FIVIDEK: 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.
FIVIDEK
Largest movements
- Tangible fixed assets +€1.5m
up €1.5m (+55.8%), from €2.6m to €4.1m
- Current investments -€155,000
no longer reported in 2025 (was €155,000)
- Receivables within one year -€148,002
down €148,002 (-13.1%), from €1.1m to €984,941
- Debts after one year +€1.1m
up €1.1m (+47.8%), from €2.3m to €3.3m
of which Financial debts: +€995,311
- Current portion of long-term debt +€74,572
up €74,572 (+49.9%), from €149,434 to €224,005
- Depreciation -€66,469
down €66,469 (-22.6%), from €293,915 to €227,446
- Gross operating margin -€47,026
down €47,026 (-13.4%), from €351,918 to €304,892
- Other operating charges +€4,906
up €4,906 (+29.0%), from €16,887 to €21,792
- Financial charges +€4,480
up €4,480 (+8.3%), from €53,778 to €58,259
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 | €3,916,721 | €5,066,818 | +€1.2m | +29.4% |
| Fixed assets | 21/28 | €2,611,397 | €4,069,258 | +€1.5m | +55.8% |
| Tangible fixed assets | 22/27 | €2,611,397 | €4,069,258 | +€1.5m | +55.8% |
| Other tangible fixed assets | 26 | €2,611,397 | €4,069,258 | +€1.5m | +55.8% |
| Current assets | 29/58 | €1,305,324 | €997,560 | -€307,764 | -23.6% |
| Amounts receivable within one year | 40/41 | €1,132,942 | €984,941 | -€148,002 | -13.1% |
| Other amounts receivable | 41 | €1,132,942 | €984,941 | -€148,002 | -13.1% |
| Current investments | 50/53 | €155,000 | - | -€155,000 | |
| Cash at bank and in hand | 54/58 | €11,993 | €12,620 | +€627 | +5.2% |
| Deferred charges and accrued income | 490/1 | €5,389 | - | -€5,389 | |
| Total equity and liabilities | 10/49 | €3,916,721 | €5,066,818 | +€1.2m | +29.4% |
| Equity | 10/15 | €1,471,054 | €1,479,642 | +€8,588 | +0.6% |
| Contributions | 10/11 | €544,193 | €544,193 | = | 0.0% |
| Reserves | 13 | €873,170 | €898,170 | +€25,000 | +2.9% |
| Non-distributable reserves | 130/1 | €54,420 | €54,420 | = | 0.0% |
| Reserves not available under the articles | 1311 | €54,420 | €54,420 | = | 0.0% |
| Tax-exempt reserves | 132 | €18,750 | €18,750 | = | 0.0% |
| Distributable reserves | 133 | €800,000 | €825,000 | +€25,000 | +3.1% |
| Profit (loss) carried forward | 14 | €53,691 | €37,278 | -€16,412 | -30.6% |
| Amounts payable | 17/49 | €2,445,667 | €3,587,177 | +€1.1m | +46.7% |
| Amounts payable after more than one year | 17 | €2,261,003 | €3,342,617 | +€1.1m | +47.8% |
| Financial debts | 170/4 | €1,421,271 | €2,416,583 | +€995,311 | +70.0% |
| Other amounts payable | 178/9 | €839,732 | €926,034 | +€86,302 | +10.3% |
| Amounts payable within one year | 42/48 | €184,663 | €244,560 | +€59,897 | +32.4% |
| Current portion of amounts payable after more than one year | 42 | €149,434 | €224,005 | +€74,572 | +49.9% |
| Trade debts | 44 | €35,230 | €20,026 | -€15,204 | -43.2% |
| Suppliers | 440/4 | €35,230 | €20,026 | -€15,204 | -43.2% |
| Taxes, remuneration and social security | 45 | - | €529 | +€529 | |
| Taxes | 450/3 | - | €529 | +€529 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €293,915 | €227,446 | -€66,469 | -22.6% |
| Other operating charges | 640/8 | €16,887 | €21,792 | +€4,906 | +29.0% |
| Gross operating margin | 9900 | €351,918 | €304,892 | -€47,026 | -13.4% |
| Operating profit (loss) | 9901 | €41,117 | €55,654 | +€14,537 | +35.4% |
| Financial income | 75/76B | €14,126 | €11,470 | -€2,656 | -18.8% |
| Recurring financial income | 75 | €14,126 | €11,470 | -€2,656 | -18.8% |
| Financial charges | 65/66B | €53,778 | €58,259 | +€4,480 | +8.3% |
| Recurring financial charges | 65 | €53,778 | €58,259 | +€4,480 | +8.3% |
| Profit (loss) for the period before taxes | 9903 | €1,464 | €8,865 | +€7,401 | +505% |
| Income taxes | 67/77 | - | €278 | +€278 | |
| Profit (loss) for the period | 9904 | €1,464 | €8,588 | +€7,123 | +486% |
| Profit (loss) for the period to be appropriated | 9905 | €1,464 | €8,588 | +€7,123 | +486% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 13 October 2026 via checked.be.