PHILAC: what changed
What changed
PHILAC
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€1,981
2024 · -€26,804+€28,785
Equity
-€6,001
2024 · -€7,981+€1,981
Cash
€5,424
2024 · €2,884+€2,540
Balance sheet total
€447,645
2024 · €3,161+€444,483
Largest movements
Assets
- Financial fixed assets +€441,904
new in 2025: €441,904
Equity and liabilities
- Debts after one year +€441,904
new in 2025: €441,904
Income statement
- Write-downs -€25,930
down €25,930 (-100%), from €25,930 to €0
- Gross operating margin -€356
down €356 (-9.8%), from €3,620 to €3,265
- Financial charges -€321
down €321 (-83.6%), from €384 to €63
- Taxes +€135
up €135 (+33.0%), from €409 to €544
- Other operating charges +€124
up €124 (+22.3%), from €553 to €677
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.
Result 2024
-€26,804
Gross operating margin
-€356
Write-downs
+€25,930
Other operating charges
-€124
Other operating items
+€3,148
Financial charges
+€321
Taxes
-€135
Result 2025
€1,981
raises the resultlowers the resultnot broken down further in the accounts
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.
From operations
+€2,540
Investment
-€441,904
Financing
+€441,904
Cash 2024
€2,884
From operations (derived)
+€2,540
Net result for the year
+€1,981
Smaller working-capital items
+€36
Trade debts
-€1,534
Other debts
+€2,058
Investment (derived)
-€441,904
Investment in fixed assets (net)
-€441,904
Financing
+€441,904
Debts after one year
+€441,904
Cash 2025
€5,424
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,161 | €447,645 | +€444,483 | +14,061% |
| Fixed assets | 21/28 | €0 | €441,904 | +€441,904 | |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | - | €441,904 | +€441,904 | |
| Current assets | 29/58 | €3,161 | €5,740 | +€2,579 | +81.6% |
| Amounts receivable within one year | 40/41 | €277 | €316 | +€39 | +14.0% |
| Trade receivables | 40 | €0 | €316 | +€316 | |
| Other amounts receivable | 41 | €277 | €0 | -€277 | -100% |
| Cash at bank and in hand | 54/58 | €2,884 | €5,424 | +€2,540 | +88.1% |
| Total equity and liabilities | 10/49 | €3,161 | €447,645 | +€444,483 | +14,061% |
| Equity | 10/15 | -€7,981 | -€6,001 | +€1,981 | +24.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,581 | -€24,601 | +€1,981 | +7.5% |
| Amounts payable | 17/49 | €11,143 | €453,645 | +€442,503 | +3,971% |
| Amounts payable after more than one year | 17 | - | €441,904 | +€441,904 | |
| Financial debts | 170/4 | - | €441,904 | +€441,904 | |
| Amounts payable within one year | 42/48 | €10,758 | €11,341 | +€583 | +5.4% |
| Trade debts | 44 | €1,598 | €64 | -€1,534 | -96.0% |
| Suppliers | 440/4 | €1,598 | €64 | -€1,534 | -96.0% |
| Taxes, remuneration and social security | 45 | €3,085 | €3,144 | +€59 | +1.9% |
| Taxes | 450/3 | €3,085 | €544 | -€2,541 | -82.4% |
| Remuneration and social security | 454/9 | - | €2,600 | +€2,600 | |
| Other amounts payable | 47/48 | €6,075 | €8,133 | +€2,058 | +33.9% |
| Accrued charges and deferred income | 492/3 | €384 | €400 | +€15 | +4.0% |
| Non-recurring operating income | 76A | €833 | €0 | -€833 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €25,930 | €0 | -€25,930 | -100% |
| Other operating charges | 640/8 | €553 | €677 | +€124 | +22.3% |
| Non-recurring operating charges | 66A | €3,148 | €0 | -€3,148 | -100% |
| Gross operating margin | 9900 | €3,620 | €3,265 | -€356 | -9.8% |
| Operating profit (loss) | 9901 | -€26,011 | €2,588 | +€28,599 | |
| Financial income | 75/76B | €0 | - | = | |
| Recurring financial income | 75 | €0 | - | = | |
| Financial charges | 65/66B | €384 | €63 | -€321 | -83.6% |
| Recurring financial charges | 65 | €384 | €63 | -€321 | -83.6% |
| Profit (loss) for the period before taxes | 9903 | -€26,395 | €2,525 | +€28,920 | |
| Income taxes | 67/77 | €409 | €544 | +€135 | +33.0% |
| Profit (loss) for the period | 9904 | -€26,804 | €1,981 | +€28,785 | |
| Profit (loss) for the period to be appropriated | 9905 | -€26,804 | €1,981 | +€28,785 |
Next steps
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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 2 November 2026 via checked.be.