Philippe Oorts: 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 Oorts
Largest movements
- Cash +€41,618
up €41,618 (+79.3%), from €52,504 to €94,122
mainly Net result for the year (+€68,022) and Depreciation (+€2,092)
- Current investments +€21,142
up €21,142 (+34.8%), from €60,679 to €81,821
- Tangible fixed assets +€3,334
up €3,334 (+41.7%), from €7,988 to €11,322
of which Furniture and vehicles: +€3,706
- Profit (loss) carried forward +€68,022
up €68,022 (+1,530%), from €4,445 to €72,467
- Gross operating margin +€21,886
up €21,886 (+32.7%), from €66,930 to €88,815
- Depreciation +€1,535
up €1,535 (+275%), from €557 to €2,092
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 | €121,659 | €188,617 | +€66,958 | +55.0% |
| Fixed assets | 21/28 | €7,988 | €11,322 | +€3,334 | +41.7% |
| Tangible fixed assets | 22/27 | €7,988 | €11,322 | +€3,334 | +41.7% |
| Furniture and vehicles | 24 | €6,330 | €10,037 | +€3,706 | +58.5% |
| Other tangible fixed assets | 26 | €1,657 | €1,285 | -€372 | -22.4% |
| Current assets | 29/58 | €113,672 | €177,295 | +€63,623 | +56.0% |
| Amounts receivable within one year | 40/41 | €21 | €901 | +€880 | +4,196% |
| Trade receivables | 40 | - | €880 | +€880 | |
| Other amounts receivable | 41 | €21 | €21 | = | 0.0% |
| Current investments | 50/53 | €60,679 | €81,821 | +€21,142 | +34.8% |
| Cash at bank and in hand | 54/58 | €52,504 | €94,122 | +€41,618 | +79.3% |
| Deferred charges and accrued income | 490/1 | €468 | €451 | -€17 | -3.7% |
| Total equity and liabilities | 10/49 | €121,659 | €188,617 | +€66,958 | +55.0% |
| Equity | 10/15 | €93,445 | €161,467 | +€68,022 | +72.8% |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €74,000 | €74,000 | = | 0.0% |
| Distributable reserves | 133 | €74,000 | €74,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €4,445 | €72,467 | +€68,022 | +1,530% |
| Amounts payable | 17/49 | €28,214 | €27,150 | -€1,064 | -3.8% |
| Amounts payable within one year | 42/48 | €28,096 | €27,150 | -€946 | -3.4% |
| Trade debts | 44 | €3,018 | €1,719 | -€1,299 | -43.0% |
| Suppliers | 440/4 | €3,018 | €1,719 | -€1,299 | -43.0% |
| Taxes, remuneration and social security | 45 | €25,078 | €25,431 | +€353 | +1.4% |
| Taxes | 450/3 | €25,078 | €25,431 | +€353 | +1.4% |
| Accrued charges and deferred income | 492/3 | €118 | - | -€118 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €557 | €2,092 | +€1,535 | +275% |
| Other operating charges | 640/8 | €608 | €511 | -€98 | -16.1% |
| Gross operating margin | 9900 | €66,930 | €88,815 | +€21,886 | +32.7% |
| Operating profit (loss) | 9901 | €65,764 | €86,213 | +€20,449 | +31.1% |
| Financial income | 75/76B | €79 | €886 | +€807 | +1,027% |
| Recurring financial income | 75 | €79 | €886 | +€807 | +1,027% |
| Financial charges | 65/66B | €1,270 | €992 | -€278 | -21.9% |
| Recurring financial charges | 65 | €1,270 | €992 | -€278 | -21.9% |
| Profit (loss) for the period before taxes | 9903 | €64,572 | €86,106 | +€21,534 | +33.3% |
| Income taxes | 67/77 | €18,500 | €18,084 | -€416 | -2.2% |
| Profit (loss) for the period | 9904 | €46,072 | €68,022 | +€21,950 | +47.6% |
| Profit (loss) for the period to be appropriated | 9905 | €46,072 | €68,022 | +€21,950 | +47.6% |
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 14 October 2026 via checked.be.