e-Phila: 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.
e-Phila
Largest movements
- Receivables within one year -€74,945
down €74,945 (-73.1%), from €102,483 to €27,538
of which Trade receivables: -€74,912
- Stocks and contracts -€9,840
down €9,840 (-32.7%), from €30,119 to €20,279
- Tangible fixed assets -€8,976
down €8,976 (-34.2%), from €26,273 to €17,297
of which Furniture and vehicles: -€10,007
- Cash +€8,502
up €8,502 (+123%), from €6,903 to €15,405
mainly Receivables within one year (+€74,945) and Depreciation (+€11,041)
- Advances received -€50,810
down €50,810 (-93.1%), from €54,561 to €3,750
- Trade debts -€23,468
down €23,468 (-68.0%), from €34,506 to €11,038
- Debts after one year -€7,732
down €7,732 (-17.1%), from €45,280 to €37,548
- Tax, wage and social debts -€3,887
down €3,887 (-60.2%), from €6,457 to €2,570
- Profit (loss) carried forward +€3,484
up €3,484 (+11.2%), from -€31,020 to -€27,537
- Turnover +€178,071
new in 2025: €178,071
- Purchases and services +€164,606
new in 2025: €164,606
- Write-downs -€30,119
down €30,119 (-100%), from €30,119 to €0
- Gross operating margin +€13,663
up €13,663 (+309%), from €4,428 to €18,091
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 | €167,266 | €82,106 | -€85,160 | -50.9% |
| Fixed assets | 21/28 | €26,545 | €17,569 | -€8,976 | -33.8% |
| Tangible fixed assets | 22/27 | €26,273 | €17,297 | -€8,976 | -34.2% |
| Plant, machinery and equipment | 23 | - | €2,008 | +€2,008 | |
| Furniture and vehicles | 24 | €19,297 | €9,290 | -€10,007 | -51.9% |
| Other tangible fixed assets | 26 | €6,976 | €5,999 | -€977 | -14.0% |
| Financial fixed assets | 28 | €272 | €272 | = | 0.0% |
| Current assets | 29/58 | €140,720 | €64,537 | -€76,184 | -54.1% |
| Stocks and contracts in progress | 3 | €30,119 | €20,279 | -€9,840 | -32.7% |
| Stocks | 30/36 | €30,119 | €20,279 | -€9,840 | -32.7% |
| Amounts receivable within one year | 40/41 | €102,483 | €27,538 | -€74,945 | -73.1% |
| Trade receivables | 40 | €81,218 | €6,306 | -€74,912 | -92.2% |
| Other amounts receivable | 41 | €21,265 | €21,232 | -€34 | -0.2% |
| Cash at bank and in hand | 54/58 | €6,903 | €15,405 | +€8,502 | +123% |
| Deferred charges and accrued income | 490/1 | €1,215 | €1,314 | +€100 | +8.2% |
| Total equity and liabilities | 10/49 | €167,266 | €82,106 | -€85,160 | -50.9% |
| Equity | 10/15 | €9,617 | €13,100 | +€3,484 | +36.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €22,037 | €22,037 | = | 0.0% |
| Distributable reserves | 133 | €22,037 | €22,037 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€31,020 | -€27,537 | +€3,484 | +11.2% |
| Amounts payable | 17/49 | €157,649 | €69,005 | -€88,644 | -56.2% |
| Amounts payable after more than one year | 17 | €45,280 | €37,548 | -€7,732 | -17.1% |
| Financial debts | 170/4 | €45,280 | €37,548 | -€7,732 | -17.1% |
| Amounts payable within one year | 42/48 | €112,369 | €31,458 | -€80,911 | -72.0% |
| Current portion of amounts payable after more than one year | 42 | €16,845 | €14,100 | -€2,746 | -16.3% |
| Trade debts | 44 | €34,506 | €11,038 | -€23,468 | -68.0% |
| Suppliers | 440/4 | €34,506 | €11,038 | -€23,468 | -68.0% |
| Advances received on contracts in progress | 46 | €54,561 | €3,750 | -€50,810 | -93.1% |
| Taxes, remuneration and social security | 45 | €6,457 | €2,570 | -€3,887 | -60.2% |
| Taxes | 450/3 | €6,457 | €2,570 | -€3,887 | -60.2% |
| Turnover | 70 | - | €178,071 | +€178,071 | |
| Non-recurring operating income | 76A | €4,217 | €0 | -€4,217 | -100% |
| Goods, raw materials, services and sundry goods | 60/61 | - | €164,606 | +€164,606 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,771 | €11,041 | +€270 | +2.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €30,119 | €0 | -€30,119 | -100% |
| Other operating charges | 640/8 | €1,185 | €853 | -€331 | -28.0% |
| Gross operating margin | 9900 | €4,428 | €18,091 | +€13,663 | +309% |
| Operating profit (loss) | 9901 | -€37,647 | €6,196 | +€43,843 | |
| Financial income | 75/76B | €1 | €30 | +€30 | +5,876% |
| Recurring financial income | 75 | €1 | €30 | +€30 | +5,876% |
| Financial charges | 65/66B | €1,318 | €2,462 | +€1,144 | +86.8% |
| Recurring financial charges | 65 | €1,318 | €2,462 | +€1,144 | +86.8% |
| Profit (loss) for the period before taxes | 9903 | -€38,965 | €3,764 | +€42,729 | |
| Income taxes | 67/77 | - | €141 | +€141 | |
| Profit (loss) for the period | 9904 | -€38,965 | €3,623 | +€42,588 | |
| Profit (loss) for the period to be appropriated | 9905 | -€38,965 | €3,623 | +€42,588 |
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 15 October 2026 via checked.be.