Filexpan: what changed
Two fiscal 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.
Filexpan
Largest movements
- Receivables within one year -€10,110
down €10,110 (-90.8%), from €11,140 to €1,030
of which Other amounts receivable: -€6,383
- Cash -€2,435
down €2,435 (-15.8%), from €15,377 to €12,943
mainly Tax, wage and social debts (-€9,360) and Net result for the year (-€4,137)
- Tangible fixed assets -€625
down €625 (-27.9%), from €2,243 to €1,618
- Tax, wage and social debts -€9,360
down €9,360 (-93.2%), from €10,040 to €680
- Profit (loss) carried forward -€4,137
down €4,137 (-24.3%), from €16,998 to €12,862
- Other debts +€461
up €461 (+670.2%), from €69 to €529
- Write-downs -€30,374
no longer reported in 2025 (was €30,374)
- Gross operating margin -€16,862
down €16,862, from €14,732 to -€2,130
- Financial charges -€478
down €478 (-28.5%), from €1,674 to €1,196
- Staff costs -€331
no longer reported in 2025 (was €331)
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 | €30,427 | €17,527 | -€12,900 | -42.4% |
| Fixed assets | 21/28 | €2,243 | €1,618 | -€625 | -27.9% |
| Tangible fixed assets | 22/27 | €2,243 | €1,618 | -€625 | -27.9% |
| Furniture and vehicles | 24 | €2,243 | €1,618 | -€625 | -27.9% |
| Current assets | 29/58 | €28,184 | €15,910 | -€12,274 | -43.6% |
| Amounts receivable within one year | 40/41 | €11,140 | €1,030 | -€10,110 | -90.8% |
| Trade receivables | 40 | €4,757 | €1,030 | -€3,727 | -78.3% |
| Other amounts receivable | 41 | €6,383 | - | -€6,383 | |
| Cash at bank and in hand | 54/58 | €15,377 | €12,943 | -€2,435 | -15.8% |
| Deferred charges and accrued income | 490/1 | €1,667 | €1,937 | +€271 | +16.2% |
| Total equity and liabilities | 10/49 | €30,427 | €17,527 | -€12,900 | -42.4% |
| Equity | 10/15 | €19,998 | €15,862 | -€4,137 | -20.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €16,998 | €12,862 | -€4,137 | -24.3% |
| Amounts payable | 17/49 | €10,429 | €1,666 | -€8,763 | -84.0% |
| Amounts payable within one year | 42/48 | €10,429 | €1,666 | -€8,763 | -84.0% |
| Trade debts | 44 | €320 | €457 | +€137 | +42.7% |
| Suppliers | 440/4 | €320 | €457 | +€137 | +42.7% |
| Taxes, remuneration and social security | 45 | €10,040 | €680 | -€9,360 | -93.2% |
| Taxes | 450/3 | €10,040 | €680 | -€9,360 | -93.2% |
| Other amounts payable | 47/48 | €69 | €529 | +€461 | +670.2% |
| Remuneration, social security and pensions | 62 | €331 | - | -€331 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €625 | €625 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €30,374 | - | -€30,374 | |
| Other operating charges | 640/8 | €317 | €186 | -€132 | -41.5% |
| Gross operating margin | 9900 | €14,732 | -€2,130 | -€16,862 | |
| Operating profit (loss) | 9901 | -€16,915 | -€2,941 | +€13,975 | +82.6% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,674 | €1,196 | -€478 | -28.5% |
| Recurring financial charges | 65 | €1,674 | €1,196 | -€478 | -28.5% |
| Profit (loss) for the period before taxes | 9903 | -€18,590 | -€4,137 | +€14,453 | +77.7% |
| Income taxes | 67/77 | €128 | - | -€128 | |
| Profit (loss) for the period | 9904 | -€18,717 | -€4,137 | +€14,580 | +77.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€18,717 | -€4,137 | +€14,580 | +77.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.