Advanced Filter Maintenance: what changed
What changed
Advanced Filter Maintenance
NACE 33.120, Repair and maintenance of machinery
filed annual accounts (NBB)
Net result for the year
-€28,034
2024 · -€3,487-€24,546
Equity
-€28,082
2024 · -€48-€28,034
Cash
€1,073
2024 · €473+€600
Balance sheet total
€9,975
2024 · €54,837-€44,861
Largest movements
Assets
- Stocks and contracts -€39,630
no longer reported in 2025 (was €39,630)
- Tangible fixed assets -€4,000
down €4,000 (-34.3%), from €11,660 to €7,660
- Receivables within one year -€1,277
no longer reported in 2025 (was €1,277)
- Cash +€600
up €600 (+127%), from €473 to €1,073
mainly Stocks and contracts (+€39,630) and Other debts (+€12,977)
Equity and liabilities
- Profit (loss) carried forward -€28,034
down €28,034 (-804%), from -€3,487 to -€31,521
- Current portion of long-term debt -€22,243
down €22,243 (-95.5%), from €23,289 to €1,045
- Other debts +€12,977
up €12,977 (+128%), from €10,123 to €23,100
- Trade debts -€4,223
down €4,223 (-32.3%), from €13,072 to €8,849
- Tax, wage and social debts -€3,231
down €3,231 (-55.0%), from €5,870 to €2,640
Income statement
- Gross operating margin -€24,280
down €24,280, from €4,069 to -€20,212
- Staff costs +€920
new in 2025: €920
- Financial charges -€867
down €867 (-37.6%), from €2,308 to €1,441
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€3,487
Gross operating margin
-€24,280
Staff costs
-€920
Other operating charges
-€95
Financial income
-€118
Financial charges
+€867
Taxes
+€0
Result 2025
-€28,034
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€23,020
Investment
€0
Financing
-€22,420
Cash 2024
€473
From operations (derived)
+€23,020
Net result for the year
-€28,034
Depreciation
+€4,500
Stocks and contracts
+€39,630
Receivables within one year
+€1,277
Smaller working-capital items
+€124
Trade debts
-€4,223
Tax, wage and social debts
-€3,231
Other debts
+€12,977
Financing
-€22,420
Debts after one year
-€1,045
Current portion of long-term debt
-€22,243
Short-term financial debts
+€869
Cash 2025
€1,073
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €54,837 | €9,975 | -€44,861 | -81.8% |
| Fixed assets | 21/28 | €13,118 | €8,618 | -€4,500 | -34.3% |
| Intangible fixed assets | 21 | €1,458 | €958 | -€500 | -34.3% |
| Tangible fixed assets | 22/27 | €11,660 | €7,660 | -€4,000 | -34.3% |
| Furniture and vehicles | 24 | €11,660 | €7,660 | -€4,000 | -34.3% |
| Current assets | 29/58 | €41,719 | €1,357 | -€40,361 | -96.7% |
| Stocks and contracts in progress | 3 | €39,630 | - | -€39,630 | |
| Stocks | 30/36 | €39,630 | - | -€39,630 | |
| Amounts receivable within one year | 40/41 | €1,277 | - | -€1,277 | |
| Trade receivables | 40 | €1,277 | - | -€1,277 | |
| Cash at bank and in hand | 54/58 | €473 | €1,073 | +€600 | +127% |
| Deferred charges and accrued income | 490/1 | €339 | €284 | -€55 | -16.2% |
| Total equity and liabilities | 10/49 | €54,837 | €9,975 | -€44,861 | -81.8% |
| Equity | 10/15 | -€48 | -€28,082 | -€28,034 | -58,343% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €939 | €939 | = | 0.0% |
| Distributable reserves | 133 | €939 | €939 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€3,487 | -€31,521 | -€28,034 | -804% |
| Amounts payable | 17/49 | €54,885 | €38,057 | -€16,828 | -30.7% |
| Amounts payable after more than one year | 17 | €2,043 | €998 | -€1,045 | -51.2% |
| Financial debts | 170/4 | €2,043 | €998 | -€1,045 | -51.2% |
| Amounts payable within one year | 42/48 | €52,842 | €36,991 | -€15,851 | -30.0% |
| Current portion of amounts payable after more than one year | 42 | €23,289 | €1,045 | -€22,243 | -95.5% |
| Financial debts | 43 | €488 | €1,357 | +€869 | +178% |
| Credit institutions | 430/8 | €488 | €1,357 | +€869 | +178% |
| Trade debts | 44 | €13,072 | €8,849 | -€4,223 | -32.3% |
| Suppliers | 440/4 | €13,072 | €8,849 | -€4,223 | -32.3% |
| Taxes, remuneration and social security | 45 | €5,870 | €2,640 | -€3,231 | -55.0% |
| Taxes | 450/3 | €5,870 | €2,640 | -€3,231 | -55.0% |
| Other amounts payable | 47/48 | €10,123 | €23,100 | +€12,977 | +128% |
| Accrued charges and deferred income | 492/3 | - | €69 | +€69 | |
| Remuneration, social security and pensions | 62 | - | €920 | +€920 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,500 | €4,500 | = | 0.0% |
| Other operating charges | 640/8 | €1,246 | €1,340 | +€95 | +7.6% |
| Gross operating margin | 9900 | €4,069 | -€20,212 | -€24,280 | |
| Operating profit (loss) | 9901 | -€1,677 | -€26,972 | -€25,295 | -1,508% |
| Financial income | 75/76B | €498 | €379 | -€118 | -23.8% |
| Recurring financial income | 75 | €498 | €379 | -€118 | -23.8% |
| Financial charges | 65/66B | €2,308 | €1,441 | -€867 | -37.6% |
| Recurring financial charges | 65 | €2,308 | €1,441 | -€867 | -37.6% |
| Profit (loss) for the period before taxes | 9903 | -€3,487 | -€28,034 | -€24,546 | -704% |
| Income taxes | 67/77 | €0 | - | -€0 | |
| Profit (loss) for the period | 9904 | -€3,487 | -€28,034 | -€24,546 | -704% |
| Profit (loss) for the period to be appropriated | 9905 | -€3,487 | -€28,034 | -€24,546 | -704% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.