Philippe Jeep: 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 Jeep
Largest movements
- Cash -€46,430
down €46,430 (-59.1%), from €78,607 to €32,177
mainly Contributions, distributions and other (-€60,000) and Net result for the year (-€44,885)
- Stocks and contracts +€17,257
up €17,257 (+17.5%), from €98,607 to €115,864
- Tangible fixed assets -€11,265
down €11,265 (-37.6%), from €29,999 to €18,733
of which Furniture and vehicles: -€10,241
- Receivables within one year -€9,832
down €9,832 (-88.8%), from €11,070 to €1,238
of which Other amounts receivable: -€5,755
- Profit (loss) carried forward -€104,885
down €104,885, from €95,189 to -€9,697
- Other debts +€54,709
up €54,709 (+60.5%), from €90,440 to €145,148
- Trade debts +€6,837
up €6,837 (+1,011%), from €676 to €7,514
- Tax, wage and social debts -€6,154
down €6,154 (-21.4%), from €28,780 to €22,626
of which Taxes: -€9,308
- Gross operating margin -€49,641
down €49,641 (-45.2%), from €109,741 to €60,100
- Taxes -€6,768
down €6,768 (-97.7%), from €6,930 to €163
- Other operating charges -€2,924
down €2,924 (-75.5%), from €3,872 to €947
- Staff costs +€2,647
up €2,647 (+4.5%), from €58,581 to €61,228
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 | €220,972 | €170,591 | -€50,380 | -22.8% |
| Fixed assets | 21/28 | €29,999 | €18,733 | -€11,265 | -37.6% |
| Tangible fixed assets | 22/27 | €29,999 | €18,733 | -€11,265 | -37.6% |
| Furniture and vehicles | 24 | €23,042 | €12,801 | -€10,241 | -44.4% |
| Other tangible fixed assets | 26 | €6,957 | €5,933 | -€1,024 | -14.7% |
| Current assets | 29/58 | €190,973 | €151,858 | -€39,115 | -20.5% |
| Stocks and contracts in progress | 3 | €98,607 | €115,864 | +€17,257 | +17.5% |
| Stocks | 30/36 | €98,607 | €115,864 | +€17,257 | +17.5% |
| Amounts receivable within one year | 40/41 | €11,070 | €1,238 | -€9,832 | -88.8% |
| Trade receivables | 40 | €5,315 | €1,238 | -€4,077 | -76.7% |
| Other amounts receivable | 41 | €5,755 | - | -€5,755 | |
| Cash at bank and in hand | 54/58 | €78,607 | €32,177 | -€46,430 | -59.1% |
| Deferred charges and accrued income | 490/1 | €2,689 | €2,579 | -€110 | -4.1% |
| Total equity and liabilities | 10/49 | €220,972 | €170,591 | -€50,380 | -22.8% |
| Equity | 10/15 | €100,189 | -€4,697 | -€104,885 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €95,189 | -€9,697 | -€104,885 | |
| Amounts payable | 17/49 | €120,783 | €175,288 | +€54,505 | +45.1% |
| Amounts payable within one year | 42/48 | €120,783 | €175,288 | +€54,505 | +45.1% |
| Trade debts | 44 | €676 | €7,514 | +€6,837 | +1,011% |
| Suppliers | 440/4 | €676 | €7,514 | +€6,837 | +1,011% |
| Advances received on contracts in progress | 46 | €887 | - | -€887 | |
| Taxes, remuneration and social security | 45 | €28,780 | €22,626 | -€6,154 | -21.4% |
| Taxes | 450/3 | €19,333 | €10,025 | -€9,308 | -48.1% |
| Remuneration and social security | 454/9 | €9,447 | €12,601 | +€3,154 | +33.4% |
| Other amounts payable | 47/48 | €90,440 | €145,148 | +€54,709 | +60.5% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €58,581 | €61,228 | +€2,647 | +4.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,231 | €11,265 | +€35 | +0.3% |
| Other operating charges | 640/8 | €3,872 | €947 | -€2,924 | -75.5% |
| Non-recurring operating charges | 66A | - | €27,695 | +€27,695 | |
| Gross operating margin | 9900 | €109,741 | €60,100 | -€49,641 | -45.2% |
| Operating profit (loss) | 9901 | €36,058 | -€41,036 | -€77,094 | |
| Financial income | 75/76B | €22 | €17 | -€5 | -22.4% |
| Recurring financial income | 75 | €22 | €17 | -€5 | -22.4% |
| Financial charges | 65/66B | €2,944 | €3,703 | +€759 | +25.8% |
| Recurring financial charges | 65 | €2,944 | €3,703 | +€759 | +25.8% |
| Profit (loss) for the period before taxes | 9903 | €33,135 | -€44,723 | -€77,858 | |
| Income taxes | 67/77 | €6,930 | €163 | -€6,768 | -97.7% |
| Profit (loss) for the period | 9904 | €26,205 | -€44,885 | -€71,091 | |
| Profit (loss) for the period to be appropriated | 9905 | €26,205 | -€44,885 | -€71,091 |
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.