Filter Service: 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.
What changed
Filter Service
NACE 46.492, Wholesale trade
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€279,455
2024 · €380,354-€100,899
Equity
€5.5m
2024 · €5.5m-€4,332
Cash
€1.2m
2024 · €697,859+€491,395
Balance sheet total
€7.3m
2024 · €7.2m+€167,539
Largest movements
Assets
- Cash +€491,395
up €491,395 (+70.4%), from €697,859 to €1.2m
mainly Net result for the year (+€279,455) and Current investments (+€260,902)
- Current investments -€260,902
down €260,902 (-14.6%), from €1.8m to €1.5m
- Receivables within one year -€132,630
down €132,630 (-5.8%), from €2.3m to €2.2m
of which Trade receivables: -€109,724
- Stocks and contracts +€84,627
up €84,627 (+6.8%), from €1.2m to €1.3m
Equity and liabilities
- Trade debts +€140,918
up €140,918 (+16.8%), from €838,367 to €979,285
- Tax, wage and social debts +€78,042
up €78,042 (+16.4%), from €474,575 to €552,617
of which Taxes: +€55,831
Income statement
- Turnover +€330,150
up €330,150 (+2.6%), from €12.6m to €13.0m
- Goods and materials +€323,254
up €323,254 (+3.8%), from €8.5m to €8.9m
of which Purchases: +€462,074
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.
Result 2024
€380,354
Turnover
+€330,150
Other operating income
-€52,001
Goods and materials
-€323,254
Services and other goods
-€33,081
Staff costs
-€2,465
Depreciation
+€46,232
Write-downs
+€38,633
Other operating charges
+€79,027
Other operating items
-€200,717
Financial income
-€15,564
Financial charges
-€263
Taxes
+€32,402
Result 2025
€279,455
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€822,517
Investment
+€35,765
Financing
-€366,888
Cash 2024
€697,859
From operations (derived)
+€822,517
Net result for the year
+€279,455
Depreciation
+€251,362
Stocks and contracts
-€84,627
Receivables within one year
+€132,630
Deferred charges and accrued income
-€11,274
Trade debts
+€140,918
Tax, wage and social debts
+€78,042
Other debts
+€17,455
Accrued charges and deferred income
+€18,556
Investment (derived)
+€35,765
Investment in fixed assets (net)
-€225,137
Current investments
+€260,902
Financing
-€366,888
Debts after one year
-€20,893
Current portion of long-term debt
-€62,208
Contributions, distributions and other
-€283,788
Cash 2025
€1.2m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €7,181,354 | €7,348,893 | +€167,539 | +2.3% |
| Fixed assets | 21/28 | €1,149,696 | €1,123,471 | -€26,225 | -2.3% |
| Intangible fixed assets | 21 | €35,221 | €15,938 | -€19,283 | -54.7% |
| Tangible fixed assets | 22/27 | €872,745 | €866,819 | -€5,927 | -0.7% |
| Land and buildings | 22 | €566,999 | €565,879 | -€1,120 | -0.2% |
| Plant, machinery and equipment | 23 | €27,295 | €23,677 | -€3,619 | -13.3% |
| Furniture and vehicles | 24 | €278,451 | €277,263 | -€1,188 | -0.4% |
| Financial fixed assets | 28 | €241,729 | €240,715 | -€1,014 | -0.4% |
| Other financial fixed assets | 284/8 | €241,729 | €240,715 | -€1,014 | -0.4% |
| Shares | 284 | €16,000 | €16,000 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €225,729 | €224,715 | -€1,014 | -0.4% |
| Current assets | 29/58 | €6,031,659 | €6,225,422 | +€193,763 | +3.2% |
| Stocks and contracts in progress | 3 | €1,240,831 | €1,325,458 | +€84,627 | +6.8% |
| Stocks | 30/36 | €1,240,831 | €1,325,458 | +€84,627 | +6.8% |
| Goods purchased for resale | 34 | €1,240,831 | €1,325,458 | +€84,627 | +6.8% |
| Amounts receivable within one year | 40/41 | €2,291,495 | €2,158,866 | -€132,630 | -5.8% |
| Trade receivables | 40 | €2,223,868 | €2,114,144 | -€109,724 | -4.9% |
| Other amounts receivable | 41 | €67,627 | €44,721 | -€22,906 | -33.9% |
| Current investments | 50/53 | €1,783,235 | €1,522,332 | -€260,902 | -14.6% |
| Other investments | 51/53 | €1,783,235 | €1,522,332 | -€260,902 | -14.6% |
| Cash at bank and in hand | 54/58 | €697,859 | €1,189,254 | +€491,395 | +70.4% |
| Deferred charges and accrued income | 490/1 | €18,239 | €29,512 | +€11,274 | +61.8% |
| Total equity and liabilities | 10/49 | €7,181,354 | €7,348,893 | +€167,539 | +2.3% |
| Equity | 10/15 | €5,498,919 | €5,494,587 | -€4,332 | -0.1% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Capital | 10 | €62,000 | €62,000 | = | 0.0% |
| Issued capital | 100 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €5,415,936 | €5,415,936 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Legal reserve | 130 | €6,200 | €6,200 | = | 0.0% |
| Tax-exempt reserves | 132 | €27,787 | €27,787 | = | 0.0% |
| Distributable reserves | 133 | €5,381,949 | €5,381,949 | = | 0.0% |
| Investment grants | 15 | €20,983 | €16,651 | -€4,332 | -20.6% |
| Amounts payable | 17/49 | €1,682,435 | €1,854,307 | +€171,871 | +10.2% |
| Amounts payable after more than one year | 17 | €20,893 | €0 | -€20,893 | -100% |
| Financial debts | 170/4 | €20,893 | €0 | -€20,893 | -100% |
| Credit institutions | 173 | €20,893 | €0 | -€20,893 | -100% |
| Amounts payable within one year | 42/48 | €1,658,042 | €1,832,250 | +€174,208 | +10.5% |
| Current portion of amounts payable after more than one year | 42 | €83,100 | €20,893 | -€62,208 | -74.9% |
| Trade debts | 44 | €838,367 | €979,285 | +€140,918 | +16.8% |
| Suppliers | 440/4 | €838,367 | €979,285 | +€140,918 | +16.8% |
| Taxes, remuneration and social security | 45 | €474,575 | €552,617 | +€78,042 | +16.4% |
| Taxes | 450/3 | €200,458 | €256,289 | +€55,831 | +27.9% |
| Remuneration and social security | 454/9 | €274,117 | €296,329 | +€22,211 | +8.1% |
| Other amounts payable | 47/48 | €262,000 | €279,455 | +€17,455 | +6.7% |
| Accrued charges and deferred income | 492/3 | €3,500 | €22,057 | +€18,556 | +530% |
| Operating income | 70/76A | €13,127,239 | €13,205,388 | +€78,149 | +0.6% |
| Turnover | 70 | €12,648,800 | €12,978,951 | +€330,150 | +2.6% |
| Other operating income | 74 | €278,439 | €226,438 | -€52,001 | -18.7% |
| Non-recurring operating income | 76A | €200,000 | €0 | -€200,000 | -100% |
| Operating charges | 60/66A | €12,683,474 | €12,879,098 | +€195,624 | +1.5% |
| Goods for resale, raw materials and consumables | 60 | €8,531,863 | €8,855,117 | +€323,254 | +3.8% |
| Purchases | 600/8 | €8,454,285 | €8,916,359 | +€462,074 | +5.5% |
| Change in stocks: decrease (increase) | 609 | €77,578 | -€61,242 | -€138,820 | |
| Services and other goods | 61 | €1,281,863 | €1,314,943 | +€33,081 | +2.6% |
| Remuneration, social security and pensions | 62 | €2,436,733 | €2,439,198 | +€2,465 | +0.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €297,594 | €251,362 | -€46,232 | -15.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €14,287 | -€24,346 | -€38,633 | |
| Other operating charges | 640/8 | €121,081 | €42,055 | -€79,027 | -65.3% |
| Non-recurring operating charges | 66A | €53 | €770 | +€717 | +1,353% |
| Operating profit (loss) | 9901 | €443,765 | €326,291 | -€117,475 | -26.5% |
| Financial income | 75/76B | €100,759 | €85,195 | -€15,564 | -15.4% |
| Recurring financial income | 75 | €100,759 | €85,195 | -€15,564 | -15.4% |
| Income from current assets | 751 | €62,270 | €48,246 | -€14,024 | -22.5% |
| Other financial income | 752/9 | €38,489 | €36,949 | -€1,540 | -4.0% |
| Financial charges | 65/66B | €13,233 | €13,495 | +€263 | +2.0% |
| Recurring financial charges | 65 | €13,233 | €13,495 | +€263 | +2.0% |
| Debt charges | 650 | €7,645 | €8,402 | +€758 | +9.9% |
| Write-downs on current assets other than stocks, contracts in progress and trade receivables: additions (reversals) | 651 | €0 | - | = | |
| Other financial charges | 652/9 | €5,588 | €5,093 | -€495 | -8.9% |
| Profit (loss) for the period before taxes | 9903 | €531,292 | €397,991 | -€133,301 | -25.1% |
| Income taxes | 67/77 | €150,938 | €118,536 | -€32,402 | -21.5% |
| Taxes | 670/3 | €150,938 | €118,536 | -€32,402 | -21.5% |
| Profit (loss) for the period | 9904 | €380,354 | €279,455 | -€100,899 | -26.5% |
| Profit (loss) for the period to be appropriated | 9905 | €380,354 | €279,455 | -€100,899 | -26.5% |
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 18 October 2026 via checked.be.