7th Phoenix: what changed
Two fiscal 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.
7th Phoenix
Largest movements
- Current investments +€50,000
new in 2025: €50,000
- Cash +€15,303
up €15,303 (+27.1%), from €56,499 to €71,802
mainly Net result for the year (+€64,716) and Tax, wage and social debts (+€4,237)
- Tangible fixed assets +€2,427
up €2,427 (+317.4%), from €765 to €3,192
- Receivables within one year +€1,955
up €1,955 (+13.9%), from €14,081 to €16,036
of which Trade receivables: +€5,248
- Profit (loss) carried forward +€64,716
up €64,716 (+108.6%), from €59,604 to €124,320
- Tax, wage and social debts +€4,237
up €4,237 (+59.1%), from €7,173 to €11,410
- Gross operating margin +€6,465
up €6,465 (+8.4%), from €77,333 to €83,797
- Taxes +€1,385
up €1,385 (+9.1%), from €15,164 to €16,548
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.
Cash bridge derived
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 | €73,194 | €143,016 | +€69,822 | +95.4% |
| Fixed assets | 21/28 | €765 | €3,192 | +€2,427 | +317.4% |
| Tangible fixed assets | 22/27 | €765 | €3,192 | +€2,427 | +317.4% |
| Furniture and vehicles | 24 | €765 | €3,192 | +€2,427 | +317.4% |
| Current assets | 29/58 | €72,429 | €139,824 | +€67,395 | +93.0% |
| Amounts receivable within one year | 40/41 | €14,081 | €16,036 | +€1,955 | +13.9% |
| Trade receivables | 40 | €10,745 | €15,993 | +€5,248 | +48.8% |
| Other amounts receivable | 41 | €3,336 | €43 | -€3,293 | -98.7% |
| Current investments | 50/53 | - | €50,000 | +€50,000 | |
| Cash at bank and in hand | 54/58 | €56,499 | €71,802 | +€15,303 | +27.1% |
| Deferred charges and accrued income | 490/1 | €1,849 | €1,986 | +€136 | +7.4% |
| Total equity and liabilities | 10/49 | €73,194 | €143,016 | +€69,822 | +95.4% |
| Equity | 10/15 | €62,604 | €127,320 | +€64,716 | +103.4% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Capital | 10 | €3,000 | €3,000 | = | 0.0% |
| Issued capital | 100 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €59,604 | €124,320 | +€64,716 | +108.6% |
| Amounts payable | 17/49 | €10,590 | €15,696 | +€5,106 | +48.2% |
| Amounts payable within one year | 42/48 | €10,590 | €15,696 | +€5,106 | +48.2% |
| Trade debts | 44 | €3,309 | €4,178 | +€869 | +26.3% |
| Suppliers | 440/4 | €3,309 | €4,178 | +€869 | +26.3% |
| Taxes, remuneration and social security | 45 | €7,173 | €11,410 | +€4,237 | +59.1% |
| Taxes | 450/3 | €7,173 | €11,410 | +€4,237 | +59.1% |
| Other amounts payable | 47/48 | €108 | €108 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €123 | €563 | +€440 | +358.5% |
| Other operating charges | 640/8 | - | €198 | +€198 | |
| Gross operating margin | 9900 | €77,333 | €83,797 | +€6,465 | +8.4% |
| Operating profit (loss) | 9901 | €77,210 | €83,037 | +€5,827 | +7.5% |
| Financial income | 75/76B | €2 | €21 | +€20 | +1168.0% |
| Recurring financial income | 75 | €2 | €21 | +€20 | +1168.0% |
| Financial charges | 65/66B | €2,444 | €1,794 | -€650 | -26.6% |
| Recurring financial charges | 65 | €2,444 | €1,794 | -€650 | -26.6% |
| Profit (loss) for the period before taxes | 9903 | €74,768 | €81,264 | +€6,496 | +8.7% |
| Income taxes | 67/77 | €15,164 | €16,548 | +€1,385 | +9.1% |
| Profit (loss) for the period | 9904 | €59,604 | €64,716 | +€5,112 | +8.6% |
| Profit (loss) for the period to be appropriated | 9905 | €59,604 | €64,716 | +€5,112 | +8.6% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.