Philokalia 3: 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 3
Largest movements
- Cash +€13,196
up €13,196 (+17.0%), from €77,851 to €91,047
mainly Net result for the year (+€111,712) and Tax, wage and social debts (+€10,956)
- Receivables within one year -€6,394
down €6,394 (-6.1%), from €104,282 to €97,888
of which Trade receivables: -€6,572
- Stocks and contracts +€2,950
up €2,950 (+14.1%), from €20,972 to €23,922
- Profit (loss) carried forward +€111,712
up €111,712, from -€11,862 to €99,850
- Other debts -€98,046
down €98,046 (-81.9%), from €119,740 to €21,694
- Tax, wage and social debts +€10,956
up €10,956 (+43.2%), from €25,366 to €36,322
of which Taxes: +€5,584
- Trade debts -€7,837
down €7,837 (-13.2%), from €59,307 to €51,470
- Advances received -€7,360
no longer reported in 2025 (was €7,360)
- Gross operating margin +€205,679
up €205,679 (+150%), from €137,561 to €343,240
- Staff costs +€107,745
up €107,745 (+94.6%), from €113,926 to €221,671
- Other operating charges -€7,352
down €7,352 (-90.2%), from €8,155 to €803
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 | €203,911 | €213,336 | +€9,425 | +4.6% |
| Fixed assets | 21/28 | €806 | €479 | -€327 | -40.6% |
| Tangible fixed assets | 22/27 | €601 | €274 | -€327 | -54.4% |
| Furniture and vehicles | 24 | €601 | €274 | -€327 | -54.4% |
| Financial fixed assets | 28 | €205 | €205 | = | 0.0% |
| Current assets | 29/58 | €203,105 | €212,857 | +€9,752 | +4.8% |
| Stocks and contracts in progress | 3 | €20,972 | €23,922 | +€2,950 | +14.1% |
| Stocks | 30/36 | €20,972 | €23,922 | +€2,950 | +14.1% |
| Amounts receivable within one year | 40/41 | €104,282 | €97,888 | -€6,394 | -6.1% |
| Trade receivables | 40 | €6,572 | - | -€6,572 | |
| Other amounts receivable | 41 | €97,710 | €97,888 | +€178 | +0.2% |
| Cash at bank and in hand | 54/58 | €77,851 | €91,047 | +€13,196 | +17.0% |
| Total equity and liabilities | 10/49 | €203,911 | €213,336 | +€9,425 | +4.6% |
| Equity | 10/15 | -€7,862 | €103,850 | +€111,712 | |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,862 | €99,850 | +€111,712 | |
| Amounts payable | 17/49 | €211,773 | €109,486 | -€102,287 | -48.3% |
| Amounts payable within one year | 42/48 | €211,773 | €109,486 | -€102,287 | -48.3% |
| Trade debts | 44 | €59,307 | €51,470 | -€7,837 | -13.2% |
| Suppliers | 440/4 | €59,307 | €51,470 | -€7,837 | -13.2% |
| Advances received on contracts in progress | 46 | €7,360 | - | -€7,360 | |
| Taxes, remuneration and social security | 45 | €25,366 | €36,322 | +€10,956 | +43.2% |
| Taxes | 450/3 | €7,925 | €13,509 | +€5,584 | +70.5% |
| Remuneration and social security | 454/9 | €17,441 | €22,813 | +€5,372 | +30.8% |
| Other amounts payable | 47/48 | €119,740 | €21,694 | -€98,046 | -81.9% |
| Remuneration, social security and pensions | 62 | €113,926 | €221,671 | +€107,745 | +94.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €926 | €326 | -€600 | -64.8% |
| Other operating charges | 640/8 | €8,155 | €803 | -€7,352 | -90.2% |
| Non-recurring operating charges | 66A | €26,039 | - | -€26,039 | |
| Gross operating margin | 9900 | €137,561 | €343,240 | +€205,679 | +150% |
| Operating profit (loss) | 9901 | -€11,485 | €120,440 | +€131,925 | |
| Financial charges | 65/66B | €7,654 | €8,728 | +€1,074 | +14.0% |
| Recurring financial charges | 65 | €7,654 | €8,728 | +€1,074 | +14.0% |
| Profit (loss) for the period before taxes | 9903 | -€19,139 | €111,712 | +€130,851 | |
| Income taxes | 67/77 | €42 | - | -€42 | |
| Profit (loss) for the period | 9904 | -€19,181 | €111,712 | +€130,893 | |
| Profit (loss) for the period to be appropriated | 9905 | -€19,181 | €111,712 | +€130,893 |
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 1 November 2026 via checked.be.