44 FILMS: 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.
44 FILMS
Largest movements
- Receivables within one year -€30,794
down €30,794 (-98.4%), from €31,301 to €506
of which Trade receivables: -€23,505
- Cash -€7,298
down €7,298 (-2.8%), from €262,643 to €255,345
mainly Contributions, distributions and other (-€45,000) and Tax, wage and social debts (-€6,014)
- Tangible fixed assets -€4,665
down €4,665 (-54.8%), from €8,513 to €3,848
of which Other tangible fixed assets: -€2,984
- Reserves -€44,028
down €44,028 (-16.1%), from €273,073 to €229,044
of which Distributable reserves: -€44,028
- Tax, wage and social debts -€6,014
down €6,014 (-42.8%), from €14,052 to €8,037
- Other debts +€5,428
new in 2025: €5,428
- Gross operating margin -€97,373
down €97,373 (-93.7%), from €103,973 to €6,600
- Taxes -€29,949
down €29,949 (-93.9%), from €31,910 to €1,961
- Depreciation -€1,251
down €1,251 (-21.1%), from €5,916 to €4,665
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 | €302,506 | €259,749 | -€42,757 | -14.1% |
| Fixed assets | 21/28 | €8,563 | €3,898 | -€4,665 | -54.5% |
| Intangible fixed assets | 21 | €0 | €0 | = | |
| Tangible fixed assets | 22/27 | €8,513 | €3,848 | -€4,665 | -54.8% |
| Plant, machinery and equipment | 23 | €0 | €0 | = | |
| Furniture and vehicles | 24 | €2,102 | €420 | -€1,681 | -80.0% |
| Other tangible fixed assets | 26 | €6,412 | €3,428 | -€2,984 | -46.5% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €293,943 | €255,851 | -€38,092 | -13.0% |
| Amounts receivable within one year | 40/41 | €31,301 | €506 | -€30,794 | -98.4% |
| Trade receivables | 40 | €23,505 | - | -€23,505 | |
| Other amounts receivable | 41 | €7,796 | €506 | -€7,289 | -93.5% |
| Cash at bank and in hand | 54/58 | €262,643 | €255,345 | -€7,298 | -2.8% |
| Total equity and liabilities | 10/49 | €302,506 | €259,749 | -€42,757 | -14.1% |
| Equity | 10/15 | €288,422 | €244,393 | -€44,028 | -15.3% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €273,073 | €229,044 | -€44,028 | -16.1% |
| Tax-exempt reserves | 132 | €4,586 | €4,586 | = | 0.0% |
| Distributable reserves | 133 | €268,487 | €224,458 | -€44,028 | -16.4% |
| Profit (loss) carried forward | 14 | €2,949 | €2,949 | = | 0.0% |
| Amounts payable | 17/49 | €14,085 | €15,356 | +€1,271 | +9.0% |
| Amounts payable within one year | 42/48 | €14,070 | €15,356 | +€1,286 | +9.1% |
| Trade debts | 44 | €18 | €1,891 | +€1,873 | +10,319% |
| Suppliers | 440/4 | €18 | €1,891 | +€1,873 | +10,319% |
| Taxes, remuneration and social security | 45 | €14,052 | €8,037 | -€6,014 | -42.8% |
| Taxes | 450/3 | €14,052 | €8,037 | -€6,014 | -42.8% |
| Other amounts payable | 47/48 | - | €5,428 | +€5,428 | |
| Accrued charges and deferred income | 492/3 | €15 | - | -€15 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,916 | €4,665 | -€1,251 | -21.1% |
| Other operating charges | 640/8 | €749 | €520 | -€229 | -30.6% |
| Gross operating margin | 9900 | €103,973 | €6,600 | -€97,373 | -93.7% |
| Operating profit (loss) | 9901 | €97,308 | €1,415 | -€95,893 | -98.5% |
| Financial income | 75/76B | €1,190 | €1,587 | +€398 | +33.4% |
| Recurring financial income | 75 | €1,190 | €1,587 | +€398 | +33.4% |
| Financial charges | 65/66B | €39 | €70 | +€31 | +80.3% |
| Recurring financial charges | 65 | €39 | €70 | +€31 | +80.3% |
| Profit (loss) for the period before taxes | 9903 | €98,459 | €2,933 | -€95,527 | -97.0% |
| Income taxes | 67/77 | €31,910 | €1,961 | -€29,949 | -93.9% |
| Profit (loss) for the period | 9904 | €66,549 | €972 | -€65,578 | -98.5% |
| Profit (loss) for the period to be appropriated | 9905 | €66,549 | €972 | -€65,578 | -98.5% |
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 18 October 2026 via checked.be.