FIDUWA: 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.
FIDUWA
Largest movements
- Tangible fixed assets -€8,467
down €8,467 (-19.4%), from €43,577 to €35,110
- Receivables within one year +€4,117
up €4,117 (+74.1%), from €5,556 to €9,674
- Cash +€1,781
up €1,781 (+46.4%), from €3,843 to €5,624
mainly Other debts (+€18,836) and Depreciation (+€9,647)
- Other debts +€18,836
up €18,836 (+203%), from €9,263 to €28,099
- Profit (loss) carried forward -€16,000
down €16,000 (-74.3%), from €21,546 to €5,546
- Debts after one year -€8,344
down €8,344 (-31.2%), from €26,714 to €18,370
- Trade debts +€4,607
up €4,607 (+2,369%), from €194 to €4,801
- Current portion of long-term debt -€2,640
down €2,640 (-24.0%), from €10,984 to €8,344
- Gross operating margin +€7,989
up €7,989 (+59.9%), from €13,336 to €21,325
- Taxes +€2,117
up €2,117 (+136%), from €1,558 to €3,675
- Financial income -€1,535
down €1,535 (-30.4%), from €5,043 to €3,508
- Financial charges -€235
down €235 (-17.3%), from €1,360 to €1,125
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.
Derived cash bridge
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 | €78,046 | €75,638 | -€2,408 | -3.1% |
| Fixed assets | 21/28 | €67,977 | €59,510 | -€8,467 | -12.5% |
| Tangible fixed assets | 22/27 | €43,577 | €35,110 | -€8,467 | -19.4% |
| Furniture and vehicles | 24 | €43,577 | €35,110 | -€8,467 | -19.4% |
| Financial fixed assets | 28 | €24,400 | €24,400 | = | 0.0% |
| Current assets | 29/58 | €10,069 | €16,128 | +€6,059 | +60.2% |
| Amounts receivable within one year | 40/41 | €5,556 | €9,674 | +€4,117 | +74.1% |
| Trade receivables | 40 | €5,556 | €9,674 | +€4,117 | +74.1% |
| Cash at bank and in hand | 54/58 | €3,843 | €5,624 | +€1,781 | +46.4% |
| Deferred charges and accrued income | 490/1 | €670 | €830 | +€160 | +23.9% |
| Total equity and liabilities | 10/49 | €78,046 | €75,638 | -€2,408 | -3.1% |
| Equity | 10/15 | €23,046 | €7,046 | -€16,000 | -69.4% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,546 | €5,546 | -€16,000 | -74.3% |
| Amounts payable | 17/49 | €55,000 | €68,592 | +€13,592 | +24.7% |
| Amounts payable after more than one year | 17 | €26,714 | €18,370 | -€8,344 | -31.2% |
| Financial debts | 170/4 | €26,714 | €18,370 | -€8,344 | -31.2% |
| Amounts payable within one year | 42/48 | €28,271 | €50,213 | +€21,942 | +77.6% |
| Current portion of amounts payable after more than one year | 42 | €10,984 | €8,344 | -€2,640 | -24.0% |
| Trade debts | 44 | €194 | €4,801 | +€4,607 | +2,369% |
| Suppliers | 440/4 | €194 | €4,801 | +€4,607 | +2,369% |
| Taxes, remuneration and social security | 45 | €7,830 | €8,969 | +€1,139 | +14.5% |
| Taxes | 450/3 | €5,830 | €8,969 | +€3,139 | +53.8% |
| Remuneration and social security | 454/9 | €2,000 | - | -€2,000 | |
| Other amounts payable | 47/48 | €9,263 | €28,099 | +€18,836 | +203% |
| Accrued charges and deferred income | 492/3 | €15 | €9 | -€6 | -41.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,716 | €9,647 | -€69 | -0.7% |
| Other operating charges | 640/8 | €621 | €640 | +€19 | +3.1% |
| Non-recurring operating charges | 66A | €126 | €746 | +€619 | +491% |
| Gross operating margin | 9900 | €13,336 | €21,325 | +€7,989 | +59.9% |
| Operating profit (loss) | 9901 | €2,873 | €10,292 | +€7,419 | +258% |
| Financial income | 75/76B | €5,043 | €3,508 | -€1,535 | -30.4% |
| Recurring financial income | 75 | €5,043 | €3,508 | -€1,535 | -30.4% |
| Financial charges | 65/66B | €1,360 | €1,125 | -€235 | -17.3% |
| Recurring financial charges | 65 | €1,360 | €1,125 | -€235 | -17.3% |
| Profit (loss) for the period before taxes | 9903 | €6,556 | €12,675 | +€6,119 | +93.3% |
| Income taxes | 67/77 | €1,558 | €3,675 | +€2,117 | +136% |
| Profit (loss) for the period | 9904 | €4,998 | €9,000 | +€4,002 | +80.1% |
| Profit (loss) for the period to be appropriated | 9905 | €4,998 | €9,000 | +€4,002 | +80.1% |
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 19 October 2026 via checked.be.