Fidurus: 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.
Fidurus
Largest movements
- Cash -€22,462
down €22,462 (-38.9%), from €57,735 to €35,273
mainly Contributions, distributions and other (-€85,000) and Receivables within one year (-€12,666)
- Receivables within one year +€12,666
up €12,666 (+451.6%), from €2,804 to €15,470
of which Trade receivables: +€8,848
- Tangible fixed assets +€4,178
up €4,178 (+144.4%), from €2,894 to €7,072
of which Plant, machinery and equipment: +€2,327
- Reserves -€53,155
down €53,155 (-83.0%), from €64,073 to €10,917
- Other debts +€42,703
new in 2025: €42,703
- Short-term financial debts +€2,166
new in 2025: €2,166
- Trade debts +€2,037
up €2,037 (+581.4%), from €350 to €2,387
- Gross operating margin +€45,303
up €45,303, from -€3,749 to €41,554
- Taxes +€6,583
up €6,583, from €0 to €6,583
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 | €65,423 | €59,173 | -€6,250 | -9.6% |
| Fixed assets | 21/28 | €4,588 | €8,229 | +€3,640 | +79.3% |
| Intangible fixed assets | 21 | €1,556 | €1,019 | -€537 | -34.5% |
| Tangible fixed assets | 22/27 | €2,894 | €7,072 | +€4,178 | +144.4% |
| Plant, machinery and equipment | 23 | €2,817 | €5,144 | +€2,327 | +82.6% |
| Furniture and vehicles | 24 | €77 | €1,928 | +€1,850 | +2399.1% |
| Financial fixed assets | 28 | €138 | €138 | = | 0.0% |
| Current assets | 29/58 | €60,835 | €50,945 | -€9,890 | -16.3% |
| Amounts receivable within one year | 40/41 | €2,804 | €15,470 | +€12,666 | +451.6% |
| Trade receivables | 40 | €1,560 | €10,408 | +€8,848 | +567.2% |
| Other amounts receivable | 41 | €1,244 | €5,062 | +€3,817 | +306.8% |
| Cash at bank and in hand | 54/58 | €57,735 | €35,273 | -€22,462 | -38.9% |
| Deferred charges and accrued income | 490/1 | €295 | €202 | -€93 | -31.6% |
| Total equity and liabilities | 10/49 | €65,423 | €59,173 | -€6,250 | -9.6% |
| Equity | 10/15 | €65,073 | €11,917 | -€53,155 | -81.7% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €64,073 | €10,917 | -€53,155 | -83.0% |
| Distributable reserves | 133 | €64,073 | €10,917 | -€53,155 | -83.0% |
| Profit (loss) carried forward | 14 | - | €0 | = | |
| Amounts payable | 17/49 | €350 | €47,256 | +€46,906 | +13389.1% |
| Amounts payable within one year | 42/48 | €350 | €47,256 | +€46,906 | +13389.1% |
| Financial debts | 43 | - | €2,166 | +€2,166 | |
| Other loans | 439 | - | €2,166 | +€2,166 | |
| Trade debts | 44 | €350 | €2,387 | +€2,037 | +581.4% |
| Suppliers | 440/4 | €350 | €2,387 | +€2,037 | +581.4% |
| Other amounts payable | 47/48 | - | €42,703 | +€42,703 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,168 | €2,518 | +€350 | +16.2% |
| Other operating charges | 640/8 | €227 | €520 | +€293 | +129.0% |
| Gross operating margin | 9900 | -€3,749 | €41,554 | +€45,303 | |
| Operating profit (loss) | 9901 | -€6,143 | €38,517 | +€44,660 | |
| Financial income | 75/76B | €19 | €0 | -€19 | -100.0% |
| Recurring financial income | 75 | €19 | €0 | -€19 | -100.0% |
| Financial charges | 65/66B | €54 | €90 | +€36 | +65.7% |
| Recurring financial charges | 65 | €54 | €90 | +€36 | +65.7% |
| Profit (loss) for the period before taxes | 9903 | -€6,179 | €38,427 | +€44,606 | |
| Income taxes | 67/77 | €0 | €6,583 | +€6,583 | |
| Profit (loss) for the period | 9904 | -€6,179 | €31,845 | +€38,023 | |
| Profit (loss) for the period to be appropriated | 9905 | -€6,179 | €31,845 | +€38,023 |
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 28 September 2026 via checked.be.