PHILLYNVEST: what changed
PHILLYNVEST
Largest movements
- Current investments -€200,000
down €200,000 (-50.0%), from €400,000 to €200,000
- Cash -€20,867
down €20,867 (-63.8%), from €32,686 to €11,820
mainly Tax, wage and social debts (-€98,151) and Other debts (-€90,083)
- Tax, wage and social debts -€98,151
down €98,151 (-86.3%), from €113,734 to €15,583
of which Taxes: -€98,151
- Other debts -€90,083
down €90,083 (-98.2%), from €91,752 to €1,669
- Reserves -€12,340
down €12,340 (-2.3%), from €531,221 to €518,881
- Current portion of long-term debt -€10,000
down €10,000 (-100%), from €10,000 to €0
- Gross operating margin -€340,380
down €340,380 (-87.7%), from €388,199 to €47,818
- Taxes -€109,621
down €109,621 (-85.7%), from €127,977 to €18,356
- Financial charges -€5,733
down €5,733 (-36.1%), from €15,859 to €10,126
- Financial income +€5,452
up €5,452 (+124%), from €4,381 to €9,833
of which Financial income: +€5,452
- Other operating charges -€4,760
down €4,760 (-58.6%), from €8,123 to €3,363
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €794,369 | €581,954 | -€212,415 | -26.7% |
| Fixed assets | 21/28 | €333,334 | €333,334 | = | 0.0% |
| Tangible fixed assets | 22/27 | €0 | - | = | |
| Land and buildings | 22 | €0 | - | = | |
| Financial fixed assets | 28 | €333,334 | €333,334 | = | 0.0% |
| Current assets | 29/58 | €461,035 | €248,620 | -€212,415 | -46.1% |
| Amounts receivable within one year | 40/41 | €20,570 | €22,480 | +€1,910 | +9.3% |
| Trade receivables | 40 | €20,570 | €21,780 | +€1,210 | +5.9% |
| Other amounts receivable | 41 | €0 | €700 | +€700 | |
| Current investments | 50/53 | €400,000 | €200,000 | -€200,000 | -50.0% |
| Cash at bank and in hand | 54/58 | €32,686 | €11,820 | -€20,867 | -63.8% |
| Deferred charges and accrued income | 490/1 | €7,779 | €14,321 | +€6,542 | +84.1% |
| Total equity and liabilities | 10/49 | €794,369 | €581,954 | -€212,415 | -26.7% |
| Equity | 10/15 | €571,221 | €558,881 | -€12,340 | -2.2% |
| Contributions | 10/11 | €40,000 | €40,000 | = | 0.0% |
| Reserves | 13 | €531,221 | €518,881 | -€12,340 | -2.3% |
| Distributable reserves | 133 | €531,221 | €518,881 | -€12,340 | -2.3% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €223,148 | €23,073 | -€200,075 | -89.7% |
| Amounts payable after more than one year | 17 | €0 | - | = | |
| Financial debts | 170/4 | €0 | - | = | |
| Other amounts payable | 178/9 | €0 | - | = | |
| Amounts payable within one year | 42/48 | €222,070 | €22,761 | -€199,309 | -89.8% |
| Current portion of amounts payable after more than one year | 42 | €10,000 | €0 | -€10,000 | -100% |
| Trade debts | 44 | €6,584 | €5,509 | -€1,074 | -16.3% |
| Suppliers | 440/4 | €6,584 | €5,509 | -€1,074 | -16.3% |
| Taxes, remuneration and social security | 45 | €113,734 | €15,583 | -€98,151 | -86.3% |
| Taxes | 450/3 | €111,734 | €13,583 | -€98,151 | -87.8% |
| Remuneration and social security | 454/9 | €2,000 | €2,000 | = | 0.0% |
| Other amounts payable | 47/48 | €91,752 | €1,669 | -€90,083 | -98.2% |
| Accrued charges and deferred income | 492/3 | €1,078 | €312 | -€766 | -71.1% |
| Non-recurring operating income | 76A | €323,800 | €0 | -€323,800 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €0 | - | = | |
| Other operating charges | 640/8 | €8,123 | €3,363 | -€4,760 | -58.6% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €388,199 | €47,818 | -€340,380 | -87.7% |
| Operating profit (loss) | 9901 | €380,076 | €44,455 | -€335,621 | -88.3% |
| Financial income | 75/76B | €4,381 | €9,833 | +€5,452 | +124% |
| Recurring financial income | 75 | €4,381 | €9,833 | +€5,452 | +124% |
| Non-recurring financial income | 76B | €0 | - | = | |
| Financial charges | 65/66B | €15,859 | €10,126 | -€5,733 | -36.1% |
| Recurring financial charges | 65 | €15,859 | €10,126 | -€5,733 | -36.1% |
| Profit (loss) for the period before taxes | 9903 | €368,598 | €44,162 | -€324,436 | -88.0% |
| Income taxes | 67/77 | €127,977 | €18,356 | -€109,621 | -85.7% |
| Profit (loss) for the period | 9904 | €240,621 | €25,806 | -€214,815 | -89.3% |
| Profit (loss) for the period to be appropriated | 9905 | €240,621 | €25,806 | -€214,815 | -89.3% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.