DA FILIPPO: 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.
DA FILIPPO
Largest movements
- Tangible fixed assets -€70,546
down €70,546 (-9.0%), from €784,699 to €714,153
- Debts after one year -€72,765
down €72,765 (-16.9%), from €429,319 to €356,554
- Profit (loss) carried forward -€67,591
down €67,591 (-42.6%), from -€158,567 to -€226,158
- Other debts +€44,695
up €44,695 (+15.4%), from €290,656 to €335,351
- Tax, wage and social debts +€29,174
up €29,174 (+99.0%), from €29,461 to €58,636
of which Remuneration and social security: +€15,254
- Trade debts -€11,353
down €11,353 (-15.3%), from €74,384 to €63,031
- Staff costs +€16,442
up €16,442 (+14.4%), from €114,219 to €130,661
- Gross operating margin +€16,340
up €16,340 (+10.8%), from €151,195 to €167,535
- Other operating charges -€12,757
down €12,757 (-50.0%), from €25,506 to €12,749
- Depreciation +€2,258
up €2,258 (+3.1%), from €72,014 to €74,272
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 | €821,769 | €741,257 | -€80,512 | -9.8% |
| Fixed assets | 21/28 | €786,254 | €716,062 | -€70,193 | -8.9% |
| Tangible fixed assets | 22/27 | €784,699 | €714,153 | -€70,546 | -9.0% |
| Land and buildings | 22 | €563,353 | €540,654 | -€22,699 | -4.0% |
| Plant, machinery and equipment | 23 | €161,250 | €130,756 | -€30,495 | -18.9% |
| Furniture and vehicles | 24 | €60,096 | €42,743 | -€17,352 | -28.9% |
| Financial fixed assets | 28 | €1,555 | €1,909 | +€353 | +22.7% |
| Current assets | 29/58 | €35,515 | €25,196 | -€10,319 | -29.1% |
| Stocks and contracts in progress | 3 | €8,096 | €4,667 | -€3,430 | -42.4% |
| Stocks | 30/36 | €8,096 | €4,667 | -€3,430 | -42.4% |
| Amounts receivable within one year | 40/41 | €14,512 | €10,278 | -€4,234 | -29.2% |
| Trade receivables | 40 | €14,509 | €10,278 | -€4,232 | -29.2% |
| Other amounts receivable | 41 | €3 | €0 | -€3 | -100% |
| Cash at bank and in hand | 54/58 | €5,085 | €2,352 | -€2,734 | -53.8% |
| Deferred charges and accrued income | 490/1 | €7,821 | €7,900 | +€79 | +1.0% |
| Total equity and liabilities | 10/49 | €821,769 | €741,257 | -€80,512 | -9.8% |
| Equity | 10/15 | -€74,686 | -€145,223 | -€70,537 | -94.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 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% |
| Profit (loss) carried forward | 14 | -€158,567 | -€226,158 | -€67,591 | -42.6% |
| Investment grants | 15 | €63,421 | €60,476 | -€2,946 | -4.6% |
| Amounts payable | 17/49 | €896,454 | €886,480 | -€9,974 | -1.1% |
| Amounts payable after more than one year | 17 | €429,319 | €356,554 | -€72,765 | -16.9% |
| Financial debts | 170/4 | €429,319 | €356,554 | -€72,765 | -16.9% |
| Amounts payable within one year | 42/48 | €466,862 | €529,783 | +€62,921 | +13.5% |
| Current portion of amounts payable after more than one year | 42 | €72,360 | €72,765 | +€405 | +0.6% |
| Trade debts | 44 | €74,384 | €63,031 | -€11,353 | -15.3% |
| Suppliers | 440/4 | €74,384 | €63,031 | -€11,353 | -15.3% |
| Taxes, remuneration and social security | 45 | €29,461 | €58,636 | +€29,174 | +99.0% |
| Taxes | 450/3 | €6,792 | €20,712 | +€13,920 | +205% |
| Remuneration and social security | 454/9 | €22,669 | €37,923 | +€15,254 | +67.3% |
| Other amounts payable | 47/48 | €290,656 | €335,351 | +€44,695 | +15.4% |
| Accrued charges and deferred income | 492/3 | €273 | €143 | -€130 | -47.5% |
| Remuneration, social security and pensions | 62 | €114,219 | €130,661 | +€16,442 | +14.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €72,014 | €74,272 | +€2,258 | +3.1% |
| Other operating charges | 640/8 | €25,506 | €12,749 | -€12,757 | -50.0% |
| Non-recurring operating charges | 66A | - | €399 | +€399 | |
| Gross operating margin | 9900 | €151,195 | €167,535 | +€16,340 | +10.8% |
| Operating profit (loss) | 9901 | -€60,544 | -€50,547 | +€9,997 | +16.5% |
| Financial income | 75/76B | €2,948 | €2,969 | +€20 | +0.7% |
| Recurring financial income | 75 | €2,948 | €2,969 | +€20 | +0.7% |
| Financial charges | 65/66B | €19,145 | €20,013 | +€868 | +4.5% |
| Recurring financial charges | 65 | €19,145 | €20,013 | +€868 | +4.5% |
| Profit (loss) for the period before taxes | 9903 | -€76,741 | -€67,591 | +€9,149 | +11.9% |
| Profit (loss) for the period | 9904 | -€76,741 | -€67,591 | +€9,149 | +11.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€76,741 | -€67,591 | +€9,149 | +11.9% |
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 24 October 2026 via checked.be.