Gérard et Adèle PHILIPPART: 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.
Gérard et Adèle PHILIPPART
Largest movements
- Cash +€18,309
up €18,309 (+14.0%), from €130,810 to €149,119
mainly Receivables within one year (+€11,136) and Net result for the year (+€7,665)
- Receivables within one year -€11,136
down €11,136 (-72.1%), from €15,439 to €4,303
of which Trade receivables: -€12,117
- Deferred charges and accrued income -€3,258
no longer reported in 2025 (was €3,258)
- Reserves +€7,600
up €7,600 (+12.1%), from €62,860 to €70,460
of which Distributable reserves: +€7,600
- Tax, wage and social debts -€7,376
down €7,376 (-76.4%), from €9,658 to €2,281
- Trade debts +€4,140
up €4,140 (+84.8%), from €4,882 to €9,023
- Accrued charges and deferred income -€1,800
no longer reported in 2025 (was €1,800)
- Gross operating margin -€11,870
down €11,870 (-47.3%), from €25,090 to €13,220
- Taxes -€3,496
down €3,496 (-48.4%), from €7,223 to €3,727
- Depreciation -€1,221
down €1,221 (-48.3%), from €2,525 to €1,305
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 | €152,440 | €155,051 | +€2,611 | +1.7% |
| Fixed assets | 21/28 | €2,933 | €1,628 | -€1,305 | -44.5% |
| Tangible fixed assets | 22/27 | €2,933 | €1,628 | -€1,305 | -44.5% |
| Plant, machinery and equipment | 23 | €911 | €571 | -€341 | -37.4% |
| Other tangible fixed assets | 26 | €2,022 | €1,058 | -€964 | -47.7% |
| Current assets | 29/58 | €149,507 | €153,423 | +€3,916 | +2.6% |
| Amounts receivable within one year | 40/41 | €15,439 | €4,303 | -€11,136 | -72.1% |
| Trade receivables | 40 | €12,576 | €459 | -€12,117 | -96.4% |
| Other amounts receivable | 41 | €2,864 | €3,845 | +€981 | +34.2% |
| Cash at bank and in hand | 54/58 | €130,810 | €149,119 | +€18,309 | +14.0% |
| Deferred charges and accrued income | 490/1 | €3,258 | - | -€3,258 | |
| Total equity and liabilities | 10/49 | €152,440 | €155,051 | +€2,611 | +1.7% |
| Equity | 10/15 | €133,296 | €140,961 | +€7,665 | +5.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €62,860 | €70,460 | +€7,600 | +12.1% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €61,000 | €68,600 | +€7,600 | +12.5% |
| Profit (loss) carried forward | 14 | €51,836 | €51,901 | +€65 | +0.1% |
| Amounts payable | 17/49 | €19,144 | €14,090 | -€5,054 | -26.4% |
| Amounts payable within one year | 42/48 | €17,344 | €14,090 | -€3,254 | -18.8% |
| Trade debts | 44 | €4,882 | €9,023 | +€4,140 | +84.8% |
| Suppliers | 440/4 | €4,882 | €9,023 | +€4,140 | +84.8% |
| Taxes, remuneration and social security | 45 | €9,658 | €2,281 | -€7,376 | -76.4% |
| Taxes | 450/3 | €9,658 | €2,281 | -€7,376 | -76.4% |
| Other amounts payable | 47/48 | €2,804 | €2,786 | -€18 | -0.6% |
| Accrued charges and deferred income | 492/3 | €1,800 | - | -€1,800 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,525 | €1,305 | -€1,221 | -48.3% |
| Other operating charges | 640/8 | €152 | €112 | -€41 | -26.7% |
| Non-recurring operating charges | 66A | - | €158 | +€158 | |
| Gross operating margin | 9900 | €25,090 | €13,220 | -€11,870 | -47.3% |
| Operating profit (loss) | 9901 | €22,413 | €11,645 | -€10,767 | -48.0% |
| Financial charges | 65/66B | €96 | €253 | +€158 | +165% |
| Recurring financial charges | 65 | €96 | €253 | +€158 | +165% |
| Profit (loss) for the period before taxes | 9903 | €22,317 | €11,392 | -€10,925 | -49.0% |
| Income taxes | 67/77 | €7,223 | €3,727 | -€3,496 | -48.4% |
| Profit (loss) for the period | 9904 | €15,094 | €7,665 | -€7,429 | -49.2% |
| Profit (loss) for the period to be appropriated | 9905 | €15,094 | €7,665 | -€7,429 | -49.2% |
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.