FIDUSAL: 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.
FIDUSAL
Largest movements
- Cash -€46
no longer reported in 2025 (was €46)
mainly Net result for the year (-€1,958)
- Profit (loss) carried forward -€1,958
down €1,958 (-4.0%), from -€48,705 to -€50,663
- Other debts +€1,790
up €1,790 (+6.1%), from €29,392 to €31,182
- Short-term financial debts +€122
new in 2025: €122
- Gross operating margin -€545
down €545 (-61.9%), from -€880 to -€1,425
- Other operating charges +€193
new in 2025: €193
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 | €46 | - | -€46 | |
| Current assets | 29/58 | €46 | - | -€46 | |
| Cash at bank and in hand | 54/58 | €46 | - | -€46 | |
| Total equity and liabilities | 10/49 | €46 | €0 | -€46 | -100.0% |
| Equity | 10/15 | -€29,346 | -€31,304 | -€1,958 | -6.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €759 | €759 | = | 0.0% |
| Distributable reserves | 133 | €759 | €759 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€48,705 | -€50,663 | -€1,958 | -4.0% |
| Amounts payable | 17/49 | €29,392 | €31,304 | +€1,912 | +6.5% |
| Amounts payable within one year | 42/48 | €29,392 | €31,304 | +€1,912 | +6.5% |
| Financial debts | 43 | - | €122 | +€122 | |
| Credit institutions | 430/8 | - | €122 | +€122 | |
| Other amounts payable | 47/48 | €29,392 | €31,182 | +€1,790 | +6.1% |
| Other operating charges | 640/8 | - | €193 | +€193 | |
| Gross operating margin | 9900 | -€880 | -€1,425 | -€545 | -61.9% |
| Operating profit (loss) | 9901 | -€880 | -€1,618 | -€738 | -83.9% |
| Financial charges | 65/66B | €351 | €340 | -€11 | -3.1% |
| Recurring financial charges | 65 | €351 | €340 | -€11 | -3.1% |
| Profit (loss) for the period before taxes | 9903 | -€1,231 | -€1,958 | -€727 | -59.1% |
| Profit (loss) for the period | 9904 | -€1,231 | -€1,958 | -€727 | -59.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,231 | -€1,958 | -€727 | -59.1% |
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 11 October 2026 via checked.be.