FILOE: 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.
FILOE
Largest movements
- Receivables within one year +€126,484
up €126,484 (+556.8%), from €22,715 to €149,199
of which Trade receivables: +€68,517
- Other debts +€105,293
up €105,293 (+148.1%), from €71,113 to €176,406
- Trade debts +€68,232
up €68,232 (+5387.8%), from €1,266 to €69,498
- Profit (loss) carried forward -€29,409
down €29,409 (-69.4%), from -€42,382 to -€71,791
- Short-term financial debts -€20,822
down €20,822 (-45.7%), from €45,585 to €24,763
- Debts after one year +€16,416
new in 2024: €16,416
- Write-downs -€80,550
no longer reported in 2024 (was €80,550)
- Gross operating margin -€20,604
down €20,604, from €15,592 to -€5,013
- Staff costs +€7,104
up €7,104 (+580.1%), from €1,225 to €8,329
- Taxes +€6,446
up €6,446 (+170.3%), from €3,785 to €10,230
- Financial charges -€1,802
down €1,802 (-27.3%), from €6,608 to €4,806
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €449,912 | €576,325 | +€126,413 | +28.1% |
| Fixed assets | 21/28 | €426,995 | €426,995 | = | 0.0% |
| Financial fixed assets | 28 | €426,995 | €426,995 | = | 0.0% |
| Current assets | 29/58 | €22,917 | €149,330 | +€126,413 | +551.6% |
| Amounts receivable within one year | 40/41 | €22,715 | €149,199 | +€126,484 | +556.8% |
| Trade receivables | 40 | €11,921 | €80,438 | +€68,517 | +574.8% |
| Other amounts receivable | 41 | €10,794 | €68,761 | +€57,967 | +537.0% |
| Current investments | 50/53 | €135 | - | -€135 | |
| Cash at bank and in hand | 54/58 | €67 | €131 | +€64 | +94.4% |
| Total equity and liabilities | 10/49 | €449,912 | €576,325 | +€126,413 | +28.1% |
| Equity | 10/15 | €316,118 | €286,709 | -€29,409 | -9.3% |
| Contributions | 10/11 | €60,000 | €60,000 | = | 0.0% |
| Reserves | 13 | €298,500 | €298,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,000 | €6,000 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,000 | €6,000 | = | 0.0% |
| Distributable reserves | 133 | €292,500 | €292,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€42,382 | -€71,791 | -€29,409 | -69.4% |
| Amounts payable | 17/49 | €133,794 | €289,616 | +€155,822 | +116.5% |
| Amounts payable after more than one year | 17 | - | €16,416 | +€16,416 | |
| Financial debts | 170/4 | - | €16,416 | +€16,416 | |
| Amounts payable within one year | 42/48 | €131,749 | €273,200 | +€141,451 | +107.4% |
| Financial debts | 43 | €45,585 | €24,763 | -€20,822 | -45.7% |
| Credit institutions | 430/8 | €45,585 | €24,763 | -€20,822 | -45.7% |
| Trade debts | 44 | €1,266 | €69,498 | +€68,232 | +5387.8% |
| Suppliers | 440/4 | €1,266 | €69,498 | +€68,232 | +5387.8% |
| Taxes, remuneration and social security | 45 | €13,785 | €2,533 | -€11,251 | -81.6% |
| Taxes | 450/3 | €13,785 | €2,533 | -€11,251 | -81.6% |
| Other amounts payable | 47/48 | €71,113 | €176,406 | +€105,293 | +148.1% |
| Accrued charges and deferred income | 492/3 | €2,045 | - | -€2,045 | |
| Remuneration, social security and pensions | 62 | €1,225 | €8,329 | +€7,104 | +580.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €80,550 | - | -€80,550 | |
| Other operating charges | 640/8 | - | €1,031 | +€1,031 | |
| Gross operating margin | 9900 | €15,592 | -€5,013 | -€20,604 | |
| Operating profit (loss) | 9901 | -€66,183 | -€14,373 | +€51,811 | +78.3% |
| Financial income | 75/76B | €872 | - | -€872 | |
| Recurring financial income | 75 | €872 | - | -€872 | |
| Financial charges | 65/66B | €6,608 | €4,806 | -€1,802 | -27.3% |
| Recurring financial charges | 65 | €6,608 | €4,806 | -€1,802 | -27.3% |
| Profit (loss) for the period before taxes | 9903 | -€71,920 | -€19,179 | +€52,741 | +73.3% |
| Income taxes | 67/77 | €3,785 | €10,230 | +€6,446 | +170.3% |
| Profit (loss) for the period | 9904 | -€75,705 | -€29,409 | +€46,295 | +61.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€75,705 | -€29,409 | +€46,295 | +61.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.