BOUWONDERNEMING PHILIPS: 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.
BOUWONDERNEMING PHILIPS
Largest movements
- Receivables within one year -€38,469
down €38,469 (-23.7%), from €162,265 to €123,797
of which Trade receivables: -€48,170
- Stocks and contracts +€25,000
new in 2025: €25,000
- Cash +€20,869
up €20,869 (+1,066%), from €1,958 to €22,827
mainly Receivables within one year (+€38,469) and Trade debts (+€17,766)
- Tangible fixed assets +€7,563
up €7,563 (+97.5%), from €7,757 to €15,321
of which Plant, machinery and equipment: +€9,909
- Deferred charges and accrued income +€3,191
up €3,191 (+87.9%), from €3,632 to €6,823
- Advances received -€20,000
down €20,000 (-100%), from €20,000 to €0
- Trade debts +€17,766
up €17,766 (+83.2%), from €21,353 to €39,119
- Reserves +€14,546
up €14,546 (+18.1%), from €80,158 to €94,703
of which Distributable reserves: +€14,546
- Other debts +€10,931
up €10,931 (+30.0%), from €36,379 to €47,309
- Tax, wage and social debts -€2,943
down €2,943 (-19.1%), from €15,380 to €12,438
of which Taxes: -€4,943
- Gross operating margin +€27,846
up €27,846 (+78.0%), from €35,693 to €63,539
- Staff costs +€21,989
new in 2025: €21,989
- Financial charges +€2,154
up €2,154 (+97.9%), from €2,199 to €4,353
- Taxes +€1,286
up €1,286 (+23.3%), from €5,511 to €6,797
- Other operating charges -€1,112
down €1,112 (-9.7%), from €11,418 to €10,306
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 | €175,613 | €196,768 | +€21,155 | +12.0% |
| Fixed assets | 21/28 | €7,757 | €18,321 | +€10,563 | +136% |
| Tangible fixed assets | 22/27 | €7,757 | €15,321 | +€7,563 | +97.5% |
| Land and buildings | 22 | €1,520 | €760 | -€760 | -50.0% |
| Plant, machinery and equipment | 23 | €435 | €10,345 | +€9,909 | +2,276% |
| Furniture and vehicles | 24 | €5,802 | €4,216 | -€1,586 | -27.3% |
| Financial fixed assets | 28 | - | €3,000 | +€3,000 | |
| Current assets | 29/58 | €167,855 | €178,447 | +€10,592 | +6.3% |
| Stocks and contracts in progress | 3 | - | €25,000 | +€25,000 | |
| Contracts in progress | 37 | - | €25,000 | +€25,000 | |
| Amounts receivable within one year | 40/41 | €162,265 | €123,797 | -€38,469 | -23.7% |
| Trade receivables | 40 | €159,979 | €111,809 | -€48,170 | -30.1% |
| Other amounts receivable | 41 | €2,287 | €11,988 | +€9,701 | +424% |
| Cash at bank and in hand | 54/58 | €1,958 | €22,827 | +€20,869 | +1,066% |
| Deferred charges and accrued income | 490/1 | €3,632 | €6,823 | +€3,191 | +87.9% |
| Total equity and liabilities | 10/49 | €175,613 | €196,768 | +€21,155 | +12.0% |
| Equity | 10/15 | €82,500 | €96,213 | +€13,713 | +16.6% |
| Contributions | 10/11 | €500 | €500 | = | 0.0% |
| Reserves | 13 | €80,158 | €94,703 | +€14,546 | +18.1% |
| Non-distributable reserves | 130/1 | €50 | €50 | = | 0.0% |
| Reserves not available under the articles | 1311 | €50 | €50 | = | 0.0% |
| Tax-exempt reserves | 132 | €12,670 | €12,670 | = | 0.0% |
| Distributable reserves | 133 | €67,438 | €81,984 | +€14,546 | +21.6% |
| Profit (loss) carried forward | 14 | €1,843 | €1,010 | -€833 | -45.2% |
| Amounts payable | 17/49 | €93,112 | €100,555 | +€7,442 | +8.0% |
| Amounts payable within one year | 42/48 | €93,112 | €100,555 | +€7,442 | +8.0% |
| Financial debts | 43 | - | €1,688 | +€1,688 | |
| Credit institutions | 430/8 | - | €1,688 | +€1,688 | |
| Trade debts | 44 | €21,353 | €39,119 | +€17,766 | +83.2% |
| Suppliers | 440/4 | €21,353 | €39,119 | +€17,766 | +83.2% |
| Advances received on contracts in progress | 46 | €20,000 | €0 | -€20,000 | -100% |
| Taxes, remuneration and social security | 45 | €15,380 | €12,438 | -€2,943 | -19.1% |
| Taxes | 450/3 | €13,380 | €8,438 | -€4,943 | -36.9% |
| Remuneration and social security | 454/9 | €2,000 | €4,000 | +€2,000 | +100% |
| Other amounts payable | 47/48 | €36,379 | €47,309 | +€10,931 | +30.0% |
| Remuneration, social security and pensions | 62 | - | €21,989 | +€21,989 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,913 | €5,586 | +€673 | +13.7% |
| Other operating charges | 640/8 | €11,418 | €10,306 | -€1,112 | -9.7% |
| Gross operating margin | 9900 | €35,693 | €63,539 | +€27,846 | +78.0% |
| Operating profit (loss) | 9901 | €19,362 | €25,658 | +€6,296 | +32.5% |
| Financial income | 75/76B | €1 | €37 | +€37 | +5,329% |
| Recurring financial income | 75 | €1 | €37 | +€37 | +5,329% |
| Financial charges | 65/66B | €2,199 | €4,353 | +€2,154 | +97.9% |
| Recurring financial charges | 65 | €2,199 | €4,353 | +€2,154 | +97.9% |
| Profit (loss) for the period before taxes | 9903 | €17,164 | €21,343 | +€4,179 | +24.3% |
| Income taxes | 67/77 | €5,511 | €6,797 | +€1,286 | +23.3% |
| Profit (loss) for the period | 9904 | €11,652 | €14,546 | +€2,894 | +24.8% |
| Profit (loss) for the period to be appropriated | 9905 | €11,652 | €14,546 | +€2,894 | +24.8% |
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 14 October 2026 via checked.be.