PHILIN: 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.
PHILIN
Largest movements
- Receivables within one year +€27,677
up €27,677 (+251.6%), from €11,000 to €38,677
of which Trade receivables: +€15,529
- Cash +€5,533
up €5,533 (+1585.4%), from €349 to €5,882
mainly Net result for the year (+€45,767) and Other debts (+€12,759)
- Tangible fixed assets -€833
down €833 (-30.1%), from €2,772 to €1,939
- Other debts +€12,759
up €12,759 (+60.3%), from €21,159 to €33,918
- Profit (loss) carried forward +€11,849
up €11,849, from -€11,849 to €0
- Tax, wage and social debts +€8,305
new in 2025: €8,305
- Trade debts -€536
down €536 (-66.1%), from €811 to €275
- Gross operating margin +€65,271
up €65,271, from -€3,161 to €62,110
- Taxes +€15,273
new in 2025: €15,273
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 | €14,121 | €46,498 | +€32,377 | +229.3% |
| Fixed assets | 21/28 | €2,772 | €1,939 | -€833 | -30.1% |
| Tangible fixed assets | 22/27 | €2,772 | €1,939 | -€833 | -30.1% |
| Furniture and vehicles | 24 | €2,772 | €1,939 | -€833 | -30.1% |
| Current assets | 29/58 | €11,349 | €44,559 | +€33,210 | +292.6% |
| Amounts receivable within one year | 40/41 | €11,000 | €38,677 | +€27,677 | +251.6% |
| Trade receivables | 40 | €11,000 | €26,529 | +€15,529 | +141.2% |
| Other amounts receivable | 41 | - | €12,147 | +€12,147 | |
| Cash at bank and in hand | 54/58 | €349 | €5,882 | +€5,533 | +1585.4% |
| Total equity and liabilities | 10/49 | €14,121 | €46,498 | +€32,377 | +229.3% |
| Equity | 10/15 | -€7,849 | €4,000 | +€11,849 | |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,849 | €0 | +€11,849 | |
| Amounts payable | 17/49 | €21,970 | €42,498 | +€20,528 | +93.4% |
| Amounts payable within one year | 42/48 | €21,970 | €42,498 | +€20,528 | +93.4% |
| Trade debts | 44 | €811 | €275 | -€536 | -66.1% |
| Suppliers | 440/4 | €811 | €275 | -€536 | -66.1% |
| Taxes, remuneration and social security | 45 | - | €8,305 | +€8,305 | |
| Taxes | 450/3 | - | €8,305 | +€8,305 | |
| Other amounts payable | 47/48 | €21,159 | €33,918 | +€12,759 | +60.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €543 | €833 | +€290 | +53.5% |
| Other operating charges | 640/8 | €513 | €128 | -€385 | -75.1% |
| Gross operating margin | 9900 | -€3,161 | €62,110 | +€65,271 | |
| Operating profit (loss) | 9901 | -€4,217 | €61,149 | +€65,366 | |
| Financial income | 75/76B | - | €44 | +€44 | |
| Recurring financial income | 75 | - | €44 | +€44 | |
| Financial charges | 65/66B | €137 | €153 | +€15 | +11.1% |
| Recurring financial charges | 65 | €137 | €153 | +€15 | +11.1% |
| Profit (loss) for the period before taxes | 9903 | -€4,355 | €61,040 | +€65,395 | |
| Income taxes | 67/77 | - | €15,273 | +€15,273 | |
| Profit (loss) for the period | 9904 | -€4,355 | €45,767 | +€50,122 | |
| Profit (loss) for the period to be appropriated | 9905 | -€4,355 | €45,767 | +€50,122 |
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 2 October 2026 via checked.be.