PHILITAB SERVICES: 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.
PHILITAB SERVICES
Largest movements
- Receivables within one year +€35,801
up €35,801 (+201.1%), from €17,799 to €53,600
of which Other amounts receivable: +€24,794
- Cash -€19,386
down €19,386 (-15.7%), from €123,089 to €103,703
mainly Receivables within one year (-€35,801) and Tax, wage and social debts (-€18,878)
- Reserves +€48,525
up €48,525 (+16.3%), from €297,397 to €345,922
- Tax, wage and social debts -€18,878
down €18,878 (-100.0%), from €18,878 to €0
- Trade debts -€14,782
down €14,782 (-7.2%), from €206,011 to €191,229
- Gross operating margin -€68,741
down €68,741 (-71.3%), from €96,431 to €27,690
- Financial income +€19,845
up €19,845 (+80.4%), from €24,683 to €44,527
- Taxes -€18,584
down €18,584 (-75.1%), from €24,756 to €6,172
- Financial charges +€6,374
up €6,374 (+124.5%), from €5,120 to €11,494
- Staff costs -€2,033
down €2,033 (-100.0%), from €2,033 to €0
From the 2025 result to the 2026 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 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €553,486 | €567,601 | +€14,115 | +2.6% |
| Fixed assets | 21/28 | €148,708 | €145,117 | -€3,591 | -2.4% |
| Tangible fixed assets | 22/27 | €10,784 | €7,193 | -€3,591 | -33.3% |
| Plant, machinery and equipment | 23 | €10,784 | €7,193 | -€3,591 | -33.3% |
| Furniture and vehicles | 24 | €0 | - | = | |
| Financial fixed assets | 28 | €137,924 | €137,924 | = | 0.0% |
| Current assets | 29/58 | €404,778 | €422,484 | +€17,706 | +4.4% |
| Amounts receivable within one year | 40/41 | €17,799 | €53,600 | +€35,801 | +201.1% |
| Trade receivables | 40 | €14,249 | €25,255 | +€11,007 | +77.2% |
| Other amounts receivable | 41 | €3,550 | €28,345 | +€24,794 | +698.4% |
| Current investments | 50/53 | €263,890 | €263,890 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €123,089 | €103,703 | -€19,386 | -15.7% |
| Deferred charges and accrued income | 490/1 | €0 | €1,290 | +€1,290 | |
| Total equity and liabilities | 10/49 | €553,486 | €567,601 | +€14,115 | +2.6% |
| Equity | 10/15 | €318,397 | €366,922 | +€48,525 | +15.2% |
| Contributions | 10/11 | €21,000 | €21,000 | = | 0.0% |
| Reserves | 13 | €297,397 | €345,922 | +€48,525 | +16.3% |
| Distributable reserves | 133 | €297,397 | €345,922 | +€48,525 | +16.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €235,089 | €200,679 | -€34,410 | -14.6% |
| Amounts payable within one year | 42/48 | €224,889 | €191,229 | -€33,660 | -15.0% |
| Trade debts | 44 | €206,011 | €191,229 | -€14,782 | -7.2% |
| Suppliers | 440/4 | €206,011 | €191,229 | -€14,782 | -7.2% |
| Taxes, remuneration and social security | 45 | €18,878 | €0 | -€18,878 | -100.0% |
| Taxes | 450/3 | €18,878 | €0 | -€18,878 | -100.0% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €10,200 | €9,450 | -€750 | -7.4% |
| Non-recurring operating income | 76A | €14,719 | €0 | -€14,719 | -100.0% |
| Remuneration, social security and pensions | 62 | €2,033 | €0 | -€2,033 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,454 | €4,888 | +€1,435 | +41.6% |
| Other operating charges | 640/8 | €1,024 | €1,138 | +€114 | +11.1% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €96,431 | €27,690 | -€68,741 | -71.3% |
| Operating profit (loss) | 9901 | €89,920 | €21,664 | -€68,257 | -75.9% |
| Financial income | 75/76B | €24,683 | €44,527 | +€19,845 | +80.4% |
| Recurring financial income | 75 | €24,683 | €44,527 | +€19,845 | +80.4% |
| Financial charges | 65/66B | €5,120 | €11,494 | +€6,374 | +124.5% |
| Recurring financial charges | 65 | €5,120 | €11,494 | +€6,374 | +124.5% |
| Profit (loss) for the period before taxes | 9903 | €109,483 | €54,697 | -€54,786 | -50.0% |
| Income taxes | 67/77 | €24,756 | €6,172 | -€18,584 | -75.1% |
| Profit (loss) for the period | 9904 | €84,727 | €48,525 | -€36,202 | -42.7% |
| Profit (loss) for the period to be appropriated | 9905 | €84,727 | €48,525 | -€36,202 | -42.7% |
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 11 October 2026 via checked.be.