Philexis: 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.
Philexis
Largest movements
- Current investments +€19,000
up €19,000 (+25.3%), from €75,000 to €94,000
- Cash +€1,755
up €1,755 (+698.5%), from €251 to €2,007
mainly Net result for the year (+€18,878) and Tax, wage and social debts (+€2,354)
- Reserves +€18,878
up €18,878 (+25.7%), from €73,526 to €92,403
- Tax, wage and social debts +€2,354
up €2,354 (+57.6%), from €4,089 to €6,443
- Gross operating margin +€5,660
up €5,660 (+25.1%), from €22,585 to €28,245
- Taxes +€2,716
up €2,716 (+44.4%), from €6,117 to €8,833
- Financial income -€1,438
down €1,438 (-89.7%), from €1,603 to €165
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 | €80,669 | €101,847 | +€21,178 | +26.3% |
| Fixed assets | 21/28 | €274 | €123 | -€151 | -55.1% |
| Tangible fixed assets | 22/27 | €274 | €123 | -€151 | -55.1% |
| Furniture and vehicles | 24 | €274 | €123 | -€151 | -55.1% |
| Current assets | 29/58 | €80,395 | €101,724 | +€21,329 | +26.5% |
| Amounts receivable within one year | 40/41 | €5,143 | €5,717 | +€574 | +11.2% |
| Trade receivables | 40 | €5,136 | €5,710 | +€574 | +11.2% |
| Other amounts receivable | 41 | €7 | €7 | = | 0.0% |
| Current investments | 50/53 | €75,000 | €94,000 | +€19,000 | +25.3% |
| Cash at bank and in hand | 54/58 | €251 | €2,007 | +€1,755 | +698.5% |
| Total equity and liabilities | 10/49 | €80,669 | €101,847 | +€21,178 | +26.3% |
| Equity | 10/15 | €76,526 | €95,403 | +€18,878 | +24.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €73,526 | €92,403 | +€18,878 | +25.7% |
| Distributable reserves | 133 | €73,526 | €92,403 | +€18,878 | +25.7% |
| Amounts payable | 17/49 | €4,143 | €6,443 | +€2,300 | +55.5% |
| Amounts payable within one year | 42/48 | €4,143 | €6,443 | +€2,300 | +55.5% |
| Trade debts | 44 | €54 | - | -€54 | |
| Suppliers | 440/4 | €54 | - | -€54 | |
| Taxes, remuneration and social security | 45 | €4,089 | €6,443 | +€2,354 | +57.6% |
| Taxes | 450/3 | €4,089 | €6,443 | +€2,354 | +57.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €151 | €151 | = | 0.0% |
| Other operating charges | 640/8 | €387 | €400 | +€12 | +3.2% |
| Gross operating margin | 9900 | €22,585 | €28,245 | +€5,660 | +25.1% |
| Operating profit (loss) | 9901 | €22,046 | €27,694 | +€5,647 | +25.6% |
| Financial income | 75/76B | €1,603 | €165 | -€1,438 | -89.7% |
| Recurring financial income | 75 | €1,603 | €165 | -€1,438 | -89.7% |
| Financial charges | 65/66B | €186 | €148 | -€38 | -20.6% |
| Recurring financial charges | 65 | €186 | €148 | -€38 | -20.6% |
| Profit (loss) for the period before taxes | 9903 | €23,463 | €27,711 | +€4,247 | +18.1% |
| Income taxes | 67/77 | €6,117 | €8,833 | +€2,716 | +44.4% |
| Profit (loss) for the period | 9904 | €17,346 | €18,878 | +€1,532 | +8.8% |
| Profit (loss) for the period to be appropriated | 9905 | €17,346 | €18,878 | +€1,532 | +8.8% |
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 11 October 2026 via checked.be.