FLIS & FILS: 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.
FLIS & FILS
Largest movements
- Receivables within one year +€40,752
up €40,752 (+31.3%), from €130,232 to €170,984
of which Trade receivables: +€34,617
- Cash +€21,242
up €21,242 (+69.6%), from €30,514 to €51,756
mainly Advances received (+€45,000) and Depreciation (+€29,039)
- Tangible fixed assets +€19,592
up €19,592 (+44.1%), from €44,377 to €63,969
of which Furniture and vehicles: +€20,072
- Intangible fixed assets -€7,072
down €7,072 (-7.7%), from €91,928 to €84,856
- Deferred charges and accrued income -€5,078
down €5,078 (-84.4%), from €6,014 to €936
- Advances received +€45,000
new in 2025: €45,000
- Trade debts +€25,971
up €25,971 (+171%), from €15,181 to €41,152
- Current portion of long-term debt +€19,930
up €19,930 (+312%), from €6,380 to €26,310
- Other debts -€18,932
down €18,932 (-66.2%), from €28,599 to €9,667
- Debts after one year -€9,167
down €9,167 (-7.8%), from €117,893 to €108,726
- Gross operating margin +€11,931
up €11,931 (+32.6%), from €36,616 to €48,547
- Taxes +€3,911
up €3,911 (+165%), from €2,374 to €6,285
- Financial income +€1,582
up €1,582 (+2,082%), from €76 to €1,658
- Other operating charges +€939
up €939 (+35.8%), from €2,623 to €3,562
- Depreciation -€573
down €573 (-1.9%), from €29,612 to €29,039
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 | €303,065 | €372,501 | +€69,436 | +22.9% |
| Fixed assets | 21/28 | €136,305 | €148,825 | +€12,520 | +9.2% |
| Intangible fixed assets | 21 | €91,928 | €84,856 | -€7,072 | -7.7% |
| Tangible fixed assets | 22/27 | €44,377 | €63,969 | +€19,592 | +44.1% |
| Plant, machinery and equipment | 23 | €643 | €163 | -€480 | -74.7% |
| Furniture and vehicles | 24 | €43,734 | €63,806 | +€20,072 | +45.9% |
| Current assets | 29/58 | €166,760 | €223,676 | +€56,916 | +34.1% |
| Amounts receivable within one year | 40/41 | €130,232 | €170,984 | +€40,752 | +31.3% |
| Trade receivables | 40 | €123,493 | €158,110 | +€34,617 | +28.0% |
| Other amounts receivable | 41 | €6,739 | €12,874 | +€6,135 | +91.0% |
| Cash at bank and in hand | 54/58 | €30,514 | €51,756 | +€21,242 | +69.6% |
| Deferred charges and accrued income | 490/1 | €6,014 | €936 | -€5,078 | -84.4% |
| Total equity and liabilities | 10/49 | €303,065 | €372,501 | +€69,436 | +22.9% |
| Equity | 10/15 | €119,519 | €126,311 | +€6,792 | +5.7% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Reserves | 13 | €91,655 | €98,447 | +€6,792 | +7.4% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €89,795 | €96,587 | +€6,792 | +7.6% |
| Profit (loss) carried forward | 14 | €17,864 | €17,864 | = | 0.0% |
| Amounts payable | 17/49 | €183,546 | €246,190 | +€62,644 | +34.1% |
| Amounts payable after more than one year | 17 | €117,893 | €108,726 | -€9,167 | -7.8% |
| Financial debts | 170/4 | €117,893 | €108,726 | -€9,167 | -7.8% |
| Amounts payable within one year | 42/48 | €65,653 | €137,464 | +€71,811 | +109% |
| Current portion of amounts payable after more than one year | 42 | €6,380 | €26,310 | +€19,930 | +312% |
| Trade debts | 44 | €15,181 | €41,152 | +€25,971 | +171% |
| Suppliers | 440/4 | €15,181 | €41,152 | +€25,971 | +171% |
| Advances received on contracts in progress | 46 | - | €45,000 | +€45,000 | |
| Taxes, remuneration and social security | 45 | €15,493 | €15,335 | -€158 | -1.0% |
| Taxes | 450/3 | €11,893 | €15,335 | +€3,442 | +28.9% |
| Remuneration and social security | 454/9 | €3,600 | - | -€3,600 | |
| Other amounts payable | 47/48 | €28,599 | €9,667 | -€18,932 | -66.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,612 | €29,039 | -€573 | -1.9% |
| Other operating charges | 640/8 | €2,623 | €3,562 | +€939 | +35.8% |
| Gross operating margin | 9900 | €36,616 | €48,547 | +€11,931 | +32.6% |
| Operating profit (loss) | 9901 | €4,381 | €15,946 | +€11,565 | +264% |
| Financial income | 75/76B | €76 | €1,658 | +€1,582 | +2,082% |
| Recurring financial income | 75 | €76 | €1,658 | +€1,582 | +2,082% |
| Financial charges | 65/66B | €4,212 | €4,527 | +€315 | +7.5% |
| Recurring financial charges | 65 | €4,212 | €4,527 | +€315 | +7.5% |
| Profit (loss) for the period before taxes | 9903 | €245 | €13,077 | +€12,832 | +5,238% |
| Income taxes | 67/77 | €2,374 | €6,285 | +€3,911 | +165% |
| Profit (loss) for the period | 9904 | -€2,129 | €6,792 | +€8,921 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,129 | €6,792 | +€8,921 |
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 24 October 2026 via checked.be.