FILOTHEA: 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.
FILOTHEA
Largest movements
- Cash -€10,821
down €10,821 (-81.2%), from €13,327 to €2,506
mainly Net result for the year (-€33,194) and Contributions, distributions and other (-€0)
- Receivables within one year -€5,463
down €5,463 (-15.4%), from €35,519 to €30,056
of which Trade receivables: -€4,979
- Profit (loss) carried forward -€33,194
down €33,194 (-88.3%), from €37,599 to €4,405
- Other debts +€13,538
up €13,538 (+133.4%), from €10,152 to €23,690
- Tax, wage and social debts +€2,289
new in 2024: €2,289
of which Remuneration and social security: +€2,287
- Trade debts +€547
up €547 (+28.7%), from €1,906 to €2,453
- Gross operating margin -€15,150
down €15,150 (-86.3%), from -€17,558 to -€32,708
- Taxes -€1,583
no longer reported in 2024 (was €1,583)
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 | €50,657 | €34,101 | -€16,556 | -32.7% |
| Fixed assets | 21/28 | €1,811 | €1,539 | -€272 | -15.0% |
| Tangible fixed assets | 22/27 | €272 | - | -€272 | |
| Plant, machinery and equipment | 23 | €272 | - | -€272 | |
| Financial fixed assets | 28 | €1,539 | €1,539 | -€0 | 0.0% |
| Current assets | 29/58 | €48,845 | €32,562 | -€16,283 | -33.3% |
| Amounts receivable within one year | 40/41 | €35,519 | €30,056 | -€5,463 | -15.4% |
| Trade receivables | 40 | €34,546 | €29,567 | -€4,979 | -14.4% |
| Other amounts receivable | 41 | €972 | €489 | -€483 | -49.7% |
| Cash at bank and in hand | 54/58 | €13,327 | €2,506 | -€10,821 | -81.2% |
| Total equity and liabilities | 10/49 | €50,657 | €34,101 | -€16,556 | -32.7% |
| Equity | 10/15 | €38,599 | €5,405 | -€33,194 | -86.0% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €37,599 | €4,405 | -€33,194 | -88.3% |
| Amounts payable | 17/49 | €12,057 | €28,696 | +€16,639 | +138.0% |
| Amounts payable within one year | 42/48 | €12,057 | €28,432 | +€16,375 | +135.8% |
| Trade debts | 44 | €1,906 | €2,453 | +€547 | +28.7% |
| Suppliers | 440/4 | €1,906 | €2,453 | +€547 | +28.7% |
| Taxes, remuneration and social security | 45 | - | €2,289 | +€2,289 | |
| Taxes | 450/3 | - | €2 | +€2 | |
| Remuneration and social security | 454/9 | - | €2,287 | +€2,287 | |
| Other amounts payable | 47/48 | €10,152 | €23,690 | +€13,538 | +133.4% |
| Accrued charges and deferred income | 492/3 | - | €264 | +€264 | |
| Remuneration, social security and pensions | 62 | - | €123 | +€123 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €353 | €272 | -€81 | -23.0% |
| Other operating charges | 640/8 | €234 | €43 | -€191 | -81.6% |
| Non-recurring operating charges | 66A | €975 | - | -€975 | |
| Gross operating margin | 9900 | -€17,558 | -€32,708 | -€15,150 | -86.3% |
| Operating profit (loss) | 9901 | -€19,120 | -€33,146 | -€14,026 | -73.4% |
| Financial charges | 65/66B | €45 | €48 | +€3 | +6.7% |
| Recurring financial charges | 65 | €45 | €48 | +€3 | +6.7% |
| Profit (loss) for the period before taxes | 9903 | -€19,165 | -€33,194 | -€14,029 | -73.2% |
| Income taxes | 67/77 | €1,583 | - | -€1,583 | |
| Profit (loss) for the period | 9904 | -€20,749 | -€33,194 | -€12,445 | -60.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€20,749 | -€33,194 | -€12,445 | -60.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2023 and 30 June 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.