Philius: 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.
Philius
Largest movements
- Cash -€18,560
down €18,560 (-38.8%), from €47,847 to €29,287
mainly Contributions, distributions and other (-€213,824) and Investment in fixed assets (net) (-€2,545)
- Tangible fixed assets -€18,141
down €18,141 (-13.5%), from €134,053 to €115,913
of which Other tangible fixed assets: -€11,246
- Receivables within one year -€9,795
down €9,795 (-38.9%), from €25,208 to €15,413
of which Trade receivables: -€9,695
- Reserves -€166,974
down €166,974 (-91.3%), from €182,901 to €15,927
- Other debts +€115,096
up €115,096 (+2549.3%), from €4,515 to €119,610
- Tax, wage and social debts +€5,016
up €5,016 (+29.3%), from €17,126 to €22,141
- Gross operating margin +€16,085
up €16,085 (+24.7%), from €65,036 to €81,121
- Depreciation +€2,344
up €2,344 (+12.8%), from €18,342 to €20,686
- Taxes +€2,082
up €2,082 (+19.6%), from €10,599 to €12,680
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 | €207,631 | €161,129 | -€46,502 | -22.4% |
| Fixed assets | 21/28 | €134,053 | €115,913 | -€18,141 | -13.5% |
| Tangible fixed assets | 22/27 | €134,053 | €115,913 | -€18,141 | -13.5% |
| Plant, machinery and equipment | 23 | - | €1,035 | +€1,035 | |
| Furniture and vehicles | 24 | €37,703 | €29,773 | -€7,930 | -21.0% |
| Other tangible fixed assets | 26 | €96,351 | €85,105 | -€11,246 | -11.7% |
| Current assets | 29/58 | €73,578 | €45,216 | -€28,362 | -38.5% |
| Amounts receivable within one year | 40/41 | €25,208 | €15,413 | -€9,795 | -38.9% |
| Trade receivables | 40 | €25,108 | €15,413 | -€9,695 | -38.6% |
| Other amounts receivable | 41 | €100 | - | -€100 | |
| Cash at bank and in hand | 54/58 | €47,847 | €29,287 | -€18,560 | -38.8% |
| Deferred charges and accrued income | 490/1 | €524 | €516 | -€7 | -1.4% |
| Total equity and liabilities | 10/49 | €207,631 | €161,129 | -€46,502 | -22.4% |
| Equity | 10/15 | €185,901 | €18,927 | -€166,974 | -89.8% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €182,901 | €15,927 | -€166,974 | -91.3% |
| Distributable reserves | 133 | €182,901 | €15,927 | -€166,974 | -91.3% |
| Amounts payable | 17/49 | €21,731 | €142,202 | +€120,472 | +554.4% |
| Amounts payable within one year | 42/48 | €21,731 | €142,202 | +€120,472 | +554.4% |
| Trade debts | 44 | €90 | €451 | +€361 | +399.8% |
| Suppliers | 440/4 | €90 | €451 | +€361 | +399.8% |
| Taxes, remuneration and social security | 45 | €17,126 | €22,141 | +€5,016 | +29.3% |
| Taxes | 450/3 | €17,126 | €22,141 | +€5,016 | +29.3% |
| Other amounts payable | 47/48 | €4,515 | €119,610 | +€115,096 | +2549.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,342 | €20,686 | +€2,344 | +12.8% |
| Other operating charges | 640/8 | €705 | €1,075 | +€370 | +52.4% |
| Gross operating margin | 9900 | €65,036 | €81,121 | +€16,085 | +24.7% |
| Operating profit (loss) | 9901 | €45,989 | €59,361 | +€13,372 | +29.1% |
| Financial income | 75/76B | €335 | €265 | -€70 | -20.9% |
| Recurring financial income | 75 | €335 | €265 | -€70 | -20.9% |
| Financial charges | 65/66B | €96 | €96 | = | 0.0% |
| Recurring financial charges | 65 | €96 | €96 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €46,228 | €59,530 | +€13,302 | +28.8% |
| Income taxes | 67/77 | €10,599 | €12,680 | +€2,082 | +19.6% |
| Profit (loss) for the period | 9904 | €35,629 | €46,849 | +€11,220 | +31.5% |
| Profit (loss) for the period to be appropriated | 9905 | €35,629 | €46,849 | +€11,220 | +31.5% |
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.