FILO CRAFT: 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.
FILO CRAFT
Largest movements
- Tangible fixed assets +€36,325
up €36,325 (+41.3%), from €87,943 to €124,268
of which Furniture and vehicles: +€40,365
- Receivables within one year +€15,826
up €15,826 (+43.7%), from €36,254 to €52,080
of which Other amounts receivable: +€17,677
- Cash -€4,541
down €4,541 (-87.4%), from €5,193 to €653
mainly Investment in fixed assets (net) (-€57,489) and Receivables within one year (-€15,826)
- Intangible fixed assets -€3,000
down €3,000 (-83.3%), from €3,600 to €600
- Tax, wage and social debts +€19,521
up €19,521 (+566%), from €3,450 to €22,971
- Debts after one year +€17,935
up €17,935 (+25.5%), from €70,304 to €88,238
- Reserves +€13,564
new in 2025: €13,564
- Current portion of long-term debt -€10,914
down €10,914 (-36.3%), from €30,057 to €19,143
- Other debts -€6,665
down €6,665 (-90.9%), from €7,330 to €666
- Gross operating margin +€21,424
up €21,424 (+65.9%), from €32,493 to €53,918
- Taxes +€5,481
new in 2025: €5,481
- Depreciation -€3,498
down €3,498 (-12.6%), from €27,661 to €24,164
- Other operating charges +€1,072
up €1,072 (+82.7%), from €1,297 to €2,369
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 | €134,074 | €178,722 | +€44,648 | +33.3% |
| Fixed assets | 21/28 | €91,543 | €124,868 | +€33,325 | +36.4% |
| Intangible fixed assets | 21 | €3,600 | €600 | -€3,000 | -83.3% |
| Tangible fixed assets | 22/27 | €87,943 | €124,268 | +€36,325 | +41.3% |
| Land and buildings | 22 | €68,980 | €66,607 | -€2,374 | -3.4% |
| Plant, machinery and equipment | 23 | €5,282 | €3,616 | -€1,666 | -31.5% |
| Furniture and vehicles | 24 | €13,680 | €54,045 | +€40,365 | +295% |
| Current assets | 29/58 | €42,531 | €53,854 | +€11,323 | +26.6% |
| Amounts receivable within one year | 40/41 | €36,254 | €52,080 | +€15,826 | +43.7% |
| Trade receivables | 40 | €33,893 | €32,042 | -€1,851 | -5.5% |
| Other amounts receivable | 41 | €2,361 | €20,038 | +€17,677 | +749% |
| Cash at bank and in hand | 54/58 | €5,193 | €653 | -€4,541 | -87.4% |
| Deferred charges and accrued income | 490/1 | €1,084 | €1,121 | +€38 | +3.5% |
| Total equity and liabilities | 10/49 | €134,074 | €178,722 | +€44,648 | +33.3% |
| Equity | 10/15 | €12,734 | €32,164 | +€19,430 | +153% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | - | €13,564 | +€13,564 | |
| Distributable reserves | 133 | - | €13,564 | +€13,564 | |
| Profit (loss) carried forward | 14 | -€5,866 | €0 | +€5,866 | |
| Amounts payable | 17/49 | €121,340 | €146,558 | +€25,219 | +20.8% |
| Amounts payable after more than one year | 17 | €70,304 | €88,238 | +€17,935 | +25.5% |
| Financial debts | 170/4 | €70,304 | €88,238 | +€17,935 | +25.5% |
| Amounts payable within one year | 42/48 | €51,036 | €58,320 | +€7,284 | +14.3% |
| Current portion of amounts payable after more than one year | 42 | €30,057 | €19,143 | -€10,914 | -36.3% |
| Trade debts | 44 | €10,198 | €15,540 | +€5,342 | +52.4% |
| Suppliers | 440/4 | €10,198 | €15,540 | +€5,342 | +52.4% |
| Taxes, remuneration and social security | 45 | €3,450 | €22,971 | +€19,521 | +566% |
| Taxes | 450/3 | €3,450 | €22,971 | +€19,521 | +566% |
| Other amounts payable | 47/48 | €7,330 | €666 | -€6,665 | -90.9% |
| Non-recurring operating income | 76A | - | €6,244 | +€6,244 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,661 | €24,164 | -€3,498 | -12.6% |
| Other operating charges | 640/8 | €1,297 | €2,369 | +€1,072 | +82.7% |
| Gross operating margin | 9900 | €32,493 | €53,918 | +€21,424 | +65.9% |
| Operating profit (loss) | 9901 | €3,535 | €27,385 | +€23,850 | +675% |
| Financial income | 75/76B | €490 | €0 | -€490 | -100% |
| Recurring financial income | 75 | €490 | €0 | -€490 | -100% |
| Financial charges | 65/66B | €2,799 | €2,474 | -€325 | -11.6% |
| Recurring financial charges | 65 | €2,799 | €2,474 | -€325 | -11.6% |
| Profit (loss) for the period before taxes | 9903 | €1,226 | €24,911 | +€23,685 | +1,932% |
| Income taxes | 67/77 | - | €5,481 | +€5,481 | |
| Profit (loss) for the period | 9904 | €1,226 | €19,430 | +€18,204 | +1,485% |
| Profit (loss) for the period to be appropriated | 9905 | €1,226 | €19,430 | +€18,204 | +1,485% |
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 21 October 2026 via checked.be.