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FIDUSPY: 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.

What changed

FIDUSPY

BE 0564.904.244
NACE 69.201, Certified accountants and tax accountants
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1,902
2024 · €7,303-€5,400
Equity
€51,192
2024 · €49,290+€1,902
Cash
€6,280
2024 · €3,485+€2,795
Balance sheet total
€227,410
2024 · €73,644+€153,766

Largest movements

2024 to 2025
Assets
  • Tangible fixed assets +€161,994

    up €161,994 (+8491.5%), from €1,908 to €163,902

    of which Land and buildings: +€163,902

  • Intangible fixed assets -€5,225

    down €5,225 (-18.2%), from €28,633 to €23,408

  • Receivables within one year -€5,118

    down €5,118 (-13.1%), from €38,938 to €33,820

    of which Trade receivables: -€7,783

  • Cash +€2,795

    up €2,795 (+80.2%), from €3,485 to €6,280

    mainly Debts after one year (+€137,233) and Current portion of long-term debt (+€9,372)

Equity and liabilities
  • Debts after one year +€137,233

    up €137,233 (+879.4%), from €15,605 to €152,838

  • Current portion of long-term debt +€9,372

    up €9,372 (+208.6%), from €4,492 to €13,864

  • Tax, wage and social debts +€6,067

    up €6,067 (+182.3%), from €3,329 to €9,396

Income statement
  • Turnover -€26,627

    down €26,627 (-24.2%), from €109,961 to €83,333

  • Gross operating margin -€10,885

    down €10,885 (-17.9%), from €60,944 to €50,059

  • Purchases and services +€9,026

    up €9,026 (+18.4%), from €49,017 to €58,043

  • Taxes -€5,159

    down €5,159 (-81.8%), from €6,309 to €1,150

  • Depreciation -€3,896

    down €3,896 (-33.3%), from €11,682 to €7,786

From the 2024 result to the 2025 result

effect on the 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.

Result 2024 €7,303
Gross operating margin -€10,885
Staff costs -€2,142
Depreciation +€3,896
Other operating charges -€215
Other operating items +€1,730
Financial income -€660
Financial charges -€2,284
Taxes +€5,159
Result 2025 €1,902

Cash bridge derived

cash 2024 to 2025

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.

From operations +€20,746
Investment -€164,555
Financing +€146,605
Cash 2024 €3,485
Net result for the year +€1,902
Depreciation +€7,786
Receivables within one year +€5,118
Deferred charges and accrued income +€680
Trade debts -€808
Tax, wage and social debts +€6,067
Investment in fixed assets (net) -€164,555
Debts after one year +€137,233
Current portion of long-term debt +€9,372
Cash 2025 €6,280
Every line side by side 44 lines
Line Code 2024 2025 Change %
Total assets 20/58 €73,644 €227,410 +€153,766 +208.8%
Fixed assets 21/28 €30,541 €187,310 +€156,769 +513.3%
Intangible fixed assets 21 €28,633 €23,408 -€5,225 -18.2%
Tangible fixed assets 22/27 €1,908 €163,902 +€161,994 +8491.5%
Land and buildings 22 - €163,902 +€163,902
Plant, machinery and equipment 23 €68 - -€68
Furniture and vehicles 24 €1,840 - -€1,840
Current assets 29/58 €43,103 €40,100 -€3,003 -7.0%
Amounts receivable within one year 40/41 €38,938 €33,820 -€5,118 -13.1%
Trade receivables 40 €29,116 €21,334 -€7,783 -26.7%
Other amounts receivable 41 €9,822 €12,486 +€2,664 +27.1%
Cash at bank and in hand 54/58 €3,485 €6,280 +€2,795 +80.2%
Deferred charges and accrued income 490/1 €680 - -€680
Total equity and liabilities 10/49 €73,644 €227,410 +€153,766 +208.8%
Equity 10/15 €49,290 €51,192 +€1,902 +3.9%
Contributions 10/11 €18,600 €18,600 = 0.0%
Capital 10 €18,600 €18,600 = 0.0%
Issued capital 100 €18,600 €18,600 = 0.0%
Profit (loss) carried forward 14 €30,690 €32,592 +€1,902 +6.2%
Amounts payable 17/49 €24,354 €176,218 +€151,864 +623.6%
Amounts payable after more than one year 17 €15,605 €152,838 +€137,233 +879.4%
Financial debts 170/4 €15,605 €152,838 +€137,233 +879.4%
Amounts payable within one year 42/48 €8,749 €23,380 +€14,631 +167.2%
Current portion of amounts payable after more than one year 42 €4,492 €13,864 +€9,372 +208.6%
Trade debts 44 €929 €121 -€808 -87.0%
Suppliers 440/4 €929 €121 -€808 -87.0%
Taxes, remuneration and social security 45 €3,329 €9,396 +€6,067 +182.3%
Taxes 450/3 €3,329 €9,396 +€6,067 +182.3%
Turnover 70 €109,961 €83,333 -€26,627 -24.2%
Goods, raw materials, services and sundry goods 60/61 €49,017 €58,043 +€9,026 +18.4%
Remuneration, social security and pensions 62 €30,306 €32,448 +€2,142 +7.1%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets 630 €11,682 €7,786 -€3,896 -33.3%
Other operating charges 640/8 €2,438 €2,653 +€215 +8.8%
Non-recurring operating charges 66A €1,730 - -€1,730
Gross operating margin 9900 €60,944 €50,059 -€10,885 -17.9%
Operating profit (loss) 9901 €14,789 €7,173 -€7,616 -51.5%
Financial income 75/76B €680 €20 -€660 -97.0%
Recurring financial income 75 €680 €20 -€660 -97.0%
Financial charges 65/66B €1,857 €4,140 +€2,284 +123.0%
Recurring financial charges 65 €1,857 €4,140 +€2,284 +123.0%
Profit (loss) for the period before taxes 9903 €13,612 €3,052 -€10,559 -77.6%
Income taxes 67/77 €6,309 €1,150 -€5,159 -81.8%
Profit (loss) for the period 9904 €7,303 €1,902 -€5,400 -74.0%
Profit (loss) for the period to be appropriated 9905 €7,303 €1,902 -€5,400 -74.0%

Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 28 September 2026 via checked.be.