FILANCO
InactiveFinancials · financial year 2025, micro format
Equity
€83,023▲ 137%
2024 · €35,043
Total assets
€107,752▲ 137%
2024 · €45,543
Net result
€47,980▲ 143%
2024 · €19,781
Working capital
€73,137▲ 131%
2024 · €31,689
Trend over the years
2021 to 2025, 5 financial years 2019 to 2025, 7 financial years
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 134% above 2024 and is the highest result in the available series.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€70,832
2025
Net result€47,980
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€107,752
2025
Equity€83,023
2025
Debt€24,729
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€73,137
2025
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line2019202020212022202320242025
Operating result-€1,726--€1,512▲ 12.4%€10,283€1,461▼ 85.8%€1,799▲ 23.1%€30,288▲ 1,584%€70,832▲ 134%
Net result-€1,726--€2,241▼ 29.8%€7,215€68▼ 99.1%€493▲ 626%€19,781▲ 3,910%€47,980▲ 143%
Equity€10,391-€8,150▼ 21.6%€14,701▲ 80.4%€14,769▲ 0.5%€15,263▲ 3.3%€35,043▲ 130%€83,023▲ 137%
Total assets€13,399-€11,405▼ 14.9%€32,445▲ 184%€22,939▼ 29.3%€21,517▼ 6.2%€45,543▲ 112%€107,752▲ 137%
Debt€3,009-€3,255▲ 8.2%€17,744▲ 445%€8,170▼ 54.0%€6,255▼ 23.4%€10,500▲ 67.9%€24,729▲ 136%
Working capital€6,998-€3,827▼ 45.3%€9,834▲ 157%€10,527▲ 7.1%€11,593▲ 10.1%€31,689▲ 173%€73,137▲ 131%
Turnover and EBIT margin not published: the micro format does not require them.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €107,752
Fixed assets
€9,886 ▲ 195%
Current assets
€97,867 ▲ 132%
Equity and liabilities €107,752
Equity
€83,023 ▲ 137%
Debt
€24,729 ▲ 136%
Debt's share of the balance-sheet total falls from 23.1% to 23.0%. Equity and debt are higher.
Key figures and ratios
EBITDA
€72,134▲
2024 · €30,604
Cash flow
€49,282▲
2024 · €20,097
Current ratio
3.96▼
2024 · 4.02
Debt to equity
0.30▼
2024 · 0.30
ROE
57.8%▲
2024 · 56.4%
ROA
44.5%▲
2024 · 43.4%
Interest coverage
over 100▲
2024 · 58.51
Debt ≤ 1 year
€24,729▲
2024 · €10,500
Income taxes
€24,818▲
2024 · €9,984
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €4,263 | €759 | €639 | €626 | €572 | €316 | €1,302 | ▲ 312% |
| Other operating charges640/8 | - | - | - | €1,120 | €1,038 | €2,251 | €2,129 | ▼ 5.4% |
| Gross operating margin9900 | €3,622 | €1,418 | €12,048 | €3,207 | €3,408 | €32,855 | €74,263 | ▲ 126% |
| Operating profit (loss)9901 | -€1,726 | -€1,512 | €10,283 | €1,461 | €1,799 | €30,288 | €70,832 | ▲ 134% |
| Financial income75/76B | - | - | - | €0 | - | €0 | €2,109 | ▲ 10,546,850% |
| Recurring financial income75 | €238 | €324 | €771 | €0 | - | €0 | €2,109 | ▲ 10,546,850% |
| Financial charges65/66B | - | - | - | €152 | €120 | €523 | €144 | ▼ 72.4% |
| Recurring financial charges65 | €88 | €100 | €353 | €152 | €120 | €523 | €144 | ▼ 72.4% |
| Profit (loss) for the period before taxes9903 | -€1,576 | -€1,289 | €10,700 | €1,309 | €1,679 | €29,765 | €72,797 | ▲ 145% |
| Income taxes67/77 | €150 | €952 | €3,485 | €1,241 | €1,186 | €9,984 | €24,818 | ▲ 149% |
| Profit (loss) for the period9904 | -€1,726 | -€2,241 | €7,215 | €68 | €493 | €19,781 | €47,980 | ▲ 143% |
| Transfer from tax-exempt reserves789 | - | - | - | €0 | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | -€1,726 | -€2,241 | €7,859 | €68 | €493 | €19,781 | €47,980 | ▲ 143% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €13,399 | €11,405 | €32,445 | €22,939 | €21,517 | €45,543 | €107,752 | ▲ 137% |
| Fixed assets21/28 | €5,042 | €4,907 | €4,867 | €4,242 | €3,670 | €3,354 | €9,886 | ▲ 195% |
| Tangible fixed assets22/27 | €1,942 | €1,807 | €1,767 | €1,142 | €570 | €254 | €6,786 | ▲ 2,569% |
| Land and buildings22 | - | - | - | - | - | - | €1,629 | - |
| Plant, machinery and equipment23 | - | - | - | €488 | €134 | €0 | €5,157 | - |
| Furniture and vehicles24 | - | - | - | €654 | €436 | €254 | €0 | ▼ 100% |
| Financial fixed assets28 | €3,100 | €3,100 | €3,100 | €3,100 | €3,100 | €3,100 | €3,100 | = |
| Current assets29/58 | €8,357 | €6,498 | €27,578 | €18,698 | €17,847 | €42,189 | €97,867 | ▲ 132% |
| Amounts receivable within one year40/41 | €2,512 | €5,029 | €10,825 | €5,554 | €3,814 | €5,112 | €54,609 | ▲ 968% |
| Trade receivables40 | - | - | - | €5,554 | €2,500 | €3,196 | €7,500 | ▲ 135% |
| Other amounts receivable41 | - | - | - | €0 | €1,314 | €1,916 | €47,109 | ▲ 2,359% |
| Cash at bank and in hand54/58 | €197 | €821 | €16,752 | €12,647 | €13,530 | €36,754 | €42,449 | ▲ 15.5% |
| Deferred charges and accrued income490/1 | - | - | - | €496 | €503 | €323 | €808 | ▲ 150% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €13,399 | €11,405 | €32,445 | €22,939 | €21,517 | €45,543 | €107,752 | ▲ 137% |
| Equity10/15 | €10,391 | €8,150 | €14,701 | €14,769 | €15,263 | €35,043 | €83,023 | ▲ 137% |
| Contributions10/11 | €6,200 | €6,200 | - | €6,200 | €6,200 | €6,200 | €6,200 | = |
| Reserves13 | €9,580 | €9,580 | €8,936 | €8,936 | €8,936 | €27,936 | €75,915 | ▲ 172% |
| Non-distributable reserves130/1 | - | - | - | €1,860 | €1,860 | €0 | - | - |
| Reserves not available under the articles1311 | - | - | - | €1,860 | €1,860 | €0 | - | - |
| Distributable reserves133 | - | - | - | €7,076 | €7,076 | €27,936 | €75,915 | ▲ 172% |
| Profit (loss) carried forward14 | -€5,389 | -€7,630 | -€435 | -€367 | €127 | €908 | €908 | = |
| Amounts payable17/49 | €3,009 | €3,255 | €17,744 | €8,170 | €6,255 | €10,500 | €24,729 | ▲ 136% |
| Amounts payable within one year42/48 | €1,359 | €2,671 | €17,744 | €8,170 | €6,255 | €10,500 | €24,729 | ▲ 136% |
| Trade debts44 | €1,209 | €1,616 | €3,973 | €1,940 | €48 | €0 | €1,323 | - |
| Suppliers440/4 | - | - | - | €1,940 | €48 | €0 | €1,323 | - |
| Taxes, remuneration and social security45 | - | - | - | €5,053 | €1,038 | €2,021 | €14,818 | ▲ 633% |
| Taxes450/3 | - | - | - | €2,353 | €38 | €2,021 | €14,818 | ▲ 633% |
| Remuneration and social security454/9 | - | - | - | €2,700 | €1,000 | €0 | - | - |
| Other amounts payable47/48 | - | - | - | €1,178 | €5,169 | €8,479 | €8,589 | ▲ 1.3% |
| Line | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€1,726 | -€2,241 | €7,215 | €68 | €493 | €19,781 | €47,980 | ▲ 143% |
| + Depreciation and write-downs630 | €4,263 | €759 | €639 | €626 | €572 | €316 | €1,302 | ▲ 312% |
| Operating cash flow (approximation) | €2,537 | -€1,481 | €7,854 | €694 | €1,065 | €20,097 | €49,282 | ▲ 145% |
| Investment in fixed assets (approximation) | - | -€624 | -€599 | €0 | €0 | €0 | -€7,834 | - |
| Change in cash | - | €624 | €15,931 | -€4,105 | €883 | €23,224 | €5,695 | ▼ 75.5% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 16 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-03-2025 | micro format | 21-10-2025 | 2025-00546516 |
| 31-03-2024 | micro format | 30-10-2024 | 2024-00524573 |
| 31-03-2023 | micro format | 05-10-2023 | 2023-00472573 |
| 31-03-2022 | micro format | 13-10-2022 | 2022-20459211 |
| 31-03-2021 | micro format | 01-10-2021 | 2021-70700076 |
| 31-03-2020 | micro format | 09-10-2020 | 2020-60500055 |
| 31-03-2019 | micro format | 31-10-2019 | 2019-72800338 |
| 31-03-2018 | abbreviated format | 30-10-2018 | 2018-71000205 |
| 31-03-2017 | abbreviated format | 31-10-2017 | 2017-68800297 |
| 31-03-2016 | abbreviated format | 31-10-2016 | 2016-67100222 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.