PHILIDEL: 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.
What changed
PHILIDEL
NACE 49.410, Freight transport by road
fiscal year 2023 against 2024filed annual accounts (NBB)
Net result for the year
€6,209
2023 · €40,805-€34,596
Equity
€769,589
2023 · €756,274+€13,315
Cash
€4,541
2023 · €790+€3,751
Balance sheet total
€1.7m
2023 · €1.8m-€34,441
Largest movements
Assets
- Receivables within one year -€188,755
down €188,755 (-56.4%), from €334,550 to €145,795
of which Trade receivables: -€213,526
- Tangible fixed assets +€92,609
up €92,609 (+13.8%), from €669,452 to €762,060
of which Furniture and vehicles: +€109,480
- Stocks and contracts +€47,609
new in 2024: €47,609
Equity and liabilities
- Other debts -€92,558
down €92,558 (-32.3%), from €286,581 to €194,023
- Debts after one year +€42,316
up €42,316 (+14.3%), from €295,342 to €337,658
- Current portion of long-term debt +€20,281
up €20,281 (+15.4%), from €131,448 to €151,730
Income statement
- Staff costs +€146,377
up €146,377 (+45.9%), from €319,039 to €465,416
- Gross operating margin +€126,770
up €126,770 (+25.3%), from €501,001 to €627,771
- Depreciation +€27,487
up €27,487 (+29.9%), from €92,032 to €119,519
- Taxes -€17,690
down €17,690 (-77.3%), from €22,877 to €5,187
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.
Result 2023
€40,805
Gross operating margin
+€126,770
Staff costs
-€146,377
Depreciation
-€27,487
Other operating charges
-€3,141
Financial income
+€793
Financial charges
-€1,745
Taxes
+€17,690
Deferred taxes and other
-€1,099
Result 2024
€6,209
Cash bridge derived
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.
From operations
+€153,062
Investment
-€212,127
Financing
+€62,816
Cash 2023
€790
From operations (derived)
+€153,062
Net result for the year
+€6,209
Depreciation
+€119,519
Stocks and contracts
-€47,609
Receivables within one year
+€188,755
Deferred charges and accrued income
-€10,346
Provisions
-€1,099
Trade debts
-€5,404
Tax, wage and social debts
-€4,405
Other debts
-€92,558
Investment (derived)
-€212,127
Investment in fixed assets (net)
-€212,127
Financing
+€62,816
Debts after one year
+€42,316
Current portion of long-term debt
+€20,281
Short-term financial debts
-€6,887
Contributions, distributions and other
+€7,106
Cash 2024
€4,541
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,767,933 | €1,733,492 | -€34,441 | -1.9% |
| Fixed assets | 21/28 | €1,401,378 | €1,493,987 | +€92,609 | +6.6% |
| Tangible fixed assets | 22/27 | €669,452 | €762,060 | +€92,609 | +13.8% |
| Land and buildings | 22 | €396,246 | €379,374 | -€16,871 | -4.3% |
| Furniture and vehicles | 24 | €273,206 | €382,686 | +€109,480 | +40.1% |
| Financial fixed assets | 28 | €731,926 | €731,926 | = | 0.0% |
| Current assets | 29/58 | €366,555 | €239,505 | -€127,050 | -34.7% |
| Stocks and contracts in progress | 3 | - | €47,609 | +€47,609 | |
| Stocks | 30/36 | - | €47,609 | +€47,609 | |
| Amounts receivable within one year | 40/41 | €334,550 | €145,795 | -€188,755 | -56.4% |
| Trade receivables | 40 | €327,427 | €113,901 | -€213,526 | -65.2% |
| Other amounts receivable | 41 | €7,123 | €31,894 | +€24,771 | +347.8% |
| Cash at bank and in hand | 54/58 | €790 | €4,541 | +€3,751 | +474.7% |
| Deferred charges and accrued income | 490/1 | €31,214 | €41,560 | +€10,346 | +33.1% |
| Total equity and liabilities | 10/49 | €1,767,933 | €1,733,492 | -€34,441 | -1.9% |
| Equity | 10/15 | €756,274 | €769,589 | +€13,315 | +1.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €328,787 | €325,489 | -€3,298 | -1.0% |
| Tax-exempt reserves | 132 | €32,927 | €29,629 | -€3,298 | -10.0% |
| Distributable reserves | 133 | €295,860 | €295,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €415,087 | €425,693 | +€10,606 | +2.6% |
| Investment grants | 15 | - | €6,007 | +€6,007 | |
| Provisions and deferred taxes | 16 | €10,982 | €9,883 | -€1,099 | -10.0% |
| Deferred taxes | 168 | €10,982 | €9,883 | -€1,099 | -10.0% |
| Amounts payable | 17/49 | €1,000,676 | €954,020 | -€46,656 | -4.7% |
| Amounts payable after more than one year | 17 | €295,342 | €337,658 | +€42,316 | +14.3% |
| Financial debts | 170/4 | €295,342 | €337,658 | +€42,316 | +14.3% |
| Amounts payable within one year | 42/48 | €705,334 | €616,362 | -€88,972 | -12.6% |
| Current portion of amounts payable after more than one year | 42 | €131,448 | €151,730 | +€20,281 | +15.4% |
| Financial debts | 43 | €19,116 | €12,229 | -€6,887 | -36.0% |
| Credit institutions | 430/8 | €19,116 | €12,229 | -€6,887 | -36.0% |
| Trade debts | 44 | €193,211 | €187,807 | -€5,404 | -2.8% |
| Suppliers | 440/4 | €193,211 | €187,807 | -€5,404 | -2.8% |
| Taxes, remuneration and social security | 45 | €74,978 | €70,573 | -€4,405 | -5.9% |
| Taxes | 450/3 | €36,096 | €23,444 | -€12,653 | -35.1% |
| Remuneration and social security | 454/9 | €38,881 | €47,129 | +€8,248 | +21.2% |
| Other amounts payable | 47/48 | €286,581 | €194,023 | -€92,558 | -32.3% |
| Remuneration, social security and pensions | 62 | €319,039 | €465,416 | +€146,377 | +45.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €92,032 | €119,519 | +€27,487 | +29.9% |
| Other operating charges | 640/8 | €9,040 | €12,181 | +€3,141 | +34.7% |
| Gross operating margin | 9900 | €501,001 | €627,771 | +€126,770 | +25.3% |
| Operating profit (loss) | 9901 | €80,890 | €30,655 | -€50,235 | -62.1% |
| Financial income | 75/76B | - | €793 | +€793 | |
| Recurring financial income | 75 | - | €793 | +€793 | |
| Financial charges | 65/66B | €18,308 | €20,053 | +€1,745 | +9.5% |
| Recurring financial charges | 65 | €18,308 | €20,053 | +€1,745 | +9.5% |
| Profit (loss) for the period before taxes | 9903 | €62,582 | €11,395 | -€51,187 | -81.8% |
| Transfer from deferred taxes | 780 | €1,099 | - | -€1,099 | |
| Income taxes | 67/77 | €22,877 | €5,187 | -€17,690 | -77.3% |
| Profit (loss) for the period | 9904 | €40,805 | €6,209 | -€34,596 | -84.8% |
| Transfer from tax-exempt reserves | 789 | €3,298 | €4,398 | +€1,099 | +33.3% |
| Profit (loss) for the period to be appropriated | 9905 | €44,103 | €10,606 | -€33,497 | -76.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 September 2026 via checked.be.