LE PHEBUS: 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.
LE PHEBUS
Largest movements
- Cash -€15,500
down €15,500 (-11.6%), from €133,625 to €118,125
mainly Contributions, distributions and other (-€10,100) and Debts after one year (-€6,257)
- Tangible fixed assets -€8,006
down €8,006 (-36.0%), from €22,237 to €14,231
- Deferred charges and accrued income +€1,877
new in 2024: €1,877
- Contributions -€10,100
down €10,100 (-90.2%), from €11,200 to €1,100
- Debts after one year -€6,257
no longer reported in 2024 (was €6,257)
- Profit (loss) carried forward -€3,547
down €3,547 (-2.8%), from €126,247 to €122,700
- Current portion of long-term debt -€3,452
down €3,452 (-51.1%), from €6,752 to €3,300
- Tax, wage and social debts +€2,912
up €2,912 (+150.5%), from €1,935 to €4,847
- Gross operating margin -€2,599
down €2,599 (-19.0%), from €13,714 to €11,115
- Taxes +€2,256
up €2,256 (+251.2%), from €898 to €3,154
- Other operating charges -€1,650
down €1,650 (-32.5%), from €5,075 to €3,425
- Financial charges +€564
up €564 (+264.8%), from €213 to €777
- Depreciation +€192
up €192 (+2.7%), from €7,114 to €7,306
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €159,112 | €137,483 | -€21,629 | -13.6% |
| Fixed assets | 21/28 | €23,487 | €15,481 | -€8,006 | -34.1% |
| Tangible fixed assets | 22/27 | €22,237 | €14,231 | -€8,006 | -36.0% |
| Plant, machinery and equipment | 23 | €7,829 | €3,934 | -€3,895 | -49.8% |
| Furniture and vehicles | 24 | €11,600 | €8,425 | -€3,175 | -27.4% |
| Leasing and similar rights | 25 | €2,808 | €1,872 | -€936 | -33.3% |
| Financial fixed assets | 28 | €1,250 | €1,250 | = | 0.0% |
| Current assets | 29/58 | €135,625 | €122,002 | -€13,623 | -10.0% |
| Stocks and contracts in progress | 3 | €2,000 | €2,000 | = | 0.0% |
| Stocks | 30/36 | €2,000 | €2,000 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €133,625 | €118,125 | -€15,500 | -11.6% |
| Deferred charges and accrued income | 490/1 | - | €1,877 | +€1,877 | |
| Total equity and liabilities | 10/49 | €159,112 | €137,483 | -€21,629 | -13.6% |
| Equity | 10/15 | €139,335 | €125,688 | -€13,647 | -9.8% |
| Contributions | 10/11 | €11,200 | €1,100 | -€10,100 | -90.2% |
| Reserves | 13 | €1,888 | €1,888 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,888 | €1,888 | = | 0.0% |
| Other | 1319 | €1,888 | €1,888 | = | 0.0% |
| Profit (loss) carried forward | 14 | €126,247 | €122,700 | -€3,547 | -2.8% |
| Amounts payable | 17/49 | €19,777 | €11,795 | -€7,982 | -40.4% |
| Amounts payable after more than one year | 17 | €6,257 | - | -€6,257 | |
| Financial debts | 170/4 | €6,257 | - | -€6,257 | |
| Amounts payable within one year | 42/48 | €13,520 | €11,795 | -€1,725 | -12.8% |
| Current portion of amounts payable after more than one year | 42 | €6,752 | €3,300 | -€3,452 | -51.1% |
| Trade debts | 44 | €4,833 | €3,648 | -€1,185 | -24.5% |
| Suppliers | 440/4 | €4,833 | €3,648 | -€1,185 | -24.5% |
| Taxes, remuneration and social security | 45 | €1,935 | €4,847 | +€2,912 | +150.5% |
| Taxes | 450/3 | €1,935 | €4,847 | +€2,912 | +150.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €7,114 | €7,306 | +€192 | +2.7% |
| Other operating charges | 640/8 | €5,075 | €3,425 | -€1,650 | -32.5% |
| Gross operating margin | 9900 | €13,714 | €11,115 | -€2,599 | -19.0% |
| Operating profit (loss) | 9901 | €1,525 | €384 | -€1,141 | -74.8% |
| Financial charges | 65/66B | €213 | €777 | +€564 | +264.8% |
| Recurring financial charges | 65 | €213 | €777 | +€564 | +264.8% |
| Profit (loss) for the period before taxes | 9903 | €1,312 | -€393 | -€1,705 | |
| Income taxes | 67/77 | €898 | €3,154 | +€2,256 | +251.2% |
| Profit (loss) for the period | 9904 | €414 | -€3,547 | -€3,961 | |
| Profit (loss) for the period to be appropriated | 9905 | €414 | -€3,547 | -€3,961 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.