FILIAE CONSTRUCT: 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.
FILIAE CONSTRUCT
Largest movements
- Stocks and contracts +€815,228
up €815,228 (+490.0%), from €166,358 to €981,586
of which Stocks: +€648,732
- Cash +€122,768
up €122,768 (+395.7%), from €31,023 to €153,791
mainly Short-term financial debts (+€619,000) and Other debts (+€317,112)
- Receivables within one year -€11,886
down €11,886 (-51.2%), from €23,203 to €11,317
of which Other amounts receivable: -€11,886
- Short-term financial debts +€619,000
new in 2025: €619,000
of which Other loans: +€400,000
- Other debts +€317,112
up €317,112 (+328.6%), from €96,516 to €413,628
- Reserves -€13,197
down €13,197 (-29.5%), from €44,690 to €31,493
- Gross operating margin -€88,467
down €88,467, from €81,226 to -€7,241
- Taxes -€14,915
down €14,915 (-100.0%), from €14,915 to €0
- Financial charges +€2,340
up €2,340 (+77.4%), from €3,023 to €5,364
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 | €220,584 | €1,146,693 | +€926,110 | +419.8% |
| Current assets | 29/58 | €220,584 | €1,146,693 | +€926,110 | +419.8% |
| Stocks and contracts in progress | 3 | €166,358 | €981,586 | +€815,228 | +490.0% |
| Stocks | 30/36 | €166,358 | €815,089 | +€648,732 | +390.0% |
| Contracts in progress | 37 | €0 | €166,497 | +€166,497 | |
| Amounts receivable within one year | 40/41 | €23,203 | €11,317 | -€11,886 | -51.2% |
| Trade receivables | 40 | €0 | - | = | |
| Other amounts receivable | 41 | €23,203 | €11,317 | -€11,886 | -51.2% |
| Cash at bank and in hand | 54/58 | €31,023 | €153,791 | +€122,768 | +395.7% |
| Total equity and liabilities | 10/49 | €220,584 | €1,146,693 | +€926,110 | +419.8% |
| Equity | 10/15 | €94,665 | €81,468 | -€13,197 | -13.9% |
| Contributions | 10/11 | €49,975 | €49,975 | = | 0.0% |
| Reserves | 13 | €44,690 | €31,493 | -€13,197 | -29.5% |
| Distributable reserves | 133 | €44,690 | €31,493 | -€13,197 | -29.5% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €125,919 | €1,065,226 | +€939,307 | +746.0% |
| Amounts payable within one year | 42/48 | €125,919 | €1,055,440 | +€929,521 | +738.2% |
| Financial debts | 43 | - | €619,000 | +€619,000 | |
| Credit institutions | 430/8 | - | €219,000 | +€219,000 | |
| Other loans | 439 | - | €400,000 | +€400,000 | |
| Trade debts | 44 | €14,488 | €7,898 | -€6,590 | -45.5% |
| Suppliers | 440/4 | €14,488 | €7,898 | -€6,590 | -45.5% |
| Taxes, remuneration and social security | 45 | €14,915 | €14,915 | = | 0.0% |
| Taxes | 450/3 | €14,915 | €14,915 | = | 0.0% |
| Other amounts payable | 47/48 | €96,516 | €413,628 | +€317,112 | +328.6% |
| Accrued charges and deferred income | 492/3 | €0 | €9,785 | +€9,785 | |
| Other operating charges | 640/8 | €578 | €593 | +€14 | +2.5% |
| Gross operating margin | 9900 | €81,226 | -€7,241 | -€88,467 | |
| Operating profit (loss) | 9901 | €80,648 | -€7,834 | -€88,482 | |
| Financial income | 75/76B | €0 | €0 | +€0 | +900.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +900.0% |
| Financial charges | 65/66B | €3,023 | €5,364 | +€2,340 | +77.4% |
| Recurring financial charges | 65 | €3,023 | €5,364 | +€2,340 | +77.4% |
| Profit (loss) for the period before taxes | 9903 | €77,625 | -€13,197 | -€90,822 | |
| Income taxes | 67/77 | €14,915 | €0 | -€14,915 | -100.0% |
| Profit (loss) for the period | 9904 | €62,710 | -€13,197 | -€75,908 | |
| Profit (loss) for the period to be appropriated | 9905 | €62,710 | -€13,197 | -€75,908 |
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 12 October 2026 via checked.be.