PHILIP NIJS: 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 NIJS
Largest movements
- Tangible fixed assets +€38,736
up €38,736 (+1,364%), from €2,840 to €41,576
of which Furniture and vehicles: +€33,889
- Receivables within one year +€18,933
up €18,933 (+286%), from €6,609 to €25,541
of which Trade receivables: +€17,273
- Cash +€4,917
up €4,917 (+23.2%), from €21,155 to €26,072
mainly Net result for the year (+€34,088) and Debts after one year (+€22,204)
- Debts after one year +€22,204
up €22,204 (+1,075%), from €2,065 to €24,268
- Other debts +€12,557
up €12,557 (+105%), from €11,911 to €24,468
- Tax, wage and social debts +€10,651
up €10,651 (+346%), from €3,080 to €13,731
- Profit (loss) carried forward +€10,088
up €10,088 (+222%), from €4,539 to €14,628
- Current portion of long-term debt +€6,565
up €6,565 (+134%), from €4,907 to €11,472
- Gross operating margin +€43,481
up €43,481 (+312%), from €13,952 to €57,433
- Taxes +€11,215
up €11,215 (+918%), from €1,221 to €12,436
- Depreciation +€1,542
up €1,542 (+21.4%), from €7,221 to €8,764
- Financial charges +€877
up €877 (+381%), from €230 to €1,107
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 | €30,604 | €93,190 | +€62,586 | +205% |
| Fixed assets | 21/28 | €2,840 | €41,576 | +€38,736 | +1,364% |
| Tangible fixed assets | 22/27 | €2,840 | €41,576 | +€38,736 | +1,364% |
| Plant, machinery and equipment | 23 | €2,651 | €7,499 | +€4,847 | +183% |
| Furniture and vehicles | 24 | €189 | €34,078 | +€33,889 | +17,969% |
| Current assets | 29/58 | €27,764 | €51,613 | +€23,849 | +85.9% |
| Amounts receivable within one year | 40/41 | €6,609 | €25,541 | +€18,933 | +286% |
| Trade receivables | 40 | €6,029 | €23,302 | +€17,273 | +287% |
| Other amounts receivable | 41 | €580 | €2,239 | +€1,659 | +286% |
| Cash at bank and in hand | 54/58 | €21,155 | €26,072 | +€4,917 | +23.2% |
| Total equity and liabilities | 10/49 | €30,604 | €93,190 | +€62,586 | +205% |
| Equity | 10/15 | €7,539 | €17,628 | +€10,088 | +134% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,539 | €14,628 | +€10,088 | +222% |
| Amounts payable | 17/49 | €23,065 | €75,562 | +€52,498 | +228% |
| Amounts payable after more than one year | 17 | €2,065 | €24,268 | +€22,204 | +1,075% |
| Financial debts | 170/4 | €2,065 | €24,268 | +€22,204 | +1,075% |
| Amounts payable within one year | 42/48 | €21,000 | €51,294 | +€30,294 | +144% |
| Current portion of amounts payable after more than one year | 42 | €4,907 | €11,472 | +€6,565 | +134% |
| Trade debts | 44 | €1,103 | €1,623 | +€520 | +47.1% |
| Suppliers | 440/4 | €1,103 | €1,623 | +€520 | +47.1% |
| Taxes, remuneration and social security | 45 | €3,080 | €13,731 | +€10,651 | +346% |
| Taxes | 450/3 | €3,080 | €13,731 | +€10,651 | +346% |
| Other amounts payable | 47/48 | €11,911 | €24,468 | +€12,557 | +105% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,221 | €8,764 | +€1,542 | +21.4% |
| Other operating charges | 640/8 | €1,008 | €1,099 | +€91 | +9.0% |
| Gross operating margin | 9900 | €13,952 | €57,433 | +€43,481 | +312% |
| Operating profit (loss) | 9901 | €5,723 | €47,570 | +€41,848 | +731% |
| Financial income | 75/76B | €32 | €61 | +€29 | +92.7% |
| Recurring financial income | 75 | €32 | €61 | +€29 | +92.7% |
| Financial charges | 65/66B | €230 | €1,107 | +€877 | +381% |
| Recurring financial charges | 65 | €230 | €1,107 | +€877 | +381% |
| Profit (loss) for the period before taxes | 9903 | €5,524 | €46,525 | +€41,000 | +742% |
| Income taxes | 67/77 | €1,221 | €12,436 | +€11,215 | +918% |
| Profit (loss) for the period | 9904 | €4,303 | €34,088 | +€29,785 | +692% |
| Profit (loss) for the period to be appropriated | 9905 | €4,303 | €34,088 | +€29,785 | +692% |
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 31 October 2026 via checked.be.