PHILIPS: 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.
PHILIPS
Largest movements
- Financial fixed assets -€47,000
no longer reported in 2024 (was €47,000)
- Receivables within one year +€40,191
up €40,191 (+765.5%), from €5,250 to €45,441
of which Other amounts receivable: +€41,191
- Profit (loss) carried forward -€63,309
new in 2024: -€63,309
- Trade debts +€49,401
up €49,401 (+2908.5%), from €1,699 to €51,100
- Debts after one year +€8,580
up €8,580 (+53.3%), from €16,109 to €24,689
- Tax, wage and social debts -€8,485
no longer reported in 2024 (was €8,485)
of which Taxes: -€6,162
- Current portion of long-term debt +€6,681
up €6,681 (+141.0%), from €4,739 to €11,420
- Taxes -€5,948
no longer reported in 2024 (was €5,948)
- Gross operating margin -€2,580
down €2,580 (-10.8%), from €23,978 to €21,398
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €72,285 | €65,453 | -€6,832 | -9.5% |
| Fixed assets | 21/28 | €47,000 | - | -€47,000 | |
| Financial fixed assets | 28 | €47,000 | - | -€47,000 | |
| Current assets | 29/58 | €25,285 | €65,453 | +€40,168 | +158.9% |
| Amounts receivable within one year | 40/41 | €5,250 | €45,441 | +€40,191 | +765.5% |
| Trade receivables | 40 | €5,250 | €4,250 | -€1,000 | -19.0% |
| Other amounts receivable | 41 | - | €41,191 | +€41,191 | |
| Cash at bank and in hand | 54/58 | €20,035 | €20,012 | -€23 | -0.1% |
| Total equity and liabilities | 10/49 | €72,285 | €65,453 | -€6,832 | -9.5% |
| Equity | 10/15 | €19,665 | -€43,644 | -€63,309 | |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €16,665 | €16,665 | = | 0.0% |
| Distributable reserves | 133 | €16,665 | €16,665 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€63,309 | -€63,309 | |
| Amounts payable | 17/49 | €52,620 | €109,097 | +€56,477 | +107.3% |
| Amounts payable after more than one year | 17 | €16,109 | €24,689 | +€8,580 | +53.3% |
| Financial debts | 170/4 | €16,109 | €24,689 | +€8,580 | +53.3% |
| Amounts payable within one year | 42/48 | €36,351 | €84,408 | +€48,058 | +132.2% |
| Current portion of amounts payable after more than one year | 42 | €4,739 | €11,420 | +€6,681 | +141.0% |
| Trade debts | 44 | €1,699 | €51,100 | +€49,401 | +2908.5% |
| Suppliers | 440/4 | €1,699 | €51,100 | +€49,401 | +2908.5% |
| Taxes, remuneration and social security | 45 | €8,485 | - | -€8,485 | |
| Taxes | 450/3 | €6,162 | - | -€6,162 | |
| Remuneration and social security | 454/9 | €2,324 | - | -€2,324 | |
| Other amounts payable | 47/48 | €21,427 | €21,888 | +€461 | +2.2% |
| Accrued charges and deferred income | 492/3 | €160 | - | -€160 | |
| Other operating charges | 640/8 | €200 | €141 | -€60 | -29.8% |
| Non-recurring operating charges | 66A | - | €83,500 | +€83,500 | |
| Gross operating margin | 9900 | €23,978 | €21,398 | -€2,580 | -10.8% |
| Operating profit (loss) | 9901 | €23,778 | -€62,242 | -€86,020 | |
| Financial charges | 65/66B | €1,165 | €1,067 | -€99 | -8.5% |
| Recurring financial charges | 65 | €1,165 | €1,067 | -€99 | -8.5% |
| Profit (loss) for the period before taxes | 9903 | €22,613 | -€63,309 | -€85,922 | |
| Income taxes | 67/77 | €5,948 | - | -€5,948 | |
| Profit (loss) for the period | 9904 | €16,665 | -€63,309 | -€79,974 | |
| Profit (loss) for the period to be appropriated | 9905 | €16,665 | -€63,309 | -€79,974 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.