PHILIPPE LION: 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 LION
Largest movements
- Current investments +€172,795
up €172,795 (+10.5%), from €1.6m to €1.8m
- Cash -€119,368
down €119,368 (-35.0%), from €340,853 to €221,485
mainly Current investments (-€172,795) and Other debts (-€47,016)
- Reserves +€104,500
up €104,500 (+5.5%), from €1.9m to €2.0m
- Other debts -€47,016
down €47,016 (-93.1%), from €50,504 to €3,488
- Financial income +€14,256
up €14,256 (+67.7%), from €21,044 to €35,300
- Taxes +€6,478
up €6,478 (+14.2%), from €45,650 to €52,128
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 | €1,986,291 | €2,036,223 | +€49,931 | +2.5% |
| Current assets | 29/58 | €1,986,291 | €2,036,223 | +€49,931 | +2.5% |
| Amounts receivable within one year | 40/41 | €4,444 | €905 | -€3,539 | -79.6% |
| Other amounts receivable | 41 | €4,444 | €905 | -€3,539 | -79.6% |
| Current investments | 50/53 | €1,640,533 | €1,813,328 | +€172,795 | +10.5% |
| Cash at bank and in hand | 54/58 | €340,853 | €221,485 | -€119,368 | -35.0% |
| Deferred charges and accrued income | 490/1 | €462 | €505 | +€44 | +9.5% |
| Total equity and liabilities | 10/49 | €1,986,291 | €2,036,223 | +€49,931 | +2.5% |
| Equity | 10/15 | €1,921,852 | €2,026,457 | +€104,605 | +5.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €1,908,909 | €2,013,409 | +€104,500 | +5.5% |
| Distributable reserves | 133 | €1,908,909 | €2,013,409 | +€104,500 | +5.5% |
| Profit (loss) carried forward | 14 | €543 | €648 | +€105 | +19.4% |
| Amounts payable | 17/49 | €64,439 | €9,766 | -€54,674 | -84.8% |
| Amounts payable within one year | 42/48 | €64,439 | €9,766 | -€54,674 | -84.8% |
| Trade debts | 44 | €663 | €922 | +€259 | +39.0% |
| Suppliers | 440/4 | €663 | €922 | +€259 | +39.0% |
| Taxes, remuneration and social security | 45 | €13,273 | €5,356 | -€7,916 | -59.6% |
| Taxes | 450/3 | €13,273 | €5,356 | -€7,916 | -59.6% |
| Other amounts payable | 47/48 | €50,504 | €3,488 | -€47,016 | -93.1% |
| Other operating charges | 640/8 | €4,432 | €4,856 | +€424 | +9.6% |
| Gross operating margin | 9900 | €127,820 | €126,543 | -€1,277 | -1.0% |
| Operating profit (loss) | 9901 | €123,389 | €121,687 | -€1,701 | -1.4% |
| Financial income | 75/76B | €21,044 | €35,300 | +€14,256 | +67.7% |
| Recurring financial income | 75 | €21,044 | €35,300 | +€14,256 | +67.7% |
| Financial charges | 65/66B | €240 | €254 | +€14 | +5.7% |
| Recurring financial charges | 65 | €240 | €254 | +€14 | +5.7% |
| Profit (loss) for the period before taxes | 9903 | €144,192 | €156,734 | +€12,541 | +8.7% |
| Income taxes | 67/77 | €45,650 | €52,128 | +€6,478 | +14.2% |
| Profit (loss) for the period | 9904 | €98,543 | €104,605 | +€6,063 | +6.2% |
| Profit (loss) for the period to be appropriated | 9905 | €98,543 | €104,605 | +€6,063 | +6.2% |
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 19 October 2026 via checked.be.