FIDUROCH: 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.
FIDUROCH
Largest movements
- Cash +€20,078
up €20,078 (+18.6%), from €107,879 to €127,957
mainly Net result for the year (+€188,317) and Depreciation (+€15,874)
- Reserves +€90,000
up €90,000 (+23.1%), from €390,000 to €480,000
- Current portion of long-term debt -€59,664
down €59,664 (-66.1%), from €90,329 to €30,666
- Debts after one year -€30,666
down €30,666 (-9.6%), from €320,666 to €290,000
of which Financial debts: -€30,666
- Other debts +€14,323
up €14,323 (+10.5%), from €136,531 to €150,854
- Depreciation -€20,625
down €20,625 (-56.5%), from €36,499 to €15,874
- Financial income -€6,340
down €6,340 (-4.1%), from €154,147 to €147,807
- Other operating charges +€5,144
up €5,144 (+208.2%), from €2,471 to €7,615
- Gross operating margin -€3,499
down €3,499 (-3.5%), from €98,789 to €95,290
- Taxes +€3,238
up €3,238 (+23.6%), from €13,722 to €16,960
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 | €978,826 | €992,355 | +€13,529 | +1.4% |
| Fixed assets | 21/28 | €862,417 | €854,951 | -€7,466 | -0.9% |
| Tangible fixed assets | 22/27 | €462,372 | €454,906 | -€7,466 | -1.6% |
| Land and buildings | 22 | €460,778 | €454,021 | -€6,757 | -1.5% |
| Furniture and vehicles | 24 | €698 | €336 | -€363 | -51.9% |
| Other tangible fixed assets | 26 | €896 | €549 | -€347 | -38.7% |
| Financial fixed assets | 28 | €400,045 | €400,045 | = | 0.0% |
| Current assets | 29/58 | €116,409 | €137,404 | +€20,995 | +18.0% |
| Amounts receivable within one year | 40/41 | €8,529 | €8,446 | -€83 | -1.0% |
| Trade receivables | 40 | €8,529 | €8,446 | -€83 | -1.0% |
| Cash at bank and in hand | 54/58 | €107,879 | €127,957 | +€20,078 | +18.6% |
| Deferred charges and accrued income | 490/1 | - | €1,001 | +€1,001 | |
| Total equity and liabilities | 10/49 | €978,826 | €992,355 | +€13,529 | +1.4% |
| Equity | 10/15 | €400,608 | €488,925 | +€88,317 | +22.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €390,000 | €480,000 | +€90,000 | +23.1% |
| Distributable reserves | 133 | €390,000 | €480,000 | +€90,000 | +23.1% |
| Profit (loss) carried forward | 14 | €5,608 | €3,925 | -€1,683 | -30.0% |
| Amounts payable | 17/49 | €578,218 | €503,430 | -€74,788 | -12.9% |
| Amounts payable after more than one year | 17 | €320,666 | €290,000 | -€30,666 | -9.6% |
| Financial debts | 170/4 | €30,666 | - | -€30,666 | |
| Other amounts payable | 178/9 | €290,000 | €290,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €250,419 | €204,627 | -€45,792 | -18.3% |
| Current portion of amounts payable after more than one year | 42 | €90,329 | €30,666 | -€59,664 | -66.1% |
| Trade debts | 44 | €2,180 | €2,660 | +€480 | +22.0% |
| Suppliers | 440/4 | €2,180 | €2,660 | +€480 | +22.0% |
| Taxes, remuneration and social security | 45 | €21,379 | €20,448 | -€931 | -4.4% |
| Taxes | 450/3 | €21,046 | €20,448 | -€598 | -2.8% |
| Remuneration and social security | 454/9 | €333 | - | -€333 | |
| Other amounts payable | 47/48 | €136,531 | €150,854 | +€14,323 | +10.5% |
| Accrued charges and deferred income | 492/3 | €7,133 | €8,803 | +€1,670 | +23.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €36,499 | €15,874 | -€20,625 | -56.5% |
| Other operating charges | 640/8 | €2,471 | €7,615 | +€5,144 | +208.2% |
| Gross operating margin | 9900 | €98,789 | €95,290 | -€3,499 | -3.5% |
| Operating profit (loss) | 9901 | €59,819 | €71,800 | +€11,982 | +20.0% |
| Financial income | 75/76B | €154,147 | €147,807 | -€6,340 | -4.1% |
| Recurring financial income | 75 | €154,147 | €147,807 | -€6,340 | -4.1% |
| Financial charges | 65/66B | €16,763 | €14,330 | -€2,433 | -14.5% |
| Recurring financial charges | 65 | €16,763 | €14,330 | -€2,433 | -14.5% |
| Profit (loss) for the period before taxes | 9903 | €197,203 | €205,277 | +€8,074 | +4.1% |
| Income taxes | 67/77 | €13,722 | €16,960 | +€3,238 | +23.6% |
| Profit (loss) for the period | 9904 | €183,481 | €188,317 | +€4,836 | +2.6% |
| Profit (loss) for the period to be appropriated | 9905 | €183,481 | €188,317 | +€4,836 | +2.6% |
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.