FILROC: 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.
FILROC
Largest movements
- Financial fixed assets +€2.1m
up €2.1m (+18.5%), from €11.4m to €13.5m
- Receivables after one year -€602,836
down €602,836 (-100.0%), from €602,836 to €0
- Receivables within one year -€426,472
down €426,472 (-59.7%), from €714,738 to €288,266
- Other debts +€880,920
up €880,920 (+26.9%), from €3.3m to €4.2m
- Profit (loss) carried forward +€776,986
up €776,986 (+35.2%), from €2.2m to €3.0m
- Debts after one year -€403,181
down €403,181 (-19.1%), from €2.1m to €1.7m
- Financial income -€373,128
down €373,128 (-30.5%), from €1.2m to €850,567
- Gross operating margin +€30,138
up €30,138 (+87.9%), from -€34,295 to -€4,157
- Financial charges -€21,082
down €21,082 (-23.4%), from €90,223 to €69,140
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 | €12,697,550 | €13,899,654 | +€1.2m | +9.5% |
| Fixed assets | 21/28 | €11,375,000 | €13,481,600 | +€2.1m | +18.5% |
| Financial fixed assets | 28 | €11,375,000 | €13,481,600 | +€2.1m | +18.5% |
| Current assets | 29/58 | €1,322,550 | €418,054 | -€904,496 | -68.4% |
| Amounts receivable after more than one year | 29 | €602,836 | €0 | -€602,836 | -100.0% |
| Other amounts receivable | 291 | €602,836 | €0 | -€602,836 | -100.0% |
| Amounts receivable within one year | 40/41 | €714,738 | €288,266 | -€426,472 | -59.7% |
| Other amounts receivable | 41 | €714,738 | €288,266 | -€426,472 | -59.7% |
| Cash at bank and in hand | 54/58 | €4,976 | €127,709 | +€122,733 | +2466.5% |
| Deferred charges and accrued income | 490/1 | - | €2,080 | +€2,080 | |
| Total equity and liabilities | 10/49 | €12,697,550 | €13,899,654 | +€1.2m | +9.5% |
| Equity | 10/15 | €6,257,245 | €7,034,231 | +€776,986 | +12.4% |
| Contributions | 10/11 | €50,000 | €50,000 | = | 0.0% |
| Reserves | 13 | €4,002,300 | €4,002,300 | = | 0.0% |
| Distributable reserves | 133 | €4,002,300 | €4,002,300 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,204,945 | €2,981,931 | +€776,986 | +35.2% |
| Amounts payable | 17/49 | €6,440,305 | €6,865,423 | +€425,118 | +6.6% |
| Amounts payable after more than one year | 17 | €2,110,714 | €1,707,533 | -€403,181 | -19.1% |
| Financial debts | 170/4 | €2,110,714 | €1,707,533 | -€403,181 | -19.1% |
| Amounts payable within one year | 42/48 | €4,329,591 | €5,157,890 | +€828,300 | +19.1% |
| Current portion of amounts payable after more than one year | 42 | €1,050,000 | €1,003,181 | -€46,819 | -4.5% |
| Trade debts | 44 | €6,181 | €379 | -€5,802 | -93.9% |
| Suppliers | 440/4 | €6,181 | €379 | -€5,802 | -93.9% |
| Other amounts payable | 47/48 | €3,273,410 | €4,154,330 | +€880,920 | +26.9% |
| Non-recurring operating income | 76A | - | €19,205 | +€19,205 | |
| Other operating charges | 640/8 | €118 | €283 | +€165 | +140.1% |
| Gross operating margin | 9900 | -€34,295 | -€4,157 | +€30,138 | +87.9% |
| Operating profit (loss) | 9901 | -€34,413 | -€4,441 | +€29,972 | +87.1% |
| Financial income | 75/76B | €1,223,696 | €850,567 | -€373,128 | -30.5% |
| Recurring financial income | 75 | €1,223,696 | €850,567 | -€373,128 | -30.5% |
| Financial charges | 65/66B | €90,223 | €69,140 | -€21,082 | -23.4% |
| Recurring financial charges | 65 | €90,223 | €69,140 | -€21,082 | -23.4% |
| Profit (loss) for the period before taxes | 9903 | €1,099,060 | €776,986 | -€322,074 | -29.3% |
| Profit (loss) for the period | 9904 | €1,099,060 | €776,986 | -€322,074 | -29.3% |
| Profit (loss) for the period to be appropriated | 9905 | €1,099,060 | €776,986 | -€322,074 | -29.3% |
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 6 October 2026 via checked.be.