PHILIPS HOME DECOR: 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.
PHILIPS HOME DECOR
Largest movements
- Cash +€24,298
up €24,298 (+108%), from €22,410 to €46,708
mainly Net result for the year (+€67,554) and Other debts (+€50,000)
- Stocks and contracts +€20,863
up €20,863 (+10.8%), from €192,328 to €213,191
- Tangible fixed assets -€20,479
down €20,479 (-16.6%), from €123,674 to €103,195
of which Other tangible fixed assets: -€15,987
- Receivables within one year -€20,149
down €20,149 (-16.0%), from €125,990 to €105,841
of which Trade receivables: -€38,685
- Advances received -€55,458
down €55,458 (-57.6%), from €96,308 to €40,850
- Other debts +€50,000
new in 2025: €50,000
- Tax, wage and social debts +€39,960
up €39,960 (+135%), from €29,662 to €69,622
of which Taxes: +€26,929
- Debts after one year -€27,467
down €27,467 (-36.5%), from €75,239 to €47,772
- Current portion of long-term debt -€25,131
down €25,131 (-34.2%), from €73,450 to €48,319
- Gross operating margin +€39,608
up €39,608 (+10.7%), from €370,259 to €409,867
- Staff costs +€38,140
up €38,140 (+17.7%), from €215,282 to €253,422
- Taxes +€13,767
up €13,767 (+123%), from €11,149 to €24,916
- Other operating charges -€13,015
down €13,015 (-60.5%), from €21,501 to €8,486
- Financial charges -€4,729
down €4,729 (-41.3%), from €11,444 to €6,715
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 | €482,548 | €487,150 | +€4,602 | +1.0% |
| Fixed assets | 21/28 | €138,869 | €114,873 | -€23,996 | -17.3% |
| Intangible fixed assets | 21 | €15,195 | €11,678 | -€3,517 | -23.1% |
| Tangible fixed assets | 22/27 | €123,674 | €103,195 | -€20,479 | -16.6% |
| Plant, machinery and equipment | 23 | €780 | €7,256 | +€6,476 | +830% |
| Furniture and vehicles | 24 | €27,801 | €16,833 | -€10,968 | -39.5% |
| Other tangible fixed assets | 26 | €95,093 | €79,106 | -€15,987 | -16.8% |
| Current assets | 29/58 | €343,679 | €372,277 | +€28,598 | +8.3% |
| Stocks and contracts in progress | 3 | €192,328 | €213,191 | +€20,863 | +10.8% |
| Stocks | 30/36 | €192,328 | €213,191 | +€20,863 | +10.8% |
| Amounts receivable within one year | 40/41 | €125,990 | €105,841 | -€20,149 | -16.0% |
| Trade receivables | 40 | €95,818 | €57,133 | -€38,685 | -40.4% |
| Other amounts receivable | 41 | €30,172 | €48,708 | +€18,536 | +61.4% |
| Cash at bank and in hand | 54/58 | €22,410 | €46,708 | +€24,298 | +108% |
| Deferred charges and accrued income | 490/1 | €2,951 | €6,537 | +€3,586 | +122% |
| Total equity and liabilities | 10/49 | €482,548 | €487,150 | +€4,602 | +1.0% |
| Equity | 10/15 | €42,110 | €48,126 | +€6,016 | +14.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | €1,860 | = | 0.0% |
| Profit (loss) carried forward | 14 | €21,650 | €27,666 | +€6,016 | +27.8% |
| Amounts payable | 17/49 | €440,438 | €439,024 | -€1,414 | -0.3% |
| Amounts payable after more than one year | 17 | €75,239 | €47,772 | -€27,467 | -36.5% |
| Financial debts | 170/4 | €75,239 | €47,772 | -€27,467 | -36.5% |
| Amounts payable within one year | 42/48 | €365,199 | €385,330 | +€20,131 | +5.5% |
| Current portion of amounts payable after more than one year | 42 | €73,450 | €48,319 | -€25,131 | -34.2% |
| Trade debts | 44 | €165,779 | €176,539 | +€10,760 | +6.5% |
| Suppliers | 440/4 | €165,779 | €176,539 | +€10,760 | +6.5% |
| Advances received on contracts in progress | 46 | €96,308 | €40,850 | -€55,458 | -57.6% |
| Taxes, remuneration and social security | 45 | €29,662 | €69,622 | +€39,960 | +135% |
| Taxes | 450/3 | €13,339 | €40,268 | +€26,929 | +202% |
| Remuneration and social security | 454/9 | €16,323 | €29,354 | +€13,031 | +79.8% |
| Other amounts payable | 47/48 | - | €50,000 | +€50,000 | |
| Accrued charges and deferred income | 492/3 | - | €5,922 | +€5,922 | |
| Non-recurring operating income | 76A | - | €33,745 | +€33,745 | |
| Remuneration, social security and pensions | 62 | €215,282 | €253,422 | +€38,140 | +17.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €49,064 | €48,945 | -€119 | -0.2% |
| Other operating charges | 640/8 | €21,501 | €8,486 | -€13,015 | -60.5% |
| Non-recurring operating charges | 66A | €1,702 | - | -€1,702 | |
| Gross operating margin | 9900 | €370,259 | €409,867 | +€39,608 | +10.7% |
| Operating profit (loss) | 9901 | €82,710 | €99,014 | +€16,304 | +19.7% |
| Financial income | 75/76B | €128 | €171 | +€43 | +33.6% |
| Recurring financial income | 75 | €128 | €171 | +€43 | +33.6% |
| Financial charges | 65/66B | €11,444 | €6,715 | -€4,729 | -41.3% |
| Recurring financial charges | 65 | €11,444 | €6,715 | -€4,729 | -41.3% |
| Profit (loss) for the period before taxes | 9903 | €71,394 | €92,470 | +€21,076 | +29.5% |
| Income taxes | 67/77 | €11,149 | €24,916 | +€13,767 | +123% |
| Profit (loss) for the period | 9904 | €60,245 | €67,554 | +€7,309 | +12.1% |
| Profit (loss) for the period to be appropriated | 9905 | €60,245 | €67,554 | +€7,309 | +12.1% |
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 27 October 2026 via checked.be.