Philypain: 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.
Philypain
Largest movements
- Cash -€16,685
down €16,685 (-16.7%), from €99,879 to €83,194
mainly Other debts (-€27,036) and Debts after one year (-€14,422)
- Tangible fixed assets -€12,142
down €12,142 (-6.4%), from €188,753 to €176,610
of which Furniture and vehicles: -€6,376
- Reserves +€128,352
up €128,352 (+6,901%), from €1,860 to €130,212
- Profit (loss) carried forward -€121,398
no longer reported in 2025 (was €121,398)
- Other debts -€27,036
down €27,036 (-74.8%), from €36,148 to €9,112
- Debts after one year -€14,422
down €14,422 (-12.5%), from €115,246 to €100,824
- Gross operating margin +€10,338
up €10,338 (+76.8%), from €13,455 to €23,793
- Depreciation -€1,876
down €1,876 (-13.4%), from €14,019 to €12,142
- Taxes +€338
new in 2025: €338
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 | €309,138 | €275,415 | -€33,724 | -10.9% |
| Fixed assets | 21/28 | €188,753 | €176,610 | -€12,142 | -6.4% |
| Tangible fixed assets | 22/27 | €188,753 | €176,610 | -€12,142 | -6.4% |
| Land and buildings | 22 | €182,377 | €176,610 | -€5,767 | -3.2% |
| Furniture and vehicles | 24 | €6,376 | - | -€6,376 | |
| Current assets | 29/58 | €120,386 | €98,804 | -€21,581 | -17.9% |
| Amounts receivable within one year | 40/41 | €17,327 | €15,024 | -€2,303 | -13.3% |
| Trade receivables | 40 | €6,953 | €6,953 | = | 0.0% |
| Other amounts receivable | 41 | €10,374 | €8,071 | -€2,303 | -22.2% |
| Cash at bank and in hand | 54/58 | €99,879 | €83,194 | -€16,685 | -16.7% |
| Deferred charges and accrued income | 490/1 | €3,180 | €587 | -€2,593 | -81.5% |
| Total equity and liabilities | 10/49 | €309,138 | €275,415 | -€33,724 | -10.9% |
| Equity | 10/15 | €141,858 | €148,812 | +€6,954 | +4.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €130,212 | +€128,352 | +6,901% |
| Distributable reserves | 133 | €1,860 | €130,212 | +€128,352 | +6,901% |
| Profit (loss) carried forward | 14 | €121,398 | - | -€121,398 | |
| Amounts payable | 17/49 | €167,281 | €126,603 | -€40,678 | -24.3% |
| Amounts payable after more than one year | 17 | €115,246 | €100,824 | -€14,422 | -12.5% |
| Financial debts | 170/4 | €115,246 | €100,824 | -€14,422 | -12.5% |
| Amounts payable within one year | 42/48 | €52,034 | €25,778 | -€26,256 | -50.5% |
| Current portion of amounts payable after more than one year | 42 | €14,147 | €14,422 | +€275 | +1.9% |
| Trade debts | 44 | €540 | €1,181 | +€641 | +119% |
| Suppliers | 440/4 | €540 | €1,181 | +€641 | +119% |
| Taxes, remuneration and social security | 45 | €1,199 | €1,063 | -€135 | -11.3% |
| Taxes | 450/3 | €1,199 | €1,063 | -€135 | -11.3% |
| Other amounts payable | 47/48 | €36,148 | €9,112 | -€27,036 | -74.8% |
| Accrued charges and deferred income | 492/3 | €0 | - | -€0 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,019 | €12,142 | -€1,876 | -13.4% |
| Other operating charges | 640/8 | €1,734 | €1,785 | +€51 | +2.9% |
| Gross operating margin | 9900 | €13,455 | €23,793 | +€10,338 | +76.8% |
| Operating profit (loss) | 9901 | -€2,298 | €9,866 | +€12,163 | |
| Financial income | 75/76B | - | €100 | +€100 | |
| Recurring financial income | 75 | - | €100 | +€100 | |
| Financial charges | 65/66B | €2,908 | €2,674 | -€234 | -8.1% |
| Recurring financial charges | 65 | €2,908 | €2,674 | -€234 | -8.1% |
| Profit (loss) for the period before taxes | 9903 | -€5,206 | €7,292 | +€12,498 | |
| Income taxes | 67/77 | - | €338 | +€338 | |
| Profit (loss) for the period | 9904 | -€5,206 | €6,954 | +€12,160 | |
| Profit (loss) for the period to be appropriated | 9905 | -€5,206 | €6,954 | +€12,160 |
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 14 October 2026 via checked.be.