PHILIPPE CRISMER MANAGEMENT: 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.
PHILIPPE CRISMER MANAGEMENT
Largest movements
- Tangible fixed assets +€23,329
up €23,329 (+416%), from €5,609 to €28,938
- Receivables within one year +€21,877
up €21,877 (+159%), from €13,768 to €35,645
of which Trade receivables: +€19,179
- Cash -€9,623
down €9,623 (-9.6%), from €100,253 to €90,631
mainly Investment in fixed assets (net) (-€31,735) and Receivables within one year (-€21,877)
- Debts after one year +€16,168
new in 2025: €16,168
- Current portion of long-term debt +€10,630
new in 2025: €10,630
- Trade debts +€8,257
up €8,257 (+86.9%), from €9,502 to €17,759
- Gross operating margin -€11,978
down €11,978 (-25.7%), from €46,614 to €34,636
- Taxes -€2,697
down €2,697 (-27.4%), from €9,832 to €7,134
- Depreciation +€1,877
up €1,877 (+28.8%), from €6,528 to €8,405
- Other operating charges +€683
up €683 (+53.6%), from €1,274 to €1,957
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 | €120,399 | €156,734 | +€36,335 | +30.2% |
| Fixed assets | 21/28 | €5,609 | €28,938 | +€23,329 | +416% |
| Tangible fixed assets | 22/27 | €5,609 | €28,938 | +€23,329 | +416% |
| Furniture and vehicles | 24 | €5,609 | €28,938 | +€23,329 | +416% |
| Current assets | 29/58 | €114,790 | €127,796 | +€13,005 | +11.3% |
| Amounts receivable within one year | 40/41 | €13,768 | €35,645 | +€21,877 | +159% |
| Trade receivables | 40 | €13,591 | €32,770 | +€19,179 | +141% |
| Other amounts receivable | 41 | €177 | €2,875 | +€2,697 | +1,522% |
| Cash at bank and in hand | 54/58 | €100,253 | €90,631 | -€9,623 | -9.6% |
| Deferred charges and accrued income | 490/1 | €769 | €1,520 | +€751 | +97.7% |
| Total equity and liabilities | 10/49 | €120,399 | €156,734 | +€36,335 | +30.2% |
| Equity | 10/15 | €56,082 | €56,096 | +€14 | 0.0% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €51,000 | €51,000 | = | 0.0% |
| Distributable reserves | 133 | €51,000 | €51,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €82 | €96 | +€14 | +16.9% |
| Amounts payable | 17/49 | €64,317 | €100,638 | +€36,321 | +56.5% |
| Amounts payable after more than one year | 17 | - | €16,168 | +€16,168 | |
| Financial debts | 170/4 | - | €16,168 | +€16,168 | |
| Amounts payable within one year | 42/48 | €64,019 | €84,270 | +€20,252 | +31.6% |
| Current portion of amounts payable after more than one year | 42 | - | €10,630 | +€10,630 | |
| Financial debts | 43 | €2 | €2 | = | 0.0% |
| Credit institutions | 430/8 | €2 | €2 | = | 0.0% |
| Trade debts | 44 | €9,502 | €17,759 | +€8,257 | +86.9% |
| Suppliers | 440/4 | €9,502 | €17,759 | +€8,257 | +86.9% |
| Taxes, remuneration and social security | 45 | €13,507 | €14,565 | +€1,059 | +7.8% |
| Taxes | 450/3 | €10,507 | €11,565 | +€1,059 | +10.1% |
| Remuneration and social security | 454/9 | €3,000 | €3,000 | = | 0.0% |
| Other amounts payable | 47/48 | €41,008 | €41,314 | +€306 | +0.7% |
| Accrued charges and deferred income | 492/3 | €298 | €200 | -€99 | -33.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,528 | €8,405 | +€1,877 | +28.8% |
| Other operating charges | 640/8 | €1,274 | €1,957 | +€683 | +53.6% |
| Gross operating margin | 9900 | €46,614 | €34,636 | -€11,978 | -25.7% |
| Operating profit (loss) | 9901 | €38,812 | €24,274 | -€14,539 | -37.5% |
| Financial charges | 65/66B | €467 | €626 | +€158 | +33.9% |
| Recurring financial charges | 65 | €467 | €626 | +€158 | +33.9% |
| Profit (loss) for the period before taxes | 9903 | €38,345 | €23,648 | -€14,697 | -38.3% |
| Income taxes | 67/77 | €9,832 | €7,134 | -€2,697 | -27.4% |
| Profit (loss) for the period | 9904 | €28,513 | €16,514 | -€12,000 | -42.1% |
| Profit (loss) for the period to be appropriated | 9905 | €28,513 | €16,514 | -€12,000 | -42.1% |
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 24 October 2026 via checked.be.