FIDUNEUVE: 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.
FIDUNEUVE
Largest movements
- Tangible fixed assets +€950,656
up €950,656 (+156%), from €608,657 to €1.6m
of which Land and buildings: +€970,850
- Receivables within one year -€70,524
down €70,524 (-32.5%), from €217,092 to €146,568
of which Other amounts receivable: -€78,817
- Debts after one year +€859,118
up €859,118 (+302%), from €284,040 to €1.1m
- Short-term financial debts +€209,000
new in 2025: €209,000
- Other debts -€89,725
down €89,725 (-99.7%), from €90,000 to €275
- Reserves -€71,872
down €71,872 (-26.2%), from €274,297 to €202,425
of which Distributable reserves: -€68,199
- Current portion of long-term debt -€22,839
down €22,839 (-30.0%), from €76,054 to €53,215
- Depreciation +€118,846
up €118,846 (+315%), from €37,690 to €156,536
- Financial charges +€30,655
up €30,655 (+224%), from €13,686 to €44,341
- Staff costs +€25,642
up €25,642 (+13.4%), from €192,022 to €217,664
- Taxes -€19,887
down €19,887 (-89.1%), from €22,332 to €2,445
- Gross operating margin +€19,108
up €19,108 (+4.5%), from €421,119 to €440,227
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 | €862,213 | €1,746,804 | +€884,591 | +103% |
| Fixed assets | 21/28 | €608,737 | €1,559,393 | +€950,656 | +156% |
| Tangible fixed assets | 22/27 | €608,657 | €1,559,313 | +€950,656 | +156% |
| Land and buildings | 22 | €326,050 | €1,296,900 | +€970,850 | +298% |
| Furniture and vehicles | 24 | €4,589 | €2,930 | -€1,659 | -36.2% |
| Other tangible fixed assets | 26 | €278,018 | €259,483 | -€18,535 | -6.7% |
| Financial fixed assets | 28 | €80 | €80 | = | 0.0% |
| Current assets | 29/58 | €253,476 | €187,411 | -€66,065 | -26.1% |
| Amounts receivable within one year | 40/41 | €217,092 | €146,568 | -€70,524 | -32.5% |
| Trade receivables | 40 | €108,298 | €116,591 | +€8,293 | +7.7% |
| Other amounts receivable | 41 | €108,794 | €29,977 | -€78,817 | -72.4% |
| Cash at bank and in hand | 54/58 | €36,384 | €40,843 | +€4,459 | +12.3% |
| Total equity and liabilities | 10/49 | €862,213 | €1,746,804 | +€884,591 | +103% |
| Equity | 10/15 | €293,109 | €222,016 | -€71,093 | -24.3% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €274,297 | €202,425 | -€71,872 | -26.2% |
| Tax-exempt reserves | 132 | €55,098 | €51,425 | -€3,673 | -6.7% |
| Distributable reserves | 133 | €219,199 | €151,000 | -€68,199 | -31.1% |
| Profit (loss) carried forward | 14 | €220 | €999 | +€779 | +354% |
| Amounts payable | 17/49 | €569,104 | €1,524,788 | +€955,684 | +168% |
| Amounts payable after more than one year | 17 | €284,040 | €1,143,158 | +€859,118 | +302% |
| Financial debts | 170/4 | €284,040 | €1,143,158 | +€859,118 | +302% |
| Amounts payable within one year | 42/48 | €285,064 | €381,630 | +€96,566 | +33.9% |
| Current portion of amounts payable after more than one year | 42 | €76,054 | €53,215 | -€22,839 | -30.0% |
| Financial debts | 43 | - | €209,000 | +€209,000 | |
| Credit institutions | 430/8 | - | €209,000 | +€209,000 | |
| Trade debts | 44 | €37,436 | €52,317 | +€14,881 | +39.8% |
| Suppliers | 440/4 | €37,436 | €52,317 | +€14,881 | +39.8% |
| Advances received on contracts in progress | 46 | €1,815 | - | -€1,815 | |
| Taxes, remuneration and social security | 45 | €79,759 | €66,823 | -€12,936 | -16.2% |
| Taxes | 450/3 | €46,780 | €28,714 | -€18,066 | -38.6% |
| Remuneration and social security | 454/9 | €32,979 | €38,109 | +€5,130 | +15.6% |
| Other amounts payable | 47/48 | €90,000 | €275 | -€89,725 | -99.7% |
| Remuneration, social security and pensions | 62 | €192,022 | €217,664 | +€25,642 | +13.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,690 | €156,536 | +€118,846 | +315% |
| Other operating charges | 640/8 | €5,557 | €9,454 | +€3,897 | +70.1% |
| Gross operating margin | 9900 | €421,119 | €440,227 | +€19,108 | +4.5% |
| Operating profit (loss) | 9901 | €185,850 | €56,573 | -€129,277 | -69.6% |
| Financial income | 75/76B | €7,161 | €319 | -€6,842 | -95.5% |
| Recurring financial income | 75 | €7,161 | €319 | -€6,842 | -95.5% |
| Financial charges | 65/66B | €13,686 | €44,341 | +€30,655 | +224% |
| Recurring financial charges | 65 | €13,686 | €44,341 | +€30,655 | +224% |
| Profit (loss) for the period before taxes | 9903 | €179,325 | €12,551 | -€166,774 | -93.0% |
| Income taxes | 67/77 | €22,332 | €2,445 | -€19,887 | -89.1% |
| Profit (loss) for the period | 9904 | €156,993 | €10,106 | -€146,887 | -93.6% |
| Transfer from tax-exempt reserves | 789 | €3,674 | €3,673 | -€1 | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €160,667 | €13,779 | -€146,888 | -91.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.