FILPAP: 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.
FILPAP
Largest movements
- Receivables within one year -€33,254
down €33,254 (-49.0%), from €67,923 to €34,669
- Cash +€9,924
up €9,924 (+76.6%), from €12,947 to €22,871
mainly Receivables within one year (+€33,254) and Net result for the year (+€1,199)
- Deferred charges and accrued income +€4,759
up €4,759 (+143%), from €3,322 to €8,080
- Trade debts -€19,492
down €19,492 (-48.1%), from €40,500 to €21,008
- Profit (loss) carried forward +€1,199
up €1,199 (+16.2%), from €7,395 to €8,595
- Gross operating margin -€455
down €455 (-13.2%), from €3,446 to €2,991
- Taxes -€334
down €334 (-23.9%), from €1,398 to €1,064
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €84,192 | €65,620 | -€18,572 | -22.1% |
| Current assets | 29/58 | €84,192 | €65,620 | -€18,572 | -22.1% |
| Amounts receivable within one year | 40/41 | €67,923 | €34,669 | -€33,254 | -49.0% |
| Trade receivables | 40 | €67,923 | €34,669 | -€33,254 | -49.0% |
| Cash at bank and in hand | 54/58 | €12,947 | €22,871 | +€9,924 | +76.6% |
| Deferred charges and accrued income | 490/1 | €3,322 | €8,080 | +€4,759 | +143% |
| Total equity and liabilities | 10/49 | €84,192 | €65,620 | -€18,572 | -22.1% |
| Equity | 10/15 | €40,361 | €41,560 | +€1,199 | +3.0% |
| Contributions | 10/11 | €32,660 | €32,660 | = | 0.0% |
| Reserves | 13 | €305 | €305 | = | 0.0% |
| Non-distributable reserves | 130/1 | €305 | €305 | = | 0.0% |
| Reserves not available under the articles | 1311 | €305 | €305 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,395 | €8,595 | +€1,199 | +16.2% |
| Amounts payable | 17/49 | €43,831 | €24,060 | -€19,771 | -45.1% |
| Amounts payable within one year | 42/48 | €43,831 | €24,060 | -€19,771 | -45.1% |
| Trade debts | 44 | €40,500 | €21,008 | -€19,492 | -48.1% |
| Suppliers | 440/4 | €40,500 | €21,008 | -€19,492 | -48.1% |
| Taxes, remuneration and social security | 45 | €3,331 | €3,052 | -€279 | -8.4% |
| Taxes | 450/3 | €3,331 | €3,052 | -€279 | -8.4% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €3,446 | €2,991 | -€455 | -13.2% |
| Operating profit (loss) | 9901 | €3,059 | €2,591 | -€467 | -15.3% |
| Financial income | 75/76B | €1 | €3 | +€2 | +172% |
| Recurring financial income | 75 | €1 | €3 | +€2 | +172% |
| Financial charges | 65/66B | €319 | €331 | +€12 | +3.8% |
| Recurring financial charges | 65 | €319 | €331 | +€12 | +3.8% |
| Profit (loss) for the period before taxes | 9903 | €2,741 | €2,264 | -€478 | -17.4% |
| Income taxes | 67/77 | €1,398 | €1,064 | -€334 | -23.9% |
| Profit (loss) for the period | 9904 | €1,343 | €1,199 | -€144 | -10.7% |
| Profit (loss) for the period to be appropriated | 9905 | €1,343 | €1,199 | -€144 | -10.7% |
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 20 October 2026 via checked.be.