Fieda Management: 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.
Fieda Management
Largest movements
- Deferred charges and accrued income +€9,620
up €9,620 (+1,444%), from €666 to €10,286
- Cash -€5,217
down €5,217 (-46.5%), from €11,208 to €5,991
mainly Deferred charges and accrued income (-€9,620) and Other debts (-€2,384)
- Tangible fixed assets -€2,866
down €2,866 (-47.4%), from €6,048 to €3,183
of which Furniture and vehicles: -€2,866
- Receivables within one year -€1,920
down €1,920 (-11.2%), from €17,106 to €15,186
of which Trade receivables: -€2,420
- Reserves +€4,707
up €4,707 (+42.1%), from €11,177 to €15,884
- Other debts -€2,384
down €2,384 (-46.8%), from €5,098 to €2,714
- Accrued charges and deferred income -€2,010
no longer reported in 2025 (was €2,010)
- Trade debts -€988
down €988 (-55.3%), from €1,786 to €798
- Gross operating margin +€1,204
up €1,204 (+13.0%), from €9,281 to €10,485
- Financial charges +€700
up €700 (+231%), from €303 to €1,002
- Taxes +€421
up €421 (+92.2%), from €456 to €877
- Other operating charges -€133
down €133 (-17.6%), from €754 to €621
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 | €35,029 | €34,646 | -€383 | -1.1% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €6,048 | €3,183 | -€2,866 | -47.4% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €6,048 | €3,183 | -€2,866 | -47.4% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €6,048 | €3,183 | -€2,866 | -47.4% |
| Current assets | 29/58 | €28,981 | €31,463 | +€2,482 | +8.6% |
| Amounts receivable within one year | 40/41 | €17,106 | €15,186 | -€1,920 | -11.2% |
| Trade receivables | 40 | €5,106 | €2,686 | -€2,420 | -47.4% |
| Other amounts receivable | 41 | €12,000 | €12,500 | +€500 | +4.2% |
| Cash at bank and in hand | 54/58 | €11,208 | €5,991 | -€5,217 | -46.5% |
| Deferred charges and accrued income | 490/1 | €666 | €10,286 | +€9,620 | +1,444% |
| Total equity and liabilities | 10/49 | €35,029 | €34,646 | -€383 | -1.1% |
| Equity | 10/15 | €23,577 | €28,284 | +€4,707 | +20.0% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €11,177 | €15,884 | +€4,707 | +42.1% |
| Distributable reserves | 133 | €11,177 | €15,884 | +€4,707 | +42.1% |
| Amounts payable | 17/49 | €11,452 | €6,362 | -€5,090 | -44.4% |
| Amounts payable within one year | 42/48 | €9,442 | €6,362 | -€3,080 | -32.6% |
| Trade debts | 44 | €1,786 | €798 | -€988 | -55.3% |
| Suppliers | 440/4 | €1,786 | €798 | -€988 | -55.3% |
| Taxes, remuneration and social security | 45 | €2,558 | €2,850 | +€291 | +11.4% |
| Taxes | 450/3 | €2,558 | €2,850 | +€291 | +11.4% |
| Other amounts payable | 47/48 | €5,098 | €2,714 | -€2,384 | -46.8% |
| Accrued charges and deferred income | 492/3 | €2,010 | - | -€2,010 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,212 | €3,278 | +€66 | +2.1% |
| Other operating charges | 640/8 | €754 | €621 | -€133 | -17.6% |
| Gross operating margin | 9900 | €9,281 | €10,485 | +€1,204 | +13.0% |
| Operating profit (loss) | 9901 | €5,315 | €6,586 | +€1,271 | +23.9% |
| Financial income | 75/76B | €8 | - | -€8 | |
| Recurring financial income | 75 | €8 | - | -€8 | |
| Financial charges | 65/66B | €303 | €1,002 | +€700 | +231% |
| Recurring financial charges | 65 | €303 | €1,002 | +€700 | +231% |
| Profit (loss) for the period before taxes | 9903 | €5,020 | €5,584 | +€564 | +11.2% |
| Income taxes | 67/77 | €456 | €877 | +€421 | +92.2% |
| Profit (loss) for the period | 9904 | €4,564 | €4,707 | +€143 | +3.1% |
| Profit (loss) for the period to be appropriated | 9905 | €4,564 | €4,707 | +€143 | +3.1% |
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 20 October 2026 via checked.be.