PHIL'S IMMO: 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'S IMMO
Largest movements
- Tangible fixed assets +€289,293
up €289,293 (+261%), from €110,707 to €400,000
of which Land and buildings: +€291,060
- Revaluation surpluses +€307,614
new in 2025: €307,614
- Investment grants -€30,000
down €30,000 (-100%), from €30,000 to €0
- Profit (loss) carried forward +€19,027
up €19,027 (+20.4%), from -€93,265 to -€74,238
- Financial income +€30,009
up €30,009, from €0 to €30,009
- Gross operating margin +€1,355
up €1,355 (+15.1%), from €8,960 to €10,315
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 | €219,654 | €513,350 | +€293,696 | +134% |
| Fixed assets | 21/28 | €110,707 | €400,000 | +€289,293 | +261% |
| Tangible fixed assets | 22/27 | €110,707 | €400,000 | +€289,293 | +261% |
| Land and buildings | 22 | €105,652 | €396,712 | +€291,060 | +275% |
| Plant, machinery and equipment | 23 | €5,055 | €3,288 | -€1,767 | -35.0% |
| Current assets | 29/58 | €108,947 | €113,350 | +€4,403 | +4.0% |
| Amounts receivable within one year | 40/41 | €108,939 | €113,318 | +€4,379 | +4.0% |
| Other amounts receivable | 41 | €108,939 | €113,318 | +€4,379 | +4.0% |
| Cash at bank and in hand | 54/58 | €8 | €32 | +€23 | +279% |
| Total equity and liabilities | 10/49 | €219,654 | €513,350 | +€293,696 | +134% |
| Equity | 10/15 | €216,127 | €512,768 | +€296,642 | +137% |
| Contributions | 10/11 | €254,558 | €254,558 | = | 0.0% |
| Revaluation surpluses | 12 | - | €307,614 | +€307,614 | |
| Reserves | 13 | €24,834 | €24,834 | = | 0.0% |
| Tax-exempt reserves | 132 | €19,933 | €19,933 | = | 0.0% |
| Distributable reserves | 133 | €4,901 | €4,901 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€93,265 | -€74,238 | +€19,027 | +20.4% |
| Investment grants | 15 | €30,000 | €0 | -€30,000 | -100% |
| Amounts payable | 17/49 | €3,527 | €581 | -€2,946 | -83.5% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €3,527 | €581 | -€2,946 | -83.5% |
| Current portion of amounts payable after more than one year | 42 | €944 | €182 | -€762 | -80.7% |
| Trade debts | 44 | €2,184 | €0 | -€2,184 | -100% |
| Suppliers | 440/4 | €2,184 | €0 | -€2,184 | -100% |
| Other amounts payable | 47/48 | €399 | €399 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,321 | €18,321 | +€0 | 0.0% |
| Other operating charges | 640/8 | €2,883 | €2,960 | +€76 | +2.7% |
| Gross operating margin | 9900 | €8,960 | €10,315 | +€1,355 | +15.1% |
| Operating profit (loss) | 9901 | -€12,245 | -€10,966 | +€1,279 | +10.4% |
| Financial income | 75/76B | €0 | €30,009 | +€30,009 | |
| Recurring financial income | 75 | €0 | €30,009 | +€30,009 | |
| Financial charges | 65/66B | €49 | €16 | -€33 | -67.1% |
| Recurring financial charges | 65 | €49 | €16 | -€33 | -67.1% |
| Profit (loss) for the period before taxes | 9903 | -€12,293 | €19,027 | +€31,321 | |
| Profit (loss) for the period | 9904 | -€12,293 | €19,027 | +€31,321 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,293 | €19,027 | +€31,321 |
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.