PHILEMON&BAUCIS: 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.
PHILEMON&BAUCIS
Largest movements
- Receivables within one year +€51,368
up €51,368 (+33.5%), from €153,278 to €204,646
of which Other amounts receivable: +€51,810
- Cash +€25,284
up €25,284 (+69.2%), from €36,523 to €61,807
mainly Other debts (+€180,897) and Depreciation (+€17,330)
- Tangible fixed assets -€11,564
down €11,564 (-5.2%), from €221,454 to €209,891
of which Land and buildings: -€9,460
- Other debts +€180,897
up €180,897 (+281%), from €64,456 to €245,352
- Accrued charges and deferred income -€91,200
down €91,200 (-98.6%), from €92,456 to €1,256
- Profit (loss) carried forward -€22,385
down €22,385 (-85.9%), from -€26,071 to -€48,456
- Gross operating margin -€60,632
down €60,632 (-68.5%), from €88,523 to €27,891
- Financial income +€2,950
up €2,950 (+40.6%), from €7,269 to €10,219
- Other operating charges +€2,601
up €2,601 (+22.0%), from €11,797 to €14,398
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 | €512,007 | €577,418 | +€65,411 | +12.8% |
| Fixed assets | 21/28 | €321,721 | €310,423 | -€11,297 | -3.5% |
| Tangible fixed assets | 22/27 | €221,454 | €209,891 | -€11,564 | -5.2% |
| Land and buildings | 22 | €201,159 | €191,699 | -€9,460 | -4.7% |
| Plant, machinery and equipment | 23 | €3,629 | €3,727 | +€98 | +2.7% |
| Furniture and vehicles | 24 | €12,391 | €11,141 | -€1,250 | -10.1% |
| Other tangible fixed assets | 26 | €4,275 | €3,323 | -€951 | -22.3% |
| Financial fixed assets | 28 | €100,266 | €100,533 | +€266 | +0.3% |
| Current assets | 29/58 | €190,286 | €266,995 | +€76,709 | +40.3% |
| Amounts receivable within one year | 40/41 | €153,278 | €204,646 | +€51,368 | +33.5% |
| Trade receivables | 40 | €442 | €0 | -€442 | -100% |
| Other amounts receivable | 41 | €152,836 | €204,646 | +€51,810 | +33.9% |
| Cash at bank and in hand | 54/58 | €36,523 | €61,807 | +€25,284 | +69.2% |
| Deferred charges and accrued income | 490/1 | €485 | €542 | +€57 | +11.7% |
| Total equity and liabilities | 10/49 | €512,007 | €577,418 | +€65,411 | +12.8% |
| Equity | 10/15 | €331,989 | €309,604 | -€22,385 | -6.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €351,860 | €351,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €350,000 | €350,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€26,071 | -€48,456 | -€22,385 | -85.9% |
| Amounts payable | 17/49 | €180,018 | €267,814 | +€87,796 | +48.8% |
| Amounts payable within one year | 42/48 | €87,562 | €266,558 | +€178,996 | +204% |
| Financial debts | 43 | €1,562 | €1,446 | -€117 | -7.5% |
| Credit institutions | 430/8 | €1,562 | €1,446 | -€117 | -7.5% |
| Trade debts | 44 | €12,851 | €9,740 | -€3,111 | -24.2% |
| Suppliers | 440/4 | €12,851 | €9,740 | -€3,111 | -24.2% |
| Taxes, remuneration and social security | 45 | €8,693 | €10,020 | +€1,327 | +15.3% |
| Taxes | 450/3 | €6,994 | €8,606 | +€1,612 | +23.0% |
| Remuneration and social security | 454/9 | €1,699 | €1,414 | -€285 | -16.8% |
| Other amounts payable | 47/48 | €64,456 | €245,352 | +€180,897 | +281% |
| Accrued charges and deferred income | 492/3 | €92,456 | €1,256 | -€91,200 | -98.6% |
| Remuneration, social security and pensions | 62 | €24,669 | €23,790 | -€880 | -3.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,207 | €17,330 | +€124 | +0.7% |
| Other operating charges | 640/8 | €11,797 | €14,398 | +€2,601 | +22.0% |
| Gross operating margin | 9900 | €88,523 | €27,891 | -€60,632 | -68.5% |
| Operating profit (loss) | 9901 | €34,850 | -€27,627 | -€62,477 | |
| Financial income | 75/76B | €7,269 | €10,219 | +€2,950 | +40.6% |
| Recurring financial income | 75 | €7,269 | €10,219 | +€2,950 | +40.6% |
| Financial charges | 65/66B | €5,328 | €4,506 | -€821 | -15.4% |
| Recurring financial charges | 65 | €5,328 | €4,506 | -€821 | -15.4% |
| Profit (loss) for the period before taxes | 9903 | €36,791 | -€21,914 | -€58,705 | |
| Income taxes | 67/77 | €636 | €471 | -€165 | -25.9% |
| Profit (loss) for the period | 9904 | €36,155 | -€22,385 | -€58,540 | |
| Profit (loss) for the period to be appropriated | 9905 | €36,155 | -€22,385 | -€58,540 |
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 16 October 2026 via checked.be.