PHILIPPE DE GREEF: what changed
What changed
PHILIPPE DE GREEF
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
€9,745
2024 · €68+€9,678
Equity
-€7,658
2024 · -€17,403+€9,745
Cash
€6
2024 · €130-€124
Balance sheet total
€55,682
2024 · €75,868-€20,186
Largest movements
Assets
- Receivables within one year -€17,827
down €17,827 (-80.9%), from €22,023 to €4,195
of which Trade receivables: -€14,907
- Deferred charges and accrued income -€2,234
down €2,234 (-60.1%), from €3,715 to €1,481
Equity and liabilities
- Short-term financial debts -€14,244
down €14,244 (-34.0%), from €41,836 to €27,592
- Trade debts -€9,844
down €9,844 (-64.2%), from €15,334 to €5,491
- Profit (loss) carried forward +€9,745
up €9,745 (+15.1%), from -€64,685 to -€54,940
- Other debts -€5,917
down €5,917 (-77.3%), from €7,655 to €1,739
Income statement
- Gross operating margin +€10,757
up €10,757 (+151%), from €7,123 to €17,881
- Other operating charges +€1,613
up €1,613 (+102%), from €1,577 to €3,189
- Financial charges -€281
down €281 (-5.4%), from €5,190 to €4,909
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.
Result 2024
€68
Gross operating margin
+€10,757
Staff costs
-€7
Depreciation
+€126
Other operating charges
-€1,613
Financial income
+€132
Financial charges
+€281
Result 2025
€9,745
raises the resultlowers the result
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.
From operations
+€14,120
Investment
€0
Financing
-€14,244
Cash 2024
€130
From operations (derived)
+€14,120
Net result for the year
+€9,745
Receivables within one year
+€17,827
Deferred charges and accrued income
+€2,234
Trade debts
-€9,844
Tax, wage and social debts
+€73
Other debts
-€5,917
Financing
-€14,244
Short-term financial debts
-€14,244
Cash 2025
€6
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €75,868 | €55,682 | -€20,186 | -26.6% |
| Fixed assets | 21/28 | €50,000 | €50,000 | = | 0.0% |
| Financial fixed assets | 28 | €50,000 | €50,000 | = | 0.0% |
| Current assets | 29/58 | €25,868 | €5,682 | -€20,186 | -78.0% |
| Amounts receivable within one year | 40/41 | €22,023 | €4,195 | -€17,827 | -80.9% |
| Trade receivables | 40 | €19,103 | €4,195 | -€14,907 | -78.0% |
| Other amounts receivable | 41 | €2,920 | - | -€2,920 | |
| Cash at bank and in hand | 54/58 | €130 | €6 | -€124 | -95.5% |
| Deferred charges and accrued income | 490/1 | €3,715 | €1,481 | -€2,234 | -60.1% |
| Total equity and liabilities | 10/49 | €75,868 | €55,682 | -€20,186 | -26.6% |
| Equity | 10/15 | -€17,403 | -€7,658 | +€9,745 | +56.0% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €28,682 | €28,682 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €26,822 | €26,822 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€64,685 | -€54,940 | +€9,745 | +15.1% |
| Amounts payable | 17/49 | €93,271 | €63,340 | -€29,931 | -32.1% |
| Amounts payable after more than one year | 17 | €27,000 | €27,000 | = | 0.0% |
| Financial debts | 170/4 | €27,000 | €27,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €66,271 | €36,340 | -€29,931 | -45.2% |
| Financial debts | 43 | €41,836 | €27,592 | -€14,244 | -34.0% |
| Credit institutions | 430/8 | €41,836 | €27,592 | -€14,244 | -34.0% |
| Trade debts | 44 | €15,334 | €5,491 | -€9,844 | -64.2% |
| Suppliers | 440/4 | €15,334 | €5,491 | -€9,844 | -64.2% |
| Taxes, remuneration and social security | 45 | €1,445 | €1,518 | +€73 | +5.1% |
| Taxes | 450/3 | €1,445 | €1,518 | +€73 | +5.1% |
| Other amounts payable | 47/48 | €7,655 | €1,739 | -€5,917 | -77.3% |
| Remuneration, social security and pensions | 62 | €163 | €170 | +€7 | +4.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €126 | - | -€126 | |
| Other operating charges | 640/8 | €1,577 | €3,189 | +€1,613 | +102% |
| Gross operating margin | 9900 | €7,123 | €17,881 | +€10,757 | +151% |
| Operating profit (loss) | 9901 | €5,257 | €14,522 | +€9,265 | +176% |
| Financial income | 75/76B | €0 | €132 | +€132 | +27,488% |
| Recurring financial income | 75 | €0 | €132 | +€132 | +27,488% |
| Financial charges | 65/66B | €5,190 | €4,909 | -€281 | -5.4% |
| Recurring financial charges | 65 | €5,190 | €4,909 | -€281 | -5.4% |
| Profit (loss) for the period before taxes | 9903 | €68 | €9,745 | +€9,678 | +14,316% |
| Profit (loss) for the period | 9904 | €68 | €9,745 | +€9,678 | +14,316% |
| Profit (loss) for the period to be appropriated | 9905 | €68 | €9,745 | +€9,678 | +14,316% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.