PH Consulting Services: 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.
PH Consulting Services
Largest movements
- Receivables within one year +€57,630
up €57,630 (+235%), from €24,511 to €82,141
of which Other amounts receivable: +€30,238
- Cash +€38,919
up €38,919 (+70.0%), from €55,591 to €94,510
mainly Other debts (+€162,391) and Net result for the year (+€85,587)
- Intangible fixed assets -€23,000
down €23,000 (-48.9%), from €47,071 to €24,071
- Current investments +€7,209
up €7,209 (+48.1%), from €14,991 to €22,200
- Tangible fixed assets -€2,424
down €2,424 (-27.7%), from €8,740 to €6,316
of which Furniture and vehicles: -€1,757
- Other debts +€162,391
up €162,391 (+18,905%), from €859 to €163,250
- Reserves -€76,973
down €76,973 (-69.4%), from €110,973 to €34,000
- Debts after one year -€11,412
down €11,412 (-74.7%), from €15,274 to €3,861
- Tax, wage and social debts +€4,945
up €4,945 (+47.8%), from €10,342 to €15,287
- Gross operating margin +€51,470
up €51,470 (+61.3%), from €83,927 to €135,396
- Taxes +€11,441
up €11,441 (+88.8%), from €12,890 to €24,331
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 | €153,691 | €230,760 | +€77,069 | +50.1% |
| Fixed assets | 21/28 | €55,811 | €30,387 | -€25,424 | -45.6% |
| Intangible fixed assets | 21 | €47,071 | €24,071 | -€23,000 | -48.9% |
| Tangible fixed assets | 22/27 | €8,740 | €6,316 | -€2,424 | -27.7% |
| Furniture and vehicles | 24 | €6,446 | €4,689 | -€1,757 | -27.3% |
| Other tangible fixed assets | 26 | €2,295 | €1,627 | -€667 | -29.1% |
| Current assets | 29/58 | €97,880 | €200,373 | +€102,493 | +105% |
| Amounts receivable within one year | 40/41 | €24,511 | €82,141 | +€57,630 | +235% |
| Trade receivables | 40 | €15,950 | €43,342 | +€27,392 | +172% |
| Other amounts receivable | 41 | €8,561 | €38,799 | +€30,238 | +353% |
| Current investments | 50/53 | €14,991 | €22,200 | +€7,209 | +48.1% |
| Cash at bank and in hand | 54/58 | €55,591 | €94,510 | +€38,919 | +70.0% |
| Deferred charges and accrued income | 490/1 | €2,788 | €1,523 | -€1,265 | -45.4% |
| Total equity and liabilities | 10/49 | €153,691 | €230,760 | +€77,069 | +50.1% |
| Equity | 10/15 | €112,973 | €36,000 | -€76,973 | -68.1% |
| Contributions | 10/11 | €2,000 | €2,000 | = | 0.0% |
| Reserves | 13 | €110,973 | €34,000 | -€76,973 | -69.4% |
| Distributable reserves | 133 | €110,973 | €34,000 | -€76,973 | -69.4% |
| Amounts payable | 17/49 | €40,718 | €194,760 | +€154,043 | +378% |
| Amounts payable after more than one year | 17 | €15,274 | €3,861 | -€11,412 | -74.7% |
| Financial debts | 170/4 | €15,274 | €3,861 | -€11,412 | -74.7% |
| Amounts payable within one year | 42/48 | €25,444 | €190,899 | +€165,455 | +650% |
| Current portion of amounts payable after more than one year | 42 | €11,160 | €11,412 | +€253 | +2.3% |
| Trade debts | 44 | €3,084 | €950 | -€2,134 | -69.2% |
| Suppliers | 440/4 | €3,084 | €950 | -€2,134 | -69.2% |
| Taxes, remuneration and social security | 45 | €10,342 | €15,287 | +€4,945 | +47.8% |
| Taxes | 450/3 | €10,342 | €15,287 | +€4,945 | +47.8% |
| Other amounts payable | 47/48 | €859 | €163,250 | +€162,391 | +18,905% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €24,796 | €25,424 | +€629 | +2.5% |
| Other operating charges | 640/8 | €1,406 | €884 | -€522 | -37.1% |
| Gross operating margin | 9900 | €83,927 | €135,396 | +€51,470 | +61.3% |
| Operating profit (loss) | 9901 | €57,725 | €109,088 | +€51,363 | +89.0% |
| Financial income | 75/76B | €672 | €1,438 | +€766 | +114% |
| Recurring financial income | 75 | €672 | €1,438 | +€766 | +114% |
| Financial charges | 65/66B | €644 | €609 | -€36 | -5.5% |
| Recurring financial charges | 65 | €644 | €609 | -€36 | -5.5% |
| Profit (loss) for the period before taxes | 9903 | €57,753 | €109,917 | +€52,164 | +90.3% |
| Income taxes | 67/77 | €12,890 | €24,331 | +€11,441 | +88.8% |
| Profit (loss) for the period | 9904 | €44,863 | €85,587 | +€40,723 | +90.8% |
| Profit (loss) for the period to be appropriated | 9905 | €44,863 | €85,587 | +€40,723 | +90.8% |
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 15 October 2026 via checked.be.