PHILISCADENT: 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.
PHILISCADENT
Largest movements
- Current investments +€10,055
up €10,055 (+10.0%), from €100,305 to €110,360
- Receivables within one year +€9,750
up €9,750 (+105.4%), from €9,249 to €18,999
of which Other amounts receivable: +€9,921
- Tangible fixed assets -€7,058
down €7,058 (-19.1%), from €37,035 to €29,978
of which Furniture and vehicles: -€5,891
- Other debts +€32,376
up €32,376 (+120.6%), from €26,853 to €59,230
- Reserves -€19,541
down €19,541 (-17.2%), from €113,584 to €94,043
of which Distributable reserves: -€19,541
- Taxes +€5,180
up €5,180 (+32.6%), from €15,890 to €21,070
- Gross operating margin -€2,404
down €2,404 (-3.2%), from €74,612 to €72,208
- Depreciation +€1,973
up €1,973 (+25.8%), from €7,652 to €9,625
- Other operating charges -€1,041
down €1,041 (-29.9%), from €3,483 to €2,443
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.
Cash bridge derived
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 | €157,049 | €170,582 | +€13,533 | +8.6% |
| Fixed assets | 21/28 | €37,035 | €29,978 | -€7,058 | -19.1% |
| Tangible fixed assets | 22/27 | €37,035 | €29,978 | -€7,058 | -19.1% |
| Land and buildings | 22 | €815 | €95 | -€721 | -88.4% |
| Plant, machinery and equipment | 23 | €990 | €544 | -€446 | -45.0% |
| Furniture and vehicles | 24 | €35,230 | €29,339 | -€5,891 | -16.7% |
| Current assets | 29/58 | €120,014 | €140,604 | +€20,590 | +17.2% |
| Amounts receivable within one year | 40/41 | €9,249 | €18,999 | +€9,750 | +105.4% |
| Trade receivables | 40 | €171 | - | -€171 | |
| Other amounts receivable | 41 | €9,078 | €18,999 | +€9,921 | +109.3% |
| Current investments | 50/53 | €100,305 | €110,360 | +€10,055 | +10.0% |
| Cash at bank and in hand | 54/58 | €7,696 | €7,801 | +€105 | +1.4% |
| Deferred charges and accrued income | 490/1 | €2,764 | €3,444 | +€680 | +24.6% |
| Total equity and liabilities | 10/49 | €157,049 | €170,582 | +€13,533 | +8.6% |
| Equity | 10/15 | €125,984 | €106,443 | -€19,541 | -15.5% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Outside capital | 11 | €12,400 | €12,400 | = | 0.0% |
| Other | 1109/19 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €113,584 | €94,043 | -€19,541 | -17.2% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €111,724 | €92,183 | -€19,541 | -17.5% |
| Amounts payable | 17/49 | €31,065 | €64,139 | +€33,074 | +106.5% |
| Amounts payable within one year | 42/48 | €31,065 | €64,139 | +€33,074 | +106.5% |
| Trade debts | 44 | €45 | - | -€45 | |
| Suppliers | 440/4 | €45 | - | -€45 | |
| Taxes, remuneration and social security | 45 | €4,166 | €4,909 | +€743 | +17.8% |
| Taxes | 450/3 | €4,166 | €4,909 | +€743 | +17.8% |
| Other amounts payable | 47/48 | €26,853 | €59,230 | +€32,376 | +120.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,652 | €9,625 | +€1,973 | +25.8% |
| Other operating charges | 640/8 | €3,483 | €2,443 | -€1,041 | -29.9% |
| Non-recurring operating charges | 66A | €19,530 | - | -€19,530 | |
| Gross operating margin | 9900 | €74,612 | €72,208 | -€2,404 | -3.2% |
| Operating profit (loss) | 9901 | €43,946 | €60,140 | +€16,194 | +36.9% |
| Financial income | 75/76B | €665 | €679 | +€14 | +2.0% |
| Recurring financial income | 75 | €665 | €679 | +€14 | +2.0% |
| Financial charges | 65/66B | €59 | €60 | +€2 | +2.6% |
| Recurring financial charges | 65 | €59 | €60 | +€2 | +2.6% |
| Profit (loss) for the period before taxes | 9903 | €44,553 | €60,759 | +€16,206 | +36.4% |
| Income taxes | 67/77 | €15,890 | €21,070 | +€5,180 | +32.6% |
| Profit (loss) for the period | 9904 | €28,663 | €39,689 | +€11,026 | +38.5% |
| Profit (loss) for the period to be appropriated | 9905 | €28,663 | €39,689 | +€11,026 | +38.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.