FIDUSCOM: 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.
FIDUSCOM
Largest movements
- Receivables within one year +€46,264
up €46,264 (+23.0%), from €200,976 to €247,240
of which Trade receivables: +€35,067
- Cash -€38,322
down €38,322 (-88.3%), from €43,398 to €5,076
mainly Receivables within one year (-€46,264) and Investment in fixed assets (net) (-€5,833)
- Tangible fixed assets +€5,833
up €5,833 (+45.7%), from €12,765 to €18,598
of which Furniture and vehicles: +€5,833
- Tax, wage and social debts +€14,589
up €14,589 (+62.1%), from €23,497 to €38,086
of which Taxes: +€10,779
- Staff costs +€8,681
up €8,681 (+9.6%), from €90,720 to €99,401
- Depreciation -€7,718
no longer reported in 2025 (was €7,718)
- Taxes -€3,414
no longer reported in 2025 (was €3,414)
- Gross operating margin +€1,953
up €1,953 (+1.7%), from €115,967 to €117,920
- Financial charges +€1,523
up €1,523 (+10.8%), from €14,111 to €15,634
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 | €354,607 | €368,753 | +€14,146 | +4.0% |
| Fixed assets | 21/28 | €106,685 | €112,517 | +€5,833 | +5.5% |
| Intangible fixed assets | 21 | €2,569 | €2,569 | = | 0.0% |
| Tangible fixed assets | 22/27 | €12,765 | €18,598 | +€5,833 | +45.7% |
| Land and buildings | 22 | - | €0 | = | |
| Plant, machinery and equipment | 23 | €5,162 | €5,162 | = | 0.0% |
| Furniture and vehicles | 24 | €7,603 | €13,436 | +€5,833 | +76.7% |
| Financial fixed assets | 28 | €91,350 | €91,350 | = | 0.0% |
| Current assets | 29/58 | €247,923 | €256,236 | +€8,313 | +3.4% |
| Amounts receivable within one year | 40/41 | €200,976 | €247,240 | +€46,264 | +23.0% |
| Trade receivables | 40 | €200,836 | €235,903 | +€35,067 | +17.5% |
| Other amounts receivable | 41 | €140 | €11,337 | +€11,197 | +8000.3% |
| Cash at bank and in hand | 54/58 | €43,398 | €5,076 | -€38,322 | -88.3% |
| Deferred charges and accrued income | 490/1 | €3,549 | €3,920 | +€371 | +10.5% |
| Total equity and liabilities | 10/49 | €354,607 | €368,753 | +€14,146 | +4.0% |
| Equity | 10/15 | €166,538 | €166,987 | +€449 | +0.3% |
| Contributions | 10/11 | €37,184 | €37,184 | = | 0.0% |
| Reserves | 13 | €129,353 | €129,803 | +€449 | +0.3% |
| Non-distributable reserves | 130/1 | €3,718 | €3,718 | = | 0.0% |
| Reserves not available under the articles | 1311 | €3,718 | €3,718 | = | 0.0% |
| Distributable reserves | 133 | €125,635 | €126,084 | +€449 | +0.4% |
| Provisions and deferred taxes | 16 | €2,479 | €2,479 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €2,479 | €2,479 | = | 0.0% |
| Other liabilities and charges | 164/5 | €2,479 | €2,479 | = | 0.0% |
| Amounts payable | 17/49 | €185,591 | €199,288 | +€13,697 | +7.4% |
| Amounts payable within one year | 42/48 | €185,591 | €199,230 | +€13,639 | +7.3% |
| Current portion of amounts payable after more than one year | 42 | €123,315 | €123,315 | = | 0.0% |
| Trade debts | 44 | €25,631 | €25,438 | -€193 | -0.8% |
| Suppliers | 440/4 | €25,631 | €25,438 | -€193 | -0.8% |
| Taxes, remuneration and social security | 45 | €23,497 | €38,086 | +€14,589 | +62.1% |
| Taxes | 450/3 | €10,970 | €21,749 | +€10,779 | +98.3% |
| Remuneration and social security | 454/9 | €12,527 | €16,337 | +€3,810 | +30.4% |
| Other amounts payable | 47/48 | €13,148 | €12,391 | -€757 | -5.8% |
| Accrued charges and deferred income | 492/3 | - | €58 | +€58 | |
| Remuneration, social security and pensions | 62 | €90,720 | €99,401 | +€8,681 | +9.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,718 | - | -€7,718 | |
| Other operating charges | 640/8 | €1,251 | €2,535 | +€1,284 | +102.7% |
| Gross operating margin | 9900 | €115,967 | €117,920 | +€1,953 | +1.7% |
| Operating profit (loss) | 9901 | €16,278 | €15,983 | -€295 | -1.8% |
| Financial income | 75/76B | €1,413 | €100 | -€1,313 | -92.9% |
| Recurring financial income | 75 | €1,413 | €100 | -€1,313 | -92.9% |
| Financial charges | 65/66B | €14,111 | €15,634 | +€1,523 | +10.8% |
| Recurring financial charges | 65 | €14,111 | €15,634 | +€1,523 | +10.8% |
| Profit (loss) for the period before taxes | 9903 | €3,580 | €449 | -€3,131 | -87.5% |
| Income taxes | 67/77 | €3,414 | - | -€3,414 | |
| Profit (loss) for the period | 9904 | €166 | €449 | +€283 | +170.5% |
| Profit (loss) for the period to be appropriated | 9905 | €166 | €449 | +€283 | +170.5% |
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 29 September 2026 via checked.be.