PHILDINE DESIGN: 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.
PHILDINE DESIGN
Largest movements
- Receivables within one year +€26,364
up €26,364 (+68.8%), from €38,341 to €64,704
of which Other amounts receivable: +€27,344
- Cash -€9,950
down €9,950 (-91.7%), from €10,846 to €896
mainly Receivables within one year (-€26,364) and Contributions, distributions and other (-€2,000)
- Deferred charges and accrued income +€1,116
new in 2024: €1,116
- Tax, wage and social debts +€7,839
up €7,839 (+54.6%), from €14,367 to €22,207
- Trade debts +€4,952
up €4,952 (+156%), from €3,172 to €8,124
- Reserves +€4,552
up €4,552 (+45.5%), from €10,000 to €14,552
- Turnover +€41,415
new in 2024: €41,415
- Purchases and services +€27,588
new in 2024: €27,588
- Gross operating margin -€6,090
down €6,090 (-30.6%), from €19,918 to €13,827
- Taxes -€610
down €610 (-10.2%), from €6,000 to €5,390
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €50,687 | €67,636 | +€16,949 | +33.4% |
| Fixed assets | 21/28 | €1,500 | €919 | -€581 | -38.7% |
| Tangible fixed assets | 22/27 | €1,500 | €919 | -€581 | -38.7% |
| Furniture and vehicles | 24 | €1,500 | €919 | -€581 | -38.7% |
| Current assets | 29/58 | €49,187 | €66,717 | +€17,530 | +35.6% |
| Amounts receivable within one year | 40/41 | €38,341 | €64,704 | +€26,364 | +68.8% |
| Trade receivables | 40 | €980 | - | -€980 | |
| Other amounts receivable | 41 | €37,361 | €64,704 | +€27,344 | +73.2% |
| Cash at bank and in hand | 54/58 | €10,846 | €896 | -€9,950 | -91.7% |
| Deferred charges and accrued income | 490/1 | - | €1,116 | +€1,116 | |
| Total equity and liabilities | 10/49 | €50,687 | €67,636 | +€16,949 | +33.4% |
| Equity | 10/15 | €32,754 | €37,305 | +€4,552 | +13.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Capital | 10 | €18,600 | - | -€18,600 | |
| Issued capital | 100 | €18,600 | - | -€18,600 | |
| Reserves | 13 | €10,000 | €14,552 | +€4,552 | +45.5% |
| Distributable reserves | 133 | €10,000 | €14,552 | +€4,552 | +45.5% |
| Profit (loss) carried forward | 14 | €4,154 | €4,154 | = | 0.0% |
| Amounts payable | 17/49 | €17,933 | €30,331 | +€12,397 | +69.1% |
| Amounts payable within one year | 42/48 | €17,539 | €30,331 | +€12,792 | +72.9% |
| Trade debts | 44 | €3,172 | €8,124 | +€4,952 | +156% |
| Suppliers | 440/4 | €3,172 | €8,124 | +€4,952 | +156% |
| Taxes, remuneration and social security | 45 | €14,367 | €22,207 | +€7,839 | +54.6% |
| Taxes | 450/3 | €14,367 | €22,207 | +€7,839 | +54.6% |
| Accrued charges and deferred income | 492/3 | €394 | - | -€394 | |
| Turnover | 70 | - | €41,415 | +€41,415 | |
| Goods, raw materials, services and sundry goods | 60/61 | - | €27,588 | +€27,588 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €581 | €581 | = | 0.0% |
| Other operating charges | 640/8 | €1,317 | €1,250 | -€67 | -5.1% |
| Gross operating margin | 9900 | €19,918 | €13,827 | -€6,090 | -30.6% |
| Operating profit (loss) | 9901 | €18,020 | €11,996 | -€6,023 | -33.4% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €85 | €54 | -€31 | -36.1% |
| Recurring financial charges | 65 | €85 | €54 | -€31 | -36.1% |
| Profit (loss) for the period before taxes | 9903 | €17,935 | €11,942 | -€5,993 | -33.4% |
| Income taxes | 67/77 | €6,000 | €5,390 | -€610 | -10.2% |
| Profit (loss) for the period | 9904 | €11,935 | €6,552 | -€5,383 | -45.1% |
| Profit (loss) for the period to be appropriated | 9905 | €11,935 | €6,552 | -€5,383 | -45.1% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 14 October 2026 via checked.be.