ROEL PHILIPPETH: 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.
ROEL PHILIPPETH
Largest movements
- Cash +€8,441
up €8,441 (+351,718%), from €2 to €8,444
mainly Net result for the year (+€11,149) and Tax, wage and social debts (+€2,234)
- Receivables within one year +€4,454
up €4,454 (+1,320%), from €337 to €4,792
of which Trade receivables: +€4,792
- Profit (loss) carried forward +€11,149
up €11,149 (+64.4%), from -€17,321 to -€6,171
- Tax, wage and social debts +€2,234
new in 2025: €2,234
- Other debts -€445
down €445 (-4.0%), from €11,250 to €10,804
- Gross operating margin +€13,253
up €13,253, from -€2,074 to €11,179
- Other operating charges -€384
no longer reported in 2025 (was €384)
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 | €340 | €13,235 | +€12,895 | +3,794% |
| Current assets | 29/58 | €340 | €13,235 | +€12,895 | +3,794% |
| Amounts receivable within one year | 40/41 | €337 | €4,792 | +€4,454 | +1,320% |
| Trade receivables | 40 | - | €4,792 | +€4,792 | |
| Other amounts receivable | 41 | €337 | - | -€337 | |
| Cash at bank and in hand | 54/58 | €2 | €8,444 | +€8,441 | +351,718% |
| Total equity and liabilities | 10/49 | €340 | €13,235 | +€12,895 | +3,794% |
| Equity | 10/15 | -€11,121 | €29 | +€11,149 | |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€17,321 | -€6,171 | +€11,149 | +64.4% |
| Amounts payable | 17/49 | €11,461 | €13,207 | +€1,746 | +15.2% |
| Amounts payable within one year | 42/48 | €11,461 | €13,207 | +€1,746 | +15.2% |
| Trade debts | 44 | €211 | €168 | -€43 | -20.3% |
| Suppliers | 440/4 | €211 | €168 | -€43 | -20.3% |
| Taxes, remuneration and social security | 45 | - | €2,234 | +€2,234 | |
| Taxes | 450/3 | - | €2,234 | +€2,234 | |
| Other amounts payable | 47/48 | €11,250 | €10,804 | -€445 | -4.0% |
| Other operating charges | 640/8 | €384 | - | -€384 | |
| Gross operating margin | 9900 | -€2,074 | €11,179 | +€13,253 | |
| Operating profit (loss) | 9901 | -€2,458 | €11,179 | +€13,637 | |
| Financial charges | 65/66B | €30 | €30 | = | 0.0% |
| Recurring financial charges | 65 | €30 | €30 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | -€2,488 | €11,149 | +€13,637 | |
| Profit (loss) for the period | 9904 | -€2,488 | €11,149 | +€13,637 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,488 | €11,149 | +€13,637 |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.