PHILIPPE SALOMEZ: 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 SALOMEZ
Largest movements
- Receivables within one year +€4,104
up €4,104 (+2.4%), from €168,270 to €172,374
of which Other amounts receivable: +€4,339
- Other debts +€18,908
up €18,908 (+13.1%), from €144,046 to €162,954
- Trade debts -€10,922
down €10,922 (-69.0%), from €15,824 to €4,901
- Profit (loss) carried forward -€4,787
down €4,787 (-21.6%), from -€22,157 to -€26,945
- Gross operating margin -€9,337
down €9,337, from €2,019 to -€7,318
- Financial income -€1,395
down €1,395 (-27.9%), from €4,993 to €3,599
- Other operating charges +€233
up €233 (+44.2%), from €527 to €760
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 | €236,920 | €240,156 | +€3,236 | +1.4% |
| Current assets | 29/58 | €236,920 | €240,156 | +€3,236 | +1.4% |
| Stocks and contracts in progress | 3 | €66,175 | €66,175 | = | 0.0% |
| Stocks | 30/36 | €66,175 | €66,175 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €168,270 | €172,374 | +€4,104 | +2.4% |
| Trade receivables | 40 | €575 | €340 | -€235 | -40.9% |
| Other amounts receivable | 41 | €167,695 | €172,034 | +€4,339 | +2.6% |
| Cash at bank and in hand | 54/58 | €839 | - | -€839 | |
| Deferred charges and accrued income | 490/1 | €1,637 | €1,607 | -€30 | -1.8% |
| Total equity and liabilities | 10/49 | €236,920 | €240,156 | +€3,236 | +1.4% |
| Equity | 10/15 | €77,011 | €72,223 | -€4,787 | -6.2% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €80,568 | €80,568 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,200 | €6,200 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,200 | €6,200 | = | 0.0% |
| Distributable reserves | 133 | €74,368 | €74,368 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,157 | -€26,945 | -€4,787 | -21.6% |
| Amounts payable | 17/49 | €159,909 | €167,933 | +€8,024 | +5.0% |
| Amounts payable within one year | 42/48 | €159,869 | €167,906 | +€8,037 | +5.0% |
| Financial debts | 43 | - | €51 | +€51 | |
| Credit institutions | 430/8 | - | €51 | +€51 | |
| Trade debts | 44 | €15,824 | €4,901 | -€10,922 | -69.0% |
| Suppliers | 440/4 | €15,824 | €4,901 | -€10,922 | -69.0% |
| Other amounts payable | 47/48 | €144,046 | €162,954 | +€18,908 | +13.1% |
| Accrued charges and deferred income | 492/3 | €40 | €27 | -€13 | -33.6% |
| Other operating charges | 640/8 | €527 | €760 | +€233 | +44.2% |
| Gross operating margin | 9900 | €2,019 | -€7,318 | -€9,337 | |
| Operating profit (loss) | 9901 | €1,492 | -€8,078 | -€9,570 | |
| Financial income | 75/76B | €4,993 | €3,599 | -€1,395 | -27.9% |
| Recurring financial income | 75 | €4,993 | €3,599 | -€1,395 | -27.9% |
| Financial charges | 65/66B | €367 | €308 | -€59 | -16.0% |
| Recurring financial charges | 65 | €367 | €308 | -€59 | -16.0% |
| Profit (loss) for the period before taxes | 9903 | €6,119 | -€4,787 | -€10,906 | |
| Profit (loss) for the period | 9904 | €6,119 | -€4,787 | -€10,906 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,119 | -€4,787 | -€10,906 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.