PHILIPS MARIO CONSTRUCT: 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 MARIO CONSTRUCT
Largest movements
- Receivables within one year -€165,174
down €165,174 (-96.2%), from €171,746 to €6,572
of which Trade receivables: -€155,413
- Cash -€47,955
down €47,955 (-96.9%), from €49,480 to €1,525
mainly Net result for the year (-€93,802) and Trade debts (-€75,370)
- Tangible fixed assets -€8,531
down €8,531 (-4.3%), from €198,446 to €189,915
- Reserves -€127,903
down €127,903 (-67.7%), from €188,807 to €60,903
- Trade debts -€75,370
no longer reported in 2024 (was €75,370)
- Other debts +€52,234
up €52,234 (+219.8%), from €23,766 to €76,000
- Profit (loss) carried forward -€35,899
no longer reported in 2024 (was €35,899)
- Short-term financial debts -€20,162
no longer reported in 2024 (was €20,162)
- Gross operating margin -€95,320
down €95,320, from €60,334 to -€34,986
- Financial charges +€19,850
up €19,850 (+69.5%), from €28,566 to €48,417
of which Non-recurring financial charges: +€20,840
- Staff costs -€11,109
no longer reported in 2024 (was €11,109)
- Other operating charges -€9,535
down €9,535 (-92.9%), from €10,268 to €733
- Taxes +€1,187
new in 2024: €1,187
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 | €425,515 | €198,012 | -€227,503 | -53.5% |
| Fixed assets | 21/28 | €198,446 | €189,915 | -€8,531 | -4.3% |
| Tangible fixed assets | 22/27 | €198,446 | €189,915 | -€8,531 | -4.3% |
| Land and buildings | 22 | €198,446 | €189,915 | -€8,531 | -4.3% |
| Current assets | 29/58 | €227,068 | €8,097 | -€218,971 | -96.4% |
| Stocks and contracts in progress | 3 | €2,869 | - | -€2,869 | |
| Stocks | 30/36 | €2,869 | - | -€2,869 | |
| Amounts receivable within one year | 40/41 | €171,746 | €6,572 | -€165,174 | -96.2% |
| Trade receivables | 40 | €155,413 | - | -€155,413 | |
| Other amounts receivable | 41 | €16,333 | €6,572 | -€9,761 | -59.8% |
| Cash at bank and in hand | 54/58 | €49,480 | €1,525 | -€47,955 | -96.9% |
| Deferred charges and accrued income | 490/1 | €2,973 | - | -€2,973 | |
| Total equity and liabilities | 10/49 | €425,515 | €198,012 | -€227,503 | -53.5% |
| Equity | 10/15 | €243,306 | €79,503 | -€163,802 | -67.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €188,807 | €60,903 | -€127,903 | -67.7% |
| Distributable reserves | 133 | €188,807 | €60,903 | -€127,903 | -67.7% |
| Profit (loss) carried forward | 14 | €35,899 | - | -€35,899 | |
| Amounts payable | 17/49 | €182,209 | €118,509 | -€63,700 | -35.0% |
| Amounts payable after more than one year | 17 | €41,572 | €28,089 | -€13,483 | -32.4% |
| Financial debts | 170/4 | €41,572 | €28,089 | -€13,483 | -32.4% |
| Amounts payable within one year | 42/48 | €140,637 | €90,420 | -€50,217 | -35.7% |
| Current portion of amounts payable after more than one year | 42 | €17,255 | €13,483 | -€3,772 | -21.9% |
| Financial debts | 43 | €20,162 | - | -€20,162 | |
| Credit institutions | 430/8 | €20,162 | - | -€20,162 | |
| Trade debts | 44 | €75,370 | - | -€75,370 | |
| Suppliers | 440/4 | €75,370 | - | -€75,370 | |
| Taxes, remuneration and social security | 45 | €4,084 | €937 | -€3,148 | -77.1% |
| Taxes | 450/3 | €1,602 | €937 | -€665 | -41.5% |
| Remuneration and social security | 454/9 | €2,483 | - | -€2,483 | |
| Other amounts payable | 47/48 | €23,766 | €76,000 | +€52,234 | +219.8% |
| Non-recurring operating income | 76A | €47,053 | - | -€47,053 | |
| Remuneration, social security and pensions | 62 | €11,109 | - | -€11,109 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,531 | €8,531 | = | 0.0% |
| Other operating charges | 640/8 | €10,268 | €733 | -€9,535 | -92.9% |
| Non-recurring operating charges | 66A | €16,262 | - | -€16,262 | |
| Gross operating margin | 9900 | €60,334 | -€34,986 | -€95,320 | |
| Operating profit (loss) | 9901 | €14,164 | -€44,250 | -€58,414 | |
| Financial income | 75/76B | €37 | €51 | +€14 | +36.1% |
| Recurring financial income | 75 | €37 | €51 | +€14 | +36.1% |
| Financial charges | 65/66B | €28,566 | €48,417 | +€19,850 | +69.5% |
| Recurring financial charges | 65 | €6,087 | €5,097 | -€990 | -16.3% |
| Non-recurring financial charges | 66B | €22,479 | €43,319 | +€20,840 | +92.7% |
| Profit (loss) for the period before taxes | 9903 | -€14,365 | -€92,616 | -€78,251 | -544.7% |
| Income taxes | 67/77 | - | €1,187 | +€1,187 | |
| Profit (loss) for the period | 9904 | -€14,365 | -€93,802 | -€79,438 | -553.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,365 | -€93,802 | -€79,438 | -553.0% |
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 29 September 2026 via checked.be.