PHILE-ELECTRIC: 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.
PHILE-ELECTRIC
Largest movements
- Receivables within one year -€83,161
down €83,161 (-87.6%), from €94,962 to €11,801
of which Other amounts receivable: -€69,940
- Tangible fixed assets -€3,573
down €3,573 (-58.8%), from €6,074 to €2,501
of which Furniture and vehicles: -€2,373
- Other debts -€78,994
down €78,994 (-92.9%), from €85,000 to €6,006
- Trade debts -€14,656
down €14,656 (-99.3%), from €14,764 to €108
- Profit (loss) carried forward +€7,371
up €7,371 (+23.3%), from €31,594 to €38,965
- Gross operating margin +€21,216
up €21,216, from -€5,015 to €16,202
- Depreciation -€5,204
down €5,204 (-67.2%), from €7,744 to €2,539
- Other operating charges +€4,007
up €4,007 (+596%), from €673 to €4,680
- Financial charges -€1,314
down €1,314 (-46.0%), from €2,857 to €1,543
- Taxes -€436
down €436 (-86.4%), from €505 to €69
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 | €133,358 | €47,079 | -€86,280 | -64.7% |
| Fixed assets | 21/28 | €6,074 | €2,501 | -€3,573 | -58.8% |
| Tangible fixed assets | 22/27 | €6,074 | €2,501 | -€3,573 | -58.8% |
| Plant, machinery and equipment | 23 | €2,100 | €900 | -€1,200 | -57.1% |
| Furniture and vehicles | 24 | €3,974 | €1,601 | -€2,373 | -59.7% |
| Current assets | 29/58 | €127,284 | €44,577 | -€82,707 | -65.0% |
| Amounts receivable within one year | 40/41 | €94,962 | €11,801 | -€83,161 | -87.6% |
| Trade receivables | 40 | €14,321 | €1,100 | -€13,221 | -92.3% |
| Other amounts receivable | 41 | €80,641 | €10,701 | -€69,940 | -86.7% |
| Cash at bank and in hand | 54/58 | €31,732 | €32,299 | +€567 | +1.8% |
| Deferred charges and accrued income | 490/1 | €590 | €477 | -€113 | -19.2% |
| Total equity and liabilities | 10/49 | €133,358 | €47,079 | -€86,280 | -64.7% |
| Equity | 10/15 | €33,594 | €40,965 | +€7,371 | +21.9% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €31,594 | €38,965 | +€7,371 | +23.3% |
| Amounts payable | 17/49 | €99,764 | €6,114 | -€93,651 | -93.9% |
| Amounts payable within one year | 42/48 | €99,764 | €6,114 | -€93,651 | -93.9% |
| Trade debts | 44 | €14,764 | €108 | -€14,656 | -99.3% |
| Suppliers | 440/4 | €14,764 | €108 | -€14,656 | -99.3% |
| Other amounts payable | 47/48 | €85,000 | €6,006 | -€78,994 | -92.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,744 | €2,539 | -€5,204 | -67.2% |
| Other operating charges | 640/8 | €673 | €4,680 | +€4,007 | +596% |
| Gross operating margin | 9900 | -€5,015 | €16,202 | +€21,216 | |
| Operating profit (loss) | 9901 | -€13,431 | €8,982 | +€22,413 | |
| Financial income | 75/76B | €1 | - | -€1 | |
| Recurring financial income | 75 | €1 | - | -€1 | |
| Financial charges | 65/66B | €2,857 | €1,543 | -€1,314 | -46.0% |
| Recurring financial charges | 65 | €2,857 | €1,543 | -€1,314 | -46.0% |
| Profit (loss) for the period before taxes | 9903 | -€16,287 | €7,440 | +€23,726 | |
| Income taxes | 67/77 | €505 | €69 | -€436 | -86.4% |
| Profit (loss) for the period | 9904 | -€16,791 | €7,371 | +€24,162 | |
| Profit (loss) for the period to be appropriated | 9905 | -€16,791 | €7,371 | +€24,162 |
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.