Direct Phone: 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.
Direct Phone
Largest movements
- Receivables within one year -€108,923
down €108,923 (-29.2%), from €372,622 to €263,699
of which Trade receivables: -€108,923
- Cash +€27,421
up €27,421 (+36.9%), from €74,253 to €101,674
mainly Trade debts (+€135,895) and Receivables within one year (+€108,923)
- Tangible fixed assets -€20,934
down €20,934 (-7.0%), from €298,583 to €277,650
of which Leasing and similar rights: -€17,600
- Profit (loss) carried forward -€210,854
down €210,854 (-247%), from -€85,390 to -€296,245
- Trade debts +€135,895
up €135,895 (+70.4%), from €193,094 to €328,988
- Tax, wage and social debts -€24,789
down €24,789 (-25.8%), from €96,135 to €71,346
of which Taxes: -€14,080
- Short-term financial debts -€18,950
down €18,950 (-33.5%), from €56,523 to €37,573
- Other debts +€10,000
up €10,000 (+738%), from €1,354 to €11,354
- Turnover -€261,318
down €261,318 (-27.2%), from €962,377 to €701,060
- Staff costs -€138,744
down €138,744 (-23.3%), from €594,771 to €456,026
- Goods and materials +€98,699
up €98,699 (+136%), from €72,744 to €171,443
- Services and other goods +€14,444
up €14,444 (+5.7%), from €252,139 to €266,583
- Depreciation -€10,714
down €10,714 (-28.4%), from €37,701 to €26,986
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.
Derived cash bridge
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 | €762,520 | €653,822 | -€108,698 | -14.3% |
| Fixed assets | 21/28 | €300,625 | €277,650 | -€22,976 | -7.6% |
| Intangible fixed assets | 21 | €2,042 | €0 | -€2,042 | -100% |
| Tangible fixed assets | 22/27 | €298,583 | €277,650 | -€20,934 | -7.0% |
| Land and buildings | 22 | €455 | €195 | -€260 | -57.1% |
| Furniture and vehicles | 24 | €11,688 | €9,235 | -€2,454 | -21.0% |
| Leasing and similar rights | 25 | €282,100 | €264,500 | -€17,600 | -6.2% |
| Other tangible fixed assets | 26 | €4,341 | €3,721 | -€620 | -14.3% |
| Financial fixed assets | 28 | €0 | - | = | |
| Other financial fixed assets | 284/8 | €0 | - | = | |
| Amounts receivable and cash guarantees | 285/8 | €0 | - | = | |
| Current assets | 29/58 | €461,895 | €376,172 | -€85,723 | -18.6% |
| Amounts receivable within one year | 40/41 | €372,622 | €263,699 | -€108,923 | -29.2% |
| Trade receivables | 40 | €372,622 | €263,699 | -€108,923 | -29.2% |
| Other amounts receivable | 41 | - | €0 | = | |
| Cash at bank and in hand | 54/58 | €74,253 | €101,674 | +€27,421 | +36.9% |
| Deferred charges and accrued income | 490/1 | €15,019 | €10,798 | -€4,221 | -28.1% |
| Total equity and liabilities | 10/49 | €762,520 | €653,822 | -€108,698 | -14.3% |
| Equity | 10/15 | -€66,790 | -€277,645 | -€210,854 | -316% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€85,390 | -€296,245 | -€210,854 | -247% |
| Amounts payable | 17/49 | €829,311 | €931,467 | +€102,156 | +12.3% |
| Amounts payable after more than one year | 17 | €482,204 | €482,204 | = | 0.0% |
| Financial debts | 170/4 | €482,204 | €482,204 | = | 0.0% |
| Leasing and similar obligations | 172 | €462,500 | €462,500 | = | 0.0% |
| Other loans | 174 | €19,704 | €19,704 | = | 0.0% |
| Amounts payable within one year | 42/48 | €347,106 | €449,262 | +€102,156 | +29.4% |
| Financial debts | 43 | €56,523 | €37,573 | -€18,950 | -33.5% |
| Credit institutions | 430/8 | €56,523 | €37,573 | -€18,950 | -33.5% |
| Trade debts | 44 | €193,094 | €328,988 | +€135,895 | +70.4% |
| Suppliers | 440/4 | €193,094 | €328,988 | +€135,895 | +70.4% |
| Taxes, remuneration and social security | 45 | €96,135 | €71,346 | -€24,789 | -25.8% |
| Taxes | 450/3 | €41,600 | €27,520 | -€14,080 | -33.8% |
| Remuneration and social security | 454/9 | €54,536 | €43,827 | -€10,709 | -19.6% |
| Other amounts payable | 47/48 | €1,354 | €11,354 | +€10,000 | +738% |
| Operating income | 70/76A | €982,119 | €715,118 | -€267,001 | -27.2% |
| Turnover | 70 | €962,377 | €701,060 | -€261,318 | -27.2% |
| Other operating income | 74 | €19,742 | €14,059 | -€5,684 | -28.8% |
| Operating charges | 60/66A | €957,977 | €921,689 | -€36,288 | -3.8% |
| Goods for resale, raw materials and consumables | 60 | €72,744 | €171,443 | +€98,699 | +136% |
| Purchases | 600/8 | €72,744 | €171,443 | +€98,699 | +136% |
| Services and other goods | 61 | €252,139 | €266,583 | +€14,444 | +5.7% |
| Remuneration, social security and pensions | 62 | €594,771 | €456,026 | -€138,744 | -23.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €37,701 | €26,986 | -€10,714 | -28.4% |
| Other operating charges | 640/8 | €623 | €650 | +€28 | +4.4% |
| Operating profit (loss) | 9901 | €24,143 | -€206,571 | -€230,714 | |
| Financial income | 75/76B | €0 | €0 | +€0 | +25.0% |
| Recurring financial income | 75 | €0 | €0 | +€0 | +25.0% |
| Other financial income | 752/9 | €0 | €0 | +€0 | +25.0% |
| Financial charges | 65/66B | €4,363 | €4,104 | -€260 | -5.9% |
| Recurring financial charges | 65 | €4,363 | €4,104 | -€260 | -5.9% |
| Debt charges | 650 | €3,716 | €3,410 | -€306 | -8.2% |
| Other financial charges | 652/9 | €648 | €694 | +€46 | +7.1% |
| Profit (loss) for the period before taxes | 9903 | €19,780 | -€210,674 | -€230,454 | |
| Income taxes | 67/77 | €174 | €180 | +€6 | +3.2% |
| Taxes | 670/3 | €174 | €180 | +€6 | +3.2% |
| Profit (loss) for the period | 9904 | €19,605 | -€210,854 | -€230,460 | |
| Profit (loss) for the period to be appropriated | 9905 | €19,605 | -€210,854 | -€230,460 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.