Filal: 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.
Filal
Largest movements
- Tangible fixed assets -€15,252
down €15,252 (-7.0%), from €217,875 to €202,623
of which Furniture and vehicles: -€13,567
- Receivables within one year +€13,603
up €13,603 (+14.5%), from €93,699 to €107,302
of which Trade receivables: +€12,960
- Reserves +€33,432
up €33,432 (+27.1%), from €123,283 to €156,715
- Debts after one year -€25,593
down €25,593 (-19.6%), from €130,590 to €104,997
- Tax, wage and social debts -€18,500
down €18,500 (-70.7%), from €26,156 to €7,657
of which Taxes: -€21,584
- Other debts +€9,017
up €9,017 (+47.0%), from €19,172 to €28,189
- Gross operating margin +€4,539
up €4,539 (+6.4%), from €71,156 to €75,695
- Taxes +€2,730
up €2,730 (+31.3%), from €8,720 to €11,449
- Depreciation +€818
up €818 (+3.9%), from €21,150 to €21,969
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.
Cash bridge derived
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 | €335,897 | €336,547 | +€650 | +0.2% |
| Fixed assets | 21/28 | €217,875 | €202,623 | -€15,252 | -7.0% |
| Tangible fixed assets | 22/27 | €217,875 | €202,623 | -€15,252 | -7.0% |
| Land and buildings | 22 | €152,593 | €148,935 | -€3,658 | -2.4% |
| Plant, machinery and equipment | 23 | €15,516 | €13,902 | -€1,614 | -10.4% |
| Furniture and vehicles | 24 | €26,219 | €12,651 | -€13,567 | -51.7% |
| Other tangible fixed assets | 26 | €23,547 | €27,134 | +€3,588 | +15.2% |
| Current assets | 29/58 | €118,022 | €133,924 | +€15,902 | +13.5% |
| Amounts receivable within one year | 40/41 | €93,699 | €107,302 | +€13,603 | +14.5% |
| Trade receivables | 40 | €92,580 | €105,540 | +€12,960 | +14.0% |
| Other amounts receivable | 41 | €1,119 | €1,762 | +€643 | +57.5% |
| Cash at bank and in hand | 54/58 | €23,460 | €25,653 | +€2,192 | +9.3% |
| Deferred charges and accrued income | 490/1 | €863 | €970 | +€107 | +12.3% |
| Total equity and liabilities | 10/49 | €335,897 | €336,547 | +€650 | +0.2% |
| Equity | 10/15 | €128,283 | €161,715 | +€33,432 | +26.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €123,283 | €156,715 | +€33,432 | +27.1% |
| Distributable reserves | 133 | €123,283 | €156,715 | +€33,432 | +27.1% |
| Amounts payable | 17/49 | €207,614 | €174,832 | -€32,782 | -15.8% |
| Amounts payable after more than one year | 17 | €130,590 | €104,997 | -€25,593 | -19.6% |
| Financial debts | 170/4 | €130,590 | €104,997 | -€25,593 | -19.6% |
| Amounts payable within one year | 42/48 | €77,024 | €68,019 | -€9,005 | -11.7% |
| Current portion of amounts payable after more than one year | 42 | €25,204 | €25,593 | +€389 | +1.5% |
| Trade debts | 44 | €6,491 | €6,580 | +€89 | +1.4% |
| Suppliers | 440/4 | €6,491 | €6,580 | +€89 | +1.4% |
| Taxes, remuneration and social security | 45 | €26,156 | €7,657 | -€18,500 | -70.7% |
| Taxes | 450/3 | €26,156 | €4,573 | -€21,584 | -82.5% |
| Remuneration and social security | 454/9 | - | €3,084 | +€3,084 | |
| Other amounts payable | 47/48 | €19,172 | €28,189 | +€9,017 | +47.0% |
| Accrued charges and deferred income | 492/3 | €0 | €1,816 | +€1,816 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,150 | €21,969 | +€818 | +3.9% |
| Other operating charges | 640/8 | €1,004 | €1,728 | +€725 | +72.2% |
| Gross operating margin | 9900 | €71,156 | €75,695 | +€4,539 | +6.4% |
| Operating profit (loss) | 9901 | €49,001 | €51,997 | +€2,996 | +6.1% |
| Financial charges | 65/66B | €7,480 | €7,116 | -€364 | -4.9% |
| Recurring financial charges | 65 | €7,480 | €7,116 | -€364 | -4.9% |
| Profit (loss) for the period before taxes | 9903 | €41,522 | €44,881 | +€3,360 | +8.1% |
| Income taxes | 67/77 | €8,720 | €11,449 | +€2,730 | +31.3% |
| Profit (loss) for the period | 9904 | €32,802 | €33,432 | +€630 | +1.9% |
| Profit (loss) for the period to be appropriated | 9905 | €32,802 | €33,432 | +€630 | +1.9% |
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 10 October 2026 via checked.be.