2025 Audited Financial Statement
Philea Balance Sheet
ASSETS (€) | 2024 | 2025 |
|---|---|---|
Fixed assets | 1,451,361.49 | 1,333,412.54 |
Cash at bank | 2,625,511.11 | 3,546,906.38 |
Receivables | 1,977,323.41 | 1,982,288.09 |
Other assets | 144,562.24 | 119,322.47 |
TOTAL ASSETS | 6,198,758.25 | 6,981,929.48 |
EQUITY AND LIABILITIES (€) | 2024 | 2025 |
|---|---|---|
Initial capital/assets | 923,275.00 | 923,275.00 |
Reserves | 2,159,799.45 | 2,159,799.45 |
Cumulative carry-over | 724,323.90 | 1,062,988.10 |
Liabilities | 792,003.55 | 922,583.24 |
Deferred income | 1,599,356.35 | 1,913,283.69 |
TOTAL LIABILITIES | 6,198,758.25 | 6.981.929.48 |
INCOME AND EXPENDITURE (€) | 2024 | 2025 |
|---|---|---|
Total income | 5,940,085 | 6,183,398 |
Income from projects | 1,880,967 | 2,291,826 |
Core support | 1,793,224 | 1,130,891 |
Membership fees | 1,481,835 | 1,919,759 |
Other | 784,059 | 840,923 |
Total expenditure | 5,099,407 | 5,524,441 |
Network project costs | 696,772 | 675,928 |
Staff salaries | 3,061,828 | 3,279,433 |
Operating and core projects costs | 1,340,806 | 1,569,081 |
Net Profit/(Loss) | 840,678 | 658,957 |
Network carryover | (172,731) | (320,293) |
Total result Profit/(Loss) | 667,947 | 338,664 |