PHILIANE: 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.
PHILIANE
Largest movements
- Cash -€1,710
down €1,710 (-100.0%), from €1,710 to €0
mainly Net result for the year (-€10,045) and Tax, wage and social debts (-€2,029)
- Tangible fixed assets -€1,535
down €1,535 (-13.8%), from €11,121 to €9,586
of which Land and buildings: -€1,571
- Receivables within one year +€687
up €687 (+6.5%), from €10,528 to €11,215
- Stocks and contracts -€345
down €345 (-5.4%), from €6,434 to €6,089
- Profit (loss) carried forward -€10,045
down €10,045 (-29.0%), from -€34,600 to -€44,645
- Debts after one year +€7,628
up €7,628 (+62.4%), from €12,228 to €19,856
- Tax, wage and social debts -€2,029
down €2,029 (-30.8%), from €6,596 to €4,567
of which Taxes: -€1,202
- Trade debts +€1,270
up €1,270 (+2186.3%), from €58 to €1,328
- Short-term financial debts +€610
new in 2025: €610
- Gross operating margin -€5,234
down €5,234 (-389.6%), from -€1,343 to -€6,577
- Depreciation -€4,963
down €4,963 (-69.9%), from €7,102 to €2,139
- Write-downs +€853
new in 2025: €853
- Other operating charges -€554
down €554 (-61.3%), from €904 to €350
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 | €31,654 | €28,978 | -€2,676 | -8.5% |
| Fixed assets | 21/28 | €11,146 | €9,611 | -€1,535 | -13.8% |
| Tangible fixed assets | 22/27 | €11,121 | €9,586 | -€1,535 | -13.8% |
| Land and buildings | 22 | €10,362 | €8,790 | -€1,571 | -15.2% |
| Plant, machinery and equipment | 23 | €760 | €795 | +€36 | +4.7% |
| Financial fixed assets | 28 | €25 | €25 | = | 0.0% |
| Current assets | 29/58 | €20,508 | €19,367 | -€1,141 | -5.6% |
| Stocks and contracts in progress | 3 | €6,434 | €6,089 | -€345 | -5.4% |
| Stocks | 30/36 | €6,434 | €6,089 | -€345 | -5.4% |
| Amounts receivable within one year | 40/41 | €10,528 | €11,215 | +€687 | +6.5% |
| Trade receivables | 40 | €10,528 | €11,215 | +€687 | +6.5% |
| Cash at bank and in hand | 54/58 | €1,710 | €0 | -€1,710 | -100.0% |
| Deferred charges and accrued income | 490/1 | €1,836 | €2,063 | +€227 | +12.4% |
| Total equity and liabilities | 10/49 | €31,654 | €28,978 | -€2,676 | -8.5% |
| Equity | 10/15 | €12,652 | €2,607 | -€10,045 | -79.4% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €41,052 | €41,052 | = | 0.0% |
| Distributable reserves | 133 | €41,052 | €41,052 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€34,600 | -€44,645 | -€10,045 | -29.0% |
| Amounts payable | 17/49 | €19,002 | €26,371 | +€7,369 | +38.8% |
| Amounts payable after more than one year | 17 | €12,228 | €19,856 | +€7,628 | +62.4% |
| Other amounts payable | 178/9 | €12,228 | €19,856 | +€7,628 | +62.4% |
| Amounts payable within one year | 42/48 | €6,757 | €6,505 | -€251 | -3.7% |
| Current portion of amounts payable after more than one year | 42 | €102 | - | -€102 | |
| Financial debts | 43 | - | €610 | +€610 | |
| Credit institutions | 430/8 | - | €610 | +€610 | |
| Trade debts | 44 | €58 | €1,328 | +€1,270 | +2186.3% |
| Suppliers | 440/4 | €58 | €1,328 | +€1,270 | +2186.3% |
| Taxes, remuneration and social security | 45 | €6,596 | €4,567 | -€2,029 | -30.8% |
| Taxes | 450/3 | €3,458 | €2,255 | -€1,202 | -34.8% |
| Remuneration and social security | 454/9 | €3,139 | €2,312 | -€827 | -26.4% |
| Accrued charges and deferred income | 492/3 | €18 | €10 | -€8 | -44.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,102 | €2,139 | -€4,963 | -69.9% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | €853 | +€853 | |
| Other operating charges | 640/8 | €904 | €350 | -€554 | -61.3% |
| Gross operating margin | 9900 | -€1,343 | -€6,577 | -€5,234 | -389.6% |
| Operating profit (loss) | 9901 | -€9,349 | -€9,919 | -€570 | -6.1% |
| Financial income | 75/76B | €5 | €8 | +€3 | +49.8% |
| Recurring financial income | 75 | €5 | €8 | +€3 | +49.8% |
| Financial charges | 65/66B | €155 | €134 | -€21 | -13.7% |
| Recurring financial charges | 65 | €155 | €134 | -€21 | -13.7% |
| Profit (loss) for the period before taxes | 9903 | -€9,499 | -€10,045 | -€546 | -5.7% |
| Income taxes | 67/77 | -€31 | - | +€31 | |
| Profit (loss) for the period | 9904 | -€9,469 | -€10,045 | -€577 | -6.1% |
| Profit (loss) for the period to be appropriated | 9905 | -€9,469 | -€10,045 | -€577 | -6.1% |
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 3 October 2026 via checked.be.