PHILOSOL: what changed
Two fiscal 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.
PHILOSOL
Largest movements
- Receivables within one year +€26,404
up €26,404 (+503.3%), from €5,246 to €31,650
of which Trade receivables: +€27,443
- Tangible fixed assets -€18,671
down €18,671 (-16.9%), from €110,671 to €92,000
of which Plant, machinery and equipment: -€15,308
- Cash +€18,075
up €18,075 (+18.0%), from €100,582 to €118,657
mainly Net result for the year (+€23,125) and Depreciation (+€18,671)
- Reserves +€23,125
up €23,125 (+12.2%), from €189,871 to €212,996
of which Distributable reserves: +€23,125
- Tax, wage and social debts +€3,678
up €3,678 (+406.9%), from €904 to €4,582
- Gross operating margin +€5,273
up €5,273 (+10.8%), from €48,850 to €54,123
- Financial income -€2,078
down €2,078 (-98.9%), from €2,101 to €23
- Taxes +€862
up €862 (+8.7%), from €9,930 to €10,792
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 | €217,099 | €242,907 | +€25,808 | +11.9% |
| Fixed assets | 21/28 | €111,271 | €92,600 | -€18,671 | -16.8% |
| Tangible fixed assets | 22/27 | €110,671 | €92,000 | -€18,671 | -16.9% |
| Plant, machinery and equipment | 23 | €69,198 | €53,890 | -€15,308 | -22.1% |
| Furniture and vehicles | 24 | €41,473 | €38,110 | -€3,363 | -8.1% |
| Financial fixed assets | 28 | €600 | €600 | = | 0.0% |
| Current assets | 29/58 | €105,828 | €150,307 | +€44,479 | +42.0% |
| Amounts receivable within one year | 40/41 | €5,246 | €31,650 | +€26,404 | +503.3% |
| Trade receivables | 40 | - | €27,443 | +€27,443 | |
| Other amounts receivable | 41 | €5,246 | €4,207 | -€1,039 | -19.8% |
| Cash at bank and in hand | 54/58 | €100,582 | €118,657 | +€18,075 | +18.0% |
| Total equity and liabilities | 10/49 | €217,099 | €242,907 | +€25,808 | +11.9% |
| Equity | 10/15 | €208,534 | €231,659 | +€23,125 | +11.1% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €189,871 | €212,996 | +€23,125 | +12.2% |
| 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 | €188,011 | €211,136 | +€23,125 | +12.3% |
| Profit (loss) carried forward | 14 | €63 | €63 | = | 0.0% |
| Amounts payable | 17/49 | €8,565 | €11,248 | +€2,683 | +31.3% |
| Amounts payable within one year | 42/48 | €8,565 | €11,248 | +€2,683 | +31.3% |
| Trade debts | 44 | - | €45 | +€45 | |
| Suppliers | 440/4 | - | €45 | +€45 | |
| Taxes, remuneration and social security | 45 | €904 | €4,582 | +€3,678 | +406.9% |
| Taxes | 450/3 | €904 | €4,582 | +€3,678 | +406.9% |
| Other amounts payable | 47/48 | €7,661 | €6,621 | -€1,040 | -13.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,671 | €18,671 | = | 0.0% |
| Other operating charges | 640/8 | €1,570 | €1,483 | -€87 | -5.5% |
| Gross operating margin | 9900 | €48,850 | €54,123 | +€5,273 | +10.8% |
| Operating profit (loss) | 9901 | €28,609 | €33,969 | +€5,360 | +18.7% |
| Financial income | 75/76B | €2,101 | €23 | -€2,078 | -98.9% |
| Recurring financial income | 75 | €2,101 | €23 | -€2,078 | -98.9% |
| Financial charges | 65/66B | €5 | €75 | +€70 | +1400.0% |
| Recurring financial charges | 65 | €5 | €75 | +€70 | +1400.0% |
| Profit (loss) for the period before taxes | 9903 | €30,705 | €33,917 | +€3,212 | +10.5% |
| Income taxes | 67/77 | €9,930 | €10,792 | +€862 | +8.7% |
| Profit (loss) for the period | 9904 | €20,775 | €23,125 | +€2,350 | +11.3% |
| Profit (loss) for the period to be appropriated | 9905 | €20,775 | €23,125 | +€2,350 | +11.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.