PHA Consulting: 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.
PHA Consulting
Largest movements
- Cash -€21,725
down €21,725 (-36.4%), from €59,705 to €37,981
mainly Tax, wage and social debts (-€13,758) and Net result for the year (-€5,445)
- Intangible fixed assets -€2,020
down €2,020 (-21.5%), from €9,377 to €7,357
- Tangible fixed assets +€759
new in 2025: €759
- Tax, wage and social debts -€13,758
no longer reported in 2025 (was €13,758)
- Profit (loss) carried forward -€7,145
down €7,145 (-15.9%), from €44,861 to €37,716
- Trade debts -€1,786
down €1,786 (-77.3%), from €2,311 to €525
- Other debts +€1,444
up €1,444 (+52.2%), from €2,767 to €4,211
- Investment grants -€1,000
down €1,000 (-20.9%), from €4,776 to €3,776
- Gross operating margin -€58,462
down €58,462, from €56,345 to -€2,117
- Taxes -€13,691
down €13,691, from €13,489 to -€202
- Depreciation +€1,538
up €1,538 (+212.7%), from €723 to €2,261
- Financial charges +€1,107
up €1,107 (+394.6%), from €281 to €1,388
- Financial income +€775
up €775 (+345.4%), from €225 to €1,000
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 | €69,473 | €47,228 | -€22,244 | -32.0% |
| Fixed assets | 21/28 | €9,377 | €8,116 | -€1,261 | -13.4% |
| Intangible fixed assets | 21 | €9,377 | €7,357 | -€2,020 | -21.5% |
| Tangible fixed assets | 22/27 | - | €759 | +€759 | |
| Furniture and vehicles | 24 | - | €759 | +€759 | |
| Current assets | 29/58 | €60,096 | €39,113 | -€20,983 | -34.9% |
| Amounts receivable within one year | 40/41 | €61 | €479 | +€418 | +691.1% |
| Trade receivables | 40 | €61 | - | -€61 | |
| Other amounts receivable | 41 | - | €479 | +€479 | |
| Cash at bank and in hand | 54/58 | €59,705 | €37,981 | -€21,725 | -36.4% |
| Deferred charges and accrued income | 490/1 | €330 | €653 | +€323 | +98.0% |
| Total equity and liabilities | 10/49 | €69,473 | €47,228 | -€22,244 | -32.0% |
| Equity | 10/15 | €50,637 | €42,492 | -€8,145 | -16.1% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €44,861 | €37,716 | -€7,145 | -15.9% |
| Investment grants | 15 | €4,776 | €3,776 | -€1,000 | -20.9% |
| Amounts payable | 17/49 | €18,836 | €4,737 | -€14,099 | -74.9% |
| Amounts payable within one year | 42/48 | €18,836 | €4,737 | -€14,099 | -74.9% |
| Trade debts | 44 | €2,311 | €525 | -€1,786 | -77.3% |
| Suppliers | 440/4 | €2,311 | €525 | -€1,786 | -77.3% |
| Taxes, remuneration and social security | 45 | €13,758 | - | -€13,758 | |
| Taxes | 450/3 | €13,758 | - | -€13,758 | |
| Other amounts payable | 47/48 | €2,767 | €4,211 | +€1,444 | +52.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €723 | €2,261 | +€1,538 | +212.7% |
| Other operating charges | 640/8 | €613 | €881 | +€268 | +43.7% |
| Gross operating margin | 9900 | €56,345 | -€2,117 | -€58,462 | |
| Operating profit (loss) | 9901 | €55,009 | -€5,259 | -€60,268 | |
| Financial income | 75/76B | €225 | €1,000 | +€775 | +345.4% |
| Recurring financial income | 75 | €225 | €1,000 | +€775 | +345.4% |
| Financial charges | 65/66B | €281 | €1,388 | +€1,107 | +394.6% |
| Recurring financial charges | 65 | €281 | €1,388 | +€1,107 | +394.6% |
| Profit (loss) for the period before taxes | 9903 | €54,953 | -€5,647 | -€60,600 | |
| Income taxes | 67/77 | €13,489 | -€202 | -€13,691 | |
| Profit (loss) for the period | 9904 | €41,465 | -€5,445 | -€46,910 | |
| Profit (loss) for the period to be appropriated | 9905 | €41,465 | -€5,445 | -€46,910 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 2 October 2026 via checked.be.