Filiarcus: 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.
Filiarcus
Largest movements
- Receivables after one year -€1.4m
down €1.4m (-42.5%), from €3.2m to €1.9m
- Cash +€454,811
up €454,811 (+35.9%), from €1.3m to €1.7m
mainly Other debts (+€5.9m) and Receivables after one year (+€1.4m)
- Deferred charges and accrued income -€195,496
down €195,496 (-85.3%), from €229,136 to €33,639
- Current investments -€163,979
down €163,979 (-5.5%), from €3.0m to €2.8m
- Contributions -€7.2m
down €7.2m (-94.1%), from €7.7m to €450,000
- Other debts +€5.9m
up €5.9m (+812749.5%), from €725 to €5.9m
- Financial income -€109,550
down €109,550 (-27.5%), from €398,314 to €288,764
- Taxes -€36,100
down €36,100 (-48.8%), from €73,956 to €37,856
- Financial charges +€17,064
up €17,064 (+33.9%), from €50,311 to €67,375
of which Financial charges: +€27,511
- Depreciation +€12,626
up €12,626 (+42.8%), from €29,480 to €42,106
- Gross operating margin +€5,050
up €5,050 (+4.8%), from -€106,277 to -€101,227
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 | €7,878,844 | €6,564,247 | -€1.3m | -16.7% |
| Fixed assets | 21/28 | €192,439 | €150,333 | -€42,106 | -21.9% |
| Tangible fixed assets | 22/27 | €192,439 | €150,333 | -€42,106 | -21.9% |
| Plant, machinery and equipment | 23 | €40,282 | €33,483 | -€6,799 | -16.9% |
| Furniture and vehicles | 24 | €152,157 | €116,850 | -€35,307 | -23.2% |
| Current assets | 29/58 | €7,686,404 | €6,413,914 | -€1.3m | -16.6% |
| Amounts receivable after more than one year | 29 | €3,217,826 | €1,850,000 | -€1.4m | -42.5% |
| Other amounts receivable | 291 | €3,217,826 | €1,850,000 | -€1.4m | -42.5% |
| Current investments | 50/53 | €2,971,968 | €2,807,988 | -€163,979 | -5.5% |
| Cash at bank and in hand | 54/58 | €1,267,475 | €1,722,286 | +€454,811 | +35.9% |
| Deferred charges and accrued income | 490/1 | €229,136 | €33,639 | -€195,496 | -85.3% |
| Total equity and liabilities | 10/49 | €7,878,844 | €6,564,247 | -€1.3m | -16.7% |
| Equity | 10/15 | €7,838,552 | €646,689 | -€7.2m | -91.7% |
| Contributions | 10/11 | €7,680,945 | €450,000 | -€7.2m | -94.1% |
| Reserves | 13 | €157,607 | €196,689 | +€39,082 | +24.8% |
| Distributable reserves | 133 | €157,607 | €196,689 | +€39,082 | +24.8% |
| Amounts payable | 17/49 | €40,292 | €5,917,558 | +€5.9m | +14586.7% |
| Amounts payable within one year | 42/48 | €40,292 | €5,917,558 | +€5.9m | +14586.7% |
| Trade debts | 44 | €1,252 | €294 | -€958 | -76.5% |
| Suppliers | 440/4 | €1,252 | €294 | -€958 | -76.5% |
| Taxes, remuneration and social security | 45 | €38,315 | €23,211 | -€15,104 | -39.4% |
| Taxes | 450/3 | €38,315 | €23,211 | -€15,104 | -39.4% |
| Other amounts payable | 47/48 | €725 | €5,894,053 | +€5.9m | +812749.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,480 | €42,106 | +€12,626 | +42.8% |
| Other operating charges | 640/8 | €1,869 | €1,118 | -€751 | -40.2% |
| Gross operating margin | 9900 | -€106,277 | -€101,227 | +€5,050 | +4.8% |
| Operating profit (loss) | 9901 | -€137,626 | -€144,452 | -€6,826 | -5.0% |
| Financial income | 75/76B | €398,314 | €288,764 | -€109,550 | -27.5% |
| Recurring financial income | 75 | €398,314 | €288,764 | -€109,550 | -27.5% |
| Financial charges | 65/66B | €50,311 | €67,375 | +€17,064 | +33.9% |
| Recurring financial charges | 65 | €39,863 | €67,375 | +€27,511 | +69.0% |
| Non-recurring financial charges | 66B | €10,448 | - | -€10,448 | |
| Profit (loss) for the period before taxes | 9903 | €210,377 | €76,938 | -€133,439 | -63.4% |
| Income taxes | 67/77 | €73,956 | €37,856 | -€36,100 | -48.8% |
| Profit (loss) for the period | 9904 | €136,421 | €39,082 | -€97,339 | -71.4% |
| Profit (loss) for the period to be appropriated | 9905 | €136,421 | €39,082 | -€97,339 | -71.4% |
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.