FILGOUD: 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.
FILGOUD
Largest movements
- Deferred charges and accrued income +€250,224
new in 2025: €250,224
- Receivables within one year +€113,486
up €113,486 (+33.3%), from €340,516 to €454,002
of which Trade receivables: +€102,824
- Other debts +€219,148
up €219,148 (+10694.8%), from €2,049 to €221,197
- Trade debts +€142,201
up €142,201 (+109.6%), from €129,790 to €271,991
- Tax, wage and social debts -€10,295
down €10,295 (-22.8%), from €45,175 to €34,880
- Gross operating margin -€445,547
down €445,547 (-85.5%), from €521,218 to €75,671
- Financial income +€201,162
new in 2025: €201,162
of which Financial income: +€201,162
- Other operating charges -€101,810
down €101,810 (-99.4%), from €102,445 to €635
- Taxes -€10,908
down €10,908 (-13.2%), from €82,368 to €71,460
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 | €605,254 | €964,190 | +€358,936 | +59.3% |
| Fixed assets | 21/28 | €20,683 | €13,920 | -€6,763 | -32.7% |
| Tangible fixed assets | 22/27 | €18,729 | €11,965 | -€6,763 | -36.1% |
| Plant, machinery and equipment | 23 | €5,257 | €2,253 | -€3,004 | -57.1% |
| Furniture and vehicles | 24 | €13,471 | €9,712 | -€3,759 | -27.9% |
| Financial fixed assets | 28 | €1,955 | €1,955 | = | 0.0% |
| Current assets | 29/58 | €584,571 | €950,270 | +€365,699 | +62.6% |
| Amounts receivable within one year | 40/41 | €340,516 | €454,002 | +€113,486 | +33.3% |
| Trade receivables | 40 | €48,244 | €151,067 | +€102,824 | +213.1% |
| Other amounts receivable | 41 | €292,272 | €302,934 | +€10,663 | +3.6% |
| Cash at bank and in hand | 54/58 | €244,056 | €246,045 | +€1,989 | +0.8% |
| Deferred charges and accrued income | 490/1 | - | €250,224 | +€250,224 | |
| Total equity and liabilities | 10/49 | €605,254 | €964,190 | +€358,936 | +59.3% |
| Equity | 10/15 | €428,240 | €436,121 | +€7,882 | +1.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €407,780 | €415,661 | +€7,882 | +1.9% |
| Amounts payable | 17/49 | €177,015 | €528,069 | +€351,054 | +198.3% |
| Amounts payable within one year | 42/48 | €177,015 | €528,069 | +€351,054 | +198.3% |
| Trade debts | 44 | €129,790 | €271,991 | +€142,201 | +109.6% |
| Suppliers | 440/4 | €129,790 | €271,991 | +€142,201 | +109.6% |
| Taxes, remuneration and social security | 45 | €45,175 | €34,880 | -€10,295 | -22.8% |
| Taxes | 450/3 | €45,175 | €34,880 | -€10,295 | -22.8% |
| Other amounts payable | 47/48 | €2,049 | €221,197 | +€219,148 | +10694.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,122 | €6,763 | -€1,359 | -16.7% |
| Other operating charges | 640/8 | €102,445 | €635 | -€101,810 | -99.4% |
| Gross operating margin | 9900 | €521,218 | €75,671 | -€445,547 | -85.5% |
| Operating profit (loss) | 9901 | €410,651 | €68,273 | -€342,378 | -83.4% |
| Financial income | 75/76B | - | €201,162 | +€201,162 | |
| Recurring financial income | 75 | - | €201,162 | +€201,162 | |
| Non-recurring financial income | 76B | - | €201,162 | +€201,162 | |
| Financial charges | 65/66B | €216 | €93 | -€123 | -56.9% |
| Recurring financial charges | 65 | €216 | €93 | -€123 | -56.9% |
| Profit (loss) for the period before taxes | 9903 | €410,435 | €269,342 | -€141,093 | -34.4% |
| Income taxes | 67/77 | €82,368 | €71,460 | -€10,908 | -13.2% |
| Profit (loss) for the period | 9904 | €328,067 | €197,882 | -€130,185 | -39.7% |
| Profit (loss) for the period to be appropriated | 9905 | €328,067 | €197,882 | -€130,185 | -39.7% |
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 30 September 2026 via checked.be.