FILBECO: 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.
FILBECO
Largest movements
- Tangible fixed assets +€96,220
up €96,220 (+27.0%), from €356,499 to €452,719
of which Land and buildings: +€99,400
- Cash +€80,133
up €80,133 (+78.7%), from €101,841 to €181,974
mainly Other debts (+€189,026) and Tax, wage and social debts (+€46,087)
- Receivables within one year +€16,502
up €16,502 (+5.0%), from €327,586 to €344,088
of which Trade receivables: +€37,502
- Stocks and contracts +€15,486
up €15,486 (+30.3%), from €51,107 to €66,592
- Other debts +€189,026
up €189,026 (+91.6%), from €206,396 to €395,422
- Tax, wage and social debts +€46,087
up €46,087 (+71.3%), from €64,604 to €110,691
of which Taxes: +€23,386
- Trade debts -€44,625
down €44,625 (-44.2%), from €100,862 to €56,237
- Reserves +€36,000
up €36,000 (+31.3%), from €114,860 to €150,860
- Debts after one year -€29,087
down €29,087 (-30.2%), from €96,260 to €67,173
- Staff costs +€43,840
up €43,840 (+29.8%), from €147,107 to €190,946
- Financial charges +€20,967
up €20,967 (+66.6%), from €31,501 to €52,467
- Taxes -€18,462
down €18,462 (-46.3%), from €39,912 to €21,450
- Gross operating margin +€9,830
up €9,830 (+3.0%), from €324,293 to €334,123
- Other operating charges +€6,210
up €6,210 (+104.7%), from €5,929 to €12,139
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €837,873 | €1,051,600 | +€213,727 | +25.5% |
| Fixed assets | 21/28 | €356,499 | €452,719 | +€96,220 | +27.0% |
| Tangible fixed assets | 22/27 | €356,499 | €452,719 | +€96,220 | +27.0% |
| Land and buildings | 22 | €284,254 | €383,654 | +€99,400 | +35.0% |
| Plant, machinery and equipment | 23 | €72,245 | €69,065 | -€3,180 | -4.4% |
| Current assets | 29/58 | €481,374 | €598,882 | +€117,508 | +24.4% |
| Stocks and contracts in progress | 3 | €51,107 | €66,592 | +€15,486 | +30.3% |
| Stocks | 30/36 | €51,107 | €66,592 | +€15,486 | +30.3% |
| Amounts receivable within one year | 40/41 | €327,586 | €344,088 | +€16,502 | +5.0% |
| Trade receivables | 40 | €263,670 | €301,172 | +€37,502 | +14.2% |
| Other amounts receivable | 41 | €63,916 | €42,916 | -€21,000 | -32.9% |
| Cash at bank and in hand | 54/58 | €101,841 | €181,974 | +€80,133 | +78.7% |
| Deferred charges and accrued income | 490/1 | €840 | €6,226 | +€5,387 | +641.3% |
| Total equity and liabilities | 10/49 | €837,873 | €1,051,600 | +€213,727 | +25.5% |
| Equity | 10/15 | €317,947 | €354,590 | +€36,643 | +11.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €114,860 | €150,860 | +€36,000 | +31.3% |
| Distributable reserves | 133 | €114,860 | €150,860 | +€36,000 | +31.3% |
| Profit (loss) carried forward | 14 | €184,487 | €185,130 | +€643 | +0.3% |
| Provisions and deferred taxes | 16 | €11,618 | €11,618 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €11,618 | €11,618 | = | 0.0% |
| Major repairs and maintenance | 162 | €11,618 | €11,618 | = | 0.0% |
| Amounts payable | 17/49 | €508,309 | €685,393 | +€177,084 | +34.8% |
| Amounts payable after more than one year | 17 | €96,260 | €67,173 | -€29,087 | -30.2% |
| Financial debts | 170/4 | €96,260 | €67,173 | -€29,087 | -30.2% |
| Amounts payable within one year | 42/48 | €402,306 | €591,566 | +€189,260 | +47.0% |
| Current portion of amounts payable after more than one year | 42 | €30,444 | €29,216 | -€1,228 | -4.0% |
| Trade debts | 44 | €100,862 | €56,237 | -€44,625 | -44.2% |
| Suppliers | 440/4 | €100,862 | €56,237 | -€44,625 | -44.2% |
| Taxes, remuneration and social security | 45 | €64,604 | €110,691 | +€46,087 | +71.3% |
| Taxes | 450/3 | €44,519 | €67,904 | +€23,386 | +52.5% |
| Remuneration and social security | 454/9 | €20,086 | €42,787 | +€22,701 | +113.0% |
| Other amounts payable | 47/48 | €206,396 | €395,422 | +€189,026 | +91.6% |
| Accrued charges and deferred income | 492/3 | €9,742 | €26,654 | +€16,911 | +173.6% |
| Non-recurring operating income | 76A | - | €35,827 | +€35,827 | |
| Remuneration, social security and pensions | 62 | €147,107 | €190,946 | +€43,840 | +29.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,319 | €20,504 | -€816 | -3.8% |
| Other operating charges | 640/8 | €5,929 | €12,139 | +€6,210 | +104.7% |
| Gross operating margin | 9900 | €324,293 | €334,123 | +€9,830 | +3.0% |
| Operating profit (loss) | 9901 | €149,938 | €110,533 | -€39,405 | -26.3% |
| Financial income | 75/76B | €22 | €27 | +€4 | +19.9% |
| Recurring financial income | 75 | €22 | €27 | +€4 | +19.9% |
| Financial charges | 65/66B | €31,501 | €52,467 | +€20,967 | +66.6% |
| Recurring financial charges | 65 | €31,501 | €52,467 | +€20,967 | +66.6% |
| Profit (loss) for the period before taxes | 9903 | €118,459 | €58,093 | -€60,367 | -51.0% |
| Income taxes | 67/77 | €39,912 | €21,450 | -€18,462 | -46.3% |
| Profit (loss) for the period | 9904 | €78,547 | €36,643 | -€41,905 | -53.3% |
| Profit (loss) for the period to be appropriated | 9905 | €78,547 | €36,643 | -€41,905 | -53.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.