FILIOR: 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.
FILIOR
Largest movements
- Receivables within one year -€418,075
down €418,075 (-56.6%), from €738,855 to €320,779
of which Trade receivables: -€415,942
- Current investments -€100,000
down €100,000 (-33.3%), from €300,000 to €200,000
- Stocks and contracts +€74,384
up €74,384 (+81.7%), from €90,992 to €165,376
- Cash -€24,762
down €24,762 (-11.6%), from €214,341 to €189,580
mainly Contributions, distributions and other (-€378,142) and Other debts (-€189,905)
- Intangible fixed assets +€14,802
up €14,802 (+74.0%), from €20,000 to €34,802
- Other debts -€189,905
down €189,905 (-33.4%), from €568,042 to €378,137
- Reserves -€150,000
down €150,000 (-40.8%), from €367,729 to €217,729
- Trade debts -€65,501
down €65,501 (-76.5%), from €85,601 to €20,100
- Debts after one year -€41,264
down €41,264 (-18.4%), from €224,612 to €183,348
- Gross operating margin -€387,378
down €387,378 (-48.6%), from €796,660 to €409,282
- Staff costs -€23,209
down €23,209 (-11.1%), from €209,850 to €186,640
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
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 | €1,374,377 | €921,920 | -€452,457 | -32.9% |
| Fixed assets | 21/28 | €28,701 | €46,048 | +€17,347 | +60.4% |
| Intangible fixed assets | 21 | €20,000 | €34,802 | +€14,802 | +74.0% |
| Tangible fixed assets | 22/27 | €8,701 | €11,245 | +€2,545 | +29.2% |
| Plant, machinery and equipment | 23 | €5,803 | €11,245 | +€5,443 | +93.8% |
| Furniture and vehicles | 24 | €2,898 | - | -€2,898 | |
| Current assets | 29/58 | €1,345,677 | €875,872 | -€469,804 | -34.9% |
| Stocks and contracts in progress | 3 | €90,992 | €165,376 | +€74,384 | +81.7% |
| Stocks | 30/36 | €90,992 | €165,376 | +€74,384 | +81.7% |
| Amounts receivable within one year | 40/41 | €738,855 | €320,779 | -€418,075 | -56.6% |
| Trade receivables | 40 | €733,088 | €317,146 | -€415,942 | -56.7% |
| Other amounts receivable | 41 | €5,767 | €3,633 | -€2,134 | -37.0% |
| Current investments | 50/53 | €300,000 | €200,000 | -€100,000 | -33.3% |
| Cash at bank and in hand | 54/58 | €214,341 | €189,580 | -€24,762 | -11.6% |
| Deferred charges and accrued income | 490/1 | €1,489 | €137 | -€1,352 | -90.8% |
| Total equity and liabilities | 10/49 | €1,374,377 | €921,920 | -€452,457 | -32.9% |
| Equity | 10/15 | €407,024 | €257,078 | -€149,946 | -36.8% |
| Contributions | 10/11 | €18,550 | €18,550 | = | 0.0% |
| Reserves | 13 | €367,729 | €217,729 | -€150,000 | -40.8% |
| Distributable reserves | 133 | €367,729 | €217,729 | -€150,000 | -40.8% |
| Profit (loss) carried forward | 14 | €20,744 | €20,799 | +€54 | +0.3% |
| Amounts payable | 17/49 | €967,353 | €664,842 | -€302,512 | -31.3% |
| Amounts payable after more than one year | 17 | €224,612 | €183,348 | -€41,264 | -18.4% |
| Financial debts | 170/4 | €224,612 | €183,348 | -€41,264 | -18.4% |
| Amounts payable within one year | 42/48 | €737,087 | €475,839 | -€261,247 | -35.4% |
| Current portion of amounts payable after more than one year | 42 | €39,927 | €41,264 | +€1,338 | +3.4% |
| Trade debts | 44 | €85,601 | €20,100 | -€65,501 | -76.5% |
| Suppliers | 440/4 | €85,601 | €20,100 | -€65,501 | -76.5% |
| Taxes, remuneration and social security | 45 | €43,517 | €36,339 | -€7,178 | -16.5% |
| Taxes | 450/3 | €24,517 | €18,439 | -€6,078 | -24.8% |
| Remuneration and social security | 454/9 | €19,000 | €17,900 | -€1,100 | -5.8% |
| Other amounts payable | 47/48 | €568,042 | €378,137 | -€189,905 | -33.4% |
| Accrued charges and deferred income | 492/3 | €5,655 | €5,655 | = | 0.0% |
| Non-recurring operating income | 76A | €280,244 | - | -€280,244 | |
| Remuneration, social security and pensions | 62 | €209,850 | €186,640 | -€23,209 | -11.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,785 | €12,538 | +€3,752 | +42.7% |
| Other operating charges | 640/8 | €4,186 | €4,953 | +€767 | +18.3% |
| Non-recurring operating charges | 66A | €1,041 | €1,411 | +€370 | +35.5% |
| Gross operating margin | 9900 | €796,660 | €409,282 | -€387,378 | -48.6% |
| Operating profit (loss) | 9901 | €572,798 | €203,740 | -€369,058 | -64.4% |
| Financial income | 75/76B | €57,490 | €59,414 | +€1,924 | +3.3% |
| Recurring financial income | 75 | €57,490 | €59,414 | +€1,924 | +3.3% |
| Financial charges | 65/66B | €16,833 | €14,310 | -€2,523 | -15.0% |
| Recurring financial charges | 65 | €16,833 | €14,310 | -€2,523 | -15.0% |
| Profit (loss) for the period before taxes | 9903 | €613,455 | €248,844 | -€364,611 | -59.4% |
| Income taxes | 67/77 | €22,628 | €20,647 | -€1,981 | -8.8% |
| Profit (loss) for the period | 9904 | €590,827 | €228,197 | -€362,631 | -61.4% |
| Profit (loss) for the period to be appropriated | 9905 | €590,827 | €228,197 | -€362,631 | -61.4% |
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 14 October 2026 via checked.be.