PD fysio: 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.
PD fysio
Largest movements
- Cash +€14,032
up €14,032 (+446%), from €3,145 to €17,177
mainly Depreciation (+€11,373) and Net result for the year (+€9,577)
- Tangible fixed assets -€9,025
down €9,025 (-17.2%), from €52,386 to €43,362
of which Furniture and vehicles: -€11,195
- Receivables within one year -€1,072
down €1,072 (-17.4%), from €6,156 to €5,084
of which Trade receivables: -€1,072
- Deferred charges and accrued income -€1,000
down €1,000 (-46.6%), from €2,148 to €1,148
- Reserves +€9,577
up €9,577 (+68.2%), from €14,038 to €23,615
- Debts after one year -€8,754
down €8,754 (-24.9%), from €35,136 to €26,382
- Trade debts +€1,548
up €1,548 (+124%), from €1,250 to €2,798
- Tax, wage and social debts +€1,221
new in 2025: €1,221
- Other debts -€934
no longer reported in 2025 (was €934)
- Depreciation +€7,784
up €7,784 (+217%), from €3,589 to €11,373
- Gross operating margin +€3,501
up €3,501 (+16.0%), from €21,851 to €25,352
- Financial charges +€1,051
up €1,051 (+434%), from €242 to €1,293
- Taxes -€837
down €837 (-22.3%), from €3,758 to €2,921
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 | €63,835 | €66,770 | +€2,935 | +4.6% |
| Fixed assets | 21/28 | €52,386 | €43,362 | -€9,025 | -17.2% |
| Tangible fixed assets | 22/27 | €52,386 | €43,362 | -€9,025 | -17.2% |
| Plant, machinery and equipment | 23 | - | €2,170 | +€2,170 | |
| Furniture and vehicles | 24 | €52,386 | €41,191 | -€11,195 | -21.4% |
| Current assets | 29/58 | €11,449 | €23,409 | +€11,960 | +104% |
| Amounts receivable within one year | 40/41 | €6,156 | €5,084 | -€1,072 | -17.4% |
| Trade receivables | 40 | €5,913 | €4,842 | -€1,072 | -18.1% |
| Other amounts receivable | 41 | €242 | €242 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €3,145 | €17,177 | +€14,032 | +446% |
| Deferred charges and accrued income | 490/1 | €2,148 | €1,148 | -€1,000 | -46.6% |
| Total equity and liabilities | 10/49 | €63,835 | €66,770 | +€2,935 | +4.6% |
| Equity | 10/15 | €18,038 | €27,615 | +€9,577 | +53.1% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Reserves | 13 | €14,038 | €23,615 | +€9,577 | +68.2% |
| Distributable reserves | 133 | €14,038 | €23,615 | +€9,577 | +68.2% |
| Amounts payable | 17/49 | €45,798 | €39,155 | -€6,642 | -14.5% |
| Amounts payable after more than one year | 17 | €35,136 | €26,382 | -€8,754 | -24.9% |
| Financial debts | 170/4 | €35,136 | €26,382 | -€8,754 | -24.9% |
| Amounts payable within one year | 42/48 | €10,662 | €12,773 | +€2,111 | +19.8% |
| Current portion of amounts payable after more than one year | 42 | €8,478 | €8,754 | +€276 | +3.3% |
| Trade debts | 44 | €1,250 | €2,798 | +€1,548 | +124% |
| Suppliers | 440/4 | €1,250 | €2,798 | +€1,548 | +124% |
| Taxes, remuneration and social security | 45 | - | €1,221 | +€1,221 | |
| Taxes | 450/3 | - | €1,221 | +€1,221 | |
| Other amounts payable | 47/48 | €934 | - | -€934 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,589 | €11,373 | +€7,784 | +217% |
| Other operating charges | 640/8 | €225 | €189 | -€36 | -16.1% |
| Gross operating margin | 9900 | €21,851 | €25,352 | +€3,501 | +16.0% |
| Operating profit (loss) | 9901 | €18,038 | €13,791 | -€4,247 | -23.5% |
| Financial income | 75/76B | - | €0 | +€0 | |
| Recurring financial income | 75 | - | €0 | +€0 | |
| Financial charges | 65/66B | €242 | €1,293 | +€1,051 | +434% |
| Recurring financial charges | 65 | €242 | €1,293 | +€1,051 | +434% |
| Profit (loss) for the period before taxes | 9903 | €17,795 | €12,498 | -€5,297 | -29.8% |
| Income taxes | 67/77 | €3,758 | €2,921 | -€837 | -22.3% |
| Profit (loss) for the period | 9904 | €14,038 | €9,577 | -€4,460 | -31.8% |
| Profit (loss) for the period to be appropriated | 9905 | €14,038 | €9,577 | -€4,460 | -31.8% |
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 1 November 2026 via checked.be.