LE FILET MIGNON: 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.
LE FILET MIGNON
Largest movements
- Tangible fixed assets -€15,502
down €15,502 (-41.5%), from €37,335 to €21,833
of which Plant, machinery and equipment: -€14,692
- Cash -€4,423
down €4,423 (-37.8%), from €11,694 to €7,271
mainly Net result for the year (-€17,084) and Other debts (-€11,542)
- Stocks and contracts +€681
up €681 (+64.5%), from €1,055 to €1,736
- Profit (loss) carried forward -€17,084
down €17,084, from €7,002 to -€10,082
- Other debts -€11,542
down €11,542 (-75.8%), from €15,231 to €3,689
- Trade debts +€8,791
up €8,791 (+16279.6%), from €54 to €8,845
- Gross operating margin -€6,824
down €6,824, from €6,059 to -€765
- Depreciation -€3,789
down €3,789 (-19.6%), from €19,291 to €15,502
- Staff costs +€3,756
no longer reported in 2025 (was -€3,756)
- Other operating charges -€2,688
down €2,688 (-84.7%), from €3,175 to €487
- Financial charges -€487
down €487 (-59.6%), from €817 to €330
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 | €50,879 | €31,044 | -€19,835 | -39.0% |
| Fixed assets | 21/28 | €37,335 | €21,833 | -€15,502 | -41.5% |
| Tangible fixed assets | 22/27 | €37,335 | €21,833 | -€15,502 | -41.5% |
| Plant, machinery and equipment | 23 | €36,178 | €21,486 | -€14,692 | -40.6% |
| Furniture and vehicles | 24 | €1,157 | €347 | -€810 | -70.0% |
| Current assets | 29/58 | €13,544 | €9,211 | -€4,333 | -32.0% |
| Stocks and contracts in progress | 3 | €1,055 | €1,736 | +€681 | +64.5% |
| Stocks | 30/36 | €1,055 | €1,736 | +€681 | +64.5% |
| Amounts receivable within one year | 40/41 | €561 | €204 | -€357 | -63.6% |
| Trade receivables | 40 | €141 | €141 | = | 0.0% |
| Other amounts receivable | 41 | €420 | €63 | -€357 | -85.0% |
| Cash at bank and in hand | 54/58 | €11,694 | €7,271 | -€4,423 | -37.8% |
| Deferred charges and accrued income | 490/1 | €234 | - | -€234 | |
| Total equity and liabilities | 10/49 | €50,879 | €31,044 | -€19,835 | -39.0% |
| Equity | 10/15 | €35,594 | €18,510 | -€17,084 | -48.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €8,592 | €8,592 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,769 | €1,769 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,769 | €1,769 | = | 0.0% |
| Distributable reserves | 133 | €6,823 | €6,823 | = | 0.0% |
| Profit (loss) carried forward | 14 | €7,002 | -€10,082 | -€17,084 | |
| Amounts payable | 17/49 | €15,285 | €12,534 | -€2,751 | -18.0% |
| Amounts payable within one year | 42/48 | €15,285 | €12,534 | -€2,751 | -18.0% |
| Trade debts | 44 | €54 | €8,845 | +€8,791 | +16279.6% |
| Suppliers | 440/4 | €54 | €8,845 | +€8,791 | +16279.6% |
| Other amounts payable | 47/48 | €15,231 | €3,689 | -€11,542 | -75.8% |
| Remuneration, social security and pensions | 62 | -€3,756 | - | +€3,756 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €19,291 | €15,502 | -€3,789 | -19.6% |
| Other operating charges | 640/8 | €3,175 | €487 | -€2,688 | -84.7% |
| Gross operating margin | 9900 | €6,059 | -€765 | -€6,824 | |
| Operating profit (loss) | 9901 | -€12,651 | -€16,754 | -€4,103 | -32.4% |
| Financial charges | 65/66B | €817 | €330 | -€487 | -59.6% |
| Recurring financial charges | 65 | €817 | €330 | -€487 | -59.6% |
| Profit (loss) for the period before taxes | 9903 | -€13,468 | -€17,084 | -€3,616 | -26.8% |
| Profit (loss) for the period | 9904 | -€13,468 | -€17,084 | -€3,616 | -26.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€13,468 | -€17,084 | -€3,616 | -26.8% |
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 3 October 2026 via checked.be.