PHILOMA: 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.
PHILOMA
Largest movements
- Cash -€12,952
down €12,952 (-51.1%), from €25,344 to €12,392
mainly Contributions, distributions and other (-€40,607) and Net result for the year (-€4,883)
- Tangible fixed assets -€3,591
down €3,591 (-79.2%), from €4,532 to €942
of which Other tangible fixed assets: -€3,053
- Receivables within one year +€3,158
up €3,158 (+5.8%), from €54,595 to €57,753
of which Other amounts receivable: +€4,641
- Profit (loss) carried forward -€43,631
down €43,631 (-100.0%), from €43,631 to €0
- Other debts +€28,425
new in 2025: €28,425
- Tax, wage and social debts +€14,552
up €14,552 (+767.5%), from €1,896 to €16,448
- Current portion of long-term debt -€4,575
down €4,575 (-57.0%), from €8,021 to €3,445
- Debts after one year -€3,445
no longer reported in 2025 (was €3,445)
- Depreciation -€6,734
down €6,734 (-63.6%), from €10,581 to €3,847
- Financial income -€5,981
down €5,981 (-65.4%), from €9,145 to €3,164
- Gross operating margin -€1,584
down €1,584, from €270 to -€1,314
- Other operating charges -€877
down €877 (-39.8%), from €2,200 to €1,323
- Financial charges -€421
down €421 (-23.5%), from €1,793 to €1,371
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 | €86,696 | €73,028 | -€13,668 | -15.8% |
| Formation expenses | 20 | €983 | €727 | -€257 | -26.1% |
| Fixed assets | 21/28 | €4,532 | €942 | -€3,591 | -79.2% |
| Tangible fixed assets | 22/27 | €4,532 | €942 | -€3,591 | -79.2% |
| Furniture and vehicles | 24 | €1,480 | €942 | -€538 | -36.3% |
| Other tangible fixed assets | 26 | €3,053 | €0 | -€3,053 | -100.0% |
| Current assets | 29/58 | €81,181 | €71,359 | -€9,821 | -12.1% |
| Amounts receivable within one year | 40/41 | €54,595 | €57,753 | +€3,158 | +5.8% |
| Trade receivables | 40 | €1,483 | - | -€1,483 | |
| Other amounts receivable | 41 | €53,111 | €57,753 | +€4,641 | +8.7% |
| Cash at bank and in hand | 54/58 | €25,344 | €12,392 | -€12,952 | -51.1% |
| Deferred charges and accrued income | 490/1 | €1,242 | €1,215 | -€27 | -2.2% |
| Total equity and liabilities | 10/49 | €86,696 | €73,028 | -€13,668 | -15.8% |
| Equity | 10/15 | €70,200 | €24,709 | -€45,491 | -64.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €7,969 | €6,109 | -€1,860 | -23.3% |
| Tax-exempt reserves | 132 | €6,109 | €6,109 | = | 0.0% |
| Distributable reserves | 133 | €1,860 | - | -€1,860 | |
| Profit (loss) carried forward | 14 | €43,631 | €0 | -€43,631 | -100.0% |
| Amounts payable | 17/49 | €16,496 | €48,319 | +€31,822 | +192.9% |
| Amounts payable after more than one year | 17 | €3,445 | - | -€3,445 | |
| Financial debts | 170/4 | €3,445 | - | -€3,445 | |
| Amounts payable within one year | 42/48 | €13,051 | €48,319 | +€35,268 | +270.2% |
| Current portion of amounts payable after more than one year | 42 | €8,021 | €3,445 | -€4,575 | -57.0% |
| Trade debts | 44 | €3,134 | - | -€3,134 | |
| Suppliers | 440/4 | €3,134 | - | -€3,134 | |
| Taxes, remuneration and social security | 45 | €1,896 | €16,448 | +€14,552 | +767.5% |
| Taxes | 450/3 | €1,896 | €16,448 | +€14,552 | +767.5% |
| Other amounts payable | 47/48 | - | €28,425 | +€28,425 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,581 | €3,847 | -€6,734 | -63.6% |
| Other operating charges | 640/8 | €2,200 | €1,323 | -€877 | -39.8% |
| Gross operating margin | 9900 | €270 | -€1,314 | -€1,584 | |
| Operating profit (loss) | 9901 | -€12,511 | -€6,484 | +€6,026 | +48.2% |
| Financial income | 75/76B | €9,145 | €3,164 | -€5,981 | -65.4% |
| Recurring financial income | 75 | €9,145 | €3,164 | -€5,981 | -65.4% |
| Financial charges | 65/66B | €1,793 | €1,371 | -€421 | -23.5% |
| Recurring financial charges | 65 | €1,793 | €1,371 | -€421 | -23.5% |
| Profit (loss) for the period before taxes | 9903 | -€5,158 | -€4,692 | +€467 | +9.0% |
| Income taxes | 67/77 | €493 | €191 | -€301 | -61.1% |
| Profit (loss) for the period | 9904 | -€5,651 | -€4,883 | +€768 | +13.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,651 | -€4,883 | +€768 | +13.6% |
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 10 October 2026 via checked.be.