LOGEMENT PHILIPPE COLLE: 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.
LOGEMENT PHILIPPE COLLE
Largest movements
- Stocks and contracts -€396,062
down €396,062 (-12.0%), from €3.3m to €2.9m
of which Stocks: -€323,062
- Receivables within one year +€84,734
up €84,734 (+26.0%), from €325,554 to €410,288
of which Other amounts receivable: +€81,225
- Cash +€56,171
up €56,171 (+12.7%), from €440,800 to €496,972
mainly Stocks and contracts (+€396,062) and Net result for the year (+€12,294)
- Current portion of long-term debt -€206,518
down €206,518 (-16.5%), from €1.3m to €1.0m
- Trade debts -€53,847
down €53,847 (-86.2%), from €62,463 to €8,616
- Gross operating margin -€72,121
down €72,121 (-44.0%), from €163,743 to €91,622
- Financial charges +€11,340
up €11,340 (+19.9%), from €57,109 to €68,450
of which Non-recurring financial charges: +€16,238
- Financial income -€9,485
down €9,485 (-50.8%), from €18,677 to €9,192
- Other operating charges -€5,659
down €5,659 (-68.1%), from €8,314 to €2,655
- Taxes -€3,443
down €3,443 (-37.6%), from €9,153 to €5,710
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 | €4,349,302 | €4,081,061 | -€268,241 | -6.2% |
| Formation expenses | 20 | €0 | €0 | = | |
| Fixed assets | 21/28 | €287,409 | €275,704 | -€11,705 | -4.1% |
| Tangible fixed assets | 22/27 | €285,041 | €273,335 | -€11,705 | -4.1% |
| Land and buildings | 22 | €202,491 | €194,867 | -€7,623 | -3.8% |
| Plant, machinery and equipment | 23 | €1,769 | €1,085 | -€684 | -38.6% |
| Furniture and vehicles | 24 | €12,782 | €11,580 | -€1,202 | -9.4% |
| Other tangible fixed assets | 26 | €67,999 | €65,803 | -€2,197 | -3.2% |
| Financial fixed assets | 28 | €2,368 | €2,368 | = | 0.0% |
| Current assets | 29/58 | €4,061,893 | €3,805,358 | -€256,536 | -6.3% |
| Stocks and contracts in progress | 3 | €3,292,943 | €2,896,881 | -€396,062 | -12.0% |
| Stocks | 30/36 | €3,182,943 | €2,859,881 | -€323,062 | -10.1% |
| Contracts in progress | 37 | €110,000 | €37,000 | -€73,000 | -66.4% |
| Amounts receivable within one year | 40/41 | €325,554 | €410,288 | +€84,734 | +26.0% |
| Trade receivables | 40 | €12,141 | €15,650 | +€3,509 | +28.9% |
| Other amounts receivable | 41 | €313,413 | €394,638 | +€81,225 | +25.9% |
| Cash at bank and in hand | 54/58 | €440,800 | €496,972 | +€56,171 | +12.7% |
| Deferred charges and accrued income | 490/1 | €2,596 | €1,218 | -€1,379 | -53.1% |
| Total equity and liabilities | 10/49 | €4,349,302 | €4,081,061 | -€268,241 | -6.2% |
| Equity | 10/15 | €2,743,946 | €2,756,240 | +€12,294 | +0.4% |
| Contributions | 10/11 | €68,200 | €68,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,675,746 | €2,688,040 | +€12,294 | +0.5% |
| Amounts payable | 17/49 | €1,605,357 | €1,324,822 | -€280,535 | -17.5% |
| Amounts payable within one year | 42/48 | €1,605,215 | €1,324,822 | -€280,393 | -17.5% |
| Current portion of amounts payable after more than one year | 42 | €1,253,518 | €1,047,000 | -€206,518 | -16.5% |
| Trade debts | 44 | €62,463 | €8,616 | -€53,847 | -86.2% |
| Suppliers | 440/4 | €62,463 | €8,616 | -€53,847 | -86.2% |
| Taxes, remuneration and social security | 45 | €18,801 | €6,085 | -€12,716 | -67.6% |
| Taxes | 450/3 | €18,801 | €6,085 | -€12,716 | -67.6% |
| Other amounts payable | 47/48 | €270,432 | €263,121 | -€7,311 | -2.7% |
| Accrued charges and deferred income | 492/3 | €142 | - | -€142 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,305 | €11,705 | +€401 | +3.5% |
| Other operating charges | 640/8 | €8,314 | €2,655 | -€5,659 | -68.1% |
| Gross operating margin | 9900 | €163,743 | €91,622 | -€72,121 | -44.0% |
| Operating profit (loss) | 9901 | €144,125 | €77,262 | -€66,862 | -46.4% |
| Financial income | 75/76B | €18,677 | €9,192 | -€9,485 | -50.8% |
| Recurring financial income | 75 | €18,677 | €9,192 | -€9,485 | -50.8% |
| Financial charges | 65/66B | €57,109 | €68,450 | +€11,340 | +19.9% |
| Recurring financial charges | 65 | €57,109 | €52,212 | -€4,898 | -8.6% |
| Non-recurring financial charges | 66B | - | €16,238 | +€16,238 | |
| Profit (loss) for the period before taxes | 9903 | €105,692 | €18,004 | -€87,688 | -83.0% |
| Income taxes | 67/77 | €9,153 | €5,710 | -€3,443 | -37.6% |
| Profit (loss) for the period | 9904 | €96,539 | €12,294 | -€84,245 | -87.3% |
| Profit (loss) for the period to be appropriated | 9905 | €96,539 | €12,294 | -€84,245 | -87.3% |
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.