SRL Philippe REMACLE: 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.
SRL Philippe REMACLE
Largest movements
- Receivables within one year -€46,725
down €46,725 (-8.6%), from €545,758 to €499,034
of which Other amounts receivable: -€34,378
- Cash +€30,848
up €30,848 (+78.4%), from €39,366 to €70,214
mainly Receivables within one year (+€46,725) and Trade debts (+€39,734)
- Tangible fixed assets -€28,812
down €28,812 (-34.3%), from €83,940 to €55,128
of which Furniture and vehicles: -€18,407
- Reserves +€161,170
up €161,170 (+53.4%), from €301,873 to €463,043
of which Distributable reserves: +€163,649
- Profit (loss) carried forward -€139,088
down €139,088 (-100%), from €139,088 to €0
- Other debts -€81,348
down €81,348 (-89.2%), from €91,179 to €9,831
- Trade debts +€39,734
up €39,734 (+167%), from €23,830 to €63,563
- Debts after one year -€16,734
down €16,734 (-50.1%), from €33,396 to €16,662
- Staff costs -€23,143
down €23,143 (-19.5%), from €118,411 to €95,268
- Taxes +€5,726
up €5,726 (+128%), from €4,488 to €10,214
- Gross operating margin -€5,499
down €5,499 (-3.8%), from €143,697 to €138,198
- Financial income +€3,698
up €3,698 (+14.5%), from €25,477 to €29,175
- Depreciation +€2,397
up €2,397 (+8.0%), from €30,128 to €32,525
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €672,550 | €629,000 | -€43,550 | -6.5% |
| Fixed assets | 21/28 | €86,713 | €57,901 | -€28,812 | -33.2% |
| Tangible fixed assets | 22/27 | €83,940 | €55,128 | -€28,812 | -34.3% |
| Plant, machinery and equipment | 23 | €30,796 | €20,391 | -€10,405 | -33.8% |
| Furniture and vehicles | 24 | €53,144 | €34,736 | -€18,407 | -34.6% |
| Financial fixed assets | 28 | €2,774 | €2,774 | = | 0.0% |
| Current assets | 29/58 | €585,836 | €571,099 | -€14,738 | -2.5% |
| Amounts receivable within one year | 40/41 | €545,758 | €499,034 | -€46,725 | -8.6% |
| Trade receivables | 40 | €46,648 | €34,301 | -€12,347 | -26.5% |
| Other amounts receivable | 41 | €499,110 | €464,733 | -€34,378 | -6.9% |
| Cash at bank and in hand | 54/58 | €39,366 | €70,214 | +€30,848 | +78.4% |
| Deferred charges and accrued income | 490/1 | €713 | €1,852 | +€1,139 | +160% |
| Total equity and liabilities | 10/49 | €672,550 | €629,000 | -€43,550 | -6.5% |
| Equity | 10/15 | €465,751 | €490,311 | +€24,560 | +5.3% |
| Contributions | 10/11 | €24,789 | €27,268 | +€2,479 | +10.0% |
| Reserves | 13 | €301,873 | €463,043 | +€161,170 | +53.4% |
| Non-distributable reserves | 130/1 | €2,479 | €0 | -€2,479 | -100% |
| Reserves not available under the articles | 1311 | €2,479 | €0 | -€2,479 | -100% |
| Tax-exempt reserves | 132 | €13,341 | €13,341 | = | 0.0% |
| Distributable reserves | 133 | €286,053 | €449,702 | +€163,649 | +57.2% |
| Profit (loss) carried forward | 14 | €139,088 | €0 | -€139,088 | -100% |
| Amounts payable | 17/49 | €206,799 | €138,689 | -€68,110 | -32.9% |
| Amounts payable after more than one year | 17 | €33,396 | €16,662 | -€16,734 | -50.1% |
| Financial debts | 170/4 | €33,396 | €16,662 | -€16,734 | -50.1% |
| Amounts payable within one year | 42/48 | €170,148 | €121,611 | -€48,538 | -28.5% |
| Current portion of amounts payable after more than one year | 42 | €24,818 | €16,734 | -€8,083 | -32.6% |
| Trade debts | 44 | €23,830 | €63,563 | +€39,734 | +167% |
| Suppliers | 440/4 | €23,830 | €63,563 | +€39,734 | +167% |
| Taxes, remuneration and social security | 45 | €30,322 | €31,483 | +€1,161 | +3.8% |
| Taxes | 450/3 | €29,193 | €25,168 | -€4,025 | -13.8% |
| Remuneration and social security | 454/9 | €1,129 | €6,314 | +€5,186 | +460% |
| Other amounts payable | 47/48 | €91,179 | €9,831 | -€81,348 | -89.2% |
| Accrued charges and deferred income | 492/3 | €3,254 | €416 | -€2,838 | -87.2% |
| Remuneration, social security and pensions | 62 | €118,411 | €95,268 | -€23,143 | -19.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €30,128 | €32,525 | +€2,397 | +8.0% |
| Other operating charges | 640/8 | €3,164 | €2,118 | -€1,047 | -33.1% |
| Gross operating margin | 9900 | €143,697 | €138,198 | -€5,499 | -3.8% |
| Operating profit (loss) | 9901 | -€8,006 | €8,288 | +€16,293 | |
| Financial income | 75/76B | €25,477 | €29,175 | +€3,698 | +14.5% |
| Recurring financial income | 75 | €25,477 | €29,175 | +€3,698 | +14.5% |
| Financial charges | 65/66B | €4,056 | €2,688 | -€1,368 | -33.7% |
| Recurring financial charges | 65 | €2,475 | €2,688 | +€213 | +8.6% |
| Non-recurring financial charges | 66B | €1,581 | €0 | -€1,581 | -100% |
| Profit (loss) for the period before taxes | 9903 | €13,416 | €34,775 | +€21,359 | +159% |
| Income taxes | 67/77 | €4,488 | €10,214 | +€5,726 | +128% |
| Profit (loss) for the period | 9904 | €8,927 | €24,560 | +€15,633 | +175% |
| Profit (loss) for the period to be appropriated | 9905 | €8,927 | €24,560 | +€15,633 | +175% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.