PHIL'S CONFECTION: what changed
PHIL'S CONFECTION
Largest movements
- Stocks and contracts -€78,952
down €78,952 (-20.3%), from €389,152 to €310,200
- Receivables within one year +€25,812
up €25,812 (+30.7%), from €83,990 to €109,802
of which Other amounts receivable: +€46,635
- Cash -€8,645
down €8,645 (-87.9%), from €9,840 to €1,195
mainly Trade debts (-€26,842) and Receivables within one year (-€25,812)
- Trade debts -€26,842
down €26,842 (-31.2%), from €86,121 to €59,279
- Profit (loss) carried forward -€16,129
down €16,129 (-49.4%), from -€32,644 to -€48,773
- Debts after one year -€15,543
down €15,543 (-8.5%), from €182,412 to €166,869
of which Financial debts: -€19,921
- Contributions -€11,067
down €11,067 (-5.5%), from €202,937 to €191,870
- Gross operating margin -€141,669
down €141,669 (-69.3%), from €204,283 to €62,615
- Write-downs -€42,537
down €42,537 (-100%), from €42,537 to €0
- Taxes -€18,476
down €18,476 (-100%), from €18,476 to €0
- Other operating charges -€8,160
down €8,160 (-71.8%), from €11,358 to €3,197
- Financial charges -€6,645
down €6,645 (-37.0%), from €17,977 to €11,332
of which Financial charges: -€6,260
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 | €590,481 | €525,036 | -€65,445 | -11.1% |
| Fixed assets | 21/28 | €106,469 | €102,680 | -€3,789 | -3.6% |
| Intangible fixed assets | 21 | €0 | - | = | |
| Tangible fixed assets | 22/27 | €15,036 | €11,246 | -€3,789 | -25.2% |
| Plant, machinery and equipment | 23 | €1,982 | €1,292 | -€689 | -34.8% |
| Furniture and vehicles | 24 | €13,054 | €9,954 | -€3,100 | -23.7% |
| Financial fixed assets | 28 | €91,433 | €91,433 | = | 0.0% |
| Current assets | 29/58 | €484,012 | €422,357 | -€61,656 | -12.7% |
| Stocks and contracts in progress | 3 | €389,152 | €310,200 | -€78,952 | -20.3% |
| Stocks | 30/36 | €389,152 | €310,200 | -€78,952 | -20.3% |
| Amounts receivable within one year | 40/41 | €83,990 | €109,802 | +€25,812 | +30.7% |
| Trade receivables | 40 | €82,789 | €61,965 | -€20,824 | -25.2% |
| Other amounts receivable | 41 | €1,201 | €47,836 | +€46,635 | +3,883% |
| Cash at bank and in hand | 54/58 | €9,840 | €1,195 | -€8,645 | -87.9% |
| Deferred charges and accrued income | 490/1 | €1,031 | €1,160 | +€129 | +12.5% |
| Total equity and liabilities | 10/49 | €590,481 | €525,036 | -€65,445 | -11.1% |
| Equity | 10/15 | €170,293 | €143,097 | -€27,196 | -16.0% |
| Contributions | 10/11 | €202,937 | €191,870 | -€11,067 | -5.5% |
| Profit (loss) carried forward | 14 | -€32,644 | -€48,773 | -€16,129 | -49.4% |
| Amounts payable | 17/49 | €420,188 | €381,939 | -€38,249 | -9.1% |
| Amounts payable after more than one year | 17 | €182,412 | €166,869 | -€15,543 | -8.5% |
| Financial debts | 170/4 | €73,474 | €53,552 | -€19,921 | -27.1% |
| Other amounts payable | 178/9 | €108,939 | €113,317 | +€4,378 | +4.0% |
| Amounts payable within one year | 42/48 | €237,776 | €215,070 | -€22,706 | -9.5% |
| Current portion of amounts payable after more than one year | 42 | €56,316 | €55,302 | -€1,014 | -1.8% |
| Financial debts | 43 | €25,911 | €25,165 | -€746 | -2.9% |
| Credit institutions | 430/8 | €25,911 | €25,165 | -€746 | -2.9% |
| Trade debts | 44 | €86,121 | €59,279 | -€26,842 | -31.2% |
| Suppliers | 440/4 | €86,121 | €59,279 | -€26,842 | -31.2% |
| Taxes, remuneration and social security | 45 | €69,428 | €75,324 | +€5,897 | +8.5% |
| Taxes | 450/3 | €61,782 | €62,620 | +€838 | +1.4% |
| Remuneration and social security | 454/9 | €7,646 | €12,704 | +€5,058 | +66.2% |
| Remuneration, social security and pensions | 62 | €64,860 | €60,444 | -€4,416 | -6.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,552 | €3,789 | +€237 | +6.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €42,537 | €0 | -€42,537 | -100% |
| Other operating charges | 640/8 | €11,358 | €3,197 | -€8,160 | -71.8% |
| Gross operating margin | 9900 | €204,283 | €62,615 | -€141,669 | -69.3% |
| Operating profit (loss) | 9901 | €81,977 | -€4,816 | -€86,793 | |
| Financial income | 75/76B | €79 | €18 | -€61 | -76.9% |
| Recurring financial income | 75 | €79 | €18 | -€61 | -76.9% |
| Financial charges | 65/66B | €17,977 | €11,332 | -€6,645 | -37.0% |
| Recurring financial charges | 65 | €17,592 | €11,332 | -€6,260 | -35.6% |
| Non-recurring financial charges | 66B | €385 | €0 | -€385 | -100% |
| Profit (loss) for the period before taxes | 9903 | €64,079 | -€16,129 | -€80,208 | |
| Income taxes | 67/77 | €18,476 | €0 | -€18,476 | -100% |
| Profit (loss) for the period | 9904 | €45,604 | -€16,129 | -€61,733 | |
| Profit (loss) for the period to be appropriated | 9905 | €45,604 | -€16,129 | -€61,733 |
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 5 November 2026 via checked.be.