FILD: 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.
FILD
Largest movements
- Tangible fixed assets +€223,340
up €223,340 (+25.1%), from €890,369 to €1.1m
of which Land and buildings: +€229,390
- Cash -€83,199
down €83,199 (-85.9%), from €96,894 to €13,695
mainly Investment in fixed assets (net) (-€293,920) and Debts after one year (-€17,417)
- Receivables within one year -€20,165
down €20,165 (-9.8%), from €205,606 to €185,441
- Deferred charges and accrued income -€14,660
down €14,660 (-64.5%), from €22,736 to €8,076
- Other debts +€110,875
up €110,875 (+84.2%), from €131,736 to €242,611
- Debts after one year -€17,417
down €17,417 (-10.6%), from €164,417 to €147,000
- Gross operating margin -€25,817
down €25,817 (-11.4%), from €226,493 to €200,676
- Taxes -€11,713
down €11,713 (-66.3%), from €17,654 to €5,942
- Depreciation +€11,358
up €11,358 (+19.2%), from €59,222 to €70,580
- Staff costs +€6,631
up €6,631 (+8.5%), from €78,206 to €84,838
- Financial charges +€3,475
up €3,475 (+25.3%), from €13,735 to €17,210
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 | €1,215,605 | €1,320,922 | +€105,317 | +8.7% |
| Fixed assets | 21/28 | €890,369 | €1,113,709 | +€223,340 | +25.1% |
| Tangible fixed assets | 22/27 | €890,369 | €1,113,709 | +€223,340 | +25.1% |
| Land and buildings | 22 | €869,137 | €1,098,526 | +€229,390 | +26.4% |
| Plant, machinery and equipment | 23 | €8,129 | €6,361 | -€1,768 | -21.7% |
| Furniture and vehicles | 24 | €13,103 | €8,822 | -€4,282 | -32.7% |
| Current assets | 29/58 | €325,236 | €207,212 | -€118,023 | -36.3% |
| Amounts receivable within one year | 40/41 | €205,606 | €185,441 | -€20,165 | -9.8% |
| Other amounts receivable | 41 | €205,606 | €185,441 | -€20,165 | -9.8% |
| Cash at bank and in hand | 54/58 | €96,894 | €13,695 | -€83,199 | -85.9% |
| Deferred charges and accrued income | 490/1 | €22,736 | €8,076 | -€14,660 | -64.5% |
| Total equity and liabilities | 10/49 | €1,215,605 | €1,320,922 | +€105,317 | +8.7% |
| Equity | 10/15 | €860,453 | €871,526 | +€11,074 | +1.3% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €798,325 | €808,612 | +€10,287 | +1.3% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Tax-exempt reserves | 132 | €30,127 | €22,415 | -€7,713 | -25.6% |
| Distributable reserves | 133 | €762,000 | €780,000 | +€18,000 | +2.4% |
| Profit (loss) carried forward | 14 | €154 | €941 | +€786 | +509% |
| Provisions and deferred taxes | 16 | €8,427 | €5,856 | -€2,571 | -30.5% |
| Deferred taxes | 168 | €8,427 | €5,856 | -€2,571 | -30.5% |
| Amounts payable | 17/49 | €346,725 | €443,539 | +€96,814 | +27.9% |
| Amounts payable after more than one year | 17 | €164,417 | €147,000 | -€17,417 | -10.6% |
| Financial debts | 170/4 | €164,417 | €147,000 | -€17,417 | -10.6% |
| Amounts payable within one year | 42/48 | €177,065 | €280,824 | +€103,759 | +58.6% |
| Current portion of amounts payable after more than one year | 42 | €25,000 | €17,417 | -€7,583 | -30.3% |
| Trade debts | 44 | €10,203 | €11,368 | +€1,166 | +11.4% |
| Suppliers | 440/4 | €10,203 | €11,368 | +€1,166 | +11.4% |
| Taxes, remuneration and social security | 45 | €10,126 | €9,428 | -€698 | -6.9% |
| Taxes | 450/3 | €2,247 | €2,247 | = | 0.0% |
| Remuneration and social security | 454/9 | €7,879 | €7,181 | -€698 | -8.9% |
| Other amounts payable | 47/48 | €131,736 | €242,611 | +€110,875 | +84.2% |
| Accrued charges and deferred income | 492/3 | €5,243 | €15,715 | +€10,471 | +200% |
| Remuneration, social security and pensions | 62 | €78,206 | €84,838 | +€6,631 | +8.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €59,222 | €70,580 | +€11,358 | +19.2% |
| Other operating charges | 640/8 | €13,231 | €13,604 | +€373 | +2.8% |
| Gross operating margin | 9900 | €226,493 | €200,676 | -€25,817 | -11.4% |
| Operating profit (loss) | 9901 | €75,834 | €31,654 | -€44,180 | -58.3% |
| Financial income | 75/76B | €0 | €0 | +€0 | |
| Recurring financial income | 75 | €0 | €0 | +€0 | |
| Financial charges | 65/66B | €13,735 | €17,210 | +€3,475 | +25.3% |
| Recurring financial charges | 65 | €13,735 | €17,210 | +€3,475 | +25.3% |
| Profit (loss) for the period before taxes | 9903 | €62,099 | €14,444 | -€47,655 | -76.7% |
| Transfer from deferred taxes | 780 | €2,571 | €2,571 | +€0 | 0.0% |
| Income taxes | 67/77 | €17,654 | €5,942 | -€11,713 | -66.3% |
| Profit (loss) for the period | 9904 | €47,016 | €11,074 | -€35,942 | -76.4% |
| Transfer from tax-exempt reserves | 789 | €7,713 | €7,713 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €54,728 | €18,786 | -€35,942 | -65.7% |
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 19 October 2026 via checked.be.