PHILOS CREATIVE: 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.
PHILOS CREATIVE
Largest movements
- Cash +€28,837
up €28,837 (+8.3%), from €346,157 to €374,994
mainly Net result for the year (+€43,739) and Other debts (+€23,656)
- Receivables within one year -€10,745
down €10,745 (-17.6%), from €61,140 to €50,395
- Profit (loss) carried forward +€43,738
up €43,738 (+15.2%), from €287,763 to €331,501
- Trade debts -€32,355
down €32,355 (-80.2%), from €40,352 to €7,997
- Tax, wage and social debts -€27,300
down €27,300 (-35.6%), from €76,667 to €49,367
of which Remuneration and social security: -€18,035
- Other debts +€23,656
up €23,656 (+648%), from €3,653 to €27,309
- Accrued charges and deferred income +€9,570
new in 2024: €9,570
- Gross operating margin -€14,145
down €14,145 (-19.2%), from €73,762 to €59,617
- Taxes -€5,500
down €5,500 (-30.6%), from €18,000 to €12,500
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €410,435 | €427,743 | +€17,308 | +4.2% |
| Fixed assets | 21/28 | €3,138 | €2,354 | -€784 | -25.0% |
| Tangible fixed assets | 22/27 | €3,138 | €2,354 | -€784 | -25.0% |
| Other tangible fixed assets | 26 | €3,138 | €2,354 | -€784 | -25.0% |
| Current assets | 29/58 | €407,297 | €425,390 | +€18,093 | +4.4% |
| Amounts receivable within one year | 40/41 | €61,140 | €50,395 | -€10,745 | -17.6% |
| Trade receivables | 40 | €61,140 | €50,395 | -€10,745 | -17.6% |
| Cash at bank and in hand | 54/58 | €346,157 | €374,994 | +€28,837 | +8.3% |
| Total equity and liabilities | 10/49 | €410,435 | €427,743 | +€17,308 | +4.2% |
| Equity | 10/15 | €289,763 | €333,501 | +€43,738 | +15.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Contributions outside capital | 11 | €2,000 | €2,000 | = | 0.0% |
| Other | 1109/19 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €287,763 | €331,501 | +€43,738 | +15.2% |
| Amounts payable | 17/49 | €120,672 | €94,242 | -€26,430 | -21.9% |
| Amounts payable within one year | 42/48 | €120,672 | €84,672 | -€36,000 | -29.8% |
| Trade debts | 44 | €40,352 | €7,997 | -€32,355 | -80.2% |
| Suppliers | 440/4 | €40,352 | €7,997 | -€32,355 | -80.2% |
| Taxes, remuneration and social security | 45 | €76,667 | €49,367 | -€27,300 | -35.6% |
| Taxes | 450/3 | €58,632 | €49,367 | -€9,265 | -15.8% |
| Remuneration and social security | 454/9 | €18,035 | - | -€18,035 | |
| Other amounts payable | 47/48 | €3,653 | €27,309 | +€23,656 | +648% |
| Accrued charges and deferred income | 492/3 | - | €9,570 | +€9,570 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €785 | €785 | -€0 | -0.1% |
| Other operating charges | 640/8 | €1,413 | €1,591 | +€178 | +12.6% |
| Gross operating margin | 9900 | €73,762 | €59,617 | -€14,145 | -19.2% |
| Operating profit (loss) | 9901 | €71,564 | €57,242 | -€14,322 | -20.0% |
| Financial charges | 65/66B | €1,272 | €1,003 | -€269 | -21.1% |
| Recurring financial charges | 65 | €1,272 | €1,003 | -€269 | -21.1% |
| Profit (loss) for the period before taxes | 9903 | €70,292 | €56,239 | -€14,053 | -20.0% |
| Income taxes | 67/77 | €18,000 | €12,500 | -€5,500 | -30.6% |
| Profit (loss) for the period | 9904 | €52,292 | €43,739 | -€8,553 | -16.4% |
| Profit (loss) for the period to be appropriated | 9905 | €52,292 | €43,739 | -€8,553 | -16.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.