Phil & Concept: what changed
Phil & Concept
Largest movements
- Cash +€49,708
up €49,708 (+10,531%), from €472 to €50,180
mainly Net result for the year (+€66,803) and Depreciation (+€9,239)
- Tangible fixed assets +€3,731
up €3,731 (+13.7%), from €27,139 to €30,870
- Receivables within one year +€1,569
up €1,569 (+70.9%), from €2,213 to €3,782
- Financial fixed assets -€1,100
no longer reported in 2025 (was €1,100)
- Profit (loss) carried forward +€65,944
up €65,944, from -€11,401 to €54,542
- Other debts -€20,156
down €20,156 (-62.9%), from €32,044 to €11,888
- Tax, wage and social debts +€7,796
up €7,796 (+14,064%), from €55 to €7,851
- Gross operating margin +€99,166
up €99,166, from -€3,897 to €95,269
- Taxes +€18,351
up €18,351 (+33,107%), from €55 to €18,407
- Depreciation +€6,756
up €6,756 (+272%), from €2,483 to €9,239
- Other operating charges -€1,099
down €1,099 (-67.6%), from €1,625 to €526
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €30,924 | €85,105 | +€54,181 | +175% |
| Fixed assets | 21/28 | €28,239 | €30,870 | +€2,631 | +9.3% |
| Tangible fixed assets | 22/27 | €27,139 | €30,870 | +€3,731 | +13.7% |
| Furniture and vehicles | 24 | €27,139 | €30,870 | +€3,731 | +13.7% |
| Financial fixed assets | 28 | €1,100 | - | -€1,100 | |
| Current assets | 29/58 | €2,685 | €54,235 | +€51,550 | +1,920% |
| Amounts receivable within one year | 40/41 | €2,213 | €3,782 | +€1,569 | +70.9% |
| Other amounts receivable | 41 | €2,213 | €3,782 | +€1,569 | +70.9% |
| Cash at bank and in hand | 54/58 | €472 | €50,180 | +€49,708 | +10,531% |
| Deferred charges and accrued income | 490/1 | - | €273 | +€273 | |
| Total equity and liabilities | 10/49 | €30,924 | €85,105 | +€54,181 | +175% |
| Equity | 10/15 | -€1,401 | €64,542 | +€65,944 | |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,401 | €54,542 | +€65,944 | |
| Amounts payable | 17/49 | €32,326 | €20,563 | -€11,763 | -36.4% |
| Amounts payable within one year | 42/48 | €32,326 | €20,563 | -€11,763 | -36.4% |
| Trade debts | 44 | €226 | €823 | +€597 | +264% |
| Suppliers | 440/4 | €226 | €823 | +€597 | +264% |
| Taxes, remuneration and social security | 45 | €55 | €7,851 | +€7,796 | +14,064% |
| Taxes | 450/3 | €55 | €7,851 | +€7,796 | +14,064% |
| Other amounts payable | 47/48 | €32,044 | €11,888 | -€20,156 | -62.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,483 | €9,239 | +€6,756 | +272% |
| Other operating charges | 640/8 | €1,625 | €526 | -€1,099 | -67.6% |
| Gross operating margin | 9900 | -€3,897 | €95,269 | +€99,166 | |
| Operating profit (loss) | 9901 | -€8,005 | €85,504 | +€93,509 | |
| Financial charges | 65/66B | €243 | €295 | +€52 | +21.2% |
| Recurring financial charges | 65 | €243 | €295 | +€52 | +21.2% |
| Profit (loss) for the period before taxes | 9903 | -€8,248 | €85,209 | +€93,457 | |
| Income taxes | 67/77 | €55 | €18,407 | +€18,351 | +33,107% |
| Profit (loss) for the period | 9904 | -€8,303 | €66,803 | +€75,106 | |
| Profit (loss) for the period to be appropriated | 9905 | -€8,303 | €66,803 | +€75,106 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.