AT PHYSIO: 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.
AT PHYSIO
Largest movements
- Tangible fixed assets +€20,902
up €20,902 (+52.6%), from €39,771 to €60,673
of which Land and buildings: +€34,169
- Cash -€11,078
down €11,078 (-76.4%), from €14,497 to €3,420
mainly Investment in fixed assets (net) (-€34,437) and Other debts (-€5,949)
- Receivables within one year +€2,670
up €2,670 (+17.8%), from €15,000 to €17,670
of which Trade receivables: +€2,670
- Debts after one year +€12,960
up €12,960 (+88.0%), from €14,735 to €27,695
- Other debts -€5,949
down €5,949 (-43.5%), from €13,671 to €7,721
- Current portion of long-term debt +€5,612
up €5,612 (+65.5%), from €8,572 to €14,183
- Reserves +€2,000
up €2,000 (+8.0%), from €25,000 to €27,000
- Tax, wage and social debts -€1,805
down €1,805 (-47.8%), from €3,774 to €1,969
- Gross operating margin -€11,533
down €11,533 (-38.3%), from €30,107 to €18,574
- Other operating charges -€6,633
down €6,633 (-98.5%), from €6,734 to €101
- Depreciation +€4,158
up €4,158 (+44.3%), from €9,377 to €13,535
- Taxes -€1,592
down €1,592 (-47.6%), from €3,348 to €1,756
- Financial charges +€711
up €711 (+169.9%), from €418 to €1,129
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 | €69,957 | €81,968 | +€12,011 | +17.2% |
| Fixed assets | 21/28 | €39,771 | €60,673 | +€20,902 | +52.6% |
| Tangible fixed assets | 22/27 | €39,771 | €60,673 | +€20,902 | +52.6% |
| Land and buildings | 22 | - | €34,169 | +€34,169 | |
| Furniture and vehicles | 24 | €39,771 | €26,504 | -€13,266 | -33.4% |
| Current assets | 29/58 | €30,186 | €21,295 | -€8,891 | -29.5% |
| Amounts receivable within one year | 40/41 | €15,000 | €17,670 | +€2,670 | +17.8% |
| Trade receivables | 40 | - | €2,670 | +€2,670 | |
| Other amounts receivable | 41 | €15,000 | €15,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €14,497 | €3,420 | -€11,078 | -76.4% |
| Deferred charges and accrued income | 490/1 | €688 | €205 | -€483 | -70.2% |
| Total equity and liabilities | 10/49 | €69,957 | €81,968 | +€12,011 | +17.2% |
| Equity | 10/15 | €28,274 | €30,328 | +€2,055 | +7.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Contributions outside capital | 11 | €3,000 | €3,000 | = | 0.0% |
| Other | 1109/19 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €25,000 | €27,000 | +€2,000 | +8.0% |
| Distributable reserves | 133 | €25,000 | €27,000 | +€2,000 | +8.0% |
| Profit (loss) carried forward | 14 | €274 | €328 | +€55 | +20.0% |
| Amounts payable | 17/49 | €41,683 | €51,639 | +€9,956 | +23.9% |
| Amounts payable after more than one year | 17 | €14,735 | €27,695 | +€12,960 | +88.0% |
| Financial debts | 170/4 | €14,735 | €27,695 | +€12,960 | +88.0% |
| Amounts payable within one year | 42/48 | €26,948 | €23,945 | -€3,004 | -11.1% |
| Current portion of amounts payable after more than one year | 42 | €8,572 | €14,183 | +€5,612 | +65.5% |
| Financial debts | 43 | €157 | - | -€157 | |
| Credit institutions | 430/8 | €157 | - | -€157 | |
| Trade debts | 44 | €776 | €72 | -€704 | -90.8% |
| Suppliers | 440/4 | €776 | €72 | -€704 | -90.8% |
| Taxes, remuneration and social security | 45 | €3,774 | €1,969 | -€1,805 | -47.8% |
| Taxes | 450/3 | €3,774 | €1,969 | -€1,805 | -47.8% |
| Other amounts payable | 47/48 | €13,671 | €7,721 | -€5,949 | -43.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €9,377 | €13,535 | +€4,158 | +44.3% |
| Other operating charges | 640/8 | €6,734 | €101 | -€6,633 | -98.5% |
| Non-recurring operating charges | 66A | €2,062 | - | -€2,062 | |
| Gross operating margin | 9900 | €30,107 | €18,574 | -€11,533 | -38.3% |
| Operating profit (loss) | 9901 | €11,934 | €4,937 | -€6,997 | -58.6% |
| Financial income | 75/76B | - | €2 | +€2 | |
| Recurring financial income | 75 | - | €2 | +€2 | |
| Financial charges | 65/66B | €418 | €1,129 | +€711 | +169.9% |
| Recurring financial charges | 65 | €418 | €1,129 | +€711 | +169.9% |
| Profit (loss) for the period before taxes | 9903 | €11,516 | €3,810 | -€7,706 | -66.9% |
| Income taxes | 67/77 | €3,348 | €1,756 | -€1,592 | -47.6% |
| Profit (loss) for the period | 9904 | €8,168 | €2,055 | -€6,113 | -74.8% |
| Profit (loss) for the period to be appropriated | 9905 | €8,168 | €2,055 | -€6,113 | -74.8% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 12 October 2026 via checked.be.