PHILIPS MOTORS: what changed
PHILIPS MOTORS
Largest movements
- Tangible fixed assets +€39,242
up €39,242 (+19.7%), from €198,905 to €238,147
of which Land and buildings: +€24,004
- Cash -€31,278
down €31,278 (-91.8%), from €34,086 to €2,807
mainly Investment in fixed assets (net) (-€64,168) and Trade debts (-€59,465)
- Stocks and contracts -€20,522
down €20,522 (-3.0%), from €688,464 to €667,941
- Receivables within one year +€13,929
up €13,929 (+21.9%), from €63,662 to €77,592
- Deferred charges and accrued income -€11,237
no longer reported in 2025 (was €11,237)
- Other debts +€94,613
up €94,613 (+30.4%), from €311,081 to €405,694
- Trade debts -€59,465
down €59,465 (-23.6%), from €251,570 to €192,106
- Profit (loss) carried forward -€47,389
down €47,389 (-72.0%), from €65,848 to €18,459
- Short-term financial debts +€22,250
up €22,250 (+126%), from €17,639 to €39,889
- Tax, wage and social debts -€19,876
down €19,876 (-37.8%), from €52,569 to €32,693
of which Taxes: -€10,835
- Gross operating margin -€125,778
down €125,778 (-39.0%), from €322,431 to €196,653
- Staff costs -€31,783
down €31,783 (-13.3%), from €239,153 to €207,370
- Depreciation +€7,416
up €7,416 (+42.4%), from €17,509 to €24,925
- Financial charges -€5,384
down €5,384 (-42.7%), from €12,596 to €7,212
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €997,593 | €987,727 | -€9,866 | -1.0% |
| Fixed assets | 21/28 | €200,144 | €239,386 | +€39,242 | +19.6% |
| Tangible fixed assets | 22/27 | €198,905 | €238,147 | +€39,242 | +19.7% |
| Land and buildings | 22 | €180,868 | €204,872 | +€24,004 | +13.3% |
| Plant, machinery and equipment | 23 | €17,238 | €13,453 | -€3,785 | -22.0% |
| Furniture and vehicles | 24 | €799 | €19,822 | +€19,023 | +2,382% |
| Financial fixed assets | 28 | €1,239 | €1,239 | = | 0.0% |
| Current assets | 29/58 | €797,449 | €748,341 | -€49,108 | -6.2% |
| Stocks and contracts in progress | 3 | €688,464 | €667,941 | -€20,522 | -3.0% |
| Stocks | 30/36 | €688,464 | €667,941 | -€20,522 | -3.0% |
| Amounts receivable within one year | 40/41 | €63,662 | €77,592 | +€13,929 | +21.9% |
| Trade receivables | 40 | €63,662 | €77,592 | +€13,929 | +21.9% |
| Cash at bank and in hand | 54/58 | €34,086 | €2,807 | -€31,278 | -91.8% |
| Deferred charges and accrued income | 490/1 | €11,237 | - | -€11,237 | |
| Total equity and liabilities | 10/49 | €997,593 | €987,727 | -€9,866 | -1.0% |
| Equity | 10/15 | €344,734 | €297,345 | -€47,389 | -13.7% |
| Contributions | 10/11 | €74,368 | €74,368 | = | 0.0% |
| Capital | 10 | €74,368 | €74,368 | = | 0.0% |
| Issued capital | 100 | €74,368 | €74,368 | = | 0.0% |
| Reserves | 13 | €204,518 | €204,518 | = | 0.0% |
| Non-distributable reserves | 130/1 | €7,437 | €7,437 | = | 0.0% |
| Legal reserve | 130 | €7,437 | €7,437 | = | 0.0% |
| Tax-exempt reserves | 132 | €160,537 | €160,537 | = | 0.0% |
| Distributable reserves | 133 | €36,545 | €36,545 | = | 0.0% |
| Profit (loss) carried forward | 14 | €65,848 | €18,459 | -€47,389 | -72.0% |
| Amounts payable | 17/49 | €652,859 | €690,382 | +€37,523 | +5.7% |
| Amounts payable within one year | 42/48 | €652,859 | €690,382 | +€37,523 | +5.7% |
| Current portion of amounts payable after more than one year | 42 | €20,000 | €20,000 | = | 0.0% |
| Financial debts | 43 | €17,639 | €39,889 | +€22,250 | +126% |
| Credit institutions | 430/8 | €17,639 | €39,889 | +€22,250 | +126% |
| Trade debts | 44 | €251,570 | €192,106 | -€59,465 | -23.6% |
| Suppliers | 440/4 | €251,570 | €192,106 | -€59,465 | -23.6% |
| Taxes, remuneration and social security | 45 | €52,569 | €32,693 | -€19,876 | -37.8% |
| Taxes | 450/3 | €22,142 | €11,307 | -€10,835 | -48.9% |
| Remuneration and social security | 454/9 | €30,427 | €21,387 | -€9,041 | -29.7% |
| Other amounts payable | 47/48 | €311,081 | €405,694 | +€94,613 | +30.4% |
| Remuneration, social security and pensions | 62 | €239,153 | €207,370 | -€31,783 | -13.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,509 | €24,925 | +€7,416 | +42.4% |
| Other operating charges | 640/8 | €5,357 | €4,535 | -€823 | -15.4% |
| Gross operating margin | 9900 | €322,431 | €196,653 | -€125,778 | -39.0% |
| Operating profit (loss) | 9901 | €60,411 | -€40,177 | -€100,588 | |
| Financial income | 75/76B | €1,281 | - | -€1,281 | |
| Recurring financial income | 75 | €1,281 | - | -€1,281 | |
| Financial charges | 65/66B | €12,596 | €7,212 | -€5,384 | -42.7% |
| Recurring financial charges | 65 | €12,596 | €7,212 | -€5,384 | -42.7% |
| Profit (loss) for the period before taxes | 9903 | €49,096 | -€47,389 | -€96,485 | |
| Profit (loss) for the period | 9904 | €49,096 | -€47,389 | -€96,485 | |
| Profit (loss) for the period to be appropriated | 9905 | €49,096 | -€47,389 | -€96,485 |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.