Fidus Vastgoed: what changed
Fidus Vastgoed
Largest movements
- Cash -€375,950
down €375,950 (-43.2%), from €870,375 to €494,425
mainly Contributions, distributions and other (-€360,000) and Accrued charges and deferred income (-€266,803)
- Receivables within one year +€132,979
up €132,979 (+171%), from €77,721 to €210,701
of which Trade receivables: +€70,550
- Deferred charges and accrued income -€42,948
down €42,948 (-38.4%), from €111,983 to €69,034
- Accrued charges and deferred income -€266,803
down €266,803 (-56.9%), from €468,723 to €201,921
- Other debts -€70,000
down €70,000 (-16.3%), from €430,000 to €360,000
- Trade debts +€67,270
up €67,270 (+359%), from €18,758 to €86,027
- Tax, wage and social debts -€29,698
down €29,698 (-72.1%), from €41,176 to €11,478
- Staff costs +€33,390
up €33,390 (+69.6%), from €47,958 to €81,348
- Gross operating margin -€25,095
down €25,095 (-5.1%), from €490,602 to €465,507
- Financial income -€6,159
no longer reported in 2025 (was €6,159)
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,079,494 | €784,984 | -€294,510 | -27.3% |
| Fixed assets | 21/28 | €19,416 | €10,824 | -€8,592 | -44.3% |
| Intangible fixed assets | 21 | €3,900 | - | -€3,900 | |
| Tangible fixed assets | 22/27 | €12,516 | €7,824 | -€4,692 | -37.5% |
| Land and buildings | 22 | €3,069 | €2,634 | -€435 | -14.2% |
| Furniture and vehicles | 24 | €9,446 | €5,190 | -€4,257 | -45.1% |
| Financial fixed assets | 28 | €3,000 | €3,000 | = | 0.0% |
| Current assets | 29/58 | €1,060,079 | €774,160 | -€285,919 | -27.0% |
| Amounts receivable within one year | 40/41 | €77,721 | €210,701 | +€132,979 | +171% |
| Trade receivables | 40 | €71,159 | €141,709 | +€70,550 | +99.1% |
| Other amounts receivable | 41 | €6,562 | €68,991 | +€62,429 | +951% |
| Cash at bank and in hand | 54/58 | €870,375 | €494,425 | -€375,950 | -43.2% |
| Deferred charges and accrued income | 490/1 | €111,983 | €69,034 | -€42,948 | -38.4% |
| Total equity and liabilities | 10/49 | €1,079,494 | €784,984 | -€294,510 | -27.3% |
| Equity | 10/15 | €120,837 | €125,558 | +€4,721 | +3.9% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €80,837 | €85,558 | +€4,721 | +5.8% |
| Distributable reserves | 133 | €80,837 | €85,558 | +€4,721 | +5.8% |
| Amounts payable | 17/49 | €958,657 | €659,426 | -€299,232 | -31.2% |
| Amounts payable within one year | 42/48 | €489,934 | €457,505 | -€32,429 | -6.6% |
| Trade debts | 44 | €18,758 | €86,027 | +€67,270 | +359% |
| Suppliers | 440/4 | €18,758 | €86,027 | +€67,270 | +359% |
| Taxes, remuneration and social security | 45 | €41,176 | €11,478 | -€29,698 | -72.1% |
| Taxes | 450/3 | €41,176 | €11,478 | -€29,698 | -72.1% |
| Other amounts payable | 47/48 | €430,000 | €360,000 | -€70,000 | -16.3% |
| Accrued charges and deferred income | 492/3 | €468,723 | €201,921 | -€266,803 | -56.9% |
| Non-recurring operating income | 76A | €2,404 | - | -€2,404 | |
| Remuneration, social security and pensions | 62 | €47,958 | €81,348 | +€33,390 | +69.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,696 | €8,592 | +€896 | +11.6% |
| Other operating charges | 640/8 | €2,819 | €5,594 | +€2,776 | +98.5% |
| Gross operating margin | 9900 | €490,602 | €465,507 | -€25,095 | -5.1% |
| Operating profit (loss) | 9901 | €432,129 | €369,973 | -€62,156 | -14.4% |
| Financial income | 75/76B | €6,159 | - | -€6,159 | |
| Recurring financial income | 75 | €6,159 | - | -€6,159 | |
| Financial charges | 65/66B | €1,006 | €1,880 | +€874 | +86.9% |
| Recurring financial charges | 65 | €1,006 | €1,880 | +€874 | +86.9% |
| Profit (loss) for the period before taxes | 9903 | €437,282 | €368,093 | -€69,189 | -15.8% |
| Income taxes | 67/77 | €2,884 | €3,372 | +€488 | +16.9% |
| Profit (loss) for the period | 9904 | €434,398 | €364,721 | -€69,677 | -16.0% |
| Profit (loss) for the period to be appropriated | 9905 | €434,398 | €364,721 | -€69,677 | -16.0% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.