PHILLE & CO: 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.
What changed
PHILLE & CO
NACE 68.121, Development of residential building projects
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€6,290
2024 · €15,891-€9,600
Equity
€127,350
2024 · €421,060-€293,710
Cash
€959
2024 · €1,326-€367
Balance sheet total
€549,481
2024 · €873,055-€323,574
Largest movements
Assets
- Deferred charges and accrued income -€283,451
down €283,451 (-97.7%), from €290,127 to €6,676
- Receivables within one year -€72,953
down €72,953 (-22.1%), from €329,904 to €256,950
of which Other amounts receivable: -€72,870
- Stocks and contracts +€33,197
up €33,197 (+13.2%), from €251,698 to €284,894
Equity and liabilities
- Profit (loss) carried forward -€293,710
down €293,710 (-84.8%), from €346,310 to €52,600
- Tax, wage and social debts -€58,301
down €58,301 (-86.6%), from €67,341 to €9,039
- Debts after one year +€23,278
up €23,278 (+9.9%), from €234,351 to €257,629
- Accrued charges and deferred income +€18,606
up €18,606 (+19.4%), from €95,660 to €114,266
- Trade debts -€13,447
down €13,447 (-24.6%), from €54,644 to €41,196
Income statement
- Financial income -€11,785
down €11,785 (-51.1%), from €23,058 to €11,273
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.
Result 2024
€15,891
Other operating charges
+€566
Other operating items
-€4,726
Financial income
-€11,785
Financial charges
-€243
Taxes
+€6,587
Result 2025
€6,290
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
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.
From operations
+€276,355
Investment
€0
Financing
-€276,722
Cash 2024
€1,326
From operations (derived)
+€276,355
Net result for the year
+€6,290
Stocks and contracts
-€33,197
Receivables within one year
+€72,953
Deferred charges and accrued income
+€283,451
Trade debts
-€13,447
Tax, wage and social debts
-€58,301
Accrued charges and deferred income
+€18,606
Financing
-€276,722
Debts after one year
+€23,278
Contributions, distributions and other
-€300,000
Cash 2025
€959
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €873,055 | €549,481 | -€323,574 | -37.1% |
| Current assets | 29/58 | €873,055 | €549,481 | -€323,574 | -37.1% |
| Stocks and contracts in progress | 3 | €251,698 | €284,894 | +€33,197 | +13.2% |
| Stocks | 30/36 | €251,698 | €284,894 | +€33,197 | +13.2% |
| Property held for sale | 35 | €251,698 | €284,894 | +€33,197 | +13.2% |
| Amounts receivable within one year | 40/41 | €329,904 | €256,950 | -€72,953 | -22.1% |
| Trade receivables | 40 | €25,084 | €25,000 | -€84 | -0.3% |
| Other amounts receivable | 41 | €304,820 | €231,950 | -€72,870 | -23.9% |
| Cash at bank and in hand | 54/58 | €1,326 | €959 | -€367 | -27.7% |
| Deferred charges and accrued income | 490/1 | €290,127 | €6,676 | -€283,451 | -97.7% |
| Total equity and liabilities | 10/49 | €873,055 | €549,481 | -€323,574 | -37.1% |
| Equity | 10/15 | €421,060 | €127,350 | -€293,710 | -69.8% |
| Contributions | 10/11 | €68,600 | €68,600 | = | 0.0% |
| Capital | 10 | €61,500 | €61,500 | = | 0.0% |
| Issued capital | 100 | €61,500 | €61,500 | = | 0.0% |
| Contributions outside capital | 11 | €7,100 | €7,100 | = | 0.0% |
| Other | 1109/19 | €7,100 | €7,100 | = | 0.0% |
| Reserves | 13 | €6,150 | €6,150 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,150 | €6,150 | = | 0.0% |
| Legal reserve | 130 | €6,150 | €6,150 | = | 0.0% |
| Profit (loss) carried forward | 14 | €346,310 | €52,600 | -€293,710 | -84.8% |
| Amounts payable | 17/49 | €451,995 | €422,131 | -€29,865 | -6.6% |
| Amounts payable after more than one year | 17 | €234,351 | €257,629 | +€23,278 | +9.9% |
| Financial debts | 170/4 | €234,351 | €257,629 | +€23,278 | +9.9% |
| Other loans | 174 | €234,351 | €257,629 | +€23,278 | +9.9% |
| Amounts payable within one year | 42/48 | €121,984 | €50,236 | -€71,749 | -58.8% |
| Trade debts | 44 | €54,644 | €41,196 | -€13,447 | -24.6% |
| Suppliers | 440/4 | €54,644 | €41,196 | -€13,447 | -24.6% |
| Taxes, remuneration and social security | 45 | €67,341 | €9,039 | -€58,301 | -86.6% |
| Taxes | 450/3 | €67,341 | €9,039 | -€58,301 | -86.6% |
| Accrued charges and deferred income | 492/3 | €95,660 | €114,266 | +€18,606 | +19.4% |
| Operating income | 70/76A | €24,570 | €14,591 | -€9,979 | -40.6% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €24,570 | €14,591 | -€9,979 | -40.6% |
| Other operating income | 74 | €0 | - | = | |
| Non-recurring operating income | 76A | €0 | - | = | |
| Operating charges | 60/66A | €22,479 | €16,660 | -€5,819 | -25.9% |
| Goods for resale, raw materials and consumables | 60 | €19,632 | €14,591 | -€5,041 | -25.7% |
| Purchases | 600/8 | €19,632 | €14,591 | -€5,041 | -25.7% |
| Services and other goods | 61 | €1,754 | €1,541 | -€212 | -12.1% |
| Other operating charges | 640/8 | €1,094 | €528 | -€566 | -51.7% |
| Operating profit (loss) | 9901 | €2,091 | -€2,069 | -€4,160 | |
| Financial income | 75/76B | €23,058 | €11,273 | -€11,785 | -51.1% |
| Recurring financial income | 75 | €23,058 | €11,273 | -€11,785 | -51.1% |
| Income from current assets | 751 | €22,929 | €11,273 | -€11,656 | -50.8% |
| Other financial income | 752/9 | €129 | €0 | -€129 | -100% |
| Financial charges | 65/66B | €381 | €624 | +€243 | +63.7% |
| Recurring financial charges | 65 | €381 | €624 | +€243 | +63.7% |
| Debt charges | 650 | €0 | €0 | -€0 | -100% |
| Other financial charges | 652/9 | €381 | €624 | +€243 | +63.8% |
| Profit (loss) for the period before taxes | 9903 | €24,768 | €8,580 | -€16,188 | -65.4% |
| Income taxes | 67/77 | €8,877 | €2,290 | -€6,587 | -74.2% |
| Taxes | 670/3 | €8,877 | €2,290 | -€6,587 | -74.2% |
| Profit (loss) for the period | 9904 | €15,891 | €6,290 | -€9,600 | -60.4% |
| Profit (loss) for the period to be appropriated | 9905 | €15,891 | €6,290 | -€9,600 | -60.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 17 October 2026 via checked.be.