PHILOSOPHIE EUPEN: 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.
PHILOSOPHIE EUPEN
Largest movements
- Cash +€9,339
up €9,339 (+22.7%), from €41,085 to €50,424
mainly Depreciation (+€9,096) and Net result for the year (+€6,379)
- Tangible fixed assets -€5,950
down €5,950 (-18.4%), from €32,421 to €26,470
of which Furniture and vehicles: -€5,415
- Stocks and contracts +€3,300
up €3,300 (+25.1%), from €13,169 to €16,469
- Deferred charges and accrued income +€2,419
up €2,419 (+71.4%), from €3,390 to €5,809
- Receivables within one year -€1,897
down €1,897 (-28.4%), from €6,683 to €4,786
of which Trade receivables: -€2,605
- Reserves +€6,000
up €6,000 (+14.6%), from €41,000 to €47,000
- Tax, wage and social debts +€2,871
up €2,871 (+23.4%), from €12,244 to €15,115
of which Remuneration and social security: +€2,340
- Debts after one year -€2,835
down €2,835 (-25.2%), from €11,254 to €8,419
- Accrued charges and deferred income +€1,734
up €1,734 (+28.3%), from €6,119 to €7,853
- Trade debts -€1,057
down €1,057 (-37.8%), from €2,795 to €1,738
- Taxes +€3,624
up €3,624 (+252%), from €1,440 to €5,064
- Gross operating margin +€3,136
up €3,136 (+6.0%), from €52,239 to €55,375
- Depreciation +€1,196
up €1,196 (+15.1%), from €7,900 to €9,096
- Financial charges +€829
up €829 (+53.0%), from €1,564 to €2,393
- Staff costs +€644
up €644 (+2.1%), from €30,424 to €31,069
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 | €96,798 | €104,009 | +€7,211 | +7.4% |
| Fixed assets | 21/28 | €32,470 | €26,520 | -€5,950 | -18.3% |
| Tangible fixed assets | 22/27 | €32,421 | €26,470 | -€5,950 | -18.4% |
| Plant, machinery and equipment | 23 | €3,797 | €2,913 | -€884 | -23.3% |
| Furniture and vehicles | 24 | €14,522 | €9,107 | -€5,415 | -37.3% |
| Other tangible fixed assets | 26 | €14,102 | €14,450 | +€348 | +2.5% |
| Financial fixed assets | 28 | €50 | €50 | = | 0.0% |
| Current assets | 29/58 | €64,327 | €77,489 | +€13,162 | +20.5% |
| Stocks and contracts in progress | 3 | €13,169 | €16,469 | +€3,300 | +25.1% |
| Stocks | 30/36 | €13,169 | €16,469 | +€3,300 | +25.1% |
| Amounts receivable within one year | 40/41 | €6,683 | €4,786 | -€1,897 | -28.4% |
| Trade receivables | 40 | €6,596 | €3,991 | -€2,605 | -39.5% |
| Other amounts receivable | 41 | €87 | €796 | +€708 | +812% |
| Cash at bank and in hand | 54/58 | €41,085 | €50,424 | +€9,339 | +22.7% |
| Deferred charges and accrued income | 490/1 | €3,390 | €5,809 | +€2,419 | +71.4% |
| Total equity and liabilities | 10/49 | €96,798 | €104,009 | +€7,211 | +7.4% |
| Equity | 10/15 | €61,070 | €67,449 | +€6,379 | +10.4% |
| Contributions | 10/11 | €19,954 | €19,954 | = | 0.0% |
| Reserves | 13 | €41,000 | €47,000 | +€6,000 | +14.6% |
| Distributable reserves | 133 | €41,000 | €47,000 | +€6,000 | +14.6% |
| Profit (loss) carried forward | 14 | €115 | €494 | +€379 | +329% |
| Amounts payable | 17/49 | €35,728 | €36,560 | +€832 | +2.3% |
| Amounts payable after more than one year | 17 | €11,254 | €8,419 | -€2,835 | -25.2% |
| Financial debts | 170/4 | €11,254 | €8,419 | -€2,835 | -25.2% |
| Amounts payable within one year | 42/48 | €18,354 | €20,288 | +€1,933 | +10.5% |
| Current portion of amounts payable after more than one year | 42 | €2,950 | €3,067 | +€117 | +4.0% |
| Financial debts | 43 | €169 | €368 | +€199 | +118% |
| Credit institutions | 430/8 | €169 | €368 | +€199 | +118% |
| Trade debts | 44 | €2,795 | €1,738 | -€1,057 | -37.8% |
| Suppliers | 440/4 | €2,795 | €1,738 | -€1,057 | -37.8% |
| Taxes, remuneration and social security | 45 | €12,244 | €15,115 | +€2,871 | +23.4% |
| Taxes | 450/3 | €9,731 | €10,262 | +€531 | +5.5% |
| Remuneration and social security | 454/9 | €2,513 | €4,853 | +€2,340 | +93.1% |
| Other amounts payable | 47/48 | €196 | - | -€196 | |
| Accrued charges and deferred income | 492/3 | €6,119 | €7,853 | +€1,734 | +28.3% |
| Remuneration, social security and pensions | 62 | €30,424 | €31,069 | +€644 | +2.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,900 | €9,096 | +€1,196 | +15.1% |
| Other operating charges | 640/8 | €1,359 | €1,899 | +€540 | +39.7% |
| Gross operating margin | 9900 | €52,239 | €55,375 | +€3,136 | +6.0% |
| Operating profit (loss) | 9901 | €12,555 | €13,311 | +€756 | +6.0% |
| Financial income | 75/76B | €393 | €525 | +€131 | +33.4% |
| Recurring financial income | 75 | €393 | €525 | +€131 | +33.4% |
| Financial charges | 65/66B | €1,564 | €2,393 | +€829 | +53.0% |
| Recurring financial charges | 65 | €1,564 | €2,393 | +€829 | +53.0% |
| Profit (loss) for the period before taxes | 9903 | €11,384 | €11,443 | +€59 | +0.5% |
| Income taxes | 67/77 | €1,440 | €5,064 | +€3,624 | +252% |
| Profit (loss) for the period | 9904 | €9,944 | €6,379 | -€3,565 | -35.9% |
| Profit (loss) for the period to be appropriated | 9905 | €9,944 | €6,379 | -€3,565 | -35.9% |
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 31 October 2026 via checked.be.