PHILLY'S: 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.
PHILLY'S
Largest movements
- Receivables within one year +€3,970
up €3,970 (+361.1%), from €1,099 to €5,070
- Stocks and contracts +€2,820
up €2,820 (+34.6%), from €8,145 to €10,965
- Cash -€1,233
down €1,233 (-8.9%), from €13,920 to €12,687
mainly Receivables within one year (-€3,970) and Investment in fixed assets (net) (-€3,931)
- Tangible fixed assets +€465
up €465 (+6.2%), from €7,536 to €8,001
of which Other tangible fixed assets: +€937
- Profit (loss) carried forward +€5,553
up €5,553, from -€2,946 to €2,607
- Tax, wage and social debts -€2,112
down €2,112 (-24.5%), from €8,615 to €6,503
of which Taxes: -€2,118
- Trade debts +€2,095
up €2,095 (+311.6%), from €672 to €2,768
- Gross operating margin -€14,890
down €14,890 (-43.9%), from €33,925 to €19,036
- Staff costs -€12,082
down €12,082 (-66.8%), from €18,086 to €6,004
- Other operating charges +€703
up €703 (+28.5%), from €2,466 to €3,169
- Financial charges -€701
down €701 (-45.4%), from €1,545 to €844
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 | €39,828 | €45,459 | +€5,631 | +14.1% |
| Fixed assets | 21/28 | €14,449 | €14,914 | +€465 | +3.2% |
| Tangible fixed assets | 22/27 | €7,536 | €8,001 | +€465 | +6.2% |
| Plant, machinery and equipment | 23 | €6,654 | €6,272 | -€382 | -5.7% |
| Furniture and vehicles | 24 | €411 | €321 | -€90 | -21.9% |
| Other tangible fixed assets | 26 | €471 | €1,408 | +€937 | +199.1% |
| Financial fixed assets | 28 | €6,913 | €6,913 | = | 0.0% |
| Current assets | 29/58 | €25,379 | €30,545 | +€5,166 | +20.4% |
| Stocks and contracts in progress | 3 | €8,145 | €10,965 | +€2,820 | +34.6% |
| Stocks | 30/36 | €8,145 | €10,965 | +€2,820 | +34.6% |
| Amounts receivable within one year | 40/41 | €1,099 | €5,070 | +€3,970 | +361.1% |
| Trade receivables | 40 | €1,099 | €5,070 | +€3,970 | +361.1% |
| Cash at bank and in hand | 54/58 | €13,920 | €12,687 | -€1,233 | -8.9% |
| Deferred charges and accrued income | 490/1 | €2,215 | €1,823 | -€392 | -17.7% |
| Total equity and liabilities | 10/49 | €39,828 | €45,459 | +€5,631 | +14.1% |
| Equity | 10/15 | €9,263 | €14,816 | +€5,553 | +59.9% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €6,009 | €6,009 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | - | -€1,860 | |
| Reserves not available under the articles | 1311 | €1,860 | - | -€1,860 | |
| Tax-exempt reserves | 132 | €12 | €12 | = | 0.0% |
| Distributable reserves | 133 | €4,137 | €5,997 | +€1,860 | +45.0% |
| Profit (loss) carried forward | 14 | -€2,946 | €2,607 | +€5,553 | |
| Amounts payable | 17/49 | €30,565 | €30,643 | +€78 | +0.3% |
| Amounts payable within one year | 42/48 | €30,565 | €30,643 | +€78 | +0.3% |
| Trade debts | 44 | €672 | €2,768 | +€2,095 | +311.6% |
| Suppliers | 440/4 | €672 | €2,768 | +€2,095 | +311.6% |
| Taxes, remuneration and social security | 45 | €8,615 | €6,503 | -€2,112 | -24.5% |
| Taxes | 450/3 | €8,191 | €6,074 | -€2,118 | -25.9% |
| Remuneration and social security | 454/9 | €423 | €429 | +€6 | +1.4% |
| Other amounts payable | 47/48 | €21,277 | €21,372 | +€95 | +0.4% |
| Remuneration, social security and pensions | 62 | €18,086 | €6,004 | -€12,082 | -66.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,388 | €3,466 | +€78 | +2.3% |
| Other operating charges | 640/8 | €2,466 | €3,169 | +€703 | +28.5% |
| Gross operating margin | 9900 | €33,925 | €19,036 | -€14,890 | -43.9% |
| Operating profit (loss) | 9901 | €9,985 | €6,397 | -€3,588 | -35.9% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €1,545 | €844 | -€701 | -45.4% |
| Recurring financial charges | 65 | €1,545 | €844 | -€701 | -45.4% |
| Profit (loss) for the period before taxes | 9903 | €8,440 | €5,553 | -€2,887 | -34.2% |
| Profit (loss) for the period | 9904 | €8,440 | €5,553 | -€2,887 | -34.2% |
| Profit (loss) for the period to be appropriated | 9905 | €8,440 | €5,553 | -€2,887 | -34.2% |
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 11 October 2026 via checked.be.