FIDUVAN: 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.
FIDUVAN
Largest movements
- Tangible fixed assets -€25,326
down €25,326 (-2.5%), from €1.0m to €999,729
- Other debts -€23,781
down €23,781 (-10.6%), from €224,370 to €200,589
- Gross operating margin -€74,574
down €74,574 (-74.9%), from €99,579 to €25,005
- Taxes +€4,224
up €4,224 (+4799.5%), from €88 to €4,312
- Other operating charges -€1,248
down €1,248 (-19.5%), from €6,412 to €5,164
- Turnover +€1,096
up €1,096 (+3.2%), from €34,259 to €35,355
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 | €1,038,183 | €1,004,540 | -€33,643 | -3.2% |
| Fixed assets | 21/28 | €1,025,055 | €999,729 | -€25,326 | -2.5% |
| Tangible fixed assets | 22/27 | €1,025,055 | €999,729 | -€25,326 | -2.5% |
| Land and buildings | 22 | €1,025,055 | €999,729 | -€25,326 | -2.5% |
| Current assets | 29/58 | €13,128 | €4,811 | -€8,317 | -63.4% |
| Cash at bank and in hand | 54/58 | €13,128 | €4,811 | -€8,317 | -63.4% |
| Total equity and liabilities | 10/49 | €1,038,183 | €1,004,540 | -€33,643 | -3.2% |
| Equity | 10/15 | €813,688 | €803,863 | -€9,825 | -1.2% |
| Contributions | 10/11 | €330,000 | €330,000 | = | 0.0% |
| Reserves | 13 | €483,688 | €473,863 | -€9,825 | -2.0% |
| Tax-exempt reserves | 132 | €80,750 | €80,750 | = | 0.0% |
| Distributable reserves | 133 | €402,938 | €393,113 | -€9,825 | -2.4% |
| Amounts payable | 17/49 | €224,495 | €200,677 | -€23,818 | -10.6% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €224,495 | €200,677 | -€23,818 | -10.6% |
| Trade debts | 44 | €125 | - | -€125 | |
| Suppliers | 440/4 | €125 | - | -€125 | |
| Taxes, remuneration and social security | 45 | - | €88 | +€88 | |
| Taxes | 450/3 | - | €88 | +€88 | |
| Other amounts payable | 47/48 | €224,370 | €200,589 | -€23,781 | -10.6% |
| Turnover | 70 | €34,259 | €35,355 | +€1,096 | +3.2% |
| Non-recurring operating income | 76A | €75,917 | - | -€75,917 | |
| Goods, raw materials, services and sundry goods | 60/61 | €10,597 | €10,350 | -€247 | -2.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,325 | €25,326 | +€1 | 0.0% |
| Other operating charges | 640/8 | €6,412 | €5,164 | -€1,248 | -19.5% |
| Gross operating margin | 9900 | €99,579 | €25,005 | -€74,574 | -74.9% |
| Operating profit (loss) | 9901 | €67,842 | -€5,485 | -€73,327 | |
| Financial income | 75/76B | €3 | €0 | -€3 | -89.3% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -89.3% |
| Financial charges | 65/66B | €24 | €29 | +€5 | +18.8% |
| Recurring financial charges | 65 | €24 | €29 | +€5 | +18.8% |
| Profit (loss) for the period before taxes | 9903 | €67,821 | -€5,513 | -€73,334 | |
| Income taxes | 67/77 | €88 | €4,312 | +€4,224 | +4799.5% |
| Profit (loss) for the period | 9904 | €67,733 | -€9,825 | -€77,558 | |
| Profit (loss) for the period to be appropriated | 9905 | €67,733 | -€9,825 | -€77,558 |
Source: filed annual accounts (NBB), fiscal years ended 31 May 2024 and 31 May 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.