PHILOCTET: 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.
PHILOCTET
Largest movements
- Receivables within one year +€48,637
up €48,637 (+26.3%), from €184,917 to €233,554
of which Other amounts receivable: +€77,176
- Intangible fixed assets -€20,700
down €20,700 (-63.2%), from €32,775 to €12,075
- Cash -€10,048
down €10,048 (-81.2%), from €12,373 to €2,325
mainly Receivables within one year (-€48,637) and Tax, wage and social debts (-€9,809)
- Profit (loss) carried forward +€29,202
up €29,202 (+20.3%), from €144,001 to €173,202
- Tax, wage and social debts -€9,809
down €9,809 (-13.8%), from €71,029 to €61,221
of which Taxes: -€10,673
- Trade debts -€3,261
down €3,261 (-51.0%), from €6,400 to €3,139
- Gross operating margin -€102,726
down €102,726 (-53.7%), from €191,290 to €88,564
- Taxes -€29,325
down €29,325 (-81.0%), from €36,203 to €6,878
- Financial income +€3,807
up €3,807 (+53.2%), from €7,157 to €10,964
- Financial charges -€2,757
down €2,757 (-50.4%), from €5,468 to €2,711
- Depreciation +€2,139
up €2,139 (+9.7%), from €21,993 to €24,132
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 | €241,521 | €257,722 | +€16,201 | +6.7% |
| Fixed assets | 21/28 | €42,882 | €20,099 | -€22,783 | -53.1% |
| Intangible fixed assets | 21 | €32,775 | €12,075 | -€20,700 | -63.2% |
| Tangible fixed assets | 22/27 | €10,107 | €8,024 | -€2,083 | -20.6% |
| Plant, machinery and equipment | 23 | €2,350 | €1,667 | -€683 | -29.1% |
| Furniture and vehicles | 24 | €7,757 | €6,358 | -€1,399 | -18.0% |
| Current assets | 29/58 | €198,639 | €237,622 | +€38,983 | +19.6% |
| Amounts receivable within one year | 40/41 | €184,917 | €233,554 | +€48,637 | +26.3% |
| Trade receivables | 40 | €43,622 | €15,083 | -€28,539 | -65.4% |
| Other amounts receivable | 41 | €141,295 | €218,471 | +€77,176 | +54.6% |
| Cash at bank and in hand | 54/58 | €12,373 | €2,325 | -€10,048 | -81.2% |
| Deferred charges and accrued income | 490/1 | €1,349 | €1,743 | +€394 | +29.2% |
| Total equity and liabilities | 10/49 | €241,521 | €257,722 | +€16,201 | +6.7% |
| Equity | 10/15 | €163,551 | €192,752 | +€29,202 | +17.9% |
| Contributions | 10/11 | €18,600 | €19,550 | +€950 | +5.1% |
| Reserves | 13 | €950 | - | -€950 | |
| Non-distributable reserves | 130/1 | €950 | - | -€950 | |
| Reserves not available under the articles | 1311 | €950 | - | -€950 | |
| Profit (loss) carried forward | 14 | €144,001 | €173,202 | +€29,202 | +20.3% |
| Amounts payable | 17/49 | €77,971 | €64,969 | -€13,001 | -16.7% |
| Amounts payable within one year | 42/48 | €77,430 | €64,359 | -€13,070 | -16.9% |
| Trade debts | 44 | €6,400 | €3,139 | -€3,261 | -51.0% |
| Suppliers | 440/4 | €6,400 | €3,139 | -€3,261 | -51.0% |
| Taxes, remuneration and social security | 45 | €71,029 | €61,221 | -€9,809 | -13.8% |
| Taxes | 450/3 | €59,909 | €49,235 | -€10,673 | -17.8% |
| Remuneration and social security | 454/9 | €11,121 | €11,985 | +€865 | +7.8% |
| Accrued charges and deferred income | 492/3 | €541 | €610 | +€69 | +12.7% |
| Remuneration, social security and pensions | 62 | €36,312 | €35,705 | -€607 | -1.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,993 | €24,132 | +€2,139 | +9.7% |
| Other operating charges | 640/8 | €1,116 | €899 | -€217 | -19.4% |
| Gross operating margin | 9900 | €191,290 | €88,564 | -€102,726 | -53.7% |
| Operating profit (loss) | 9901 | €131,869 | €27,828 | -€104,041 | -78.9% |
| Financial income | 75/76B | €7,157 | €10,964 | +€3,807 | +53.2% |
| Recurring financial income | 75 | €7,157 | €10,964 | +€3,807 | +53.2% |
| Financial charges | 65/66B | €5,468 | €2,711 | -€2,757 | -50.4% |
| Recurring financial charges | 65 | €5,468 | €2,711 | -€2,757 | -50.4% |
| Profit (loss) for the period before taxes | 9903 | €133,558 | €36,080 | -€97,477 | -73.0% |
| Income taxes | 67/77 | €36,203 | €6,878 | -€29,325 | -81.0% |
| Profit (loss) for the period | 9904 | €97,354 | €29,202 | -€68,152 | -70.0% |
| Profit (loss) for the period to be appropriated | 9905 | €97,354 | €29,202 | -€68,152 | -70.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.