FILIPPUS: 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.
FILIPPUS
Largest movements
- Tangible fixed assets -€14,697
down €14,697 (-8.1%), from €181,954 to €167,257
of which Land and buildings: -€14,158
- Stocks and contracts +€13,744
up €13,744 (+9.5%), from €144,847 to €158,591
- Trade debts +€13,819
up €13,819 (+32.6%), from €42,442 to €56,262
- Profit (loss) carried forward -€12,438
down €12,438 (-23.0%), from -€54,084 to -€66,522
- Debts after one year -€8,488
down €8,488 (-10.7%), from €78,969 to €70,482
- Other debts +€4,892
up €4,892 (+3.0%), from €161,657 to €166,548
- Gross operating margin -€3,070
down €3,070 (-16.3%), from €18,822 to €15,752
- Other operating charges -€1,198
down €1,198 (-15.1%), from €7,934 to €6,736
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 | €334,401 | €333,626 | -€775 | -0.2% |
| Fixed assets | 21/28 | €181,954 | €167,257 | -€14,697 | -8.1% |
| Tangible fixed assets | 22/27 | €181,954 | €167,257 | -€14,697 | -8.1% |
| Land and buildings | 22 | €177,861 | €163,703 | -€14,158 | -8.0% |
| Other tangible fixed assets | 26 | €4,093 | €3,554 | -€539 | -13.2% |
| Current assets | 29/58 | €152,447 | €166,369 | +€13,922 | +9.1% |
| Stocks and contracts in progress | 3 | €144,847 | €158,591 | +€13,744 | +9.5% |
| Stocks | 30/36 | €144,847 | €158,591 | +€13,744 | +9.5% |
| Amounts receivable within one year | 40/41 | €3,407 | €4,041 | +€634 | +18.6% |
| Trade receivables | 40 | €2,101 | €1,931 | -€169 | -8.1% |
| Other amounts receivable | 41 | €1,306 | €2,110 | +€803 | +61.5% |
| Cash at bank and in hand | 54/58 | €3,253 | €3,120 | -€133 | -4.1% |
| Deferred charges and accrued income | 490/1 | €941 | €617 | -€324 | -34.4% |
| Total equity and liabilities | 10/49 | €334,401 | €333,626 | -€775 | -0.2% |
| Equity | 10/15 | €43,465 | €31,027 | -€12,438 | -28.6% |
| Contributions | 10/11 | €90,000 | €90,000 | = | 0.0% |
| Reserves | 13 | €7,549 | €7,549 | = | 0.0% |
| Distributable reserves | 133 | €7,549 | €7,549 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€54,084 | -€66,522 | -€12,438 | -23.0% |
| Amounts payable | 17/49 | €290,936 | €302,599 | +€11,663 | +4.0% |
| Amounts payable after more than one year | 17 | €78,969 | €70,482 | -€8,488 | -10.7% |
| Financial debts | 170/4 | €78,969 | €70,482 | -€8,488 | -10.7% |
| Amounts payable within one year | 42/48 | €211,967 | €232,117 | +€20,150 | +9.5% |
| Current portion of amounts payable after more than one year | 42 | €7,867 | €8,488 | +€620 | +7.9% |
| Trade debts | 44 | €42,442 | €56,262 | +€13,819 | +32.6% |
| Suppliers | 440/4 | €42,442 | €56,262 | +€13,819 | +32.6% |
| Advances received on contracts in progress | 46 | - | €819 | +€819 | |
| Other amounts payable | 47/48 | €161,657 | €166,548 | +€4,892 | +3.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,697 | €14,697 | = | 0.0% |
| Other operating charges | 640/8 | €7,934 | €6,736 | -€1,198 | -15.1% |
| Gross operating margin | 9900 | €18,822 | €15,752 | -€3,070 | -16.3% |
| Operating profit (loss) | 9901 | -€3,809 | -€5,681 | -€1,872 | -49.2% |
| Financial income | 75/76B | €1 | €7 | +€6 | +1207.7% |
| Recurring financial income | 75 | €1 | €7 | +€6 | +1207.7% |
| Financial charges | 65/66B | €6,689 | €6,764 | +€74 | +1.1% |
| Recurring financial charges | 65 | €6,689 | €6,764 | +€74 | +1.1% |
| Profit (loss) for the period before taxes | 9903 | -€10,498 | -€12,438 | -€1,940 | -18.5% |
| Profit (loss) for the period | 9904 | -€10,498 | -€12,438 | -€1,940 | -18.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€10,498 | -€12,438 | -€1,940 | -18.5% |
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 6 October 2026 via checked.be.