FIL & CO: 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.
FIL & CO
Largest movements
- Tangible fixed assets -€18,271
down €18,271 (-24.0%), from €76,058 to €57,788
of which Land and buildings: -€10,795
- Deferred charges and accrued income +€5,334
new in 2025: €5,334
- Receivables within one year +€3,522
up €3,522 (+39.0%), from €9,028 to €12,550
of which Trade receivables: +€2,465
- Cash +€2,918
up €2,918 (+44.5%), from €6,561 to €9,479
mainly Depreciation (+€18,271) and Accrued charges and deferred income (+€18,119)
- Stocks and contracts +€1,010
up €1,010 (+33.9%), from €2,980 to €3,990
- Other debts -€36,950
down €36,950 (-90.2%), from €40,964 to €4,014
- Accrued charges and deferred income +€18,119
new in 2025: €18,119
- Trade debts +€5,628
up €5,628 (+47.7%), from €11,794 to €17,422
- Advances received +€5,099
up €5,099 (+319%), from €1,600 to €6,699
- Tax, wage and social debts +€2,517
up €2,517 (+39.4%), from €6,387 to €8,903
of which Taxes: +€2,952
- Gross operating margin +€16,226
up €16,226 (+23.2%), from €69,905 to €86,131
- Depreciation +€11,323
up €11,323 (+163%), from €6,947 to €18,271
- Staff costs +€3,247
up €3,247 (+5.9%), from €55,262 to €58,509
- Other operating charges -€2,305
down €2,305 (-41.3%), from €5,581 to €3,275
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 | €94,777 | €89,291 | -€5,486 | -5.8% |
| Fixed assets | 21/28 | €76,208 | €57,938 | -€18,271 | -24.0% |
| Tangible fixed assets | 22/27 | €76,058 | €57,788 | -€18,271 | -24.0% |
| Land and buildings | 22 | €51,918 | €41,123 | -€10,795 | -20.8% |
| Plant, machinery and equipment | 23 | €22,358 | €15,477 | -€6,881 | -30.8% |
| Furniture and vehicles | 24 | €1,782 | €1,188 | -€594 | -33.3% |
| Financial fixed assets | 28 | €150 | €150 | = | 0.0% |
| Current assets | 29/58 | €18,569 | €31,353 | +€12,784 | +68.8% |
| Stocks and contracts in progress | 3 | €2,980 | €3,990 | +€1,010 | +33.9% |
| Stocks | 30/36 | €2,980 | €3,990 | +€1,010 | +33.9% |
| Amounts receivable within one year | 40/41 | €9,028 | €12,550 | +€3,522 | +39.0% |
| Trade receivables | 40 | €6,002 | €8,466 | +€2,465 | +41.1% |
| Other amounts receivable | 41 | €3,026 | €4,084 | +€1,058 | +34.9% |
| Cash at bank and in hand | 54/58 | €6,561 | €9,479 | +€2,918 | +44.5% |
| Deferred charges and accrued income | 490/1 | - | €5,334 | +€5,334 | |
| Total equity and liabilities | 10/49 | €94,777 | €89,291 | -€5,486 | -5.8% |
| Equity | 10/15 | €34,033 | €34,134 | +€102 | +0.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €35,609 | €35,609 | = | 0.0% |
| Tax-exempt reserves | 132 | €3,705 | €3,705 | = | 0.0% |
| Distributable reserves | 133 | €31,904 | €31,904 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€20,176 | -€20,074 | +€102 | +0.5% |
| Amounts payable | 17/49 | €60,745 | €55,157 | -€5,588 | -9.2% |
| Amounts payable within one year | 42/48 | €60,745 | €37,038 | -€23,706 | -39.0% |
| Trade debts | 44 | €11,794 | €17,422 | +€5,628 | +47.7% |
| Suppliers | 440/4 | €11,794 | €17,422 | +€5,628 | +47.7% |
| Advances received on contracts in progress | 46 | €1,600 | €6,699 | +€5,099 | +319% |
| Taxes, remuneration and social security | 45 | €6,387 | €8,903 | +€2,517 | +39.4% |
| Taxes | 450/3 | €2,767 | €5,719 | +€2,952 | +107% |
| Remuneration and social security | 454/9 | €3,619 | €3,184 | -€436 | -12.0% |
| Other amounts payable | 47/48 | €40,964 | €4,014 | -€36,950 | -90.2% |
| Accrued charges and deferred income | 492/3 | - | €18,119 | +€18,119 | |
| Remuneration, social security and pensions | 62 | €55,262 | €58,509 | +€3,247 | +5.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,947 | €18,271 | +€11,323 | +163% |
| Other operating charges | 640/8 | €5,581 | €3,275 | -€2,305 | -41.3% |
| Gross operating margin | 9900 | €69,905 | €86,131 | +€16,226 | +23.2% |
| Operating profit (loss) | 9901 | €2,115 | €6,076 | +€3,961 | +187% |
| Financial income | 75/76B | €1 | €1 | +€0 | +16.5% |
| Recurring financial income | 75 | €1 | €1 | +€0 | +16.5% |
| Financial charges | 65/66B | €1,908 | €2,233 | +€325 | +17.0% |
| Recurring financial charges | 65 | €1,908 | €2,233 | +€325 | +17.0% |
| Profit (loss) for the period before taxes | 9903 | €208 | €3,844 | +€3,636 | +1,751% |
| Income taxes | 67/77 | €3,073 | €3,742 | +€669 | +21.8% |
| Profit (loss) for the period | 9904 | -€2,865 | €102 | +€2,967 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,865 | €102 | +€2,967 |
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 21 October 2026 via checked.be.