FILIPVDA QS: what changed
FILIPVDA QS
Largest movements
- Tangible fixed assets +€20,114
up €20,114 (+152%), from €13,207 to €33,321
of which Furniture and vehicles: +€16,338
- Cash -€8,463
down €8,463 (-28.1%), from €30,139 to €21,675
mainly Investment in fixed assets (net) (-€33,816) and Receivables within one year (-€6,870)
- Receivables within one year +€6,870
up €6,870 (+15.3%), from €44,924 to €51,794
of which Other amounts receivable: +€7,488
- Reserves +€21,878
up €21,878 (+41.5%), from €52,737 to €74,616
- Other debts -€3,266
no longer reported in 2025 (was €3,266)
- Trade debts +€3,093
up €3,093 (+156%), from €1,979 to €5,072
- Debts after one year -€2,557
no longer reported in 2025 (was €2,557)
- Current portion of long-term debt -€1,216
down €1,216 (-32.2%), from €3,773 to €2,557
- Gross operating margin +€9,191
up €9,191 (+25.0%), from €36,697 to €45,888
- Depreciation +€7,528
up €7,528 (+122%), from €6,173 to €13,702
- Taxes +€2,822
up €2,822 (+42.9%), from €6,580 to €9,403
- Financial charges -€1,016
down €1,016 (-51.6%), from €1,967 to €951
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €88,269 | €106,791 | +€18,522 | +21.0% |
| Fixed assets | 21/28 | €13,207 | €33,321 | +€20,114 | +152% |
| Tangible fixed assets | 22/27 | €13,207 | €33,321 | +€20,114 | +152% |
| Plant, machinery and equipment | 23 | €4,481 | €8,258 | +€3,776 | +84.3% |
| Furniture and vehicles | 24 | €8,725 | €25,063 | +€16,338 | +187% |
| Current assets | 29/58 | €75,063 | €73,470 | -€1,593 | -2.1% |
| Amounts receivable within one year | 40/41 | €44,924 | €51,794 | +€6,870 | +15.3% |
| Trade receivables | 40 | €39,504 | €38,886 | -€618 | -1.6% |
| Other amounts receivable | 41 | €5,420 | €12,908 | +€7,488 | +138% |
| Cash at bank and in hand | 54/58 | €30,139 | €21,675 | -€8,463 | -28.1% |
| Total equity and liabilities | 10/49 | €88,269 | €106,791 | +€18,522 | +21.0% |
| Equity | 10/15 | €71,337 | €93,216 | +€21,878 | +30.7% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €52,737 | €74,616 | +€21,878 | +41.5% |
| Distributable reserves | 133 | €52,737 | €74,616 | +€21,878 | +41.5% |
| Amounts payable | 17/49 | €16,932 | €13,575 | -€3,357 | -19.8% |
| Amounts payable after more than one year | 17 | €2,557 | - | -€2,557 | |
| Financial debts | 170/4 | €2,557 | - | -€2,557 | |
| Amounts payable within one year | 42/48 | €14,375 | €13,575 | -€800 | -5.6% |
| Current portion of amounts payable after more than one year | 42 | €3,773 | €2,557 | -€1,216 | -32.2% |
| Financial debts | 43 | €3,119 | €3,107 | -€12 | -0.4% |
| Other loans | 439 | €3,119 | €3,107 | -€12 | -0.4% |
| Trade debts | 44 | €1,979 | €5,072 | +€3,093 | +156% |
| Suppliers | 440/4 | €1,979 | €5,072 | +€3,093 | +156% |
| Taxes, remuneration and social security | 45 | €2,238 | €2,839 | +€601 | +26.9% |
| Taxes | 450/3 | €2,238 | €2,839 | +€601 | +26.9% |
| Other amounts payable | 47/48 | €3,266 | - | -€3,266 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,173 | €13,702 | +€7,528 | +122% |
| Other operating charges | 640/8 | €1,017 | €760 | -€257 | -25.2% |
| Gross operating margin | 9900 | €36,697 | €45,888 | +€9,191 | +25.0% |
| Operating profit (loss) | 9901 | €29,507 | €31,426 | +€1,919 | +6.5% |
| Financial income | 75/76B | €591 | €806 | +€214 | +36.3% |
| Recurring financial income | 75 | €591 | €806 | +€214 | +36.3% |
| Financial charges | 65/66B | €1,967 | €951 | -€1,016 | -51.6% |
| Recurring financial charges | 65 | €1,967 | €951 | -€1,016 | -51.6% |
| Profit (loss) for the period before taxes | 9903 | €28,132 | €31,281 | +€3,150 | +11.2% |
| Income taxes | 67/77 | €6,580 | €9,403 | +€2,822 | +42.9% |
| Profit (loss) for the period | 9904 | €21,551 | €21,878 | +€327 | +1.5% |
| Profit (loss) for the period to be appropriated | 9905 | €21,551 | €21,878 | +€327 | +1.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.