PHILIPPA SURGERY: 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.
PHILIPPA SURGERY
Largest movements
- Receivables within one year +€32,159
up €32,159 (+115.8%), from €27,767 to €59,925
- Cash -€2,919
down €2,919 (-97.4%), from €2,997 to €78
mainly Trade debts (-€38,909) and Receivables within one year (-€32,159)
- Tangible fixed assets -€1,330
down €1,330 (-3.5%), from €37,665 to €36,335
- Trade debts -€38,909
down €38,909 (-99.2%), from €39,216 to €307
- Debts after one year +€36,876
new in 2025: €36,876
- Reserves +€18,207
up €18,207 (+233.3%), from €7,804 to €26,011
- Tax, wage and social debts +€5,569
up €5,569 (+246.8%), from €2,257 to €7,825
- Current portion of long-term debt +€4,070
new in 2025: €4,070
- Gross operating margin +€10,493
up €10,493 (+54.1%), from €19,377 to €29,870
- Depreciation -€6,723
down €6,723 (-83.5%), from €8,053 to €1,330
- Financial charges +€3,550
up €3,550 (+364.1%), from €975 to €4,525
- Taxes +€3,072
up €3,072 (+136.1%), from €2,257 to €5,329
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 | €68,428 | €96,337 | +€27,910 | +40.8% |
| Fixed assets | 21/28 | €37,665 | €36,335 | -€1,330 | -3.5% |
| Tangible fixed assets | 22/27 | €37,665 | €36,335 | -€1,330 | -3.5% |
| Land and buildings | 22 | €37,665 | €36,335 | -€1,330 | -3.5% |
| Current assets | 29/58 | €30,763 | €60,003 | +€29,240 | +95.0% |
| Amounts receivable within one year | 40/41 | €27,767 | €59,925 | +€32,159 | +115.8% |
| Trade receivables | 40 | €27,767 | €59,925 | +€32,159 | +115.8% |
| Cash at bank and in hand | 54/58 | €2,997 | €78 | -€2,919 | -97.4% |
| Total equity and liabilities | 10/49 | €68,428 | €96,337 | +€27,910 | +40.8% |
| Equity | 10/15 | €9,804 | €28,011 | +€18,207 | +185.7% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €7,804 | €26,011 | +€18,207 | +233.3% |
| Distributable reserves | 133 | €7,804 | €26,011 | +€18,207 | +233.3% |
| Amounts payable | 17/49 | €58,624 | €68,326 | +€9,703 | +16.6% |
| Amounts payable after more than one year | 17 | - | €36,876 | +€36,876 | |
| Financial debts | 170/4 | - | €36,876 | +€36,876 | |
| Amounts payable within one year | 42/48 | €58,624 | €31,450 | -€27,173 | -46.4% |
| Current portion of amounts payable after more than one year | 42 | - | €4,070 | +€4,070 | |
| Trade debts | 44 | €39,216 | €307 | -€38,909 | -99.2% |
| Suppliers | 440/4 | €39,216 | €307 | -€38,909 | -99.2% |
| Taxes, remuneration and social security | 45 | €2,257 | €7,825 | +€5,569 | +246.8% |
| Taxes | 450/3 | €2,257 | €7,825 | +€5,569 | +246.8% |
| Other amounts payable | 47/48 | €17,151 | €19,248 | +€2,097 | +12.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,053 | €1,330 | -€6,723 | -83.5% |
| Other operating charges | 640/8 | €288 | €480 | +€191 | +66.4% |
| Gross operating margin | 9900 | €19,377 | €29,870 | +€10,493 | +54.1% |
| Operating profit (loss) | 9901 | €11,036 | €28,061 | +€17,025 | +154.3% |
| Financial income | 75/76B | €0 | - | -€0 | |
| Recurring financial income | 75 | €0 | - | -€0 | |
| Financial charges | 65/66B | €975 | €4,525 | +€3,550 | +364.1% |
| Recurring financial charges | 65 | €975 | €4,525 | +€3,550 | +364.1% |
| Profit (loss) for the period before taxes | 9903 | €10,061 | €23,536 | +€13,475 | +133.9% |
| Income taxes | 67/77 | €2,257 | €5,329 | +€3,072 | +136.1% |
| Profit (loss) for the period | 9904 | €7,804 | €18,207 | +€10,402 | +133.3% |
| Profit (loss) for the period to be appropriated | 9905 | €7,804 | €18,207 | +€10,402 | +133.3% |
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 3 October 2026 via checked.be.