FIDUTAX: 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.
FIDUTAX
Largest movements
- Cash +€24,561
up €24,561 (+237.7%), from €10,334 to €34,895
mainly Net result for the year (+€16,099) and Debts after one year (+€13,780)
- Receivables within one year +€24,437
up €24,437 (+66.3%), from €36,871 to €61,308
of which Trade receivables: +€23,852
- Tangible fixed assets +€6,303
up €6,303 (+49.0%), from €12,857 to €19,160
of which Other tangible fixed assets: +€8,742
- Deferred charges and accrued income -€4,807
down €4,807 (-66.1%), from €7,275 to €2,468
- Profit (loss) carried forward +€15,768
up €15,768 (+241.3%), from €6,536 to €22,304
- Debts after one year +€13,780
up €13,780 (+126.3%), from €10,909 to €24,689
- Tax, wage and social debts +€12,152
up €12,152 (+51.1%), from €23,802 to €35,954
of which Taxes: +€13,762
- Trade debts +€6,401
up €6,401 (+35.6%), from €17,965 to €24,366
- Current portion of long-term debt +€2,392
up €2,392 (+42.8%), from €5,585 to €7,978
- Gross operating margin +€32,703
up €32,703 (+49.4%), from €66,262 to €98,964
- Taxes +€8,454
up €8,454 (+700.9%), from €1,206 to €9,661
- Write-downs +€4,936
up €4,936 (+59.5%), from €8,300 to €13,236
- Financial charges +€1,561
up €1,561 (+137.7%), from €1,133 to €2,694
- Depreciation +€1,095
up €1,095 (+23.5%), from €4,670 to €5,765
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €67,337 | €117,831 | +€50,494 | +75.0% |
| Fixed assets | 21/28 | €12,857 | €19,160 | +€6,303 | +49.0% |
| Tangible fixed assets | 22/27 | €12,857 | €19,160 | +€6,303 | +49.0% |
| Furniture and vehicles | 24 | €9,418 | €6,979 | -€2,439 | -25.9% |
| Other tangible fixed assets | 26 | €3,439 | €12,181 | +€8,742 | +254.2% |
| Current assets | 29/58 | €54,480 | €98,670 | +€44,191 | +81.1% |
| Amounts receivable within one year | 40/41 | €36,871 | €61,308 | +€24,437 | +66.3% |
| Trade receivables | 40 | €34,030 | €57,882 | +€23,852 | +70.1% |
| Other amounts receivable | 41 | €2,842 | €3,426 | +€585 | +20.6% |
| Cash at bank and in hand | 54/58 | €10,334 | €34,895 | +€24,561 | +237.7% |
| Deferred charges and accrued income | 490/1 | €7,275 | €2,468 | -€4,807 | -66.1% |
| Total equity and liabilities | 10/49 | €67,337 | €117,831 | +€50,494 | +75.0% |
| Equity | 10/15 | €8,536 | €24,304 | +€15,768 | +184.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €6,536 | €22,304 | +€15,768 | +241.3% |
| Amounts payable | 17/49 | €58,801 | €93,527 | +€34,726 | +59.1% |
| Amounts payable after more than one year | 17 | €10,909 | €24,689 | +€13,780 | +126.3% |
| Financial debts | 170/4 | €10,909 | €24,689 | +€13,780 | +126.3% |
| Amounts payable within one year | 42/48 | €47,892 | €68,838 | +€20,946 | +43.7% |
| Current portion of amounts payable after more than one year | 42 | €5,585 | €7,978 | +€2,392 | +42.8% |
| Trade debts | 44 | €17,965 | €24,366 | +€6,401 | +35.6% |
| Suppliers | 440/4 | €17,965 | €24,366 | +€6,401 | +35.6% |
| Taxes, remuneration and social security | 45 | €23,802 | €35,954 | +€12,152 | +51.1% |
| Taxes | 450/3 | €11,487 | €25,249 | +€13,762 | +119.8% |
| Remuneration and social security | 454/9 | €12,315 | €10,705 | -€1,609 | -13.1% |
| Other amounts payable | 47/48 | €540 | €540 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €51,402 | €50,818 | -€584 | -1.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,670 | €5,765 | +€1,095 | +23.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €8,300 | €13,236 | +€4,936 | +59.5% |
| Other operating charges | 640/8 | €404 | €693 | +€289 | +71.5% |
| Gross operating margin | 9900 | €66,262 | €98,964 | +€32,703 | +49.4% |
| Operating profit (loss) | 9901 | €1,486 | €28,453 | +€26,967 | +1815.2% |
| Financial income | 75/76B | €736 | €1 | -€735 | -99.9% |
| Recurring financial income | 75 | €736 | €1 | -€735 | -99.9% |
| Financial charges | 65/66B | €1,133 | €2,694 | +€1,561 | +137.7% |
| Recurring financial charges | 65 | €1,133 | €2,694 | +€1,561 | +137.7% |
| Profit (loss) for the period before taxes | 9903 | €1,088 | €25,760 | +€24,672 | +2267.1% |
| Income taxes | 67/77 | €1,206 | €9,661 | +€8,454 | +700.9% |
| Profit (loss) for the period | 9904 | -€118 | €16,099 | +€16,217 | |
| Profit (loss) for the period to be appropriated | 9905 | -€118 | €16,099 | +€16,217 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.