Phaida Beeldverwerking: 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.
Phaida Beeldverwerking
Largest movements
- Receivables within one year +€6,260
up €6,260 (+44.4%), from €14,100 to €20,360
- Cash -€3,454
down €3,454 (-2.8%), from €122,855 to €119,401
mainly Other debts (-€15,214) and Contributions, distributions and other (-€10,240)
- Other debts -€15,214
down €15,214 (-57.5%), from €26,454 to €11,240
- Reserves +€14,944
up €14,944 (+14.8%), from €100,839 to €115,783
- Tax, wage and social debts +€4,395
up €4,395 (+66.6%), from €6,602 to €10,996
- Gross operating margin -€6,684
down €6,684 (-15.6%), from €42,741 to €36,057
- Taxes -€3,789
down €3,789 (-28.0%), from €13,524 to €9,735
- Financial income +€525
up €525 (+794%), from €66 to €591
- Depreciation +€442
up €442 (+55.6%), from €795 to €1,237
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 | €141,279 | €144,648 | +€3,370 | +2.4% |
| Fixed assets | 21/28 | €3,823 | €4,387 | +€564 | +14.7% |
| Tangible fixed assets | 22/27 | €3,823 | €4,387 | +€564 | +14.7% |
| Furniture and vehicles | 24 | €3,823 | €4,387 | +€564 | +14.7% |
| Current assets | 29/58 | €137,455 | €140,261 | +€2,806 | +2.0% |
| Amounts receivable within one year | 40/41 | €14,100 | €20,360 | +€6,260 | +44.4% |
| Trade receivables | 40 | €14,100 | €20,360 | +€6,260 | +44.4% |
| Cash at bank and in hand | 54/58 | €122,855 | €119,401 | -€3,454 | -2.8% |
| Deferred charges and accrued income | 490/1 | €500 | €500 | = | 0.0% |
| Total equity and liabilities | 10/49 | €141,279 | €144,648 | +€3,370 | +2.4% |
| Equity | 10/15 | €107,039 | €121,983 | +€14,944 | +14.0% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €100,839 | €115,783 | +€14,944 | +14.8% |
| Distributable reserves | 133 | €100,839 | €115,783 | +€14,944 | +14.8% |
| Amounts payable | 17/49 | €34,239 | €22,665 | -€11,574 | -33.8% |
| Amounts payable within one year | 42/48 | €34,239 | €22,665 | -€11,574 | -33.8% |
| Trade debts | 44 | €168 | €344 | +€176 | +105% |
| Suppliers | 440/4 | €168 | €344 | +€176 | +105% |
| Advances received on contracts in progress | 46 | €1,016 | €85 | -€932 | -91.7% |
| Taxes, remuneration and social security | 45 | €6,602 | €10,996 | +€4,395 | +66.6% |
| Taxes | 450/3 | €6,602 | €10,996 | +€4,395 | +66.6% |
| Other amounts payable | 47/48 | €26,454 | €11,240 | -€15,214 | -57.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €795 | €1,237 | +€442 | +55.6% |
| Other operating charges | 640/8 | €373 | €404 | +€31 | +8.4% |
| Gross operating margin | 9900 | €42,741 | €36,057 | -€6,684 | -15.6% |
| Operating profit (loss) | 9901 | €41,572 | €34,415 | -€7,157 | -17.2% |
| Financial income | 75/76B | €66 | €591 | +€525 | +794% |
| Recurring financial income | 75 | €66 | €591 | +€525 | +794% |
| Financial charges | 65/66B | €177 | €87 | -€90 | -50.9% |
| Recurring financial charges | 65 | €177 | €87 | -€90 | -50.9% |
| Profit (loss) for the period before taxes | 9903 | €41,461 | €34,919 | -€6,542 | -15.8% |
| Income taxes | 67/77 | €13,524 | €9,735 | -€3,789 | -28.0% |
| Profit (loss) for the period | 9904 | €27,937 | €25,184 | -€2,753 | -9.9% |
| Profit (loss) for the period to be appropriated | 9905 | €27,937 | €25,184 | -€2,753 | -9.9% |
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 21 October 2026 via checked.be.