FILSHI: 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.
FILSHI
Largest movements
- Cash +€3,284
up €3,284 (+86.3%), from €3,806 to €7,090
mainly Net result for the year (+€3,160) and Tax, wage and social debts (+€123)
- Reserves +€3,160
up €3,160 (+15.5%), from €20,347 to €23,507
of which Distributable reserves: +€3,160
- Other operating charges -€614
down €614 (-24.0%), from €2,559 to €1,945
- Taxes -€256
down €256 (-14.8%), from €1,727 to €1,471
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 | €169,569 | €172,852 | +€3,284 | +1.9% |
| Fixed assets | 21/28 | €165,763 | €165,763 | = | 0.0% |
| Tangible fixed assets | 22/27 | €165,763 | €165,763 | = | 0.0% |
| Land and buildings | 22 | €165,763 | €165,763 | = | 0.0% |
| Current assets | 29/58 | €3,806 | €7,090 | +€3,284 | +86.3% |
| Cash at bank and in hand | 54/58 | €3,806 | €7,090 | +€3,284 | +86.3% |
| Total equity and liabilities | 10/49 | €169,569 | €172,852 | +€3,284 | +1.9% |
| Equity | 10/15 | €82,320 | €85,481 | +€3,160 | +3.8% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €20,347 | €23,507 | +€3,160 | +15.5% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,197 | €6,197 | = | 0.0% |
| Distributable reserves | 133 | €14,150 | €17,310 | +€3,160 | +22.3% |
| Amounts payable | 17/49 | €87,249 | €87,372 | +€123 | +0.1% |
| Amounts payable within one year | 42/48 | €87,249 | €87,372 | +€123 | +0.1% |
| Taxes, remuneration and social security | 45 | €1,429 | €1,552 | +€123 | +8.6% |
| Taxes | 450/3 | €1,429 | €1,552 | +€123 | +8.6% |
| Other amounts payable | 47/48 | €85,820 | €85,820 | = | 0.0% |
| Other operating charges | 640/8 | €2,559 | €1,945 | -€614 | -24.0% |
| Gross operating margin | 9900 | €6,669 | €6,606 | -€62 | -0.9% |
| Operating profit (loss) | 9901 | €4,110 | €4,661 | +€551 | +13.4% |
| Financial charges | 65/66B | €29 | €30 | +€2 | +5.3% |
| Recurring financial charges | 65 | €29 | €30 | +€2 | +5.3% |
| Profit (loss) for the period before taxes | 9903 | €4,081 | €4,631 | +€550 | +13.5% |
| Income taxes | 67/77 | €1,727 | €1,471 | -€256 | -14.8% |
| Profit (loss) for the period | 9904 | €2,355 | €3,160 | +€806 | +34.2% |
| Profit (loss) for the period to be appropriated | 9905 | €2,355 | €3,160 | +€806 | +34.2% |
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.