FILCAH: 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.
FILCAH
Largest movements
- Receivables within one year +€14,121
up €14,121 (+80.3%), from €17,587 to €31,709
of which Trade receivables: +€14,362
- Tangible fixed assets -€8,536
down €8,536 (-27.9%), from €30,610 to €22,075
of which Plant, machinery and equipment: -€5,546
- Stocks and contracts +€6,335
up €6,335 (+48.2%), from €13,156 to €19,491
- Cash -€3,168
down €3,168 (-12.0%), from €26,394 to €23,225
mainly Receivables within one year (-€14,121) and Net result for the year (-€13,662)
- Profit (loss) carried forward -€13,662
down €13,662 (-282.6%), from -€4,835 to -€18,497
- Trade debts +€11,718
up €11,718 (+181.9%), from €6,442 to €18,160
- Accrued charges and deferred income +€7,598
up €7,598 (+73.0%), from €10,410 to €18,008
- Other debts +€5,562
up €5,562 (+14.2%), from €39,167 to €44,730
- Tax, wage and social debts -€2,112
no longer reported in 2025 (was €2,112)
- Gross operating margin -€7,454
down €7,454, from €3,332 to -€4,122
- Write-downs +€2,593
no longer reported in 2025 (was -€2,593)
- Other operating charges -€1,339
down €1,339 (-59.5%), from €2,250 to €911
- Depreciation +€738
up €738 (+9.5%), from €7,798 to €8,536
- Financial income -€310
down €310 (-86.9%), from €357 to €47
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 | €87,909 | €97,012 | +€9,104 | +10.4% |
| Fixed assets | 21/28 | €30,610 | €22,075 | -€8,536 | -27.9% |
| Tangible fixed assets | 22/27 | €30,610 | €22,075 | -€8,536 | -27.9% |
| Plant, machinery and equipment | 23 | €18,136 | €12,590 | -€5,546 | -30.6% |
| Furniture and vehicles | 24 | €12,475 | €9,485 | -€2,990 | -24.0% |
| Current assets | 29/58 | €57,298 | €74,938 | +€17,640 | +30.8% |
| Stocks and contracts in progress | 3 | €13,156 | €19,491 | +€6,335 | +48.2% |
| Stocks | 30/36 | €13,156 | €19,491 | +€6,335 | +48.2% |
| Amounts receivable within one year | 40/41 | €17,587 | €31,709 | +€14,121 | +80.3% |
| Trade receivables | 40 | €12,615 | €26,977 | +€14,362 | +113.8% |
| Other amounts receivable | 41 | €4,972 | €4,732 | -€241 | -4.8% |
| Cash at bank and in hand | 54/58 | €26,394 | €23,225 | -€3,168 | -12.0% |
| Deferred charges and accrued income | 490/1 | €161 | €513 | +€352 | +218.4% |
| Total equity and liabilities | 10/49 | €87,909 | €97,012 | +€9,104 | +10.4% |
| Equity | 10/15 | €29,777 | €16,115 | -€13,662 | -45.9% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Reserves | 13 | €33,612 | €33,612 | = | 0.0% |
| Distributable reserves | 133 | €33,612 | €33,612 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€4,835 | -€18,497 | -€13,662 | -282.6% |
| Amounts payable | 17/49 | €58,131 | €80,898 | +€22,766 | +39.2% |
| Amounts payable within one year | 42/48 | €47,722 | €62,890 | +€15,168 | +31.8% |
| Trade debts | 44 | €6,442 | €18,160 | +€11,718 | +181.9% |
| Suppliers | 440/4 | €6,442 | €18,160 | +€11,718 | +181.9% |
| Taxes, remuneration and social security | 45 | €2,112 | - | -€2,112 | |
| Taxes | 450/3 | €2,112 | - | -€2,112 | |
| Other amounts payable | 47/48 | €39,167 | €44,730 | +€5,562 | +14.2% |
| Accrued charges and deferred income | 492/3 | €10,410 | €18,008 | +€7,598 | +73.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,798 | €8,536 | +€738 | +9.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€2,593 | - | +€2,593 | |
| Other operating charges | 640/8 | €2,250 | €911 | -€1,339 | -59.5% |
| Non-recurring operating charges | 66A | €911 | - | -€911 | |
| Gross operating margin | 9900 | €3,332 | -€4,122 | -€7,454 | |
| Operating profit (loss) | 9901 | -€5,033 | -€13,568 | -€8,535 | -169.6% |
| Financial income | 75/76B | €357 | €47 | -€310 | -86.9% |
| Recurring financial income | 75 | €357 | €47 | -€310 | -86.9% |
| Financial charges | 65/66B | €147 | €141 | -€6 | -4.0% |
| Recurring financial charges | 65 | €147 | €141 | -€6 | -4.0% |
| Profit (loss) for the period before taxes | 9903 | -€4,823 | -€13,662 | -€8,839 | -183.3% |
| Income taxes | 67/77 | €11 | - | -€11 | |
| Profit (loss) for the period | 9904 | -€4,835 | -€13,662 | -€8,828 | -182.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€4,835 | -€13,662 | -€8,828 | -182.6% |
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 12 October 2026 via checked.be.