FILOVIC: 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.
FILOVIC
Largest movements
- Intangible fixed assets -€26,000
down €26,000 (-66.7%), from €39,000 to €13,000
- Tangible fixed assets -€19,844
down €19,844 (-47.1%), from €42,111 to €22,267
of which Furniture and vehicles: -€11,352
- Cash +€15,000
up €15,000 (+54.5%), from €27,500 to €42,500
mainly Depreciation (+€48,374) and Net result for the year (+€15,105)
- Stocks and contracts -€5,999
down €5,999 (-27.8%), from €21,587 to €15,588
- Receivables within one year +€2,141
up €2,141 (+289.0%), from €741 to €2,882
of which Trade receivables: +€2,038
- Other debts -€47,298
down €47,298 (-99.7%), from €47,423 to €125
- Current portion of long-term debt -€16,959
down €16,959 (-38.8%), from €43,680 to €26,721
- Profit (loss) carried forward +€15,105
up €15,105 (+23.2%), from -€65,109 to -€50,004
- Tax, wage and social debts +€14,602
up €14,602 (+44.5%), from €32,778 to €47,380
of which Remuneration and social security: +€11,020
- Trade debts -€4,106
down €4,106 (-28.4%), from €14,435 to €10,329
- Staff costs -€28,109
down €28,109 (-10.2%), from €275,875 to €247,766
- Gross operating margin -€17,974
down €17,974 (-5.2%), from €344,080 to €326,106
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €138,025 | €101,991 | -€36,034 | -26.1% |
| Fixed assets | 21/28 | €85,211 | €37,767 | -€47,444 | -55.7% |
| Intangible fixed assets | 21 | €39,000 | €13,000 | -€26,000 | -66.7% |
| Tangible fixed assets | 22/27 | €42,111 | €22,267 | -€19,844 | -47.1% |
| Land and buildings | 22 | €1,519 | €2,409 | +€890 | +58.6% |
| Plant, machinery and equipment | 23 | €4,600 | €2,370 | -€2,230 | -48.5% |
| Furniture and vehicles | 24 | €23,715 | €12,363 | -€11,352 | -47.9% |
| Other tangible fixed assets | 26 | €12,277 | €5,125 | -€7,152 | -58.3% |
| Financial fixed assets | 28 | €4,100 | €2,500 | -€1,600 | -39.0% |
| Current assets | 29/58 | €52,814 | €64,224 | +€11,410 | +21.6% |
| Stocks and contracts in progress | 3 | €21,587 | €15,588 | -€5,999 | -27.8% |
| Stocks | 30/36 | €21,587 | €15,588 | -€5,999 | -27.8% |
| Amounts receivable within one year | 40/41 | €741 | €2,882 | +€2,141 | +289.0% |
| Trade receivables | 40 | €382 | €2,420 | +€2,038 | +533.5% |
| Other amounts receivable | 41 | €359 | €462 | +€103 | +28.8% |
| Cash at bank and in hand | 54/58 | €27,500 | €42,500 | +€15,000 | +54.5% |
| Deferred charges and accrued income | 490/1 | €2,986 | €3,253 | +€267 | +9.0% |
| Total equity and liabilities | 10/49 | €138,025 | €101,991 | -€36,034 | -26.1% |
| Equity | 10/15 | -€44,649 | -€29,544 | +€15,105 | +33.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | €18,600 | = | 0.0% |
| Issued capital | 100 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€65,109 | -€50,004 | +€15,105 | +23.2% |
| Amounts payable | 17/49 | €182,674 | €131,535 | -€51,139 | -28.0% |
| Amounts payable after more than one year | 17 | €44,358 | €46,980 | +€2,622 | +5.9% |
| Financial debts | 170/4 | €44,358 | €46,980 | +€2,622 | +5.9% |
| Amounts payable within one year | 42/48 | €138,316 | €84,555 | -€53,761 | -38.9% |
| Current portion of amounts payable after more than one year | 42 | €43,680 | €26,721 | -€16,959 | -38.8% |
| Trade debts | 44 | €14,435 | €10,329 | -€4,106 | -28.4% |
| Suppliers | 440/4 | €14,435 | €10,329 | -€4,106 | -28.4% |
| Taxes, remuneration and social security | 45 | €32,778 | €47,380 | +€14,602 | +44.5% |
| Taxes | 450/3 | €10,360 | €13,942 | +€3,582 | +34.6% |
| Remuneration and social security | 454/9 | €22,418 | €33,438 | +€11,020 | +49.2% |
| Other amounts payable | 47/48 | €47,423 | €125 | -€47,298 | -99.7% |
| Remuneration, social security and pensions | 62 | €275,875 | €247,766 | -€28,109 | -10.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €50,110 | €48,374 | -€1,736 | -3.5% |
| Other operating charges | 640/8 | €12,809 | €9,908 | -€2,901 | -22.6% |
| Gross operating margin | 9900 | €344,080 | €326,106 | -€17,974 | -5.2% |
| Operating profit (loss) | 9901 | €5,286 | €20,057 | +€14,771 | +279.4% |
| Financial income | 75/76B | €148 | €513 | +€365 | +246.9% |
| Recurring financial income | 75 | €148 | €513 | +€365 | +246.9% |
| Financial charges | 65/66B | €5,467 | €5,320 | -€147 | -2.7% |
| Recurring financial charges | 65 | €5,467 | €5,320 | -€147 | -2.7% |
| Profit (loss) for the period before taxes | 9903 | -€33 | €15,250 | +€15,283 | |
| Income taxes | 67/77 | €443 | €145 | -€298 | -67.2% |
| Profit (loss) for the period | 9904 | -€476 | €15,105 | +€15,581 | |
| Profit (loss) for the period to be appropriated | 9905 | -€476 | €15,105 | +€15,581 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.