PHILUNI: 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.
PHILUNI
Largest movements
- Cash +€39,662
up €39,662 (+36.7%), from €108,075 to €147,737
mainly Net result for the year (+€24,359) and Depreciation (+€21,692)
- Tangible fixed assets -€12,704
down €12,704 (-2.8%), from €455,160 to €442,456
- Reserves +€24,359
up €24,359 (+18.5%), from €131,883 to €156,242
of which Distributable reserves: +€28,568
- Gross operating margin +€9,042
up €9,042 (+15.8%), from €57,176 to €66,218
- Taxes +€3,213
up €3,213 (+29.0%), from €11,083 to €14,296
- Depreciation -€762
down €762 (-3.4%), from €22,454 to €21,692
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 | €581,728 | €611,124 | +€29,395 | +5.1% |
| Fixed assets | 21/28 | €455,160 | €442,456 | -€12,704 | -2.8% |
| Tangible fixed assets | 22/27 | €455,160 | €442,456 | -€12,704 | -2.8% |
| Land and buildings | 22 | €455,160 | €442,456 | -€12,704 | -2.8% |
| Current assets | 29/58 | €126,568 | €168,668 | +€42,100 | +33.3% |
| Amounts receivable within one year | 40/41 | €18,465 | €18,223 | -€242 | -1.3% |
| Trade receivables | 40 | €242 | - | -€242 | |
| Other amounts receivable | 41 | €18,223 | €18,223 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €108,075 | €147,737 | +€39,662 | +36.7% |
| Deferred charges and accrued income | 490/1 | €28 | €2,708 | +€2,680 | +9620.1% |
| Total equity and liabilities | 10/49 | €581,728 | €611,124 | +€29,395 | +5.1% |
| Equity | 10/15 | €429,018 | €453,378 | +€24,359 | +5.7% |
| Contributions | 10/11 | €288,721 | €288,721 | = | 0.0% |
| Reserves | 13 | €131,883 | €156,242 | +€24,359 | +18.5% |
| Tax-exempt reserves | 132 | €56,410 | €52,202 | -€4,208 | -7.5% |
| Distributable reserves | 133 | €75,473 | €104,040 | +€28,568 | +37.9% |
| Profit (loss) carried forward | 14 | €8,414 | €8,414 | = | 0.0% |
| Provisions and deferred taxes | 16 | €18,803 | €17,401 | -€1,403 | -7.5% |
| Deferred taxes | 168 | €18,803 | €17,401 | -€1,403 | -7.5% |
| Amounts payable | 17/49 | €133,906 | €140,345 | +€6,439 | +4.8% |
| Amounts payable after more than one year | 17 | €640 | €640 | = | 0.0% |
| Other amounts payable | 178/9 | €640 | €640 | = | 0.0% |
| Amounts payable within one year | 42/48 | €133,266 | €139,705 | +€6,439 | +4.8% |
| Trade debts | 44 | - | €716 | +€716 | |
| Suppliers | 440/4 | - | €716 | +€716 | |
| Taxes, remuneration and social security | 45 | €19,655 | €25,378 | +€5,723 | +29.1% |
| Taxes | 450/3 | €19,655 | €25,378 | +€5,723 | +29.1% |
| Other amounts payable | 47/48 | €113,611 | €113,611 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €22,454 | €21,692 | -€762 | -3.4% |
| Other operating charges | 640/8 | €7,004 | €7,225 | +€221 | +3.2% |
| Gross operating margin | 9900 | €57,176 | €66,218 | +€9,042 | +15.8% |
| Operating profit (loss) | 9901 | €27,718 | €37,300 | +€9,583 | +34.6% |
| Financial charges | 65/66B | €100 | €48 | -€52 | -51.9% |
| Recurring financial charges | 65 | €100 | €48 | -€52 | -51.9% |
| Profit (loss) for the period before taxes | 9903 | €27,618 | €37,252 | +€9,635 | +34.9% |
| Transfer from deferred taxes | 780 | €1,403 | €1,403 | = | 0.0% |
| Income taxes | 67/77 | €11,083 | €14,296 | +€3,213 | +29.0% |
| Profit (loss) for the period | 9904 | €17,938 | €24,359 | +€6,421 | +35.8% |
| Transfer from tax-exempt reserves | 789 | €4,208 | €4,208 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | €22,146 | €28,568 | +€6,421 | +29.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.