Philotax: 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.
Philotax
Largest movements
- Cash +€53,495
up €53,495 (+2198.0%), from €2,434 to €55,929
mainly Net result for the year (+€79,311) and Tax, wage and social debts (+€17,955)
- Deferred charges and accrued income +€25,211
up €25,211 (+87.3%), from €28,869 to €54,080
- Tangible fixed assets +€6,964
new in 2025: €6,964
- Profit (loss) carried forward +€79,311
up €79,311 (+620.2%), from €12,789 to €92,100
- Tax, wage and social debts +€17,955
up €17,955 (+513.2%), from €3,499 to €21,454
- Other debts -€10,798
no longer reported in 2025 (was €10,798)
- Accrued charges and deferred income -€2,100
no longer reported in 2025 (was €2,100)
- Gross operating margin +€84,570
up €84,570 (+518.7%), from €16,305 to €100,875
- Taxes +€17,151
up €17,151 (+490.2%), from €3,499 to €20,650
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 | €31,863 | €117,116 | +€85,253 | +267.6% |
| Fixed assets | 21/28 | - | €6,964 | +€6,964 | |
| Tangible fixed assets | 22/27 | - | €6,964 | +€6,964 | |
| Furniture and vehicles | 24 | - | €6,964 | +€6,964 | |
| Current assets | 29/58 | €31,863 | €110,152 | +€78,289 | +245.7% |
| Amounts receivable within one year | 40/41 | €560 | €143 | -€417 | -74.4% |
| Trade receivables | 40 | €560 | - | -€560 | |
| Other amounts receivable | 41 | - | €143 | +€143 | |
| Cash at bank and in hand | 54/58 | €2,434 | €55,929 | +€53,495 | +2198.0% |
| Deferred charges and accrued income | 490/1 | €28,869 | €54,080 | +€25,211 | +87.3% |
| Total equity and liabilities | 10/49 | €31,863 | €117,116 | +€85,253 | +267.6% |
| Equity | 10/15 | €15,289 | €94,600 | +€79,311 | +518.7% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €12,789 | €92,100 | +€79,311 | +620.2% |
| Amounts payable | 17/49 | €16,574 | €22,516 | +€5,942 | +35.9% |
| Amounts payable within one year | 42/48 | €14,474 | €22,516 | +€8,042 | +55.6% |
| Trade debts | 44 | €177 | €1,062 | +€886 | +501.4% |
| Suppliers | 440/4 | €177 | €1,062 | +€886 | +501.4% |
| Taxes, remuneration and social security | 45 | €3,499 | €21,454 | +€17,955 | +513.2% |
| Taxes | 450/3 | €3,499 | €21,454 | +€17,955 | +513.2% |
| Other amounts payable | 47/48 | €10,798 | - | -€10,798 | |
| Accrued charges and deferred income | 492/3 | €2,100 | - | -€2,100 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €834 | +€834 | |
| Other operating charges | 640/8 | - | €134 | +€134 | |
| Gross operating margin | 9900 | €16,305 | €100,875 | +€84,570 | +518.7% |
| Operating profit (loss) | 9901 | €16,305 | €99,907 | +€83,602 | +512.7% |
| Financial income | 75/76B | - | €57 | +€57 | |
| Recurring financial income | 75 | - | €57 | +€57 | |
| Financial charges | 65/66B | €18 | €3 | -€15 | -84.1% |
| Recurring financial charges | 65 | €18 | €3 | -€15 | -84.1% |
| Profit (loss) for the period before taxes | 9903 | €16,288 | €99,961 | +€83,673 | +513.7% |
| Income taxes | 67/77 | €3,499 | €20,650 | +€17,151 | +490.2% |
| Profit (loss) for the period | 9904 | €12,789 | €79,311 | +€66,522 | +520.2% |
| Profit (loss) for the period to be appropriated | 9905 | €12,789 | €79,311 | +€66,522 | +520.2% |
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 11 October 2026 via checked.be.