FILANORA: what changed
Two fiscal 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.
FILANORA
Largest movements
- Current investments +€45,790
up €45,790 (+462.0%), from €9,912 to €55,702
- Cash +€11,141
up €11,141 (+24.9%), from €44,810 to €55,951
mainly Net result for the year (+€32,302) and Other debts (+€14,600)
- Tangible fixed assets -€10,736
down €10,736 (-45.0%), from €23,853 to €13,117
of which Furniture and vehicles: -€9,736
- Receivables within one year +€2,056
up €2,056 (+7.5%), from €27,326 to €29,382
of which Trade receivables: +€14,736
- Profit (loss) carried forward +€32,302
up €32,302 (+42.3%), from €76,315 to €108,617
- Other debts +€14,600
up €14,600 (+77.1%), from €18,935 to €33,535
- Tax, wage and social debts +€1,577
up €1,577 (+35.0%), from €4,500 to €6,077
- Gross operating margin +€25,926
up €25,926 (+81.1%), from €31,987 to €57,913
- Taxes +€7,060
up €7,060 (+131.0%), from €5,390 to €12,449
- Financial income +€1,502
up €1,502 (+15019700.0%), from €0 to €1,502
- Financial charges +€896
up €896 (+59.6%), from €1,503 to €2,399
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 | €106,619 | €154,966 | +€48,346 | +45.3% |
| Fixed assets | 21/28 | €23,853 | €13,117 | -€10,736 | -45.0% |
| Tangible fixed assets | 22/27 | €23,853 | €13,117 | -€10,736 | -45.0% |
| Furniture and vehicles | 24 | €14,900 | €5,164 | -€9,736 | -65.3% |
| Other tangible fixed assets | 26 | €8,953 | €7,953 | -€1,000 | -11.2% |
| Current assets | 29/58 | €82,766 | €141,848 | +€59,082 | +71.4% |
| Amounts receivable within one year | 40/41 | €27,326 | €29,382 | +€2,056 | +7.5% |
| Trade receivables | 40 | €14,646 | €29,382 | +€14,736 | +100.6% |
| Other amounts receivable | 41 | €12,680 | - | -€12,680 | |
| Current investments | 50/53 | €9,912 | €55,702 | +€45,790 | +462.0% |
| Cash at bank and in hand | 54/58 | €44,810 | €55,951 | +€11,141 | +24.9% |
| Deferred charges and accrued income | 490/1 | €719 | €814 | +€94 | +13.1% |
| Total equity and liabilities | 10/49 | €106,619 | €154,966 | +€48,346 | +45.3% |
| Equity | 10/15 | €81,315 | €113,617 | +€32,302 | +39.7% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €76,315 | €108,617 | +€32,302 | +42.3% |
| Amounts payable | 17/49 | €25,305 | €41,349 | +€16,044 | +63.4% |
| Amounts payable within one year | 42/48 | €25,305 | €41,349 | +€16,044 | +63.4% |
| Financial debts | 43 | €1,227 | €1,058 | -€169 | -13.8% |
| Credit institutions | 430/8 | €1,227 | €1,058 | -€169 | -13.8% |
| Trade debts | 44 | €643 | €679 | +€36 | +5.6% |
| Suppliers | 440/4 | €643 | €679 | +€36 | +5.6% |
| Taxes, remuneration and social security | 45 | €4,500 | €6,077 | +€1,577 | +35.0% |
| Taxes | 450/3 | €4,500 | €6,077 | +€1,577 | +35.0% |
| Other amounts payable | 47/48 | €18,935 | €33,535 | +€14,600 | +77.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,570 | €11,455 | -€115 | -1.0% |
| Other operating charges | 640/8 | €1,202 | €809 | -€393 | -32.7% |
| Gross operating margin | 9900 | €31,987 | €57,913 | +€25,926 | +81.1% |
| Operating profit (loss) | 9901 | €19,215 | €45,649 | +€26,434 | +137.6% |
| Financial income | 75/76B | €0 | €1,502 | +€1,502 | +15019700.0% |
| Recurring financial income | 75 | €0 | €1,502 | +€1,502 | +15019700.0% |
| Financial charges | 65/66B | €1,503 | €2,399 | +€896 | +59.6% |
| Recurring financial charges | 65 | €1,503 | €2,399 | +€896 | +59.6% |
| Profit (loss) for the period before taxes | 9903 | €17,712 | €44,751 | +€27,040 | +152.7% |
| Income taxes | 67/77 | €5,390 | €12,449 | +€7,060 | +131.0% |
| Profit (loss) for the period | 9904 | €12,322 | €32,302 | +€19,980 | +162.2% |
| Profit (loss) for the period to be appropriated | 9905 | €12,322 | €32,302 | +€19,980 | +162.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.