studio filomena: 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.
studio filomena
Largest movements
- Receivables after one year -€30,000
down €30,000 (-42.9%), from €70,000 to €40,000
- Tangible fixed assets -€7,670
down €7,670 (-47.6%), from €16,125 to €8,455
of which Furniture and vehicles: -€8,736
- Receivables within one year -€6,523
down €6,523 (-16.3%), from €40,114 to €33,591
of which Other amounts receivable: -€14,144
- Cash -€2,352
down €2,352 (-5.4%), from €43,155 to €40,803
mainly Contributions, distributions and other (-€60,000) and Current portion of long-term debt (-€6,897)
- Profit (loss) carried forward -€49,196
down €49,196 (-31.8%), from €154,848 to €105,653
- Tax, wage and social debts +€8,389
up €8,389 (+58.6%), from €14,316 to €22,705
- Current portion of long-term debt -€6,897
no longer reported in 2025 (was €6,897)
- Other operating charges +€6,565
up €6,565 (+162%), from €4,063 to €10,628
- Gross operating margin -€5,285
down €5,285 (-12.6%), from €41,976 to €36,692
- Taxes -€2,737
down €2,737 (-34.9%), from €7,842 to €5,105
- Depreciation +€658
up €658 (+7.3%), from €8,986 to €9,644
- Financial charges -€468
down €468 (-47.8%), from €978 to €511
of which Financial charges: -€518
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 | €186,028 | €139,501 | -€46,526 | -25.0% |
| Fixed assets | 21/28 | €16,125 | €8,455 | -€7,670 | -47.6% |
| Tangible fixed assets | 22/27 | €16,125 | €8,455 | -€7,670 | -47.6% |
| Plant, machinery and equipment | 23 | €320 | €1,386 | +€1,066 | +334% |
| Furniture and vehicles | 24 | €15,805 | €7,069 | -€8,736 | -55.3% |
| Current assets | 29/58 | €169,903 | €131,046 | -€38,856 | -22.9% |
| Amounts receivable after more than one year | 29 | €70,000 | €40,000 | -€30,000 | -42.9% |
| Trade receivables | 290 | €70,000 | €40,000 | -€30,000 | -42.9% |
| Stocks and contracts in progress | 3 | €15,750 | €15,750 | = | 0.0% |
| Stocks | 30/36 | €15,750 | €15,750 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €40,114 | €33,591 | -€6,523 | -16.3% |
| Trade receivables | 40 | €13,915 | €21,536 | +€7,621 | +54.8% |
| Other amounts receivable | 41 | €26,199 | €12,055 | -€14,144 | -54.0% |
| Cash at bank and in hand | 54/58 | €43,155 | €40,803 | -€2,352 | -5.4% |
| Deferred charges and accrued income | 490/1 | €884 | €902 | +€19 | +2.1% |
| Total equity and liabilities | 10/49 | €186,028 | €139,501 | -€46,526 | -25.0% |
| Equity | 10/15 | €162,908 | €113,713 | -€49,196 | -30.2% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €154,848 | €105,653 | -€49,196 | -31.8% |
| Amounts payable | 17/49 | €23,119 | €25,788 | +€2,669 | +11.5% |
| Amounts payable within one year | 42/48 | €23,119 | €25,788 | +€2,669 | +11.5% |
| Current portion of amounts payable after more than one year | 42 | €6,897 | - | -€6,897 | |
| Trade debts | 44 | €1,905 | €2,681 | +€775 | +40.7% |
| Suppliers | 440/4 | €1,905 | €2,681 | +€775 | +40.7% |
| Taxes, remuneration and social security | 45 | €14,316 | €22,705 | +€8,389 | +58.6% |
| Taxes | 450/3 | €14,316 | €22,705 | +€8,389 | +58.6% |
| Other amounts payable | 47/48 | - | €403 | +€403 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,986 | €9,644 | +€658 | +7.3% |
| Other operating charges | 640/8 | €4,063 | €10,628 | +€6,565 | +162% |
| Gross operating margin | 9900 | €41,976 | €36,692 | -€5,285 | -12.6% |
| Operating profit (loss) | 9901 | €28,927 | €16,420 | -€12,507 | -43.2% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €978 | €511 | -€468 | -47.8% |
| Recurring financial charges | 65 | €978 | €461 | -€518 | -52.9% |
| Non-recurring financial charges | 66B | - | €50 | +€50 | |
| Profit (loss) for the period before taxes | 9903 | €27,949 | €15,909 | -€12,040 | -43.1% |
| Income taxes | 67/77 | €7,842 | €5,105 | -€2,737 | -34.9% |
| Profit (loss) for the period | 9904 | €20,107 | €10,805 | -€9,302 | -46.3% |
| Profit (loss) for the period to be appropriated | 9905 | €20,107 | €10,805 | -€9,302 | -46.3% |
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 17 October 2026 via checked.be.