FILGRO: 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.
FILGRO
Largest movements
- Receivables within one year -€8,858
down €8,858 (-5.9%), from €149,703 to €140,844
of which Other amounts receivable: -€7,558
- Trade debts -€12,343
down €12,343 (-32.3%), from €38,189 to €25,846
- Profit (loss) carried forward +€5,698
up €5,698 (+5.2%), from -€109,523 to -€103,825
- Current portion of long-term debt -€3,582
down €3,582 (-42.5%), from €8,435 to €4,853
- Debts after one year -€3,483
down €3,483 (-27.0%), from €12,917 to €9,434
- Tax, wage and social debts +€3,138
up €3,138 (+53.9%), from €5,826 to €8,964
- Gross operating margin -€13,709
down €13,709 (-69.7%), from €19,675 to €5,965
- Taxes -€3,296
down €3,296 (-53.6%), from €6,145 to €2,849
- Financial income +€1,524
up €1,524 (+21.4%), from €7,120 to €8,644
- Staff costs -€1,135
no longer reported in 2025 (was €1,135)
- Other operating charges -€1,023
down €1,023 (-51.3%), from €1,995 to €972
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
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €154,209 | €143,977 | -€10,231 | -6.6% |
| Fixed assets | 21/28 | €4,506 | €3,133 | -€1,373 | -30.5% |
| Tangible fixed assets | 22/27 | €3,327 | €1,955 | -€1,373 | -41.3% |
| Plant, machinery and equipment | 23 | €3,327 | €1,955 | -€1,373 | -41.3% |
| Financial fixed assets | 28 | €1,179 | €1,179 | = | 0.0% |
| Current assets | 29/58 | €149,703 | €140,844 | -€8,858 | -5.9% |
| Amounts receivable within one year | 40/41 | €149,703 | €140,844 | -€8,858 | -5.9% |
| Trade receivables | 40 | €3,142 | €1,842 | -€1,300 | -41.4% |
| Other amounts receivable | 41 | €146,561 | €139,002 | -€7,558 | -5.2% |
| Total equity and liabilities | 10/49 | €154,209 | €143,977 | -€10,231 | -6.6% |
| Equity | 10/15 | €31,960 | €37,658 | +€5,698 | +17.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €122,883 | €122,883 | = | 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% |
| Tax-exempt reserves | 132 | €1,583 | €1,583 | = | 0.0% |
| Distributable reserves | 133 | €119,440 | €119,440 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€109,523 | -€103,825 | +€5,698 | +5.2% |
| Amounts payable | 17/49 | €122,248 | €106,319 | -€15,929 | -13.0% |
| Amounts payable after more than one year | 17 | €12,917 | €9,434 | -€3,483 | -27.0% |
| Financial debts | 170/4 | €12,917 | €9,434 | -€3,483 | -27.0% |
| Amounts payable within one year | 42/48 | €109,331 | €96,885 | -€12,446 | -11.4% |
| Current portion of amounts payable after more than one year | 42 | €8,435 | €4,853 | -€3,582 | -42.5% |
| Financial debts | 43 | €9,494 | €9,810 | +€316 | +3.3% |
| Credit institutions | 430/8 | €9,494 | €9,810 | +€316 | +3.3% |
| Trade debts | 44 | €38,189 | €25,846 | -€12,343 | -32.3% |
| Suppliers | 440/4 | €38,189 | €25,846 | -€12,343 | -32.3% |
| Taxes, remuneration and social security | 45 | €5,826 | €8,964 | +€3,138 | +53.9% |
| Taxes | 450/3 | €5,826 | €8,964 | +€3,138 | +53.9% |
| Other amounts payable | 47/48 | €47,387 | €47,412 | +€25 | +0.1% |
| Remuneration, social security and pensions | 62 | €1,135 | - | -€1,135 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €833 | €1,373 | +€540 | +64.9% |
| Other operating charges | 640/8 | €1,995 | €972 | -€1,023 | -51.3% |
| Gross operating margin | 9900 | €19,675 | €5,965 | -€13,709 | -69.7% |
| Operating profit (loss) | 9901 | €15,713 | €3,621 | -€12,092 | -77.0% |
| Financial income | 75/76B | €7,120 | €8,644 | +€1,524 | +21.4% |
| Recurring financial income | 75 | €7,120 | €8,644 | +€1,524 | +21.4% |
| Financial charges | 65/66B | €3,082 | €3,718 | +€635 | +20.6% |
| Recurring financial charges | 65 | €3,082 | €3,718 | +€635 | +20.6% |
| Profit (loss) for the period before taxes | 9903 | €19,750 | €8,547 | -€11,203 | -56.7% |
| Income taxes | 67/77 | €6,145 | €2,849 | -€3,296 | -53.6% |
| Profit (loss) for the period | 9904 | €13,605 | €5,698 | -€7,907 | -58.1% |
| Profit (loss) for the period to be appropriated | 9905 | €13,605 | €5,698 | -€7,907 | -58.1% |
Source: filed annual accounts (NBB), financial years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.