FILOCIAN: 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.
What changed
FILOCIAN
NACE 68.201, Renting and operating of own or leased residential real estate, excluding social housing
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€80,669
2024 · €36,154-€116,823
Equity
€1.4m
2024 · €1.4m-€80,669
Cash
€3,923
2024 · €33,565-€29,642
Balance sheet total
€3.7m
2024 · €3.9m-€162,968
Largest movements
Assets
- Receivables within one year -€75,901
down €75,901 (-5.3%), from €1.4m to €1.4m
of which Other amounts receivable: -€75,901
- Tangible fixed assets -€41,875
down €41,875 (-6.4%), from €652,331 to €610,456
Equity and liabilities
- Profit (loss) carried forward -€71,664
down €71,664, from €24,032 to -€47,632
- Debts after one year -€65,036
down €65,036 (-4.6%), from €1.4m to €1.4m
of which Financial debts: -€65,036
Income statement
- Gross operating margin -€132,903
down €132,903 (-98.4%), from €135,004 to €2,101
- Taxes -€15,141
no longer reported in 2025 (was €15,141)
- Financial charges -€2,138
down €2,138 (-9.3%), from €23,028 to €20,890
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.
Result 2024
€36,154
Gross operating margin
-€132,903
Other operating charges
-€1,198
Financial income
-€1
Financial charges
+€2,138
Taxes
+€15,141
Result 2025
-€80,669
raises the resultlowers the result
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.
From operations
+€33,040
Investment
-€3
Financing
-€62,679
Cash 2024
€33,565
From operations (derived)
+€33,040
Net result for the year
-€80,669
Depreciation
+€41,875
Receivables within one year
+€75,901
Deferred charges and accrued income
+€15,553
Provisions
-€3,002
Trade debts
+€20,639
Other debts
-€27,512
Accrued charges and deferred income
-€9,745
Investment (derived)
-€3
Current investments
-€3
Financing
-€62,679
Debts after one year
-€65,036
Current portion of long-term debt
+€2,357
Cash 2025
€3,923
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,903,459 | €3,740,491 | -€162,968 | -4.2% |
| Fixed assets | 21/28 | €2,418,146 | €2,376,271 | -€41,875 | -1.7% |
| Tangible fixed assets | 22/27 | €652,331 | €610,456 | -€41,875 | -6.4% |
| Land and buildings | 22 | €652,331 | €610,456 | -€41,875 | -6.4% |
| Financial fixed assets | 28 | €1,765,815 | €1,765,815 | = | 0.0% |
| Current assets | 29/58 | €1,485,313 | €1,364,220 | -€121,093 | -8.2% |
| Amounts receivable within one year | 40/41 | €1,436,175 | €1,360,275 | -€75,901 | -5.3% |
| Trade receivables | 40 | €7,050 | €7,050 | = | 0.0% |
| Other amounts receivable | 41 | €1,429,125 | €1,353,225 | -€75,901 | -5.3% |
| Current investments | 50/53 | €19 | €22 | +€3 | +17.9% |
| Cash at bank and in hand | 54/58 | €33,565 | €3,923 | -€29,642 | -88.3% |
| Deferred charges and accrued income | 490/1 | €15,553 | - | -€15,553 | |
| Total equity and liabilities | 10/49 | €3,903,459 | €3,740,491 | -€162,968 | -4.2% |
| Equity | 10/15 | €1,446,867 | €1,366,197 | -€80,669 | -5.6% |
| Contributions | 10/11 | €826,818 | €826,818 | = | 0.0% |
| Reserves | 13 | €596,016 | €587,011 | -€9,005 | -1.5% |
| Tax-exempt reserves | 132 | €162,095 | €153,090 | -€9,005 | -5.6% |
| Distributable reserves | 133 | €433,921 | €433,921 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,032 | -€47,632 | -€71,664 | |
| Provisions and deferred taxes | 16 | €54,032 | €51,030 | -€3,002 | -5.6% |
| Deferred taxes | 168 | €54,032 | €51,030 | -€3,002 | -5.6% |
| Amounts payable | 17/49 | €2,402,561 | €2,323,264 | -€79,297 | -3.3% |
| Amounts payable after more than one year | 17 | €1,417,026 | €1,351,990 | -€65,036 | -4.6% |
| Financial debts | 170/4 | €567,026 | €501,990 | -€65,036 | -11.5% |
| Other amounts payable | 178/9 | €850,000 | €850,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €975,789 | €971,274 | -€4,515 | -0.5% |
| Current portion of amounts payable after more than one year | 42 | €62,679 | €65,036 | +€2,357 | +3.8% |
| Trade debts | 44 | €36,129 | €56,768 | +€20,639 | +57.1% |
| Suppliers | 440/4 | €36,129 | €56,768 | +€20,639 | +57.1% |
| Taxes, remuneration and social security | 45 | €1,141 | €1,141 | = | 0.0% |
| Taxes | 450/3 | €1,141 | €1,141 | = | 0.0% |
| Other amounts payable | 47/48 | €875,839 | €848,328 | -€27,512 | -3.1% |
| Accrued charges and deferred income | 492/3 | €9,745 | - | -€9,745 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €41,875 | €41,875 | = | 0.0% |
| Other operating charges | 640/8 | €21,812 | €23,011 | +€1,198 | +5.5% |
| Gross operating margin | 9900 | €135,004 | €2,101 | -€132,903 | -98.4% |
| Operating profit (loss) | 9901 | €71,317 | -€62,785 | -€134,101 | |
| Financial income | 75/76B | €5 | €3 | -€1 | -26.4% |
| Recurring financial income | 75 | €5 | €3 | -€1 | -26.4% |
| Financial charges | 65/66B | €23,028 | €20,890 | -€2,138 | -9.3% |
| Recurring financial charges | 65 | €23,028 | €20,890 | -€2,138 | -9.3% |
| Profit (loss) for the period before taxes | 9903 | €48,293 | -€83,671 | -€131,964 | |
| Transfer from deferred taxes | 780 | €3,002 | €3,002 | = | 0.0% |
| Income taxes | 67/77 | €15,141 | - | -€15,141 | |
| Profit (loss) for the period | 9904 | €36,154 | -€80,669 | -€116,823 | |
| Transfer from tax-exempt reserves | 789 | €9,005 | €9,005 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €45,159 | -€71,664 | -€116,823 |
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 19 October 2026 via checked.be.