PHILJO: 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.
PHILJO
Largest movements
- Receivables within one year +€69,966
up €69,966 (+117.5%), from €59,547 to €129,513
- Receivables after one year -€26,318
down €26,318 (-3.7%), from €713,555 to €687,237
- Profit (loss) carried forward +€37,433
up €37,433 (+4.8%), from €771,965 to €809,398
- Gross operating margin +€20,694
up €20,694, from -€713 to €19,980
- Other operating charges -€2,468
down €2,468 (-64.9%), from €3,804 to €1,336
- Financial income +€2,359
up €2,359 (+9.9%), from €23,814 to €26,173
- Depreciation -€2,247
down €2,247 (-24.1%), from €9,340 to €7,093
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 | €1,049,304 | €1,089,304 | +€40,000 | +3.8% |
| Fixed assets | 21/28 | €274,265 | €267,172 | -€7,093 | -2.6% |
| Tangible fixed assets | 22/27 | €274,265 | €267,172 | -€7,093 | -2.6% |
| Land and buildings | 22 | €274,265 | €267,172 | -€7,093 | -2.6% |
| Current assets | 29/58 | €775,039 | €822,132 | +€47,093 | +6.1% |
| Amounts receivable after more than one year | 29 | €713,555 | €687,237 | -€26,318 | -3.7% |
| Other amounts receivable | 291 | €713,555 | €687,237 | -€26,318 | -3.7% |
| Amounts receivable within one year | 40/41 | €59,547 | €129,513 | +€69,966 | +117.5% |
| Other amounts receivable | 41 | €59,547 | €129,513 | +€69,966 | +117.5% |
| Cash at bank and in hand | 54/58 | €1,134 | €5,047 | +€3,913 | +345.1% |
| Deferred charges and accrued income | 490/1 | €804 | €336 | -€468 | -58.2% |
| Total equity and liabilities | 10/49 | €1,049,304 | €1,089,304 | +€40,000 | +3.8% |
| Equity | 10/15 | €1,047,438 | €1,084,871 | +€37,433 | +3.6% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €256,873 | €256,873 | = | 0.0% |
| Distributable reserves | 133 | €256,873 | €256,873 | = | 0.0% |
| Profit (loss) carried forward | 14 | €771,965 | €809,398 | +€37,433 | +4.8% |
| Amounts payable | 17/49 | €1,866 | €4,433 | +€2,567 | +137.6% |
| Amounts payable within one year | 42/48 | €1,866 | €4,433 | +€2,567 | +137.6% |
| Trade debts | 44 | €1,866 | - | -€1,866 | |
| Suppliers | 440/4 | €1,866 | - | -€1,866 | |
| Other amounts payable | 47/48 | - | €4,433 | +€4,433 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,340 | €7,093 | -€2,247 | -24.1% |
| Other operating charges | 640/8 | €3,804 | €1,336 | -€2,468 | -64.9% |
| Gross operating margin | 9900 | -€713 | €19,980 | +€20,694 | |
| Operating profit (loss) | 9901 | -€13,858 | €11,551 | +€25,409 | |
| Financial income | 75/76B | €23,814 | €26,173 | +€2,359 | +9.9% |
| Recurring financial income | 75 | €23,814 | €26,173 | +€2,359 | +9.9% |
| Financial charges | 65/66B | €411 | €291 | -€119 | -29.1% |
| Recurring financial charges | 65 | €411 | €291 | -€119 | -29.1% |
| Profit (loss) for the period before taxes | 9903 | €9,546 | €37,433 | +€27,887 | +292.1% |
| Profit (loss) for the period | 9904 | €9,546 | €37,433 | +€27,887 | +292.1% |
| Profit (loss) for the period to be appropriated | 9905 | €9,546 | €37,433 | +€27,887 | +292.1% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.