PHLIPS: 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.
PHLIPS
Largest movements
- Tangible fixed assets -€6,103
down €6,103 (-16.8%), from €36,415 to €30,312
of which Furniture and vehicles: -€3,617
- Cash -€5,727
down €5,727 (-29.1%), from €19,689 to €13,962
mainly Other debts (-€9,474) and Investment in fixed assets (net) (-€8,000)
- Receivables within one year -€3,316
down €3,316 (-34.3%), from €9,659 to €6,343
of which Other amounts receivable: -€2,000
- Deferred charges and accrued income -€1,520
no longer reported in 2025 (was €1,520)
- Other debts -€9,474
down €9,474 (-32.3%), from €29,297 to €19,823
- Profit (loss) carried forward -€6,206
down €6,206 (-47.7%), from -€13,024 to -€19,230
- Trade debts -€1,437
down €1,437 (-72.7%), from €1,975 to €539
- Gross operating margin -€6,679
down €6,679 (-42.0%), from €15,889 to €9,210
- Depreciation -€4,795
down €4,795 (-25.4%), from €18,898 to €14,103
- Financial charges -€925
down €925 (-92.7%), from €998 to €73
- Other operating charges +€210
up €210 (+20.0%), from €1,047 to €1,256
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 | €67,283 | €50,617 | -€16,666 | -24.8% |
| Fixed assets | 21/28 | €36,415 | €30,312 | -€6,103 | -16.8% |
| Tangible fixed assets | 22/27 | €36,415 | €30,312 | -€6,103 | -16.8% |
| Plant, machinery and equipment | 23 | €7,375 | €5,143 | -€2,232 | -30.3% |
| Furniture and vehicles | 24 | €28,532 | €24,915 | -€3,617 | -12.7% |
| Other tangible fixed assets | 26 | €507 | €254 | -€254 | -50.0% |
| Current assets | 29/58 | €30,868 | €20,305 | -€10,563 | -34.2% |
| Amounts receivable within one year | 40/41 | €9,659 | €6,343 | -€3,316 | -34.3% |
| Trade receivables | 40 | €7,659 | €6,343 | -€1,316 | -17.2% |
| Other amounts receivable | 41 | €2,000 | - | -€2,000 | |
| Cash at bank and in hand | 54/58 | €19,689 | €13,962 | -€5,727 | -29.1% |
| Deferred charges and accrued income | 490/1 | €1,520 | - | -€1,520 | |
| Total equity and liabilities | 10/49 | €67,283 | €50,617 | -€16,666 | -24.8% |
| Equity | 10/15 | €33,988 | €27,782 | -€6,206 | -18.3% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €40,812 | €40,812 | = | 0.0% |
| Distributable reserves | 133 | €40,812 | €40,812 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,024 | -€19,230 | -€6,206 | -47.7% |
| Amounts payable | 17/49 | €33,295 | €22,835 | -€10,460 | -31.4% |
| Amounts payable within one year | 42/48 | €32,364 | €21,904 | -€10,460 | -32.3% |
| Trade debts | 44 | €1,975 | €539 | -€1,437 | -72.7% |
| Suppliers | 440/4 | €1,975 | €539 | -€1,437 | -72.7% |
| Taxes, remuneration and social security | 45 | €1,092 | €1,543 | +€451 | +41.3% |
| Taxes | 450/3 | €1,092 | €1,543 | +€451 | +41.3% |
| Other amounts payable | 47/48 | €29,297 | €19,823 | -€9,474 | -32.3% |
| Accrued charges and deferred income | 492/3 | €931 | €931 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €18,898 | €14,103 | -€4,795 | -25.4% |
| Other operating charges | 640/8 | €1,047 | €1,256 | +€210 | +20.0% |
| Gross operating margin | 9900 | €15,889 | €9,210 | -€6,679 | -42.0% |
| Operating profit (loss) | 9901 | -€4,056 | -€6,149 | -€2,093 | -51.6% |
| Financial income | 75/76B | €6 | €15 | +€9 | +147.6% |
| Recurring financial income | 75 | €6 | €15 | +€9 | +147.6% |
| Financial charges | 65/66B | €998 | €73 | -€925 | -92.7% |
| Recurring financial charges | 65 | €998 | €73 | -€925 | -92.7% |
| Profit (loss) for the period before taxes | 9903 | -€5,048 | -€6,206 | -€1,159 | -23.0% |
| Profit (loss) for the period | 9904 | -€5,048 | -€6,206 | -€1,159 | -23.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€5,048 | -€6,206 | -€1,159 | -23.0% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.