PHILAE CONSULTING: 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.
PHILAE CONSULTING
Largest movements
- Receivables after one year +€20,000
up €20,000 (+20.0%), from €100,000 to €120,000
of which Other amounts receivable: +€120,000
- Tangible fixed assets -€4,044
down €4,044 (-27.8%), from €14,553 to €10,509
of which Furniture and vehicles: -€4,044
- Deferred charges and accrued income -€2,703
down €2,703 (-59.6%), from €4,532 to €1,829
- Receivables within one year +€1,614
up €1,614 (+13.6%), from €11,832 to €13,446
of which Trade receivables: +€4,051
- Reserves +€15,729
up €15,729 (+17.2%), from €91,388 to €107,116
- Trade debts -€10,539
down €10,539 (-55.5%), from €18,999 to €8,460
- Tax, wage and social debts +€9,678
up €9,678 (+53.7%), from €18,034 to €27,712
of which Taxes: +€13,842
- Gross operating margin +€31,344
up €31,344, from -€152 to €31,192
- Taxes +€7,171
up €7,171 (+4,733%), from €152 to €7,323
- Other operating charges +€1,988
up €1,988 (+210%), from €946 to €2,934
- Depreciation +€1,460
up €1,460 (+56.5%), from €2,584 to €4,044
- Financial charges +€830
up €830 (+243%), from €342 to €1,172
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 | €130,922 | €145,789 | +€14,867 | +11.4% |
| Fixed assets | 21/28 | €14,553 | €10,509 | -€4,044 | -27.8% |
| Tangible fixed assets | 22/27 | €14,553 | €10,509 | -€4,044 | -27.8% |
| Furniture and vehicles | 24 | €9,801 | €5,757 | -€4,044 | -41.3% |
| Other tangible fixed assets | 26 | €4,752 | €4,752 | = | 0.0% |
| Current assets | 29/58 | €116,369 | €135,280 | +€18,911 | +16.3% |
| Amounts receivable after more than one year | 29 | €100,000 | €120,000 | +€20,000 | +20.0% |
| Trade receivables | 290 | €100,000 | €0 | -€100,000 | -100% |
| Other amounts receivable | 291 | - | €120,000 | +€120,000 | |
| Amounts receivable within one year | 40/41 | €11,832 | €13,446 | +€1,614 | +13.6% |
| Trade receivables | 40 | €9,319 | €13,371 | +€4,051 | +43.5% |
| Other amounts receivable | 41 | €2,513 | €75 | -€2,437 | -97.0% |
| Current investments | 50/53 | €0 | €0 | -€0 | -100% |
| Cash at bank and in hand | 54/58 | €4 | €5 | +€0 | +5.7% |
| Deferred charges and accrued income | 490/1 | €4,532 | €1,829 | -€2,703 | -59.6% |
| Total equity and liabilities | 10/49 | €130,922 | €145,789 | +€14,867 | +11.4% |
| Equity | 10/15 | €93,888 | €109,616 | +€15,729 | +16.8% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €91,388 | €107,116 | +€15,729 | +17.2% |
| Distributable reserves | 133 | €91,388 | €107,116 | +€15,729 | +17.2% |
| Amounts payable | 17/49 | €37,034 | €36,172 | -€861 | -2.3% |
| Amounts payable within one year | 42/48 | €37,034 | €36,172 | -€861 | -2.3% |
| Trade debts | 44 | €18,999 | €8,460 | -€10,539 | -55.5% |
| Suppliers | 440/4 | €18,999 | €8,460 | -€10,539 | -55.5% |
| Taxes, remuneration and social security | 45 | €18,034 | €27,712 | +€9,678 | +53.7% |
| Taxes | 450/3 | €13,870 | €27,712 | +€13,842 | +99.8% |
| Remuneration and social security | 454/9 | €4,164 | €0 | -€4,164 | -100% |
| Remuneration, social security and pensions | 62 | €24 | €0 | -€24 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,584 | €4,044 | +€1,460 | +56.5% |
| Other operating charges | 640/8 | €946 | €2,934 | +€1,988 | +210% |
| Gross operating margin | 9900 | -€152 | €31,192 | +€31,344 | |
| Operating profit (loss) | 9901 | -€3,707 | €24,213 | +€27,920 | |
| Financial income | 75/76B | €235 | €10 | -€225 | -95.8% |
| Recurring financial income | 75 | €235 | €10 | -€225 | -95.8% |
| Financial charges | 65/66B | €342 | €1,172 | +€830 | +243% |
| Recurring financial charges | 65 | €342 | €1,172 | +€830 | +243% |
| Profit (loss) for the period before taxes | 9903 | -€3,814 | €23,051 | +€26,865 | |
| Income taxes | 67/77 | €152 | €7,323 | +€7,171 | +4,733% |
| Profit (loss) for the period | 9904 | -€3,965 | €15,729 | +€19,694 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,965 | €15,729 | +€19,694 |
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 13 October 2026 via checked.be.