Fiedan: 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.
Fiedan
Largest movements
- Tangible fixed assets +€3,432
up €3,432 (+59.8%), from €5,737 to €9,170
of which Plant, machinery and equipment: +€2,840
- Cash +€2,726
up €2,726 (+59.3%), from €4,598 to €7,324
mainly Net result for the year (+€8,469) and Other debts (+€2,595)
- Stocks and contracts -€1,526
down €1,526 (-17.5%), from €8,706 to €7,180
- Receivables within one year -€1,268
down €1,268 (-92.0%), from €1,378 to €110
of which Trade receivables: -€712
- Deferred charges and accrued income +€344
new in 2025: €344
- Profit (loss) carried forward +€8,469
up €8,469 (+9.0%), from -€94,148 to -€85,679
- Trade debts -€6,427
down €6,427 (-44.7%), from €14,363 to €7,936
- Other debts +€2,595
up €2,595 (+3.3%), from €78,273 to €80,868
- Tax, wage and social debts -€929
down €929 (-27.9%), from €3,331 to €2,402
of which Remuneration and social security: -€2,333
- Staff costs +€13,254
up €13,254 (+28.7%), from €46,175 to €59,429
- Gross operating margin +€4,844
up €4,844 (+7.0%), from €69,014 to €73,859
- Other operating charges -€890
down €890 (-23.0%), from €3,861 to €2,972
- Taxes -€798
down €798, from €707 to -€91
- Depreciation +€750
up €750 (+72.7%), from €1,031 to €1,781
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 | €20,419 | €24,128 | +€3,708 | +18.2% |
| Fixed assets | 21/28 | €5,737 | €9,170 | +€3,432 | +59.8% |
| Tangible fixed assets | 22/27 | €5,737 | €9,170 | +€3,432 | +59.8% |
| Land and buildings | 22 | €4,175 | €3,735 | -€440 | -10.5% |
| Plant, machinery and equipment | 23 | €1,563 | €4,403 | +€2,840 | +181.7% |
| Furniture and vehicles | 24 | - | €1,032 | +€1,032 | |
| Current assets | 29/58 | €14,682 | €14,958 | +€276 | +1.9% |
| Stocks and contracts in progress | 3 | €8,706 | €7,180 | -€1,526 | -17.5% |
| Stocks | 30/36 | €8,706 | €7,180 | -€1,526 | -17.5% |
| Amounts receivable within one year | 40/41 | €1,378 | €110 | -€1,268 | -92.0% |
| Trade receivables | 40 | €822 | €110 | -€712 | -86.7% |
| Other amounts receivable | 41 | €556 | - | -€556 | |
| Cash at bank and in hand | 54/58 | €4,598 | €7,324 | +€2,726 | +59.3% |
| Deferred charges and accrued income | 490/1 | - | €344 | +€344 | |
| Total equity and liabilities | 10/49 | €20,419 | €24,128 | +€3,708 | +18.2% |
| Equity | 10/15 | -€75,548 | -€67,079 | +€8,469 | +11.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€94,148 | -€85,679 | +€8,469 | +9.0% |
| Amounts payable | 17/49 | €95,967 | €91,206 | -€4,761 | -5.0% |
| Amounts payable within one year | 42/48 | €95,967 | €91,206 | -€4,761 | -5.0% |
| Trade debts | 44 | €14,363 | €7,936 | -€6,427 | -44.7% |
| Suppliers | 440/4 | €14,363 | €7,936 | -€6,427 | -44.7% |
| Taxes, remuneration and social security | 45 | €3,331 | €2,402 | -€929 | -27.9% |
| Taxes | 450/3 | €998 | €2,402 | +€1,405 | +140.8% |
| Remuneration and social security | 454/9 | €2,333 | - | -€2,333 | |
| Other amounts payable | 47/48 | €78,273 | €80,868 | +€2,595 | +3.3% |
| Remuneration, social security and pensions | 62 | €46,175 | €59,429 | +€13,254 | +28.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,031 | €1,781 | +€750 | +72.7% |
| Other operating charges | 640/8 | €3,861 | €2,972 | -€890 | -23.0% |
| Gross operating margin | 9900 | €69,014 | €73,859 | +€4,844 | +7.0% |
| Operating profit (loss) | 9901 | €17,946 | €9,677 | -€8,270 | -46.1% |
| Financial income | 75/76B | €14 | €0 | -€14 | -99.8% |
| Recurring financial income | 75 | €14 | €0 | -€14 | -99.8% |
| Financial charges | 65/66B | €860 | €1,299 | +€439 | +51.1% |
| Recurring financial charges | 65 | €860 | €1,299 | +€439 | +51.1% |
| Profit (loss) for the period before taxes | 9903 | €17,101 | €8,378 | -€8,723 | -51.0% |
| Income taxes | 67/77 | €707 | -€91 | -€798 | |
| Profit (loss) for the period | 9904 | €16,394 | €8,469 | -€7,925 | -48.3% |
| Profit (loss) for the period to be appropriated | 9905 | €16,394 | €8,469 | -€7,925 | -48.3% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.