PHIL-JUNIOR: what changed
Two fiscal 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.
PHIL-JUNIOR
Largest movements
- Tangible fixed assets -€26,143
down €26,143 (-3.0%), from €885,383 to €859,240
of which Furniture and vehicles: -€42,689
- Profit (loss) carried forward -€136,939
down €136,939 (-272.0%), from -€50,337 to -€187,275
- Other debts +€118,440
up €118,440 (+12.9%), from €917,654 to €1.0m
- Tax, wage and social debts -€19,382
down €19,382 (-89.4%), from €21,670 to €2,288
- Depreciation +€24,685
up €24,685 (+32.1%), from €77,001 to €101,686
- Gross operating margin -€16,575
down €16,575 (-291.2%), from -€5,692 to -€22,267
- Financial charges +€1,083
up €1,083 (+528.3%), from €205 to €1,287
- Other operating charges +€1,029
up €1,029 (+10.3%), from €9,971 to €10,999
- Financial income -€361
down €361 (-98.9%), from €365 to €4
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.
Cash bridge derived
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 | €915,650 | €884,214 | -€31,435 | -3.4% |
| Fixed assets | 21/28 | €887,183 | €861,040 | -€26,143 | -2.9% |
| Tangible fixed assets | 22/27 | €885,383 | €859,240 | -€26,143 | -3.0% |
| Land and buildings | 22 | €650,785 | €667,330 | +€16,545 | +2.5% |
| Furniture and vehicles | 24 | €234,598 | €191,910 | -€42,689 | -18.2% |
| Financial fixed assets | 28 | €1,800 | €1,800 | = | 0.0% |
| Current assets | 29/58 | €28,467 | €23,175 | -€5,292 | -18.6% |
| Amounts receivable within one year | 40/41 | €15,249 | €18,045 | +€2,795 | +18.3% |
| Trade receivables | 40 | €12,739 | €15,247 | +€2,507 | +19.7% |
| Other amounts receivable | 41 | €2,510 | €2,798 | +€288 | +11.5% |
| Cash at bank and in hand | 54/58 | €4,606 | €73 | -€4,532 | -98.4% |
| Deferred charges and accrued income | 490/1 | €8,612 | €5,057 | -€3,555 | -41.3% |
| Total equity and liabilities | 10/49 | €915,650 | €884,214 | -€31,435 | -3.4% |
| Equity | 10/15 | -€36,077 | -€173,015 | -€136,939 | -379.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€50,337 | -€187,275 | -€136,939 | -272.0% |
| Amounts payable | 17/49 | €951,726 | €1,057,229 | +€105,503 | +11.1% |
| Amounts payable within one year | 42/48 | €951,045 | €1,056,534 | +€105,489 | +11.1% |
| Financial debts | 43 | - | €95 | +€95 | |
| Credit institutions | 430/8 | - | €95 | +€95 | |
| Trade debts | 44 | €11,722 | €18,058 | +€6,336 | +54.0% |
| Suppliers | 440/4 | €11,722 | €18,058 | +€6,336 | +54.0% |
| Taxes, remuneration and social security | 45 | €21,670 | €2,288 | -€19,382 | -89.4% |
| Taxes | 450/3 | €21,670 | €2,288 | -€19,382 | -89.4% |
| Other amounts payable | 47/48 | €917,654 | €1,036,094 | +€118,440 | +12.9% |
| Accrued charges and deferred income | 492/3 | €681 | €695 | +€14 | +2.1% |
| Non-recurring operating income | 76A | - | €10,740 | +€10,740 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €77,001 | €101,686 | +€24,685 | +32.1% |
| Other operating charges | 640/8 | €9,971 | €10,999 | +€1,029 | +10.3% |
| Gross operating margin | 9900 | -€5,692 | -€22,267 | -€16,575 | -291.2% |
| Operating profit (loss) | 9901 | -€92,663 | -€134,952 | -€42,289 | -45.6% |
| Financial income | 75/76B | €365 | €4 | -€361 | -98.9% |
| Recurring financial income | 75 | €365 | €4 | -€361 | -98.9% |
| Financial charges | 65/66B | €205 | €1,287 | +€1,083 | +528.3% |
| Recurring financial charges | 65 | €205 | €1,287 | +€1,083 | +528.3% |
| Profit (loss) for the period before taxes | 9903 | -€92,503 | -€136,235 | -€43,732 | -47.3% |
| Income taxes | 67/77 | €786 | €703 | -€83 | -10.6% |
| Profit (loss) for the period | 9904 | -€93,289 | -€136,939 | -€43,649 | -46.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€93,289 | -€136,939 | -€43,649 | -46.8% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.