PHLYPO: what changed
What changed
PHLYPO
NACE 81.300, Landscape service activities
filed annual accounts (NBB)
Net result for the year
€440,822
2025 · €14,270+€426,552
Equity
€1.0m
2025 · €1.2m-€144,178
Cash
€1.1m
2025 · €1.3m-€191,931
Balance sheet total
€2.6m
2025 · €2.3m+€375,736
Largest movements
Assets
- Current investments +€500,000
new in 2026: €500,000
- Cash -€191,931
down €191,931 (-15.1%), from €1.3m to €1.1m
mainly Contributions, distributions and other (-€585,000) and Current investments (-€500,000)
- Receivables within one year +€167,604
up €167,604 (+82.1%), from €204,193 to €371,797
of which Trade receivables: +€185,019
- Receivables after one year -€102,438
down €102,438 (-49.4%), from €207,436 to €104,998
Equity and liabilities
- Other debts +€451,095
up €451,095 (+337%), from €133,905 to €585,000
- Reserves -€144,912
down €144,912 (-12.9%), from €1.1m to €975,285
of which Distributable reserves: -€136,000
- Tax, wage and social debts +€53,922
up €53,922 (+94.9%), from €56,844 to €110,766
of which Taxes: +€50,033
Income statement
- Gross operating margin +€562,356
up €562,356 (+117%), from €481,626 to €1.0m
- Taxes +€78,949
up €78,949 (+322%), from €24,509 to €103,458
- Staff costs +€40,054
up €40,054 (+13.3%), from €301,679 to €341,733
Change in the result, 2025 to 2026
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2025
€14,270
Gross operating margin
+€562,356
Staff costs
-€40,054
Depreciation
-€10,127
Other operating charges
-€5,428
Financial income
-€1,733
Financial charges
+€1,507
Taxes
-€78,949
Deferred taxes and other
-€1,020
Result 2026
€440,822
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2025 and 2026 balance sheets and the 2026 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€1.1m
Investment
-€659,486
Financing
-€595,826
Cash 2025
€1.3m
From operations (derived)
+€1.1m
Net result for the year
+€440,822
Depreciation
+€154,433
Receivables after one year
+€102,438
Stocks and contracts
+€2,769
Receivables within one year
-€167,604
Deferred charges and accrued income
-€217
Provisions
-€2,971
Trade debts
+€18,694
Tax, wage and social debts
+€53,922
Other debts
+€451,095
Accrued charges and deferred income
+€10,000
Investment (derived)
-€659,486
Investment in fixed assets (net)
-€159,486
Current investments
-€500,000
Financing
-€595,826
Debts after one year
+€2,696
Current portion of long-term debt
-€13,522
Contributions, distributions and other
-€585,000
Cash 2026
€1.1m
brings cash intakes cash out
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,274,017 | €2,649,753 | +€375,736 | +16.5% |
| Fixed assets | 21/28 | €532,468 | €537,521 | +€5,053 | +0.9% |
| Tangible fixed assets | 22/27 | €532,198 | €537,251 | +€5,053 | +0.9% |
| Land and buildings | 22 | €104,446 | €97,199 | -€7,247 | -6.9% |
| Plant, machinery and equipment | 23 | €31,379 | €22,979 | -€8,399 | -26.8% |
| Furniture and vehicles | 24 | €284,817 | €303,494 | +€18,677 | +6.6% |
| Other tangible fixed assets | 26 | €111,556 | €113,578 | +€2,022 | +1.8% |
| Financial fixed assets | 28 | €270 | €270 | = | 0.0% |
| Current assets | 29/58 | €1,741,549 | €2,112,232 | +€370,683 | +21.3% |
| Amounts receivable after more than one year | 29 | €207,436 | €104,998 | -€102,438 | -49.4% |
| Other amounts receivable | 291 | €207,436 | €104,998 | -€102,438 | -49.4% |
| Stocks and contracts in progress | 3 | €56,292 | €53,523 | -€2,769 | -4.9% |
| Stocks | 30/36 | €45,410 | €36,958 | -€8,452 | -18.6% |
| Contracts in progress | 37 | €10,882 | €16,565 | +€5,683 | +52.2% |
| Amounts receivable within one year | 40/41 | €204,193 | €371,797 | +€167,604 | +82.1% |
| Trade receivables | 40 | €30,691 | €215,710 | +€185,019 | +603% |
| Other amounts receivable | 41 | €173,502 | €156,087 | -€17,415 | -10.0% |
| Current investments | 50/53 | - | €500,000 | +€500,000 | |
| Cash at bank and in hand | 54/58 | €1,272,239 | €1,080,308 | -€191,931 | -15.1% |
| Deferred charges and accrued income | 490/1 | €1,389 | €1,606 | +€217 | +15.6% |
| Total equity and liabilities | 10/49 | €2,274,017 | €2,649,753 | +€375,736 | +16.5% |
| Equity | 10/15 | €1,151,492 | €1,007,313 | -€144,178 | -12.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Revaluation surpluses | 12 | €4,106 | €4,106 | = | 0.0% |
| Reserves | 13 | €1,120,197 | €975,285 | -€144,912 | -12.9% |
| Tax-exempt reserves | 132 | €229,197 | €220,285 | -€8,912 | -3.9% |
| Distributable reserves | 133 | €891,000 | €755,000 | -€136,000 | -15.3% |
| Profit (loss) carried forward | 14 | €8,589 | €9,323 | +€734 | +8.5% |
| Provisions and deferred taxes | 16 | €76,315 | €73,345 | -€2,971 | -3.9% |
| Deferred taxes | 168 | €76,315 | €73,345 | -€2,971 | -3.9% |
| Amounts payable | 17/49 | €1,046,210 | €1,569,095 | +€522,885 | +50.0% |
| Amounts payable after more than one year | 17 | €160,481 | €163,177 | +€2,696 | +1.7% |
| Financial debts | 170/4 | €160,481 | €163,177 | +€2,696 | +1.7% |
| Amounts payable within one year | 42/48 | €735,729 | €1,245,918 | +€510,189 | +69.3% |
| Current portion of amounts payable after more than one year | 42 | €138,239 | €124,717 | -€13,522 | -9.8% |
| Trade debts | 44 | €406,741 | €425,435 | +€18,694 | +4.6% |
| Suppliers | 440/4 | €406,741 | €425,435 | +€18,694 | +4.6% |
| Taxes, remuneration and social security | 45 | €56,844 | €110,766 | +€53,922 | +94.9% |
| Taxes | 450/3 | €2,375 | €52,409 | +€50,033 | +2,107% |
| Remuneration and social security | 454/9 | €54,469 | €58,357 | +€3,889 | +7.1% |
| Other amounts payable | 47/48 | €133,905 | €585,000 | +€451,095 | +337% |
| Accrued charges and deferred income | 492/3 | €150,000 | €160,000 | +€10,000 | +6.7% |
| Remuneration, social security and pensions | 62 | €301,679 | €341,733 | +€40,054 | +13.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €144,306 | €154,433 | +€10,127 | +7.0% |
| Other operating charges | 640/8 | €7,981 | €13,409 | +€5,428 | +68.0% |
| Gross operating margin | 9900 | €481,626 | €1,043,982 | +€562,356 | +117% |
| Operating profit (loss) | 9901 | €27,660 | €534,407 | +€506,747 | +1,832% |
| Financial income | 75/76B | €16,947 | €15,214 | -€1,733 | -10.2% |
| Recurring financial income | 75 | €16,947 | €15,214 | -€1,733 | -10.2% |
| Financial charges | 65/66B | €9,818 | €8,311 | -€1,507 | -15.3% |
| Recurring financial charges | 65 | €9,818 | €8,311 | -€1,507 | -15.3% |
| Profit (loss) for the period before taxes | 9903 | €34,788 | €541,310 | +€506,521 | +1,456% |
| Transfer from deferred taxes | 780 | €3,991 | €2,971 | -€1,020 | -25.6% |
| Income taxes | 67/77 | €24,509 | €103,458 | +€78,949 | +322% |
| Profit (loss) for the period | 9904 | €14,270 | €440,822 | +€426,552 | +2,989% |
| Transfer from tax-exempt reserves | 789 | €11,972 | €8,912 | -€3,060 | -25.6% |
| Profit (loss) for the period to be appropriated | 9905 | €26,242 | €449,734 | +€423,492 | +1,614% |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 March 2025 and 31 March 2026. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.