PHILIPPE VIS MANAGEMENT: what changed
Two fiscal 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 VIS MANAGEMENT
Largest movements
- Receivables within one year +€3,591
up €3,591 (+54.7%), from €6,566 to €10,157
of which Trade receivables: +€3,739
- Tangible fixed assets -€385
down €385 (-25.4%), from €1,514 to €1,129
- Cash -€258
down €258 (-37.9%), from €681 to €423
mainly Receivables within one year (-€3,591) and Other debts (-€3,361)
- Profit (loss) carried forward +€4,542
up €4,542 (+2.0%), from -€223,609 to -€219,067
- Other debts -€3,361
down €3,361 (-1.6%), from €216,444 to €213,083
- Trade debts +€925
up €925 (+20.5%), from €4,516 to €5,441
- Short-term financial debts +€810
new in 2022: €810
- Tax, wage and social debts +€457
up €457 (+21.9%), from €2,087 to €2,544
- Gross operating margin -€10,435
down €10,435 (-63.2%), from €16,520 to €6,085
- Depreciation -€252
down €252 (-39.6%), from €637 to €385
- Other operating charges +€200
up €200 (+30.3%), from €661 to €862
From the 2021 result to the 2022 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.
Cash bridge derived
Derived from the 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €19,786 | €22,812 | +€3,026 | +15.3% |
| Fixed assets | 21/28 | €12,514 | €12,129 | -€385 | -3.1% |
| Tangible fixed assets | 22/27 | €1,514 | €1,129 | -€385 | -25.4% |
| Furniture and vehicles | 24 | €1,514 | €1,129 | -€385 | -25.4% |
| Financial fixed assets | 28 | €11,000 | €11,000 | = | 0.0% |
| Current assets | 29/58 | €7,273 | €10,684 | +€3,411 | +46.9% |
| Amounts receivable within one year | 40/41 | €6,566 | €10,157 | +€3,591 | +54.7% |
| Trade receivables | 40 | €6,417 | €10,155 | +€3,739 | +58.3% |
| Other amounts receivable | 41 | €149 | €2 | -€147 | -98.7% |
| Cash at bank and in hand | 54/58 | €681 | €423 | -€258 | -37.9% |
| Deferred charges and accrued income | 490/1 | €26 | €103 | +€78 | +304.3% |
| Total equity and liabilities | 10/49 | €19,786 | €22,812 | +€3,026 | +15.3% |
| Equity | 10/15 | -€203,609 | -€199,067 | +€4,542 | +2.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€223,609 | -€219,067 | +€4,542 | +2.0% |
| Amounts payable | 17/49 | €223,395 | €221,879 | -€1,517 | -0.7% |
| Amounts payable within one year | 42/48 | €223,048 | €221,879 | -€1,169 | -0.5% |
| Financial debts | 43 | - | €810 | +€810 | |
| Credit institutions | 430/8 | - | €810 | +€810 | |
| Trade debts | 44 | €4,516 | €5,441 | +€925 | +20.5% |
| Suppliers | 440/4 | €4,516 | €5,441 | +€925 | +20.5% |
| Taxes, remuneration and social security | 45 | €2,087 | €2,544 | +€457 | +21.9% |
| Taxes | 450/3 | €2,087 | €2,544 | +€457 | +21.9% |
| Other amounts payable | 47/48 | €216,444 | €213,083 | -€3,361 | -1.6% |
| Accrued charges and deferred income | 492/3 | €348 | €0 | -€348 | -100.0% |
| Non-recurring operating income | 76A | €1,653 | €0 | -€1,653 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €637 | €385 | -€252 | -39.6% |
| Other operating charges | 640/8 | €661 | €862 | +€200 | +30.3% |
| Gross operating margin | 9900 | €16,520 | €6,085 | -€10,435 | -63.2% |
| Operating profit (loss) | 9901 | €15,221 | €4,838 | -€10,383 | -68.2% |
| Financial income | 75/76B | €0 | €9 | +€9 | |
| Recurring financial income | 75 | €0 | €9 | +€9 | |
| Financial charges | 65/66B | €262 | €305 | +€43 | +16.2% |
| Recurring financial charges | 65 | €262 | €305 | +€43 | +16.2% |
| Profit (loss) for the period before taxes | 9903 | €14,959 | €4,542 | -€10,417 | -69.6% |
| Profit (loss) for the period | 9904 | €14,959 | €4,542 | -€10,417 | -69.6% |
| Profit (loss) for the period to be appropriated | 9905 | €14,959 | €4,542 | -€10,417 | -69.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.