Panphoton Diagnostics: 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.
Panphoton Diagnostics
Largest movements
- Cash +€5,938
up €5,938 (+31.9%), from €18,614 to €24,552
mainly Depreciation (+€2,455) and Net result for the year (+€1,399)
- Tangible fixed assets -€2,455
down €2,455 (-12.1%), from €20,230 to €17,776
of which Other tangible fixed assets: -€2,455
- Deferred charges and accrued income -€881
no longer reported in 2025 (was €881)
- Receivables within one year -€500
no longer reported in 2025 (was €500)
- Profit (loss) carried forward +€1,399
up €1,399 (+10.4%), from -€13,420 to -€12,020
- Trade debts +€884
up €884 (+1825.6%), from €48 to €932
- Gross operating margin +€5,171
up €5,171, from -€977 to €4,194
- Financial charges +€113
up €113 (+49.6%), from €227 to €339
- Depreciation +€89
up €89 (+3.8%), from €2,366 to €2,455
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 | €40,226 | €42,328 | +€2,102 | +5.2% |
| Fixed assets | 21/28 | €20,230 | €17,776 | -€2,455 | -12.1% |
| Tangible fixed assets | 22/27 | €20,230 | €17,776 | -€2,455 | -12.1% |
| Furniture and vehicles | 24 | €16,700 | €16,700 | = | 0.0% |
| Other tangible fixed assets | 26 | €3,530 | €1,076 | -€2,455 | -69.5% |
| Current assets | 29/58 | €19,995 | €24,552 | +€4,557 | +22.8% |
| Amounts receivable within one year | 40/41 | €500 | - | -€500 | |
| Trade receivables | 40 | €500 | - | -€500 | |
| Cash at bank and in hand | 54/58 | €18,614 | €24,552 | +€5,938 | +31.9% |
| Deferred charges and accrued income | 490/1 | €881 | - | -€881 | |
| Total equity and liabilities | 10/49 | €40,226 | €42,328 | +€2,102 | +5.2% |
| Equity | 10/15 | €30,331 | €31,730 | +€1,399 | +4.6% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €31,350 | €31,350 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €13,199 | €13,199 | = | 0.0% |
| Distributable reserves | 133 | €16,292 | €16,292 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€13,420 | -€12,020 | +€1,399 | +10.4% |
| Amounts payable | 17/49 | €9,895 | €10,598 | +€703 | +7.1% |
| Amounts payable within one year | 42/48 | €9,809 | €10,598 | +€789 | +8.0% |
| Trade debts | 44 | €48 | €932 | +€884 | +1825.6% |
| Suppliers | 440/4 | €48 | €932 | +€884 | +1825.6% |
| Other amounts payable | 47/48 | €9,761 | €9,666 | -€95 | -1.0% |
| Accrued charges and deferred income | 492/3 | €86 | - | -€86 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,366 | €2,455 | +€89 | +3.8% |
| Gross operating margin | 9900 | -€977 | €4,194 | +€5,171 | |
| Operating profit (loss) | 9901 | -€3,343 | €1,739 | +€5,081 | |
| Financial income | 75/76B | €19 | - | -€19 | |
| Recurring financial income | 75 | €19 | - | -€19 | |
| Financial charges | 65/66B | €227 | €339 | +€113 | +49.6% |
| Recurring financial charges | 65 | €227 | €339 | +€113 | +49.6% |
| Profit (loss) for the period before taxes | 9903 | -€3,550 | €1,399 | +€4,949 | |
| Profit (loss) for the period | 9904 | -€3,550 | €1,399 | +€4,949 | |
| Profit (loss) for the period to be appropriated | 9905 | -€3,550 | €1,399 | +€4,949 |
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 6 October 2026 via checked.be.