FIDULYS WALLONIE: 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.
FIDULYS WALLONIE
Largest movements
- Receivables within one year +€80,863
up €80,863 (+53.9%), from €150,060 to €230,923
of which Trade receivables: +€108,692
- Cash -€35,788
down €35,788 (-80.4%), from €44,528 to €8,740
mainly Receivables within one year (-€80,863) and Debts after one year (-€37,545)
- Intangible fixed assets -€15,335
down €15,335 (-13.2%), from €116,169 to €100,834
- Tangible fixed assets +€7,723
up €7,723 (+2.8%), from €275,610 to €283,333
- Reserves +€44,281
up €44,281 (+77.9%), from €56,828 to €101,109
- Debts after one year -€37,545
down €37,545 (-10.1%), from €371,119 to €333,574
- Current portion of long-term debt +€12,870
up €12,870 (+55.8%), from €23,072 to €35,942
- Tax, wage and social debts +€11,893
up €11,893 (+35.6%), from €33,386 to €45,279
of which Taxes: +€9,672
- Gross operating margin +€75,480
up €75,480 (+71.8%), from €105,070 to €180,549
- Staff costs +€29,054
up €29,054 (+56.6%), from €51,360 to €80,414
- Depreciation +€17,778
up €17,778 (+99.6%), from €17,850 to €35,628
- Financial charges +€13,456
up €13,456 (+209%), from €6,445 to €19,901
- Taxes -€11,333
down €11,333, from €8,630 to -€2,703
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 | €586,367 | €623,830 | +€37,463 | +6.4% |
| Fixed assets | 21/28 | €391,779 | €384,166 | -€7,613 | -1.9% |
| Intangible fixed assets | 21 | €116,169 | €100,834 | -€15,335 | -13.2% |
| Tangible fixed assets | 22/27 | €275,610 | €283,333 | +€7,723 | +2.8% |
| Land and buildings | 22 | €275,610 | €283,333 | +€7,723 | +2.8% |
| Current assets | 29/58 | €194,588 | €239,664 | +€45,076 | +23.2% |
| Amounts receivable within one year | 40/41 | €150,060 | €230,923 | +€80,863 | +53.9% |
| Trade receivables | 40 | €121,130 | €229,822 | +€108,692 | +89.7% |
| Other amounts receivable | 41 | €28,930 | €1,102 | -€27,828 | -96.2% |
| Cash at bank and in hand | 54/58 | €44,528 | €8,740 | -€35,788 | -80.4% |
| Total equity and liabilities | 10/49 | €586,367 | €623,830 | +€37,463 | +6.4% |
| Equity | 10/15 | €76,828 | €121,109 | +€44,281 | +57.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €56,828 | €101,109 | +€44,281 | +77.9% |
| Distributable reserves | 133 | €56,828 | €101,109 | +€44,281 | +77.9% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €509,539 | €502,721 | -€6,818 | -1.3% |
| Amounts payable after more than one year | 17 | €371,119 | €333,574 | -€37,545 | -10.1% |
| Financial debts | 170/4 | €371,119 | €333,574 | -€37,545 | -10.1% |
| Amounts payable within one year | 42/48 | €138,419 | €169,147 | +€30,727 | +22.2% |
| Current portion of amounts payable after more than one year | 42 | €23,072 | €35,942 | +€12,870 | +55.8% |
| Financial debts | 43 | €52,257 | €52,257 | = | 0.0% |
| Credit institutions | 430/8 | €52,257 | €52,257 | = | 0.0% |
| Trade debts | 44 | €29,704 | €35,668 | +€5,964 | +20.1% |
| Suppliers | 440/4 | €29,704 | €35,668 | +€5,964 | +20.1% |
| Taxes, remuneration and social security | 45 | €33,386 | €45,279 | +€11,893 | +35.6% |
| Taxes | 450/3 | €19,378 | €29,050 | +€9,672 | +49.9% |
| Remuneration and social security | 454/9 | €14,008 | €16,229 | +€2,221 | +15.9% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €51,360 | €80,414 | +€29,054 | +56.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,850 | €35,628 | +€17,778 | +99.6% |
| Other operating charges | 640/8 | €667 | €3,081 | +€2,414 | +362% |
| Gross operating margin | 9900 | €105,070 | €180,549 | +€75,480 | +71.8% |
| Operating profit (loss) | 9901 | €35,192 | €61,426 | +€26,233 | +74.5% |
| Financial income | 75/76B | €5 | €53 | +€48 | +906% |
| Recurring financial income | 75 | €5 | €53 | +€48 | +906% |
| Financial charges | 65/66B | €6,445 | €19,901 | +€13,456 | +209% |
| Recurring financial charges | 65 | €6,445 | €19,901 | +€13,456 | +209% |
| Profit (loss) for the period before taxes | 9903 | €28,752 | €41,578 | +€12,825 | +44.6% |
| Income taxes | 67/77 | €8,630 | -€2,703 | -€11,333 | |
| Profit (loss) for the period | 9904 | €20,122 | €44,281 | +€24,158 | +120% |
| Profit (loss) for the period to be appropriated | 9905 | €20,122 | €44,281 | +€24,158 | +120% |
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 30 October 2026 via checked.be.