PHILLECTRIC: 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.
PHILLECTRIC
Largest movements
- Cash +€16,307
up €16,307 (+41.1%), from €39,704 to €56,010
mainly Net result for the year (+€11,225) and Depreciation (+€3,400)
- Tangible fixed assets -€3,400
down €3,400 (-25.0%), from €13,600 to €10,200
of which Furniture and vehicles: -€2,600
- Receivables within one year -€2,782
down €2,782 (-18.0%), from €15,435 to €12,653
of which Trade receivables: -€2,847
- Profit (loss) carried forward +€11,225
up €11,225 (+24.7%), from €45,452 to €56,677
- Trade debts -€1,105
down €1,105 (-43.0%), from €2,570 to €1,465
- Purchases and services -€67,648
down €67,648 (-100%), from €67,648 to €0
- Gross operating margin -€47,082
down €47,082 (-70.7%), from €66,626 to €19,544
- Taxes -€11,452
down €11,452 (-73.9%), from €15,500 to €4,048
- Financial charges -€806
down €806 (-95.2%), from €846 to €40
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €68,739 | €78,864 | +€10,125 | +14.7% |
| Fixed assets | 21/28 | €13,600 | €10,200 | -€3,400 | -25.0% |
| Tangible fixed assets | 22/27 | €13,600 | €10,200 | -€3,400 | -25.0% |
| Plant, machinery and equipment | 23 | €3,200 | €2,400 | -€800 | -25.0% |
| Furniture and vehicles | 24 | €10,400 | €7,800 | -€2,600 | -25.0% |
| Current assets | 29/58 | €55,139 | €68,664 | +€13,525 | +24.5% |
| Amounts receivable within one year | 40/41 | €15,435 | €12,653 | -€2,782 | -18.0% |
| Trade receivables | 40 | €10,464 | €7,616 | -€2,847 | -27.2% |
| Other amounts receivable | 41 | €4,972 | €5,037 | +€66 | +1.3% |
| Cash at bank and in hand | 54/58 | €39,704 | €56,010 | +€16,307 | +41.1% |
| Total equity and liabilities | 10/49 | €68,739 | €78,864 | +€10,125 | +14.7% |
| Equity | 10/15 | €65,452 | €76,677 | +€11,225 | +17.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €45,452 | €56,677 | +€11,225 | +24.7% |
| Amounts payable | 17/49 | €3,287 | €2,187 | -€1,100 | -33.5% |
| Amounts payable within one year | 42/48 | €3,287 | €2,187 | -€1,100 | -33.5% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €2,570 | €1,465 | -€1,105 | -43.0% |
| Suppliers | 440/4 | €2,570 | €1,465 | -€1,105 | -43.0% |
| Taxes, remuneration and social security | 45 | €0 | €0 | = | |
| Taxes | 450/3 | €0 | €0 | = | |
| Other amounts payable | 47/48 | €717 | €721 | +€4 | +0.6% |
| Turnover | 70 | - | €0 | = | |
| Goods, raw materials, services and sundry goods | 60/61 | €67,648 | €0 | -€67,648 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,400 | €3,400 | = | 0.0% |
| Other operating charges | 640/8 | €1,428 | €831 | -€597 | -41.8% |
| Gross operating margin | 9900 | €66,626 | €19,544 | -€47,082 | -70.7% |
| Operating profit (loss) | 9901 | €61,798 | €15,313 | -€46,485 | -75.2% |
| Financial charges | 65/66B | €846 | €40 | -€806 | -95.2% |
| Recurring financial charges | 65 | €846 | €40 | -€806 | -95.2% |
| Profit (loss) for the period before taxes | 9903 | €60,952 | €15,273 | -€45,679 | -74.9% |
| Income taxes | 67/77 | €15,500 | €4,048 | -€11,452 | -73.9% |
| Profit (loss) for the period | 9904 | €45,452 | €11,225 | -€34,227 | -75.3% |
| Profit (loss) for the period to be appropriated | 9905 | €45,452 | €11,225 | -€34,227 | -75.3% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.