Philemon: what changed
Philemon
Largest movements
- Cash +€361,483
up €361,483 (+231%), from €156,767 to €518,250
mainly Current investments (+€234,576) and Net result for the year (+€167,558)
- Current investments -€234,576
down €234,576 (-76.4%), from €307,000 to €72,424
- Deferred charges and accrued income -€57,103
down €57,103 (-46.2%), from €123,526 to €66,424
- Tangible fixed assets -€27,526
down €27,526 (-12.2%), from €226,327 to €198,801
of which Land and buildings: -€26,809
- Receivables within one year +€12,092
up €12,092 (+674%), from €1,793 to €13,885
of which Other amounts receivable: +€9,544
- Reserves +€66,163
up €66,163 (+8.5%), from €782,695 to €848,858
- Tax, wage and social debts -€14,792
down €14,792 (-85.0%), from €17,400 to €2,608
of which Taxes: -€14,792
- Gross operating margin -€33,885
down €33,885 (-11.3%), from €298,656 to €264,771
- Financial income +€7,974
up €7,974 (+16,527%), from €48 to €8,022
- Taxes -€7,074
down €7,074 (-8.9%), from €79,792 to €72,717
- Financial charges -€3,439
down €3,439 (-97.5%), from €3,528 to €89
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €815,413 | €869,783 | +€54,369 | +6.7% |
| Fixed assets | 21/28 | €226,327 | €198,801 | -€27,526 | -12.2% |
| Tangible fixed assets | 22/27 | €226,327 | €198,801 | -€27,526 | -12.2% |
| Land and buildings | 22 | €209,353 | €182,543 | -€26,809 | -12.8% |
| Plant, machinery and equipment | 23 | €1,557 | €566 | -€991 | -63.6% |
| Furniture and vehicles | 24 | €156 | €1,876 | +€1,721 | +1,106% |
| Other tangible fixed assets | 26 | €15,261 | €13,815 | -€1,447 | -9.5% |
| Current assets | 29/58 | €589,087 | €670,982 | +€81,896 | +13.9% |
| Amounts receivable within one year | 40/41 | €1,793 | €13,885 | +€12,092 | +674% |
| Trade receivables | 40 | €1,311 | €3,858 | +€2,548 | +194% |
| Other amounts receivable | 41 | €482 | €10,026 | +€9,544 | +1,980% |
| Current investments | 50/53 | €307,000 | €72,424 | -€234,576 | -76.4% |
| Cash at bank and in hand | 54/58 | €156,767 | €518,250 | +€361,483 | +231% |
| Deferred charges and accrued income | 490/1 | €123,526 | €66,424 | -€57,103 | -46.2% |
| Total equity and liabilities | 10/49 | €815,413 | €869,783 | +€54,369 | +6.7% |
| Equity | 10/15 | €796,955 | €863,118 | +€66,163 | +8.3% |
| Contributions | 10/11 | €14,260 | €14,260 | = | 0.0% |
| Reserves | 13 | €782,695 | €848,858 | +€66,163 | +8.5% |
| Distributable reserves | 133 | €782,695 | €848,858 | +€66,163 | +8.5% |
| Amounts payable | 17/49 | €18,458 | €6,664 | -€11,794 | -63.9% |
| Amounts payable within one year | 42/48 | €18,458 | €3,041 | -€15,417 | -83.5% |
| Trade debts | 44 | €1,058 | €433 | -€626 | -59.1% |
| Suppliers | 440/4 | €1,058 | €433 | -€626 | -59.1% |
| Taxes, remuneration and social security | 45 | €17,400 | €2,608 | -€14,792 | -85.0% |
| Taxes | 450/3 | €14,792 | - | -€14,792 | |
| Remuneration and social security | 454/9 | €2,608 | €2,608 | = | 0.0% |
| Accrued charges and deferred income | 492/3 | - | €3,624 | +€3,624 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,698 | €29,868 | +€171 | +0.6% |
| Other operating charges | 640/8 | €2,744 | €2,561 | -€184 | -6.7% |
| Gross operating margin | 9900 | €298,656 | €264,771 | -€33,885 | -11.3% |
| Operating profit (loss) | 9901 | €266,214 | €232,342 | -€33,872 | -12.7% |
| Financial income | 75/76B | €48 | €8,022 | +€7,974 | +16,527% |
| Recurring financial income | 75 | €48 | €8,022 | +€7,974 | +16,527% |
| Financial charges | 65/66B | €3,528 | €89 | -€3,439 | -97.5% |
| Recurring financial charges | 65 | €3,528 | €89 | -€3,439 | -97.5% |
| Profit (loss) for the period before taxes | 9903 | €262,735 | €240,275 | -€22,460 | -8.5% |
| Income taxes | 67/77 | €79,792 | €72,717 | -€7,074 | -8.9% |
| Profit (loss) for the period | 9904 | €182,943 | €167,558 | -€15,385 | -8.4% |
| Profit (loss) for the period to be appropriated | 9905 | €182,943 | €167,558 | -€15,385 | -8.4% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 1 November 2026 via checked.be.