BSPhysio: 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.
BSPhysio
Largest movements
- Cash -€11,390
down €11,390 (-50.1%), from €22,731 to €11,341
mainly Contributions, distributions and other (-€16,839) and Net result for the year (-€8,406)
- Deferred charges and accrued income -€9,076
down €9,076 (-71.8%), from €12,638 to €3,562
- Reserves -€16,839
down €16,839 (-52.3%), from €32,225 to €15,386
- Profit (loss) carried forward -€8,406
new in 2025: -€8,406
- Other debts +€4,764
new in 2025: €4,764
- Gross operating margin -€19,210
down €19,210, from €11,192 to -€8,018
- Taxes -€2,913
no longer reported in 2025 (was €2,913)
- Depreciation -€616
down €616 (-76.7%), from €803 to €187
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 | €39,445 | €19,053 | -€20,392 | -51.7% |
| Fixed assets | 21/28 | €251 | €64 | -€187 | -74.6% |
| Tangible fixed assets | 22/27 | €187 | - | -€187 | |
| Furniture and vehicles | 24 | €187 | - | -€187 | |
| Financial fixed assets | 28 | €64 | €64 | = | 0.0% |
| Current assets | 29/58 | €39,195 | €18,989 | -€20,205 | -51.6% |
| Amounts receivable within one year | 40/41 | €3,825 | €4,087 | +€261 | +6.8% |
| Other amounts receivable | 41 | €3,825 | €4,087 | +€261 | +6.8% |
| Cash at bank and in hand | 54/58 | €22,731 | €11,341 | -€11,390 | -50.1% |
| Deferred charges and accrued income | 490/1 | €12,638 | €3,562 | -€9,076 | -71.8% |
| Total equity and liabilities | 10/49 | €39,445 | €19,053 | -€20,392 | -51.7% |
| Equity | 10/15 | €38,425 | €13,180 | -€25,245 | -65.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €32,225 | €15,386 | -€16,839 | -52.3% |
| Distributable reserves | 133 | €32,225 | €15,386 | -€16,839 | -52.3% |
| Profit (loss) carried forward | 14 | - | -€8,406 | -€8,406 | |
| Amounts payable | 17/49 | €1,020 | €5,873 | +€4,853 | +475.8% |
| Amounts payable within one year | 42/48 | €1,020 | €5,873 | +€4,853 | +475.8% |
| Trade debts | 44 | €1,020 | €1,109 | +€89 | +8.7% |
| Suppliers | 440/4 | €1,020 | €1,109 | +€89 | +8.7% |
| Other amounts payable | 47/48 | - | €4,764 | +€4,764 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €803 | €187 | -€616 | -76.7% |
| Other operating charges | 640/8 | €155 | €155 | = | 0.0% |
| Gross operating margin | 9900 | €11,192 | -€8,018 | -€19,210 | |
| Operating profit (loss) | 9901 | €10,233 | -€8,360 | -€18,593 | |
| Financial charges | 65/66B | €46 | €46 | = | 0.0% |
| Recurring financial charges | 65 | €46 | €46 | = | 0.0% |
| Profit (loss) for the period before taxes | 9903 | €10,187 | -€8,406 | -€18,593 | |
| Income taxes | 67/77 | €2,913 | - | -€2,913 | |
| Profit (loss) for the period | 9904 | €7,274 | -€8,406 | -€15,680 | |
| Profit (loss) for the period to be appropriated | 9905 | €7,274 | -€8,406 | -€15,680 |
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 30 September 2026 via checked.be.