FILNIC: 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.
FILNIC
Largest movements
- Cash -€10,477
down €10,477 (-39.8%), from €26,296 to €15,819
mainly Net result for the year (-€8,349) and Trade debts (-€5,323)
- Tangible fixed assets -€2,972
down €2,972 (-37.2%), from €7,999 to €5,027
of which Plant, machinery and equipment: -€1,980
- Receivables within one year +€648
up €648 (+18.1%), from €3,577 to €4,225
of which Other amounts receivable: +€944
- Profit (loss) carried forward -€8,349
down €8,349 (-123.7%), from -€6,748 to -€15,097
- Trade debts -€5,323
down €5,323 (-43.4%), from €12,254 to €6,931
- Tax, wage and social debts +€1,274
up €1,274 (+11.8%), from €10,783 to €12,057
of which Taxes: +€2,193
- Staff costs +€14,238
up €14,238 (+16.4%), from €86,779 to €101,017
- Depreciation -€9,646
down €9,646 (-76.4%), from €12,618 to €2,972
- Gross operating margin -€6,935
down €6,935 (-6.9%), from €100,395 to €93,460
- Financial income +€3,272
up €3,272 (+2346.0%), from €139 to €3,411
of which Non-recurring financial income: +€3,386
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 | €45,539 | €33,140 | -€12,399 | -27.2% |
| Fixed assets | 21/28 | €8,248 | €5,276 | -€2,972 | -36.0% |
| Tangible fixed assets | 22/27 | €7,999 | €5,027 | -€2,972 | -37.2% |
| Plant, machinery and equipment | 23 | €5,642 | €3,662 | -€1,980 | -35.1% |
| Furniture and vehicles | 24 | €1,983 | €1,365 | -€618 | -31.2% |
| Other tangible fixed assets | 26 | €374 | - | -€374 | |
| Financial fixed assets | 28 | €249 | €249 | +€0 | +0.2% |
| Current assets | 29/58 | €37,291 | €27,864 | -€9,427 | -25.3% |
| Stocks and contracts in progress | 3 | €1,450 | €1,830 | +€380 | +26.2% |
| Stocks | 30/36 | €1,450 | €1,830 | +€380 | +26.2% |
| Amounts receivable within one year | 40/41 | €3,577 | €4,225 | +€648 | +18.1% |
| Trade receivables | 40 | €296 | - | -€296 | |
| Other amounts receivable | 41 | €3,281 | €4,225 | +€944 | +28.8% |
| Current investments | 50/53 | €1,930 | €1,955 | +€25 | +1.3% |
| Cash at bank and in hand | 54/58 | €26,296 | €15,819 | -€10,477 | -39.8% |
| Deferred charges and accrued income | 490/1 | €4,038 | €4,035 | -€3 | -0.1% |
| Total equity and liabilities | 10/49 | €45,539 | €33,140 | -€12,399 | -27.2% |
| Equity | 10/15 | €12,552 | €4,203 | -€8,349 | -66.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Outside capital | 11 | - | €18,600 | +€18,600 | |
| Other | 1109/19 | - | €18,600 | +€18,600 | |
| Reserves | 13 | €700 | €700 | = | 0.0% |
| Non-distributable reserves | 130/1 | €700 | €700 | = | 0.0% |
| Reserves not available under the articles | 1311 | €700 | €700 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€6,748 | -€15,097 | -€8,349 | -123.7% |
| Amounts payable | 17/49 | €32,986 | €28,937 | -€4,049 | -12.3% |
| Amounts payable within one year | 42/48 | €32,986 | €28,937 | -€4,049 | -12.3% |
| Trade debts | 44 | €12,254 | €6,931 | -€5,323 | -43.4% |
| Suppliers | 440/4 | €12,254 | €6,931 | -€5,323 | -43.4% |
| Taxes, remuneration and social security | 45 | €10,783 | €12,057 | +€1,274 | +11.8% |
| Taxes | 450/3 | €988 | €3,181 | +€2,193 | +222.0% |
| Remuneration and social security | 454/9 | €9,796 | €8,876 | -€920 | -9.4% |
| Other amounts payable | 47/48 | €9,949 | €9,949 | -€0 | 0.0% |
| Non-recurring operating income | 76A | €6,489 | - | -€6,489 | |
| Remuneration, social security and pensions | 62 | €86,779 | €101,017 | +€14,238 | +16.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,618 | €2,972 | -€9,646 | -76.4% |
| Other operating charges | 640/8 | €746 | €1,112 | +€366 | +49.1% |
| Gross operating margin | 9900 | €100,395 | €93,460 | -€6,935 | -6.9% |
| Operating profit (loss) | 9901 | €252 | -€11,641 | -€11,893 | |
| Financial income | 75/76B | €139 | €3,411 | +€3,272 | +2346.0% |
| Recurring financial income | 75 | €139 | €25 | -€114 | -82.1% |
| Non-recurring financial income | 76B | - | €3,386 | +€3,386 | |
| Financial charges | 65/66B | €140 | €119 | -€21 | -14.9% |
| Recurring financial charges | 65 | €140 | €119 | -€21 | -14.9% |
| Profit (loss) for the period before taxes | 9903 | €252 | -€8,349 | -€8,601 | |
| Profit (loss) for the period | 9904 | €252 | -€8,349 | -€8,601 | |
| Profit (loss) for the period to be appropriated | 9905 | €252 | -€8,349 | -€8,601 |
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 4 October 2026 via checked.be.