Philos Lab: 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 Lab
Largest movements
- Receivables within one year -€13,030
down €13,030 (-57.7%), from €22,598 to €9,568
- Cash -€11,765
down €11,765 (-11.6%), from €101,716 to €89,951
mainly Contributions, distributions and other (-€19,000) and Net result for the year (-€18,708)
- Tangible fixed assets -€5,955
down €5,955 (-48.2%), from €12,354 to €6,399
of which Furniture and vehicles: -€4,695
- Reserves -€19,000
down €19,000 (-31.6%), from €60,060 to €41,060
of which Distributable reserves: -€19,000
- Profit (loss) carried forward -€18,708
down €18,708 (-52.9%), from €35,339 to €16,631
- Other debts +€9,835
up €9,835 (+36.5%), from €26,979 to €36,814
- Trade debts -€2,443
down €2,443 (-90.7%), from €2,693 to €250
- Gross operating margin -€31,418
down €31,418, from €25,086 to -€6,332
- Financial income +€322
up €322 (+84.0%), from €384 to €706
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 | €137,601 | €106,272 | -€31,329 | -22.8% |
| Fixed assets | 21/28 | €12,354 | €6,399 | -€5,955 | -48.2% |
| Tangible fixed assets | 22/27 | €12,354 | €6,399 | -€5,955 | -48.2% |
| Plant, machinery and equipment | 23 | €332 | €221 | -€111 | -33.3% |
| Furniture and vehicles | 24 | €7,708 | €3,013 | -€4,695 | -60.9% |
| Other tangible fixed assets | 26 | €4,314 | €3,164 | -€1,150 | -26.7% |
| Current assets | 29/58 | €125,247 | €99,873 | -€25,374 | -20.3% |
| Amounts receivable within one year | 40/41 | €22,598 | €9,568 | -€13,030 | -57.7% |
| Trade receivables | 40 | €22,598 | €9,568 | -€13,030 | -57.7% |
| Cash at bank and in hand | 54/58 | €101,716 | €89,951 | -€11,765 | -11.6% |
| Deferred charges and accrued income | 490/1 | €933 | €354 | -€579 | -62.1% |
| Total equity and liabilities | 10/49 | €137,601 | €106,272 | -€31,329 | -22.8% |
| Equity | 10/15 | €101,699 | €63,991 | -€37,708 | -37.1% |
| Contributions | 10/11 | €6,300 | €6,300 | = | 0.0% |
| Reserves | 13 | €60,060 | €41,060 | -€19,000 | -31.6% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €58,200 | €39,200 | -€19,000 | -32.6% |
| Profit (loss) carried forward | 14 | €35,339 | €16,631 | -€18,708 | -52.9% |
| Amounts payable | 17/49 | €35,902 | €42,281 | +€6,379 | +17.8% |
| Amounts payable within one year | 42/48 | €35,902 | €42,281 | +€6,379 | +17.8% |
| Trade debts | 44 | €2,693 | €250 | -€2,443 | -90.7% |
| Suppliers | 440/4 | €2,693 | €250 | -€2,443 | -90.7% |
| Taxes, remuneration and social security | 45 | €6,229 | €5,216 | -€1,013 | -16.3% |
| Taxes | 450/3 | €6,229 | €4,216 | -€2,013 | -32.3% |
| Remuneration and social security | 454/9 | - | €1,000 | +€1,000 | |
| Other amounts payable | 47/48 | €26,979 | €36,814 | +€9,835 | +36.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,299 | €6,393 | +€93 | +1.5% |
| Other operating charges | 640/8 | €339 | €338 | -€1 | -0.2% |
| Gross operating margin | 9900 | €25,086 | -€6,332 | -€31,418 | |
| Operating profit (loss) | 9901 | €18,448 | -€13,063 | -€31,511 | |
| Financial income | 75/76B | €384 | €706 | +€322 | +84.0% |
| Recurring financial income | 75 | €384 | €706 | +€322 | +84.0% |
| Financial charges | 65/66B | €209 | €351 | +€141 | +67.4% |
| Recurring financial charges | 65 | €209 | €351 | +€141 | +67.4% |
| Profit (loss) for the period before taxes | 9903 | €18,622 | -€12,708 | -€31,330 | |
| Income taxes | 67/77 | €6,187 | €6,000 | -€187 | -3.0% |
| Profit (loss) for the period | 9904 | €12,435 | -€18,708 | -€31,143 | |
| Profit (loss) for the period to be appropriated | 9905 | €12,435 | -€18,708 | -€31,143 |
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 16 October 2026 via checked.be.