PHILIP PLATTEAU: what changed
PHILIP PLATTEAU
Largest movements
- Cash +€47,447
up €47,447 (+69.8%), from €67,943 to €115,390
mainly Net result for the year (+€61,344) and Depreciation (+€4,978)
- Receivables within one year +€11,250
up €11,250 (+15.9%), from €70,650 to €81,900
of which Trade receivables: +€11,250
- Tangible fixed assets -€4,978
down €4,978 (-26.1%), from €19,036 to €14,059
of which Furniture and vehicles: -€4,243
- Reserves +€61,344
up €61,344 (+90.3%), from €67,917 to €129,261
- Other debts -€9,577
down €9,577 (-14.0%), from €68,378 to €58,800
- Accrued charges and deferred income +€4,082
new in 2025: €4,082
- Gross operating margin +€15,096
up €15,096 (+19.9%), from €75,971 to €91,067
- Taxes +€4,092
up €4,092 (+27.3%), from €14,991 to €19,083
- Financial charges +€3,808
up €3,808 (+297%), from €1,281 to €5,089
- Depreciation -€1,685
down €1,685 (-25.3%), from €6,663 to €4,978
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €159,791 | €213,827 | +€54,036 | +33.8% |
| Fixed assets | 21/28 | €19,036 | €14,059 | -€4,978 | -26.1% |
| Tangible fixed assets | 22/27 | €19,036 | €14,059 | -€4,978 | -26.1% |
| Plant, machinery and equipment | 23 | €921 | €186 | -€734 | -79.8% |
| Furniture and vehicles | 24 | €6,238 | €1,995 | -€4,243 | -68.0% |
| Other tangible fixed assets | 26 | €11,877 | €11,877 | = | 0.0% |
| Current assets | 29/58 | €140,755 | €199,769 | +€59,014 | +41.9% |
| Amounts receivable within one year | 40/41 | €70,650 | €81,900 | +€11,250 | +15.9% |
| Trade receivables | 40 | €70,650 | €81,900 | +€11,250 | +15.9% |
| Other amounts receivable | 41 | €0 | - | = | |
| Cash at bank and in hand | 54/58 | €67,943 | €115,390 | +€47,447 | +69.8% |
| Deferred charges and accrued income | 490/1 | €2,162 | €2,478 | +€316 | +14.6% |
| Total equity and liabilities | 10/49 | €159,791 | €213,827 | +€54,036 | +33.8% |
| Equity | 10/15 | €72,917 | €134,261 | +€61,344 | +84.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €67,917 | €129,261 | +€61,344 | +90.3% |
| Distributable reserves | 133 | €67,917 | €129,261 | +€61,344 | +90.3% |
| Profit (loss) carried forward | 14 | €0 | - | = | |
| Amounts payable | 17/49 | €86,875 | €79,566 | -€7,308 | -8.4% |
| Amounts payable within one year | 42/48 | €86,875 | €75,484 | -€11,391 | -13.1% |
| Trade debts | 44 | €873 | €244 | -€629 | -72.1% |
| Suppliers | 440/4 | €873 | €244 | -€629 | -72.1% |
| Taxes, remuneration and social security | 45 | €17,624 | €16,440 | -€1,184 | -6.7% |
| Taxes | 450/3 | €17,624 | €16,440 | -€1,184 | -6.7% |
| Other amounts payable | 47/48 | €68,378 | €58,800 | -€9,577 | -14.0% |
| Accrued charges and deferred income | 492/3 | - | €4,082 | +€4,082 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,663 | €4,978 | -€1,685 | -25.3% |
| Other operating charges | 640/8 | €799 | €576 | -€223 | -27.9% |
| Gross operating margin | 9900 | €75,971 | €91,067 | +€15,096 | +19.9% |
| Operating profit (loss) | 9901 | €68,508 | €85,512 | +€17,005 | +24.8% |
| Financial income | 75/76B | €3 | €4 | +€1 | +27.2% |
| Recurring financial income | 75 | €3 | €4 | +€1 | +27.2% |
| Financial charges | 65/66B | €1,281 | €5,089 | +€3,808 | +297% |
| Recurring financial charges | 65 | €1,281 | €5,089 | +€3,808 | +297% |
| Profit (loss) for the period before taxes | 9903 | €67,230 | €80,427 | +€13,197 | +19.6% |
| Income taxes | 67/77 | €14,991 | €19,083 | +€4,092 | +27.3% |
| Profit (loss) for the period | 9904 | €52,239 | €61,344 | +€9,105 | +17.4% |
| Profit (loss) for the period to be appropriated | 9905 | €52,239 | €61,344 | +€9,105 | +17.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.