KANSELARIJ PHOEBUS FOUNDATION: 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.
KANSELARIJ PHOEBUS FOUNDATION
Largest movements
- Cash +€813,955
up €813,955 (+39.8%), from €2.0m to €2.9m
mainly Net result for the year (+€961,461) and Receivables within one year (+€64,051)
- Tangible fixed assets +€211,558
up €211,558 (+567%), from €37,300 to €248,857
- Receivables within one year -€64,051
down €64,051 (-97.2%), from €65,867 to €1,816
of which Trade receivables: -€64,051
- Reserves +€961,461
up €961,461 (+44.8%), from €2.1m to €3.1m
- Gross operating margin +€64,079
up €64,079 (+7.1%), from €900,707 to €964,786
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 | €2,147,846 | €3,109,308 | +€961,461 | +44.8% |
| Fixed assets | 21/28 | €37,300 | €248,857 | +€211,558 | +567% |
| Tangible fixed assets | 22/27 | €37,300 | €248,857 | +€211,558 | +567% |
| Furniture and vehicles | 24 | €37,300 | €248,857 | +€211,558 | +567% |
| Current assets | 29/58 | €2,110,547 | €2,860,450 | +€749,904 | +35.5% |
| Amounts receivable within one year | 40/41 | €65,867 | €1,816 | -€64,051 | -97.2% |
| Trade receivables | 40 | €64,051 | - | -€64,051 | |
| Other amounts receivable | 41 | €1,816 | €1,816 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €2,044,680 | €2,858,635 | +€813,955 | +39.8% |
| Total equity and liabilities | 10/49 | €2,147,846 | €3,109,308 | +€961,461 | +44.8% |
| Equity | 10/15 | €2,147,846 | €3,109,308 | +€961,461 | +44.8% |
| Reserves | 13 | €2,147,846 | €3,109,308 | +€961,461 | +44.8% |
| Gross operating margin | 9900 | €900,707 | €964,786 | +€64,079 | +7.1% |
| Operating profit (loss) | 9901 | €900,707 | €964,786 | +€64,079 | +7.1% |
| Financial charges | 65/66B | €53 | €798 | +€746 | +1,421% |
| Recurring financial charges | 65 | €53 | €798 | +€746 | +1,421% |
| Profit (loss) for the period before taxes | 9903 | €900,655 | €963,987 | +€63,333 | +7.0% |
| Income taxes | 67/77 | - | €2,526 | +€2,526 | |
| Profit (loss) for the period | 9904 | €900,655 | €961,461 | +€60,807 | +6.8% |
| Profit (loss) for the period to be appropriated | 9905 | €900,655 | €961,461 | +€60,807 | +6.8% |
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 31 October 2026 via checked.be.