FILCHRIS: 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.
FILCHRIS
Largest movements
- Receivables within one year +€87,572
up €87,572 (+9.5%), from €921,253 to €1.0m
of which Other amounts receivable: +€145,664
- Cash -€84,466
down €84,466 (-9.3%), from €911,109 to €826,643
mainly Debts after one year (-€187,603) and Receivables within one year (-€87,572)
- Tangible fixed assets -€59,627
down €59,627 (-3.7%), from €1.6m to €1.6m
of which Land and buildings: -€59,627
- Debts after one year -€187,603
down €187,603 (-18.2%), from €1.0m to €843,312
of which Financial debts: -€187,603
- Reserves +€143,495
up €143,495 (+6.0%), from €2.4m to €2.5m
of which Distributable reserves: +€145,277
- Gross operating margin -€220,643
down €220,643 (-58.3%), from €378,706 to €158,063
- Taxes -€25,200
down €25,200 (-86.6%), from €29,110 to €3,911
- Financial charges -€6,839
down €6,839 (-15.0%), from €45,740 to €38,902
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 | €3,936,894 | €3,896,519 | -€40,375 | -1.0% |
| Fixed assets | 21/28 | €1,764,001 | €1,704,374 | -€59,627 | -3.4% |
| Tangible fixed assets | 22/27 | €1,632,474 | €1,572,847 | -€59,627 | -3.7% |
| Land and buildings | 22 | €1,619,336 | €1,559,709 | -€59,627 | -3.7% |
| Plant, machinery and equipment | 23 | €13,138 | €13,138 | = | 0.0% |
| Financial fixed assets | 28 | €131,527 | €131,527 | = | 0.0% |
| Current assets | 29/58 | €2,172,892 | €2,192,145 | +€19,252 | +0.9% |
| Stocks and contracts in progress | 3 | €335,230 | €351,590 | +€16,360 | +4.9% |
| Stocks | 30/36 | €335,230 | €351,590 | +€16,360 | +4.9% |
| Amounts receivable within one year | 40/41 | €921,253 | €1,008,825 | +€87,572 | +9.5% |
| Trade receivables | 40 | €58,092 | €0 | -€58,092 | -100% |
| Other amounts receivable | 41 | €863,161 | €1,008,825 | +€145,664 | +16.9% |
| Cash at bank and in hand | 54/58 | €911,109 | €826,643 | -€84,466 | -9.3% |
| Deferred charges and accrued income | 490/1 | €5,301 | €5,087 | -€214 | -4.0% |
| Total equity and liabilities | 10/49 | €3,936,894 | €3,896,519 | -€40,375 | -1.0% |
| Equity | 10/15 | €2,465,681 | €2,609,176 | +€143,495 | +5.8% |
| Contributions | 10/11 | €79,326 | €79,326 | = | 0.0% |
| Capital | 10 | €79,326 | €79,326 | = | 0.0% |
| Issued capital | 100 | €79,326 | €79,326 | = | 0.0% |
| Reserves | 13 | €2,386,355 | €2,529,850 | +€143,495 | +6.0% |
| Non-distributable reserves | 130/1 | €7,933 | €7,933 | = | 0.0% |
| Legal reserve | 130 | €7,933 | €7,933 | = | 0.0% |
| Tax-exempt reserves | 132 | €398,131 | €396,348 | -€1,783 | -0.4% |
| Distributable reserves | 133 | €1,980,292 | €2,125,569 | +€145,277 | +7.3% |
| Provisions and deferred taxes | 16 | €114,076 | €113,630 | -€446 | -0.4% |
| Deferred taxes | 168 | €114,076 | €113,630 | -€446 | -0.4% |
| Amounts payable | 17/49 | €1,357,137 | €1,173,713 | -€183,424 | -13.5% |
| Amounts payable after more than one year | 17 | €1,030,915 | €843,312 | -€187,603 | -18.2% |
| Financial debts | 170/4 | €1,029,535 | €841,932 | -€187,603 | -18.2% |
| Other amounts payable | 178/9 | €1,380 | €1,380 | = | 0.0% |
| Amounts payable within one year | 42/48 | €320,582 | €326,098 | +€5,516 | +1.7% |
| Current portion of amounts payable after more than one year | 42 | €180,278 | €187,603 | +€7,325 | +4.1% |
| Trade debts | 44 | €21,633 | €20,206 | -€1,427 | -6.6% |
| Suppliers | 440/4 | €21,633 | €20,206 | -€1,427 | -6.6% |
| Advances received on contracts in progress | 46 | €114,900 | €114,900 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €2,903 | €3,050 | +€146 | +5.0% |
| Taxes | 450/3 | €2,903 | €3,050 | +€146 | +5.0% |
| Other amounts payable | 47/48 | €868 | €339 | -€529 | -61.0% |
| Accrued charges and deferred income | 492/3 | €5,640 | €4,303 | -€1,337 | -23.7% |
| Non-recurring operating income | 76A | €223,973 | €0 | -€223,973 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €64,471 | €64,623 | +€151 | +0.2% |
| Other operating charges | 640/8 | €45,883 | €46,221 | +€339 | +0.7% |
| Gross operating margin | 9900 | €378,706 | €158,063 | -€220,643 | -58.3% |
| Operating profit (loss) | 9901 | €268,352 | €47,219 | -€221,134 | -82.4% |
| Financial income | 75/76B | €139,936 | €138,643 | -€1,294 | -0.9% |
| Recurring financial income | 75 | €139,936 | €138,643 | -€1,294 | -0.9% |
| Financial charges | 65/66B | €45,740 | €38,902 | -€6,839 | -15.0% |
| Recurring financial charges | 65 | €45,740 | €38,902 | -€6,839 | -15.0% |
| Profit (loss) for the period before taxes | 9903 | €362,548 | €146,960 | -€215,589 | -59.5% |
| Transfer from deferred taxes | 780 | €346 | €446 | +€99 | +28.6% |
| Transfer to deferred taxes | 680 | €0 | - | = | |
| Income taxes | 67/77 | €29,110 | €3,911 | -€25,200 | -86.6% |
| Profit (loss) for the period | 9904 | €333,784 | €143,495 | -€190,290 | -57.0% |
| Transfer from tax-exempt reserves | 789 | €1,386 | €1,783 | +€397 | +28.6% |
| Transfer to tax-exempt reserves | 689 | €0 | - | = | |
| Profit (loss) for the period to be appropriated | 9905 | €335,170 | €145,277 | -€189,893 | -56.7% |
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 18 October 2026 via checked.be.