Phil Retail: 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.
Phil Retail
Largest movements
- Financial fixed assets +€563,204
up €563,204 (+9,387%), from €6,000 to €569,204
- Current investments -€300,000
down €300,000 (-100%), from €300,000 to €0
- Receivables within one year -€75,694
down €75,694 (-24.6%), from €307,703 to €232,009
of which Other amounts receivable: -€69,025
- Stocks and contracts +€71,910
up €71,910 (+21.7%), from €331,174 to €403,084
- Other debts +€208,967
up €208,967 (+46.9%), from €445,898 to €654,865
- Trade debts +€122,938
up €122,938 (+36.5%), from €337,256 to €460,193
- Tax, wage and social debts -€61,098
down €61,098 (-34.0%), from €179,801 to €118,703
of which Taxes: -€34,298
- Gross operating margin -€589,293
down €589,293 (-40.6%), from €1.5m to €861,161
- Staff costs -€543,568
down €543,568 (-38.2%), from €1.4m to €877,839
- Financial income +€30,372
up €30,372 (+385%), from €7,882 to €38,254
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 | €1,077,290 | €1,347,682 | +€270,392 | +25.1% |
| Fixed assets | 21/28 | €6,000 | €569,204 | +€563,204 | +9,387% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €6,000 | €569,204 | +€563,204 | +9,387% |
| Current assets | 29/58 | €1,071,290 | €778,478 | -€292,813 | -27.3% |
| Stocks and contracts in progress | 3 | €331,174 | €403,084 | +€71,910 | +21.7% |
| Stocks | 30/36 | €331,174 | €403,084 | +€71,910 | +21.7% |
| Amounts receivable within one year | 40/41 | €307,703 | €232,009 | -€75,694 | -24.6% |
| Trade receivables | 40 | €148,144 | €141,475 | -€6,669 | -4.5% |
| Other amounts receivable | 41 | €159,559 | €90,534 | -€69,025 | -43.3% |
| Current investments | 50/53 | €300,000 | €0 | -€300,000 | -100% |
| Cash at bank and in hand | 54/58 | €128,192 | €133,226 | +€5,034 | +3.9% |
| Deferred charges and accrued income | 490/1 | €4,221 | €10,159 | +€5,938 | +141% |
| Total equity and liabilities | 10/49 | €1,077,290 | €1,347,682 | +€270,392 | +25.1% |
| Equity | 10/15 | €30,808 | €31,734 | +€926 | +3.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €10,808 | €11,734 | +€926 | +8.6% |
| Amounts payable | 17/49 | €1,046,482 | €1,315,948 | +€269,466 | +25.7% |
| Amounts payable within one year | 42/48 | €1,046,482 | €1,315,948 | +€269,466 | +25.7% |
| Financial debts | 43 | €83,527 | €82,187 | -€1,340 | -1.6% |
| Credit institutions | 430/8 | €83,527 | €82,187 | -€1,340 | -1.6% |
| Trade debts | 44 | €337,256 | €460,193 | +€122,938 | +36.5% |
| Suppliers | 440/4 | €337,256 | €460,193 | +€122,938 | +36.5% |
| Taxes, remuneration and social security | 45 | €179,801 | €118,703 | -€61,098 | -34.0% |
| Taxes | 450/3 | €47,817 | €13,519 | -€34,298 | -71.7% |
| Remuneration and social security | 454/9 | €131,984 | €105,184 | -€26,800 | -20.3% |
| Other amounts payable | 47/48 | €445,898 | €654,865 | +€208,967 | +46.9% |
| Remuneration, social security and pensions | 62 | €1,421,407 | €877,839 | -€543,568 | -38.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,295 | €0 | -€1,295 | -100% |
| Other operating charges | 640/8 | €15,451 | €7,030 | -€8,421 | -54.5% |
| Gross operating margin | 9900 | €1,450,454 | €861,161 | -€589,293 | -40.6% |
| Operating profit (loss) | 9901 | €12,302 | -€23,707 | -€36,009 | |
| Financial income | 75/76B | €7,882 | €38,254 | +€30,372 | +385% |
| Recurring financial income | 75 | €7,882 | €38,254 | +€30,372 | +385% |
| Financial charges | 65/66B | €11,180 | €7,062 | -€4,118 | -36.8% |
| Recurring financial charges | 65 | €11,180 | €7,062 | -€4,118 | -36.8% |
| Profit (loss) for the period before taxes | 9903 | €9,004 | €7,485 | -€1,519 | -16.9% |
| Income taxes | 67/77 | €6,004 | €6,560 | +€556 | +9.3% |
| Profit (loss) for the period | 9904 | €3,000 | €926 | -€2,074 | -69.1% |
| Profit (loss) for the period to be appropriated | 9905 | €3,000 | €926 | -€2,074 | -69.1% |
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 23 October 2026 via checked.be.