FILIPPA K: 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.
FILIPPA K
Largest movements
- Tangible fixed assets +€53,557
up €53,557 (+609%), from €8,794 to €62,351
of which Plant, machinery and equipment: +€55,468
- Stocks and contracts +€34,250
up €34,250 (+24.6%), from €138,971 to €173,222
- Cash +€19,341
up €19,341 (+21.3%), from €90,984 to €110,325
mainly Net result for the year (+€55,682) and Accrued charges and deferred income (+€39,144)
- Reserves +€55,682
up €55,682 (+4.1%), from €1.4m to €1.4m
- Accrued charges and deferred income +€39,144
up €39,144 (+421%), from €9,300 to €48,444
- Tax, wage and social debts +€28,967
up €28,967 (+71.4%), from €40,575 to €69,543
of which Taxes: +€40,696
- Gross operating margin -€161,448
down €161,448 (-49.1%), from €328,920 to €167,472
- Staff costs -€139,785
down €139,785 (-52.8%), from €264,787 to €125,002
- Financial income +€48,664
up €48,664 (+1,579%), from €3,081 to €51,745
- Taxes +€13,480
up €13,480 (+525%), from €2,569 to €16,048
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,578,495 | €1,692,102 | +€113,607 | +7.2% |
| Fixed assets | 21/28 | €8,794 | €62,351 | +€53,557 | +609% |
| Tangible fixed assets | 22/27 | €8,794 | €62,351 | +€53,557 | +609% |
| Plant, machinery and equipment | 23 | €4,481 | €59,948 | +€55,468 | +1,238% |
| Other tangible fixed assets | 26 | €4,314 | €2,403 | -€1,910 | -44.3% |
| Current assets | 29/58 | €1,569,701 | €1,629,750 | +€60,050 | +3.8% |
| Stocks and contracts in progress | 3 | €138,971 | €173,222 | +€34,250 | +24.6% |
| Stocks | 30/36 | €138,971 | €173,222 | +€34,250 | +24.6% |
| Amounts receivable within one year | 40/41 | €1,339,424 | €1,345,825 | +€6,402 | +0.5% |
| Trade receivables | 40 | €56,783 | €49,570 | -€7,214 | -12.7% |
| Other amounts receivable | 41 | €1,282,640 | €1,296,256 | +€13,615 | +1.1% |
| Cash at bank and in hand | 54/58 | €90,984 | €110,325 | +€19,341 | +21.3% |
| Deferred charges and accrued income | 490/1 | €322 | €379 | +€57 | +17.7% |
| Total equity and liabilities | 10/49 | €1,578,495 | €1,692,102 | +€113,607 | +7.2% |
| Equity | 10/15 | €1,450,953 | €1,506,636 | +€55,682 | +3.8% |
| Contributions | 10/11 | €100,000 | €100,000 | = | 0.0% |
| Reserves | 13 | €1,350,953 | €1,406,636 | +€55,682 | +4.1% |
| Distributable reserves | 133 | €1,350,953 | €1,406,636 | +€55,682 | +4.1% |
| Amounts payable | 17/49 | €127,541 | €185,466 | +€57,925 | +45.4% |
| Amounts payable within one year | 42/48 | €118,241 | €137,022 | +€18,781 | +15.9% |
| Trade debts | 44 | €27,666 | €10,801 | -€16,865 | -61.0% |
| Suppliers | 440/4 | €27,666 | €10,801 | -€16,865 | -61.0% |
| Taxes, remuneration and social security | 45 | €40,575 | €69,543 | +€28,967 | +71.4% |
| Taxes | 450/3 | €18,204 | €58,900 | +€40,696 | +224% |
| Remuneration and social security | 454/9 | €22,371 | €10,642 | -€11,729 | -52.4% |
| Other amounts payable | 47/48 | €50,000 | €56,678 | +€6,678 | +13.4% |
| Accrued charges and deferred income | 492/3 | €9,300 | €48,444 | +€39,144 | +421% |
| Remuneration, social security and pensions | 62 | €264,787 | €125,002 | -€139,785 | -52.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,366 | €3,121 | -€1,245 | -28.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €40 | - | -€40 | |
| Other operating charges | 640/8 | €1,964 | €3,712 | +€1,747 | +89.0% |
| Non-recurring operating charges | 66A | €15,322 | - | -€15,322 | |
| Gross operating margin | 9900 | €328,920 | €167,472 | -€161,448 | -49.1% |
| Operating profit (loss) | 9901 | €42,441 | €35,638 | -€6,804 | -16.0% |
| Financial income | 75/76B | €3,081 | €51,745 | +€48,664 | +1,579% |
| Recurring financial income | 75 | €3,081 | €51,745 | +€48,664 | +1,579% |
| Financial charges | 65/66B | €15,239 | €15,652 | +€414 | +2.7% |
| Recurring financial charges | 65 | €15,239 | €15,652 | +€414 | +2.7% |
| Profit (loss) for the period before taxes | 9903 | €30,284 | €71,731 | +€41,447 | +137% |
| Income taxes | 67/77 | €2,569 | €16,048 | +€13,480 | +525% |
| Profit (loss) for the period | 9904 | €27,715 | €55,682 | +€27,967 | +101% |
| Profit (loss) for the period to be appropriated | 9905 | €27,715 | €55,682 | +€27,967 | +101% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 October 2026 via checked.be.