PHILMAFLORE: 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.
PHILMAFLORE
Largest movements
- Cash -€2,009
down €2,009 (-78.9%), from €2,548 to €539
mainly Net result for the year (-€8,868) and Trade debts (-€895)
- Receivables within one year -€1,866
down €1,866 (-91.1%), from €2,048 to €183
of which Other amounts receivable: -€1,016
- Tangible fixed assets -€1,673
down €1,673 (-3.1%), from €54,265 to €52,591
of which Plant, machinery and equipment: -€1,673
- Deferred charges and accrued income -€1,524
down €1,524 (-92.8%), from €1,642 to €118
- Reserves -€26,500
no longer reported in 2025 (was €26,500)
- Profit (loss) carried forward +€17,632
up €17,632, from -€12,554 to €5,078
- Other debts +€2,690
up €2,690 (+46.5%), from €5,787 to €8,477
- Trade debts -€895
down €895 (-50.0%), from €1,790 to €895
- Gross operating margin +€5,625
up €5,625 (+59.6%), from -€9,434 to -€3,809
- Other operating charges +€347
up €347 (+11.4%), from €3,040 to €3,387
- Financial income -€290
down €290 (-98.6%), from €294 to €4
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 | €60,523 | €53,451 | -€7,073 | -11.7% |
| Fixed assets | 21/28 | €54,285 | €52,611 | -€1,673 | -3.1% |
| Tangible fixed assets | 22/27 | €54,265 | €52,591 | -€1,673 | -3.1% |
| Land and buildings | 22 | €43,992 | €43,992 | = | 0.0% |
| Plant, machinery and equipment | 23 | €10,272 | €8,599 | -€1,673 | -16.3% |
| Financial fixed assets | 28 | €20 | €20 | = | 0.0% |
| Current assets | 29/58 | €6,239 | €839 | -€5,399 | -86.5% |
| Amounts receivable within one year | 40/41 | €2,048 | €183 | -€1,866 | -91.1% |
| Trade receivables | 40 | €850 | - | -€850 | |
| Other amounts receivable | 41 | €1,199 | €183 | -€1,016 | -84.8% |
| Cash at bank and in hand | 54/58 | €2,548 | €539 | -€2,009 | -78.9% |
| Deferred charges and accrued income | 490/1 | €1,642 | €118 | -€1,524 | -92.8% |
| Total equity and liabilities | 10/49 | €60,523 | €53,451 | -€7,073 | -11.7% |
| Equity | 10/15 | €52,946 | €44,078 | -€8,868 | -16.7% |
| Contributions | 10/11 | €39,000 | €39,000 | = | 0.0% |
| Reserves | 13 | €26,500 | - | -€26,500 | |
| Distributable reserves | 133 | €26,500 | - | -€26,500 | |
| Profit (loss) carried forward | 14 | -€12,554 | €5,078 | +€17,632 | |
| Amounts payable | 17/49 | €7,577 | €9,373 | +€1,795 | +23.7% |
| Amounts payable within one year | 42/48 | €7,577 | €9,373 | +€1,795 | +23.7% |
| Trade debts | 44 | €1,790 | €895 | -€895 | -50.0% |
| Suppliers | 440/4 | €1,790 | €895 | -€895 | -50.0% |
| Other amounts payable | 47/48 | €5,787 | €8,477 | +€2,690 | +46.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,673 | €1,673 | = | 0.0% |
| Other operating charges | 640/8 | €3,040 | €3,387 | +€347 | +11.4% |
| Non-recurring operating charges | 66A | €1,660 | - | -€1,660 | |
| Gross operating margin | 9900 | -€9,434 | -€3,809 | +€5,625 | +59.6% |
| Operating profit (loss) | 9901 | -€15,807 | -€8,869 | +€6,937 | +43.9% |
| Financial income | 75/76B | €294 | €4 | -€290 | -98.6% |
| Recurring financial income | 75 | €294 | €4 | -€290 | -98.6% |
| Financial charges | 65/66B | -€37 | €43 | +€80 | |
| Recurring financial charges | 65 | -€37 | €43 | +€80 | |
| Profit (loss) for the period before taxes | 9903 | -€15,476 | -€8,908 | +€6,568 | +42.4% |
| Income taxes | 67/77 | €40 | -€40 | -€80 | |
| Profit (loss) for the period | 9904 | -€15,516 | -€8,868 | +€6,648 | +42.8% |
| Profit (loss) for the period to be appropriated | 9905 | -€15,516 | -€8,868 | +€6,648 | +42.8% |
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 15 October 2026 via checked.be.