PHILIP DE ROO: 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.
PHILIP DE ROO
Largest movements
- Tangible fixed assets -€31,659
down €31,659 (-3.9%), from €818,227 to €786,568
of which Land and buildings: -€31,035
- Cash +€13,268
up €13,268 (+26.1%), from €50,810 to €64,078
mainly Net result for the year (+€103,077) and Depreciation (+€31,659)
- Debts after one year -€35,621
down €35,621 (-6.7%), from €534,316 to €498,694
- Other debts +€13,281
up €13,281 (+3.4%), from €391,763 to €405,044
- Gross operating margin +€47,179
up €47,179 (+37.9%), from €124,441 to €171,620
- Taxes +€11,762
up €11,762 (+65.0%), from €18,107 to €29,869
- Other operating charges +€2,256
up €2,256 (+147%), from €1,537 to €3,793
- Depreciation -€1,905
down €1,905 (-5.7%), from €33,565 to €31,659
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 | €977,061 | €956,420 | -€20,640 | -2.1% |
| Fixed assets | 21/28 | €818,227 | €786,568 | -€31,659 | -3.9% |
| Tangible fixed assets | 22/27 | €818,227 | €786,568 | -€31,659 | -3.9% |
| Land and buildings | 22 | €812,744 | €781,709 | -€31,035 | -3.8% |
| Furniture and vehicles | 24 | €5,483 | €4,859 | -€624 | -11.4% |
| Current assets | 29/58 | €158,834 | €169,853 | +€11,019 | +6.9% |
| Amounts receivable within one year | 40/41 | €5,829 | €976 | -€4,852 | -83.3% |
| Trade receivables | 40 | €3,030 | €976 | -€2,054 | -67.8% |
| Other amounts receivable | 41 | €2,798 | €0 | -€2,798 | -100% |
| Current investments | 50/53 | €100,000 | €101,968 | +€1,968 | +2.0% |
| Cash at bank and in hand | 54/58 | €50,810 | €64,078 | +€13,268 | +26.1% |
| Deferred charges and accrued income | 490/1 | €2,195 | €2,831 | +€636 | +29.0% |
| Total equity and liabilities | 10/49 | €977,061 | €956,420 | -€20,640 | -2.1% |
| Equity | 10/15 | €10,000 | €10,000 | = | 0.0% |
| Contributions | 10/11 | €10,000 | €10,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €967,061 | €946,420 | -€20,640 | -2.1% |
| Amounts payable after more than one year | 17 | €534,316 | €498,694 | -€35,621 | -6.7% |
| Financial debts | 170/4 | €534,316 | €498,694 | -€35,621 | -6.7% |
| Amounts payable within one year | 42/48 | €431,082 | €446,073 | +€14,991 | +3.5% |
| Current portion of amounts payable after more than one year | 42 | €35,621 | €35,621 | = | 0.0% |
| Trade debts | 44 | €3,357 | €550 | -€2,808 | -83.6% |
| Suppliers | 440/4 | €3,357 | €550 | -€2,808 | -83.6% |
| Taxes, remuneration and social security | 45 | €340 | €4,858 | +€4,517 | +1,328% |
| Taxes | 450/3 | €340 | €4,858 | +€4,517 | +1,328% |
| Other amounts payable | 47/48 | €391,763 | €405,044 | +€13,281 | +3.4% |
| Accrued charges and deferred income | 492/3 | €1,663 | €1,653 | -€10 | -0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €33,565 | €31,659 | -€1,905 | -5.7% |
| Other operating charges | 640/8 | €1,537 | €3,793 | +€2,256 | +147% |
| Gross operating margin | 9900 | €124,441 | €171,620 | +€47,179 | +37.9% |
| Operating profit (loss) | 9901 | €89,340 | €136,168 | +€46,828 | +52.4% |
| Financial income | 75/76B | €1,352 | €2,828 | +€1,475 | +109% |
| Recurring financial income | 75 | €1,352 | €2,828 | +€1,475 | +109% |
| Financial charges | 65/66B | €6,857 | €6,049 | -€808 | -11.8% |
| Recurring financial charges | 65 | €6,857 | €6,049 | -€808 | -11.8% |
| Profit (loss) for the period before taxes | 9903 | €83,835 | €132,946 | +€49,111 | +58.6% |
| Income taxes | 67/77 | €18,107 | €29,869 | +€11,762 | +65.0% |
| Profit (loss) for the period | 9904 | €65,728 | €103,077 | +€37,349 | +56.8% |
| Profit (loss) for the period to be appropriated | 9905 | €65,728 | €103,077 | +€37,349 | +56.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.