Philokalia: 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.
Philokalia
Largest movements
- Tangible fixed assets -€66,790
down €66,790 (-51.0%), from €130,996 to €64,206
of which Furniture and vehicles: -€56,673
- Receivables within one year -€65,431
down €65,431 (-62.9%), from €103,995 to €38,564
of which Other amounts receivable: -€103,995
- Cash -€17,943
down €17,943 (-90.4%), from €19,851 to €1,908
mainly Other debts (-€127,345) and Net result for the year (-€45,460)
- Other debts -€127,345
down €127,345 (-48.1%), from €264,762 to €137,417
- Profit (loss) carried forward -€45,460
down €45,460 (-49.3%), from -€92,149 to -€137,609
- Advances received +€33,550
new in 2025: €33,550
- Trade debts -€7,750
down €7,750 (-90.8%), from €8,534 to €784
- Tax, wage and social debts -€3,159
down €3,159 (-47.1%), from €6,705 to €3,546
- Gross operating margin -€33,092
down €33,092 (-47.4%), from €69,852 to €36,760
- Taxes +€8,664
no longer reported in 2025 (was -€8,664)
- Depreciation -€4,391
down €4,391 (-12.2%), from €35,871 to €31,480
- Other operating charges -€1,604
down €1,604 (-27.2%), from €5,887 to €4,283
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 | €258,902 | €108,738 | -€150,164 | -58.0% |
| Fixed assets | 21/28 | €135,056 | €68,266 | -€66,790 | -49.5% |
| Tangible fixed assets | 22/27 | €130,996 | €64,206 | -€66,790 | -51.0% |
| Plant, machinery and equipment | 23 | €4,988 | €2,723 | -€2,265 | -45.4% |
| Furniture and vehicles | 24 | €78,687 | €22,014 | -€56,673 | -72.0% |
| Other tangible fixed assets | 26 | €47,321 | €39,469 | -€7,852 | -16.6% |
| Financial fixed assets | 28 | €4,060 | €4,060 | = | 0.0% |
| Current assets | 29/58 | €123,846 | €40,472 | -€83,374 | -67.3% |
| Amounts receivable within one year | 40/41 | €103,995 | €38,564 | -€65,431 | -62.9% |
| Trade receivables | 40 | - | €38,564 | +€38,564 | |
| Other amounts receivable | 41 | €103,995 | - | -€103,995 | |
| Cash at bank and in hand | 54/58 | €19,851 | €1,908 | -€17,943 | -90.4% |
| Total equity and liabilities | 10/49 | €258,902 | €108,738 | -€150,164 | -58.0% |
| Equity | 10/15 | -€21,099 | -€66,559 | -€45,460 | -215% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €67,050 | €67,050 | = | 0.0% |
| Distributable reserves | 133 | €67,050 | €67,050 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€92,149 | -€137,609 | -€45,460 | -49.3% |
| Amounts payable | 17/49 | €280,001 | €175,297 | -€104,704 | -37.4% |
| Amounts payable within one year | 42/48 | €280,001 | €175,297 | -€104,704 | -37.4% |
| Trade debts | 44 | €8,534 | €784 | -€7,750 | -90.8% |
| Suppliers | 440/4 | €8,534 | €784 | -€7,750 | -90.8% |
| Advances received on contracts in progress | 46 | - | €33,550 | +€33,550 | |
| Taxes, remuneration and social security | 45 | €6,705 | €3,546 | -€3,159 | -47.1% |
| Taxes | 450/3 | €6,705 | €3,546 | -€3,159 | -47.1% |
| Other amounts payable | 47/48 | €264,762 | €137,417 | -€127,345 | -48.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €35,871 | €31,480 | -€4,391 | -12.2% |
| Other operating charges | 640/8 | €5,887 | €4,283 | -€1,604 | -27.2% |
| Non-recurring operating charges | 66A | - | €46,338 | +€46,338 | |
| Gross operating margin | 9900 | €69,852 | €36,760 | -€33,092 | -47.4% |
| Operating profit (loss) | 9901 | €28,094 | -€45,341 | -€73,435 | |
| Financial charges | 65/66B | €121 | €119 | -€2 | -1.7% |
| Recurring financial charges | 65 | €121 | €119 | -€2 | -1.7% |
| Profit (loss) for the period before taxes | 9903 | €27,973 | -€45,460 | -€73,433 | |
| Income taxes | 67/77 | -€8,664 | - | +€8,664 | |
| Profit (loss) for the period | 9904 | €36,637 | -€45,460 | -€82,097 | |
| Profit (loss) for the period to be appropriated | 9905 | €36,637 | -€45,460 | -€82,097 |
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 17 October 2026 via checked.be.