FILOFISC: 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.
What changed
FILOFISC
NACE 69.201, Certified accountants and tax accountants
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€102,813
2024 · €62,767+€40,045
Equity
€30,256
2024 · €27,443+€2,813
Cash
€14,315
2024 · €10,986+€3,330
Balance sheet total
€1.1m
2024 · €1.2m-€72,917
Largest movements
Assets
- Tangible fixed assets -€68,523
down €68,523 (-6.8%), from €1.0m to €944,081
of which Land and buildings: -€40,860
Equity and liabilities
- Debts after one year -€89,197
down €89,197 (-12.2%), from €730,970 to €641,773
- Other debts +€35,936
up €35,936 (+22.8%), from €157,890 to €193,826
- Short-term financial debts -€24,000
no longer reported in 2025 (was €24,000)
Income statement
- Gross operating margin +€104,466
up €104,466 (+26.3%), from €397,742 to €502,208
- Taxes +€28,559
up €28,559 (+174.6%), from €16,358 to €44,917
- Staff costs +€27,903
up €27,903 (+17.3%), from €160,860 to €188,764
- Depreciation +€6,300
up €6,300 (+6.1%), from €103,347 to €109,647
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
€62,767
Gross operating margin
+€104,466
Staff costs
-€27,903
Depreciation
-€6,300
Write-downs
-€3,613
Other operating charges
+€538
Financial income
-€7
Financial charges
+€1,424
Taxes
-€28,559
Result 2025
€102,813
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.
From operations
+€261,334
Investment
-€38,752
Financing
-€219,253
Cash 2024
€10,986
From operations (derived)
+€261,334
Net result for the year
+€102,813
Depreciation
+€109,647
Receivables within one year
+€7,901
Deferred charges and accrued income
-€2,550
Trade debts
+€9,284
Tax, wage and social debts
-€3,961
Advances received
+€1,250
Other debts
+€35,936
Accrued charges and deferred income
+€1,013
Investment (derived)
-€38,752
Investment in fixed assets (net)
-€38,752
Financing
-€219,253
Debts after one year
-€89,197
Current portion of long-term debt
-€6,056
Short-term financial debts
-€24,000
Contributions, distributions and other
-€100,000
Cash 2025
€14,315
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,160,512 | €1,087,595 | -€72,917 | -6.3% |
| Fixed assets | 21/28 | €1,017,179 | €946,283 | -€70,895 | -7.0% |
| Intangible fixed assets | 21 | €4,574 | €2,202 | -€2,372 | -51.9% |
| Tangible fixed assets | 22/27 | €1,012,604 | €944,081 | -€68,523 | -6.8% |
| Land and buildings | 22 | €875,927 | €835,067 | -€40,860 | -4.7% |
| Plant, machinery and equipment | 23 | €7,212 | €5,443 | -€1,769 | -24.5% |
| Furniture and vehicles | 24 | €44,225 | €54,133 | +€9,908 | +22.4% |
| Leasing and similar rights | 25 | €83,597 | €48,343 | -€35,254 | -42.2% |
| Other tangible fixed assets | 26 | €1,643 | €1,096 | -€548 | -33.3% |
| Current assets | 29/58 | €143,333 | €141,311 | -€2,022 | -1.4% |
| Amounts receivable within one year | 40/41 | €119,053 | €111,152 | -€7,901 | -6.6% |
| Trade receivables | 40 | €75,876 | €52,086 | -€23,790 | -31.4% |
| Other amounts receivable | 41 | €43,177 | €59,066 | +€15,889 | +36.8% |
| Cash at bank and in hand | 54/58 | €10,986 | €14,315 | +€3,330 | +30.3% |
| Deferred charges and accrued income | 490/1 | €13,295 | €15,844 | +€2,550 | +19.2% |
| Total equity and liabilities | 10/49 | €1,160,512 | €1,087,595 | -€72,917 | -6.3% |
| Equity | 10/15 | €27,443 | €30,256 | +€2,813 | +10.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €21,243 | €24,056 | +€2,813 | +13.2% |
| Distributable reserves | 133 | €21,243 | €24,056 | +€2,813 | +13.2% |
| Amounts payable | 17/49 | €1,133,069 | €1,057,339 | -€75,730 | -6.7% |
| Amounts payable after more than one year | 17 | €730,970 | €641,773 | -€89,197 | -12.2% |
| Financial debts | 170/4 | €730,970 | €641,773 | -€89,197 | -12.2% |
| Amounts payable within one year | 42/48 | €397,535 | €409,988 | +€12,453 | +3.1% |
| Current portion of amounts payable after more than one year | 42 | €155,240 | €149,184 | -€6,056 | -3.9% |
| Financial debts | 43 | €24,000 | - | -€24,000 | |
| Credit institutions | 430/8 | €24,000 | - | -€24,000 | |
| Trade debts | 44 | €1,192 | €10,477 | +€9,284 | +778.6% |
| Suppliers | 440/4 | €1,192 | €10,477 | +€9,284 | +778.6% |
| Advances received on contracts in progress | 46 | €948 | €2,198 | +€1,250 | +131.9% |
| Taxes, remuneration and social security | 45 | €58,265 | €54,304 | -€3,961 | -6.8% |
| Taxes | 450/3 | €27,382 | €25,949 | -€1,433 | -5.2% |
| Remuneration and social security | 454/9 | €30,883 | €28,355 | -€2,528 | -8.2% |
| Other amounts payable | 47/48 | €157,890 | €193,826 | +€35,936 | +22.8% |
| Accrued charges and deferred income | 492/3 | €4,564 | €5,577 | +€1,013 | +22.2% |
| Remuneration, social security and pensions | 62 | €160,860 | €188,764 | +€27,903 | +17.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €103,347 | €109,647 | +€6,300 | +6.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €2,634 | €6,247 | +€3,613 | +137.2% |
| Other operating charges | 640/8 | €17,432 | €16,894 | -€538 | -3.1% |
| Gross operating margin | 9900 | €397,742 | €502,208 | +€104,466 | +26.3% |
| Operating profit (loss) | 9901 | €113,468 | €180,656 | +€67,187 | +59.2% |
| Financial income | 75/76B | €417 | €409 | -€7 | -1.8% |
| Recurring financial income | 75 | €417 | €409 | -€7 | -1.8% |
| Financial charges | 65/66B | €34,759 | €33,335 | -€1,424 | -4.1% |
| Recurring financial charges | 65 | €34,759 | €33,335 | -€1,424 | -4.1% |
| Profit (loss) for the period before taxes | 9903 | €79,126 | €147,730 | +€68,605 | +86.7% |
| Income taxes | 67/77 | €16,358 | €44,917 | +€28,559 | +174.6% |
| Profit (loss) for the period | 9904 | €62,767 | €102,813 | +€40,045 | +63.8% |
| Profit (loss) for the period to be appropriated | 9905 | €62,767 | €102,813 | +€40,045 | +63.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 March 2024 and 31 March 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.