PHILCOR: what changed
Two fiscal 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.
PHILCOR
Largest movements
- Cash +€26,088
up €26,088 (+295.5%), from €8,827 to €34,916
mainly Net result for the year (+€21,901) and Receivables within one year (+€5,562)
- Receivables within one year -€5,562
down €5,562 (-19.3%), from €28,793 to €23,231
of which Other amounts receivable: -€3,462
- Reserves +€21,901
up €21,901 (+98.4%), from €22,257 to €44,158
- Other debts -€3,920
down €3,920 (-55.4%), from €7,078 to €3,158
- Tax, wage and social debts +€2,401
up €2,401 (+37.1%), from €6,466 to €8,867
- Gross operating margin +€28,363
up €28,363 (+692.1%), from €4,098 to €32,461
- Taxes +€7,662
up €7,662 (+353.7%), from €2,166 to €9,828
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.
Cash bridge derived
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 | €47,968 | €68,557 | +€20,589 | +42.9% |
| Current assets | 29/58 | €47,968 | €68,557 | +€20,589 | +42.9% |
| Amounts receivable within one year | 40/41 | €28,793 | €23,231 | -€5,562 | -19.3% |
| Trade receivables | 40 | €24,969 | €22,869 | -€2,100 | -8.4% |
| Other amounts receivable | 41 | €3,824 | €362 | -€3,462 | -90.5% |
| Cash at bank and in hand | 54/58 | €8,827 | €34,916 | +€26,088 | +295.5% |
| Deferred charges and accrued income | 490/1 | €10,347 | €10,410 | +€63 | +0.6% |
| Total equity and liabilities | 10/49 | €47,968 | €68,557 | +€20,589 | +42.9% |
| Equity | 10/15 | €28,457 | €50,358 | +€21,901 | +77.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €22,257 | €44,158 | +€21,901 | +98.4% |
| Distributable reserves | 133 | €22,257 | €44,158 | +€21,901 | +98.4% |
| Amounts payable | 17/49 | €19,511 | €18,199 | -€1,312 | -6.7% |
| Amounts payable within one year | 42/48 | €19,511 | €18,199 | -€1,312 | -6.7% |
| Financial debts | 43 | €115 | €0 | -€115 | -100.0% |
| Credit institutions | 430/8 | €115 | €0 | -€115 | -100.0% |
| Trade debts | 44 | €5,852 | €6,174 | +€322 | +5.5% |
| Suppliers | 440/4 | €5,852 | €6,174 | +€322 | +5.5% |
| Taxes, remuneration and social security | 45 | €6,466 | €8,867 | +€2,401 | +37.1% |
| Taxes | 450/3 | €6,466 | €8,867 | +€2,401 | +37.1% |
| Other amounts payable | 47/48 | €7,078 | €3,158 | -€3,920 | -55.4% |
| Other operating charges | 640/8 | €505 | €520 | +€14 | +2.8% |
| Gross operating margin | 9900 | €4,098 | €32,461 | +€28,363 | +692.1% |
| Operating profit (loss) | 9901 | €3,593 | €31,942 | +€28,349 | +789.1% |
| Financial income | 75/76B | €12 | €0 | -€12 | -100.0% |
| Recurring financial income | 75 | €12 | €0 | -€12 | -100.0% |
| Financial charges | 65/66B | €180 | €212 | +€32 | +17.7% |
| Recurring financial charges | 65 | €180 | €212 | +€32 | +17.7% |
| Profit (loss) for the period before taxes | 9903 | €3,424 | €31,729 | +€28,305 | +826.7% |
| Income taxes | 67/77 | €2,166 | €9,828 | +€7,662 | +353.7% |
| Profit (loss) for the period | 9904 | €1,258 | €21,901 | +€20,643 | +1641.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,258 | €21,901 | +€20,643 | +1641.2% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.