MPHILIPS CONSULT: 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.
MPHILIPS CONSULT
Largest movements
- Cash +€319,855
up €319,855 (+738%), from €43,364 to €363,219
mainly Net result for the year (+€213,196) and Current investments (+€89,925)
- Current investments -€89,925
down €89,925 (-19.6%), from €459,290 to €369,364
- Tangible fixed assets -€65,143
down €65,143 (-9.8%), from €666,181 to €601,038
of which Land and buildings: -€94,021
- Receivables within one year -€17,864
down €17,864 (-51.5%), from €34,658 to €16,794
of which Other amounts receivable: -€13,507
- Reserves +€213,196
up €213,196 (+44.3%), from €480,773 to €693,969
- Other debts -€34,118
down €34,118 (-49.7%), from €68,662 to €34,544
- Debts after one year -€27,061
down €27,061 (-7.6%), from €356,298 to €329,237
- Gross operating margin +€221,479
up €221,479 (+228%), from €97,248 to €318,727
- Taxes +€66,228
up €66,228 (+11,702%), from €566 to €66,794
- Financial charges -€19,284
down €19,284 (-46.8%), from €41,204 to €21,920
- Staff costs +€9,196
up €9,196 (+18.3%), from €50,382 to €59,578
- Financial income -€5,126
down €5,126 (-6.3%), from €80,869 to €75,743
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 | €1,254,550 | €1,400,765 | +€146,215 | +11.7% |
| Fixed assets | 21/28 | €691,180 | €626,037 | -€65,143 | -9.4% |
| Tangible fixed assets | 22/27 | €666,181 | €601,038 | -€65,143 | -9.8% |
| Land and buildings | 22 | €646,660 | €552,639 | -€94,021 | -14.5% |
| Plant, machinery and equipment | 23 | €4,474 | €2,764 | -€1,710 | -38.2% |
| Furniture and vehicles | 24 | €15,046 | €45,635 | +€30,588 | +203% |
| Financial fixed assets | 28 | €24,999 | €24,999 | = | 0.0% |
| Current assets | 29/58 | €563,370 | €774,728 | +€211,358 | +37.5% |
| Amounts receivable within one year | 40/41 | €34,658 | €16,794 | -€17,864 | -51.5% |
| Trade receivables | 40 | €20,382 | €16,025 | -€4,357 | -21.4% |
| Other amounts receivable | 41 | €14,276 | €769 | -€13,507 | -94.6% |
| Current investments | 50/53 | €459,290 | €369,364 | -€89,925 | -19.6% |
| Cash at bank and in hand | 54/58 | €43,364 | €363,219 | +€319,855 | +738% |
| Deferred charges and accrued income | 490/1 | €26,058 | €25,351 | -€707 | -2.7% |
| Total equity and liabilities | 10/49 | €1,254,550 | €1,400,765 | +€146,215 | +11.7% |
| Equity | 10/15 | €771,305 | €984,501 | +€213,196 | +27.6% |
| Contributions | 10/11 | €290,532 | €290,532 | = | 0.0% |
| Reserves | 13 | €480,773 | €693,969 | +€213,196 | +44.3% |
| Distributable reserves | 133 | €480,773 | €693,969 | +€213,196 | +44.3% |
| Amounts payable | 17/49 | €483,245 | €416,264 | -€66,981 | -13.9% |
| Amounts payable after more than one year | 17 | €356,298 | €329,237 | -€27,061 | -7.6% |
| Financial debts | 170/4 | €356,298 | €329,237 | -€27,061 | -7.6% |
| Amounts payable within one year | 42/48 | €118,287 | €81,505 | -€36,783 | -31.1% |
| Current portion of amounts payable after more than one year | 42 | €27,061 | €27,061 | = | 0.0% |
| Trade debts | 44 | €270 | €64 | -€207 | -76.5% |
| Suppliers | 440/4 | €270 | €64 | -€207 | -76.5% |
| Taxes, remuneration and social security | 45 | €22,294 | €19,837 | -€2,457 | -11.0% |
| Taxes | 450/3 | €9,322 | €10,989 | +€1,667 | +17.9% |
| Remuneration and social security | 454/9 | €12,972 | €8,847 | -€4,124 | -31.8% |
| Other amounts payable | 47/48 | €68,662 | €34,544 | -€34,118 | -49.7% |
| Accrued charges and deferred income | 492/3 | €8,660 | €5,522 | -€3,138 | -36.2% |
| Non-recurring operating income | 76A | €0 | €253,512 | +€253,512 | |
| Remuneration, social security and pensions | 62 | €50,382 | €59,578 | +€9,196 | +18.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,920 | €26,375 | -€4,545 | -14.7% |
| Other operating charges | 640/8 | €6,296 | €6,607 | +€311 | +4.9% |
| Gross operating margin | 9900 | €97,248 | €318,727 | +€221,479 | +228% |
| Operating profit (loss) | 9901 | €9,649 | €226,167 | +€216,518 | +2,244% |
| Financial income | 75/76B | €80,869 | €75,743 | -€5,126 | -6.3% |
| Recurring financial income | 75 | €80,869 | €75,743 | -€5,126 | -6.3% |
| Financial charges | 65/66B | €41,204 | €21,920 | -€19,284 | -46.8% |
| Recurring financial charges | 65 | €41,204 | €21,920 | -€19,284 | -46.8% |
| Profit (loss) for the period before taxes | 9903 | €49,315 | €279,990 | +€230,675 | +468% |
| Income taxes | 67/77 | €566 | €66,794 | +€66,228 | +11,702% |
| Profit (loss) for the period | 9904 | €48,749 | €213,196 | +€164,447 | +337% |
| Profit (loss) for the period to be appropriated | 9905 | €48,749 | €213,196 | +€164,447 | +337% |
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 29 October 2026 via checked.be.