9903 | €20,435 | €7,298 | -€13,137 | -64.3% |
| Income taxes | 67/77 | - | €4,143 | +€4,143 | |
| Profit (loss) for the period | 9904 | €20,435 | €3,155 | -€17,280 | -84.6% |
| Profit (loss) for the period to be appropriated | 9905 | €20,435 | €3,155 | -€17,280 | -84.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2020 and 30 June 2021. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.