FYdulex: 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.
FYdulex
Largest movements
- Tangible fixed assets +€50,575
up €50,575 (+1164.4%), from €4,343 to €54,918
of which Furniture and vehicles: +€46,366
- Receivables after one year -€50,000
down €50,000 (-100.0%), from €50,000 to €0
- Cash -€33,556
down €33,556 (-52.3%), from €64,137 to €30,581
mainly Contributions, distributions and other (-€100,000) and Investment in fixed assets (net) (-€60,863)
- Receivables within one year +€27,655
up €27,655 (+12.4%), from €223,767 to €251,422
of which Other amounts receivable: +€15,407
- Profit (loss) carried forward -€51,274
down €51,274 (-36.7%), from €139,724 to €88,450
- Debts after one year +€30,019
new in 2025: €30,019
- Other debts +€24,965
up €24,965 (+18.8%), from €132,695 to €157,660
- Tax, wage and social debts -€24,415
down €24,415 (-47.8%), from €51,087 to €26,673
of which Taxes: -€24,421
- Current portion of long-term debt +€8,658
new in 2025: €8,658
- Gross operating margin -€61,052
down €61,052 (-45.0%), from €135,604 to €74,552
- Taxes -€12,880
down €12,880 (-49.3%), from €26,141 to €13,262
- Depreciation +€9,640
up €9,640 (+1487.0%), from €648 to €10,288
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 | €344,538 | €336,921 | -€7,617 | -2.2% |
| Fixed assets | 21/28 | €4,343 | €54,918 | +€50,575 | +1164.4% |
| Tangible fixed assets | 22/27 | €4,343 | €54,918 | +€50,575 | +1164.4% |
| Plant, machinery and equipment | 23 | - | €4,209 | +€4,209 | |
| Furniture and vehicles | 24 | €4,343 | €50,710 | +€46,366 | +1067.5% |
| Current assets | 29/58 | €340,194 | €282,003 | -€58,191 | -17.1% |
| Amounts receivable after more than one year | 29 | €50,000 | €0 | -€50,000 | -100.0% |
| Other amounts receivable | 291 | €50,000 | €0 | -€50,000 | -100.0% |
| Amounts receivable within one year | 40/41 | €223,767 | €251,422 | +€27,655 | +12.4% |
| Trade receivables | 40 | €147,911 | €160,159 | +€12,248 | +8.3% |
| Other amounts receivable | 41 | €75,856 | €91,263 | +€15,407 | +20.3% |
| Cash at bank and in hand | 54/58 | €64,137 | €30,581 | -€33,556 | -52.3% |
| Deferred charges and accrued income | 490/1 | €2,290 | €0 | -€2,290 | -100.0% |
| Total equity and liabilities | 10/49 | €344,538 | €336,921 | -€7,617 | -2.2% |
| Equity | 10/15 | €160,277 | €109,003 | -€51,274 | -32.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,953 | €1,953 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €93 | €93 | = | 0.0% |
| Profit (loss) carried forward | 14 | €139,724 | €88,450 | -€51,274 | -36.7% |
| Amounts payable | 17/49 | €184,261 | €227,918 | +€43,657 | +23.7% |
| Amounts payable after more than one year | 17 | - | €30,019 | +€30,019 | |
| Financial debts | 170/4 | - | €30,019 | +€30,019 | |
| Amounts payable within one year | 42/48 | €184,261 | €197,422 | +€13,161 | +7.1% |
| Current portion of amounts payable after more than one year | 42 | - | €8,658 | +€8,658 | |
| Trade debts | 44 | €478 | €4,431 | +€3,953 | +827.3% |
| Suppliers | 440/4 | €478 | €4,431 | +€3,953 | +827.3% |
| Taxes, remuneration and social security | 45 | €51,087 | €26,673 | -€24,415 | -47.8% |
| Taxes | 450/3 | €48,112 | €23,691 | -€24,421 | -50.8% |
| Remuneration and social security | 454/9 | €2,975 | €2,982 | +€6 | +0.2% |
| Other amounts payable | 47/48 | €132,695 | €157,660 | +€24,965 | +18.8% |
| Accrued charges and deferred income | 492/3 | - | €477 | +€477 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €648 | €10,288 | +€9,640 | +1487.0% |
| Other operating charges | 640/8 | €331 | €810 | +€478 | +144.4% |
| Gross operating margin | 9900 | €135,604 | €74,552 | -€61,052 | -45.0% |
| Operating profit (loss) | 9901 | €134,625 | €63,455 | -€71,170 | -52.9% |
| Financial charges | 65/66B | €381 | €1,467 | +€1,086 | +285.3% |
| Recurring financial charges | 65 | €381 | €1,467 | +€1,086 | +285.3% |
| Profit (loss) for the period before taxes | 9903 | €134,244 | €61,988 | -€72,256 | -53.8% |
| Income taxes | 67/77 | €26,141 | €13,262 | -€12,880 | -49.3% |
| Profit (loss) for the period | 9904 | €108,103 | €48,726 | -€59,376 | -54.9% |
| Profit (loss) for the period to be appropriated | 9905 | €108,103 | €48,726 | -€59,376 | -54.9% |
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 9 October 2026 via checked.be.