AGENTUUR PHILIP: 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.
AGENTUUR PHILIP
Largest movements
- Receivables within one year -€52,365
down €52,365 (-34.1%), from €153,677 to €101,312
of which Trade receivables: -€73,628
- Tangible fixed assets -€2,300
down €2,300 (-45.1%), from €5,097 to €2,797
of which Furniture and vehicles: -€2,080
- Debts after one year +€50,000
new in 2025: €50,000
- Trade debts -€48,027
down €48,027 (-76.4%), from €62,841 to €14,814
- Tax, wage and social debts -€38,681
down €38,681 (-100%), from €38,681 to €0
of which Taxes: -€38,681
- Reserves -€38,239
down €38,239 (-73.8%), from €51,817 to €13,578
of which Distributable reserves: -€38,239
- Other debts +€19,863
new in 2025: €19,863
- Gross operating margin -€16,798
down €16,798 (-105%), from -€15,960 to -€32,758
- Staff costs -€15,174
down €15,174 (-100%), from €15,174 to €0
- Financial charges -€6,108
down €6,108 (-73.0%), from €8,364 to €2,256
- Other operating charges -€1,069
down €1,069 (-53.1%), from €2,013 to €944
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 | €159,540 | €104,455 | -€55,085 | -34.5% |
| Fixed assets | 21/28 | €5,297 | €2,997 | -€2,300 | -43.4% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €5,097 | €2,797 | -€2,300 | -45.1% |
| Plant, machinery and equipment | 23 | €220 | €0 | -€220 | -100% |
| Furniture and vehicles | 24 | €4,877 | €2,797 | -€2,080 | -42.6% |
| Financial fixed assets | 28 | €200 | €200 | = | 0.0% |
| Current assets | 29/58 | €154,243 | €101,458 | -€52,785 | -34.2% |
| Amounts receivable within one year | 40/41 | €153,677 | €101,312 | -€52,365 | -34.1% |
| Trade receivables | 40 | €99,822 | €26,194 | -€73,628 | -73.8% |
| Other amounts receivable | 41 | €53,855 | €75,118 | +€21,263 | +39.5% |
| Cash at bank and in hand | 54/58 | €566 | €145 | -€420 | -74.3% |
| Total equity and liabilities | 10/49 | €159,540 | €104,455 | -€55,085 | -34.5% |
| Equity | 10/15 | €58,017 | €19,778 | -€38,239 | -65.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €51,817 | €13,578 | -€38,239 | -73.8% |
| Tax-exempt reserves | 132 | €12,077 | €12,077 | = | 0.0% |
| Distributable reserves | 133 | €39,740 | €1,501 | -€38,239 | -96.2% |
| Amounts payable | 17/49 | €101,523 | €84,677 | -€16,845 | -16.6% |
| Amounts payable after more than one year | 17 | - | €50,000 | +€50,000 | |
| Financial debts | 170/4 | - | €50,000 | +€50,000 | |
| Amounts payable within one year | 42/48 | €101,523 | €34,677 | -€66,845 | -65.8% |
| Trade debts | 44 | €62,841 | €14,814 | -€48,027 | -76.4% |
| Suppliers | 440/4 | €62,841 | €14,814 | -€48,027 | -76.4% |
| Taxes, remuneration and social security | 45 | €38,681 | €0 | -€38,681 | -100% |
| Taxes | 450/3 | €38,681 | €0 | -€38,681 | -100% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | - | €19,863 | +€19,863 | |
| Remuneration, social security and pensions | 62 | €15,174 | €0 | -€15,174 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,300 | €2,300 | -€0 | 0.0% |
| Other operating charges | 640/8 | €2,013 | €944 | -€1,069 | -53.1% |
| Non-recurring operating charges | 66A | €710 | €0 | -€710 | -100% |
| Gross operating margin | 9900 | -€15,960 | -€32,758 | -€16,798 | -105% |
| Operating profit (loss) | 9901 | -€36,158 | -€36,002 | +€156 | +0.4% |
| Financial income | 75/76B | €100 | €19 | -€82 | -81.5% |
| Recurring financial income | 75 | €100 | €19 | -€82 | -81.5% |
| Financial charges | 65/66B | €8,364 | €2,256 | -€6,108 | -73.0% |
| Recurring financial charges | 65 | €8,364 | €2,256 | -€6,108 | -73.0% |
| Profit (loss) for the period before taxes | 9903 | -€44,421 | -€38,239 | +€6,182 | +13.9% |
| Income taxes | 67/77 | €13 | €0 | -€13 | -100% |
| Profit (loss) for the period | 9904 | -€44,434 | -€38,239 | +€6,195 | +13.9% |
| Profit (loss) for the period to be appropriated | 9905 | -€44,434 | -€38,239 | +€6,195 | +13.9% |
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 30 October 2026 via checked.be.