Phlips Service: 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.
Phlips Service
Largest movements
- Cash +€13,479
up €13,479 (+174%), from €7,740 to €21,220
mainly Net result for the year (+€11,413) and Receivables within one year (+€3,061)
- Receivables within one year -€3,061
down €3,061 (-40.2%), from €7,609 to €4,548
of which Trade receivables: -€3,045
- Tangible fixed assets +€737
up €737 (+22.6%), from €3,265 to €4,003
- Profit (loss) carried forward +€11,413
up €11,413 (+96.3%), from €11,846 to €23,260
- Other debts +€2,000
new in 2025: €2,000
- Trade debts -€1,784
no longer reported in 2025 (was €1,784)
- Tax, wage and social debts -€474
down €474 (-15.9%), from €2,985 to €2,511
- Depreciation +€1,613
up €1,613 (+247%), from €653 to €2,266
- Gross operating margin +€1,599
up €1,599 (+10.3%), from €15,485 to €17,083
- Other operating charges +€520
new in 2025: €520
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 | €18,615 | €29,771 | +€11,156 | +59.9% |
| Fixed assets | 21/28 | €3,265 | €4,003 | +€737 | +22.6% |
| Tangible fixed assets | 22/27 | €3,265 | €4,003 | +€737 | +22.6% |
| Plant, machinery and equipment | 23 | €3,265 | €4,003 | +€737 | +22.6% |
| Current assets | 29/58 | €15,350 | €25,768 | +€10,418 | +67.9% |
| Amounts receivable within one year | 40/41 | €7,609 | €4,548 | -€3,061 | -40.2% |
| Trade receivables | 40 | €7,593 | €4,548 | -€3,045 | -40.1% |
| Other amounts receivable | 41 | €16 | - | -€16 | |
| Cash at bank and in hand | 54/58 | €7,740 | €21,220 | +€13,479 | +174% |
| Total equity and liabilities | 10/49 | €18,615 | €29,771 | +€11,156 | +59.9% |
| Equity | 10/15 | €13,846 | €25,260 | +€11,413 | +82.4% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €11,846 | €23,260 | +€11,413 | +96.3% |
| Amounts payable | 17/49 | €4,769 | €4,511 | -€258 | -5.4% |
| Amounts payable within one year | 42/48 | €4,769 | €4,511 | -€258 | -5.4% |
| Trade debts | 44 | €1,784 | - | -€1,784 | |
| Suppliers | 440/4 | €1,784 | - | -€1,784 | |
| Taxes, remuneration and social security | 45 | €2,985 | €2,511 | -€474 | -15.9% |
| Taxes | 450/3 | €2,985 | €2,511 | -€474 | -15.9% |
| Other amounts payable | 47/48 | - | €2,000 | +€2,000 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €653 | €2,266 | +€1,613 | +247% |
| Other operating charges | 640/8 | - | €520 | +€520 | |
| Gross operating margin | 9900 | €15,485 | €17,083 | +€1,599 | +10.3% |
| Operating profit (loss) | 9901 | €14,831 | €14,298 | -€534 | -3.6% |
| Financial charges | 65/66B | - | €31 | +€31 | |
| Recurring financial charges | 65 | - | €31 | +€31 | |
| Profit (loss) for the period before taxes | 9903 | €14,831 | €14,267 | -€565 | -3.8% |
| Income taxes | 67/77 | €2,985 | €2,853 | -€132 | -4.4% |
| Profit (loss) for the period | 9904 | €11,846 | €11,413 | -€433 | -3.7% |
| Profit (loss) for the period to be appropriated | 9905 | €11,846 | €11,413 | -€433 | -3.7% |
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 17 October 2026 via checked.be.