FILET D'ANVERS: 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.
FILET D'ANVERS
Largest movements
- Tangible fixed assets -€74,337
down €74,337 (-79.8%), from €93,165 to €18,828
of which Furniture and vehicles: -€67,105
- Cash +€14,113
up €14,113 (+97.8%), from €14,430 to €28,542
mainly Investment in fixed assets (net) (+€63,779) and Other debts (+€25,668)
- Receivables within one year +€2,854
up €2,854 (+324%), from €882 to €3,736
of which Other amounts receivable: +€2,921
- Deferred charges and accrued income +€1,799
up €1,799 (+51.8%), from €3,475 to €5,274
- Debts after one year -€55,976
down €55,976 (-98.2%), from €56,989 to €1,014
- Profit (loss) carried forward -€26,560
down €26,560 (-119%), from -€22,271 to -€48,830
- Other debts +€25,668
up €25,668 (+106%), from €24,271 to €49,939
- Current portion of long-term debt -€4,263
down €4,263 (-64.5%), from €6,611 to €2,348
- Trade debts +€2,958
up €2,958 (+10.5%), from €28,060 to €31,018
- Depreciation -€15,157
down €15,157 (-58.9%), from €25,715 to €10,558
- Gross operating margin -€14,319
down €14,319 (-20.5%), from €69,931 to €55,611
- Other operating charges +€3,295
up €3,295 (+292%), from €1,129 to €4,424
- Staff costs -€3,265
down €3,265 (-6.3%), from €51,928 to €48,663
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 | €111,952 | €56,381 | -€55,571 | -49.6% |
| Fixed assets | 21/28 | €93,165 | €18,828 | -€74,337 | -79.8% |
| Tangible fixed assets | 22/27 | €93,165 | €18,828 | -€74,337 | -79.8% |
| Plant, machinery and equipment | 23 | €26,060 | €18,828 | -€7,232 | -27.8% |
| Furniture and vehicles | 24 | €67,105 | €0 | -€67,105 | -100% |
| Current assets | 29/58 | €18,787 | €37,553 | +€18,766 | +99.9% |
| Amounts receivable within one year | 40/41 | €882 | €3,736 | +€2,854 | +324% |
| Trade receivables | 40 | €67 | €0 | -€67 | -100% |
| Other amounts receivable | 41 | €815 | €3,736 | +€2,921 | +358% |
| Cash at bank and in hand | 54/58 | €14,430 | €28,542 | +€14,113 | +97.8% |
| Deferred charges and accrued income | 490/1 | €3,475 | €5,274 | +€1,799 | +51.8% |
| Total equity and liabilities | 10/49 | €111,952 | €56,381 | -€55,571 | -49.6% |
| Equity | 10/15 | -€7,608 | -€34,168 | -€26,560 | -349% |
| Contributions | 10/11 | €9,300 | €9,300 | = | 0.0% |
| Reserves | 13 | €5,363 | €5,363 | = | 0.0% |
| Distributable reserves | 133 | €5,363 | €5,363 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,271 | -€48,830 | -€26,560 | -119% |
| Amounts payable | 17/49 | €119,560 | €90,549 | -€29,011 | -24.3% |
| Amounts payable after more than one year | 17 | €56,989 | €1,014 | -€55,976 | -98.2% |
| Financial debts | 170/4 | €56,989 | €1,014 | -€55,976 | -98.2% |
| Amounts payable within one year | 42/48 | €62,570 | €89,535 | +€26,965 | +43.1% |
| Current portion of amounts payable after more than one year | 42 | €6,611 | €2,348 | -€4,263 | -64.5% |
| Trade debts | 44 | €28,060 | €31,018 | +€2,958 | +10.5% |
| Suppliers | 440/4 | €28,060 | €31,018 | +€2,958 | +10.5% |
| Taxes, remuneration and social security | 45 | €3,628 | €6,230 | +€2,602 | +71.7% |
| Taxes | 450/3 | €400 | €2,408 | +€2,008 | +502% |
| Remuneration and social security | 454/9 | €3,228 | €3,821 | +€593 | +18.4% |
| Other amounts payable | 47/48 | €24,271 | €49,939 | +€25,668 | +106% |
| Remuneration, social security and pensions | 62 | €51,928 | €48,663 | -€3,265 | -6.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,715 | €10,558 | -€15,157 | -58.9% |
| Other operating charges | 640/8 | €1,129 | €4,424 | +€3,295 | +292% |
| Non-recurring operating charges | 66A | - | €14,164 | +€14,164 | |
| Gross operating margin | 9900 | €69,931 | €55,611 | -€14,319 | -20.5% |
| Operating profit (loss) | 9901 | -€8,841 | -€22,197 | -€13,356 | -151% |
| Financial income | 75/76B | €0 | €1 | +€1 | +270% |
| Recurring financial income | 75 | €0 | €1 | +€1 | +270% |
| Financial charges | 65/66B | €3,936 | €4,034 | +€97 | +2.5% |
| Recurring financial charges | 65 | €3,936 | €4,034 | +€97 | +2.5% |
| Profit (loss) for the period before taxes | 9903 | -€12,777 | -€26,230 | -€13,452 | -105% |
| Income taxes | 67/77 | €400 | €330 | -€70 | -17.5% |
| Profit (loss) for the period | 9904 | -€13,177 | -€26,560 | -€13,382 | -102% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,177 | -€26,560 | -€13,382 | -102% |
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 23 October 2026 via checked.be.